NOT LISTED FOR SALE

525 Egret Lake Dr Atlantic Beach, NC 28512

Estimated Value: $988,000 - $1,316,000

4 Beds
4 Baths
3,402 Sq Ft
$324/Sq Ft Est. Value

Last Sold October 01, 2019

Last sale price $464,999 $137 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $6,359/month

440 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Marina
  • Boat Dock
  • Morehead City Primary School Rated A-
  • Ocean View
  • Home fronts a sound

About This Home

As of October 2019

Reduced $$$10,000!!!! IDYLLIC ISLAND LIVING in beautifully landscaped Beacon's Reach - footsteps to the OCEAN, SOUND & POOL! Must see this spacious and thoughtfully dreamed 4bd (2 masters)/4ba 1-owner to feel the love. Made to entertain! Lower level boasts 900 sqft ''home within a home'', ideal private quarters for live-in family or guests. Main level flows into living/bkfast/kitchen to elegant dining room. Off living area, a cozy Carolina Room overlooks the ''Garden of Tranquility''. Nestle in for quiet time. First Master suite & 2nd bdrm- bath on main level. 1000 sqft Upper Level reveals the ''GRAND MASTER SUITE'' w/huge spa bathroom, attached office, nursery, mega closets & private balcony for ocean 'peeks' over maritime forest! WELCOME HOME!! Beach & sound front community w/3-pools,tennis, walk/bike path, marina, & gym.

Last Agent to Sell the Property

Scott McAloon

RE/MAX Ocean Properties License #298461 Listed on: 06/11/2018

RE/MAX Ocean Properties

Co-Listed By

Patricia Mangum

RE/MAX Ocean Properties License #196485

Last Buyer's Agent

Lorna Riggs

Bluewater Real Estate - EI License #232836

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,585

Year Built

  • Built in 1990

Lot Details

  • 10,629 Sq Ft Lot
  • Lot Dimensions are 80' x 133'
  • Home fronts a sound
  • Property fronts a private road
  • Street terminates at a dead end
  • Wooded Lot

HOA Fees

  • $222 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 3,402 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Sun or Florida Room
  • Ocean Views
  • Attic

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom
  • Hurricane or Storm Shutters
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Lighted Parking
  • Driveway

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights
  • Deeded access to the beach
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Propane
  • Co-Op Water
  • Electric Water Heater
  • Fuel Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 6344.07.79.0994000

Community Details

Overview

  • Master Insurance
  • Beacon's Reach Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Clubhouse
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Boat Slip
  • Marina
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Security Service
  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,585

Year Built

Built in 1990

Lot Details

0

HOA Fees

$222 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More, Basement
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Walk-In
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Laminate, Wood, Vinyl, Tile
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 9Ft+ Ceilings, Smoke Detectors, Whirlpool, Walk-In Closet, Walk-in Shower, Foyer, Pantry, Intercom/Music, Gas Logs, Blinds/Shades, Ceiling Fan(s)
  • List Price per Sq Ft: 136.68
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 10
  • Dining Room Level: Main
  • Family Room Level: Ground
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Office Level: Upper
  • Sunroom Level: Main
  • Additional Living Spaces with Separate Entrance Description: 819
  • Sq Ft Heated: 3402.00
  • Total Heated Primary Separate Sq Ft: 3402.00

Exterior Features

  • Exterior Features: DP50 Windows, Storm Doors, Shutters - Board/Hurricane, Security Lighting, Gas Logs
  • Exterior Finish: Vinyl Siding, Wood Siding
  • Fencing: None
  • Foundation: Slab
  • On Site Pool Spa: In Ground, See Remarks
  • Porch Balcony Deck: Balcony, Patio, Porch, Covered, Deck
  • Road Type Frontage: Maintained, Private, Paved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Lighted, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Dryer
  • Cooling System: Central, Zoned
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump, Zoned
  • Utilities: Community Sewer, Community Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball Court, Maint - Comm Areas, Water, Trail(s), Tennis Court(s), Street Lights, Storage, Sidewalk, Sewer, Security, Ramp, Playground, Picnic Area, Master Insure, Marina, Maint - Roads, Maint - Grounds, Fitness Center, Community Pool, Clubhouse, Boat Slip - Not Assigned, Boat Dock
  • HOAAssociationFee1Year: 2664.00

Lot Info

  • Deed Page: 352.00
  • Lot Acres: 0.24
  • Lot Description: Dead End, Wooded
  • Lot Dimensions: 80' x 133'
  • Lot Sq Ft: 10629.00
  • Lot Water Features: Deeded Beach Access, Water Access Comm, Waterfront Comm, Sound Side, Deeded Waterfront, Deeded Water Rights, Deeded Water Access
  • Plat Book: 24
  • Plat Page: 143
  • Zoning: R
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 6344.07.79.0994000
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2018
Closed on
Oct 2, 2019
Sold by
Baxter Clyde R and Baxter Jean Farris
Bought by
Gardner Vernon and Gardner Michelle Wilson
Seller's Agent
Scott McAloon
RE/MAX Ocean Properties
Buyer's Agent
Lorna Riggs
Bluewater Real Estate - EI
List Price
$499,999
Sold Price
$464,999
Premium/Discount to List
-$35,000
-7%
Current Estimated Value
$1,102,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$637,135
Avg. Annual Appreciation
15.77%
Original Mortgage
$464,999
Outstanding Balance
$411,823
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$693,006
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gardner Vernon $465,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardner Vernon $464,999
Previous Owner Baxter Clyde R $234,000
Previous Owner Baxter Clyde R $30,000
Previous Owner Baxter Claude R $199,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2019 10/01/19 Sold $464,999 -7.0% $137 / Sq Ft
08/25/2019 08/25/19 Pending -- -- --
06/11/2018 06/11/18 For Sale $499,999 -- $147 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,585 $437,324 $100,584 $336,740
2023 $1,502 $437,324 $100,584 $336,740
2022 $1,458 $437,324 $100,584 $336,740
2021 $0 $437,324 $100,584 $336,740
2020 $1,458 $437,324 $100,584 $336,740
2019 $1,378 $439,522 $116,480 $323,042
2017 $1,378 $439,522 $116,480 $323,042
2016 $1,378 $439,522 $116,480 $323,042
2015 $1,334 $439,522 $116,480 $323,042
2014 $1,341 $441,855 $94,848 $347,007
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100120395

Hive MLS

APN: 6344.07.79.0994000