NOT LISTED FOR SALE

611 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $1,767,000 - $2,526,000

4 Beds
3.5 Baths
2,171 Sq Ft
$973/Sq Ft Est. Value

Last Sold August 23, 2018

Last sale price $1,075,000 $495 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $11,509/month

181 Days on Market

Highlights

  • Ocean Front
  • Deeded access to the beach
  • Ocean Side of Freeway
  • White Oak Elementary School Rated A-
  • In Ground Pool
  • Deck

About This Home

As of August 2018

Outstanding ocean views from this high oceanfront location. The home is fully equipped with handicap accessability, elevator, walk in shower, and access handicap ramp to the beach, making it a popular rental. Four bedrooms plus a den, granite kitchen countertops, wet bar in the living room, wood floors, and ground level entrance. The swimming pool and a poolside bar and deck are excellent for outside entertaining! FThe home comes fully furnished in a nice beachy decor. This home has great rentals! Everything you need in this nice 2016 built home! Investors call today for an Investment Analysis.

Last Agent to Sell the Property

Cathy Sheaffer

Bluewater Real Estate - EI License #174253 Listed on: 02/07/2018

Last Buyer's Agent

Charles Egerton

CENTURY 21 Sweyer & Associates - SC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 88 x 150
  • Ocean Front
  • Vinyl Fence

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 2,171 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Bathroom
  • Accessible Approach with Ramp

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach
  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Outdoor Gas Grill

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6324.10.45.9325000

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Stove/Oven - Electric, Microwave - Built-In, Ice Maker, Dryer
  • Auction: No
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 422.00
  • Directions To Property: Turn on 7th Street from Emerald Drive. Left on Ocean; home on the right.
  • Document Count: 5
  • Federal Flood Ins Avlbl: Yes
  • Fencing: Vinyl
  • Fireplace: None
  • Foundation: Pilings
  • Fuel Tank: None
  • Handicap Accessible: Accessible Approach with Ramp, Elevator, Bathroom
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100099690
  • List Priceper Sq Ft: 522.80
  • Location Type: Island
  • Lot Acres: 0.30
  • Lot Dimensions: 88 x 150
  • Lot Sq Ft: 13199.00
  • Lot Water Features: Deeded Beach Access, Ocean Side
  • Marketing City: Emerald Isle
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Balcony, Deck
  • Prospect Exempt: No
  • Rental Income Gross Rental Income: 106578.00
  • Annual Gross Rental Income Collected: 2016
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Carteret-Craven EMC
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Sign On Property: Yes
  • Sq Ft Heated: 2171.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 2.0
  • Stories Levels: Two
  • Subdivision: Not In Subdivision
  • Tax Identifier: 6324.10.45.9325000
  • Tax Year: 2017
  • Terms: Cash, Conventional
  • Total City Real Estate Property Tax: 1111.25
  • Total Heated Primary Separate Sq Ft: 2171.00
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 2016
  • Zoning: Residential
  • Road Frontage Type: Ocean Front
  • Lot View Type: Ocean View, Water View, Sound View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Interior Amenities: Blinds/Shades, Elevator, Wet Bar, Walk-in Shower, Pantry, Furnished, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Closet
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Bedroom2 Level: First
  • Bedroom3 Level: First
  • Bedroom4 Level: First
  • Dining Room Level: Second
  • Family Room Level: First
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second

Exterior Features

  • Exterior Features: Gas Grill
  • Exterior Finish: Vinyl Siding
  • On Site Pool Spa: In Ground
  • Roof: Architectural Shingle
  • Waterfront: Yes

Garage/Parking

  • Parking Driveway: Paved

Utilities

  • Heated Sq Ft: 2000 - 2199
  • Heating System: Heat Pump
  • Utilities: Septic On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2018
Closed on
Aug 3, 2018
Sold by
611 Emerald Llc
Bought by
Norris Properties Housing Cooperative As
Seller's Agent
Cathy Sheaffer
Bluewater Real Estate - EI
Buyer's Agent
Charles Egerton
CENTURY 21 Sweyer & Associates - SC
List Price
$1,200,000
Sold Price
$1,075,000
Premium/Discount to List
-$125,000
-10.42%
Current Estimated Value
$2,113,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,038,126
Avg. Annual Appreciation
9.58%
Original Mortgage
$687,000
Outstanding Balance
$596,632
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,516,494

Purchase Details

Closed on
Jun 28, 2016
Sold by
Orange Crush Llc
Bought by
611 Emerald Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
3.58%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 21, 2016
Sold by
Stellar Beach Rentals Llc
Bought by
Orange Crush Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Norris Properties Housing Cooperative As $1,075,000 None Available
611 Emerald Llc -- Attorney
Orange Crush Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norris Properties Housing Cooperative As $687,000
Previous Owner 611 Emerald Llc $660,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2018 08/23/18 Sold $1,075,000 -10.4% $495 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $1,200,000 -- $553 / 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
2025 $6,813 $1,812,495 $1,069,031 $743,464
2024 $3,266 $526,278 $186,560 $339,718
2023 $3,178 $526,278 $186,560 $339,718
2022 $3,106 $526,278 $186,560 $339,718
2020 $3,033 $526,278 $186,560 $339,718
2019 $1,769 $565,826 $221,540 $344,286
2017 $1,782 $569,872 $221,540 $348,332
2016 $1,210 $569,872 $221,540 $348,332
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100099690

Hive MLS

APN: 6324.10.45.9325000