NOT LISTED FOR SALE

611 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $1,280,898 - $1,648,000

4 Beds
3.5 Baths
2,171 Sq Ft
$677/Sq Ft Est. Value

Last Sold August 23, 2018

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

Est. 37% increase in value since last sale

Current estimated payment $8,260/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

RE/MAX Ocean Properties EI License #237574

RE/MAX Ocean Properties EI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,266

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

Est. Annual Taxes

$3,266

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Accessible Approach with Ramp, Elevator, Bathroom
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2016
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Blinds/Shades, Elevator, Wet Bar, Walk-in Shower, Pantry, Furnished, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Closet
  • List Price per Sq Ft: 522.80
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Dining Room Level: Second
  • Family Room Level: First
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 2171.00
  • Total Heated Primary Separate Sq Ft: 2171.00

Exterior Features

  • Exterior Features: Gas Grill
  • Exterior Finish: Vinyl Siding
  • Fencing: Vinyl
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Stove/Oven - Electric, Microwave - Built-In, Ice Maker, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Carteret-Craven EMC
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Utilities: Septic On Site
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 422.00
  • Lot Acres: 0.30
  • Lot Dimensions: 88 x 150
  • Lot Sq Ft: 13199.00
  • Lot Water Features: Deeded Beach Access, Ocean Side
  • Plat Book: 33
  • Plat Page: 144
  • Zoning: Residential
  • Lot View Type: Ocean View, Water View, Sound View

Rental Info

  • Rental Income Gross Rental Income: 106578.00
  • Annual Gross Rental Income Collected: 2016

Tax Info

  • Tax Identifier: 6324.10.45.9325000
  • Tax Year: 2017
  • Total City Real Estate Property Tax: 1111.25

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
RE/MAX Ocean Properties EI
List Price
$1,200,000
Sold Price
$1,075,000
Premium/Discount to List
-$125,000
-10.42%
Current Estimated Value
$1,468,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,966
Avg. Annual Appreciation
5.51%
Original Mortgage
$687,000
Outstanding Balance
$602,780
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$963,942

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,000
Interest Rate
3.98%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Previous Owner Orange Crush Llc $663,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
2021 $0 $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