NOT LISTED FOR SALE

7022 Emerald Dr Emerald Isle, NC 28594

Estimated Value: $1,594,000 - $1,783,000

1.72 Acres
$975,256 Price per Acre
74,923 Sq Ft Lot

Last Sold August 31, 2021

Last sale price $209,000

Est. 703% increase in value since last sale

Current estimated payment $9,185/month

496 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Home fronts a creek
  • Wetlands on Lot
  • White Oak Elementary School Rated A-
  • 1.72 Acre Lot
  • Wooded Lot

About This Lot

As of August 2021

Navigable, waterfront lot to Archers Creek with beautiful, blue water views of and access to Bogue Sound. Deep wooded lot with room to build large or small and enjoy privacy and nature from birds to jumping fish. Create your own paradise within walking distance to the beach and close to shopping, restaurants, and boat launch park. Expired 3 bedroom septic permit in hand.

Last Agent to Sell the Property

Donald Whiteside

Emerald Isle Realty License #172902 Listed on: 03/06/2020

Emerald Isle Realty

Last Buyer's Agent

Roy Parker

E I Beach Realty, LLC License #153115

Property Details

Property Type

  • Land

Lot Details

  • 1.72 Acre Lot
  • Lot Dimensions are 75 x 1003 x 75 x 1007
  • Home fronts a creek
  • 75 Feet of Waterfront
  • Home fronts a sound
  • Wooded Lot
  • Marsh on Lot

Property Views

  • Water Views
  • Views of a Sound

Schools

  • Broad Creek Middle School
  • Croatan High School

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 539419607812000

Community Details

Overview

  • No Home Owners Association
  • Bluewater Bay Subdivision

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Auction: No
  • Cobra Zone: No
  • Deed Page: 299.00
  • Directions To Property: HWY 24 to HWY 58; Turn South and cross bridge to Emerald Isle; Lot is between Craig Drive and Bluewater Drive on the North side of street Look for sign
  • Document Count: 3
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fuel Tank: None
  • High School: Croatan
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100207987
  • Location Type: Island
  • Lot Description: Wetlands, Wooded
  • Lot Dimensions: 75 X 1003 X 75 X 1007
  • Lot Number: 3
  • Lot Sq Ft: 74923.00
  • Lot Water Features: Sound Side
  • Marketing City: Emerald Isle
  • Middle School: Broad Creek
  • M L S Approved: Y
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • School District: Carteret
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Carteret-Craven EMC
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Sign On Property: Yes
  • Special Assessments: *** BACK ON MARKET ***
  • State Province: NC
  • Stipulation Of Sale: None
  • Subdivision: Bluewater Bay
  • Tax Identifier: 539419607812000
  • Tax Year: 2020
  • Terms: Cash, Conventional
  • Waterview: Yes
  • Zoning: R-1
  • Acres: 1.72
  • Buildigson Property: None
  • Current Use: Residential
  • Deed Restriction: No
  • Deferred Taxes: No
  • Environmental Hazard: No
  • List Priceper Acre: 127325.58
  • Soil Evaluation Other: expired 3 BR permit
  • Topography: Marsh/Wetland, Wooded
  • Water Frontage: 75.00
  • Lot Number2: 3
  • Road Frontage Type: Creek Front, Sound Front
  • Lot View Type: Sound View, Water View
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Yes

Utilities

  • Utilities: Municipal Water Available, See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Aug 17, 2021
Sold by
Stern Joshua and Fisher Risa
Bought by
Howell Michael K and Howell Shelly P
Seller's Agent
Donald Whiteside
Emerald Isle Realty
Buyer's Agent
Roy Parker
E I Beach Realty, LLC
List Price
$199,000
Sold Price
$209,000
Premium/Discount to List
$10,000
5.03%
Current Estimated Value
$1,677,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,468,440
Avg. Annual Appreciation
60.88%
Original Mortgage
$156,750
Outstanding Balance
$142,320
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$1,535,120

Purchase Details

Closed on
Apr 6, 2021
Sold by
Grohnke Kevin M and Grohnke Connie S
Bought by
Stern Joshua and Fisher Risa

Purchase Details

Closed on
Jul 25, 2003
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
Howell Michael K $209,000 None Available
Stern Joshua -- None Available
-- $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howell Michael K $156,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $209,000 -4.6% --
07/15/2021 07/15/21 Pending -- -- --
03/20/2021 03/20/21 Price Changed $219,000 +10.1% --
03/07/2021 03/07/21 For Sale $199,000 -4.8% --
03/01/2021 03/01/21 Off Market $209,000 -- --
03/06/2020 03/06/20 For Sale $199,000 -- --
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 $4,973 $1,375,679 $529,896 $845,783
2024 $2,378 $392,090 $93,760 $298,330
2023 $473 $93,760 $93,760 $0
2022 $464 $93,760 $93,760 $0
2020 $455 $93,760 $93,760 $0
2019 $537 $173,136 $173,136 $0
2017 $537 $173,136 $173,136 $0
2016 $537 $173,136 $173,136 $0
2015 $519 $173,136 $173,136 $0
2014 $1,039 $346,303 $346,303 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100207987

Hive MLS

APN: 5394.19.60.7812000