NOT LISTED FOR SALE

705 Emerald Dr Emerald Isle, NC 28594

Estimated Value: $895,000 - $1,022,000

1 Bed
1 Bath
14,810 Sq Ft
$67/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $512,000 $35 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,407/month

Highlights

  • Deck
  • No HOA
  • Baseboard Heating
  • White Oak Elementary School Rated A-
  • Ceiling Fan
  • 1-Story Property

About This Home

As of February 2021

Almost Oceanfront downstairs apartment. Washer/Dryer. Great views of ocean. Water, basic cable/wifi and lawn care included.NO PETS$1100 per month/$1200 w/ shared garage.

Last Agent to Rent the Property

Sarah Hill

Bluewater Real Estate - EI License #174253 Listed on: 10/10/2020

Last Renter's Agent

Sarah Hill

Bluewater Real Estate - EI License #174253 Listed on: 10/10/2020

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1975

Lot Details

  • 0.34

Parking

  • Unpaved Parking

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Broad Creek Middle School
  • Croatan High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Additional Features

  • Deck
  • 0.34 Acre Lot

Listing and Financial Details

  • Tenant pays for deposit, electricity
  • No Smoking Allowed
  • 12 Month Lease Term
  • Month-to-Month Lease Term
  • $60 Application Fee

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: D
  • Sub Type: Apartment
  • Appointment Center Phone: 252-354-5921
  • Cooling System: Wall/Window Unit(s)
  • Directions To Property: Hwy 24 towards AB, home is on the right.
  • Fencing: None
  • Fireplace: None
  • Fuel Tank: None
  • High School: Croatan
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100240723
  • Location Type: Island
  • Lot Acres: 0.34
  • Lot Sq Ft: 14810.00
  • Marketing City: Emerald Isle
  • Middle School: Broad Creek
  • M L S Approved: Y
  • Office Exclusive: No
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Maintained, Paved
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • State Province: NC
  • Stories: 1.0
  • Stories Levels: One
  • Subdivision: Not In Subdivision
  • Year Built: 1975
  • Pets: No
  • Lease Frequency: Monthly
  • Lease Terms: 1 Year Lease, Renewal Options
  • Tenant Pays: Deposit, Electricity
  • Application Fee: 60.00
  • Authority To Lease: Yes
  • Pet Fees: No
  • Security Deposit: Yes
  • Smoking: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Blinds/Shades, Ceiling Fan(s), Smoke Detectors
  • Master Bedroom Level: N/A
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1

Exterior Features

  • Exterior Features: None

Garage/Parking

  • Parking Driveway: Unpaved

Utilities

  • Heating System: Baseboard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Aug 3, 2020
Sold by
Skye Delia Foster and Vincent Janis Foster
Bought by
Bennett Gary George and Moore Leah Miriam
Seller's Agent
Kathryn Gorham
Green Key Realty
Buyer's Agent
Noreen Barrett
Bluewater Real Estate AB
List Price
$549,000
Sold Price
$512,000
Premium/Discount to List
-$37,000
-6.74%
Current Estimated Value
$985,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,398
Avg. Annual Appreciation
12.92%
Original Mortgage
$450,300
Outstanding Balance
$398,703
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$586,695

Purchase Details

Closed on
May 17, 2018
Sold by
Vincent Janis Foster
Bought by
Vincent Janis Foster
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bennett Gary George $512,000 None Available
Vincent Janis Foster -- None Available
Skye Delia Foster -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Gary George $450,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2021 02/09/21 Rented $1,000 0.0% --
01/23/2021 01/23/21 Price Changed $1,000 -9.1% $0 / Sq Ft
10/10/2020 10/10/20 For Rent $1,100 0.0% --
09/01/2020 09/01/20 Sold $512,000 -6.7% $485 / Sq Ft View Prior Sale
07/17/2020 07/17/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $549,000 -- $520 / 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 $3,662 $978,607 $624,650 $353,957
2024 $2,617 $439,383 $335,070 $104,313
2023 $2,529 $439,383 $335,070 $104,313
2022 $2,465 $439,383 $335,070 $104,313
2021 $2,270 $402,629 $335,070 $67,559
2020 $2,223 $402,629 $335,070 $67,559
2019 $1,017 $323,325 $307,147 $16,178
2017 $1,190 $379,118 $307,147 $71,971
2016 $1,190 $379,118 $307,147 $71,971
2015 $1,159 $379,118 $307,147 $71,971
2014 $1,073 $350,238 $311,698 $38,540
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2021

    Sarah Hill

    Bluewater Real Estate - EI

    (252) 202-5272

    5 Total Sales

    Sarah Hill
    Section Image

  • K

    Seller's Agent in 2020

    Kathryn Gorham

    Green Key Realty

    Section Image

  • N

    Buyer's Agent in 2020

    Noreen Barrett

    Bluewater Real Estate AB

See All Agents

Map

Source: Hive MLS

MLS Number: 100240723

Hive MLS

APN: 6324.10.45.4561000

North Carolina Carteret County Emerald Isle 28594

705 Emerald Dr, Emerald Isle, NC

Not Listed for Sale

MultiFamily

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