NOT LISTED FOR SALE

707 Emerald Dr Emerald Isle, NC 28594

Estimated Value: $1,597,000 - $2,601,000

8 Beds
6.5 Baths
4,647 Sq Ft
$455/Sq Ft Est. Value

Last Sold May 06, 2021

Last sale price $1,450,000 $312 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $11,929/month

44 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Wood Flooring
  • White Oak Elementary School Rated A-
  • Ocean Side of Freeway
  • Whirlpool Bathtub

About This Home

As of May 2021

The ''Coral Treasure'' sits upon a high dune (no flood zone) and is 2nd row ocean featuring amazing water views in all directions! Fully furnished home with a swimming pool is a proven vacation rental (over $109,000/year, see details under documents) and offers easy ocean access across the street at one of many nearby public walkways! Great spaces inside and out make this home a ''treasure'' with plenty of room to gather with family and friends or spread out and find a quiet spot to enjoy the ocean breezes. Elevator to all floors, the reverse floor plan compliments the ocean views to the south and the sound views to the north - top floor living area with a fireplace, dining space, kitchen with a breakfast bar, guest bedroom, full bath and a sitting area. The mid, or 2nd floor, offers an entry foyer, a generous master suite with private bath and walk-in closet, 3 guest bedrooms and 2 full baths. The first floor features a media room, recreation room with wet-bar and newly recovered pool table, 3 bedrooms (see sketch as some bedrooms lack closets) and 2.5 baths. Outdoor spaces: covered porches, patio, in-ground swimming pool, outdoor shower and a putting green. Recent updates include: hardwood floors refinished 12/2020, complete interior paint and exterior paint 2021, Pool deck resurfaced and sealed 2/2021, all HVAC units replaced, re-felted pool table 3/2021, new pool heater, new beverage cooler and new TVs. All updates are detailed on the the special features sheet. This meticulously maintained property is a must-see!

Last Agent to Sell the Property

Mary Cheatham King

Keller Williams Crystal Coast Listed on: 03/05/2021

Keller Williams Crystal Coast

Last Buyer's Agent

Jody Cartwright

Cirila Cothran Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,837

Year Built

  • Built in 2006

Lot Details

  • 0.36

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 4,647 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Partial Basement

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Ocean Side of Freeway
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Additional Features

  • Accessible Elevator Installed
  • 0.36 Acre Lot

Community Details

  • No Home Owners Association
  • Emerald Isle By The Sea Subdivision

Listing and Financial Details

  • Assessor Parcel Number 632410453590000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,837

Year Built

Built in 2006

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: Elevator
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination, Kitchen
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 4500 - 4999
  • Interior Amenities: Blinds/Shades, Reverse Floor Plan, Whirlpool, Wet Bar, Walk-In Closet, Walk-in Shower, Solid Surface, Elevator, Pantry, Furnished, Foyer, Ceiling Fan(s)
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 322.57
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Bedrooms: 8
  • Number Rooms: 14
  • Sq Ft Heated: 4647.00
  • Total Heated Primary Separate Sq Ft: 4647.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Fiber Cement, Vinyl Siding
  • Exterior Structures: Shower
  • Fencing: Partial
  • Foundation: Slab
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Covered, Patio, Porch
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Metal
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Septic On Site

Association/Amenities

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

Lot Info

  • Deed Page: 61.00
  • Lot Acres: 0.36
  • Lot Dimensions: 75'x207.81'x75'x207.48'; plat under documents
  • Lot Sq Ft: 15573.00
  • Lot Water Features: Ocean Side, Second Row
  • Plat Book: 8
  • Plat Page: 70
  • Zoning: Residential
  • Lot View Type: Ocean View, Water View, Sound View

Rental Info

  • Rental Income Gross Rental Income: 109500.00

Tax Info

  • Tax Identifier: 632410453590000
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 1348.00
  • Total Real Estate Property Taxes: 5837.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 16, 2021
Sold by
W Roy Poole Inc
Bought by
Searcy Douglas N and Searcy Elizabeth B
Seller's Agent
Mary Cheatham King
Keller Williams Crystal Coast
Buyer's Agent
Jody Cartwright
Cirila Cothran Real Estate
List Price
$1,499,000
Sold Price
$1,450,000
Premium/Discount to List
-$49,000
-3.27%
Current Estimated Value
$2,116,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$666,044
Avg. Annual Appreciation
9.14%
Original Mortgage
$1,152,000
Outstanding Balance
$1,046,216
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,069,828

Purchase Details

Closed on
Oct 31, 2008
Sold by
Mdw Llc
Bought by
W Roy Poole Inc

Purchase Details

Closed on
Mar 28, 2006
Sold by
Dillon Robert Christopher and Dillon Ann Finley
Bought by
Mdw Llc

Purchase Details

Closed on
Oct 14, 2005
Sold by
Rawlins James M
Bought by
Dillon Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Searcy Douglas N $1,450,000 None Available
W Roy Poole Inc -- None Available
Mdw Llc $850,000 None Available
Dillon Robert C $650,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Searcy Douglas N $1,152,000
Previous Owner Dillon Robert C $130,000
Previous Owner Dillon Robert C $520,000
Previous Owner Rawlins James M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $1,450,000 -3.3% $312 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $1,499,000 0.0% $323 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $1,499,000 -- $323 / 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 $4,791 $869,831 $335,070 $534,761
2023 $4,703 $869,831 $335,070 $534,761
2022 $4,596 $869,831 $335,070 $534,761
2021 $4,499 $869,831 $335,070 $534,761
2020 $4,489 $869,831 $335,070 $534,761
2019 $2,701 $866,468 $307,147 $559,321
2017 $2,698 $865,636 $307,147 $558,489
2016 $2,698 $865,636 $307,147 $558,489
2015 $2,612 $865,636 $307,147 $558,489
2014 -- $947,074 $311,698 $635,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100259820

Hive MLS

APN: 6324.10.45.3590000