NOT LISTED FOR SALE

8503 Ocean View Dr Unit W Emerald Isle, NC 28594

Estimated Value: $1,069,000 - $1,296,000

3 Beds
3 Baths
2,040 Sq Ft
828 Sq Ft Lot

Last Sold January 04, 2024

Last sale price $1,200,000 $588 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,587/month

126 Days on Market

Highlights

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

About This Home

As of January 2024

Oceanfront 1⁄2 duplex with views of the Bogue Inlet Pier is located on a high dune overlooking a spectacular Emerald Isle beach. Original owners have cared for and upgraded the home throughout the years to keep rental guests coming back year after year: 2023 gross rental income expected to top $100K. The layout offers decks and bedrooms on three levels. With 3 bedrooms, an office area in entry foyer, two bonus rooms on top level and 3 full baths, there's plenty of room for the entire family to enjoy. Kitchen has quartz countertops and new refrigerator. Tile and wood flooring throughout make for easy care. Ocean decks for everybody - ground level deck surrounded by dunes, covered plaza with high quality furnishings, covered main deck with stairs to deck seating, and open deck on top level. Custom shades and shutters protect guests from sunny afternoons and any storms. Offered completely furnished. Both HVACs and water heater have been replaced recently. Roof was replaced with ice shield barrier below shingles. Located on quiet street without thru traffic. All property needs is a new owner!

Last Agent to Sell the Property

Donald Whiteside

Emerald Isle Realty License #172902 Listed on: 06/06/2023

Last Buyer's Agent

Dena Anbar

Century 21 Coastal Advantage License #296597

Century 21 Coastal Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $37

Year Built

  • Built in 1994

Lot Details

  • Ocean Front
  • Dunes

Parking

  • Gravel Driveway

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,040 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Ocean Side of Freeway
  • Deck
  • Covered patio or porch

Schools

  • White Oak Elementary School
  • Broad Creek Middle School
  • Croatan High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 539309060979000

Community Details

Overview

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

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$37

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1994
  • Road Frontage Type: Ocean Front
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s), Foyer, Furnished, Smoke Detectors, Solid Surface, Walk-in Shower
  • Laundry Location: Closet, Hall
  • List Price per Sq Ft: 631.86
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Sq Ft Heated: 2040.00
  • Total Heated Primary Separate Sq Ft: 2040.00

Exterior Features

  • Exterior Features: DP50 Windows, Outdoor Shower
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings, Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Deck, Open
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Composition, Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Gravel

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Microwave - Built-In, Range, Refrigerator, Washer
  • Cooling System: Heat Pump
  • 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
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 179.00
  • Lot Description: Dunes, Level
  • Lot Dimensions: 0 X 0 X 0 X 0
  • Lot Water Features: Deeded Beach Access, Ocean Side
  • Zoning: MH1
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 539309060979000
  • Tax Year: 2022

MLS Schools

  • Elementary School: White Oak Elementary
  • High School: Croatan
  • Middle School: Broad Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Jan 4, 2024
Sold by
Lewis Richard and Pemberton Elizabeth Nelson
Bought by
Foster John E and Foster Dina Z
Seller's Agent
Donald Whiteside
Emerald Isle Realty
Buyer's Agent
Dena Anbar
Century 21 Coastal Advantage
List Price
$1,289,000
Sold Price
$1,200,000
Premium/Discount to List
-$89,000
-6.9%
Views
439
Current Estimated Value
$1,181,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,247
Avg. Annual Appreciation
-1.01%
Source: Public Records

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Range of Values:

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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
Foster John E $1,200,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2024 01/04/24 Sold $1,200,000 -6.9% $588 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $1,289,000 -- $632 / 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 $37 $600,600 $0 $600,600
2023 $3,583 $600,600 $0 $600,600
2022 $3,503 $600,600 $0 $600,600
2021 $3,433 $600,600 $0 $600,600
2020 $3,423 $600,600 $0 $600,600
2019 $1,581 $505,100 $0 $505,100
2017 $1,581 $505,100 $0 $505,100
2016 $1,581 $505,100 $0 $505,100
2015 $1,530 $505,100 $0 $505,100
2014 $1,665 $550,000 $0 $550,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100388241

Hive MLS

APN: 5393.09.06.0979000