NOT LISTED FOR SALE

8527 Ocean View Dr Emerald Isle, NC 28594

Estimated Value: $2,720,000 - $3,512,000

4 Beds
5 Baths
3,438 Sq Ft
$864/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $1,800,000 $524 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $16,343/month

31 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Deck
  • White Oak Elementary School Rated A-
  • Ocean Side of Freeway
  • Furnished

About This Home

As of December 2020

Oceanfront! Awesome views from one of the highest spots in Emerald Isle-No Flood Insurance Required. Well maintained with great rentals. Love this location - feels secluded from town but is a short walk, bike or golf cart ride to restaurants , shopping and entertainment. ''A Dolphin Watch'', appropriately named, as many have been spotted jumping the waves in front of this special oceanfront home.

Last Agent to Sell the Property

Phyllis Howard

Emerald Isle Realty License #139563 Listed on: 10/16/2020

Last Buyer's Agent

TERRY HAILEY-WADE

Anchored Properties, LLC License #308074

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,108

Year Built

  • Built in 2002

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 75x237x75x237
  • Ocean Front
  • Vinyl Fence
  • Dunes

Home Design

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

Interior Spaces

  • 3,438 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 1 Car Attached Garage
  • Lighted Parking
  • Driveway
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Ocean Side of Freeway
  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

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

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 5383.12.96.1734000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,108

Year Built

Built in 2002

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: 2002
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination, Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Tile, Laminate
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Elevator, Gas Logs, Furnished, Ceiling Fan(s)
  • List Price per Sq Ft: 552.65
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedrooms: 4
  • Number Rooms: 10
  • Sq Ft Heated: 3438.00
  • Total Heated Primary Separate Sq Ft: 3438.00

Exterior Features

  • Exterior Features: Gas Logs, Outdoor Shower
  • Exterior Finish: Fiber Cement
  • Fencing: Partial, Vinyl
  • Foundation: Crawl Space, Slab, Pilings
  • On Site Pool Spa: Hot Tub, In Ground
  • Porch Balcony Deck: Covered, Open, Patio, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Lighted, Paved, On Site, Off Street

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Utilities: Community Water, Septic On Site
  • Water Heater: Electric

Association/Amenities

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

Schools

  • School District: Carteret

Lot Info

  • Deed Page: 356.00
  • Lot Acres: 0.41
  • Lot Description: Dunes
  • Lot Dimensions: 75x237x75x237
  • Lot Number: 4
  • Lot Sq Ft: 17772.00
  • Lot Water Features: Ocean Side
  • Plat Book: 7
  • Plat Page: 55-A
  • Zoning: R
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 5383.12.96.1734000
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 2175.94

MLS Schools

  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Dec 18, 2020
Sold by
Powell Lincage Llc
Bought by
Duffy Micahel P and Duffy Lisa Lynn
Seller's Agent
Phyllis Howard
Emerald Isle Realty
Buyer's Agent
TERRY HAILEY-WADE
Anchored Properties, LLC
List Price
$1,900,000
Sold Price
$1,800,000
Premium/Discount to List
-$100,000
-5.26%
Current Estimated Value
$2,971,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,171,561
Avg. Annual Appreciation
10.87%
Original Mortgage
$1,440,000
Outstanding Balance
$1,282,029
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,689,532

Purchase Details

Listed on
Apr 13, 2010
Closed on
Jun 27, 2013
Sold by
Mackey Leonard B and Mackey Katherine
Bought by
Powell Lineage Llc
Seller's Agent
Kitch Ayre
Kitch Ayre Real Estate
Buyer's Agent
Phyllis Howard
Emerald Isle Realty
List Price
$1,900,000
Sold Price
$1,225,000
Premium/Discount to List
-$675,000
-35.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%

Purchase Details

Closed on
Jan 3, 2005
Sold by
Moldthan John H and Moldthan Kathleen D
Bought by
Mackey Leonard B and Mackey Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
4.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 12, 2002

Purchase Details

Closed on
Mar 28, 2000
Source: Public Records

Range of Values:

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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
Duffy Micahel P $1,800,000 None Available
Powell Lineage Llc $1,225,000 None Available
Powell Lineage Llc $1,225,000 None Available
Mackey Leonard B $1,900,000 --
-- $379,000 --
-- $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duffy Micahel P $1,440,000
Previous Owner Mackey Leonard B $1,425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2020 12/18/20 Sold $1,800,000 -5.3% $524 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $1,900,000 +55.1% $553 / Sq Ft
06/27/2013 06/27/13 Sold $1,225,000 -35.5% $360 / Sq Ft View Prior Sale
06/06/2013 06/06/13 Pending -- -- --
04/13/2010 04/13/10 For Sale $1,900,000 -- $559 / 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 $9,108 $2,464,510 $1,369,550 $1,094,960
2024 $8,049 $1,403,830 $807,075 $596,755
2023 $7,961 $1,403,830 $807,075 $596,755
2022 $7,800 $1,403,830 $807,075 $596,755
2021 $7,650 $1,403,830 $807,075 $596,755
2020 $7,640 $1,403,830 $807,075 $596,755
2019 $3,771 $1,211,548 $683,640 $527,908
2017 $3,771 $1,211,548 $683,640 $527,908
2016 $3,771 $1,211,548 $683,640 $527,908
2015 $3,650 $1,211,548 $683,640 $527,908
2014 $3,834 $1,273,092 $649,080 $624,012
Source: Public Records

Agents Affiliated with this Home

  • Phyllis Howard

    Seller's Agent in 2020

    Phyllis Howard

    Emerald Isle Realty

    (252) 393-7271

    41 in this area

    63 Total Sales

    Phyllis Howard
    Section Image

  • T

    Buyer's Agent in 2020

    TERRY HAILEY-WADE

    Anchored Properties, LLC

    5 in this area

    12 Total Sales

    TERRY HAILEY-WADE
    Section Image

  • T

    Buyer's Agent in 2020

    Terry Wade

    Spinnaker's Reach

  • Kitch Ayre

    Seller's Agent in 2013

    Kitch Ayre

    Kitch Ayre Real Estate

    (252) 241-1382

    33 in this area

    48 Total Sales

    Kitch Ayre
    Section Image
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Map

Source: Hive MLS

MLS Number: 100241676

Hive MLS

APN: 5383.12.96.1734000

North Carolina Carteret County Emerald Isle 28594

8527 Ocean View Dr, Emerald Isle, NC

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