NOT LISTED FOR SALE

8605 Ocean View Dr Emerald Isle, NC 28594

Estimated Value: $3,020,319 - $4,551,000

6 Beds
6.5 Baths
4,547 Sq Ft
$758/Sq Ft Est. Value

Last Sold May 09, 2018

Last sale price $1,690,000 $372 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $18,700/month

199 Days on Market

Highlights

  • Ocean Front
  • Second Kitchen
  • In Ground Pool
  • White Oak Elementary School Rated A-
  • Indoor Spa
  • Ocean Side of Freeway

About This Home

As of May 2018

Absolutely the perfect beach house!So much thought was put into making this an amazing rental property as well as a special place to bring friends and family!The colors capture the sea and the sky and they flow wonderfully from one room to the next.All six bedrooms have their own full bath,there are two living areas,lots of decks,in ground pool and hot tub,panoramic views, hardwood floors in living areas, corian counters in kitchen and baths,fully equipped kitchen with icemaker, two dishwashers,gas cooktop and so much more.Located in one of the most popular areas of Emerald Isle within walking distance to shops,attractions and restaurants.Comes fully furnished with the exception of artwork and personal items. This is an outstanding investment property with rental income of $175,000/year.

Last Agent to Sell the Property

Kitch Ayre

Kitch Ayre Real Estate License #165043 Listed on: 09/13/2017

Last Buyer's Agent

Heather Singleton

Emerald Isle Realty License #236652

Emerald Isle Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,500

Year Built

  • Built in 2008

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 54x247x54x244
  • Ocean Front
  • Fenced Yard
  • Vinyl Fence

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 4,547 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Shutters
  • Blinds
  • Combination Dining and Living Room
  • Indoor Spa
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Second Kitchen
  • Gas Cooktop
  • Stove
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Ocean Side of Freeway
  • Deck
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Gas
  • Gas Tank Leased
  • Fuel Tank

Additional Features

  • Accessible Elevator Installed
  • Energy-Efficient Doors

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 5383.12.86.8605000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,500

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Cooktop - Gas, Stove/Oven - Electric, Washer, Vent Hood, Refrigerator, Microwave - Built-In, Ice Maker, Dryer, Dishwasher
  • Auction: No
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 193.00
  • Directions To Property: Emerald Dr to Mangrove to end, right on Ocean View. House on left
  • Document Count: 4
  • Fencing: Back Yard, Vinyl
  • Fireplace: 1
  • Foundation: Pilings, Slab
  • Fuel Tank: Gas
  • Fuel Tank Ownership: Leased
  • Handicap Accessible: Elevator
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100081610
  • List Priceper Sq Ft: 384.65
  • Location Type: Island
  • Lot Acres: 0.30
  • Lot Dimensions: 54x247x54x244
  • Lot Sq Ft: 13112.00
  • Lot Water Features: Ocean Side
  • Marketing City: Emerald Isle
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Deck, Patio
  • Prospect Exempt: No
  • Rental Income Gross Rental Income: 175000.00
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Carteret-Craven EMC
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Sign On Property: Yes
  • Sq Ft Heated: 4547.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Subdivision: Not In Subdivision
  • Tax Identifier: 5383.12.86.8605000
  • Tax Year: 2016
  • Terms: Cash, Conventional
  • Total Real Estate Property Taxes: 6500.00
  • Total Heated Primary Separate Sq Ft: 4547.00
  • Waterview: Yes
  • Year Built: 2008
  • Zoning: Residential
  • Road Frontage Type: Ocean Front
  • Lot View Type: Ocean View, Water View
  • Home Warranty Company: Old Republic
  • Home Warranty Amount: 565.00
  • Home Warranty Termite: Home Warranty/Seller
  • Home Warranty Termite Company: May
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: 2nd Kitchen, Smoke Detectors, Whirlpool, Walk-in Shower, Solid Surface, Elevator, Pantry, Hot Tub, Gas Logs, Furnished, Ceiling Fan(s), Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Room
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Bedrooms: 6

Exterior Features

  • Exterior Features: Outdoor Shower, Thermal Windows, Thermal Doors, Shutters - Functional
  • Exterior Finish: Fiber Cement
  • Exterior Structures: Shower
  • On Site Pool Spa: Hot Tub, In Ground
  • Roof: Metal
  • Waterfront: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Paved

Utilities

  • Heated Sq Ft: 4500 - 4999
  • Heating System: Heat Pump

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2017
Closed on
Jun 25, 2018
Sold by
Badorf Shoe Company Inc
Bought by
Gingerich Investors Llc
Seller's Agent
Kitch Ayre
Kitch Ayre Real Estate
Buyer's Agent
Heather Singleton
Emerald Isle Realty
List Price
$1,799,000
Sold Price
$1,690,000
Premium/Discount to List
-$109,000
-6.06%
Current Estimated Value
$3,447,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,757,830
Avg. Annual Appreciation
9.70%
Original Mortgage
$1,436,500
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 13, 2017
Closed on
May 4, 2018
Sold by
Birch Robert M and Birch Kimberly B
Bought by
Badorf Shoe Company Inc
Seller's Agent
Kitch Ayre
Kitch Ayre Real Estate
Buyer's Agent
Heather Singleton
Emerald Isle Realty
List Price
$1,799,000
Sold Price
$1,690,000
Premium/Discount to List
-$109,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,436,500
Interest Rate
4.44%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gingerich Investors Llc -- None Available
Badorf Shoe Company Inc $1,690,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Badorf Shoe Company Inc $1,436,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2018 05/09/18 Sold $1,690,000 -6.1% $372 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
09/13/2017 09/13/17 For Sale $1,799,000 -- $396 / 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 $10,185 $2,770,364 $1,330,700 $1,439,664
2024 $9,178 $1,611,079 $638,010 $973,069
2023 $9,090 $1,611,079 $638,010 $973,069
2022 $8,909 $1,611,079 $638,010 $973,069
2021 $0 $1,609,156 $638,010 $971,146
2020 $8,718 $1,609,156 $638,010 $971,146
2019 $3,650 $1,172,464 $540,432 $632,032
2017 $3,657 $1,174,844 $540,432 $634,412
2016 $3,657 $1,174,844 $540,432 $634,412
2015 $3,547 $1,177,357 $540,432 $636,925
2014 -- $1,249,576 $513,216 $736,360
Source: Public Records

Agents Affiliated with this Home

  • Kitch Ayre

    Seller's Agent in 2018

    Kitch Ayre

    Kitch Ayre Real Estate

    (252) 241-1382

    27 in this area

    41 Total Sales

    Kitch Ayre
    Section Image
  • Heather Singleton

    Buyer's Agent in 2018

    Heather Singleton

    Emerald Isle Realty

    (252) 725-9783

    55 in this area

    99 Total Sales

    Heather Singleton
    Section Image
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Map

Source: Hive MLS

MLS Number: 100081610

Hive MLS

APN: 5383.12.86.8605000

North Carolina Carteret County Emerald Isle 28594

8605 Ocean View Dr, Emerald Isle, NC

Not Listed for Sale

Detached

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