NOT LISTED FOR SALE

8609 Ocean View Dr Unit W Emerald Isle, NC 28594

Estimated Value: $749,991 - $1,100,000

4 Beds
3 Baths
1,072 Sq Ft
0.46 Acres

Last Sold September 29, 2016

Last sale price $500,000 $466 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,169/month

21 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Furnished
  • White Oak Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Great Room

About This Home

As of September 2016

Can you say great, fantastic, awesome investment? This huge duplex that is oceanfront boasts a total of 4 bedrooms and 3 full bathrooms in total . The kitchens on both sides have been recently renovated with granite counter tops; the roof was replaced in 2013; and one A/C system was replaced in 2016. You can rent each side separately or use the adjoining door to rent both sides at once. Each side is deeded separately but owner is selling the entire home for $1,095,000. This is a steal considering its strong rental history; revenue for 2015 was $106,937 and 2014 was $91,488.

Last Agent to Sell the Property

Charles Egerton

CENTURY 21 Coastland Realty Listed on: 05/25/2016

Last Buyer's Agent

Charles Egerton

CENTURY 21 Coastland Realty Listed on: 05/25/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,261

Year Built

  • Built in 1985

Lot Details

  • Ocean Front

Home Design

  • Reverse Style Home
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 1,072 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Great Room
  • Combination Dining and Living Room
  • Ocean Views
  • Laundry in Basement
  • Attic Access Panel

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Fire and Smoke Detector

Listing and Financial Details

  • Assessor Parcel Number 5383.12.86.6558000

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,261

Year Built

Built in 1985

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: 2.0
  • Stories Levels: Two
  • Year Built: 1985
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Ceiling Fan(s), Reverse Floor Plan, Wash/Dry Connect, Walk-In Closet, Smoke Detectors, Furnished
  • Laundry Location: Basement
  • List Price per Sq Ft: 508.40
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 6
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Dining Room Level: Second
  • Great Room Level: Second
  • Kitchen Level: Second
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1072.00
  • Total Heated Primary Separate Sq Ft: 1072.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Composition, Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Porch, Covered, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Carteret-Craven EMC
  • Utilities: Community Water, Septic On Site
  • Water Heater: Electric

Association/Amenities

  • HOA: No

Schools

  • School District: Carteret

Lot Info

  • Deed Page: 237.00
  • Lot Acres: 0.46
  • Lot Dimensions: 82 x 251 x 82 x 256
  • Lot Sq Ft: 20038.00
  • Plat Page: 777
  • Zoning: Residental
  • Lot View Type: Ocean View

Rental Info

  • Rental Income Gross Rental Income: 106937.00

Tax Info

  • Tax Identifier: 5383.12.86.6558000
  • Tax Year: 2015

MLS Schools

  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2016
Sold by
Dodson Richard
Bought by
Mcdermott Jim
Current Estimated Value
$917,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.46%
Mortgage Type
New Conventional
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
Mcdermott Jim $500,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdermott Jim $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2016 09/29/16 Sold $500,000 -54.3% $466 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $1,095,000 -- $1,021 / 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 $4,261 $1,087,372 $0 $1,087,372
2024 $3,534 $575,360 $0 $575,360
2023 $3,608 $605,075 $0 $605,075
2022 $3,527 $605,075 $0 $605,075
2021 $3,457 $605,075 $0 $605,075
2020 $3,291 $575,360 $0 $575,360
2019 $1,058 $336,500 $0 $336,500
2017 $1,058 $336,500 $0 $336,500
2016 $1,058 $336,500 $0 $336,500
2015 $1,025 $336,500 $0 $336,500
2014 $1,326 $437,100 $0 $437,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Charles Egerton

    CENTURY 21 Coastland Realty

See All Agents

Map

Source: Hive MLS

MLS Number: 100014360

Hive MLS

APN: 5383.12.86.6558000

North Carolina Carteret County Emerald Isle 28594

8609 Ocean View Dr Unit W, Emerald Isle, NC

This home is located at 8609 Ocean View Dr Unit W, Emerald Isle, NC 28594 since 25 May 2016 and is currently estimated at $917,998, approximately $856 per square foot. This property was built in 1985. 8609 Ocean View Dr Unit W is a home located in Carteret County with nearby schools including White Oak Elementary School, Broad Creek Middle School, and Croatan High School.

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