NOT LISTED FOR SALE

8620 Reed Dr Emerald Isle, NC 28594

Estimated Value: $687,042 - $757,000

3 Beds
2 Baths
1,224 Sq Ft
$588/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $332,500 $272 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,984/month

72 Days on Market

Highlights

  • Spa
  • Ocean Side of Freeway
  • Furnished
  • White Oak Elementary School Rated A-
  • Deck
  • Porch

About This Home

As of March 2014

BEAUTIFULLY REMODELED & UPDATED 3B/2.5B OCEANSIDE COTTAGE W/INCREDIBLE CURB APPEAL& LOCATION(JUST A BLOCK FROM THE BEACH&CLOSE TO SHOPS,RESTAURANTS,FAMILY ENTERTAINMENT& MORE);FEATURES INCLUDE(2005)NEW CEDAR SHAKE VINYL SIDING,METAL ROOF,FLOORS,KITCHEN,BATHROOMS,WRAP-A-ROUND DECKS&PORCHES,''BAHAMA''STORM SHUTTERS,IRRIGATION&SECURITY SYSTEMS,GAZEBO,OUTSIDE SHOWER,SCREENED SPA AREA W/NEW HOT TUB,ATTRACTIVE LANDSCAPING,SPACIOUS OPEN FLOOR PLAN,FENCED BACKYARD& MORE!FURNISHED W/A FEW EXCEPTIONS! Construction: CEDAR SHAKE/VINYL

Last Agent to Sell the Property

Pam Bird

Al Williams Properties License #235965 Listed on: 12/07/2013

Last Buyer's Agent

Margaret Nelson

Advantage Coastal Properties License #239790

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1975

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 113 x 129 x 115 x 131
  • Chain Link Fence

Home Design

  • Slab Foundation
  • Metal Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 1,224 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Ocean Side of Freeway
  • Deck
  • Outdoor Storage
  • Porch

Utilities

  • Heat Pump System
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 538308779784000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,500

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: See Remarks
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Ceiling Fan(s), Furnished, Hot Tub
  • List Price per Sq Ft: 293.30
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 1224.00
  • Total Heated Primary Separate Sq Ft: 1224.00

Exterior Features

  • Exterior Finish: See Remarks, Vinyl Siding
  • Exterior Structures: Shower, Storage
  • Fencing: Chain Link
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Garage And Parking Other See Remarks: AMPLE PARKING
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Dryer
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Septic On Site

Lot Info

  • Deed Page: 278.00
  • Lot Acres: 0.33
  • Lot Dimensions: 113 X 129 X 115 X 131
  • Lot Sq Ft: 14374.80
  • Lot Water Features: Ocean Side

Tax Info

  • Tax Identifier: 538308779784000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2013
Closed on
Mar 28, 2014
Sold by
Walker Robert C
Bought by
Fallin Philip S and Fallin Deborah L
Seller's Agent
Pam Bird
Al Williams Properties
Buyer's Agent
Margaret Nelson
Advantage Coastal Properties
List Price
$359,000
Sold Price
$332,500
Premium/Discount to List
-$26,500
-7.38%
Current Estimated Value
$720,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,511
Avg. Annual Appreciation
6.89%
Original Mortgage
$299,250
Outstanding Balance
$227,143
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$492,868

Purchase Details

Closed on
Oct 29, 2004

Purchase Details

Closed on
Sep 27, 2004
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
Fallin Philip S $332,500 --
-- $260,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fallin Philip S $299,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2014 03/28/14 Sold $332,500 -7.4% $272 / Sq Ft
02/17/2014 02/17/14 Pending -- -- --
12/07/2013 12/07/13 For Sale $359,000 -- $293 / 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 $2,500 $626,294 $332,288 $294,006
2024 $2,175 $351,947 $224,237 $127,710
2023 $2,087 $351,947 $224,237 $127,710
2022 $2,032 $351,947 $224,237 $127,710
2021 $1,987 $351,947 $224,237 $127,710
2020 $1,977 $351,947 $224,237 $127,710
2019 $1,014 $322,154 $208,948 $113,206
2017 $1,014 $322,154 $208,948 $113,206
2016 $1,014 $322,154 $208,948 $113,206
2015 $981 $322,154 $208,948 $113,206
2014 $985 $323,440 $198,524 $124,916
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 11305688

Hive MLS

APN: 5383.08.77.9784000