NOT LISTED FOR SALE

8625 Ocean View Dr Emerald Isle, NC 28594

Estimated Value: $1,430,000 - $2,597,059

0.43 Acres
$4,621,547 Price per Acre
18,731 Sq Ft Lot

Last Sold February 26, 2024

Last sale price $1,501,000 $1,276 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $11,125/month

5 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Ocean View
  • No HOA
  • White Oak Elementary School Rated A-
  • Ocean Side of Freeway
  • Level Lot

About This Lot

As of February 2024

Discover your dream oceanfront lot to build the perfect home you've always envisioned. Look no further as this desirable property is located near the heart of Emerald Isle, offering convenient access to shopping, restaurants, bike paths, grocery stores and all types of entertainment. You also enjoy the easy on/off access being located close to the bridge. With its generous size, this expansive oceanfront lot can accommodate a substantial home, fulfilling all your aspirations. There an old septic permit for a five-bedroom home, issued on 11/2/2016. The cherry on top is that your dream oceanfront residence can be constructed outside of flood zones, eliminating the need for flood insurance. Opportunities like this are rare and seldom available on the market. Don't miss the chance to explore the endless possibilities and envision the bright future that awaits you on this remarkable property.

Last Agent to Sell the Property

Emma Singleton

Emerald Isle Realty License #180070 Listed on: 02/10/2024

Emerald Isle Realty

Last Buyer's Agent

Dena Anbar

Century 21 Coastal Advantage License #296597

Century 21 Coastal Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,961

Lot Details

  • 18,731 Sq Ft Lot
  • Lot Dimensions are 75x252x75x252
  • 75 Feet of Waterfront
  • Ocean Front
  • Level Lot
  • Open Lot
  • Cleared Lot

Property Views

  • Ocean Views

Schools

  • White Oak Elementary School
  • Broad Creek Middle School
  • West Carteret High School

Listing and Financial Details

  • Assessor Parcel Number 538312860462000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Ocean Side of Freeway

Property Details

Property Type

Land

Est. Annual Taxes

$3,961

Lot Details

0.43 Acres

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 3961.33
  • Waterview: Yes
  • Buildigson Property: None
  • List Priceper Acre: 3488372.09
  • Lot View Type: Ocean View, Water View
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Public (City/Cty/St)
  • Waterfront: Yes
  • Water Frontage: 75.00
  • Road Frontage Type: Ocean Front

Utilities

  • Fuel Tank: None

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities

Schools

  • Elementary School: White Oak Elementary
  • High School: West Carteret
  • Middle School: Broad Creek

Lot Info

  • Cobra Zone: No
  • Deed Page: 209.00
  • Lot Description: Open
  • Lot Dimensions: 75x252x75x252
  • Lot Sq Ft: 18731.00
  • Lot Water Features: Ocean Side
  • Zoning: RES
  • Acres: 0.43
  • Wooded Acres: 1176.00
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Level

Tax Info

  • Tax Identifier: 538312860462000
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2024
Closed on
Feb 26, 2024
Sold by
Sisk David W and Sisk Doris L
Bought by
Foster John E and Foster Dina Z
Seller's Agent
Emma Singleton
Emerald Isle Realty
Buyer's Agent
Dena Anbar
Century 21 Coastal Advantage
List Price
$1,500,000
Sold Price
$1,501,000
Premium/Discount to List
$1,000
0.07%
Views
10
Current Estimated Value
$1,987,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,265
Avg. Annual Appreciation
14.52%

Purchase Details

Listed on
Aug 22, 2023
Closed on
Sep 11, 2023
Sold by
Seidel Richard P and Seidel Claudine D
Bought by
Sisk David W and Sisk Doris L
Seller's Agent
Heather Singleton
Emerald Isle Realty
Buyer's Agent
Emma Singleton
Emerald Isle Realty
List Price
$1,100,000
Sold Price
$1,325,000
Premium/Discount to List
$225,000
20.45%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.94%

Purchase Details

Listed on
Feb 4, 2016
Closed on
Apr 26, 2016
Sold by
Dale Family Llc
Bought by
Seidel Richard
Seller's Agent
Richard Farrington
Bluewater Real Estate - EI
Buyer's Agent
Mac Nelson
Advantage Coastal Properties
List Price
$650,000
Sold Price
$630,000
Premium/Discount to List
-$20,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$536,250
Interest Rate
3.59%

Purchase Details

Closed on
Aug 13, 2001
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Foster John E $1,501,000 None Listed On Document
Sisk David W $1,325,000 None Listed On Document
Sisk David W $1,325,000 None Listed On Document
Seidel Richard -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seidel Richard $536,250
Previous Owner Seidel Richard --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2024 02/26/24 Sold $1,501,000 +0.1% $1,276 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
02/10/2024 02/10/24 For Sale $1,500,000 +13.2% $1,276 / Sq Ft
09/15/2023 09/15/23 Sold $1,325,000 +20.5% $1,132 / Sq Ft View Prior Sale
08/25/2023 08/25/23 Pending -- -- --
08/22/2023 08/22/23 For Sale $1,100,000 +74.6% $940 / Sq Ft
04/26/2016 04/26/16 Sold $630,000 -3.1% $536 / Sq Ft View Prior Sale
03/01/2016 03/01/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $650,000 -- $553 / Sq Ft
Source: Hive MLS

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 $6,058 $1,598,080 $1,372,000 $226,080
2024 $4,344 $724,096 $645,150 $78,946
2023 $4,424 $724,096 $645,150 $78,946
2022 $4,164 $724,096 $645,150 $78,946
2021 $4,424 $738,816 $645,150 $93,666
2020 $4,404 $738,816 $645,150 $93,666
2019 $2,419 $775,334 $683,640 $91,694
2017 $2,419 $775,334 $683,640 $91,694
2016 $2,419 $775,334 $683,640 $91,694
2015 $2,341 $775,334 $683,640 $91,694
2014 $2,242 $742,287 $649,080 $93,207
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100426903

Hive MLS

APN: 5383.12.86.0462000

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