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$1,195,000

Beds
3
Baths
3.5
sq ft
3,030

7308 Canal Drive, Emerald Isle, NC 28594

7308 Canal Drive

Emerald Isle, NC 28594

  • 16 days on market
SELLER IS OFFERING $7000.00 BUYER CONCESSION & $700.00 TOWARDS FIRST YEAR HOME WARRANTY OF BUYERS CHOICE. SELLER HAS AN ASSUMABLE VA MORTGAGE ON REMAINING BALANCE. MORTGAGE RATE IS BETWEEN 2 TO 3 PERCENT. BUYER WOULD NEED TO QAULIFY WITH LENDER. THIS WOULD BE IDEAL FOR A BUYER WHO IS USING CASH AND A LOAN. Vacation rental home opportunity! Come see this charming home in Archers Point, owned by only one previous owner. Constructed in 1999, this 3-bedroom, 3.5-bathroom residence is nestled on 1.19 acres along Archers Creek. The property boasts a welcoming living space and direct creek access for canoeing and kayaking. A recently updated back deck provides a perfect setting for relaxation and entertainment. More than a house, it's a retreat for savoring life on the Isle. The ground level features an expansive garage with ample storage and a distinct living area, complete with an open layout, kitchenette, and a full bathroom with a walk-in shower. A mini-split HVAC system ensures comfort for the living space and garage, making it ideal for guests. Outside, a covered patio and an outdoor shower with a dedicated hot water tank add to the amenities. The main floor houses the master suite with a generous bathroom, a half bath, a living room with a fireplace, formal sitting and dining rooms, a well-appointed kitchen with a nook, plus a laundry, mud room, and pantry. Upstairs, two bedrooms, a full bathroom, and an office await, with plenty of storage throughout. Hardwood floors grace the main level, excluding the wet areas. The kitchen features granite countertops, built-in oven and microwave, a double sink, and stainless-steel appliances. Elegant crown molding adorns the first and second floors, while large windows on the first floor offer abundant light and picturesque water views. This home's location is conveniently close to Emerald Isle's primary shopping and dining spots, as well as Bogue Pier. A public boat launch is also nearby, just off Emerald Drive. The washer, dryer, and black refrigerator in the laundry room are not included. The property is situated in an AE flood zone. The water depth at the dock's end ranges from 2 to 2.5 feet, subject to tidal changes. A separate living area on the ground level accounts for 644 of the total heated square footage. House has a line for hookup for propane but no tank on the property. Previous elevator on the property, space is still available if future owner would like to add one. Additional material facts on file for this property for review. Ask your agent for more information.

Details

Property type

Single Family Residence

Est. home value

$882,988

Lot size

1.19 acres

Price per sq ft

$395

Year built

1999

Annual property taxes

$2,225.91

Price History

02/15/2025
NorthCarolinaRegional

NorthCarolinaRegional #100489094

Listed
$1,195,000
-4.39%
12/07/2024
NorthCarolinaRegional

NorthCarolinaRegional #100451523

Removed
$1,249,900
09/06/2024
NorthCarolinaRegional

NorthCarolinaRegional #100451523

Price change
$1,249,900
-5.67%

Schools & Community

Elementary school: 

White Oak Elementary

Middle school: 

Broad Creek

High school: 

Croatan

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Freedom Mortgage Corp

Loan start date

May 2021

Original loan amount

$558,055

Est. remaining balance

$511,299

Interest rate

3.17%

Loan type

VA, 29 year

Seller

Charles A Clise Jr

Lender

Residential Mortgage Services

Loan start date

August 2020

Original loan amount

$562,000

Est. remaining balance

$507,387

Interest rate

3.13%

Loan type

VA, 30 year

Seller

Charles A Clise Jr

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/04/2025 at 12:30 AM

Listing updated: 02/27/2025 at 2:22 PM

Listed by: Tina Brannen, Thurlow and Bute Real Estate Phone #: (252) 515-2211

MLS: NorthCarolinaRegional #100489094

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