NOT LISTED FOR SALE

105 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $1,071,000 - $1,665,000

5 Beds
4 Baths
1,636 Sq Ft
$845/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $750,000 $458 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $7,538/month

9 Days on Market

Highlights

  • Ocean Front
  • Second Kitchen
  • Deck
  • White Oak Elementary School Rated A-
  • Ocean Side of Freeway
  • Main Floor Primary Bedroom

About This Home

As of August 2018

This is a true Emerald Isle Oceanfront Classic Cottage that has kept the inviting old charm from the 50's, while updating everything to today's modern expectations. Upstairs has 4 bedrooms, 2 baths (2 BR and 1 bath per side) with about $70,000 in vacation rental income. Downstairs is a bonus that has allowed owner to rent weekly in past years, rent monthly, or be used by the owner and friends. The rental potential and investment is super! Large decking areas and beautiful ocean views for all three living areas and a fenced patio area off downstairs living area. 2 new coastal central heat/air units were installed 3/2018. The owner has updated a lot since she bought it. Call today so you don't miss this opportunity!Motivated seller!

Last Agent to Sell the Property

Cathy Sheaffer

Bluewater Real Estate - EI License #174253 Listed on: 06/20/2018

Co-Listed By

Richard Farrington III

Bluewater Real Estate - EI License #303940

Last Buyer's Agent

Joanna Scales

Sun-Surf Realty License #108876

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,524

Year Built

  • Built in 1958

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75 x 150
  • Ocean Front
  • Street terminates at a dead end
  • Irrigation

Parking

  • On-Site Parking

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Asbestos Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,636 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Partial Basement
  • Fire and Smoke Detector

Kitchen

  • Second Kitchen
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Bedroom Suite
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Ocean Side of Freeway
  • Deck
  • Open Patio

Utilities

  • Central Air
  • Heat Pump System
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7-9
  • Assessor Parcel Number 632412758937000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,524

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Block, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1958
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Laminate
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 2nd Kitchen, Smoke Detectors, Furnished, Ceiling Fan(s), Blinds/Shades, Apt/Suite
  • Laundry Location: Room
  • List Price per Sq Ft: 473.66
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 5
  • Number Rooms: 15
  • Dining Room Level: Upper
  • Kitchen Level: Upper
  • Living Room Level: Upper
  • Other Level: Ground
  • Additional Living Spaces with Separate Entrance Description: 5 rooms enclosed
  • Sq Ft Heated: 1636.00
  • Total Heated Primary Separate Sq Ft: 1636.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Asbestos, Fiber Cement
  • Fencing: Partial
  • Foundation: Block, Pilings
  • Porch Balcony Deck: Deck, Open, Patio
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Cooktop - Electric, Refrigerator, Washer, Microwave - Built-In, Dryer, Dishwasher
  • Cooling System: Central, See Remarks
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump, Other-See Remarks
  • Utilities: Septic On Site

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 333.00
  • Lot Acres: 0.26
  • Lot Description: Dead End
  • Lot Dimensions: 75 x 150
  • Lot Number: 7-9
  • Lot Sq Ft: 11326.00
  • Lot Water Features: Ocean Side
  • Zoning: Residential
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 632412758937000
  • Tax Year: 2017
  • Total City Real Estate Property Tax: 968.98
  • Total Real Estate Property Taxes: 2524.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2018
Closed on
Aug 7, 2018
Sold by
Faulkner Evelyn Allison
Bought by
Byrd David E and Storie Mark
Seller's Agent
Cathy Sheaffer
Bluewater Real Estate - EI
Buyer's Agent
Joanna Scales
Sun-Surf Realty
List Price
$774,900
Sold Price
$750,000
Premium/Discount to List
-$24,900
-3.21%
Current Estimated Value
$1,382,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$632,644
Avg. Annual Appreciation
10.47%
Original Mortgage
$600,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 5, 2012
Closed on
Sep 14, 2012
Sold by
105 Ocean Llc
Bought by
105 Ocean Drive Llc
Seller's Agent
Emma Singleton
Emerald Isle Realty
Buyer's Agent
Emma Singleton
Emerald Isle Realty
List Price
$450,000
Sold Price
$500,000
Premium/Discount to List
$50,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$290,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2004

Purchase Details

Closed on
Sep 12, 2003
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
Byrd David E $750,000 None Available
105 Ocean Drive Llc $500,000 None Available
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Storie Mark A $540,000
Closed Byrd David E $600,000
Previous Owner Fauilker Evelyn Alliosn $200,000
Previous Owner 105 Ocean Drive Llc $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2018 08/10/18 Sold $750,000 -3.2% $458 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $774,900 +55.0% $474 / Sq Ft
10/11/2012 10/11/12 Sold $500,000 +11.1% $313 / Sq Ft
06/18/2012 06/18/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $450,000 -- $282 / 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
2024 $49 $708,285 $571,200 $137,085
2023 $4,465 $708,285 $571,200 $137,085
2022 $4,354 $708,285 $571,200 $137,085
2021 $4,396 $682,985 $571,200 $111,785
2020 $4,366 $682,985 $571,200 $111,785
2019 $1,555 $496,912 $365,400 $131,512
2017 $1,555 $496,912 $365,400 $131,512
2016 $1,555 $496,912 $365,400 $131,512
2015 $1,506 $496,912 $365,400 $131,512
2014 $1,831 $605,204 $454,860 $150,344
Source: Public Records

Agents Affiliated with this Home

  • Cathy Sheaffer

    Seller's Agent in 2018

    Cathy Sheaffer

    Bluewater Real Estate - EI

    (252) 622-7500

    15 in this area

    28 Total Sales

    Section Image

  • R

    Seller Co-Listing Agent in 2018

    Richard Farrington III

    Bluewater Real Estate - EI

    (252) 876-2595

    21 in this area

    45 Total Sales

    Section Image

  • J

    Buyer's Agent in 2018

    Joanna Scales

    Sun-Surf Realty

  • Emma Singleton

    Seller's Agent in 2012

    Emma Singleton

    Emerald Isle Realty

    (252) 646-3399

    73 in this area

    105 Total Sales

    Section Image
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Map

Source: Hive MLS

MLS Number: 100121975

Hive MLS

APN: 6324.12.75.8937000

North Carolina Carteret County Emerald Isle 28594

105 Ocean Dr, Emerald Isle, NC

This home is located at 105 Ocean Dr, Emerald Isle, NC 28594 since 20 June 2018 and is currently estimated at $1,382,644, approximately $845 per square foot. This property was built in 1958. 105 Ocean Dr 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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