NOT LISTED FOR SALE

105 Shipwreck Ln Emerald Isle, NC 28594

Estimated Value: $1,908,000 - $2,366,000

4 Beds
9 Baths
3,990 Sq Ft
$526/Sq Ft Est. Value

Sale Details

Date Sold: November 16, 2022

Last sale price $1,650,000 $414 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $11,777 / mo

71 Days on Market

Highlights

  • Ocean View
  • Community Boat Dock
  • Ocean Side of Freeway
  • White Oak Elementary School Rated A-
  • In Ground Pool
  • 0.75 Acre Lot

About This Home

As of November 2022

What a fabulous property and investment opportunity! Style, Location and Comfort. This beautiful 3rd row, three story home with an ocean view is located on a high lot in the desirable ocean side community of Spinnaker's Reach on Emerald Isle. No flood insurance needed! Fabulous investment opportunity with the potential of earning up to 100k annually in rental income! The owners have meticulously maintained this home. Each bedroom has a private bath for added comfort. Oh and did I mention the improvements? Newer upgraded roof with weather shield 2018, newer windows, newer hurricane doors,newer paint, surround sound, newer smart TVs, new double unit HVAC 2022, new retaining wall 2022, newer stainless kitchen appliances, new stainless full size refrigerator for 1st floor wet bar...the list goes on. Not to mention beautifully furnished! Each floor has a private living space for expanded family activities and an elevator for easy access to all! Walk to the beach and return home to enjoy a dip in the pool or enjoy the top deck with an ocean view in front of you. This beautiful property will be sold furnished with a few exceptions. Either as an investment property or your permanent island residence, this home has it all. Come take a look!

Last Agent to Sell the Property

Terry Wade

Spinnaker's Reach License #308074 Listed on: 05/26/2022

Last Buyer's Agent

Bradberry Garner Real Estate

Keller Williams Crystal Coast License #C36137

Keller Williams Crystal Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,781

Year Built

  • Built in 2004

Lot Details

  • 32,670 Sq Ft Lot
  • Lot Dimensions are 85x255x170x314
  • Property fronts a private road
  • Fenced Yard
  • Vinyl Fence
  • Open Lot
  • Irrigation
  • Property is zoned R-15

HOA Fees

  • $54 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Membrane Roofing
  • Stick Built Home

Interior Spaces

  • 3,990 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Bar Fridge
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-in Shower

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Partially Finished Attic

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Wrap Around Porch
  • Open Patio
  • Outdoor Storage

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Programmable Thermostat
  • Electric Water Heater
  • Municipal Trash
  • On Site Septic
  • Septic Tank

Additional Features

  • Accessible Elevator Installed
  • ENERGY STAR/CFL/LED Lights

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 537316739812000

Community Details

Overview

  • Spinnakers Reach Subdivision
  • Maintained Community

Recreation

  • Community Boat Dock
  • Community Playground
  • Community Pool

Additional Features

  • Picnic Area
  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,781

Year Built

Built in 2004

Lot Details

0.75 Acres

HOA Fees

$54 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Bar Refrigerator, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Dryer, Dishwasher
  • Handicap Accessible: Elevator
  • List Priceper Sq Ft: 449.62
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 3780.88
  • Waterview: Yes
  • Year Built: 2004
  • Lot View Type: Ocean View, Water View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only, Floored - Partial
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP, Tile, Wood
  • Interior Amenities: 9Ft+ Ceilings, Reverse Floor Plan, Wet Bar, Walk-in Shower, Solid Surface, Smoke Detectors, Pantry, Elevator, Kitchen Island, Furnished, Blinds/Shades, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Closet, Hall
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bathrooms: 9.00
  • Bedrooms: 4
  • Sq Ft Heated: 3990.00
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Total Heated Primary Separate Sq Ft: 3990.00

Exterior Features

  • Exterior Features: Irrigation System, Outdoor Shower, Storm Doors, Security Lighting
  • Exterior Finish: Fiber Cement
  • Exterior Structures: Shower, Storage
  • Fencing: Back Yard, Vinyl
  • Foundation: Slab
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Wrap Around, Patio, Porch, Open, Covered, Deck
  • Road Type Frontage: Maintained, Private, Paved
  • Roof: Architectural Shingle, Membrane
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site, Paved

Utilities

  • Cooling System: Central, Zoned, Heat Pump
  • Fuel Tank: None
  • Heated Sq Ft: 3500 - 3999
  • Heating System: Heat Pump, Zoned
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Electric
  • Internet Service Provider: Spectrum
  • Heating System Fuel Source: Electric
  • Trash Collection: City Pick-UP

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Boat Dock, Street Lights, Picnic Area, Playground, Maint - Comm Areas, Maint - Roads, Community Pool
  • H O A Association Fee1 Year: 650.00
  • H O A H O A1 Mgmt Company: Spinnakers HOA

Fee Information

  • Home Warranty Termite: Termite Bond
  • Home Warranty Termite Company: Professional Pest
  • Home Warranty Termite Company Phone: 252 726-7174

Lot Info

  • Cobra Zone: No
  • Deed Page: 116.00
  • Lot Acres: 0.75
  • Lot Description: Open
  • Lot Dimensions: 85x255x170x314
  • Lot Number: 25
  • Lot Sq Ft: 32670.00
  • Lot Water Features: Ocean Side, Third Row
  • Zoning: R-15

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: LED Lighting, Prog Thermostats

Rental Info

  • Rental Income Gross Rental Income: 75500.00

Tax Info

  • Tax Identifier: 537316739812000
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2024
Sold by
Taber Robin Sazam and Taber Matthew Allison
Bought by
Tabers Castaway Llc
Current Estimated Value
$2,098,715

Purchase Details

Listed on
May 26, 2022
Closed on
Nov 8, 2022
Sold by
Delrossi Kenneth J and Delrossi Margaret M
Bought by
Sazama Taber Robin and Allison Taber Matthew
Seller's Agent
Terry Wade
Spinnaker's Reach
Buyer's Agent
Bradberry Garner Real Estate
Keller Williams Crystal Coast
List Price
$1,839,000
Sold Price
$1,650,000
Premium/Discount to List
-$189,000
-10.28%
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
7.09%
Original Mortgage
$1,135,848
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 12, 2015
Closed on
Jul 27, 2015
Sold by
Stefano Stephen F and Stefano Denise E
Bought by
Delrossi Kenneth J and Del Rossi Margaret M
Seller's Agent
Kitch Ayre
Kitch Ayre Real Estate
Buyer's Agent
Mac Nelson
Advantage Coastal Properties
List Price
$849,900
Sold Price
$815,000
Premium/Discount to List
-$34,900
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%
Original Mortgage
$194,250
Interest Rate
4.04%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 6, 2004

Purchase Details

Closed on
Oct 12, 2003

Purchase Details

Closed on
Aug 23, 1999
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Tabers Castaway Llc -- None Listed On Document
Sazama Taber Robin $1,650,000 --
Taber Robin Sazama $1,650,000 None Listed On Document
Delrossi Kenneth J $815,000 Attorney
-- $1,150,000 --
-- $220,000 --
-- $125,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Taber Robin Sazama $1,135,848
Previous Owner Delrossi Kenneth J $194,250
Previous Owner Delrossi Kenneth J $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2022 11/16/22 Sold $1,650,000 -8.0% $414 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
07/10/2022 07/10/22 Price Changed $1,794,000 -2.4% $450 / Sq Ft
06/01/2022 06/01/22 For Sale $1,839,000 +125.6% $461 / Sq Ft
07/28/2015 07/28/15 Sold $815,000 -4.1% $199 / Sq Ft View Prior Sale
05/09/2015 05/09/15 Pending -- -- --
04/12/2015 04/12/15 For Sale $849,900 -- $207 / 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 $6,358 $1,795,356 $514,069 $1,281,287
2024 $4,319 $776,471 $194,904 $581,567
2023 $4,046 $776,471 $194,904 $581,567
2022 $4,134 $776,471 $194,904 $581,567
2021 $4,134 $776,471 $194,904 $581,567
2020 $4,036 $776,471 $194,904 $581,567
2019 $2,479 $794,761 $194,904 $599,857
2017 $2,479 $794,761 $194,904 $599,857
2016 $2,479 $794,761 $194,904 $599,857
2015 $2,399 $794,761 $194,904 $599,857
2014 $2,692 $892,461 $196,995 $695,466
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100330054

Hive MLS

APN: 5373.16.73.9812000

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