NOT LISTED FOR SALE

1407 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $1,645,000 - $1,742,000

4 Beds
2 Baths
1,658 Sq Ft
$1,026/Sq Ft Est. Value

Last Sold October 16, 2024

Last sale price $1,650,000 $995 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,410/month

10 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Deck
  • White Oak Elementary School Rated A-
  • Ocean Side of Freeway
  • Furnished

About This Home

As of October 2024

UNOBSTRUCTED OCEAN VIEWS FOR DAYS!Welcome to this beautiful, fully furnished 4 bedroom & 2 bath oceanfront retreat. The full concrete drive invites you to park underneath the living residence. Step up to the Westside entrance into a wonderfully open floorplan. This structure was torn down to the studs and refurbished into a stellar island getaway. With LVP flooring, hard surface counters, and lovely furnishing throughout... You only need to pack a bag and settle in.Whether indoors delighting in a delicious home-cooked meal, or out on the large sea side deck, or dipping your toes into the surf... Enjoy countless hours at the award-winning Emerald Isle beachfront. When the sun goes down, take advantage of any number of nearby attractions and area restaurants. Schedule your showing today so you too can own a piece of paradise.

Last Agent to Sell the Property

Tyler Marcell

Advantage Coastal Properties License #323198 Listed on: 09/06/2024

Last Buyer's Agent

Laina Collins

Emerald Isle Realty License #285246

Emerald Isle Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,830

Year Built

  • Built in 1974

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150x75150
  • Ocean Front
  • Property is zoned R2

Parking

  • On-Site Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,658 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Ocean Side of Freeway
  • Deck
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 632413047522000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,830

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1974
  • Trash Collection: City Pick-UP
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Furnished, Ceiling Fan(s)
  • Laundry Location: Closet
  • List Price per Sq Ft: 965.02
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Sq Ft Heated: 1658.00
  • Total Heated Primary Separate Sq Ft: 1658.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Fiber Cement
  • Exterior Structures: Covered Area, Shower
  • Fencing: None
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Covered, Patio, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Utilities: Municipal Water, Septic On Site
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Beach Access, Trash, No Amenities

Lot Info

  • Deed Page: 44.00
  • Lot Acres: 0.26
  • Lot Dimensions: 75x150x75150
  • Lot Sq Ft: 11326.00
  • Lot Water Features: Ocean Side
  • Zoning: R2
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 632413047522000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 3830.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Oct 10, 2024
Sold by
Aldridge Robert B and Aldridge Maria S
Bought by
Sherman Karen L
Seller's Agent
Tyler Marcell
Advantage Coastal Properties
Buyer's Agent
Laina Collins
Emerald Isle Realty
List Price
$1,599,999
Sold Price
$1,650,000
Premium/Discount to List
$50,001
3.13%
Views
30
Current Estimated Value
$1,701,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,686
Avg. Annual Appreciation
2.58%
Original Mortgage
$1,237,500
Outstanding Balance
$1,224,490
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$477,196

Purchase Details

Listed on
Jul 8, 2019
Closed on
Sep 27, 2020
Sold by
Switzer Frederick L and Switzer Lori A
Bought by
Aldridge Robert B and Aldridge Maria S
Seller's Agent
Margaret Nelson
Advantage Coastal Properties
Buyer's Agent
Margaret Nelson
Advantage Coastal Properties
List Price
$845,000
Sold Price
$800,000
Premium/Discount to List
-$45,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.62%
Original Mortgage
$380,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2020
Sold by
Switzer Frederick L and Switzer Lori A
Bought by
Switzer Frederick L and Switzer Lori A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sherman Karen L $1,650,000 None Listed On Document
Aldridge Robert B $800,000 None Available
Switzer Frederick L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Karen L $1,237,500
Previous Owner Aldridge Robert B $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2024 10/16/24 Sold $1,650,000 +3.1% $995 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $1,599,999 +100.0% $965 / Sq Ft
10/01/2020 10/01/20 Sold $800,000 -5.3% $491 / Sq Ft View Prior Sale
07/14/2020 07/14/20 Pending -- -- --
07/08/2019 07/08/19 For Sale $845,000 -- $519 / 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 $6,242 $1,650,290 $1,057,781 $592,509
2024 $4,213 $700,015 $571,200 $128,815
2023 $4,125 $700,015 $571,200 $128,815
2022 $4,035 $700,015 $571,200 $128,815
2021 $3,955 $700,015 $571,200 $128,815
2020 $3,945 $700,015 $571,200 $128,815
2019 $1,220 $388,654 $365,400 $23,254
2017 $1,508 $481,669 $365,400 $116,269
2016 $1,503 $481,669 $365,400 $116,269
2015 $1,466 $480,008 $365,400 $114,608
2014 $1,793 $588,894 $454,860 $134,034
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100464981

Hive MLS

APN: 6324.13.04.7522000