NOT LISTED FOR SALE

2203 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $2,575,000 - $3,440,278

0.46 Acre
$6,798,028 Price per Acre
20,038 Sq Ft Lot

Last Sold April 23, 2021

Last sale price $779,000 $515 Per Sq Ft

Est. 301% increase in value since last sale

Current estimated payment $17,535/month

45 Days on Market

Highlights

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

About This Lot

As of April 2021

Almost half an acre of direct oceanfront land on Emerald Isle. Cleared, graded and ready to build up to an 8 bedroom sand castle or full duplex with 4 bedrooms per side. This is a duplex sized lot with an existing septic tank, and it is the only ocean front lot available on Emerald isle that is not encumbered by an HOA. A local architect has custom plans for a exquisite 5 bedroom home with oceanfront pool and elevator in hand. (ask for details) Here is the opportunity you have been waiting for to have priceless and endless views of the Crystal Coast's aqua ocean waters.

Last Agent to Sell the Property

Haley Haynes

Bluewater Real Estate - EI License #239279 Listed on: 02/21/2021

Last Buyer's Agent

Natalie Steen

Realty World First Coast Rlty License #151374

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,850

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 75x272x75x274
  • 75 Feet of Waterfront
  • Open Lot
  • Dunes
  • Cleared Lot

Property Views

  • Water Views

Schools

  • Broad Creek Middle School
  • Croatan High School

Utilities

  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 631415635685000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Ocean Side of Freeway

Property Details

Property Type

Land

Est. Annual Taxes

$3,850

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 75
  • Water Frontage: 75.00

Utilities

  • Fuel Tank: None
  • Utilities: Municipal Water, Septic On Site

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Schools

  • School District: Carteret

Lot Info

  • Deed Book: 1639
  • Deed Page: 108.00
  • Lot Description: Dunes, Open
  • Lot Dimensions: 75x272x75x274
  • Lot Sq Ft: 20038.00
  • Lot Water Features: Ocean Side
  • Plat Book: 15
  • Plat Page: 74
  • Zoning: residential
  • Acres: 0.46
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 1780434.78
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared

Tax Info

  • Tax Identifier: 631415635685000
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 3849.73

MLS Schools

  • High School: Croatan
  • Middle School: Broad Creek
  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2024
Sold by
Whalen Michael and Whalen Rita
Bought by
Mrac-Ii Llc
Current Estimated Value
$3,127,093

Purchase Details

Listed on
Feb 21, 2021
Closed on
Apr 14, 2021
Sold by
Jaitly Rakesh and Jaitly Georgia B
Bought by
Whalen Michael and Whalen Rita
Seller's Agent
Haley Haynes
Bluewater Real Estate - EI
Buyer's Agent
Natalie Steen
Realty World First Coast Rlty
List Price
$850,000
Sold Price
$779,000
Premium/Discount to List
-$71,000
-8.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.37%

Purchase Details

Listed on
Mar 25, 2019
Closed on
May 17, 2019
Sold by
Sollenberger Nicholas B and Sollenberger Jeannie
Bought by
Jaitly Georgia B and Jaitly Rakesh
Seller's Agent
Martha Martin
Sun-Surf Realty
Buyer's Agent
Buy The Beach Re Carla Abee
Keller Williams Crystal Coast
List Price
$450,000
Sold Price
$501,000
Premium/Discount to List
$51,000
11.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.15%
Original Mortgage
$750,400
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 9, 2004

Purchase Details

Closed on
Aug 8, 2000

Purchase Details

Closed on
Sep 22, 1988
Source: Public Records

Range of Values:

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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
Mrac-Ii Llc -- None Listed On Document
Mrac-Ii Llc -- None Listed On Document
Whalen Michael $779,000 None Available
Jaitly Georgia B $50,000 None Available
-- $460,000 --
-- $289,000 --
-- $174,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jaitly Georgia B $750,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2021 04/23/21 Sold $779,000 -4.9% $515 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
04/01/2021 04/01/21 Price Changed $819,000 -3.5% $542 / Sq Ft
03/23/2021 03/23/21 Price Changed $849,000 -0.1% $562 / Sq Ft
03/23/2021 03/23/21 For Sale $850,000 0.0% $562 / Sq Ft
02/27/2021 02/27/21 Pending -- -- --
02/21/2021 02/21/21 For Sale $850,000 +69.7% $562 / Sq Ft
05/29/2019 05/29/19 Sold $501,000 +11.3% $366 / Sq Ft View Prior Sale
04/04/2019 04/04/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $450,000 -- $329 / 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 $11,473 $3,136,270 $1,116,844 $2,019,426
2024 $7,488 $1,300,836 $651,270 $649,566
2023 $3,648 $669,270 $651,270 $18,000
2022 $3,581 $669,270 $651,270 $18,000
2021 $0 $651,270 $651,270 $0
2020 $4,105 $730,425 $651,270 $79,155
2019 $1,687 $539,489 $416,621 $122,868
2017 $1,687 $539,489 $416,621 $122,868
2016 $1,686 $539,165 $416,621 $122,544
2015 $1,633 $539,165 $416,621 $122,544
2014 -- $655,908 $518,557 $137,351
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Haley Haynes

    Bluewater Real Estate - EI

    (910) 545-9632

    18 in this area

    74 Total Sales

    Haley Haynes
    Section Image

  • N

    Buyer's Agent in 2021

    Natalie Steen

    Realty World First Coast Rlty

  • Martha Martin

    Seller's Agent in 2019

    Martha Martin

    Sun-Surf Realty

    (252) 808-5356

    36 in this area

    67 Total Sales

    Martha Martin
    Section Image
  • Buy The Beach Re Carla Abee

    Buyer's Agent in 2019

    Buy The Beach Re Carla Abee

    Keller Williams Crystal Coast

    (252) 668-6808

    74 in this area

    200 Total Sales

    Buy The Beach Re Carla Abee
    Section Image
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Map

Source: Hive MLS

MLS Number: 100257733

Hive MLS

APN: 6314.15.63.5685000

North Carolina Carteret County Emerald Isle 28594

2203 Ocean Dr, Emerald Isle, NC

This home is located at 2203 Ocean Dr, Emerald Isle, NC 28594 since 21 February 2021 and is currently estimated at $3,127,093, approximately $2,068 per square foot. 2203 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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