NOT LISTED FOR SALE

3801 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $1,841,000 - $4,083,000

5 Beds
6.5 Baths
4,883 Sq Ft
$621/Sq Ft Est. Value

Last Sold January 06, 2020

Last sale price $1,450,000 $297 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $17,020/month

38 Days on Market

Highlights

  • Ocean Front
  • Ocean Side of Freeway
  • Main Floor Primary Bedroom
  • White Oak Elementary School Rated A-
  • Vaulted Ceiling
  • No HOA

About This Home

As of January 2020

Come on all you Beach lovers check this dream home out! Ocean Views, your own beach access 5 Bedrooms 6 1/2 Baths ! Great Vacation Rental Income Opportunity! Let's make this one yours !

Last Agent to Sell the Property

Melinda Tyre

Melinda Tyre & Associates License #203664 Listed on: 09/24/2019

Last Buyer's Agent

Charles Egerton

RE/MAX Ocean Properties EI License #237574

RE/MAX Ocean Properties EI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,617

Year Built

  • Built in 2005

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 77x 235 x 76 x 237
  • Ocean Front
  • Property fronts a private road
  • Property fronts an alley

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 4,883 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Ocean Views
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6314.17.02.5490000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,617

Year Built

Built in 2005

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: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2005
  • Road Frontage Type: Ocean Front
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: 1
  • Heated Sq Ft: 4500 - 4999
  • Interior Amenities: 9Ft+ Ceilings, Smoke Detectors, Wet Bar, Walk-In Closet, Walk-in Shower, Elevator, Pantry, Gas Logs, Foyer, Blinds/Shades, Ceiling Fan(s), Ceiling - Vaulted
  • List Price per Sq Ft: 332.79
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Bedrooms: 5
  • Number Rooms: 10
  • Sq Ft Heated: 4883.00
  • Total Heated Primary Separate Sq Ft: 4883.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Composition
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Balcony, Porch, Covered
  • Road Type Frontage: Alley, Public (City/Cty/St), Private, Paved, Not Maintained, No Frontage, Maintained
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Water Available

Association/Amenities

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

Lot Info

  • Deed Page: 1360.00
  • Lot Acres: 0.41
  • Lot Dimensions: 77x 235 X 76 x 237
  • Lot Sq Ft: 17685.00
  • Lot Water Features: Ocean Side
  • Plat Book: 8
  • Plat Page: 39
  • Special Assessments: None Known
  • Zoning: Residential
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 6314.17.02.5490000
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2019
Closed on
Jan 2, 2020
Sold by
Regions Bank
Bought by
Ankeny Park Co Op Inc
Seller's Agent
Melinda Tyre
Melinda Tyre & Associates
Buyer's Agent
Charles Egerton
RE/MAX Ocean Properties EI
List Price
$1,625,000
Sold Price
$1,450,000
Premium/Discount to List
-$175,000
-10.77%
Current Estimated Value
$3,030,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,580,616
Avg. Annual Appreciation
15.02%
Original Mortgage
$942,500
Outstanding Balance
$839,830
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$2,365,474

Purchase Details

Closed on
Feb 27, 2019
Sold by
Dunn Billy R and Dunn Valerie
Bought by
Regions Bank

Purchase Details

Closed on
Nov 29, 2010
Sold by
P & B Enterprises Of Eastern Carolina Ll
Bought by
Dunn Billy R and Dunn Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,260,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2005
Sold by
Bp2 Inc
Bought by
P & B Enterprises Of Eastern Carolina Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2004

Purchase Details

Closed on
Aug 13, 1999
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
Ankeny Park Co Op Inc $1,450,000 None Available
Regions Bank $1,700,000 None Available
Dunn Billy R -- None Available
P & B Enterprises Of Eastern Carolina Ll $2,595,000 None Available
-- $1,050,000 --
-- $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ankeny Park Co Op Inc $942,500
Previous Owner Dunn Billy R $2,260,000
Previous Owner P & B Enterprises Of Eastern Carolina Ll $2,000,000
Previous Owner P & B Enterprises Of Eastern Carolina Ll $335,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2020 01/06/20 Sold $1,450,000 -10.8% $297 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $1,625,000 -- $333 / 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 $7,617 $1,324,603 $693,135 $631,468
2023 $7,529 $1,324,603 $693,135 $631,468
2022 $7,377 $1,324,603 $693,135 $631,468
2021 $7,234 $1,324,603 $693,135 $631,468
2020 $7,224 $1,324,603 $693,135 $631,468
2019 $4,137 $1,329,695 $683,640 $646,055
2017 $4,137 $1,329,695 $683,640 $646,055
2016 $4,137 $1,329,695 $683,640 $646,055
2015 $4,004 $1,329,695 $683,640 $646,055
2014 $4,315 $1,433,373 $649,080 $784,293
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100185633

Hive MLS

APN: 6314.17.02.5490000