NOT LISTED FOR SALE

4701 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $3,630,422 - $5,473,000

8 Beds
11.5 Baths
7,819 Sq Ft
$571/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $3,700,000 $473 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $26,176/month

10 Days on Market

Highlights

  • Home Theater
  • In Ground Pool
  • Ocean Side of Freeway
  • White Oak Elementary School Rated A-
  • Sauna
  • Waterfront

About This Home

As of October 2022

Amazing, yes. Beautiful, yes. But words don't do it justice. Come see this incredible home with panoramic views of the beaches of the Crystal Coast and the mighty Atlantic Ocean. Walk in and go down to the expansive tiled ground floor game room, full bath, 12 seat media room, bar sink with granite, cabinets, and ice maker and view of the pool. Glass doors lead to the inviting pool and hot tub (2021). Or go up to the main living area where the first thing you notice are the wall of windows that bring the ocean to you. The sitting area has a gas log fireplace, TV and comfy couches. The well appointed kitchen with it's 2 huge Sub Zero refrigerators/freezers(2017), 2 dishwashers and plenty of granite counter space is open to friends and family. There is also a 1/2 bath and a roomy office as well as 2 additional rooms. The main laundry room is also on this floor with 2 washers and dryers. Go up another level to 4 ocean front master suites and 2 other en suite bedrooms, additional laundry room and a lovely sitting area for gazing out to the ever changing tides. Up one more floor is the exercise room where you can work out to the views of the ocean. There is also a sauna and two more bedrooms, one with it's own bath. All floors are accessed by an elevator.From the front steps and porch, to the decks and the walk way to the beach is Duxxbak no drip decking so underneath stays dry and vinyl rails so you won't have to worry about replacement any time soon. There is a large inviting swimming pool for relaxation time! This home is a very good rental with over $345K YTD 2022. It is also easy to hop onto the bike path that runs the length of Emerald Isle or go to the town park and launch a kayak. Easy access to shopping, restaurants, and entertainment. Don't miss out on this special house!!!

Last Agent to Sell the Property

Kathy Perry

Emerald Isle Realty License #223808 Listed on: 08/18/2022

Emerald Isle Realty

Last Buyer's Agent

Kathy Perry

Bluewater Real Estate CC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,488

Year Built

  • Built in 2006

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 75 x 240
  • Waterfront

Home Design

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

Interior Spaces

  • 7,819 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Shutters
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Theater
  • Sauna
  • Partial Basement

Kitchen

  • Built-In Double Oven
  • Gas Cooktop
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Driveway

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Ocean Side of Freeway
  • Deck
  • Porch

Schools

  • White Oak Elementary School
  • Broad Creek Middle School
  • Croatan High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 630420719801000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,488

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Agreement Service: Full Service
  • Agreement Type: Exclusive Right to Sell
  • Appliances Equipment: Cooktop - Gas, Dishwasher, Double Oven, Dryer, Ice Maker, Microwave - Built-In, Refrigerator, Vent Hood, Wall Oven, Washer
  • Appointment Center Phone: 252-633-3088
  • Auction: No
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central, Heat Pump, Zoned
  • Deed Book: 1524
  • Deed Page: 219.00
  • Directions To Property: Emerald Drive to R on Edna, L on Ocean, house on right.
  • Document Count: 8
  • Elementary School: White Oak Elementary
  • Federal Flood Ins Avlbl: Yes
  • Fencing: Partial
  • Fireplace: 1
  • Foundation: Slab
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Handicap Accessible: Elevator
  • High School: Croatan
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100345807
  • List Priceper Sq Ft: 485.87
  • Location Type: Island
  • Lot Acres: 0.41
  • Lot Dimensions: 75 X 240
  • Lot Sq Ft: 7819.00
  • Lot Water Features: Ocean Side
  • Marketing City: Emerald Isle
  • Middle School: Broad Creek
  • M L S Approved: Y
  • New Construction: No
  • Office Exclusive: No
  • Porch Balcony Deck: Deck, Porch
  • Post Closing Seller Concessions: No
  • Prospect Exempt: No
  • Road Type Frontage: Paved
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Carteret-Craven EMC
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Sign On Property: Yes
  • Sq Ft Heated: 7819.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 4.0
  • Stories Levels: 3 Story or More
  • Subdivision: Not In Subdivision
  • Tax Identifier: 630420719801000
  • Tax Year: 2021
  • Terms: Cash, Conventional
  • Total City Real Estate Property Tax: 2801.33
  • Total Real Estate Property Taxes: 9488.36
  • Total Heated Primary Separate Sq Ft: 7819.00
  • Water Heater: Electric
  • Year Built: 2006
  • Zoning: Residential
  • E M D Trust Account: No
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: 9Ft+ Ceilings, Blinds/Shades, Ceiling Fan(s), Elevator, Foyer, Furnished, Gas Logs, Home Theater, Kitchen Island, Pantry, Sauna, Smoke Detectors, Solid Surface, Walk-in Shower, Walk-In Closet, Wet Bar, Whirlpool
  • Laundry Location: Room
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 11
  • Half Bathrooms: 1
  • Total Bathrooms: 12.00
  • Bedrooms: 8
  • Furnished: Furnished

Exterior Features

  • Exterior Features: Gas Logs, Outdoor Shower, Shutters - Board/Hurricane, Shutters - Functional, Thermal Windows
  • Exterior Finish: Fiber Cement
  • Exterior Structures: Shower
  • On Site Pool Spa: Hot Tub, In Ground
  • Roof: Metal
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Heated Sq Ft: 7500 - 7999
  • Heating System: Fireplace(s), Heat Pump, Zoned
  • Utilities: Municipal Water, Septic On Site
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Dec 11, 2022
Sold by
4701 Ocean Drive Llc
Bought by
Osterhoudt Marcus C and Osterhoudt Rhonda M
Seller's Agent
Kathy Perry
Emerald Isle Realty
Buyer's Agent
Kathy Perry
Bluewater Real Estate CC
List Price
$3,799,000
Sold Price
$3,700,000
Premium/Discount to List
-$99,000
-2.61%
Views
75
Current Estimated Value
$4,829,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,129,014
Avg. Annual Appreciation
6.04%
Original Mortgage
$3,700,000
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2022
Closed on
Oct 25, 2022
Sold by
Hude Justin and Hude Renu
Bought by
4701 Ocean Drive Llc
Seller's Agent
Kathy Perry
Emerald Isle Realty
Buyer's Agent
Kathy Perry
Bluewater Real Estate CC
List Price
$3,799,000
Sold Price
$3,700,000
Premium/Discount to List
-$99,000
-2.61%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,700,000
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2014
Closed on
Oct 27, 2015
Sold by
Katz Ryan D and Katz Amy K
Bought by
Hurie Justin and Syal Renu
Seller's Agent
Kitch Ayre
Kitch Ayre Real Estate
Buyer's Agent
Kathy Perry
Bluewater Real Estate CC
List Price
$2,699,000
Sold Price
$1,725,000
Premium/Discount to List
-$974,000
-36.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%
Original Mortgage
$1,207,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2008
Sold by
Lesher Mary C and Lesher Michael
Bought by
Katz Ryan D and Katz Amy J

Purchase Details

Closed on
Jul 16, 2003
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

Date Buyer Sale Price Title Company
Osterhoudt Marcus C -- --
Osterhoudt Marcus C -- None Listed On Document
4701 Ocean Drive Llc $3,700,000 --
Hurie Justin $1,725,000 Attorney
Katz Ryan D $2,800,000 None Available
-- $592,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 4701 Ocean Drive Llc $3,700,000
Previous Owner Hurie Justin $1,207,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2022 10/28/22 Sold $3,700,000 -2.6% $473 / Sq Ft
08/28/2022 08/28/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $3,799,000 +120.2% $486 / Sq Ft
10/30/2015 10/30/15 Sold $1,725,000 -36.1% $223 / Sq Ft View Prior Sale
09/21/2015 09/21/15 Pending -- -- --
07/16/2014 07/16/14 For Sale $2,699,000 -- $349 / 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 $14,103 $3,883,635 $1,274,200 $2,609,435
2024 $10,248 $1,807,307 $693,135 $1,114,172
2023 $10,160 $1,807,307 $693,135 $1,114,172
2022 $9,959 $1,807,307 $693,135 $1,114,172
2021 $9,768 $1,807,307 $693,135 $1,114,172
2020 $9,758 $1,807,307 $693,135 $1,114,172
2019 $5,749 $1,849,808 $683,640 $1,166,168
2017 $5,749 $1,849,808 $683,640 $1,166,168
2016 $5,749 $1,849,808 $683,640 $1,166,168
2015 $5,564 $1,849,808 $683,640 $1,166,168
2014 -- $2,011,639 $649,080 $1,362,559
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100345807

Hive MLS

APN: 6304.20.71.9801000