NOT LISTED FOR SALE

4905 Ocean Dr Unit E&W Emerald Isle, NC 28594

Estimated Value: $986,000 - $1,938,000

8 Beds
4 Baths
2,336 Sq Ft
$633/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $940,000 $402 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $7,850/month

203 Days on Market

Highlights

  • Ocean Side of Freeway
  • Waterfront
  • Furnished
  • White Oak Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of October 2020

Full oceanfront duplex with connecting door. Awesome oceanfront views. Custom kitchens with maple cabinets, granite counter tops, stainless steel appliances,. Roof new in 2019. Excellent rental income. Spacious decks, nice boardwalk to the beach with dune deck. Conveys nicely furnished. Well maintained with past updates including new furniture, bathroom updates and flooring.

Last Agent to Sell the Property

Gail Weldon

Emerald Isle Realty License #187954 Listed on: 02/10/2020

Last Buyer's Agent

Heather Mloganoski

Weichert Realtors At Wave's Edge License #284894

Weichert Realtors At Wave's Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,320

Year Built

  • Built in 1973

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 73x241x75x240
  • Waterfront
  • Open Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 4 Bathrooms
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Water Views
  • Attic Access Panel

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl Plank

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Unpaved Parking

Outdoor Features

  • Ocean Side of Freeway
  • Deck
  • Porch

Schools

  • Broad Creek Middle School
  • Croatan High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 6304.19.71.2623000

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,320

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 2nd Floor
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s), Furnished, Wash/Dry Connect
  • Laundry Location: Hookup - Dryer, Hookup - Washer, Room
  • List Price per Sq Ft: 417.38
  • Total Bathrooms: 4.00
  • Number Bedrooms Total: 8
  • Total Heated Sq Ft: 2336.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes
  • Pool Spa: None

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Unpaved

Utilities

  • Appliances Equipment: Cooktop - Electric, Dishwasher, Dryer, Microwave - Built-In, Refrigerator, Washer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities
  • Property Mgmt Company: Yes

Lot Info

  • Deed Book: 1561
  • Deed Page: 416.00
  • Lot Acres: 0.41
  • Lot Description: Open
  • Lot Dimensions: 73x241x75x240
  • Lot Number: 5
  • Lot Sq Ft: 17990.00
  • Lot Water Features: Ocean Side
  • Plat Book: 9
  • Plat Page: 5
  • Zoning: residential

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Rental Info

  • Pets: Yes

Tax Info

  • Tax Identifier: 6304.19.71.2623000
  • Tax Year: 2019
  • Total City Real Estate Property Tax: 1809.73
  • Total Real Estate Property Taxes: 4320.20

Multi Family

  • Number Total Units: 2

MLS Schools

  • High School: Croatan
  • Middle School: Broad Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2021
Sold by
Channine Ventures Llc
Bought by
Chaanine Nabil and Chaanine Kristie
Total Days on Market
203
Current Estimated Value
$1,478,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$497,019
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$981,446

Purchase Details

Listed on
Feb 10, 2020
Closed on
Oct 14, 2020
Sold by
Der Voort Elizabeth F Van and Thomas L Van Der Voort Credit
Bought by
Chaanine Ventures Llc
Seller's Agent
Gail Weldon
Emerald Isle Realty
Buyer's Agent
Heather Mloganoski
Weichert Realtors At Wave's Edge
List Price
$975,000
Sold Price
$940,000
Premium/Discount to List
-$35,000
-3.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Original Mortgage
$705,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 28, 2016
Sold by
Voort Elizabeth F Van Deb
Bought by
Voort Elizabeth F Ca Der and The Thomas L Vander Voory Credit Shelter

Purchase Details

Closed on
Mar 24, 2009
Sold by
Vander Voort Thomas L and Van Der Voort Elizabeth F
Bought by
Vander Voort Thomas L and Van Der Voort Elizabeth F
Source: Public Records

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Range of Values:

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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
Chaanine Nabil -- None Available
Chaanine Ventures Llc $940,000 None Available
Voort Elizabeth F Ca Der -- None Available
Vander Voort Thomas L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaanine Nabil $548,250
Previous Owner Chaanine Ventures Llc $705,000
Previous Owner Vander Voort Thomas L $250,000
Previous Owner Vandervoort Thomas L $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $940,000 -3.6% $402 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $975,000 -- $417 / 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 $47 $795,567 $623,602 $171,965
2023 $4,916 $791,039 $623,602 $167,437
2022 $4,797 $791,039 $623,602 $167,437
2021 $4,698 $791,039 $623,602 $167,437
2020 $4,678 $791,039 $623,602 $167,437
2019 $2,510 $804,989 $615,060 $189,929
2017 $2,510 $804,989 $615,060 $189,929
2016 $2,510 $804,989 $615,060 $189,929
2015 $2,430 $804,989 $615,060 $189,929
2014 -- $781,667 $584,280 $197,387
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gail Weldon

    Emerald Isle Realty

  • Heather Mloganoski

    Buyer's Agent in 2020

    Heather Mloganoski

    Weichert Realtors At Wave's Edge

    (252) 732-4007

    3 in this area

    22 Total Sales

    Heather Mloganoski
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Map

Source: Hive MLS

MLS Number: 100203731

Hive MLS

APN: 6304.19.71.2623000

North Carolina Carteret County Emerald Isle 28594

4905 Ocean Dr Unit E&W, Emerald Isle, NC

This home is located at 4905 Ocean Dr Unit E&W, Emerald Isle, NC 28594 since 10 February 2020 and is currently estimated at $1,478,465, approximately $632 per square foot. This property was built in 1973. 4905 Ocean Dr Unit E&W is a home located in Carteret County with nearby schools including White Oak Elementary School, Broad Creek Middle School, and Croatan High School.

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