NOT LISTED FOR SALE

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

Emerald Isle Area

Estimated Value: $1,715,455

8 Beds
4 Baths
2,336 Sq Ft
$734/Sq Ft Est. Value

Sale Details

Date Sold: October 16, 2020

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

Est. 82% increase in value since last sale

Current estimated payment $9,957 / mo

203 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Furnished
  • Oceanside
  • Attic
  • 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: 03/31/2020

Last Buyer's Agent

Heather Mloganoski

Weichert Realtors At Wave's Edge License #284894

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,320

Year Built

  • Built in 1973

Lot Details

  • 17,990 Sq Ft Lot
  • Lot Dimensions are 73x241x75x240
  • Ocean Front
  • Property fronts a state road
  • Open Lot

Home Design

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

Interior Spaces

  • 8 Bedrooms
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Attic

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Driveway Spaces
  • Unpaved Parking

Outdoor Features

  • Oceanside
  • Deck
  • Porch

Schools

  • Broad Creek Middle School
  • Croatan High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Park Manager: Yes

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 6304.19.71.2623000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,320

Year Built

Built in 1973

Lot Details

0.41 Acres

Listing Details

  • Property Type: Residential Income
  • Secondary Subdivision: N/A
  • Year Built: 1973
  • Property Sub Type: Duplex
  • View: Ocean
  • Appliances: Electric Cooktop, Built-In Microwave, Washer, Refrigerator, Dryer, Dishwasher
  • Original List Price: 975000.00
  • Accessibility Features: None
  • Is New Construction?: No
  • Island Or Mainland: Island
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 417.38
  • Special Features: None

Interior Features

  • Basement: None
  • Dining Room Type: Combination, Kitchen
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Wash/Dry Connect, Ceiling Fan(s), Furnished, Blinds/Shades
  • Laundry Location: Hookup - Dryer, Hookup - Washer, Laundry Room
  • Stories: 2
  • Laundry Features: Dryer Hookup, Washer Hookup, Laundry Room
  • Total Bedrooms: 8
  • Has Fireplace?: No
  • Room Types: Dining Area
  • Bathrooms Total Source: MLS
  • Bathrooms Total Notational: 4.00
  • Attic Features: Access Only

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Roof: Shingle
  • Road Frontage Type: Oceanfront
  • Pool Features: None
  • Road Frontage Type: City Street, State Road
  • Waterfront?: Yes
  • Foundation Details: Other, Pilings
  • Patio And Porch Features: Deck, Porch
  • Pool Spa Features: None

Garage/Parking

  • Has Attached Garage?: No
  • Has Attached Garage?: No
  • Open Parking Spaces: 2
  • Parking Features: Unpaved
  • Driveway Spaces: 2

Utilities

  • Utilities: Water Available
  • Water Heater: Electric
  • Water Source: Public
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Fuel Tank Details: None
  • Sewer Provider: Septic Tank

Condo/Co-op/Association

  • Association Amenities: None
  • Has H O A?: No

Fee Information

  • Park Manager Name: Yes

Schools

  • High School: Croatan
  • Middle Or Junior School: Broad Creek

Lot Info

  • Deed Book: 1561
  • Deed Page: 416.00
  • Lot Number: 5
  • Zoning: residential
  • Lot Features: Open Lot, Ocean Side
  • Lot Size Acres: 0.41
  • Lot Size: 73x241x75x240
  • Lot Size Sq Ft: 17990.00
  • Purchase Contract Date: 2020-08-31
  • Parcel#: 6304.19.71.2623000
  • Cobra Zone Y N: No

Green Features

  • Green Building Verification Type: None

Tax Info

  • Tax Year: 2019
  • Total City Real Estate Property Tax: 1809.73
  • Tax Block: 5
  • Tax Book Number: 9
  • Tax Map Number: 63041971262300
  • Tax Other Assessment Amount Frequency: NA
  • Tax Amount: 4320.2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2021
Sold by
Bought by
Current Estimated Value
$1,715,455

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
$500,904
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$1,214,551

Purchase Details

Listed on
Mar 31, 2020
Closed on
Oct 14, 2020
Sold by
Bought by
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
10.93%
Original Mortgage
$705,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 28, 2016
Sold by
Bought by

Purchase Details

Closed on
Mar 24, 2009
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$940,000 None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $548,250
Previous Owner $705,000
Previous Owner $250,000
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,349 $1,680,744 $1,273,300 $407,444
2024 $4,734 $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

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Map

Source: Hive MLS

MLS Number: 100203731

Hive MLS

APN: 6304.19.71.2623000

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