NOT LISTED FOR SALE

5214 Driftwood Ln Morehead City, NC 28557

Estimated Value: $2,627,000 - $2,744,000

4 Beds
4.5 Baths
5,157 Sq Ft
$520/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $2,550,000 $494 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $15,169/month

1 Day on Market

Highlights

  • Boat Dock
  • Boat Lift
  • Gated Community
  • Morehead City Primary School Rated A-
  • Boat Slip
  • Home fronts a canal

About This Home

As of June 2024

Welcome to 5214 Driftwood Lane!Beautiful waterfront property on deepwater in the sought after Spooners Creek S development. Eddie Cameron Construction with a 16,000 lb boat lift.Home comes fully furnished, with custom countertops, and state fo the art appliances.Host parties with the stunning full-service bar.Large Mastersuite on the first floor, with access to the expansive deck overlooking the waterway, along with two walk-in closets. Upstairs has 4 bedrooms total, one of which converted to a bonus room, along with an additional living area fully equipped with dishwasher and refrigerator. This sanctuary is truly one of a kind!Check out this home today!!

Last Agent to Sell the Property

Ryan Ayre

Landmark Sotheby's International Realty License #295639 Listed on: 06/07/2024

Landmark Sotheby's International Realty

Last Buyer's Agent

Ryan Ayre

Landmark Sotheby's International Realty License #295639 Listed on: 06/07/2024

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,609

Year Built

  • Built in 2015

Lot Details

  • 0.51 Acre Lot
  • Home fronts a canal
  • Property fronts a private road
  • Property is zoned PD

HOA Fees

  • $58 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stone Siding
  • Stick Built Home
  • Synthetic Stucco Exterior

Interior Spaces

  • 5,157 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Canal Views
  • Crawl Space
  • Solid Surface Countertops

Bedrooms and Bathrooms

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

Parking

  • 2 Car Attached Garage
  • Lighted Parking
  • Driveway

Outdoor Features

  • Bulkhead
  • Boat Lift
  • Boat Slip
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Whole House Permanent Generator
  • Natural Gas Connected
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 636613034018000

Community Details

Overview

  • South Spooners Association
  • Spooners Creek S Subdivision
  • Maintained Community

Recreation

  • Boat Dock

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,609

Year Built

Built in 2015

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Both Stk Blt & Mod
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2015
  • Trash Collection: City Pick-UP
  • Road Frontage Type: Canal Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Formal, Kitchen
  • Fireplace: 2
  • Heated Sq Ft: 5000 - 5499
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Blinds/Shades, Ceiling - Vaulted, Ceiling Fan(s), Foyer, Furnished, Gas Logs, Solid Surface, Walk-in Shower, Walk-In Closet, Wet Bar, Whole-Home Generator
  • List Price per Sq Ft: 504.17
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 4
  • Sq Ft Heated: 5157.00
  • Total Heated Primary Separate Sq Ft: 5157.00

Exterior Features

  • Exterior Finish: Stone, Synthetic Stucco
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Deck, Open, Porch
  • Road Type Frontage: Maintained, Paved, Private
  • Roof: Composition, Shingle
  • Waterfront: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Lighted, On Site, Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water, Natural Gas Connected
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Gated, Maint - Comm Areas, Maint - Roads
  • HOAAssociationFee1Year: 700.00
  • HOAAssociationName: South Spooners

Lot Info

  • Deed Page: 11.00
  • Lot Acres: 0.51
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 22216.00
  • Lot Water Features: Boat Dock, Boat Lift, Boat Slip, Bulkhead, Waterfront Comm
  • Zoning: PD
  • Lot View Type: Canal View, Water View

Tax Info

  • Tax Identifier: 636613034018000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 11608.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jun 11, 2024
Sold by
Norris Larry and Norris Renee
Bought by
Steg James and Steg Lesley
Seller's Agent
Ryan Ayre
Landmark Sotheby's International Realty
Buyer's Agent
Ryan Ayre
Landmark Sotheby's International Realty
List Price
$2,600,000
Sold Price
$2,550,000
Premium/Discount to List
-$50,000
-1.92%
Views
6
Current Estimated Value
$2,681,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,557
Avg. Annual Appreciation
3.74%

Purchase Details

Listed on
Jan 18, 2023
Closed on
Feb 2, 2023
Sold by
Maurice Iudicone Revocable Trust
Bought by
Norris Larry and Norris Renee
Seller's Agent
Mary Cheatham King
Keller Williams Crystal Coast
Buyer's Agent
Michelle Briese
Coldwell Banker Sea Coast Advantage
List Price
$2,195,000
Sold Price
$1,975,000
Premium/Discount to List
-$220,000
-10.02%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.18%

Purchase Details

Listed on
Apr 29, 2020
Closed on
Dec 5, 2020
Sold by
Hamilton Larry E and Hamilton Carole I
Bought by
Indicone Maurice and Indicone Sarah
Seller's Agent
Mary Cheatham King
Keller Williams Crystal Coast
Buyer's Agent
Mary Cheatham King
Keller Williams Crystal Coast
List Price
$1,850,000
Sold Price
$1,600,000
Premium/Discount to List
-$250,000
-13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%

Purchase Details

Closed on
May 3, 2018
Sold by
Edward Beasley
Bought by
Hamilton Larry and Hamilton Carole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
4.55%

Purchase Details

Closed on
Jun 26, 2012
Sold by
Narron Real Estate Holdings Inc
Bought by
Bagley Lt and Bagley Nancy J

Purchase Details

Closed on
Mar 4, 2011
Sold by
Bagley I T and Bagley Nancy J
Bought by
Narron Real Estate Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
4.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 9, 2010
Sold by
Buck Kenneth Michael and Buck Cynthia B
Bought by
Bagley L T and Bagley Nancy J
Source: Public Records

Range of Values:

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Average Value
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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
Steg James $2,550,000 None Listed On Document
Steg James $2,550,000 None Listed On Document
Norris Larry $1,975,000 --
Norris Larry $1,975,000 None Listed On Document
Indicone Maurice $1,600,000 None Available
Hamilton Larry -- --
Bagley Lt $50,000 None Available
Narron Real Estate Holdings Inc $461,000 None Available
Bagley L T $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hamilton Larry $630,000
Previous Owner Hamilton Larry --
Previous Owner Narron Real Estate Holdings Inc $436,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2024 06/14/24 Sold $2,550,000 -1.9% $494 / Sq Ft
06/08/2024 06/08/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $2,600,000 +31.6% $504 / Sq Ft
02/13/2023 02/13/23 Sold $1,975,000 -10.0% $383 / Sq Ft View Prior Sale
01/29/2023 01/29/23 Pending -- -- --
01/23/2023 01/23/23 For Sale $2,195,000 +37.2% $426 / Sq Ft
12/14/2020 12/14/20 Sold $1,600,000 -13.5% $310 / Sq Ft View Prior Sale
11/22/2020 11/22/20 Pending -- -- --
04/29/2020 04/29/20 For Sale $1,850,000 +333.8% $359 / Sq Ft
04/03/2014 04/03/14 Sold $426,500 -5.0% $20 / Sq Ft View Prior Sale
01/12/2014 01/12/14 Pending -- -- --
12/19/2013 12/19/13 For Sale $449,000 -- $21 / 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 $12,895 $2,255,059 $1,040,700 $1,214,359
2024 $12,175 $1,610,232 $389,553 $1,220,679
2023 $5,490 $1,610,232 $389,553 $1,220,679
2022 $5,329 $1,610,232 $389,553 $1,220,679
2021 $0 $1,610,232 $389,553 $1,220,679
2020 $5,329 $1,610,232 $389,553 $1,220,679
2019 $5,093 $1,637,911 $389,553 $1,248,358
2017 $5,155 $1,657,911 $389,553 $1,268,358
2016 $5,155 $1,657,911 $389,553 $1,268,358
2015 $1,298 $427,672 $389,553 $38,119
2014 -- $379,024 $343,502 $35,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100449226

Hive MLS

APN: 6366.13.03.4018000