NOT LISTED FOR SALE

5308 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $836,000 - $1,248,516

4 Beds
3 Baths
1,950 Sq Ft
$518/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $430,000 $221 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $5,761/month

8 Days on Market

Highlights

  • Ocean View
  • Second Kitchen
  • Furnished
  • White Oak Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of March 2017

Priced more than $86K below Tax Value, this ocean view, full duplex will surprise you being in a prime 2nd row location and having both exceptional views and privacy. Being set on a high bluff outside flood plain, there are no flood insurance premiums to worry about, a big savings! Set up as a duplex w/separate entrances, kitchens, bedrooms and baths, this one level, 4 bedroom/3 bath property has a nice open layout. Very quick and easy beach access is at the end of the drive a few houses away. Offered furnished, with few exceptions, this well maintained, turn-key property has given generations of the Sellers' family years of fun memories!

Last Agent to Sell the Property

Donald Whiteside

Emerald Isle Realty License #172902 Listed on: 02/05/2017

Last Buyer's Agent

Jimmy Paylor

RE/MAX Ocean Properties License #264290

RE/MAX Ocean Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $38

Year Built

  • Built in 1973

Lot Details

  • Lot Dimensions are 75 x 190 x 75 x 190

Parking

  • Unpaved Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,950 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Second Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

Outdoor Features

  • Outdoor Shower
  • Deck
  • Open Patio

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 630419516534000

Community Details

Overview

  • No Home Owners Association
  • Emerald Isle By The Sea Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$38

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: 2nd Kitchen, Smoke Detectors, Furnished, Blinds/Shades
  • List Price per Sq Ft: 230.77
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 9
  • Sq Ft Heated: 1950.00
  • Total Heated Primary Separate Sq Ft: 1950.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck, Open
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Unpaved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Carteret-Craven EMC
  • Service Providers Water Provider: Bogue Banks Water Corp
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 124.00
  • Lot Acres: 0.34
  • Lot Dimensions: 75 X 190 X 75 X 190
  • Lot Sq Ft: 14985.00
  • Lot Water Features: Second Row
  • Plat Book: 5
  • Plat Page: 18
  • Zoning: R-1
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 630419516534000
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2021
Sold by
Mead Matthew James and Mead Danielle T
Bought by
Mead Mitzi and Smith William A
Current Estimated Value
$1,056,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Outstanding Balance
$457,602
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$591,052

Purchase Details

Closed on
Nov 26, 2019
Sold by
Mead Matthew James and Mead Danielle T
Bought by
Mead Matthew James and Mead Danielle T

Purchase Details

Listed on
Feb 5, 2017
Closed on
Mar 24, 2017
Sold by
Butner Diana Wellons and Wellons Sarah Lynn
Bought by
Mead Matthew James and Mead Danielle T
Seller's Agent
Donald Whiteside
Emerald Isle Realty
Buyer's Agent
Jimmy Paylor
RE/MAX Ocean Properties
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%
Original Mortgage
$387,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2016
Sold by
Howard Mackey Wellons Irrevocable Granto and Wellons Douglas B
Bought by
Wellons Howard Mackey

Purchase Details

Closed on
Jun 5, 2013
Sold by
Wellons Douglas Brockman and Wellons Emelyne Chesson
Bought by
Howard Mackey Wellons Irrevocable Granto
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mead Mitzi -- None Available
Mead Matthew James -- None Available
Mead Matthew James $430,000 None Available
Wellons Howard Mackey -- Attorney
Howard Mackey Wellons Irrevocable Granto -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mead Mitzi $504,000
Closed Mead Matthew James $387,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Sold $430,000 -4.4% $221 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
02/05/2017 02/05/17 For Sale $450,000 -- $231 / 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 $38 $674,968 $503,415 $171,553
2023 $4,014 $674,968 $503,415 $171,553
2022 $3,906 $674,968 $503,415 $171,553
2021 $3,819 $674,968 $503,415 $171,553
2020 $3,799 $674,968 $503,415 $171,553
2019 $1,678 $536,375 $344,932 $191,443
2017 $1,678 $536,375 $344,932 $191,443
2016 $1,678 $536,375 $344,932 $191,443
2015 $1,624 $536,375 $344,932 $191,443
2014 $1,549 $511,403 $327,727 $183,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100046932

Hive MLS

APN: 6304.19.51.6534000