NOT LISTED FOR SALE

5411 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $1,617,383 - $2,591,000

7 Beds
4 Baths
2,600 Sq Ft
$760/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $855,000 $329 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $11,119/month

352 Days on Market

Highlights

  • Ocean Front
  • Second Kitchen
  • Deck
  • White Oak Elementary School Rated A-
  • Ocean Side of Freeway
  • Wood Flooring

About This Home

As of May 2017

Oceanfront cottage with great views, two living spaces and kitchens, 7 bedrooms, 4 full baths, updated kitchen, hardwood and tile floors, charming wood plank ceilings, nicely furnished and ready for the rental season. Located on a prime oceanfront lot with good dune structure and possibility of adding a pool. Good rental income history. Rent this welcoming cottage in the summer and enjoy yourself in the off season!

Last Agent to Sell the Property

Kitch Ayre

Kitch Ayre Real Estate License #165043 Listed on: 05/07/2016

Last Buyer's Agent

Phyllis Howard

Emerald Isle Realty License #139563

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 1972

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 75 x 200 x 75 x 200
  • Ocean Front

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Second Kitchen
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Unpaved Parking

Eco-Friendly Details

  • Energy-Efficient Doors

Outdoor Features

  • Ocean Side of Freeway
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6304.19.51.0120000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,400

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1972
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile, Wood
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: 1st Floor Master, Furnished, Ceiling Fan(s), 2nd Kitchen
  • Laundry Location: Closet
  • List Price per Sq Ft: 336.54
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 7
  • Number Rooms: 10
  • Sq Ft Heated: 2600.00
  • Total Heated Primary Separate Sq Ft: 2600.00

Exterior Features

  • Exterior Features: Thermal Doors
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Garage And Parking Other See Remarks: storage garage
  • Total Garage Spaces: 1.00
  • Parking Driveway: Unpaved

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Carteret-Craven EMC
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Water Heater: Electric

Association/Amenities

  • HOA: No

Schools

  • School District: Carteret

Lot Info

  • Deed Page: 298.00
  • Lot Acres: 0.34
  • Lot Dimensions: 75 X 200 X 75 X 200
  • Lot Sq Ft: 14985.00
  • Lot Water Features: Ocean Side
  • Plat Book: 31
  • Plat Page: 5
  • Zoning: Residential
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 6304.19.51.0120000
  • Tax Year: 2015
  • Total Real Estate Property Taxes: 4400.00

MLS Schools

  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2016
Closed on
May 11, 2017
Sold by
Piverone Properties Llc
Bought by
Speal Alexander J and Speal Jennifer L
Seller's Agent
Kitch Ayre
Kitch Ayre Real Estate
Buyer's Agent
Phyllis Howard
Emerald Isle Realty
List Price
$899,900
Sold Price
$855,000
Premium/Discount to List
-$44,900
-4.99%
Current Estimated Value
$1,977,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,122,096
Avg. Annual Appreciation
10.11%
Original Mortgage
$550,000
Interest Rate
3.07%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 17, 2006
Sold by
Zucchino Lawrence R
Bought by
Piverone Properties Llc

Purchase Details

Closed on
Dec 21, 2001
Source: Public Records

Range of Values:

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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
Speal Alexander J $855,000 None Available
Piverone Properties Llc -- None Available
-- $369,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Speal Alexander J $513,700
Closed Speal Alexander J $518,400
Closed Speal Alexander J $550,000
Previous Owner Zucchino Lawrence R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $855,000 -5.0% $329 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
05/07/2016 05/07/16 For Sale $899,900 -- $346 / 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 $5,157 $873,211 $680,542 $192,669
2023 $5,069 $873,211 $680,542 $192,669
2022 $4,962 $873,211 $680,542 $192,669
2021 $4,962 $873,211 $680,542 $192,669
2020 $4,854 $873,211 $680,542 $192,669
2019 $2,741 $879,370 $671,220 $208,150
2017 $2,747 $879,370 $671,220 $208,150
2016 $2,732 $876,414 $671,220 $205,194
2015 $2,644 $876,414 $671,220 $205,194
2014 $2,546 $843,747 $637,740 $206,007
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100011627

Hive MLS

APN: 6304.19.51.0120000