NOT LISTED FOR SALE

5415 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $1,217,000 - $4,768,000

0.34 Acre
$9,119,924 Price per Acre
14,810 Sq Ft Lot

Last Sold September 30, 2020

Last sale price $800,000

Est. 288% increase in value since last sale

Current estimated payment $17,432/month

375 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Ocean View
  • Open Lot
  • White Oak Elementary School Rated A-
  • No HOA
  • Lot Has A Rolling Slope

About This Lot

As of September 2020

Nice oceanfront lot in a great location with good dunes! Build your oceanfront castle!

Last Agent to Sell the Property

Gail Weldon

Emerald Isle Realty License #187954 Listed on: 08/19/2019

Last Buyer's Agent

Heather Mloganoski

Weichert Realtors At Wave's Edge License #284894

Weichert Realtors At Wave's Edge

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,390

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 75x200x75x2008
  • 75 Feet of Waterfront
  • Ocean Front
  • Open Lot
  • Lot Has A Rolling Slope
  • Dunes

Property Views

  • Ocean Views

Schools

  • Broad Creek Middle School
  • Croatan High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 6304.18.41.8038000

Property Details

Property Type

Land

Est. Annual Taxes

$3,390

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 75
  • Water Frontage: 75.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Utilities: Municipal Water Available

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: Carteret

Lot Info

  • Deed Page: 79.00
  • Lot Description: Dunes, Open
  • Lot Dimensions: 75x200x75x2008
  • Lot Number: 8
  • Lot Sq Ft: 14985.00
  • Plat Book: 3
  • Plat Page: 55
  • Zoning: Residenital
  • Acres: 0.34
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 2279411.76
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Rolling
  • Lot Number2: 8
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 6304.18.41.8038000
  • Tax Year: 2018
  • Total Real Estate Property Taxes: 3389.66
  • Deferred Taxes: No

MLS Schools

  • High School: Croatan
  • Middle School: Broad Creek
  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2021
Sold by
Chaanine Nabil T and Chaanine Kristine H
Bought by
Chaanine Ventures Llc
Current Estimated Value
$3,100,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Outstanding Balance
$1,676,562
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,424,212

Purchase Details

Listed on
Aug 19, 2019
Closed on
Sep 28, 2020
Sold by
Corse Sallie Elliott and Corse Christopher Russell
Bought by
Chaanine Nabil T and Chaanine Kristie H
Seller's Agent
Gail Weldon
Emerald Isle Realty
Buyer's Agent
Heather Mloganoski
Weichert Realtors At Wave's Edge
List Price
$775,000
Sold Price
$800,000
Premium/Discount to List
$25,000
3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.70%
Original Mortgage
$585,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2016
Sold by
Elliott Properties Llc
Bought by
Elliott Melick Velaire and Elliott Sallie Blades
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
Chaanine Ventures Llc -- None Available
Chaanine Ventures Llc -- None Listed On Document
Chaanine Nabil T $800,000 None Available
Elliott Melick Velaire $460,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaanine Ventures Llc $1,850,000
Closed Chaanine Ventures Llc $1,850,000
Previous Owner Chaanine Nabil T $585,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $800,000 +3.2% --
08/28/2020 08/28/20 Pending -- -- --
08/19/2019 08/19/19 For Sale $775,000 -- --
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 $14,045 $3,867,106 $1,251,400 $2,615,706
2024 $7,851 $1,367,609 $680,542 $687,067
2023 $3,709 $680,542 $680,542 $0
2022 $3,641 $680,542 $680,542 $0
2021 $3,573 $680,542 $680,542 $0
2020 $3,573 $680,542 $680,542 $0
2019 $2,081 $671,220 $671,220 $0
2017 $2,081 $671,220 $671,220 $0
2016 $2,081 $671,220 $671,220 $0
2015 $2,014 $671,220 $671,220 $0
2014 $1,913 $637,740 $637,740 $0
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

    1 in this area

    16 Total Sales

    Heather Mloganoski
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Map

Source: Hive MLS

MLS Number: 100180883

Hive MLS

APN: 6304.18.41.8038000

North Carolina Carteret County Emerald Isle 28594

5415 Ocean Dr, Emerald Isle, NC

This home is located at 5415 Ocean Dr, Emerald Isle, NC 28594 since 19 August 2019 and is currently estimated at $3,100,774. 5415 Ocean Dr is a home located in Carteret County with nearby schools including White Oak Elementary School, Broad Creek Middle School, and Croatan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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