NOT LISTED FOR SALE

5418 Emerald Dr Emerald Isle, NC 28594

Estimated Value: $963,000 - $1,075,000

4 Beds
3.5 Baths
2,256 Sq Ft
$450/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $780,000 $346 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,733/month

12 Days on Market

Highlights

  • Ocean View
  • Home fronts a sound
  • Deck
  • White Oak Elementary School Rated A-
  • In Ground Pool
  • Bamboo Flooring

About This Home

As of October 2022

If ISLAND LIVING or INVESTING in an INCOME-PRODUCING property is on your bucket list, here's your chance! Beautifully landscaped with PALM TREES and an irrigation system, this home is located just 4th row from the OCEAN and is a 4 MINUTE walk to the sandy beach in Emerald Isle! This home has an excellent RENTAL HISTORY and is a favorite with many repeat guests each year, but would also be a perfect PRIMARY or SECOND home. Featuring 4 bedrooms, 3.5 baths, this home offers an ENTRY LEVEL SUITE that provides a great private space with NO STAIRS! The lower level includes a den, wet bar, bedroom, bath and a newer washer/dryer (2020). From this suite, there's easy access to the OUTDOOR OASIS, where you will find a SPARKLING POOL, multiple spots for activities or for simply relaxing and enjoying outdoor time with your friends and family. Travel up the interior stairs to the SECOND LEVEL and you will be greeted with gorgeous bamboo flooring, a fully equipped and stocked kitchen, generously sized dining area and another beautiful living room. Freshly painted walls in the living room with updated furnishings make this entire space feel warm and inviting. Two covered decks from the living room create great spots for morning coffee and one deck overlooks the pool! All decking has had upgrades in the past couple of years (2019,2020) and the ROOF was replaced in 2019.The THIRD LEVEL boasts new carpeting (2020) and offers a master suite and 2 additional bedrooms. All 3 bedrooms on this level have newer sliding doors (2021) which lead to a generously sized front deck that provides peeks of the Atlantic Ocean. ''Sol Beach Retreat'' has been meticulously cared for by the owners and is offered FURNISHED with few exclusions.ISLAND LIFE is calling!

Last Agent to Sell the Property

Carolyn Blackmon

Bluewater Real Estate - EI License #95922 Listed on: 08/28/2022

Last Buyer's Agent

Susan Goines

Coldwell Banker Sea Coast Adv EI License #100988

Coldwell Banker Sea Coast Adv EI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,101

Year Built

  • Built in 1985

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75 x 150 x 75 x 150
  • Home fronts a sound
  • Irrigation

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Piling Construction
  • Stick Built Home
  • Cedar

Interior Spaces

  • 2,256 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Den
  • Ocean Views
  • Partial Basement
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Range with Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Bamboo
  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 630418414773000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,101

Year Built

Built in 1985

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: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1985
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Bamboo, Tile, LVT/LVP, Carpet
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Wet Bar, Walk-In Closet, Walk-in Shower, Furnished, Blinds/Shades, Ceiling Fan(s)
  • Laundry Location: Hall, Hookup - Washer, Hookup - Dryer
  • List Price per Sq Ft: 352.39
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Bedroom 2 Level: Third
  • Bedroom 3 Level: Third
  • Bedroom 4 Level: First
  • Den Level: First
  • Living Room Level: Second
  • Primary Bedroom Level: Third
  • Sq Ft Heated: 2256.00
  • Total Heated Primary Separate Sq Ft: 2256.00

Exterior Features

  • Exterior Features: Irrigation System, Storm Doors, Thermal Windows, Outdoor Shower
  • Exterior Finish: Cedar
  • Exterior Structures: Shed(s), Shower
  • Fencing: Partial
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Open, Covered, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: Concrete

Utilities

  • Appliances Equipment: Dishwasher, Range, Washer, Vent Hood, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Ice Maker, Dryer
  • Cooling System: Central, Heat Pump
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Utilities: Municipal Sewer Available, Septic On Site, Municipal Water Available
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 181.00
  • Lot Acres: 0.26
  • Lot Dimensions: 75 x 150 x 75 x 150
  • Lot Sq Ft: 11326.00
  • Lot Water Features: Sound Side
  • Plat Book: 8
  • Plat Page: 59
  • Zoning: residential
  • Horse Amenities: None
  • Lot View Type: Ocean View, Water View

Rental Info

  • Rental Income Gross Rental Income: 48675.00
  • Annual Gross Rental Income Collected: 2022

Tax Info

  • Tax Identifier: 630418414773000
  • Tax Year: 2021
  • Total City Real Estate Property Tax: 946.60
  • Total Real Estate Property Taxes: 2100.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2024
Sold by
Martin Michael Wayne and Martin Dawn Marie
Bought by
Tag Growth Industries Llc
Current Estimated Value
$1,014,597

Purchase Details

Listed on
Aug 28, 2022
Closed on
Oct 25, 2022
Sold by
Gardner Jeffrey A and Gardner Penny J
Bought by
Martin Michael and Martin Dawn
Seller's Agent
Carolyn Blackmon
Bluewater Real Estate - EI
Buyer's Agent
Susan Goines
Coldwell Banker Sea Coast Adv EI
List Price
$840,000
Sold Price
$780,000
Premium/Discount to List
-$60,000
-7.14%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%
Original Mortgage
$585,000
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2017
Closed on
Jun 15, 2018
Sold by
Cassidy Mark V and Cassidy Holly R
Bought by
Gardner Jeffrey A and Gardner Penny J
Seller's Agent
Carolyn Blackmon
Bluewater Real Estate - EI
Buyer's Agent
Kitch Ayre
Kitch Ayre Real Estate
List Price
$549,000
Sold Price
$430,000
Premium/Discount to List
-$119,000
-21.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.64%
Original Mortgage
$387,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2005
Sold by
Sf2 Llc
Bought by
Cassidy Mark and Cassidy Holly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2000

Purchase Details

Closed on
Mar 22, 1999
Source: Public Records

Range of Values:

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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
Tag Growth Industries Llc -- None Listed On Document
Martin Michael $780,000 --
Gardner Jeffrey A $430,000 None Available
Cassidy Mark $587,500 None Available
-- $175,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Michael $585,000
Previous Owner Gardner Jeffrey A $362,050
Previous Owner Gardner Jeffrey A $387,000
Previous Owner Cassidy Mark $470,000
Previous Owner Cassidy Mark $470,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2022 10/25/22 Sold $780,000 -1.9% $346 / Sq Ft
09/14/2022 09/14/22 Pending -- -- --
09/11/2022 09/11/22 Price Changed $795,000 -5.4% $352 / Sq Ft
09/02/2022 09/02/22 For Sale $840,000 +95.3% $372 / Sq Ft
06/15/2018 06/15/18 Sold $430,000 -21.7% $200 / Sq Ft
04/21/2018 04/21/18 Pending -- -- --
05/05/2017 05/05/17 For Sale $549,000 -- $255 / 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 $2,596 $435,218 $201,600 $233,618
2023 $2,482 $430,067 $201,600 $228,467
2022 $2,419 $430,067 $201,600 $228,467
2021 $2,366 $430,067 $201,600 $228,467
2020 $2,356 $430,067 $201,600 $228,467
2019 $1,176 $374,588 $172,620 $201,968
2017 $1,176 $374,588 $172,620 $201,968
2016 $1,176 $374,588 $172,620 $201,968
2015 $1,139 $374,588 $172,620 $201,968
2014 $1,162 $382,205 $145,635 $236,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100346594

Hive MLS

APN: 6304.18.41.4773000