NOT LISTED FOR SALE

5423 Emerald Dr Emerald Isle, NC 28594

Estimated Value: $996,000 - $1,125,000

4 Beds
3 Baths
2,358 Sq Ft
$458/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $1,035,000 $439 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,946/month

29 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Deck
  • White Oak Elementary School Rated A-
  • In Ground Pool
  • Bonus Room

About This Home

As of June 2024

Welcome to 5423 Emerald Dr. where you can experience the ultimate beach lifestyle while offsetting some of the cost with an immediate income producing vacation rental. This meticulously updated (in 2021) coastal property boasts ocean views, luxurious amenities, and a prime location that ensures both relaxation and convenience.Situated three rows back from the ocean, with a public beach access with golf cart parking just around the corner.With four bedrooms, plus a bonus room, two spacious living areas, three full baths, and ample outdoor space you can entertain the whole crew. This property has parking for 3-4 vehicles, and even room for a boat trailer!Enjoy the ocean view and close proximity to both the beach access and boat ramp on the sound.Directly on the Emerald Path (walking and biking trail) for exercise, enjoyment and exploration.The property features recent updates including flooring, sheetrock, lighting, ceiling fans, cabinets, fixtures, windows, deck boards, hot water heater, and appliances including washer/dryer.Spacious living areas, vaulted ceilings, and expansive windows maximize natural light throughout the home.Thoughtful attention to detail is evident in every aspect of the design, from the quality and coastal inspired furnishings, light and bright kitchen with all new appliances and granite countertops, to the elegantly tiled bathrooms and stylish finishes.In addition to the mid-level living space, the lower level provides an extra hang out zone with a wet bar equipped with a beverage fridge and microwave for those late night snacks.Experience the private outdoor oasis including multiple decks, a private saltwater pool (newer salt system and filter), hot tub and lush landscapingPerfect for entertaining!

Last Agent to Sell the Property

Karen Shirlin

Realty One Group East-MHC License #320492 Listed on: 05/09/2024

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,252

Year Built

  • Built in 1986

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 76' x 187'
  • Wood Fence
  • Level Lot

Home Design

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

Interior Spaces

  • 2,358 Sq Ft Home
  • 3-Story Property
  • Bar Fridge
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Bonus Room
  • Utility Room
  • Ocean Views
  • Partial Basement
  • Attic Is Not Usable

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Gravel Driveway

Eco-Friendly Details

  • Energy-Efficient Doors

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Wrap Around Porch
  • Patio

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 630418414454000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Beach Access
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,252

Year Built

Built in 1986

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: 1986
  • Trash Collection: City Pick-UP
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: No Access, None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, LVT/LVP, Tile
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: Blinds/Shades, Solid Surface, Gas Logs, Kitchen Island
  • Laundry Location: Closet
  • List Price per Sq Ft: 506.79
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 9
  • Bedroom 1 Level: Second
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Bonus Room Level: Third
  • Dining Room Level: Second
  • Family Room Level: First
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Third
  • Sq Ft Heated: 2358.00
  • Total Heated Primary Separate Sq Ft: 2358.00

Exterior Features

  • Exterior Features: Thermal Doors, Thermal Windows
  • Exterior Finish: Cedar
  • Exterior Structures: Shower
  • Fencing: Partial, Wood
  • Foundation: Pilings, Slab
  • On Site Pool Spa: Hot Tub, In Ground
  • Porch Balcony Deck: Covered, Wrap Around, Patio, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 3.00
  • Garage And Parking R V Boat Spaces: 1.00
  • Parking Driveway: Gravel

Utilities

  • Appliances Equipment: Bar Refrigerator, Washer, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Dryer, Dishwasher
  • Cooling System: Central, Zoned, Heat Pump
  • Fuel Tank: None
  • Heating System: Fireplace(s), Heat Pump
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Electric
  • Internet Service Provider: Spectrum
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Beach Access, Jogging Path

Lot Info

  • Deed Page: 433.00
  • Lot Acres: 0.31
  • Lot Description: Level
  • Lot Dimensions: 76' x 187'
  • Lot Sq Ft: 13504.00
  • Lot Water Features: Third Row
  • Plat Book: 5
  • Plat Page: 22
  • Special Assessments: none at present
  • Zoning: Residential
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 630418414454000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 2251.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 21, 2024
Sold by
Butler Severin D and Butler Maria K
Bought by
Horgan Maxwell John and Horgan Regan Peek
Seller's Agent
Karen Shirlin
Realty One Group East-MHC
Buyer's Agent
A Non Member
A Non Member
List Price
$1,195,000
Sold Price
$1,035,000
Premium/Discount to List
-$160,000
-13.39%
Views
21
Current Estimated Value
$1,085,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,627
Avg. Annual Appreciation
4.36%
Original Mortgage
$776,250
Outstanding Balance
$770,411
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$315,216

Purchase Details

Closed on
May 24, 2021
Sold by
Edr Holdings Llc
Bought by
Butler Severin D and Butler Maria K

Purchase Details

Closed on
Feb 4, 2015
Sold by
Mcallister James Charles
Bought by
Mcallister James C and The James C Mcallister Iii Revocable Tru
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
Horgan Maxwell John $1,035,000 None Listed On Document
Butler Severin D $599,000 None Available
Mcallister James C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horgan Maxwell John $776,250
Previous Owner Mcallister James C $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $1,035,000 -13.4% $439 / Sq Ft
06/09/2024 06/09/24 Pending -- -- --
05/11/2024 05/11/24 For Sale $1,195,000 +185.2% $507 / Sq Ft
12/22/2020 12/22/20 Sold $419,000 -6.9% $163 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $450,000 -- $175 / 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 $26 $442,962 $245,025 $197,937
2023 $2,547 $442,962 $245,025 $197,937
2022 $2,483 $442,962 $245,025 $197,937
2021 $0 $442,962 $245,025 $197,937
2020 $2,418 $442,962 $245,025 $197,937
2019 $1,384 $441,592 $222,337 $219,255
2017 $1,384 $441,592 $222,337 $219,255
2016 $1,384 $441,592 $222,337 $219,255
2015 $1,340 $441,592 $222,337 $219,255
2014 $1,519 $501,383 $273,605 $227,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100443572

Hive MLS

APN: 6304.18.41.4454000