NOT LISTED FOR SALE

5701 Ocean Dr Unit E&W Emerald Isle, NC 28594

Estimated Value: $2,207,988

8 Beds
8 Baths
5,792 Sq Ft
$381/Sq Ft Est. Value

Sale Details

Date Sold: December 19, 2023

Last sale price $2,700,000 $466 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $14,134 / mo

20 Days on Market

Highlights

  • Ocean Front
  • Beach Access
  • Oceanside
  • White Oak Elementary School Rated A-
  • Second Kitchen
  • Deck

About This Home

As of December 2023

Spectacular Oceanfront Full Duplex property with 8-bedroom, 8-bathroom offering breathtaking views of the Atlantic Ocean. This extraordinary property comes fully furnished and provides the ultimate beachfront living experience just steps away from the beautiful sands of Emerald Isle Beach. Each side of this expansive duplex has a generous amount of living space and features 1st-level family rooms (the west side includes a small kitchen) and a bonus room. Both sides are connected to 2-car garages, ensuring ample parking and storage space. Whether you're seeking a second home, an investment opportunity, or a combination of both, this property offers endless possibilities. Both sides of the duplex are currently utilized as weekly vacation rentals during the peak season, providing a steady income stream. With the inclusion of the lock-off 1st-floor living space and garages, the potential annual total income could be significantly increased to almost $180k. The roof for the property was installed in 2019, new heat pumps, and many new windows, among other enhancements. Please note that both fireplaces have been capped and are nonfunctional. The property is comprised of 2 separate PIN numbers, and the owners are selling the entire duplex. However, the new owner has the flexibility to keep one side for personal use and sell the other side separately. Don't miss this rare opportunity to own a magnificent oceanfront duplex in one of the most coveted locations on the Emerald Isle. Experience the coastal lifestyle at its finest and indulge in the beauty of the Atlantic Ocean. Schedule your showing today!

Last Agent to Sell the Property

Aaron Dominguez

RE/MAX Elite Realty Group License #316167 Listed on: 10/03/2023

Last Buyer's Agent

Aaron Dominguez

Coldwell Banker Alliance Group Realty License #316167

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1987

Lot Details

  • Lot Dimensions are 75'x200'x75'x200
  • Ocean Front
  • Property fronts a state road
  • Dunes

Parking

  • 4 Car Attached Garage
  • Front Facing Garage

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Architectural Shingle Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 5,792 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Double Pane Windows
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Bonus Room
  • Ocean Views

Kitchen

  • Second Kitchen
  • Electric Oven
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • 8 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Shower
  • Beach Access
  • Deeded access to the beach
  • Oceanside
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Water Softener

Community Details

  • No Home Owners Association
  • Fire and Smoke Detector

Listing and Financial Details

  • Assessor Parcel Number 630418307853000

Townhouse Details

Home Type

Townhome

Year Built

Built in 1987

Lot Details

0.29 Acres

Parking

4

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: N/A
  • Year Built: 1987
  • Property Sub Type: Townhouse
  • View: Ocean
  • Appliances: Mini Refrigerator, Electric Oven, Built-In Microwave, Water Softener, Washer, Refrigerator, Dryer, Dishwasher
  • Original List Price: 2900000.00
  • Unit Levels: Three Or More
  • Living Area: 5792.00
  • Is New Construction?: No
  • Island Or Mainland: Island
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 500.69
  • Special Features: None

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Walk-in Closet(s), Vaulted Ceiling(s), Whirlpool, 2nd Kitchen, Ceiling Fan(s), Furnished, Reverse Floor Plan, Walk-in Shower, Blinds/Shades, Walk-In Closet(s)
  • Master Bedroom Level: Non Primary Living Area
  • Stories: 3
  • Furnished: Furnished
  • Laundry Features: Dryer Hookup, Washer Hookup, Laundry Closet
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Total Bedrooms: 18
  • Room Types: Bedroom 1, Bedroom 2, Bedroom 3, Master Bedroom, Bonus Room, Dining Room, Family Room, Dining Area, Living Room
  • Window Features: Thermal Windows
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 8.00
  • Living Area Range: 5500 - 5999

Exterior Features

  • Exterior Features: Outdoor Shower, DP50 Windows
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Roof: Architectural Shingle
  • Road Frontage Type: Oceanfront
  • Road Frontage Type: Maintained, City Street, State Road, Paved
  • Road Surface Type: Paved
  • Waterfront Features: Deeded Beach Access
  • Waterfront?: Yes
  • Foundation Details: Other, Slab, Pilings
  • Patio And Porch Features: Open, Covered, Deck

Garage/Parking

  • Has Attached Garage?: No
  • Garaged Spaces: 4.00
  • Parking Features: Garage Faces Front, Circular Driveway, Concrete, On Site, Paved
  • Total Parking Spaces: 4.00
  • Attached Garage Spaces: 4.00

Utilities

  • Utilities: Water Available
  • Water Heater: Electric
  • Heating System Fuel Source: Electric
  • Water Source: Public
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer Provider: Septic Tank

Condo/Co-op/Association

  • Association Amenities: Waterfront Community, See Remarks
  • Has H O A?: No

Lot Info

  • Deed Book: 1526
  • Deed Page: 228.00
  • Zoning: Residential
  • Lot Features: Dunes, Deeded Beach Access, Ocean Side
  • Lot Size Acres: 0.29
  • Lot Size: 75'X200'X75'X200
  • Lot Size Sq Ft: 12632.00
  • Purchase Contract Date: 2023-10-23
  • Parcel#: 630418307853000
  • Cobra Zone Y N: No
  • Federal Flood Insurance Available Y N: Yes
  • Permitted Use: Public

Rental Info

  • Lease Term: Short Term Lease

Tax Info

  • Tax Year: 2022
  • Tax Book Number: 10O
  • Tax Map Number: 54
  • Tax Other Assessment Amount Frequency: None Known

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2019
Closed on
Apr 12, 2021
Sold by
Bought by
Seller's Agent
Lorna Riggs
Bluewater Real Estate - EI
Buyer's Agent
Aaron Dominguez
RE/MAX Elite Realty Group
List Price
$1,600,000
Sold Price
$1,600,000
Current Estimated Value
$2,207,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$607,988
Avg. Annual Appreciation
6.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2023 12/19/23 Sold $2,700,000 -6.9% $466 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $2,900,000 +81.3% $501 / Sq Ft
04/26/2021 04/26/21 Sold $1,600,000 0.0% $276 / Sq Ft View Prior Sale
02/14/2021 02/14/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $1,600,000 0.0% $276 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
12/22/2019 12/22/19 For Sale $1,600,000 -- $276 / Sq Ft
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- $52,577 $0 $52,577
2024 -- $0 $0 $0
2023 -- $1 $1 $0
2022 $0 $1 $1 $0
2020 $0 $0 $0 $0
2019 $0 $1 $0 $0
2017 $0 $1 $1 $0
2016 -- $1 $1 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100407799

Hive MLS

APN: 6304.18.30.7862000

Your Personal Tour Guide

Ask me questions while you tour the home.