NOT LISTED FOR SALE

5707 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $2,772,000 - $4,199,000

8 Beds
8.5 Baths
4,944 Sq Ft
$681/Sq Ft Est. Value

Last Sold October 16, 2012

Last sale price $1,575,000 $319 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $18,662/month

23 Days on Market

Highlights

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

About This Home

As of October 2012

FANTASTIC SPACIOUS SANDCASTLE WITH 8 BEDROOMS, 81/2 BATHS. VIEWS FOREVER FROM THE REVERSE FLOORPLAN. IMPRESSIVE KITCHEN WITH GRANITE, 2 REFRIGERATORS, 2 DISHWASHERS, HARDWOODS, CARPET, TILE, ELEVATOR, MEDIA ROOM, GAME ROOM WITH ADDITIONAL POOL KITCHEN. TREX DECKING, SWIMMING POOL, COVERED OCEANFRONT GAZEBO,ROOM FOR ALL. COMPLETELY FURNISHED AND CONSISTENT RENTAL INCOME YEAR AFTER YEAR. Appliances: DS KITCHEN

Last Agent to Sell the Property

Emma Singleton

Emerald Isle Realty License #180070 Listed on: 09/17/2012

Last Buyer's Agent

Jeff Pennell

Emerald Isle Realty License #261585

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,327

Year Built

  • Built in 2006

Lot Details

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

Home Design

  • Shingle Roof
  • Piling Construction

Interior Spaces

  • 4,944 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Ocean Side of Freeway
  • Deck
  • Porch

Utilities

  • Zoned Heating
  • Heat Pump System
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 630418305747000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,327

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2006
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 5500 - 5999
  • Interior Amenities: Ceiling Fan(s), Elevator, Pantry, Hot Tub, Furnished
  • List Price per Sq Ft: 328.68
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 9.00
  • Bedrooms: 8
  • Sq Ft Heated: 4944.00
  • Total Heated Primary Separate Sq Ft: 4944.00

Exterior Features

  • Exterior Structures: Shower
  • Fencing: Vinyl
  • Foundation: Pilings
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, See Remarks, Microwave - Built-In, Dryer
  • Heating System: Heat Pump, Zoned
  • Utilities: Municipal Water, Septic On Site

Lot Info

  • Deed Page: 55.00
  • Lot Acres: 0.34
  • Lot Dimensions: 75 X 200 X 75 X 200
  • Lot Sq Ft: 14810.40
  • Lot Water Features: Ocean Side
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 630418305747000
  • Tax Year: 2012
  • Total Real Estate Property Taxes: 7327.30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2012
Sold by
Mcnelly Beatriz
Bought by
Bountiful Llc
Current Estimated Value
$3,367,750

Purchase Details

Listed on
Sep 17, 2012
Closed on
Oct 16, 2012
Sold by
Godfrey Francis X
Bought by
Mcnelly Beatriz and Beatriz Mcnelly Trust
Seller's Agent
Emma Singleton
Emerald Isle Realty
Buyer's Agent
Jeff Pennell
Emerald Isle Realty
List Price
$1,625,000
Sold Price
$1,575,000
Premium/Discount to List
-$50,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%

Purchase Details

Closed on
Sep 17, 2010
Sold by
Godfrey Francis X
Bought by
Godfrey Francis X and Francis X Godfrey Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2006
Sold by
Moldthan John H and Moldthan Kathleen D
Bought by
Godfrey Francis X

Purchase Details

Closed on
Oct 28, 2005
Sold by
Godfrey Francis X and Moldthan John H
Bought by
Godfrey Francis X and Moldthan John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2005
Sold by
Muse Clyde F and Muse Claudia C
Bought by
Moldthan John H and Moldthan Kathleen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2005
Sold by
Muse Clyde F and Muse Claudia C
Bought by
Godfrey Francis X

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Bountiful Llc -- None Available
Mcnelly Beatriz $1,575,000 None Available
Godfrey Francis X -- None Available
Godfrey Francis X $154,017 None Available
Godfrey Francis X -- None Available
Moldthan John H $750,000 None Available
Godfrey Francis X $750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Godfrey Francis X $1,400,000
Previous Owner Godfrey Francis X $1,800,000
Previous Owner Moldthan John H $74,000
Previous Owner Godfrey Francis X $74,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2012 10/16/12 Sold $1,575,000 -3.1% $319 / Sq Ft
10/10/2012 10/10/12 Pending -- -- --
09/17/2012 09/17/12 For Sale $1,625,000 -- $329 / 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
2025 $11,989 $3,282,932 $1,252,300 $2,030,632
2024 $8,196 $1,430,893 $680,542 $750,351
2023 $8,108 $1,430,893 $680,542 $750,351
2022 $7,979 $1,430,893 $680,542 $750,351
2021 $0 $1,437,282 $680,542 $756,740
2020 $7,816 $1,437,282 $680,542 $756,740
2019 $4,551 $1,463,246 $671,220 $792,026
2017 $4,551 $1,463,246 $671,220 $792,026
2016 $4,551 $1,463,246 $671,220 $792,026
2015 $4,405 $1,463,246 $671,220 $792,026
2014 -- $1,581,622 $637,740 $943,882
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 11204281

Hive MLS

APN: 6304.18.30.5747000