NOT LISTED FOR SALE

7002 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $948,356 - $1,664,000

4 Beds
4.5 Baths
1,772 Sq Ft
$722/Sq Ft Est. Value

Last Sold May 30, 2013

Last sale price $650,000 $367 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $6,934/month

964 Days on Market

Highlights

  • Ocean View
  • Ocean Side of Freeway
  • Furnished
  • White Oak Elementary School Rated A-
  • Deck
  • Outdoor Shower

About This Home

As of May 2013

HIGH, VERY HIGH SECOND ROW LOT W/OCEANWALKWAY ACROSS THE STREET. INGROUND POOL W/OCEANVIEW.GREAT OVEANVIEWS EVERYWHERE.SOLID SURFACE.PLANTATION BLINDS.2 MASTER SUITES.COLORFUL FURNISHINGS REMAIN.BEAUTIFUL DUNES ON THIS LOT. RENTAL INCOME WAS $63,000 IN 2012.4 BEDROOM HOMES RENT WELL, ESPECIALLY WHEN YOU ARE ACROSS THE STREET FROM THE OCEAN WALKWAY.CONVENIENT & PROTECTED.

Last Agent to Sell the Property

Marcia Jordan

Bluewater Real Estate - EI License #23244 Listed on: 09/03/2010

Last Buyer's Agent

Emma Singleton

Emerald Isle Realty License #180070

Emerald Isle Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,435

Year Built

  • Built in 1990

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 81 x 77 x 167 x 135

Home Design

  • Shingle Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 1,772 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Stove
  • Range Hood
  • Built-In Microwave

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Eco-Friendly Details

  • Energy-Efficient Doors

Outdoor Features

  • Outdoor Shower
  • Ocean Side of Freeway
  • Deck
  • Outdoor Storage

Utilities

  • Heat Pump System
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • Bluewater Bay Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 539308798573000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,435

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dryer, Refrigerator, Washer, Vent Hood, Stove/Oven - Electric, Microwave - Built-In
  • List Priceper Sq Ft: 388.83
  • New Construction: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 2435.00
  • Year Built: 1990
  • Lot View Type: Ocean View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Flooring: Carpet, Vinyl, Tile
  • Interior Amenities: Furnished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 4
  • Bedroom2 Level: Second
  • Bedroom3 Level: Second
  • Bedroom4 Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 1772.00
  • Stories: 2.0
  • Stories Levels: Two
  • Total Heated Primary Separate Sq Ft: 1772.00

Exterior Features

  • Exterior Features: Thermal Doors
  • Exterior Finish: Wood Siding
  • Exterior Structures: Shower, Storage
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Paved

Utilities

  • Heated Sq Ft: 1600 - 1799
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Electric

Lot Info

  • Deed Page: 207.00
  • Lot Acres: 0.30
  • Lot Dimensions: 81 X 77 X 167 X 135
  • Lot Number: 17
  • Lot Sq Ft: 13068.00
  • Lot Water Features: Ocean Side

Tax Info

  • Tax Identifier: 539308798573000
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2018
Sold by
Brewer Ernestine Faulkner
Bought by
Brewer Ernestine Faulkner and Brewer Bennett L
Current Estimated Value
$1,280,089

Purchase Details

Listed on
Sep 3, 2010
Closed on
May 25, 2013
Sold by
Whalen John B and Whalen Maria M
Bought by
Brewer Ernestine Faulkner
Seller's Agent
Marcia Jordan
Bluewater Real Estate - EI
Buyer's Agent
Emma Singleton
Emerald Isle Realty
List Price
$875,000
Sold Price
$650,000
Premium/Discount to List
-$225,000
-25.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%

Purchase Details

Closed on
Feb 24, 2006
Sold by
Graceffa Joseph R and Graceffa Carol A
Bought by
Whalen John B and Whalen Maria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brewer Ernestine Faulkner -- None Available
Brewer Ernestine Faulkner $650,000 None Available
Whalen John B $950,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whalen John B $415,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2013 05/30/13 Sold $650,000 -25.7% $367 / Sq Ft
04/24/2013 04/24/13 Pending -- -- --
09/03/2010 09/03/10 For Sale $875,000 -- $494 / 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 $3,680 $983,864 $552,480 $431,384
2024 $3,163 $547,593 $317,975 $229,618
2023 $3,075 $547,593 $317,975 $229,618
2022 $3,001 $547,593 $317,975 $229,618
2021 $2,936 $547,593 $317,975 $229,618
2020 $2,926 $547,593 $317,975 $229,618
2019 $1,607 $513,472 $317,975 $195,497
2017 $1,607 $513,472 $317,975 $195,497
2016 $1,607 $513,472 $317,975 $195,497
2015 $1,555 $513,472 $317,975 $195,497
2014 -- $579,875 $370,952 $208,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 11004164

Hive MLS

APN: 5393.08.79.8573000