NOT LISTED FOR SALE

705 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $1,926,000 - $2,023,093

4 Beds
4.5 Baths
2,101 Sq Ft
$946/Sq Ft Est. Value

Sale Details

Date Sold: June 15, 2023

Last sale price $1,637,500 $779 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $11,282 / mo

255 Days on Market

Highlights

  • Ocean Front
  • Oceanside
  • Main Floor Primary Bedroom
  • White Oak Elementary School Rated A-
  • Deck
  • Attic

About This Home

As of June 2023

Coastal Carolina style on the oceanfront, less than 2 years old and ready for your enjoyment and investment. This well appointed 4 bedroom 3 1/2 bath cottage includes nice coastal blue decor which carries over to the low maintenance exterior. The floor plan allows for ground level suite to be blocked off for owner's use. You can still enjoy coming to the beach while using the rest of the home as a vacation rental.

Last Agent to Sell the Property

Phyllis Howard

Emerald Isle Realty License #188504 Listed on: 08/19/2022

Emerald Isle Realty

Last Buyer's Agent

Beach Life Properties Team

Bluewater Real Estate - EI License #245743

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,999

Year Built

  • Built in 2021

Lot Details

  • 11,326 Sq Ft Lot
  • Lot Dimensions are 75x150x73x130
  • Ocean Front
  • Property fronts a state road

Home Design

  • Slab Foundation
  • Metal Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 2,101 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Ocean Views
  • Electric Oven
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Driveway Spaces
  • On-Site Parking

Outdoor Features

  • Outdoor Shower
  • Oceanside
  • Deck
  • Covered Patio or Porch

Utilities

  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 632410455390000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,999

Year Built

Built in 2021

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: N/A
  • Year Built: 2021
  • Property Sub Type: Single Family Residence
  • View: Ocean, Water
  • Appliances: Electric Oven, Washer, Refrigerator, Dryer
  • Original List Price: 1700000.00
  • Unit Levels: Three Or More
  • Living Area: 2101.00
  • Is New Construction?: No
  • Other Structures: Shower
  • 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: 809.14
  • Special Features: None

Interior Features

  • Basement: None
  • Dining Room Type: Combination, Kitchen
  • Flooring: LVT/LVP
  • Interior Amenities: Ceiling Fan(s), Furnished, Blinds/Shades
  • Master Bedroom Level: Primary Living Area
  • Stories: 3
  • Laundry Features: Laundry Closet
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Has Fireplace?: No
  • Total Bedrooms: 8
  • Room Types: Dining Area
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 4.10
  • Attic Features: Access Only
  • Living Area Range: 2000 - 2199

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Roof: Metal
  • Road Frontage Type: Oceanfront
  • Pool Features: None
  • Road Frontage Type: Maintained, City Street, State Road, Paved
  • Road Surface Type: Paved
  • Waterfront?: Yes
  • Foundation Details: Other, Slab, Pilings
  • Patio And Porch Features: Covered, Deck, Patio
  • Pool Spa Features: None

Garage/Parking

  • Has Attached Garage?: No
  • Open Parking Spaces: 2
  • Parking Features: On Site
  • Driveway Spaces: 2

Utilities

  • Utilities: Water Available
  • Heating System Fuel Source: Electric
  • Water Source: Community Water
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer Provider: Septic Off Site
  • Electric Provider: Carteret-Craven Electric Cooperative
  • Water Provider: Bogue Banks Water Corp

Condo/Co-op/Association

  • Association Amenities: None
  • Has H O A?: No

Lot Info

  • Deed Book: 1725
  • Deed Page: 273.00
  • Lot Number: 3
  • Zoning: Residential
  • Lot Features: Ocean Side
  • Lot Size Acres: 0.26
  • Lot Size: 75x150x73x130
  • Lot Size Sq Ft: 11326.00
  • Purchase Contract Date: 2023-04-30
  • Parcel#: 632410455390000
  • Cobra Zone Y N: No
  • Federal Flood Insurance Available Y N: Yes
  • Permitted Use: Public

Tax Info

  • Tax Year: 2022
  • Tax Book Number: 8
  • Tax Lot: 3
  • Tax Map Number: 79
  • Tax Other Assessment Amount Frequency: No
  • Tax Amount: 2998.8

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
Aug 19, 2022
Closed on
Jun 5, 2023
Sold by
Bought by
Seller's Agent
Phyllis Howard
Emerald Isle Realty
Buyer's Agent
Beach Life Properties Team
Bluewater Real Estate - EI
List Price
$1,900,000
Sold Price
$1,637,500
Premium/Discount to List
-$262,500
-13.82%
Views
349
Current Estimated Value
$1,986,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,273
Avg. Annual Appreciation
6.61%
Original Mortgage
$2,307,500
Outstanding Balance
$2,245,797
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
-$259,024

Purchase Details

Closed on
Jun 7, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 15, 2015
Closed on
Aug 15, 2019
Sold by
Bought by
Seller's Agent
Margaret Nelson
Advantage Coastal Properties
Buyer's Agent
Phyllis Howard
Emerald Isle Realty
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.27%
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

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
$1,637,500 None Listed On Document
-- None Available
$475,000 None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $2,307,500
Previous Owner $800,000
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
06/15/2023 06/15/23 Sold $1,637,500 -3.7% $779 / Sq Ft
04/30/2023 04/30/23 Pending -- -- --
04/29/2023 04/29/23 Price Changed $1,700,000 -5.6% $809 / Sq Ft
04/11/2023 04/11/23 Price Changed $1,800,000 -5.3% $857 / Sq Ft
08/18/2022 08/18/22 For Sale $1,900,000 +300.0% $904 / Sq Ft
08/20/2019 08/20/19 Sold $475,000 -4.8% -- View Prior Sale
06/25/2019 06/25/19 Pending -- -- --
04/15/2015 04/15/15 For Sale $499,000 -- --
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 $6,609 $1,754,664 $1,056,094 $698,570
2024 $4,533 $758,723 $571,200 $187,523
2023 $3,279 $758,723 $571,200 $187,523
2022 $4,349 $758,723 $571,200 $187,523
2021 $4,349 $571,200 $571,200 $0
2020 $2,999 $571,200 $571,200 $0
2019 $1,348 $434,860 $434,860 $0
2017 $1,348 $434,860 $434,860 $0
2016 $1,348 $434,860 $434,860 $0
2015 $1,305 $434,860 $434,860 $0
2014 $1,305 $434,860 $434,860 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100345249

Hive MLS

APN: 6324.10.45.5390000

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