NOT LISTED FOR SALE

7215 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $1,298,000 - $1,643,000

4 Beds
2 Baths
1,284 Sq Ft
$1,104/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $700,000 $545 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $8,045/month

41 Days on Market

Highlights

  • Ocean Front
  • Ocean Side of Freeway
  • Vaulted Ceiling
  • White Oak Elementary School Rated A-
  • Deck
  • 1 Fireplace

About This Home

As of May 2016

Classic oceanfront beach cottage with 4 bedrooms, 2 full baths on each side and living area in the center. Very well maintained and nicely furnished with great ocean views from every room. Spacious kitchen with granite countertops, fireplace in the great room and bright and airy dcor throughout. The exterior has new hardiplank siding,an oceanside deck and walkway to the beach. This cottage sits on a very desirable oceanfront lot which would be great for future development if a Sand Castle is ever in your plans. Room for a pool. Great rental income of over $40,000 in 2015 and many weeks already booked for 2016.

Last Agent to Sell the Property

Kitch Ayre

Kitch Ayre Real Estate License #165043 Listed on: 03/31/2016

Last Buyer's Agent

Phyllis Howard

Emerald Isle Realty License #139563

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,200

Year Built

  • Built in 1978

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 76x300
  • Ocean Front

Parking

  • Unpaved Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 1,284 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Ocean Side of Freeway
  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Oakland Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5393.07.58.7698000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,200

Year Built

Built in 1978

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: 1.0
  • Stories Levels: One
  • Year Built: 1978
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Vinyl
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Ceiling - Vaulted, Furnished, Ceiling Fan(s)
  • List Price per Sq Ft: 599.61
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Number Rooms: 6
  • Sq Ft Heated: 1284.00
  • Total Heated Primary Separate Sq Ft: 1284.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Composition
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Unpaved

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Carteret-Craven EMC
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Utilities: Community Water, Septic On Site
  • Water Heater: Electric

Association/Amenities

  • HOA: No

Schools

  • School District: Carteret

Lot Info

  • Deed Page: 312.00
  • Lot Acres: 0.52
  • Lot Dimensions: 76x300
  • Lot Sq Ft: 22695.00
  • Lot Water Features: Ocean Side
  • Zoning: residential
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 5393.07.58.7698000
  • Tax Year: 2014
  • Total Real Estate Property Taxes: 3200.00

MLS Schools

  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2016
Closed on
May 20, 2016
Sold by
Sullivan Alan Philip and Sullivan Kathy Dower
Bought by
Hamrick Hugh A
Seller's Agent
Kitch Ayre
Kitch Ayre Real Estate
Buyer's Agent
Phyllis Howard
Emerald Isle Realty
List Price
$769,900
Sold Price
$700,000
Premium/Discount to List
-$69,900
-9.08%
Current Estimated Value
$1,417,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$717,300
Avg. Annual Appreciation
7.78%

Purchase Details

Closed on
Nov 6, 2015
Sold by
Sullivan Alan Philip and Sullivan Kathy Dower
Bought by
Sullivan Alan Philip and Sullivan Kathy Dower

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,085
Interest Rate
3.78%
Mortgage Type
New Conventional
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
Hamrick Hugh A $700,000 Attorney
Sullivan Alan Philip -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Alan Philip $150,085
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2016 05/20/16 Sold $700,000 -9.1% $545 / Sq Ft
05/11/2016 05/11/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $769,900 -- $600 / 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 $6,376 $1,688,342 $1,414,700 $273,642
2024 $4,705 $790,270 $657,562 $132,708
2023 $4,617 $790,270 $657,562 $132,708
2022 $4,518 $790,270 $657,562 $132,708
2021 $0 $790,270 $657,562 $132,708
2020 $4,419 $790,270 $657,562 $132,708
2019 $2,115 $677,525 $565,065 $112,460
2017 $2,115 $677,525 $565,065 $112,460
2016 $2,115 $677,525 $565,065 $112,460
2015 $2,048 $677,525 $565,065 $112,460
2014 $2,389 $791,231 $666,360 $124,871
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100007417

Hive MLS

APN: 5393.07.58.7698000