NOT LISTED FOR SALE

7220 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $729,000 - $1,189,000

5 Beds
3 Baths
1,300 Sq Ft
$788/Sq Ft Est. Value

Last Sold May 08, 2017

Last sale price $480,000 $369 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $5,848/month

1,065 Days on Market

Highlights

  • Ocean View
  • Ocean Side of Freeway
  • Main Floor Primary Bedroom
  • White Oak Elementary School Rated A-
  • Deck
  • Furnished

About This Home

As of May 2017

Adorable 2nd row beach cottage with great views and beach access nearby.Popular beach floor plan with 4 bedrooms, 2 baths and open great room and kitchen on the main level and a one bedroom apartment on the lower level.Recently remodeled with new flooring, counters, all new paint and furnishings. Located within walking distance to shops and restaurants and only 2 miles to the Emerald Isle Marina. Comes fully furnished and ready for the upcoming rental season.Rentals of $25,000/year with many owner occupied weeks.

Last Agent to Sell the Property

Kitch Ayre

Kitch Ayre Real Estate License #165043 Listed on: 04/21/2014

Last Buyer's Agent

Heather Singleton

Emerald Isle Realty License #236652

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 1977

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75 x 154 x 75 x 146

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Great Room
  • Combination Dining and Living Room
  • Ocean Views
  • Hurricane or Storm Shutters

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Bedroom Suite
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Ocean Side of Freeway
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Oakland Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 539307584873000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,200

Year Built

Built in 1977

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: 2.0
  • Stories Levels: Two
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Apt/Suite, Furnished, Ceiling Fan(s)
  • Laundry Location: Closet
  • List Price per Sq Ft: 376.85
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 5
  • Number Rooms: 8
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: First
  • Great Room Level: Second
  • Kitchen Level: Second
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 1300.00
  • Total Heated Primary Separate Sq Ft: 1300.00

Exterior Features

  • Exterior Features: Shutters - Board/Hurricane
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Septic On Site

Association/Amenities

  • HOA: No

Schools

  • School District: Carteret

Lot Info

  • Deed Page: 160.00
  • Lot Acres: 0.25
  • Lot Dimensions: 75 X 154 X 75 X 146
  • Lot Sq Ft: 10890.00
  • Lot Water Features: Ocean Side, Second Row
  • Plat Book: 76
  • Plat Page: 13
  • Zoning: residential
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 539307584873000
  • Tax Year: 2015
  • Total Real Estate Property Taxes: 2200.00

MLS Schools

  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2014
Closed on
May 1, 2017
Sold by
Lenker David Ashley and Lenker Kathryn Ann
Bought by
Sprague Joseph D and Sprague Ella Denise
Seller's Agent
Kitch Ayre
Kitch Ayre Real Estate
Buyer's Agent
Heather Singleton
Emerald Isle Realty
List Price
$599,900
Sold Price
$480,000
Premium/Discount to List
-$119,900
-19.99%
Current Estimated Value
$1,024,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$544,585
Avg. Annual Appreciation
10.08%
Original Mortgage
$330,000
Outstanding Balance
$273,244
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$795,090

Purchase Details

Closed on
Aug 29, 2007
Sold by
Lenker David K and Lenker Deborah A
Bought by
Lenker David K and David K Lenker Jr Revocable Declaration

Purchase Details

Closed on
Sep 20, 2004
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
Sprague Joseph D $480,000 None Available
Lenker David K -- None Available
Lenker Deborah A -- None Available
-- $527,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sprague Joseph D $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2017 05/08/17 Sold $480,000 -20.0% $369 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
04/21/2014 04/21/14 For Sale $599,900 -- $461 / 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
2024 $3,306 $575,765 $399,000 $176,765
2023 $3,218 $575,765 $399,000 $176,765
2022 $3,140 $575,765 $399,000 $176,765
2021 $0 $575,765 $399,000 $176,765
2020 $3,062 $575,765 $399,000 $176,765
2019 $1,348 $429,940 $281,400 $148,540
2017 $1,348 $429,940 $281,400 $148,540
2016 $1,348 $429,940 $281,400 $148,540
2015 $1,305 $429,940 $281,400 $148,540
2014 $1,522 $502,459 $343,140 $159,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 11401936

Hive MLS

APN: 5393.07.58.4873000