NOT LISTED FOR SALE

7313 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $1,071,000 - $2,654,000

5 Beds
4 Baths
2,750 Sq Ft
$661/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $1,050,000 $382 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $10,237/month

466 Days on Market

Highlights

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

About This Home

As of August 2019

Stunning oceanfront 3 story 5BR 4BA single-family home in the exclusive Oakland Hills Subdivision of Emerald Isle. This home is perfect for entertaining and enjoying the beach with lots of family and friends. Relish your time enjoying the outdoors by selecting either of the 2 large decks, covered gazebo or the beach. Great opportunity for an investor to purchase a beach estate with a proven rental history. Lot's of updates! New granite counter-tops, interior freshly painted with new roof. This is a classic waterfront beach cottage.

Last Agent to Sell the Property

Benjamin Perkins

Century 21 Coastal Advantage License #300152 Listed on: 03/01/2018

Century 21 Coastal Advantage

Last Buyer's Agent

Martha Martin

Sun-Surf Realty License #231759

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,102

Year Built

  • Built in 1978

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 75 x 255
  • Ocean Front
  • Property is zoned VE

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,750 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Fire and Smoke Detector
  • Laundry in Kitchen

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Ocean Side of Freeway
  • Deck
  • Gazebo
  • Porch

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 5393.06.48.8338000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,102

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone, Wood Frame, Concrete
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1978
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Walk-In Closet, Furnished, Pantry
  • Laundry Location: Kitchen
  • List Price per Sq Ft: 426.91
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 5
  • Number Rooms: 8
  • Sq Ft Heated: 2750.00
  • Total Heated Primary Separate Sq Ft: 2750.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Gazebo, Shower
  • Fencing: None
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site, Paved

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Septic On Site
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Schools

  • School District: Carteret

Lot Info

  • Deed Page: 60.00
  • Lot Acres: 0.44
  • Lot Dimensions: 75 x 255
  • Lot Sq Ft: 19123.00
  • Lot Water Features: Ocean Side
  • Zoning: VE
  • Lot View Type: Ocean View, Water View

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 5393.06.48.8338000
  • Tax Year: 2017

MLS Schools

  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2018
Closed on
Jul 19, 2019
Sold by
Howell Gordon Reece
Bought by
Cobblestone Properties Llc
Seller's Agent
Benjamin Perkins
Century 21 Coastal Advantage
Buyer's Agent
Martha Martin
Sun-Surf Realty
List Price
$1,250,000
Sold Price
$1,050,000
Premium/Discount to List
-$200,000
-16%
Current Estimated Value
$1,817,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$767,522
Avg. Annual Appreciation
9.35%
Original Mortgage
$1,500,000
Outstanding Balance
$1,313,592
Interest Rate
3.8%
Mortgage Type
Commercial
Estimated Equity
$503,930

Purchase Details

Closed on
Nov 9, 2007
Sold by
Doebler Steven W and Doebler Maria C
Bought by
Howell Gordon Reece and Howell Irene Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2005
Sold by
Howell Gordon Reece and Howell Irene Smith
Bought by
Doebler Steven W and Doebler Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
1.25%
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
Cobblestone Properties Llc $1,050,000 None Available
Howell Gordon Reece $1,500,000 None Available
Doebler Steven W $1,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cobblestone Properties Llc $1,500,000
Previous Owner Howell Gordon Reece $1,200,000
Previous Owner Doebler Steven W $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $1,050,000 -16.0% $382 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
03/01/2018 03/01/18 For Sale $1,250,000 -- $455 / 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 $7,102 $1,894,666 $1,381,800 $512,866
2024 $6,119 $1,049,658 $712,125 $337,533
2023 $5,791 $1,049,658 $712,125 $337,533
2022 $5,906 $1,049,658 $712,125 $337,533
2021 $0 $1,049,658 $712,125 $337,533
2020 $5,709 $1,036,012 $712,125 $323,887
2019 $2,552 $818,273 $550,710 $267,563
2017 $2,552 $818,273 $550,710 $267,563
2016 $2,552 $818,273 $550,710 $267,563
2015 $2,470 $818,273 $550,710 $267,563
2014 $2,884 $956,457 $649,080 $307,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100103387

Hive MLS

APN: 5393.06.48.8338000