NOT LISTED FOR SALE

7401 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $1,086,000 - $2,247,708

5 Beds
4 Baths
2,100 Sq Ft
$822/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $982,500 $468 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $9,853/month

508 Days on Market

Highlights

  • Ocean Front
  • Deck
  • No HOA
  • White Oak Elementary School Rated A-
  • Vaulted Ceiling
  • Central Air

About This Home

As of January 2021

Make it your Dream Home. Handsome Carolina Beachfront cottage with plenty of space for everyone. Large kitchen/ great room, with vaulted ceilings, overlooks the beach with an additional large separate great room (with vaulted ceilings). This well built original duplex converted to single family has a 2 car enclosed garage space and plenty of deck space for entertaining. Beautiful large lot - over half acre - Excellent location, close to everything Emerald Isle has to offer- shopping, restaurants, entertainment, bike paths, history, etc...Fully furnished. Great rental history.

Last Agent to Sell the Property

Mike Lucas

Crystal Coast Realty Group License #308826 Listed on: 07/19/2019

Last Buyer's Agent

Barbara Johnson

Libby Booker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 20,996 Sq Ft Lot
  • Lot Dimensions are 75x301x75x305
  • Ocean Front
  • Dunes
  • Property is zoned Multifamily

Home Design

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

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Ocean Views

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Unpaved Parking

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Jefferson Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5393.06.48.2119000

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0.48 Acres

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • List Priceper Sq Ft: 521.43
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Waterview: Yes
  • Year Built: 1980
  • Lot View Type: Ocean View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl, Laminate
  • Interior Amenities: Ceiling - Vaulted
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 5
  • Sq Ft Heated: 2100.00
  • Stories: 1.0
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 2100.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Fiber Cement, Wood Siding
  • Fencing: None
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Road Frontage Type: Ocean Front

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Unpaved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heated Sq Ft: 2000 - 2199
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Septic On Site

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: See Remarks

Lot Info

  • Cobra Zone: No
  • Deed Page: 188.00
  • Lot Acres: 0.48
  • Lot Description: Dunes
  • Lot Dimensions: 75x301x75x305
  • Lot Sq Ft: 20996.00
  • Zoning: Multifamily

Tax Info

  • Tax Identifier: 5393.06.48.2119000
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2019
Closed on
Jan 15, 2021
Sold by
Lucas Tony and Kathryn S Lucas 2012 Childrens
Bought by
Moore Paul Andrew and May Melyssa Ellen
Seller's Agent
Mike Lucas
Crystal Coast Realty Group
Buyer's Agent
Barbara Johnson
Libby Booker Realty
List Price
$1,395,000
Sold Price
$982,500
Premium/Discount to List
-$412,500
-29.57%
Current Estimated Value
$1,726,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$744,403
Avg. Annual Appreciation
11.50%
Original Mortgage
$237,750
Interest Rate
2.71%

Purchase Details

Closed on
Dec 27, 2012
Sold by
Lucas Kathryn S and Lucas Tony
Bought by
Lucas Tony and Kathryn S Lucas 2012 Childrens Trust

Purchase Details

Closed on
Oct 20, 2005
Sold by
Poore Everett and Poore Paige
Bought by
Lucas Properties Llc

Purchase Details

Closed on
Feb 6, 2003

Purchase Details

Closed on
Nov 29, 2000

Purchase Details

Closed on
Feb 1, 1996
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
Moore Paul Andrew $982,500 None Available
Moore Paul Andrew $982,500 None Listed On Document
Moore Paul Andrew $982,500 None Listed On Document
Lucas Tony -- None Available
Lucas Kathryn S -- None Available
Lucas Tony -- None Available
Lucas Properties Llc $1,500,000 None Available
-- $495,000 --
-- -- --
-- $102,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Moore Paul Andrew $237,750
Open Moore Paul Andrew $548,250
Closed Moore Paul Andrew $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2021 01/25/21 Sold $982,500 -10.3% $468 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
11/27/2020 11/27/20 Price Changed $1,095,000 -21.5% $521 / Sq Ft
07/19/2019 07/19/19 For Sale $1,395,000 -- $664 / Sq Ft
Source: Hive MLS

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 $7,517 $2,012,376 $1,409,800 $602,576
2024 $6,089 $1,044,130 $724,500 $319,630
2023 $6,296 $1,044,130 $724,500 $319,630
2022 $6,151 $1,044,130 $724,500 $319,630
2021 $6,027 $1,044,130 $724,500 $319,630
2020 $6,007 $1,044,130 $724,500 $319,630
2019 $2,584 $828,563 $560,280 $268,283
2017 $2,584 $828,563 $560,280 $268,283
2016 $2,584 $828,563 $560,280 $268,283
2015 $2,501 $828,563 $560,280 $268,283
2014 $2,808 $931,010 $660,960 $270,050
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mike Lucas

    Crystal Coast Realty Group

    Section Image

  • B

    Buyer's Agent in 2021

    Barbara Johnson

    Libby Booker Realty

See All Agents

Map

Source: Hive MLS

MLS Number: 100176467

Hive MLS

APN: 5393.06.48.2119000

North Carolina Carteret County Emerald Isle 28594

7401 Ocean Dr, Emerald Isle, NC

Not Listed for Sale

Detached

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