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5418 Ocean Dr

Emerald Isle, NC 28594

4 bd 3 ba 2,127 sqft Built 1971 Lot 13,504 sqft multi_family
Most recent sale
$615,000
Mar 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 3, 2022 Sold $615,000 MLS #100284104
Oct 23, 2021 Price changed $595,000 MLS #100284104
Aug 2, 2021 Listed $625,000 MLS #100284104
Jan 22, 2016 Listing removed $795 NCRCarteret
Sep 20, 2012 Listing removed $795 NCRCarteret
Aug 22, 2012 Listed for rent $795 NCRCarteret

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $927,603 $478,500 $1,406,103 $5,073
2024 $927,603 $478,500 $1,406,103 $4,496
2023 $127,568 $490,050 $617,618 $3,428
2022 $127,568 $490,050 $617,618 $3,347
2021 $127,568 $490,050 $617,618 $3,275
2020 $127,568 $490,050 $617,618 $3,265
2019 $144,704 $335,775 $480,479 $1,504
2018 $144,704 $335,775 $480,479 $1,504
2017 $144,704 $335,775 $480,479 $1,504
2016 $144,704 $335,775 $480,479 $1,504
2015 $144,704 $335,775 $480,479 $1,456

Property facts

Year built
1971
Property type
multi_family
Stories
2
Beds
4
Baths
3
Living area
2,127 sqft
Lot size
13,504 sqft
ZIP code
28594
City
Emerald Isle
Street
Ocean Dr
Coordinates
34.67119, -76.98839

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,871
Gross rental yield
5.60%
Implied cap rate
3.64%
Trend-extrapolated value

Frequently asked questions

When did 5418 Ocean Dr last sell?
5418 Ocean Dr most recently sold on Mar 3, 2022 for $615,000.
What is the current tax assessment for 5418 Ocean Dr?
The most recent total assessment for 5418 Ocean Dr (year 2025) is $1,406,103 with $5,073 in property tax.
How does 5418 Ocean Dr's assessment compare to its last sale price?
The current assessment is 128.6% above the last sale price of $615,000.
When was 5418 Ocean Dr built?
5418 Ocean Dr was built in 1971.
How does 5418 Ocean Dr compare to others on Ocean Dr?
We track 8 other properties on Ocean Dr. Browse the list under "Other properties on Ocean Dr" to compare beds, baths, and sale history.
What are the property facts for 5418 Ocean Dr?
5418 Ocean Dr is a 4 bed, 3 bath, 2,127 sqft, 13,504 sqft lot multi_family.
Is 5418 Ocean Dr a flip candidate?
No — 5418 Ocean Dr does not appear in our flips dataset.
Is 5418 Ocean Dr a tax-appeal candidate?
Yes — 5418 Ocean Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.2%
Implied 1-yr
+24.9%
2026 Q3
$1.19M
2026 Q4
$1.24M
ZIP 28594 — Median Price History + Forecast

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