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7311 Ocean Dr

Emerald Isle, NC 28594

8 bd 8 ba 3,898 sqft Built 1996 Lot 19,166 sqft multi_family
Most recent sale
$2,300,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $2,300,000 MLS #100343730
Aug 15, 2022 Listed $2,300,000 MLS #100343730

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $593,725 $504,000 $1,097,725 $4,296
2024 $593,725 $504,000 $1,097,725 $3,952
2023 $652,240 $652,240 $3,864
2022 $652,240 $652,240 $3,779
2021 $652,240 $652,240 $3,704
2020 $652,240 $652,240 $3,694
2019 $584,000 $584,000 $1,825
2018 $584,000 $584,000 $1,825
2017 $584,000 $584,000 $1,825
2016 $584,000 $584,000 $1,825
2015 $584,000 $584,000 $1,767

Property facts

Year built
1996
Property type
multi_family
Stories
2
Beds
8
Baths
8
Living area
3,898 sqft
Lot size
19,166 sqft
ZIP code
28594
City
Emerald Isle
Street
Ocean Dr
Coordinates
34.66391, -77.02118

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
$13,800
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7311 Ocean Dr last sell?
7311 Ocean Dr most recently sold on Sep 30, 2022 for $2,300,000.
What is the current tax assessment for 7311 Ocean Dr?
The most recent total assessment for 7311 Ocean Dr (year 2025) is $1,097,725 with $4,296 in property tax.
How does 7311 Ocean Dr's assessment compare to its last sale price?
The current assessment is 52.3% below the last sale price of $2,300,000.
When was 7311 Ocean Dr built?
7311 Ocean Dr was built in 1996.
How does 7311 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 7311 Ocean Dr?
7311 Ocean Dr is a 8 bed, 8 bath, 3,898 sqft, 19,166 sqft lot multi_family.
Is 7311 Ocean Dr a flip candidate?
No — 7311 Ocean Dr does not appear in our flips dataset.
Is 7311 Ocean Dr a tax-appeal candidate?
No — 7311 Ocean Dr is not currently flagged as a tax-appeal candidate.

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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