NOT LISTED FOR SALE

Estimated Value: $708,000 - $1,046,000

4 Beds
3 Baths
2,325 Sq Ft
$373/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $325,000 $140 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $4,042/month

73 Days on Market

Highlights

  • 132 Feet of Waterfront
  • Contemporary Architecture
  • Furnished
  • Views of a Sound
  • Sun or Florida Room
  • 1-minute walk to Sound Park

About This Home

As of July 2018

SOUNDFRONT ... AMAZING AND FANTASTIC CAROLINA SUNSETS OVER THE ALBEMARLE SOUND ... PEACE, QUIET, SUN, WARMTH ... A WONDERFUL PLACE TO LIVE AND MAKE A HOME! LOCATED IN CYPRESS POINTE II WITH BEAUTIFUL HOMES SURROUNDING ... AND GREAT NEIGHBORS *** TWO FRONT ENTRIES ... ONE INTO THE KITCHEN WHICH IS WHERE FRIENDS AND FAMILY WILL ENTER, AND THE MORE FORMAL SPACIOUS FRONT ENTRY W/ SEATING AREA *** ONCE YOU ENTER INTO THE MAIN LIVING AREA THE VERY FIRST THING YOU WILL BE DRAWN TO IS THE SPACIOUS SOUNDFRONT LIVING ROOM W/ NEWER DOUBLE SLIDING GLASS DOORS FOR MAXIMUM GLASS AND FABULOUS SOUND VIEWS! HUGE SOUNDFRONT SCREENED PORCH ENTRY FROM LIVING ROOM NORTH SIDE * THERE IS BRICK WALL ON LEFT WITH A WOOD BURNING FIREPLACE & BUILT-IN ENTERTAINMENT CENTER - THIS WALL SEPARATES THE LIVING AND DINING ROOM, SO WHEN YOU WALK AROUND IT YOU WILL FIND YOURSELF IN THE ALMOST EQUALLY AS SPACIOUS DINING AREA ... ALSO W/ 2 NEWER SLIDING GLASS DOORS FOR FABULOUS SOUND VIEWS, AND SIDE ENTRY DOOR TO TRELLIS COVERED SOUNDFRONT SUN DECK *** KITCHEN FEATURES COZY SPACES W/ UPDATED APPLIANCES & CABINETS/COUNTERS & BREAKFAST BAR WITH SOUNDVIEWS! PANTRY! *** BEDROOMS: TWO ARE MAIN (ONE OF WHICH IS SOUNDFRONT!) BEDROOMS W/ FULL BATHS *** TOTAL OF THREE BEDROOMS AND THREE FULL BATHS *** HOME HAD PREVIOUS MAJOR UPDATE SO HOME EFFECTIVE AGE IS MORE LIKE 1989 *** GARAGE IS LOCATED ON SOUTH END OF HOME & IS SPACIOUS! NOTE ON SURVEY THAT TURNING RADIUS INTO SOUTH ENTRY GARAGE IS LIMITED. WHEN THE HOME WAS BUILT IT WAS A PART OF A LARGER TRACT AND SO THIS WAS NOT AN ISSUE. AT SOME POINT THE ADJACENT SOUTH TRACT WAS SUBDIVIDED OFF AND IN SO DOING DID NOT LEAVE A WIDE ENOUGH SIDE YARD PROPERTY LINE TO ALLOW A COMFORTABLE TURNING RADIUS. IT HAS NEVER BEEN AN ISSUE FOR THE OWNERS, BUT IF A FUTURE OWNER PREFERS THEY COULD LIKELY RE-CONFIGURE THE GARAGE ENTRY TO THE FRONT OF THE HOME WHICH WOULD BE MORE USER FRIENDLY *** YARD IS ABSOLUTELY GORGEOUS ... APPROXIMATELY 95 FEET ON ROAD X 319 FEET NORTH LINE, 137 FEET ON WATER X 340 SOUTH LINE FOR TOTAL OF APPROXIMATELY 37,663 SQUARE FEET LAND ... WATERFRONT IS BULKHEADED -AND- WITH RIP RAP FOR EXTRA PROTECTION ... IT IS POSSIBLE TO ADD A PIER AND BOAT SLIP *** UPDATES INCLUDE BUT NOT LIMITED TO: HVAC UPDATED 2015 * ALL NEW SEPTIC TANK AND DRAINFIELD RELOCATED 2016 * WELL PUMP REPLACED 2015 * MAIN ROOF NEW 2009, RUBBER ROOF OVER SCREEN PORCH NEW 2012 *** LARGE SHED IN FRONT YARD *** SHORT DRIVE TO THE CURRITUCK SOUND PARK WITH SOFTBALL FIELDS, PICNIC TABLES, REST ROOMS & 2 BOAT RAMPS AND HUGE PARKING *** SUNSETS ARE AMAZING, VIBRANT, SURREAL ... THE KIND OF FEELING YOU GET WHEN YOU WITNESS A MIRACLE OF NATURE! THE HOME NEXT DOOR HASBEEN / IS OFFERED IN THE $800K RANGE ... THE VALUE OF THIS PROPERTY IS IN THE LAND TO BE SURE ... BUT WITH THIS PROPERTY YOU ALSO HAVE A HOME WHICH IS VERY LIVABLE! *** WOULD BE A GOOD PERMANENT RESIDENCE, OR SECOND HOME. COULD EVEN BE A GREAT YEAR ROUND RENTAL INVESTMENT. THE VALUE IS IN THE WATERFRONT LAND ... ANYONE PURCHASING THIS PROPERTY TODAY COULD ENJOY THE HOME THAT IS THERE FOR NOW AND THEN WHEN READY BUILD A NEW HOME ... COME SEE!

Last Agent to Sell the Property

John Leatherwood

Coldwell Banker Seaside Realty KH License #86507 Listed on: 03/09/2018

Coldwell Banker Seaside Realty KH

Co-Listed By

Lisa Strydom

Coldwell Banker Seaside Realty KH License #249050

Last Buyer's Agent

Karen Etheridge

Sun Realty - Kitty Hawk / Currituck License #192289

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,052

Year Built

  • Built in 1955

Lot Details

  • 0.86 Acre Lot
  • 132 Feet of Waterfront
  • Home fronts a sound
  • Property fronts a private road
  • Level Lot

HOA Fees

  • $27 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Low Country Architecture
  • Brick Exterior Construction
  • Masonry Perimeter Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Shake Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,325 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Sun or Florida Room
  • Screened Porch
  • Views of a Sound

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Off-Street Parking

Outdoor Features

  • Sun Deck
  • Patio
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 15

Community Details

Overview

  • Association fees include road maintenance
  • Cypress Pt II Subdivision

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,052

Year Built

Built in 1955

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Ranch, Low Country
  • Directions: 158 CARATOKE HIGHWAY, WEST ON EDGEWATER, RIGHT ON HARBINGER RIDGE RD, IMMEDIATE LEFT ON REGGIE OWENS, RIGHT ON WATERSIDE, HOME ON LEFT ...
  • Extras: Ceiling Fan(s), Outside Lighting, Patio, Screened Porch, Smoke Detector(s), Storm Doors, Sun Deck, Dry Entry
  • Flood Zone: AE
  • Subdivision Name: CYPRESS POINT II
  • Headline: HUGE SOUNDFRONT LAND!
  • Heated Sq Ft: 2325
  • L V T Date: 03/09/2018
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: R
  • Deed Book Pg Number: 741
  • Office License Number: C7166
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Bedroom 1: MASTER, On Level: 1
  • Bedroom 2: YES, On Level: 2
  • Bedroom 3: MASTER 2, On Level: 1
  • Bedroom 4: NICE, On Level: 1
  • Kitchen: NICE, On Level: 1
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile
  • Foundation: Masonry
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Ice Maker Connection, Ensuite, Pantry, Some Windows Treated, Washer Connection, Wood Fireplace
  • Dining Room: NICE, On Level: 1
  • Living Room: HUGE VIEWS, On Level: 1
  • Optional Rooms: Sun/Florida Room

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Brick, Lap Siding, Shakes, Vinyl, Wood
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: 10 X 20
  • Street Frontage: 94
  • View: Sound
  • Water Frontage: 132

Garage/Parking

  • Garage: 2 Car, Attached
  • Garage Sq Ft: 650
  • Parking: Off Street

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Well

Condo/Co-op/Association

  • HOA Fee Includes: Road Maintenance
  • Association Amenities: Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 325
  • Home Owner Dwelling Insurance: 738

Lot Info

  • Estimated Lot Sq Ft: 37663
  • Lot Description: Bulkheaded, Level, Water Frontage
  • Lot Faces: WEST
  • Lot Size: 37663 SF
  • Lot Number: Lot 15
  • Estimated Lot Size: 0.86
  • Deed Book: 452

Rental Info

  • Est Annual Rental Income: 24000
  • Estimated Rental Performance: 0.0738
  • Flood Expenses: 2064

Building Info

  • Year Built: 1955

Tax Info

  • Year: 2017
  • Taxes: 2051.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2018
Closed on
Jun 25, 2018
Sold by
Magyar John M and Magyar Heidi E
Bought by
Welch Mark X and Stephenson Mary Patricia
Seller's Agent
John Leatherwood
Coldwell Banker Seaside Realty KH
Buyer's Agent
Karen Etheridge
Sun Realty - Kitty Hawk / Currituck
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Current Estimated Value
$709,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,361
Avg. Annual Appreciation
13.94%

Purchase Details

Closed on
Jan 21, 1999
Bought by
Magyar, John M Trustee
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
Welch Mark X $325,000 None Available
Magyar, John M Trustee $235,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2018 07/06/18 Sold $325,000 -7.1% $140 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $349,900 -- $150 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $3,677 $532,900 $215,100 $317,800
2024 $3,677 $532,900 $215,100 $317,800
2023 $3,329 $532,900 $215,100 $317,800
2022 $2,771 $532,900 $215,100 $317,800
2021 $2,763 $492,000 $199,200 $292,800
2020 $2,589 $492,000 $199,200 $292,800
2019 $2,079 $366,300 $173,300 $193,000
2018 $2,088 $394,000 $201,000 $193,000
2017 $2,052 $394,000 $201,000 $193,000
2016 $2,052 $394,000 $201,000 $193,000
2015 $2,005 $394,000 $201,000 $193,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99580

Outer Banks Association of REALTORS®

APN: 125B-000-0015-0000