NOT LISTED FOR SALE

Estimated Value: $2,122,000 - $2,585,000

7 Beds
7 Baths
4,100 Sq Ft
$590/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $1,650,000 $402 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $14,180/month

273 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Cathedral Ceiling
  • Ocean View
  • Coastal Architecture
  • Wood Flooring

About This Home

As of July 2020

SEASIDE HOME WITH COASTAL CHARM in an X Flood Zone (no flood insurance required). Egret's Landing is a generous income producer with $173,210 booked in 2019; generating a 10% G.R.O.I. 2020 already has 18 weeks booked at a total of $163,640, with 6 to 7 weeks left to reserve. That's with a weekly rate increase. With sellers limiting the calendar and not allowing dogs, there's definitely room for improved income and generate closer to a 11 to 12% R.O.I. Thoughtfully re-designed and remodeled ending in May 2018. Egret's Landing is a stunning 7 bedroom (all master suites) 7 bath home with expansive ocean views and a private saltwater heated pool. The soft and clean color palette and stunning decor, create the perfect seaside back drop. Perched on a high dune with 100 ft. of ocean frontage on an uncrowded beach. Year built was 1992, but effective age is 2018. Recent upgrades to exterior include; new landscaping, new pool heater and saltwater filter system, fire pit, all new decking around pool and porches, composite handrails, brand new septic in 2018, new well-pump for landscaping and pool (keeps water bill low), and detached outdoor storage building. The interior was renovated & reconfigured starting with a brand new granite countertops, Kitchen Aid stainless steel appliances, and tile backsplash. The great room is a show stopper with a 2 story window wall capturing fantastic ocean views, new gas fireplace with stack stone face, all accented with newer classic coastal furnishings and decor. A 3 season room was added just off the great room and perfect for morning coffee or dinners seaside. The bedrooms include a paneled wainscoting, amazing ocean views from most every room, new carpet, and all bathrooms have new granite countertops, faucets, new vanities (in 4 baths), custom tile showers (in most), and all new faucets. One of the master suites has it's own sitting room with breathtaking views of the Atlantic Ocean and white sandy beaches. Most outdoor furniture is made by Carolina Casuals and Nags Head Hammocks. All upholstered furniture in living room is low maintenance Sunbrella.Rentals***** To view short property video copy and paste link below: https://www.dropbox.com/s/zxlrztap4c1m5aa/1049%20Lighthouse%20Drive-Unbranded.mp4?dl=0 To view aerial drone video copy and paste link below: https://youtu.be/M2n-otKQ1Fw

Last Agent to Sell the Property

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 09/02/2019

Coldwell Banker Seaside Realty - KDH

Last Buyer's Agent

Tammy Johnson

Island Life Realty License #278552

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,241

Year Built

  • Built in 1992

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Beach Front
  • 100 Feet of Waterfront
  • Level Lot

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 4,100 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 7 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Pool

  • In Ground Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 1

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,241

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Jet Tub, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Headline: $163,640 Already booked 2020
  • Heated Sq Ft: 4100
  • L V T Date: 09/02/2019
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Advertised Income 2020: 163640
  • Deed Book Pg Number: 583
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Disposal, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer
  • Bedrooms: 7
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Walk in Closet, Washer Connection
  • Optional Rooms: Shipswatch

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean
  • Water Frontage: 100

Garage/Parking

  • Garage: 2 Car, Carport
  • Parking: Paved

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Beach Frontage, Level, Water Frontage
  • Lot Faces: E
  • Lot Size: 100x200
  • Lot Number: Lot 1
  • Estimated Lot Size: 0.46
  • Deed Book: 1398

Rental Info

  • Est Annual Rental Income: 198965
  • Estimated Rental Performance: 0.1206
  • Lease Terms: Weekly
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Egret's Landing
  • Rental Cottage Number: 051
  • Rental Phone Number: 252-261-3934
  • Rental Turnover Day: Sunday
  • Rental Contact Email: elaine.breiholz@carolinadesigns.com
  • Rental Contact Name: Elaine Breiholz

Building Info

  • Year Built: 1992

Tax Info

  • Year: 2019
  • Taxes: 9241.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2019
Closed on
Jul 13, 2020
Sold by
Ejz Profit Sharing Plan
Bought by
Greene Donald Andrew and Greene Emily Rogell
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Tammy Johnson
Island Life Realty
List Price
$1,749,900
Sold Price
$1,650,000
Premium/Discount to List
-$99,900
-5.71%
Current Estimated Value
$2,418,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$768,208
Avg. Annual Appreciation
7.55%

Purchase Details

Listed on
May 18, 2016
Closed on
Feb 28, 2017
Sold by
Lombardi Karen T and Lombardi Richard J
Bought by
Ejz Profit Sharing Plan
Seller's Agent
Rick Drumm
Beach Realty & Construction
Buyer's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
List Price
$1,341,900
Sold Price
$1,059,000
Premium/Discount to List
-$282,900
-21.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.11%

Purchase Details

Closed on
Jan 20, 2010
Sold by
Lombardi Richard J and Lombardi Karen T
Bought by
Lombardi Karen T and Lombardi Richard J
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
Greene Donald Andrew $1,650,000 None Available
Ejz Profit Sharing Plan $1,059,000 None Available
Lombardi Karen T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greene Emily Rogell $645,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2020 07/16/20 Sold $1,650,000 -2.9% $402 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
02/06/2020 02/06/20 Price Changed $1,699,990 -2.9% $415 / Sq Ft
09/02/2019 09/02/19 For Sale $1,749,900 +65.2% $427 / Sq Ft
03/06/2017 03/06/17 Sold $1,059,000 -21.1% $301 / Sq Ft
01/21/2017 01/21/17 Pending -- -- --
05/18/2016 05/18/16 For Sale $1,341,900 -- $381 / 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
2024 $13,271 $1,548,400 $1,094,800 $453,600
2023 $13,271 $1,547,100 $1,094,800 $452,300
2022 $11,185 $1,546,600 $1,094,800 $451,800
2021 $11,154 $1,251,600 $833,000 $418,600
2020 $9,256 $1,251,600 $833,000 $418,600
2019 $9,241 $1,251,600 $833,000 $418,600
2018 $8,495 $1,162,600 $833,000 $329,600
2017 $7,865 $1,162,600 $833,000 $329,600
2016 $7,923 $1,162,600 $833,000 $329,600
2015 $7,923 $1,162,600 $833,000 $329,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 106425

Outer Banks Association of REALTORS®

APN: 115A-000-0001-0005