NOT LISTED FOR SALE

1050 New River Inlet Rd North Topsail Beach, NC 28460

Estimated Value: $985,778 - $1,222,000

3 Beds
3 Baths
2,067 Sq Ft
$531/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $888,000 $430 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,344/month

29 Days on Market

Highlights

  • Ocean Front
  • 0.41 Acre Lot
  • Main Floor Primary Bedroom
  • Ocean Side of Freeway
  • Deck
  • 1 Fireplace

About This Home

As of June 2022

This lovely oceanfront home is a rental machine with an established rental history. There are $92,054 currently booked in rentals for 2022. Gross rents of $83,385 in 2021 and $76,401 in 2020. Great location, just a quick stroll, bike or ride from the fishing pier. Incredible ocean views from two covered oceanfront decks. This property has a reverse floor plan with a spacious great room, kitchen and one bedroom on the top floor. Three bedrooms on the middle floor and one bedroom on the first floor. There are a total of 5 rooms currently in use in bedrooms, all with closets, although the tax records and Pluris permit call this home a 3 bedroom. New vinyl plank flooring just installed in all bathrooms, hallway and kitchen. Stainless appliances in the kitchen and an electric fireplace to add to the ambiance in the great room. You are getting a lot of home for the money. Garage floor was replaced after Florence with a permitted and inspected floor system. The floor system was not designed for supporting cars but it could be reinforced to do so. However, there is plenty of room for parking on the extra long concrete driveway. The garage area currently serves as an awesome game room with a ping pong table and cornhole. It provides ample storage as well.

Last Agent to Sell the Property

Tenley Grazioli

Ocean Life Realty License #213144 Listed on: 04/15/2022

Last Buyer's Agent

Kristen L Wethington

Island Real Estate, Inc. License #305936

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,509

Year Built

  • Built in 1995

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 65x270x65x244
  • Property fronts a marsh
  • Ocean Front
  • Property is zoned R-10

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Reverse Style Home
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,067 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Ocean Side of Freeway
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association
  • Ocean Cay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 774g-3

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,509

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: Yes
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1995
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, LVT/LVP
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Ceiling Fan(s), Reverse Floor Plan, Walk-in Shower, Furnished
  • Laundry Location: Closet
  • List Price per Sq Ft: 434.93
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Sq Ft Heated: 2067.00
  • Total Heated Primary Separate Sq Ft: 2067.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Other See Remarks: See remarks.
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Stove/Oven - Electric, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Jones-Onslow EMC
  • Service Providers Sewer Provider: Pluris LLC
  • Service Providers Water Provider: Onslow Water Authority
  • Utilities: Municipal Sewer Available, Private Sewer
  • Water Heater: Electric
  • Internet Service Provider: Spectrum
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: Onslow

Lot Info

  • Deed Page: 329.00
  • Lot Acres: 0.41
  • Lot Dimensions: 65x270x65x244
  • Lot Sq Ft: 17685.00
  • Lot Water Features: Ocean Side
  • Plat Book: 26
  • Plat Page: 141
  • Zoning: R-10
  • Lot View Type: Marsh View, Water View, Sound View, Ocean View

Rental Info

  • Rental Income Gross Rental Income: 90415.28

Tax Info

  • Tax Identifier: 774g-3
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 4508.67

MLS Schools

  • School District: Onslow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
Jun 21, 2022
Sold by
Randall Roderick K and Randall Denise L
Bought by
Scillicrting Edward S and Knight Nikole
Seller's Agent
Tenley Grazioli
Ocean Life Realty
Buyer's Agent
Kristen L Wethington
Island Real Estate, Inc.
List Price
$950,000
Sold Price
$888,000
Premium/Discount to List
-$62,000
-6.53%
Current Estimated Value
$1,096,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,593
Avg. Annual Appreciation
6.99%
Original Mortgage
$488,000
Outstanding Balance
$464,990
Interest Rate
5.1%
Mortgage Type
Balloon
Estimated Equity
$640,931

Purchase Details

Listed on
Jan 2, 2015
Closed on
Feb 5, 2015
Sold by
The Bank Of New York Mellon
Bought by
Randall Roderick K and Randall Denise L
Seller's Agent
Susie Montag
Choice Jacksonville Realty
Buyer's Agent
Tenley Grazioli
Ocean Life Realty
List Price
$324,800
Sold Price
$328,650
Premium/Discount to List
$3,850
1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.52%
Original Mortgage
$262,920
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2015
Closed on
Jan 14, 2015
Sold by
Howard Robert J and Howard Deanna
Bought by
The Bank Of New York Mellon
Seller's Agent
Susie Montag
Choice Jacksonville Realty
Buyer's Agent
Tenley Grazioli
Ocean Life Realty
List Price
$324,800
Sold Price
$328,650
Premium/Discount to List
$3,850
1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,920
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2005
Sold by
Nobel Loretta S
Bought by
Howard Robert J and Howard Deanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
5.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Scillicrting Edward S $888,000 Hardin & Chaban Pc
Randall Roderick K $329,000 None Available
The Bank Of New York Mellon $1,078,008 None Available
Howard Robert J $825,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scillicrting Edward S $488,000
Previous Owner Randall Roderick K $262,920
Previous Owner Howard Robert J $760,900
Previous Owner Howard Robert J $618,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $888,000 -1.2% $430 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/16/2022 05/16/22 Price Changed $899,000 -5.4% $435 / Sq Ft
04/27/2022 04/27/22 For Sale $950,000 +189.1% $460 / Sq Ft
02/27/2015 02/27/15 Sold $328,650 +1.2% $198 / Sq Ft
01/29/2015 01/29/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $324,800 -- $195 / Sq Ft
Source: Hive MLS

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 $6,634 $611,435 $280,000 $331,435
2024 $6,634 $611,435 $280,000 $331,435
2023 $6,634 $611,435 $280,000 $331,435
2022 $6,634 $611,435 $280,000 $331,435
2021 $4,509 $387,010 $192,000 $195,010
2020 $4,315 $387,010 $192,000 $195,010
2019 $4,315 $387,010 $192,000 $195,010
2018 $4,058 $387,010 $192,000 $195,010
2017 $5,265 $492,910 $340,000 $152,910
2016 $5,265 $492,910 $0 $0
2015 $5,265 $492,910 $0 $0
2014 $5,265 $492,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100322527

Hive MLS

APN: 049367