NOT LISTED FOR SALE

110 Chip Ct Duck, NC 27949

Estimated Value: $889,824 - $986,000

4 Beds
3 Baths
1,792 Sq Ft
$531/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $582,000 $325 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,494/month

2 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Clubhouse
  • First Flight Middle School Rated A-
  • In Ground Pool
  • Coastal Architecture

About This Home

As of August 2020

Generous income producer located in the heart of Duck that's been totally renovated inside and out! This charming 4 bedroom and 3 bath home has lots of character and upgrades throughout. New siding, roof, sliders, 1 HVAC and exterior paint in 2015, kitchen overhauled in 2016 with Vintage Pine Hardwood floors, Quartz countertops, white custom cabinets, subway tile backsplash, and stainless steel appliances (range oven replaced 6/2020, and refrigerator in 2019). Appliances were installed by Manteo Appliances with a warranty and maintenance plan. You'll love the open floor plan and coastal decor. Top level includes; spacious great room with huge window wall and skylights providing lots of natural light, updated kitchen, screen porch, huge sun deck, and a partial king master bedroom with private access to a shared full bath. Mid-level features 3 bedrooms (one is a 2nd master bedroom) and 2 upgraded full baths. The master suite on this level boasts newly added white shiplap paneling with a pampering master bath. The other two guest bedrooms share a full hall bath with black and white mosaic tile floors and subway tile shower/bath combo. The new additions/upgrades doesn't end here! A brand new pool and septic system installed in 2019. The outdoor pool features a covered gathering area with tin roof and outdoor lighting creating a relaxed "spa" environment. All this and so much more, located on high elevation with no flood insurance required. "What the Duck" has $61,000 in rental income year to date with potential for more in the shoulder season. In 2019 the seller couldn't maximize the full rental calendar because the pool installation was late May. More importantly, the rental rates did not reflect the pool addition. The decision to add a pool was after the 2019 rates had been set. Income generated for 2019 was $49,748. In 2018 the home, with no pool, did $51,000 in rental income. A short bike ride, or walk will take you along quiet, winding streets to the recreation center with indoor pool, second outdoor pool, tennis courts and fitness center. Just a little further down the road is the community beach access and an oceanfront pool. Schooner Ridge is located in the center of town, so the Town of Duck Park with 2 mile boardwalk, restaurants, shops and boutiques, fruit stands and markets, a yoga studio and recreation activities are all within walking or biking distance.

Last Agent to Sell the Property

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 06/15/2020

Coldwell Banker Seaside Realty - KDH

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,558

Year Built

  • Built in 1986

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 101x108x161x138
  • Property fronts a private road
  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $208 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,792 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Tuck Under Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot #13

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, tennis courts, walkways
  • Schooner Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Indoor Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,558

Year Built

Built in 1986

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: Heading north through Duck turn east just after the gas station into Schooner Ridge, make a left onto Chip Ct. House is on the left.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks
  • Flood Zone: X
  • Headline: New Pool/$61,000 for 2020
  • Heated Sq Ft: 1792
  • L V T Date: 06/15/2020
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: RES
  • Advertised Income 2020: 60870
  • Deed Book Pg Number: 0617
  • 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: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Countertops: Quartz
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ensuite

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: Mid Level
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 101
  • Sun Deck Size: Top Level

Garage/Parking

  • Garage: 3 + Car, Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Tennis Courts, Walkways
  • Association Amenities: Clubhouse, Health Club, Indoor-Comm. Pool, Ocean Access, Outdoor-Comm. Tennis, Park, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 2500

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Cul-de-sac, Wooded
  • Lot Size: 101x108x161x138
  • Lot Number: Lot#13
  • Estimated Lot Size: 0.34
  • Deed Book: 2020

Rental Info

  • Est Annual Rental Income: 68685
  • Estimated Rental Performance: 0.118
  • Lease Terms: Weekly
  • Rental Co: Managed by Homeowner
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2019
  • Taxes: 2558.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Aug 11, 2020
Sold by
Hodge William M and Hodge Colleen A
Bought by
Haller Dan J and Haller Tiffany J
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$579,000
Sold Price
$582,000
Premium/Discount to List
$3,000
0.52%
Current Estimated Value
$950,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,706
Avg. Annual Appreciation
9.59%

Purchase Details

Listed on
Oct 17, 2014
Closed on
May 13, 2015
Sold by
Guinn Rex A and Knee Treyce S
Bought by
Hodge William M and Hodge Colleen A
Seller's Agent
Tim Lancsek
Surfside Realty
Buyer's Agent
Camille Brevetti
Coldwell Banker Seaside Realty KH
List Price
$439,900
Sold Price
$415,000
Premium/Discount to List
-$24,900
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
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
Haller Dan J $582,000 None Available
Hodge William M -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2020 08/20/20 Sold $582,000 +0.5% $325 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $579,000 +39.5% $323 / Sq Ft
05/15/2015 05/15/15 Sold $415,000 -5.7% $232 / Sq Ft View Prior Sale
03/26/2015 03/26/15 Pending -- -- --
10/17/2014 10/17/14 For Sale $439,900 -- $245 / 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 $3,660 $825,900 $471,800 $354,100
2024 $3,327 $511,500 $216,800 $294,700
2023 $3,174 $511,500 $216,800 $294,700
2022 $3,174 $511,500 $216,800 $294,700
2021 $3,254 $523,288 $216,800 $306,488
2020 $2,910 $487,512 $216,800 $270,712
2019 $2,553 $359,400 $201,500 $157,900
2018 $2,553 $359,400 $201,500 $157,900
2017 $2,498 $359,400 $201,500 $157,900
2016 $2,351 $359,400 $201,500 $157,900
2014 $2,351 $359,400 $201,500 $157,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109704

Outer Banks Association of REALTORS®

APN: 026469013