NOT LISTED FOR SALE

111 Yolanda Terrace Duck, NC 27949

Estimated Value: $944,000 - $1,061,044

6 Beds
5.5 Baths
2,644 Sq Ft
$381/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $555,000 $210 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,787/month

273 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Wooded Lot
  • Kitty Hawk Elementary School Rated 9+
  • Coastal Architecture
  • Cathedral Ceiling

About This Home

As of August 2020

"Pelican's Reef" is an absolutely charming oceanside property in Duck in the perfect location!! This large wooded lot at the end of a cul-de-sac offers all the privacy and seclusion you could want while still being just steps away from the beach! With a private pool and hot tub, fenced yard, sun decks and covered decks - this house has it all. Located in the Oceancrest subdivision just a stroll away from the community boardwalk to the beach or the community pool and tennis courts as well as the bike paths to Duck Village to enjoy dining and shopping. What a perfect location!! With updated appliances and flooring, this 6 bedroom, 5 full and 1 half bath beauty offers tons of worry-free space. The upper level offers a spacious great room with beautiful hardwood floors and ample dining space for friends and family. Extras include a great game room with wet bar as well as an extra mid-level living area. No wonder this property is such a solid rental performer!! Whether you are looking for a vacation home or investment opportunity, "Pelican's Reef" is a must see. Come and visit today!! More info about the Oceancrest subdivision, including covenants and by-laws: https://www.seaside-management.com/associations/ocean-crest/

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 10/01/2019

Last Buyer's Agent

Melanie Day

Landmark Sotheby's International Realty License #219374

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,046

Year Built

  • Built in 2002

Lot Details

  • 0.34 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Wooded Lot

HOA Fees

  • $134 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,644 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Game Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 22

Community Details

Overview

  • Association fees include pool, road maintenance, tennis courts
  • Seaside Management Association, Phone Number (252) 261-1200
  • Oceancrest Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,046

Year Built

Built in 2002

Lot Details

0

HOA Fees

$134 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Landscaped, Outside Shower, Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Oceancrest Subdivision
  • Heated Sq Ft: 2644
  • L V T Date: 10/01/2019
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Advertised Income 2020: 49503
  • Deed Book Pg Number: 0280
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C0569
  • 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 w/Ice Maker, Washer
  • Bedrooms: 6
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile, Vinyl, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ensuite, Some Windows Treated, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Pool, Road Maintenance, Tennis Courts
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 1602
  • Hoa Contact: Seaside Management
  • HOA Contact: 252-261-1200

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Cul-de-sac, Level, Wooded
  • Lot Number: Lot 22
  • Estimated Lot Size: 0.34
  • Deed Book: 1443

Rental Info

  • Est Annual Rental Income: 55935
  • Estimated Rental Performance: 0.1008
  • Lease Terms: Weekly
  • Rental Co: Outer Banks Blue
  • Rental Cottage Name: Pelican's Reef
  • Rental Cottage Number: OC008
  • Rental Phone Number: 252-255-1220
  • Rental Turnover Day: Sunday
  • Rental Contact Email: tgore@outerbanksblue.com
  • Rental Contact Phone: 252-255-1220

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2019
  • Taxes: 4045.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Aug 14, 2020
Sold by
Lake Keith A and Lake Kathleen
Bought by
Brossy Katherin Elizabeth and Brossy Jackson Slim
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Melanie Day
Landmark Sotheby's International Realty
List Price
$575,000
Sold Price
$555,000
Premium/Discount to List
-$20,000
-3.48%
Current Estimated Value
$1,008,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,511
Avg. Annual Appreciation
12.32%
Original Mortgage
$499,500
Outstanding Balance
$443,092
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$565,419
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
Brossy Katherin Elizabeth $555,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brossy Katherin Elizabeth $499,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $555,000 -1.8% $210 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/23/2020 06/23/20 Price Changed $565,000 -1.7% $214 / Sq Ft
03/02/2020 03/02/20 For Sale $575,000 0.0% $217 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
12/04/2019 12/04/19 Price Changed $575,000 -4.0% $217 / Sq Ft
10/01/2019 10/01/19 For Sale $599,000 -- $227 / 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 $3,669 $553,800 $300,000 $253,800
2023 $3,499 $563,952 $300,000 $263,952
2022 $3,499 $563,952 $300,000 $263,952
2021 $3,506 $563,952 $300,000 $263,952
2020 $4,046 $553,800 $300,000 $253,800
2019 $4,046 $566,800 $261,000 $305,800
2018 $4,046 $566,800 $261,000 $305,800
2017 $3,958 $566,800 $261,000 $305,800
2016 $3,725 $566,800 $261,000 $305,800
2014 $3,628 $566,800 $261,000 $305,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 106737

Outer Banks Association of REALTORS®

APN: 010219022