4
Beds
2
Baths
1,268
Sq Ft
0.43
Acres
Highlights
- Ocean Front
- Cottage
- Central Air
- Kitty Hawk Elementary School Rated 9+
- Subterranean Parking
- Heat Pump System
About This Home
As of March 2025THERE IS AN UPDATED SUVEY DONE IN DEC. 2024 IN THE ASSOCIATED DOCS THAT SHOWS LOT SQUARE FOOTAGE OF 21,179 COMPARED TO THE ONE IN THE DOCS FROM 2006 THAT SHOWS LOT 18,745 SQUARE FEET IN 2006! THERE IS A SITE PLAN IN THE DOCS SHOWING THE LOT WILL SUPPORT A 6 BEDROOM HOME. This house produced over $150,000 in rents in 2023 and 2024! In 2023 the home rented 50 weeks the owners blocked off two weeks for maintenance. In 2024 the owner blocked off 4 weeks for exterior maintenance. The current owners only rent the upstairs portion the home as a 3 bedroom 1 bath home. on the ground level there is an additional studio apartment with full bath. The renters come back year after year to this quaint one family beach cottage. they love the simplicity of the home and they constantly comment on how much they enjoy relaxing on the dune top covered gazebo, just relaxing in the shade with the warm ocean breezes. This home fills a real niche in the rental market! Recent updates: New Luxury Vinyl Plank flooring and interior paint in 2022, new decking in 2022 and 2024, Roof replaced 2011 and Roof over screen porch 2016 and new HVAC December of 2020. Septic permit in the associated docs is for 4 bedrooms.
Last Agent to Sell the Property
Carolina Designs Realty Brokerage Phone: 252-202-1043 License #187143 Listed on: 10/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,845
Year Built
- Built in 1978
Lot Details
- 0.43 Acre Lot
- Ocean Front
- Property is zoned RS-1
Parking
- Subterranean Parking
Home Design
- Cottage
- Frame Construction
- Vinyl Siding
- Piling Construction
Interior Spaces
- 1,268 Sq Ft Home
- Ocean Views
Kitchen
- Oven or Range
- <<microwave>>
- Ice Maker
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Central Air
- Heat Pump System
- Municipal Utilities District Water
- Septic Tank
Community Details
- Association fees include walkways
- Carolina Dunes Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 3, 2024
Closed on
Feb 12, 2025
Sold by
Greyhound Capital Properties Llc
Bought by
Wilson Collective Llc
Seller's Agent
Barry Breit
Carolina Designs Realty
Buyer's Agent
May Oo-Muuse
EXP Realty, LLC - Coastal
List Price
$1,750,000
Sold Price
$1,490,000
Premium/Discount to List
-$260,000
-14.86%
Views
76
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$166,526
Avg. Annual Appreciation
-29.43%
Original Mortgage
$1,265,000
Outstanding Balance
$1,262,900
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$60,574
Purchase Details
Closed on
Aug 11, 2006
Sold by
Melntyre James B
Bought by
Paul Mare R and Paul Donna P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,490,000 | None Listed On Document | |
| Warranty Deed | $1,490,000 | None Listed On Document | |
| Warranty Deed | $120,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,265,000 | New Conventional | |
| Closed | $1,265,000 | New Conventional | |
| Previous Owner | $302,000 | Unknown | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $960,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | Sold | $1,490,000 | -6.8% | $1,175 / Sq Ft |
| 03/08/2025 03/08/25 | Off Market | $1,599,000 | -- | -- |
| 01/28/2025 01/28/25 | Pending | -- | -- | -- |
| 10/28/2024 10/28/24 | Price Changed | $1,599,000 | -8.6% | $1,261 / Sq Ft |
| 10/03/2024 10/03/24 | For Sale | $1,750,000 | -- | $1,380 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $9,591 | $898,500 | $850,000 | $48,500 |
| 2023 | $9,322 | $900,440 | $850,000 | $50,440 |
| 2022 | $9,320 | $900,440 | $850,000 | $50,440 |
| 2021 | $9,320 | $900,440 | $850,000 | $50,440 |
| 2020 | $9,108 | $900,440 | $850,000 | $50,440 |
| 2019 | $9,444 | $810,700 | $714,400 | $96,300 |
| 2018 | $9,444 | $810,700 | $714,400 | $96,300 |
| 2017 | $9,321 | $810,700 | $714,400 | $96,300 |
| 2016 | $8,995 | $810,700 | $714,400 | $96,300 |
| 2014 | $5,219 | $810,700 | $714,400 | $96,300 |
Source: Public Records
Agents Affiliated with this Home
-
Barry Breit
Seller's Agent in 2025
Barry Breit
Carolina Designs Realty
(252) 202-1043
32 Total Sales
-
May Oo-Muuse
M
Buyer's Agent in 2025
May Oo-Muuse
EXP Realty, LLC - Coastal
(804) 661-5752
9 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 127128
APN: 009493000
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