NOT LISTED FOR SALE

Estimated Value: $2,856,000 - $4,822,000

6 Beds
7.5 Baths
7,164 Sq Ft
$557/Sq Ft Est. Value

Last Sold November 13, 2015

Last sale price $2,440,000 $341 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $23,487/month

17 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Second Refrigerator
  • Community Beach Access
  • In Ground Pool
  • Clubhouse

About This Home

As of November 2015

This beautiful "Ambrosia" Floor Plan is being offered for the first time ever. This home was custom built by the current owner and it has never been rented. 7100 sq. feet of pure elegance and views. Situated on one of the most private strips of ocean front property on the Currituck OBX promises uncrowded beaches and views of the ocean and sound that go on forever. This home has 6 bedrooms all with private bathrooms. Home office, beautiful open kitchen with commercial style GE Gas range, 2 wall convection ovens, microwave, ice maker, lg side by side refrigerator with ice maker and two sink/prep areas with center island. Beautiful cabinetry, eat in kitchen area and lots of bar space for gathering in the kitchen. There is a home office, home gym, media/den (could become home theatre) and large game room with pool table, bar and partial kitchen to service game room and pool life. Includes ice maker, full size side by side refrigerator, and dishwasher and microwave/convection oven. Ground floor also includes full bath with direct access from pool area and laundry room with two lg GE washers and dryers. This home is loaded with stunning architectural features from the two story stone fireplace mantle in the main living area to the two story barrel ceiling foyer with beautiful chandelier, a 2 story east wall of glass to offer a stunning ocean view from all over the 2nd and 3rd floor, spacious 2nd floor balcony with trayed ceiling overlooks the 2 story foyer and living area and offers 360 degree views of ocean and sound. Amazing custom oak trim throughout. This home offers a total of 3 gas fireplaces, in ground heated salt pool and hot tub, private board walk and dune top deck on oceanfront and decks galore to relax on while capturing the mornings first light or those stunning OBX sunsets. Two car garage for addition storage and parking. Makes it easy to leave a car for owner use. Security system and intelligent house system makes it easy to manage from afar. Beautifully landscaped with irrigation. Too much to list.....a must see!

Last Agent to Sell the Property

Liz Holterhaus

Keller Williams Town Center License #219965 Listed on: 08/22/2015

Keller Williams Town Center

Last Buyer's Agent

Liz Holterhaus

Keller Williams Town Center License #219965 Listed on: 08/22/2015

Keller Williams Town Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,039

Year Built

  • Built in 1999

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 100x230
  • Beach Front
  • 100 Feet of Waterfront
  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $208 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Coastal Architecture
  • Caribbean Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 7,164 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Library
  • Game Room
  • Utility Room
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Garage Door Opener

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Saltwater Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Storage Shed

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 266

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, management, pool, tennis courts
  • Built by BD&A
  • Pine Island Pud Subdivision

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,039

Year Built

Built in 1999

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Caribbean, Coastal
  • Directions: N on 12 Second right in Pine Island onto Cadwall. Middle of Block.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Garage Door Opener, Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Security System, Storage Shed, Sun Deck
  • Subdivision Name: Pine Island
  • Headline: 1st Time Offered Never Rented!
  • Heated Sq Ft: 7164
  • Phase: 8
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0302
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Disposal, Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 6
  • Bedroom 1: Bunk Room, On Level: 1
  • Bedroom 2: King, On Level: 2
  • Bedroom 3: On Level: 3
  • Bedroom 4: On Level: 3
  • Bedroom 5: On Level: 3
  • Bedroom 6: On Level: 3
  • Kitchen: On Level: 2
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Concrete, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Cedar Closet(s), Gas Fireplace, Ensuite, Pantry, Walk in Closet
  • Dining Room: On Level: 2
  • Family Room: On Level: 1
  • Game Room: Lg W/Bar, On Level: 1
  • Living Room: On Level: 2
  • Optional Room 2: Office, On Level: 2
  • Optional Rooms: Breakfast Nook, Foyer, Game Room, Library/Study, Office, Pantry, Utility Room
  • Partial Bathrooms: 1
  • Optional Room 1: Home Gym, On Level: 1

Exterior Features

  • Homebuilder: BD&A
  • Construction: Frame
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Gunite, Salt, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean, Sound, Salt Marsh
  • Water Frontage: 100

Garage/Parking

  • Garage: 2 Car, Attached
  • Garage Sq Ft: 330
  • Parking: Paved

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Management, Pool, Tennis Courts
  • Association Amenities: Clubhouse, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 2495
  • Home Owner Dwelling Insurance: 28902

Lot Info

  • Estimated Lot Sq Ft: 23000
  • Lot Description: Beach Frontage, Level, Water Frontage
  • Lot Faces: E
  • Lot Size: 100X230
  • Lot Number: Lot 266
  • Deed Book: 0965

Rental Info

  • Est Annual Rental Income: 185000
  • Estimated Rental Performance: 0.0758
  • Flood Expenses: 1826
  • Other Expenses: 1251300
  • Yearly Expense Actual Estimate: Actual

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2015
  • Taxes: 10039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2015
Closed on
Nov 13, 2015
Sold by
Rice John and John G Rice Irrevocable Qualif
Bought by
Walton A David
Seller's Agent
Liz Holterhaus
Keller Williams Town Center
Buyer's Agent
Liz Holterhaus
Keller Williams Town Center
List Price
$2,500,000
Sold Price
$2,440,000
Premium/Discount to List
-$60,000
-2.4%
Current Estimated Value
$4,000,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,560,734
Avg. Annual Appreciation
5.17%
Original Mortgage
$1,708,000
Interest Rate
3.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 1, 2006
Sold by
Rice John G
Bought by
Rice John and John G Rice Irrevocable Trust

Purchase Details

Closed on
Jun 15, 2005
Sold by
Rice Terrie L
Bought by
Rice John G
Source: Public Records

Range of Values:

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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
Walton A David $2,440,000 Attorney
Rice John -- None Available
Rice John G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walton Andrew David $1,290,000
Closed Walton A David $1,708,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2015 11/13/15 Sold $2,440,000 -2.4% $341 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
08/22/2015 08/22/15 For Sale $2,500,000 -- $349 / 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 $16,503 $2,290,800 $1,456,000 $834,800
2023 $14,654 $2,290,800 $1,456,000 $834,800
2022 $12,119 $2,290,800 $1,456,000 $834,800
2021 $12,104 $2,039,400 $1,251,300 $788,100
2020 $11,079 $2,039,400 $1,251,300 $788,100
2019 $11,079 $2,039,400 $1,251,300 $788,100
2018 $11,079 $2,039,400 $1,251,300 $788,100
2017 $10,039 $2,039,400 $1,251,300 $788,100
2016 $10,039 $2,039,400 $1,251,300 $788,100
2015 -- $2,039,400 $1,251,300 $788,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 89254

Outer Banks Association of REALTORS®

APN: 127C-000-0266-0000