NOT LISTED FOR SALE

114 Lake Dr Ocracoke, NC 27960

Estimated Value: $760,000 - $996,000

4 Beds
4.5 Baths
2,364 Sq Ft
$364/Sq Ft Est. Value

Last Sold March 25, 2015

Last sale price $441,325 $187 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $4,896/month

205 Days on Market

Highlights

  • Ocean View
  • Coastal Architecture
  • Furnished
  • Ocracoke School Rated 9+
  • Cathedral Ceiling
  • Screened Porch

About This Home

As of March 2015

This beautiful home, located in the Pamlico Point Subdivision has 4 master suites, 3 with showers, one with a tub/shower combination. The powder-room (1/2 bath) is located off the main living floor. Reversed floor plan with 3 bedrooms and a den on the first floor; the second floor consists of an open living/dining/kitchen area with many windows and the 4th floor master suite. The views from the 2nd floor are captivating! A step up, charming, third floor sitting room is perfect for a telescope and nighttime stargazing. Buttermilk Sky, with its large indoor spaces and wonderful exterior decks and porches, make a great vacation rental, second home or year-round residence. Now's the time to make an offer, ask your Agent for details!!!

Last Agent to Sell the Property

Martha Garrish

Ocracoke Island Realty License #148274 Listed on: 07/26/2014

Last Buyer's Agent

Daphne Bennink

Ocracoke's Lightship Realty License #120559

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,842

Year Built

  • Built in 2013

Lot Details

  • 6,900 Sq Ft Lot
  • Lot Dimensions are 50 x 138
  • Property fronts a private road
  • Level Lot

Property Views

  • Ocean
  • Views of a Sound
  • Pond
  • Park or Greenbelt

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,364 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Library
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Storage Shed

Utilities

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

Community Details

  • Built by Tyke Ely
  • Beachside Extension Subdivision

Listing and Financial Details

  • Tax Lot #68

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,842

Year Built

Built in 2013

Lot Details

6,900 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Nags Head, Coastal
  • Directions: The Pamlico Point Subdivision is located behind Howard's Pub; look for 114 Lake Rd. (2nd row).
  • Extras: Ceiling Fan(s), Covered Decks, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Storage Shed, Sun Deck
  • Flood Zone: AE
  • Headline: 4 bed/ 4.5 baths w/views!!!!
  • Heated Sq Ft: 2364
  • Roads: Gravel, Private
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: RES
  • Deed Book Pg Number: 245
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Bedroom 1: 10 x 10.5, On Level: 2
  • Bedroom 2: 12 x 11.8, On Level: 1
  • Bedroom 3: 12 x 12, On Level: 1
  • Bedroom 4: 12.5 x 14, On Level: 1
  • Kitchen: 10 x 18, On Level: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ensuite, Pantry, Washer Connection
  • Dining Room: 11 x 15.8, On Level: 2
  • Living Room: 22 x 22, On Level: 2
  • Optional Rooms: Library/Study, Office
  • Partial Bathrooms: 1
  • Optional Room 1: 14 x 12, On Level: 1

Exterior Features

  • Homebuilder: Tyke Ely
  • Construction: Frame, Wood
  • Covered Deck Size: 72 sq. ft.
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: 248 sq. ft
  • Street Frontage: 50
  • Sun Deck Size: 1037 sq.ft
  • View: Ocean, Park Serv/Preserve, Pond, Sound, Salt Marsh

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 6900
  • Lot Description: Level
  • Lot Size: 50 x 138
  • Lot Number: Lot#68
  • Deed Book: 223

Rental Info

  • Est Annual Rental Income: 35000
  • Estimated Rental Performance: 0.0793
  • Lease Terms: Weekly
  • Rental Co: Ocracoke Island Realty
  • Rental Cottage Name: Buttermilk Sky
  • Rental Cottage Number: PP04
  • Rental Phone Number: 252-928-6261
  • Rental Turnover Day: Sun

Building Info

  • Year Built: 2013

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2013
  • Taxes: 2842

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2014
Closed on
Mar 20, 2015
Sold by
Tfp Llc
Bought by
Dippold Jeffrey R and Dippold Susan G
Seller's Agent
Martha Garrish
Ocracoke Island Realty
Buyer's Agent
Daphne Bennink
Ocracoke's Lightship Realty
List Price
$475,000
Sold Price
$441,325
Premium/Discount to List
-$33,675
-7.09%
Current Estimated Value
$860,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,319
Avg. Annual Appreciation
6.29%
Original Mortgage
$353,060
Outstanding Balance
$271,502
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$589,142
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dippold Jeffrey R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dippold Jeffrey R $353,060
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2015 03/25/15 Sold $441,325 -7.1% $187 / Sq Ft
02/16/2015 02/16/15 Pending -- -- --
07/26/2014 07/26/14 For Sale $475,000 -- $201 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $5,711 $607,500 $174,960 $432,540
2023 $4,571 $429,084 $115,000 $314,084
2022 $4,002 $437,425 $115,000 $322,425
2021 $3,565 $437,425 $115,000 $322,425
2020 $3,456 $437,425 $115,000 $322,425
2019 $3,456 $437,425 $115,000 $322,425
2018 $3,412 $437,425 $115,000 $322,425
2017 $3,560 $547,654 $234,000 $313,654
2016 $95 $547,654 $234,000 $313,654
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Martha Garrish

    Ocracoke Island Realty

    (252) 921-0125

    102 in this area

    106 Total Sales

    Martha Garrish
    Section Image
  • Daphne Bennink

    Buyer's Agent in 2015

    Daphne Bennink

    Ocracoke's Lightship Realty

    (252) 928-8032

    25 in this area

    28 Total Sales

    Daphne Bennink
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 84582

Outer Banks Association of REALTORS®

APN: 9500672936

North Carolina Hyde County Ocracoke 27960

114 Lake Dr, Ocracoke, NC

Not Listed for Sale

Detached

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