NOT LISTED FOR SALE

114 Oceanwatch Ct Nags Head, NC 27959

Estimated Value: $922,000 - $1,886,000

5 Beds
4.5 Baths
3,095 Sq Ft
$391/Sq Ft Est. Value

Last Sold January 08, 2015

Last sale price $525,000 $170 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $6,610/month

113 Days on Market

Highlights

  • Community Beach Access
  • Golf Course Community
  • Clubhouse
  • Boat Dock
  • Outdoor Pool
  • Coastal Architecture

About This Home

As of January 2015

ACCEPTING OFFERS!! This custom built Model home was the winner of the Parade of Homes when it was new in 2002. Named “Vacation Shoals Light”, the theme is coastal lighthouses inside and out. In fact, you’ll see a wooden lighthouse out on the upper deck that you can light up when you are home to signal family and friends! Part of the Village at Nags Head neighborhood, this home has access to community pools and the ability to join the golf club in addition to having great beach access. The home is currently in Resort Realty’s rental program, which expires December 31, 2014. Perfect for year round occupancy or weekly vacation rentals to offset costs, the house sells fully furnished. The location at Milepost 15 makes shopping and restaurants close and convenient, as well as the fishing marina at Oregon Inlet. Manteo and Hatteras Islands, with their own marinas, beaches and history are a short drive south. The newly renovated Jennette’s Pier is a walk or bike ride away. This home was built in the traditional coastal Nags Head Ocean home style reverse floor plan, with main living area at the top level. Download the full Property Information Package for floor by floor layout, rent roll reports, tax record and more details.

Last Agent to Sell the Property

Linda Terry

Tranzon Key License #211005 Listed on: 08/08/2014

Last Buyer's Agent

Linda Harper

Howard Hanna Outer Banks Realt License #53439

Howard Hanna Outer Banks Realt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,283

Year Built

  • Built in 2002

Lot Details

  • 10,019

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Piling Construction

Interior Spaces

  • 3,095 Sq Ft Home
  • Furnished
  • Living Room
  • Dining Room
  • Game Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Additional Features

  • Outdoor Pool
  • Level Lot

Listing and Financial Details

  • Tax Lot # 11

Community Details

Recreation

  • Boat Dock
  • Community Beach Access
  • Golf Course Community
  • Community Pool

Additional Features

  • Vil Nh Oceanwatch Subdivision
  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,283

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Directions: S on Rte 158 past Jockeys Ridge. L onto S. Seachase Dr then right onto S VA Dare, L onto Oceanwatch
  • Flood Zone: X
  • Headline: Parade of Homes Winner 2002!
  • Heated Sq Ft: 3095
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res
  • Deed Book Pg Number: 0366
  • Major Subdivision: Village at Nags Head
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5
  • Bedroom 1: On Level: 3
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 1
  • Kitchen: On Level: 3
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Dining Room: On Level: 3
  • Game Room: On Level: 1
  • Living Room: On Level: 3
  • Optional Rooms: Shipswatch
  • Partial Bathrooms: 1
  • Optional Room 1: Crows nest, On Level: 4

Exterior Features

  • Construction: Frame
  • Pool: Yes
  • Pool: Private
  • Pool Type: Association Pool

Garage/Parking

  • Garage: Carport
  • Parking: Off Street, Under

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Boat Ramp, Clubhouse, Golf Course, Ocean Access, Outdoor-Comm. Pool, Sound Access

Lot Info

  • Lot Description: Level
  • Lot Number: Lot# 11
  • Deed Book: 1876

Rental Info

  • Est Annual Rental Income: 20000
  • Estimated Rental Performance: 0.0381
  • Other Expenses: 168300
  • Rental Co: Resort Realty
  • Rental Cottage Name: Vacation Shoals Light

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2014
  • Taxes: 2283

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2014
Closed on
Jan 7, 2015
Sold by
Vacation Shoals Light Llc
Bought by
Brewster Derek Michael and Brewster Heather Villella
Seller's Agent
Linda Terry
Tranzon Key
Buyer's Agent
Linda Harper
Howard Hanna Outer Banks Realt
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%
Current Estimated Value
$1,210,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$685,281
Avg. Annual Appreciation
8.06%

Purchase Details

Closed on
Aug 20, 2011
Sold by
Vacation Shoals Light Llc
Bought by
Cartanza Paul P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,707
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2011
Sold by
Cartanza Paul P
Bought by
Vacation Shoals Light Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,707
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2008
Sold by
Vacation Shoals Light Llc
Bought by
Cartanza Paul P and Cartanza Janice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2005
Sold by
Harris Reid M and Harris Denise M
Bought by
Cartanza Paul and Cartanza Mark
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
Brewster Derek Michael -- Attorney
Cartanza Paul P -- None Available
Vacation Shoals Light Llc -- None Available
Cartanza Paul P -- None Available
Cartanza Paul $687,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cartanza Paul P $195,707
Previous Owner Cartanza Paul P $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2015 01/08/15 Sold $525,000 -8.7% $170 / Sq Ft
11/29/2014 11/29/14 Pending -- -- --
08/08/2014 08/08/14 For Sale $575,000 -- $186 / 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 $2,317 $880,300 $295,200 $585,100
2024 $4,134 $562,100 $184,500 $377,600
2023 $2,251 $562,100 $184,500 $377,600
2022 $2,251 $562,100 $184,500 $377,600
2021 $2,251 $562,100 $184,500 $377,600
2020 $2,251 $562,100 $184,500 $377,600
2019 $2,581 $531,000 $168,300 $362,700
2018 $2,581 $531,000 $168,300 $362,700
2017 $2,581 $531,000 $168,300 $362,700
2016 $2,361 $531,000 $168,300 $362,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 84779

Outer Banks Association of REALTORS®

APN: 000380156