NOT LISTED FOR SALE

Estimated Value: $538,000 - $624,000

3 Beds
2 Baths
1,024 Sq Ft
$572/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $245,000 $239 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $3,309/month

47 Days on Market

Highlights

  • Beach Box Architecture
  • Cathedral Ceiling
  • Cul-De-Sac
  • First Flight Middle School Rated A-
  • Screened Porch
  • Skylights

About This Home

As of May 2014

Perfect size home for a beach get-away. Situated in a quiet cul-de-sac just a short walk to the ocean. The interior of the home has been updated, and shows well. New laminate flooring. In 2005 the roof, heat pump, windows, and kitchen appliances replaced. Tenants require 24 hour notice to show.

Last Agent to Sell the Property

Cooper Hawk

Outer Banks Realty Group License #229028 Listed on: 12/18/2013

Last Buyer's Agent

Nancy Bailey

Beach Realty & Construction License #219477

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,919

Year Built

  • Built in 1986

Lot Details

  • 6,305 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,024 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Bay Window
  • Screened Porch

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck

Utilities

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

Community Details

  • The Landing Subdivision

Listing and Financial Details

  • Tax Lot lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,919

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: E on Landing from bypass. R on Cove, home is on left.
  • Extras: Ceiling Fan(s), Covered Decks, Outside Shower, Screened Porch, Sun Deck
  • Flood Zone: AE
  • Headline: Short sale, awesome deal
  • Heated Sq Ft: 1024
  • Potential Short Sale: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: res
  • Deed Book Pg Number: 204
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Interior Amenities: All Window Treatments, Bay/Bow Window, Cathedral Ceiling(s), Ensuite, Skylight

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 6305
  • Lot Description: Cul-de-sac, Level
  • Lot Faces: W
  • Lot Number: lot 4
  • Deed Book: 1654

Rental Info

  • Est Annual Rental Income: 15300
  • Estimated Rental Performance: 0.0624
  • Lease Terms: Month to Month
  • Rental Co: Jim Perry and Company
  • Rental Phone Number: 480-4644

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2013
  • Taxes: 1919.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2013
Closed on
May 15, 2014
Sold by
Root Robert C and Root Catherine J
Bought by
Young David P and Maggi Patricia A
Seller's Agent
Cooper Hawk
Outer Banks Realty Group
Buyer's Agent
Nancy Bailey
Beach Realty & Construction
List Price
$259,000
Sold Price
$245,000
Premium/Discount to List
-$14,000
-5.41%
Current Estimated Value
$586,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,197
Avg. Annual Appreciation
8.18%
Original Mortgage
$196,000
Outstanding Balance
$150,845
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$448,189

Purchase Details

Closed on
Sep 30, 2005
Sold by
Melkonian Dennis H and Melkonian Marsha E
Bought by
Root Robert C and Root Catherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
5.66%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Young David P $245,000 None Available
Root Robert C $385,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young David P $196,000
Previous Owner Root Robert C $38,500
Previous Owner Root Robert C $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2014 05/16/14 Sold $245,000 -5.4% $239 / Sq Ft
02/03/2014 02/03/14 Pending -- -- --
12/18/2013 12/18/13 For Sale $259,000 -- $253 / 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 $2,412 $319,200 $181,300 $137,900
2023 $1,278 $319,200 $181,300 $137,900
2022 $2,300 $319,200 $181,300 $137,900
2021 $2,300 $319,200 $181,300 $137,900
2020 $2,224 $319,200 $181,300 $137,900
2019 $2,224 $255,600 $154,800 $100,800
2018 $2,175 $255,600 $154,800 $100,800
2017 $2,175 $255,600 $154,800 $100,800
2016 $2,073 $255,600 $154,800 $100,800
2014 $1,996 $255,600 $154,800 $100,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 81684

Outer Banks Association of REALTORS®

APN: 003515000