$699,000
SOLD DEC 29, 2021

118 Gadwell Dr Currituck, NC 27929

4 Beds
3 Baths
2,783 Sq Ft
1.34 Acres

Recently Sold

$251 Per Sq Ft

12 Days on Market

Highlights

  • Boat Dock
  • Finished Room Over Garage
  • Vaulted Ceiling
  • In Ground Pool
  • Clubhouse
  • Wood Flooring

About This Home

As of December 2021

Stunning European designed estate w/500' of waterfrontage. The house sits on two lots and sale includes an adjacent 3rd lot, ideal for an additional family member residency. The landscaping offers breathtaking views & complete privacy in all directions. The Inground pool w/waterfall, stoned walkway & Pavilion offers the perfect entertaining space. The Bavarian designed interior takes you back to the Old Country. Features incl: Guest/in law Quarters, Bavarian Pub, custom wood burning fireplace, Sauna, Jetted tub, 24x32 detached garage & game room, NO HOA or flood ins. Truly a must see!

Last Agent to Sell the Property

Robert Stamey

A Better Way Realty, Inc. License #273595 Listed on: 10/08/2021

Last Buyer's Agent

Kelly Hall

Berkshire Hathaway HomeServices RW Towne Realty/Moyock License #327027

Berkshire Hathaway HomeServices RW Towne Realty/Moyock

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,249

Year Built

  • Built in 1981

Lot Details

  • 1.34 Acre Lot
  • Cul-De-Sac
  • Fenced Yard
  • Irrigation

Home Design

  • Architectural Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2,783 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Crawl Space
  • Attic Access Panel
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Finished Room Over Garage
  • Driveway

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Gazebo

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 33a & 32

Community Details

Overview

  • No Home Owners Association
  • Belle Isle Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,249

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Stories Levels: Multi-Split, One and One Half
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Fireplace: 1
  • Flooring: Carpet, Laminate, Tile, Wood
  • Interior Amenities: Ceiling - Vaulted, Ceiling Fan(s), Hot Tub, In-Law Quarters, Solid Surface, Walk-In Closet, Wash/Dry Connect, Wet Bar
  • List Price per Sq Ft: 251.17
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 11
  • Sq Ft Heated: 2783.00
  • Total Heated Primary Separate Sq Ft: 2783.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Stucco, Vinyl Siding
  • Exterior Structures: Gazebo
  • Fencing: Back Yard
  • Foundation: Crawl Space
  • On Site Pool Spa: In Ground
  • Roof: Architectural Shingle

Garage/Parking

  • Detached Garage Spaces: 2.00
  • Parking Driveway: Concrete

Utilities

  • Appliances Equipment: Dishwasher, Microwave - Built-In, Refrigerator, Stove/Oven - Electric
  • Cooling System: Central
  • Heating System: Heat Pump, Other-See Remarks
  • Service Providers Electric Provider: Dominion NC Power
  • Utilities: Municipal Water, Septic On Site, Underground
  • Water Heater: Electric
  • HeatingSystemFuelSource: Other

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Clubhouse

Lot Info

  • Deed Book: 1512
  • Deed Page: 630.00
  • Lot Acres: 1.34
  • Lot Description: Cul-de-Sac Lot
  • Lot Number: 33a & 32
  • Lot Sq Ft: 2783.00
  • Lot Water Features: Boat Dock

Tax Info

  • Tax Year: 2021
  • Total Real Estate Property Taxes: 2249.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 20, 2021
Sold by
Stamey Robert W and Stamey Barbara A
Bought by
Ferretti Christopher and Ferretti Loretta
Seller's Agent
Robert Stamey
A Better Way Realty, Inc.
Buyer's Agent
Kelly Hall
Berkshire Hathaway HomeServices RW Towne Realty/Moyock
Sold Price
$699,000
Current Estimated Value
$694,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,767
Avg. Annual Appreciation
-1.13%
Original Mortgage
$649,000
Outstanding Balance
$599,356
Interest Rate
3.11%
Mortgage Type
VA
Estimated Equity
$71,943

Purchase Details

Closed on
Dec 4, 1981
Bought by
Wallnofer Reinhard and Wallnofer Helga M
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $699,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Open $649,000 VA
Previous Owner $463,565 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2022 01/26/22 Off Market $699,000 -- --
12/29/2021 12/29/21 Sold $699,000 -- $251 / Sq Ft
Source: Hive MLS

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 $3,678 $468,700 $160,800 $307,900
2023 $3,678 $468,700 $160,800 $307,900
2022 $2,874 $468,700 $160,800 $307,900
2021 $2,808 $357,200 $160,800 $196,400
2020 $1,865 $357,200 $160,800 $196,400
2019 $1,865 $357,200 $160,800 $196,400
2018 $1,865 $357,200 $160,800 $196,400
2017 $1,829 $357,200 $160,800 $196,400
2016 $1,829 $357,200 $160,800 $196,400
2015 $1,829 $357,200 $160,800 $196,400
Source: Public Records

Agents Affiliated with this Home

  • Robert Stamey

    Seller's Agent in 2021

    Robert Stamey

    A Better Way Realty, Inc.

    (757) 287-7333

    30 in this area

    93 Total Sales

    Robert Stamey
    Section Image
  • Kelly Hall

    Buyer's Agent in 2021

    Kelly Hall

    Berkshire Hathaway HomeServices RW Towne Realty/Moyock

    (757) 660-3920

    2 in this area

    14 Total Sales

    Kelly Hall
    Section Image
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Map

Source: Hive MLS

MLS Number: 8105684

Hive MLS

APN: 068B-000-033A-000E

North Carolina Currituck County Currituck 27929

118 Gadwell Dr, Currituck, NC

This home is located at 118 Gadwell Dr, Currituck, NC 27929 and is currently priced at $699,000, approximately $251 per square foot. This property was built in 1981. 118 Gadwell Dr is a home located in Currituck County with nearby schools including Central Elementary School, Currituck County Middle School, and Currituck County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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