NOT LISTED FOR SALE

119 Sea Tern Dr E Duck, NC 27949

Estimated Value: $3,047,446 - $3,672,000

8 Beds
10 Baths
5,446 Sq Ft
$620/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $2,100,000 $386 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $19,758/month

472 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Outdoor Pool
  • First Flight Middle School Rated A-
  • Home Theater
  • Second Refrigerator

About This Home

As of October 2020

Oceanfront investment opportunity you don't want to miss! Consistently grossing over $200K in rental income year after year! Look no further than this stunning 8 bedroom luxury estate situated in the peaceful subdivision of Sea Tern in north Duck. This homes newly painted & landscaped sunny exterior are the perfect greeting upon arrival. Ample parking and an elevator make the arrival and unloading process an easy one. With outdoor amenities including a private gated pool, hot tub, outdoor dining area, central music system, and expansive decks overlooking the Atlantic make time in the sun that much more enjoyable! The top level of this home was thoughtfully designed to boast the panoramic ocean views from the surrounding windows. The bright & spacious great room with a gas fireplace, dining area, half bath, and kitchen are perfect for hosting large groups of family & friends. This homes well-equipped kitchen features granite countertops and offers two refrigerators, dishwashers, ovens, and sinks to help make meal preparation a breeze. The top level master bedroom with a whirlpool tub and direct deck access serves as the perfect place to wind down after family fun. On the second floor you will find five spacious king master bedrooms, a second den with a queen sleeper sofa, and one of two laundry areas. After a long day on the beach, enjoy the convenience of the first floors second laundry area, kids den, master bedroom, and bedroom with semi-private bath. Kick back and relax in this home's theater room with projector and surround sound system, game room with wet bar, a pool table, foosball table and half bath. With ample amenities and a prime location in the heart of Duck, this home has all you need for an unforgettable time spent on the Outer Banks! Located just minutes from Duck Village shops and restaurants, as well as, the world-renowned Sanderling Spa. Updates for 2019 include new great room furniture, kitchen appliances, electronics, and fresh paint throughout.

Last Agent to Sell the Property

Hunter Davis

Twiddy and Company - Corolla License #301647 Listed on: 05/03/2019

Co-Listed By

Martha Springer

Twiddy and Company - Corolla License #135162

Last Buyer's Agent

Catherine Strachan

Brindley Beach Vacations & Sales-Duck License #246162

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,592

Year Built

  • Built in 2005

Lot Details

  • Beach Front
  • Landscaped

HOA Fees

  • $46 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 5,446 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Home Theater
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Spa

Utilities

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

Additional Features

  • Handicap Accessible
  • Covered Deck

Community Details

  • Sea Tern Subdivision

Listing and Financial Details

  • Tax Lot #18

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,592

Year Built

Built in 2005

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Head north on NC Rt. 12, east on Sea Tern Drive, oceanfront home on your right.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Handicap Friendly, Hot Tub, Landscaped
  • Flood Zone: AE
  • Headline: Oceanfront Investment!
  • Heated Sq Ft: 5446
  • L V T Date: 05/03/2019
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 222355
  • Deed Book Pg Number: 0500
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Home Theater
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 550

Lot Info

  • Lot Description: Beach Frontage
  • Lot Number: Lot#18
  • Deed Book: 2032

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Quack Shack
  • Rental Cottage Number: B800
  • Rental Phone Number: 252-457-1100
  • Rental Turnover Day: Sunday
  • Rental Contact Email: jkavanaugh@twiddy.com
  • Rental Contact Name: Jen Kavanaugh

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2020
  • Taxes: 21592.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2019
Closed on
Oct 16, 2020
Sold by
Quack Shack Llc
Bought by
Lawrence Christopher J and Lawrence Donna Marie
Seller's Agent
Hunter Davis
Twiddy and Company - Corolla
Buyer's Agent
Catherine Strachan
Brindley Beach Vacations & Sales-Duck
List Price
$2,149,000
Sold Price
$2,100,000
Premium/Discount to List
-$49,000
-2.28%
Current Estimated Value
$3,375,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,275,362
Avg. Annual Appreciation
9.54%
Original Mortgage
$1,575,000
Outstanding Balance
$1,397,708
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,977,654
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lawrence Christopher J $2,100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Christopher J $1,575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2020 10/20/20 Sold $2,100,000 +5.1% $386 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
02/22/2020 02/22/20 Price Changed $1,999,000 -7.0% $367 / Sq Ft
05/03/2019 05/03/19 For Sale $2,149,000 -- $395 / 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 $24,965 $3,440,800 $1,693,400 $1,747,400
2024 $21,718 $1,999,100 $1,001,300 $997,800
2023 $21,106 $2,039,012 $1,001,300 $1,037,712
2022 $21,106 $2,039,012 $1,001,300 $1,037,712
2021 $13,219 $2,130,324 $1,001,300 $1,129,024
2020 $21,548 $2,130,324 $1,001,300 $1,129,024
2019 $18,165 $1,531,800 $794,000 $737,800
2018 $18,165 $1,531,800 $794,000 $737,800
2017 $17,930 $1,531,800 $794,000 $737,800
2016 $17,303 $1,531,800 $794,000 $737,800
2014 $10,063 $1,531,800 $794,000 $737,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 105011

Outer Banks Association of REALTORS®

APN: 027970000