NOT LISTED FOR SALE

1198 New River Inlet Rd North Topsail Beach, NC 28460

Estimated Value: $851,074 - $1,059,000

4 Beds
3 Baths
1,558 Sq Ft
$634/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $553,000 $355 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,775/month

346 Days on Market

Highlights

  • Ocean Front
  • 0.55 Acre Lot
  • Vaulted Ceiling
  • Ocean Side of Freeway
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of April 2018

Beautiful oceanfront home with 4 bedrooms, 3 baths and multiple decks on both the ocean and street fronts. The dune top deck and gazebo is the perfect place to catch a little sun or watch the kids playing on the beach. All bedrooms are ocean facing and all have direct access to the decks. Ground level includes 3 carport bay. This perfectly decorated home has tiled floors in the great room, kitchen and baths. It is also a great investment property doing $43,820 in 2015, growing to $56,785 GRI in 2016 and has $54,510 booked for 2017. As of 3/12/18 $32,787 prebooked for 2018. Make your appointment to see this wonderful property today!

Last Agent to Sell the Property

Bizz Baker

Treasure Realty Inc License #233793 Listed on: 03/29/2017

Treasure Realty Inc

Last Buyer's Agent

Bizz Baker

Treasure Realty Inc License #233793 Listed on: 03/29/2017

Treasure Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,278

Year Built

  • Built in 2011

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 60x399x60x405
  • Ocean Front
  • Property is zoned R-15

Home Design

  • Reverse Style Home
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,558 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • 3 Attached Carport Spaces
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association
  • Ocean Wynds Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 774g-22

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,278

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: Yes
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2011
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Blinds/Shades, Reverse Floor Plan, Solid Surface, Smoke Detectors, Furnished, Ceiling Fan(s), Ceiling - Vaulted
  • List Price per Sq Ft: 369.06
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 7
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 1558.00
  • Total Heated Primary Separate Sq Ft: 1558.00

Exterior Features

  • Exterior Features: Outdoor Shower, Storm Windows
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Open, Porch, Covered, Deck
  • Road Type Frontage: Maintained, Unpaved, Public (City/Cty/St), Paved
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Carport Spaces: 3.00
  • Total Carport Spaces: 3.00
  • Parking Driveway: Carport, Off Street, On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Jones-Onslow EMC
  • Service Providers Sewer Provider: Pluris LLC
  • Service Providers Water Provider: Onslow Water Authority
  • Utilities: Municipal Water, Private Sewer
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 439.00
  • Lot Acres: 0.55
  • Lot Dimensions: 60x399x60x405
  • Lot Number: 20
  • Lot Sq Ft: 24119.00
  • Lot Water Features: Ocean Side
  • Plat Book: 29
  • Plat Page: 223
  • Zoning: R-15
  • Lot View Type: Ocean View, Water View

Rental Info

  • Rental Income Gross Rental Income: 54510.00
  • Annual Gross Rental Income Collected: 2017

Tax Info

  • Tax Identifier: 774g-22
  • Tax Year: 2016
  • Total City Real Estate Property Tax: 1942.64
  • Total Real Estate Property Taxes: 5277.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2017
Closed on
Apr 12, 2018
Sold by
Gray Gary F and Gray Susan L
Bought by
Smith Timothy M and Smith Vicki L
Seller's Agent
Bizz Baker
Treasure Realty Inc
Buyer's Agent
Bizz Baker
Better Homes and Gardens Real Estate Treasure
List Price
$575,000
Sold Price
$553,000
Premium/Discount to List
-$22,000
-3.83%
Current Estimated Value
$987,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,025
Avg. Annual Appreciation
8.19%
Original Mortgage
$442,400
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2008
Sold by
Gray John M and Gray Elizabeth R
Bought by
Gray Gary F and Gray Susan L

Purchase Details

Closed on
Oct 24, 2008
Sold by
Gray Gary F and Gray Susan L
Bought by
Gray John M and Gray Elizabeth R

Purchase Details

Closed on
Jun 29, 2007
Sold by
Ccw Development Llc
Bought by
Gray Gary F and Gray Susan L
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
Smith Timothy M $553,000 None Available
Gray Gary F -- None Available
Gray John M -- None Available
Gray Gary F $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Timothy M $429,000
Closed Smith Timothy M $442,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2018 04/13/18 Sold $553,000 -3.8% $355 / Sq Ft
03/10/2018 03/10/18 Pending -- -- --
03/29/2017 03/29/17 For Sale $575,000 -- $369 / 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
2025 $6,759 $622,917 $280,000 $342,917
2024 $6,759 $622,917 $280,000 $342,917
2023 $6,759 $622,917 $280,000 $342,917
2022 $6,759 $622,917 $280,000 $342,917
2021 $4,540 $389,740 $192,000 $197,740
2020 $4,346 $389,740 $192,000 $197,740
2019 $4,346 $389,740 $192,000 $197,740
2018 $4,053 $386,520 $192,000 $194,520
2017 $5,278 $494,060 $340,000 $154,060
2016 $5,278 $494,060 $0 $0
2015 $5,278 $494,060 $0 $0
2014 $5,278 $494,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100055269

Hive MLS

APN: 052533