NOT LISTED FOR SALE

122 Carroll Dr Duck, NC 27949

Estimated Value: $2,927,000 - $3,251,000

6 Beds
7 Baths
4,873 Sq Ft
$638/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $2,475,000 $508 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $18,474/month

468 Days on Market

Highlights

  • Ocean Front
  • Home Theater
  • Second Refrigerator
  • Kitty Hawk Elementary School Rated 9+
  • Heated In Ground Pool
  • Furnished

About This Home

As of August 2021

OVER $200K IN RENTAL INCOME! Beautiful oceanfront in north Duck with sweeping views. A sound investment with great rental income, the home consistently generates about $200,000 in income each year. New roof in 2017, New carpet in 2021, new peat septic in 2019. Enjoy the pleasures of an oceanfront home with plenty of wide sandy beach at your doorstep in addition to a spacious floor plan, spectacular views, and tasteful furnishings. Equipped for fun and meticulously maintained, this investment home offers a host of amenities including 4 master suites, an elevator, theatre room, game room, and private heated pool and hot tub. View drone footage here! https://youtu.be/1yRYU2eByY0

Last Agent to Sell the Property

Four Seasons Realty

Four Seasons Realty License #177785 Listed on: 03/24/2020

Co-Listed By

Robert Konstanzer

Four Seasons Realty License #189406

Last Buyer's Agent

Gray Berryman

Carolina Designs Realty License #214315

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,449

Year Built

  • Built in 2005

Lot Details

  • Ocean Front

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 4,873 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Home Theater
  • Game Room
  • Ocean Views
  • Dryer

Kitchen

  • Built-In Oven
  • Microwave
  • Second Refrigerator
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 12

Community Details

Overview

  • Caffey's Inlet Poa
  • Built by Mancuso
  • Caffey's Inlet Hamlet Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,449

Year Built

Built in 2005

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Boardwalk to Beach, Ceiling Fan(s), Elevator, Hot Tub
  • Flood Zone: VE
  • Headline: OVER $215K IN INCOME- DUCK OF
  • Heated Sq Ft: 4873
  • L V T Date: 03/24/2020
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 185215
  • Advertised Income 2021: 215010
  • Deed Book Pg Number: 0232
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C14915
  • 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, Wall Oven, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Home Theater
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: Mancuso
  • Construction: Frame
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 200
  • Hoa Contact: caffey's inlet poa
  • HOA Contact: caffeys inlet poa

Lot Info

  • Lot Description: Water Frontage
  • Lot Number: Lot 12
  • Deed Book: 2025

Rental Info

  • Est Annual Rental Income: 212515
  • Estimated Rental Performance: 0.0859
  • Flood Expenses: 825
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Summerview
  • Rental Cottage Number: B820
  • 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: 21449.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2020
Closed on
Aug 31, 2021
Sold by
Summerview Llc
Bought by
Gerstein Jim
Seller's Agent
Four Seasons Realty
Four Seasons Realty
Buyer's Agent
Gray Berryman
Carolina Designs Realty
List Price
$2,399,000
Sold Price
$2,475,000
Premium/Discount to List
$76,000
3.17%
Current Estimated Value
$3,110,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,813
Avg. Annual Appreciation
6.47%
Original Mortgage
$1,856,250
Outstanding Balance
$1,692,727
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,496,194
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
Gerstein Jim $2,475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerstein Jim $1,856,250
Previous Owner Lischick Walter P $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $2,475,000 -1.0% $508 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
04/23/2021 04/23/21 Price Changed $2,499,000 +4.2% $513 / Sq Ft
03/24/2020 03/24/20 For Sale $2,399,000 -- $492 / 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 $22,598 $2,076,700 $952,000 $1,124,700
2023 $21,962 $2,121,688 $952,000 $1,169,688
2022 $21,962 $2,121,688 $952,000 $1,169,688
2021 $21,950 $2,120,544 $952,000 $1,168,544
2020 $16,772 $2,120,544 $952,000 $1,168,544
2019 $16,772 $1,415,300 $754,900 $660,400
2018 $17,638 $1,486,600 $754,900 $731,700
2017 $17,410 $1,486,600 $754,900 $731,700
2016 $16,801 $1,486,600 $754,900 $731,700
2014 $9,748 $1,486,600 $754,900 $731,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108866

Outer Banks Association of REALTORS®

APN: 009417000