NOT LISTED FOR SALE

122 Chip Ct Duck, NC 27949

Estimated Value: $925,000 - $1,223,000

5 Beds
5 Baths
2,470 Sq Ft
$432/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $625,000 $253 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,067/month

4 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Spa
  • Kitty Hawk Elementary School Rated 9+
  • Health Club
  • Clubhouse

About This Home

As of February 2021

Well cared for 5 bedroom home in Schooner Ridge with a hot tub, used only lovingly as a second home. New roof in 2019! Rental projection on file both as is and with the addition of a private pool. With a pool added, the home is projected to do over $64K in rental income annually. Enjoy the beautifully remodeled kitchen and open living room/dining/kitchen on the top level that open up to east facing decks on the top floor with distant ocean views. Don't miss it!

Last Agent to Sell the Property

Four Seasons Realty

Four Seasons Realty License #177785 Listed on: 12/18/2020

Co-Listed By

Robert Konstanzer

Four Seasons Realty License #189406

Last Buyer's Agent

Denice Tappero

Coldwell Banker Seaside Realty KH License #268929

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,207

Year Built

  • Built in 1999

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $208 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Asphalt Shingled Roof
  • Lap Siding

Interior Spaces

  • 2,470 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Covered Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 19

Community Details

Overview

  • Seaside Management Association, Phone Number (252) 261-1200
  • Schooner Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,207

Year Built

Built in 1999

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: Heart of Duck
  • Heated Sq Ft: 2470
  • L V T Date: 12/18/2020
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: 2
  • Zoning: res
  • Deed Book Pg Number: 808
  • 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: Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ensuite, Pantry, Washer Connection

Exterior Features

  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Health Club, Indoor-Comm. Pool, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 2500
  • Hoa Contact: Seaside Management
  • HOA Contact: 252-261-1200

Lot Info

  • Lot Description: Cul-de-sac, Level
  • Lot Number: Lot 19
  • Deed Book: 2023

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2020
  • Taxes: 3206.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Feb 19, 2021
Sold by
Peduto Anthony F and Peduto Living Trust
Bought by
Slepian Adam and Slepian Lauren
Seller's Agent
Four Seasons Realty
Four Seasons Realty
Buyer's Agent
Denice Tappero
Coldwell Banker Seaside Realty KH
List Price
$629,000
Sold Price
$625,000
Premium/Discount to List
-$4,000
-0.64%
Current Estimated Value
$1,016,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,863
Avg. Annual Appreciation
12.73%
Original Mortgage
$500,000
Outstanding Balance
$451,915
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$614,740

Purchase Details

Closed on
May 15, 2015
Sold by
Peduto Anthony F
Bought by
Peduto Anthony F and The Peduto Living Trust

Purchase Details

Closed on
Nov 26, 2007
Sold by
Peduto Eileen
Bought by
Peduto Anthony F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
8.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Slepian Adam $3,125,000 None Available
Peduto Anthony F -- None Available
Peduto Anthony F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slepian Adam $500,000
Previous Owner Peduto Anthony F $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $625,000 -0.6% $253 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $629,000 -- $255 / 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 $3,494 $537,200 $222,200 $315,000
2023 $3,333 $537,200 $222,200 $315,000
2022 $3,333 $537,200 $222,200 $315,000
2021 $3,333 $537,200 $222,200 $315,000
2020 $3,292 $537,200 $222,200 $315,000
2019 $3,292 $473,700 $206,500 $267,200
2018 $3,305 $473,700 $206,500 $267,200
2017 $3,225 $473,700 $206,500 $267,200
2016 $3,035 $473,700 $206,500 $267,200
2014 $3,032 $473,700 $206,500 $267,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112210

Outer Banks Association of REALTORS®

APN: 026469019