NOT LISTED FOR SALE

123 Timberlin Way Manteo, NC 27954

Estimated Value: $443,000 - $515,000

4 Beds
2 Baths
1,962 Sq Ft
$250/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $470,000 $240 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,703/month

23 Days on Market

Highlights

  • Ranch Style House
  • Granite Countertops
  • Utility Room
  • Wood Flooring
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of October 2023

Beautiful ranch style home located in Manteo Community. This 4-bedroom 2-bath home boasts plenty of space both inside and out, making it the perfect place to call your own. As you step inside, you'll immediately notice the charming oak flooring, providing both a timeless and welcoming feeling. The spacious living room has an open floor plan creating the perfect setting. Let the sun spill in through large windows providing an abundance of natural light that adds warmth to the space. As an added benefit, there is a bonus room. Extra space is always welcomed – whether you use it as a playroom, home office or design the master suite of your dreams - it’s a bonus room with flexibility. Set on a large lot, there could be room to accommodate a garage or to just enjoy a nice large yard. Great opportunity for first time home buyers, retiree, second home or investor looking for a quiet residential community near Historic Manteo, schools, shopping, restaurants, and attractions- add this one to your list - it has a lot of potential and is a great opportunity! 2023 Upgrades include: new HVAC and new roof

Last Agent to Sell the Property

Bill Zottoli

Coastal Living Realty License #246699 Listed on: 08/24/2023

Last Buyer's Agent

Audra Shackelford

The Shackelford Group License #214431

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,608

Year Built

  • Built in 1998

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 112x73x212x100x191
  • Level Lot
  • Property is zoned R-2

Home Design

  • Ranch Style House
  • Masonry Perimeter Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,962 Sq Ft Home
  • Utility Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Storage Shed

Utilities

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

Community Details

  • Pinewood Subdivision

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,608

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Ranch
  • Directions: From 64/264 at Manteo Library, turn onto Burnside, make right on Rimpaul, Make left onto Timberlin, house is on the right.
  • Extras: Storage Shed
  • Flood Zone: X, Shaded X
  • Heated Sq Ft: 1962
  • L V T Date: 08/24/2023
  • Roads: Paved
  • Sale/Rent: For Sale
  • Zoning: R-2
  • Deed Book Pg Number: 0232
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C17939
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Countertops: Granite
  • Floor Coverings: Tile, Wood
  • Foundation: Masonry
  • Full Bathrooms: 2
  • Optional Rooms: Office, Utility Room

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 29000
  • Lot Description: Level
  • Lot Size: 112x73x212x100x191
  • Lot Number: Lot 1
  • Estimated Lot Size: 0.67
  • Deed Book: 1542

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2023
  • Taxes: 1608

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Oct 12, 2023
Sold by
Chen Song Jian and Chen Meixing
Bought by
Cohen Justin E and Cohen Rachel
Seller's Agent
Bill Zottoli
Coastal Living Realty
Buyer's Agent
Audra Shackelford
The Shackelford Group
List Price
$485,000
Sold Price
$470,000
Premium/Discount to List
-$15,000
-3.09%
Views
79
Current Estimated Value
$484,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,905
Avg. Annual Appreciation
2.48%
Original Mortgage
$376,000
Outstanding Balance
$369,290
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$122,024
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
Cohen Justin E $2,820,000 None Listed On Document
Cohen Justin E $2,820,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Justin E $376,000
Closed Cohen Justin E $376,000
Previous Owner Lewis Wanda B $10,327
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $470,000 -3.1% $240 / Sq Ft
09/16/2023 09/16/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $485,000 -- $247 / 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 $1,547 $280,000 $74,600 $205,400
2023 $1,601 $292,665 $74,600 $218,065
2022 $1,572 $292,665 $74,600 $218,065
2021 $1,549 $292,665 $74,600 $218,065
2020 $1,541 $280,000 $74,600 $205,400
2019 $1,460 $223,400 $54,100 $169,300
2018 $1,471 $223,400 $54,100 $169,300
2017 $1,474 $223,400 $54,100 $169,300
2016 $1,373 $223,400 $54,100 $169,300
2014 $1,378 $223,400 $54,100 $169,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 123216

Outer Banks Association of REALTORS®

APN: 023048000