NOT LISTED FOR SALE

Estimated Value: $2,018,000 - $2,530,000

7 Beds
8 Baths
4,469 Sq Ft
$512/Sq Ft Est. Value

Last Sold February 14, 2024

Last sale price $2,250,000 $503 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $13,421/month

180 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • 0.77 Acre Lot
  • Community Beach Access
  • In Ground Pool
  • Second Refrigerator

About This Home

As of February 2024

This magnificent oceanfront retreat offers stunning ocean views at every turn. With 7 spacious bedrooms, 6 bathrooms, and 2 half baths, this residence provides ample space for large groups or extended families. A reverse open floor plan is designed to maximize the breathtaking views of the ocean. The main living area on the top level features a beamed cathedral ceiling and large windows, allowing natural light to flood the space and providing unobstructed panoramic vistas of the sparkling waters. The inviting family room is adorned with a cozy fireplace, perfect for cooler evenings and creating a warm ambiance. There is also a spacious and well-equipped kitchen that is sure to delight any culinary enthusiast. The kitchen features modern appliances, including two dishwashers, allowing for effortless meal preparation and clean-up. With plenty of counter space and storage, this kitchen is ideal for hosting large gatherings or preparing delicious meals for your family and friends. The adjacent dining area provides access to the screened porch. Here, you can relax and unwind while enjoying gentle coastal breezes and the soothing sound of crashing waves. It's an idyllic spot to sip morning coffee or dine al fresco with your group. The spacious en suite bedrooms are spread across multiple levels (the primary en suite being on the top level) each boasting its own private bathroom for ultimate convenience and privacy. The spacious primary en suite bedroom features a private deck- the perfect spot to soak in the early morning sunrise over the ocean. Wake up to breathtaking ocean views in the 5 en suite bedrooms located on the mid-level which enjoy access to the covered oceanside deck. The final guest room and full hall bath are located on the ground level. The ground level also offers an additional half bath and a game room complete with a wet bar. From here, you can access the 13x27’ private pool and hot tub area where you can take a dip, soak up the sun, or simply unwind in the luxurious surroundings. The gazebo offers a shady spot to enjoy lunch poolside. A private boardwalk leads directly from the house to the pristine sandy beach, offering convenient and exclusive access to the ocean. This well maintained oceanfront vacation home is the epitome of coastal elegance, offering an unforgettable retreat for those seeking a truly remarkable getaway. With its breathtaking views, reverse open floor plan, inviting living spaces, and luxurious amenities, this property provides an unparalleled experience in a serene beachfront setting, along with robust rental income. Located in the community of Ocean Hill, all the conveniences and attractions of the northern beaches are at your fingertips.

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 07/12/2023

Keller Williams - Outer Banks

Co-Listed By

Terry Blocher

Keller Williams - Outer Banks License #271673

Last Buyer's Agent

Victoria Botson

Brindley Beach Vacations & Sales-Duck License #319154

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,946

Year Built

  • Built in 1997

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 95x306x110x292
  • Beach Front
  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Property is zoned SFO

HOA Fees

  • $29 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,469 Sq Ft Home
  • Wet Bar
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Screened Porch
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Gazebo

Utilities

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

Listing and Financial Details

  • Tax Lot 31

Community Details

Overview

  • Association fees include road maintenance, walkways
  • Village Realty Assoc. Mgmt Association
  • Ocean Hill Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,946

Year Built

Built in 1997

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Directions: Ocean Trail north to right onto Coral Lane, left onto Atlantic, property is oceanfront.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Gazebo, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: VE, X
  • Headline: Ocean Front Wow!
  • Heated Sq Ft: 4469
  • L V T Date: 07/12/2023
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Oceanfront
  • Zoning: SFO
  • Advertised Income 2021: 186851
  • Advertised Income 2022: 198681
  • Deed Book Pg Number: 438
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • 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: 7
  • Countertops: Granite
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Ceramic Tile, Tile, Engineered Wood
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Breakfast Nook, Foyer, Game Room
  • Partial Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: Attached, 1 Car, Carport
  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Electric, Heat Pump
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Road Maintenance, Walkways
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 344
  • Hoa Contact: Village Realty Assoc. Mgmt
  • HOA Contact: oceanhill@vrobx.com
  • Home Owner Dwelling Insurance: 2659

Lot Info

  • Estimated Lot Sq Ft: 33529
  • Lot Description: Beach Frontage, Level
  • Lot Size: 95x306x110x292
  • Lot Number: Lot 31
  • Estimated Lot Size: 0.77
  • Deed Book: 1644

Rental Info

  • Est Annual Rental Income: 240900
  • Estimated Rental Performance: 0.1071
  • Flood Expenses: 1516
  • Lease Terms: Weekly
  • Poolspa Expense: 1890
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Toes In The Sand
  • Rental Cottage Number: N031
  • Rental Phone Number: 252-457-0489
  • Rental Turnover Day: SATURDAY
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1841
  • Annual Electric: 4496
  • Annual Water Expense: 692
  • Rental Contact Email: owner@twiddy.com
  • Rental Contact Name: Shelby Hanrahan
  • Rental Contact Phone: 252-457-0489

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2022
  • Taxes: 7946

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Jan 31, 2024
Sold by
Qian Yong and Qian Nancy L
Bought by
Champion Albert J
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Victoria Botson
Brindley Beach Vacations & Sales-Duck
List Price
$2,595,000
Sold Price
$2,250,000
Premium/Discount to List
-$345,000
-13.29%
Views
461
Current Estimated Value
$2,287,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,394
Avg. Annual Appreciation
1.12%
Original Mortgage
$1,395,000
Outstanding Balance
$1,377,120
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$910,274

Purchase Details

Listed on
Mar 4, 2021
Closed on
Aug 13, 2021
Sold by
Fussner Jeffrey P and Fussner Raine
Bought by
Qian Yong and Guo Nancy L
Seller's Agent
Hunter Davis
Twiddy and Company - Corolla
Buyer's Agent
Robert Ladd
Twiddy and Co. - Duck
List Price
$2,195,000
Sold Price
$1,800,000
Premium/Discount to List
-$395,000
-18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$1,440,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2006
Sold by
Gill John M and Gill Mary Klein
Bought by
Fussner Jeffrey P and Fussner Raine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
6.44%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Champion Albert J $2,250,000 None Listed On Document
Qian Yong $1,800,000 None Available
Fussner Jeffrey P $2,400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Champion Albert J $1,395,000
Previous Owner Qian Yong $1,440,000
Previous Owner Fussner Jeffrey $660,000
Previous Owner Fussner Jeffrey P $420,000
Previous Owner Gill Mary Klein $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Sold $2,250,000 -9.8% $503 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
10/20/2023 10/20/23 Price Changed $2,495,000 -3.9% $558 / Sq Ft
07/12/2023 07/12/23 For Sale $2,595,000 +44.2% $581 / Sq Ft
08/13/2021 08/13/21 Sold $1,800,000 -14.3% $397 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
03/31/2021 03/31/21 Price Changed $2,100,000 -4.3% $464 / Sq Ft
03/04/2021 03/04/21 For Sale $2,195,000 -- $485 / 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 $11,137 $1,494,300 $949,600 $544,700
2023 $11,137 $1,456,400 $949,600 $506,800
2022 $7,946 $1,456,400 $949,600 $506,800
2021 $7,924 $1,549,900 $1,068,300 $481,600
2020 $8,570 $1,549,900 $1,068,300 $481,600
2019 $8,606 $1,549,900 $1,068,300 $481,600
2018 $8,542 $1,549,900 $1,068,300 $481,600
2017 $7,747 $1,549,900 $1,068,300 $481,600
2016 $7,732 $1,549,900 $1,068,300 $481,600
2015 $7,711 $1,549,900 $1,068,300 $481,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 122769

Outer Banks Association of REALTORS®

APN: 114C-000-0031-0001