NOT LISTED FOR SALE

Estimated Value: $1,127,725 - $1,282,000

7 Beds
6.5 Baths
3,400 Sq Ft
$357/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $678,000 $199 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $7,189/month

8 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Concrete Pool
  • Ocean View
  • Home Theater
  • Second Refrigerator

About This Home

As of August 2020

Calling all investors! This outstanding rental/investment home has close to $80,000 in gross bookings for 2020 and is producing over 11% ROI with potential to increase! (current owner, who is also the original owner, does not allow pets or maximize shoulder season). The seller also takes 1 to 2 prime weeks every summer, and rents one to friends. Only 250 yards to the beach with an easy stroll north past 6 homes on Windance Lane and you are at the direct beach access. With sweeping views of the Atlantic Ocean, and the Currituck Lighthouse, this 7 bedroom (5 are masters) coastal home is just steps away from community oceanfront pool, beach access, and the beloved pristine 4-wheel drive area. High quality construction is evident throughout the house, from the great room to the lower level game room. Custom built (BD&A), pristine condition, and well maintained home located in a quiet cul-de-sac in the Villages at Ocean Hill. Be ready to be dazzled by dancing ocean views on the top level. The extensive wall of windows on the north and east side showcase the beautiful sunrises in the morning and the moonrise at night. Well appointed details throughout. Vaulted great room with wooden floors, custom wood work, gas fire place, powder bath, large open kitchen with granite countertops, stainless steel appliances, ceramic tile floors, breakfast bar, large dining area, ships watch & master suite with ocean views and large master bath. Mid level offers 4 master bedrooms & media room. Lower level has 2 bedrooms, shared full bath, game room with kitchenette. Outside includes; 15x30 private pool & hot tub where you can enjoy a drink at the tiki bar, 2 outdoor showers, carport with ping pong table, and custom cubbies for beach/pool gear, and extra long driveway for added privacy and conveniently holds 7 vehicles. All perched on a 1/3 of an acre with high elevation, in X flood zone (no flood insurance required), and on a cul-de-sac perfect for safety of small children and dogs. Painted inside and out 2 years ago and had a bit of touch up done this spring with power wash. Brand new carpet installed 2019, new HVAC, dishwashers (1-3 yrs old), and hardwood floors recently refinished. Community amenities include, ocean & lakefront pools, tennis courts, fitness center, playground, basketball court, volleyball/shuffleboard court, 10 acre lake & pedestrian walkways throughout. Easy walk to beach access. Close to shops, restaurants and Historic Corolla Village.***** To view short property video copy and paste link below: https://youtu.be/zwqAU18M9Rw To view aerial video copy and paste link below: https://my.matterport.com/show/?m=g5BuxSyeJNA&brand=0

Last Agent to Sell the Property

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 07/03/2020

Coldwell Banker Seaside Realty - KDH

Last Buyer's Agent

Tim Lancsek

Surfside Realty License #210399

Surfside Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,313

Year Built

  • Built in 2004

Lot Details

  • 0.3 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,400 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Home Theater
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private Sewer

Listing and Financial Details

  • Tax Lot #127

Community Details

Overview

  • Association fees include common insurance, management, pool, road maintenance, tennis courts, walkways
  • Villages At Ocean Hill Subdivision

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,313

Year Built

Built in 2004

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: NC 12 to VOH, E on Ocean Hill Ct. N on Windance, E on Windjammer 3rd house on right.
  • Extras: Beach Access, Ceiling Fan(s), Common Laundry Area, Covered Decks, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Tiki Bar
  • Flood Zone: X
  • Headline: 11% R.O.I. $78,425 Booked YTD
  • Heated Sq Ft: 3400
  • L V T Date: 07/03/2020
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: Res
  • Advertised Income 2020: 78425
  • Deed Book Pg Number: 556
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • 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
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 2
  • Bedroom 6: On Level: 1
  • Bedroom 7: On Level: 1
  • Kitchen: On Level: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Ensuite, Pantry, Wet Bar
  • Dining Room: On Level: 3
  • Game Room: On Level: 1
  • Living Room: On Level: 3
  • Optional Rooms: Game Room, Shipswatch, Media Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Concrete, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Management, Pool, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 1600

Lot Info

  • Estimated Lot Sq Ft: 13167
  • Lot Description: Cul-de-sac
  • Lot Faces: W
  • Lot Number: Lot #127
  • Estimated Lot Size: 0.30
  • Deed Book: 1091

Rental Info

  • Est Annual Rental Income: 78425
  • Estimated Rental Performance: 0.1157
  • Lease Terms: Weekly
  • Rental Co: Village Realty
  • Rental Cottage Name: The Endless Summer
  • Rental Cottage Number: VOH01
  • Rental Phone Number: 252-453-9650
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2019
  • Taxes: 3312.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Sep 30, 2020
Sold by
Walko Christine M
Bought by
Walko Christine M and Chesney Raymond P
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Tim Lancsek
Surfside Realty
List Price
$698,000
Sold Price
$678,000
Premium/Discount to List
-$20,000
-2.87%
Current Estimated Value
$1,214,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,908
Avg. Annual Appreciation
12.32%
Original Mortgage
$610,200
Outstanding Balance
$542,740
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$672,168

Purchase Details

Listed on
Jul 3, 2020
Closed on
Aug 25, 2020
Sold by
Minsch William J and Minsch Leslie A
Bought by
Walko Christine M
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Tim Lancsek
Surfside Realty
List Price
$698,000
Sold Price
$678,000
Premium/Discount to List
-$20,000
-2.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,200
Outstanding Balance
$542,740
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$672,168

Purchase Details

Closed on
Jun 2, 2009
Sold by
Minsch William J and Minsch Leslie A
Bought by
Minsch William J and Minsch Leslie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,500
Interest Rate
4.77%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Walko Christine M -- None Available
Walko Christine M $678,000 None Available
Minsch William J -- Mortgage Information Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walko Christine M $610,200
Previous Owner Minsch William J $334,000
Previous Owner Minsch William J $396,000
Previous Owner Minsch William J $400,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $678,000 -2.9% $199 / Sq Ft
07/11/2020 07/11/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $698,000 -- $205 / 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 $5,384 $676,100 $149,000 $527,100
2023 $5,384 $676,100 $149,000 $527,100
2022 $3,961 $676,100 $149,000 $527,100
2021 $3,946 $558,400 $140,000 $418,400
2020 $3,309 $558,400 $140,000 $418,400
2019 $3,305 $558,400 $140,000 $418,400
2018 $3,329 $558,400 $140,000 $418,400
2017 $3,029 $558,400 $140,000 $418,400
2016 $3,032 $558,400 $140,000 $418,400
2015 $3,036 $558,400 $140,000 $418,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109956

Outer Banks Association of REALTORS®

APN: 114E-000-0127-0000