NOT LISTED FOR SALE

Estimated Value: $1,294,000 - $2,614,000

5 Beds
5 Baths
4,702 Sq Ft
$477/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $2,125,000 $452 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $14,007/month

263 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Rooftop Deck
  • Community Beach Access
  • In Ground Pool
  • Dumbwaiter

About This Home

As of April 2023

Unique Oceanfront Estate with Magnificent Ocean Views. This Craftsman-Style Cottage is situated on a Elevated 28,000 Sq Ft Lot and in an X Flood Zone! (Flood Insurance optional) Custom architectural woodwork, including stunning antique heart Pine "peg" wood floors. Designed to capture views of the Atlantic Ocean on every level. Step into the impressive 3-story Foyer with custom Juniper wood ceilings, plantation shutters, & showcasing wide custom wood stairs with Fir handrails, that lead to an open floor plan. The great room offers 2 stories of soaring windows with ocean views, Cypress wood cathedral ceilings and an impressive stone, gas fireplace, with an oceanside Catwalk -- a RARE feature -- that leads to an oceanside balcony. Gaze at the ocean from the gourmet kitchen with large kitchen island and Oak floors, gas countertop range, plantation shutters, and beautiful Spanish tile. You will also find custom cabinetry and bar for entertaining guests. Enter the massive Master Suite through arched doorways, offering an ocean-view sitting area. The impressive Master Bathroom features a clawfoot tub, double vanity, & a spacious tiled, glass shower with a teak bench, cedar lined closets, and Bidet. All of the other bedrooms and bathrooms are spacious, with large closets and room for expansion. Relax & enjoy the Ocean breeze from your Private Pool (Installed 2018), Hot Tub (2018), Covered Decks, and Personal Beach Boardwalk (recently remodeled). Notable features include a Ship's Watch on the 4th floor, with private balcony and rooftop deck, offering spectacular ocean views, plantation shutters that are found throughout the home, custom woodwork, arched doors, and an oversized garage/workshop, that could be made into a Game Room. Located in the desirable Ocean Hill subdivision. Did I mention, it is SOLD FURNISHED!!! New Trane HVACs Installed 2019 & 2022. New Septic System 2017. New Anderson windows 2022, new gas fireplace 2022, exterior painted 2022, new hot water heaters 2022. Decks repaired and painted, 2022. Confirmed Room for Elevator. Projected to generate $225,000. ***Already booked over $152,000. for 2023 season!

Last Agent to Sell the Property

Pamela Howard

Coastal Shores Realty Group License #274371 Listed on: 06/03/2022

Last Buyer's Agent

Raju Uppalapati

Outer Banks Realty Group License #187530

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,785

Year Built

  • Built in 1989

Lot Details

  • 0.65 Acre Lot
  • Beach Front
  • Fenced Yard
  • Property is zoned SFO

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 4,702 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Bay Window
  • Entrance Foyer
  • Workshop
  • Sun or Florida Room
  • Utility Room
  • Ocean Views
  • Attic

Kitchen

  • Dumbwaiter
  • Built-In Oven
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Tuck Under Parking

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Rooftop Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 37

Community Details

Overview

  • Kris Hazzard Association
  • Built by Pete Hunter
  • Ocean Hill Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,785

Year Built

Built in 1989

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Craftsman, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Outside Lighting, Outside Shower, Sun Deck, Dumbwaiter/Lift, Roof Top Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: Renovated Unique Oceanfront
  • Heated Sq Ft: 4702
  • L V T Date: 06/03/2022
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Oceanfront
  • Zoning: SFO
  • Deed Book Pg Number: 528
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C34726
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Disposal, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer
  • Bedrooms: 5
  • Countertops: Granite, Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling, Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Attic, Bay/Bow Window, Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Fireplace, Ensuite, Pantry, Walk in Closet, Washer Connection
  • Optional Rooms: Foyer, Sun/Florida Room, Utility Room, Workshop, Shipswatch
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: Pete Hunter
  • Construction: Frame
  • Exterior: Lap Siding, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 1 Car, Attached, Carport
  • Garage Sq Ft: 600
  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 344
  • Hoa Contact: Kris Hazzard
  • HOA Contact: oceanhill@vrobx.com
  • Home Owner Dwelling Insurance: 7623

Lot Info

  • Estimated Lot Sq Ft: 28220
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Size: 28220
  • Lot Number: Lot 37
  • Estimated Lot Size: 0.65
  • Deed Book: 1423

Rental Info

  • Est Annual Rental Income: 225000
  • Estimated Rental Performance: 0.1059
  • Poolspa Expense: 1975
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: WILDFLOWER
  • Rental Cottage Number: NO37
  • Rental Turnover Day: SUNDAY
  • Annual Cable TV Expense: 948
  • Annual Electric: 2804
  • Annual Water Expense: 626

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2022
  • Taxes: 7785.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2024
Sold by
Howard David
Bought by
Dozier Lawrence Jonathan
Current Estimated Value
$2,461,798

Purchase Details

Listed on
Jun 3, 2022
Closed on
Apr 6, 2023
Sold by
Schweppe Michael W and Schweppe Elizabeth L
Bought by
Howard David
Seller's Agent
Pamela Howard
Coastal Shores Realty Group
Buyer's Agent
Raju Uppalapati
Outer Banks Realty Group
List Price
$2,400,000
Sold Price
$2,125,000
Premium/Discount to List
-$275,000
-11.46%
Views
226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%
Original Mortgage
$1,912,500
Interest Rate
5.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2017
Closed on
Sep 27, 2017
Sold by
Feaster Janet K and Feaster Marshall M
Bought by
Schweppe Michael W and Schweppe Elizabeth L
Seller's Agent
Ronald Barrett
Brindley Beach Vacations & Sal
Buyer's Agent
Pamela Howard
Coastal Shores Realty Group
List Price
$1,485,000
Sold Price
$1,400,000
Premium/Discount to List
-$85,000
-5.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$1,120,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 15, 2006
Sold by
Feaster Marshall M and Feaster Jane K
Bought by
Feaster Jane K
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
Dozier Lawrence Jonathan $2,600,000 None Listed On Document
Howard David $12,750,000 None Listed On Document
Schweppe Michael W $1,400,000 Attorney
Feaster Jane K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Howard David $1,912,500
Previous Owner Schweppe Michael W $1,120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $2,125,000 -11.5% $452 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
01/23/2023 01/23/23 For Sale $2,400,000 0.0% $510 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
01/16/2023 01/16/23 Price Changed $2,400,000 -5.9% $510 / Sq Ft
11/18/2022 11/18/22 Price Changed $2,550,000 -4.7% $542 / Sq Ft
10/14/2022 10/14/22 Price Changed $2,675,000 -0.9% $569 / Sq Ft
08/31/2022 08/31/22 Price Changed $2,699,000 -1.9% $574 / Sq Ft
07/19/2022 07/19/22 Price Changed $2,750,000 -1.8% $585 / Sq Ft
07/07/2022 07/07/22 Price Changed $2,800,000 -3.4% $595 / Sq Ft
06/27/2022 06/27/22 Price Changed $2,900,000 -3.0% $617 / Sq Ft
06/03/2022 06/03/22 For Sale $2,990,000 +113.6% $636 / Sq Ft
10/27/2017 10/27/17 Sold $1,400,000 -5.7% $290 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $1,485,000 -- $308 / 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 $11,106 $1,519,900 $904,400 $615,500
2023 $11,106 $1,488,900 $904,400 $584,500
2022 $7,800 $1,444,000 $904,400 $539,600
2021 $7,785 $1,590,200 $1,071,000 $519,200
2020 $8,698 $1,590,200 $1,071,000 $519,200
2019 $8,836 $1,578,700 $1,071,000 $507,700
2018 $8,772 $1,578,700 $1,071,000 $507,700
2017 $7,828 $1,578,700 $1,071,000 $507,700
2016 $7,828 $1,578,700 $1,071,000 $507,700
2015 $7,828 $1,578,700 $1,071,000 $507,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119150

Outer Banks Association of REALTORS®

APN: 114C-000-0037-0001