NOT LISTED FOR SALE

Estimated Value: $2,006,000 - $2,549,000

8 Beds
10 Baths
4,256 Sq Ft
$543/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $1,290,000 $303 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $13,411/month

31 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • In Ground Pool
  • Community Beach Access
  • Health Club
  • Second Refrigerator

About This Home

As of July 2020

Check out this awesome & well maintained 8 bedroom Oceanfront home in the Villages of Ocean Hill! All will enjoy privacy in the 8 en-suite bedrooms given its well designed layout. The top level is spacious and window lined for the ocean views you have dreamed of! The open concept living area with wood flooring has a recently updated kitchen with a very large cooking island, quartz countertops and is equipped with 2 wall ovens, 2 dishwashers ample storage and views. The large and bright living room has the decking right outside. A beautiful circular and lofted dining area has you feeling like you are boating on the ocean! Just outside the living area is the deck overlooking the Atlantic Ocean, pool and hot tub. There is a nice master bedroom along with a half bath on this level as well. The middle level into the foyer that leads you to the oceanside den along with 2 master bedrooms. On the other side of the foyer are 2 more master bedrooms. The level below has 2 more master bedrooms. You can enjoy a game of pool in the rec room which gives direct access to the pool, hot tub and leads to the beach. The game room has a wet bar with refrigerator, microwave and 3rd dishwasher for your beach snack convenience. Of course, the views ... just spectacular! Owner always takes 1 week in season so add back $10,600 to 2019 rents = $150,264. May 2020 new refrigerator, February 2020 all deck flashing replaced. Two (2) new HVAC units September 2019 & one in 2015!

Last Agent to Sell the Property

Denise Graham

Keller Williams - Outer Banks License #190990 Listed on: 05/01/2020

Keller Williams - Outer Banks

Co-Listed By

Eddie Kavanaugh

Keller Williams - Outer Banks License #126307

Last Buyer's Agent

Becky Rockis

Sun Realty - Corolla License #275099

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,960

Year Built

  • Built in 2000

Lot Details

  • Beach Front
  • Property fronts a private road

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 4,256 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Wine Cooler
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Fuel Tank
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 163

Community Details

Overview

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

Amenities

  • Common Area

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,960

Year Built

Built in 2000

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: North on Ocean Trail, Rt on Head Wind Way. Left (N) on Sandcastle.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: Cobra, X
  • Headline: 8 Ensuites Sitting High!
  • Heated Sq Ft: 4256
  • L V T Date: 05/01/2020
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 089
  • 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: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
  • Bedrooms: 8
  • Countertops: Quartz
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Vinyl, Wood, Vinyl Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar, 1st Flr Ensuite
  • Optional Rooms: Foyer, Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Tennis Courts
  • Association Amenities: Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 1978

Lot Info

  • Lot Description: Beach Frontage
  • Lot Number: Lot 163
  • Deed Book: 451

Rental Info

  • Est Annual Rental Income: 150900
  • Estimated Rental Performance: 0.117
  • Lease Terms: Weekly
  • Rental Co: Vacasa - North
  • Rental Cottage Name: Wish You Were Here
  • Rental Cottage Number: VOH 10
  • Rental Phone Number: 252-453-9660
  • Rental Turnover Day: Sunday
  • Rental Contact Email: nancy.beasley@corollaclassicvacations.com
  • Rental Contact Name: Nancy Beasley
  • Rental Contact Phone: 252-453-9660

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2019
  • Taxes: 6960

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Jul 15, 2020
Sold by
Reigel Earl W and Reigel Joan C
Bought by
Scott Matthew Jonathan and Scott Lindsay Tharpe
Seller's Agent
Denise Graham
Keller Williams - Outer Banks
Buyer's Agent
Becky Rockis
Sun Realty - Corolla
List Price
$1,415,000
Sold Price
$1,290,000
Premium/Discount to List
-$125,000
-8.83%
Current Estimated Value
$2,312,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,022,167
Avg. Annual Appreciation
12.03%
Original Mortgage
$967,500
Outstanding Balance
$869,597
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$1,451,461

Purchase Details

Closed on
Dec 30, 1998
Bought by
Reigel Earl W and Reigel Joan C
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
Scott Matthew Jonathan $1,290,000 None Available
Reigel Earl W $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Matthew Jonathan $967,500
Previous Owner Reigel Earl $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2020 07/16/20 Sold $1,290,000 -8.8% $303 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $1,415,000 -- $332 / 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 $11,120 $1,513,500 $786,300 $727,200
2023 $11,120 $1,508,900 $786,300 $722,600
2022 $8,174 $1,508,900 $786,300 $722,600
2021 $8,159 $1,254,600 $714,000 $540,600
2020 $6,959 $1,254,600 $714,000 $540,600
2019 $6,959 $1,254,600 $714,000 $540,600
2018 $6,959 $1,254,600 $714,000 $540,600
2017 $6,309 $1,254,600 $714,000 $540,600
2016 $6,314 $1,254,600 $714,000 $540,600
2015 $6,307 $1,254,600 $714,000 $540,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109132

Outer Banks Association of REALTORS®

APN: 114E-000-0163-0000