NOT LISTED FOR SALE

13 Cabana Dr Ocracoke, NC 27960

Estimated Value: $929,000 - $1,027,000

3 Beds
3 Baths
2,100 Sq Ft
$466/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $840,000 $400 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,754/month

133 Days on Market

Highlights

  • Guest House
  • Craftsman Architecture
  • Central Heating and Cooling System
  • Ocracoke School Rated 9+
  • Wood Flooring

About This Home

As of January 2022

This exceptional property is located in the heart of the village, close walking distance to shops and restaurants. The parcel contains 2 houses; the primary craftsman style home was originally built by Bertha and Van Henry O'Neal in '45 using materials from their Portsmouth island home as well as other defunct historic structures on the island adding to it's rich history. A complete remodel was done by local contractors including descendants of original owners in 2004 resulting in a perfect balance of historic beauty and modern comfort. The downstairs consists of mud room/work space, kitchen, dining, living, bonus room, bedroom, full bath and large, enclosed and fully insulated wrap porch or sun room with removable panels allowing for conversion to screen porch. Upstairs houses the master bed and bath in addition to a large open dressing room, work space with laundry facility. Wooden beaded boards throughout entire house, vintage English stained glass accent panels built into doors, windows and walls, prairie glass mission style Pella windows and doors, , Koehler soaking tub in master and farm sink in mudroom, on demand gas hot water, all new kitchen and appliances 2020, new HVAC 2020, custom vintage style faux "coal burning" gas fireplace insert in dining with art nouveau tiles, house fully wired for sound and cable, custom California Closet systems in master dressing room and walk in kitchen pantry and easy install, highly effective full storm shield shutter system for both houses. Fenced in yard, large private outdoor shower and bike racks complete the package. "Charlotte's Daughter" is the 2nd cottage on the property which has been in a vacation rental program since 2008 and has provided solid, consistent rental income. The 2 story cottage was built by local contractor Larry Ihle for his mother in 1987 and is approx 790 square feet along with an 8 X 14' screened porch. Open kitchen, living dining on first floor, master bed and bath on second floor. Lots of options here as there is potential for double income or the ability to generate income while maintaining exclusive use of one unit. Both structures meticulously maintained and embellished with beautiful customized landscaping make this property highly desirable on so many levels.

Last Agent to Sell the Property

Daphne Bennink

Ocracoke's Lightship Realty License #120559 Listed on: 07/12/2021

Last Buyer's Agent

Martha Garrish

Ocracoke Island Realty License #148274

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,597

Year Built

  • Built in 2004

Lot Details

  • 0.27

Parking

  • Off-Street Parking

Home Design

  • 2,100 Sq Ft Home
  • Craftsman Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Additional Features

  • 0.27 Acre Lot
  • Guest House

Community Details

  • Built by Martin Garrish, Tom Pahl
  • Friendly Ocracoke Ridge Subdivision

Listing and Financial Details

  • Legal Lot and Block A / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,597

Year Built

Built in 2004

Lot Details

0.27 Acres

Listing Details

  • Class: RESIDENTIAL
  • Style: Craftsman
  • Directions: Turn onto Back Rd from Hwy 12, turn right on Sunset, property is on corner of Sunset and Cabana on right
  • Flood Zone: AE
  • Headline: 2 homes, dbl income potential!
  • Heated Sq Ft: 2100
  • L V T Date: 07/12/2021
  • Primary Residence: Yes
  • Roads: Public
  • Sale/Rent: For Sale
  • Deed Book Pg Number: 818 & 922
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C16705
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Short Pilings
  • Full Bathrooms: 3
  • Optional Rooms: Guest House

Exterior Features

  • Homebuilder: Martin Garrish, Tom Pahl
  • Construction: Frame
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 11965
  • Lot Number: Lot A
  • Estimated Lot Size: 0.27
  • Deed Book: 181 & 203

Rental Info

  • Rental Cottage Name: Charlotte's Daughter

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2021
  • Taxes: 1597

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Jan 1, 2022
Sold by
De Amended and De Restated
Bought by
13 Cabana Drive Llc
Seller's Agent
Daphne Bennink
Ocracoke's Lightship Realty
Buyer's Agent
Martha Garrish
Ocracoke Island Realty
List Price
$895,000
Sold Price
$840,000
Premium/Discount to List
-$55,000
-6.15%
Current Estimated Value
$978,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,000
Avg. Annual Appreciation
3.73%

Purchase Details

Closed on
Jul 12, 2004
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
13 Cabana Drive Llc $1,680 Robert D Kornegay Jr Pllc
-- $500,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2022 01/24/22 Sold $840,000 -6.1% $400 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $895,000 -- $426 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $7,316 $778,260 $330,000 $448,260
2023 $3,491 $308,603 $154,000 $154,603
2022 $3,057 $334,056 $154,000 $180,056
2021 $2,337 $0 $0 $0
2020 $2,265 $286,724 $154,000 $132,724
2019 $2,639 $334,057 $154,000 $180,057
2018 $2,606 $334,057 $154,000 $180,057
2017 $2,249 $345,983 $221,000 $124,983
2016 $2,152 $345,983 $221,000 $124,983
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115193

Outer Banks Association of REALTORS®

APN: 9500494666

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