NOT LISTED FOR SALE

135 Cedar Rd Ocracoke, NC 27960

Estimated Value: $418,000 - $625,212

1 Bed
1 Bath
738 Sq Ft
$700/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $535,000 $725 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,245/month

10 Days on Market

About This Home

As of February 2022

After Hurricane Dorian, this home was raised and completely remodeled. There was a redesign of the layout which completely opened up the living space and created an incredible view, from so many points in the home. The new windows, cedar shakes and "high end" furnishings make this a turn key option for a comfortable second home or a very classy and desirable rental cottage. The new height of the building takes an even better opportunity to feel the expansiveness of the sky and adjoining marsh. Teaches Hole, along with the Pamlico Sound are visible from the deck off the bedroom. Somewhat off the beaten track, for privacy, but still within walking distance of the village activity, makes this a perfect location. The owners have made this is a "don't miss" property; a place where the rest of the world can fade away.

Last Agent to Sell the Property

BJ Oelschlegel

Ocracoke's Lightship Realty License #84547 Listed on: 11/24/2021

Last Buyer's Agent

Martha Garrish

Village Realty Holdings dba Ocracoke Island Realty License #148274

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,287

Year Built

  • Built in 1976

Lot Details

  • 10,000 Sq Ft Lot

Interior Spaces

  • 738 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

  • R.S. Wahab Silver Lake And Beach Subdivision

Listing and Financial Details

  • Tax Lot s 97,98

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,287

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Directions: South on RT#12, left on Cedar Road, second house from the end on the left
  • Headline: Renovated & oh what a view!
  • Heated Sq Ft: 738
  • L V T Date: 11/24/2021
  • Sale/Rent: For Sale
  • Zoning: residentia
  • Deed Book Pg Number: 462
  • 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: 1
  • Full Bathrooms: 1
  • Furnishings Available: Yes

Lot Info

  • Estimated Lot Sq Ft: 10000
  • Lot Number: Lots 97,98
  • Estimated Lot Size: 0.23
  • Deed Book: 279

Building Info

  • Year Built: 1976

Tax Info

  • Year: 2021
  • Taxes: 1287.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2018
Sold by
Lewis Karen R and Lewis John Russell
Bought by
Cavallari Kimberly A and Cavallari Kenneth J
Current Estimated Value
$516,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 19, 2017
Sold by
Lewis Karen R
Bought by
The Karen R Lewis Real Estate Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cavallari Kimberly A $300,000 None Available
The Karen R Lewis Real Estate Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavallari Kenneth J $315,750
Closed Cavallari Kimberly A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $535,000 -2.7% $725 / Sq Ft
12/04/2021 12/04/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $550,000 +144.4% $745 / Sq Ft
10/09/2014 10/09/14 Sold $225,000 -10.0% $305 / Sq Ft
08/28/2014 08/28/14 Pending -- -- --
11/15/2013 11/15/13 For Sale $250,000 -- $339 / 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 $4,713 $501,427 $212,400 $289,027
2023 $1,470 $154,658 $110,000 $44,658
2022 $1,287 $140,705 $110,000 $30,705
2021 $1,147 $0 $0 $0
2020 $1,112 $140,705 $110,000 $30,705
2019 $1,248 $157,951 $110,000 $47,951
2018 $1,232 $157,951 $110,000 $47,951
2017 $2,117 $325,646 $272,000 $53,646
2016 $2,117 $325,646 $272,000 $53,646
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: 116916

Outer Banks Association of REALTORS®

APN: 9500372971