NOT LISTED FOR SALE

140 Rakiock Ct Duck, NC 27949

Estimated Value: $826,000 - $893,635

4 Beds
2 Baths
1,136 Sq Ft
$759/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $855,000 $753 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,152/month

2 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Wood Flooring
  • Kitty Hawk Elementary School Rated 9+
  • Contemporary Architecture
  • Furnished

About This Home

As of May 2023

Cute, coastal cottage, Sea Jays, is located in the heart of Duck. You are close to local dining, shops, and just a short walk to the beach! After your day at the beach, come rinse off in the outdoor shower and throw you towels straight into the laundry room under the house. Head up to the deck and enter the home straight into the open and large living room and kitchen. On either side of the great room are two bedrooms and one bath. Head up to the upper level deck and enjoy the sunshine all day. When the beach is too windy, enjoy the private pool in the backyard which provides plenty of seating. Sea Jays wont last long!

Last Agent to Sell the Property

John Head

Resort Realty - Frisco License #187858 Listed on: 04/17/2023

Last Buyer's Agent

Gray Berryman

Carolina Designs Realty License #214315

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,961

Year Built

  • Built in 1982

Lot Details

  • 10,500 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot
  • Property is zoned RS-1

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,136 Sq Ft Home
  • Furnished
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Outdoor Shower

Utilities

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

Listing and Financial Details

  • Tax Lot #52

Community Details

Overview

  • Kevin Davis Association
  • Poteskeet Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,961

Year Built

Built in 1982

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Extras: Outside Shower, Outside Laundry Room
  • Heated Sq Ft: 1136
  • L V T Date: 04/17/2023
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: RS-1
  • Deed Book Pg Number: 0250
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C0418
  • 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, Washer
  • Bedrooms: 4
  • Floor Coverings: Wood
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 160
  • Hoa Contact: Kevin Davis
  • HOA Contact: kdavis@poteskeethoa.com

Lot Info

  • Estimated Lot Sq Ft: 10500
  • Lot Description: Cul-de-sac, Level
  • Lot Number: Lot #52
  • Estimated Lot Size: 0.24
  • Deed Book: 2225

Rental Info

  • Est Annual Rental Income: 69000
  • Estimated Rental Performance: 0.0807
  • Lease Terms: Weekly
  • Rental Co: Resort Realty
  • Rental Cottage Name: SEA JAYS
  • Rental Cottage Number: 3976
  • Rental Phone Number: (800) 458-3830
  • Rental Contact Email: debbie.harrell@resortrealty.com
  • Rental Contact Name: Debbie Harrell
  • Rental Contact Phone: (252) 255-3563

Building Info

  • Year Built: 1982

Tax Info

  • Year: 2022
  • Taxes: 2961.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
May 23, 2023
Sold by
Chung Susannah and Chung Jason M
Bought by
Gang Charles and Chernin Rachel
Seller's Agent
John Head
Resort Realty - Frisco
Buyer's Agent
Gray Berryman
Carolina Designs Realty
List Price
$796,400
Sold Price
$855,000
Premium/Discount to List
$58,600
7.36%
Views
10
Current Estimated Value
$883,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,727
Avg. Annual Appreciation
0.38%
Original Mortgage
$684,000
Outstanding Balance
$664,205
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$197,954

Purchase Details

Listed on
Apr 17, 2023
Closed on
May 4, 2023
Sold by
Morrison Melissa B and Morrison Brian
Bought by
Melissa Morrison Living Trust
Seller's Agent
John Head
Resort Realty - Frisco
Buyer's Agent
Gray Berryman
Carolina Designs Realty
List Price
$796,400
Sold Price
$855,000
Premium/Discount to List
$58,600
7.36%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,000
Outstanding Balance
$664,205
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$197,954

Purchase Details

Listed on
Apr 17, 2023
Closed on
Apr 26, 2023
Sold by
Virtue Patricia M and Virtue Paul W
Bought by
Outer Banks Beach Club Association Inc
Seller's Agent
John Head
Resort Realty - Frisco
Buyer's Agent
Gray Berryman
Carolina Designs Realty
List Price
$796,400
Sold Price
$855,000
Premium/Discount to List
$58,600
7.36%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,000
Outstanding Balance
$664,205
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$197,954

Purchase Details

Listed on
Aug 18, 2017
Closed on
Apr 24, 2018
Sold by
Burcher Ft
Bought by
Sproui Brawn C and Sproul Jeneillo
Seller's Agent
Edith Rowe
Brindley Beach Vacations & Sales-Duck
Buyer's Agent
Sarah Brown
Keller Williams - Outer Banks
List Price
$449,000
Sold Price
$429,000
Premium/Discount to List
-$20,000
-4.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.21%
Original Mortgage
$266,800
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 18, 2017
Closed on
Feb 23, 2018
Sold by
Harris Robert D and Harris Maureen K
Bought by
Chung Susannah
Seller's Agent
Edith Rowe
Brindley Beach Vacations & Sales-Duck
Buyer's Agent
Sarah Brown
Keller Williams - Outer Banks
List Price
$449,000
Sold Price
$429,000
Premium/Discount to List
-$20,000
-4.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,800
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage
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
Gang Charles $4,275,000 None Listed On Document
Melissa Morrison Living Trust -- None Listed On Document
Outer Banks Beach Club Association Inc -- None Listed On Document
Sproui Brawn C $333,500 --
Chung Susannah $429,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gang Charles $684,000
Previous Owner Sproui Brawn C $266,800
Previous Owner Chung Susannah $321,750
Previous Owner Harris Robert D $390,828
Previous Owner Harris Robert D $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $855,000 +7.4% $753 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $796,400 +85.6% $701 / Sq Ft
03/15/2018 03/15/18 Sold $429,000 -4.5% $316 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
08/18/2017 08/18/17 For Sale $449,000 -- $331 / 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 $3,109 $469,800 $283,500 $186,300
2023 $2,961 $477,252 $283,500 $193,752
2022 $2,961 $477,252 $283,500 $193,752
2021 $2,961 $477,252 $283,500 $193,752
2020 $2,849 $477,252 $283,500 $193,752
2019 $2,659 $376,600 $256,600 $120,000
2018 $2,663 $376,600 $256,600 $120,000
2017 $2,602 $376,600 $256,600 $120,000
2016 $2,449 $376,600 $256,600 $120,000
2014 $2,449 $376,600 $256,600 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 121975

Outer Banks Association of REALTORS®

APN: 010200000