NOT LISTED FOR SALE

15 Friendly Ridge Rd Ocracoke, NC 27960

Estimated Value: $560,000 - $766,811

4 Beds
3.5 Baths
1,792 Sq Ft
$374/Sq Ft Est. Value

Last Sold August 05, 2020

Last sale price $375,000 $209 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,036/month

173 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Screened Porch
  • Cathedral Ceiling
  • Corner Lot
  • Outdoor Shower

About This Home

As of August 2020

Built in 2004, this property would make a perfect primary residence, 2nd home or vacation rental. There are 4 bedrooms, 3 full bathrooms, one half bathroom, living areas on both levels and lots of deck space. The top floor features a large kitchen with island, dining area, great room, large master bedroom with full bath and double sinks and private sun deck. You will find a ships watch half a level up above the top floor and a half bathroom on the landing between the top and middle floors. The top floor has sun deck large enough for outdoor dining with access from 3 sliding doors. The mid level features another master bedroom with private bathroom and private covered deck, 2 additional bedrooms each with sliding doors to the large covered deck, hall bath and living area. On the ground floor you will find a large utility/storage room for all your beach and fishing equipment. There is also dry parking under the house as well as an outdoor shower. You will not find a better value on Ocracoke Island!

Last Agent to Sell the Property

Johanna Tucker

OBX Surf Realty, LLC License #246978 Listed on: 12/25/2019

Co-Listed By

Andy Tucker

Beach House Brokers, LLC License #249929

Last Buyer's Agent

Martha Garrish

Village Realty Holdings dba Ocracoke Island Realty License #148274

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,175

Year Built

  • Built in 2004

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,792 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Screened Porch
  • Utility Room
  • Washer and Dryer Hookup
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Exterior Lighting
  • Storage Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot A

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,175

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Nags Head
  • Bank Owned: Yes
  • Extras: Ceiling Fan(s), Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Storage Shed, Sun Deck
  • Flood Zone: AE
  • Heated Sq Ft: 1792
  • L V T Date: 12/25/2019
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 473
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C28285
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection
  • Optional Rooms: Utility Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Heat Pump, Zoned
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Lot Description: Corner, Level
  • Lot Number: Lot A
  • Deed Book: 282

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2019
  • Taxes: 3174.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 25, 2019
Closed on
Jul 1, 2020
Sold by
Pnc Bank National Association
Bought by
Stewart Edward E and Stewart Allison W
Seller's Agent
Johanna Tucker
OBX Surf Realty, LLC
Buyer's Agent
Martha Garrish
Village Realty Holdings dba Ocracoke Island Realty
List Price
$420,000
Sold Price
$375,000
Premium/Discount to List
-$45,000
-10.71%
Current Estimated Value
$670,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,953
Avg. Annual Appreciation
12.18%
Original Mortgage
$337,500
Outstanding Balance
$299,939
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$371,014

Purchase Details

Closed on
Oct 24, 2019
Sold by
Hop William C O and Hop Le T Novinger O
Bought by
Pnc Bank National Association
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
Stewart Edward E $375,000 None Available
Pnc Bank National Association $426,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Edward E $337,500
Previous Owner Hop Le T William C $600,000
Previous Owner Ohop William C $125,000
Previous Owner Ohop William C $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2020 08/05/20 Sold $375,000 0.0% $209 / Sq Ft
07/10/2020 07/10/20 Off Market $375,000 -- --
06/10/2020 06/10/20 Price Changed $400,000 -3.6% $223 / Sq Ft
04/17/2020 04/17/20 Price Changed $415,000 -1.2% $232 / Sq Ft
12/25/2019 12/25/19 For Sale $420,000 -- $234 / 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 $4,642 $493,852 $150,000 $343,852
2023 $4,199 $390,670 $108,750 $281,920
2022 $3,677 $401,844 $108,750 $293,094
2021 $3,275 $401,844 $108,750 $293,094
2020 $3,175 $401,844 $108,750 $293,094
2019 $3,175 $401,844 $108,750 $293,094
2018 $3,134 $401,844 $108,750 $293,094
2017 $3,544 $545,254 $221,000 $324,254
2016 $3,544 $545,254 $221,000 $324,254
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: 107678

Outer Banks Association of REALTORS®

APN: 9500590985