NOT LISTED FOR SALE

16 Pamlico Shores Rd Ocracoke, NC 27960

Estimated Value: $669,000 - $1,044,000

5 Beds
3 Baths
3,072 Sq Ft
$295/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $606,500 $197 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,615/month

57 Days on Market

Highlights

  • Beach Front
  • A-Frame Home
  • Furnished
  • Views of a Sound
  • Wood Flooring
  • Central Air

About This Home

As of November 2020

This beautifully maintained home is perfectly situated on Pamlico Sound within close walking distance to the heart of the village, easy access to shops and restaurants. Five bedrooms and three full bathrooms make for a perfect vacation rental or spacious island home. All new LG appliances 2020. First floor new furnishings and flooring all new 2020. Great rental income! Wide open views of Pamlico Sound

Last Agent to Sell the Property

Daphne Bennink

Ocracoke's Lightship Realty License #120559 Listed on: 07/19/2020

Last Buyer's Agent

Daphne Bennink

Ocracoke's Lightship Realty License #120559 Listed on: 07/19/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,528

Year Built

  • Built in 1976

Lot Details

  • 10,579 Sq Ft Lot
  • Beach Front
  • Home fronts a sound

Parking

  • Parking Lot

Home Design

  • A-Frame Home
  • Masonry Perimeter Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 3,072 Sq Ft Home
  • Furnished
  • Views of a Sound

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,528

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: A-Frame
  • Directions: South on Hwy 12, right on Back Road, right on British Cemetery Rd, left on Pamlico Shores Rd
  • Subdivision Name: Ruth J Wilson
  • Heated Sq Ft: 3072
  • L V T Date: 07/22/2020
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Deed Book Pg Number: 885
  • 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: 5
  • Floor Coverings: Ceramic Tile, Hardwood
  • Foundation: Masonry
  • Full Bathrooms: 3
  • Furnishings Available: Yes

Exterior Features

  • Roof: Asphalt/Fiber Shingle
  • View: Sound

Garage/Parking

  • Parking: Parking Lot

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 10579
  • Lot Description: Beach Frontage
  • Estimated Lot Size: 0.24
  • Deed Book: 207

Rental Info

  • Rental Co: Blue Heron Realty

Building Info

  • Year Built: 1976

Tax Info

  • Year: 2019
  • Taxes: 3528

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2022
Sold by
Lamar Richard J and Lamar Linda B
Bought by
Mitchell Timothy Blake and Gauldin Mitchell Ashley
Current Estimated Value
$907,475

Purchase Details

Listed on
Jul 19, 2020
Closed on
Oct 28, 2020
Sold by
Lamar Richard J and Lamar Linda B
Bought by
Mitchell Timothy Blake and Mitchell Ashley Gauldin
Seller's Agent
Daphne Bennink
Ocracoke's Lightship Realty
Buyer's Agent
Daphne Bennink
Ocracoke's Lightship Realty
List Price
$679,000
Sold Price
$606,500
Premium/Discount to List
-$72,500
-10.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$485,200
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2005
Sold by
Wilson Jack S and Wilson Ruth J
Bought by
Lamar Richard J
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
Mitchell Timothy Blake -- --
Mitchell Timothy Blake $606,500 None Available
Lamar Richard J $59,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell Timothy Blake $485,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2020 11/17/20 Sold $606,500 -10.7% $197 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
07/19/2020 07/19/20 For Sale $679,000 -- $221 / 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 $7,232 $769,375 $332,500 $436,875
2023 $5,203 $497,898 $212,500 $285,398
2022 $4,138 $452,245 $212,500 $239,745
2021 $3,686 $452,245 $212,500 $239,745
2020 $3,573 $452,245 $212,500 $239,745
2019 $3,573 $452,245 $212,500 $239,745
2018 $3,528 $452,245 $212,500 $239,745
2017 $4,365 $671,612 $405,000 $266,612
2016 $4,365 $671,612 $405,000 $266,612
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: 110212

Outer Banks Association of REALTORS®

APN: 9501216927