NOT LISTED FOR SALE

Estimated Value: $1,388,245 - $1,514,000

6 Beds
7 Baths
3,194 Sq Ft
$460/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $1,200,000 $376 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,251/month

3 Days on Market

Highlights

  • Ocean Front
  • Cathedral Ceiling
  • Furnished
  • In Ground Pool
  • Loft
  • Granite Countertops

About This Home

As of June 2023

Jaw dropping X flood zone location in Swan Beach! This well laid out 6BR/5.2BA Semi-Oceanfront beach house has better views than oceanfront without the oceanfront price tag. Better yet, the oceanfront lot in front of this house is currently not buildable! This is a rental machine consistently generating around $100k per season with guests coming back year after year to enjoy the spacious bedrooms, full rec room, private pool and hot tub, and gorgeous beach and ocean views from EVERY level. The top floor has a generously sized great room with room for everyone and even boasts a view of the Currituck Sound. Home is in need of some updating to truly optimize the revenue potential. This is a location you just can beat with great elevation and the magical views and sounds of the ocean.

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 05/12/2023

Co-Listed By

Martha Springer

Twiddy and Company - Corolla License #135162

Last Buyer's Agent

Len Cusato

Keller Williams - Outer Banks License #284979

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,903

Year Built

  • Built in 2006

Lot Details

  • Ocean Front
  • Unpaved Streets

Property Views

  • Ocean
  • Views of a Sound
  • Park or Greenbelt

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,194 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Loft
  • Game Room
  • Washer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Well
  • Private or Community Septic Tank

Community Details

  • Swan Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block #7 / 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,903

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Ceiling Fan(s), Hot Tub, Outside Lighting, Sun Deck
  • Flood Zone: X, Cobra
  • Headline: VIEWS VIEWS VIEWS
  • Heated Sq Ft: 3194
  • L V T Date: 05/13/2023
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: SFR
  • Advertised Income 2021: 105290
  • Advertised Income 2022: 116895
  • Deed Book Pg Number: 251
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ensuite
  • Optional Rooms: Game Room, Loft
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Park Serv/Preserve, Sound

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 8640

Lot Info

  • Lot Number: Lot #7
  • Deed Book: 903

Rental Info

  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Blue Dolphin Watch
  • Rental Cottage Number: 4x1611
  • Rental Phone Number: (252) 453-3000
  • Rental Turnover Day: Saturday
  • Rental Contact Name: Brindley Beach Vacations
  • Rental Contact Phone: (252) 453-3000

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2022
  • Taxes: 3903.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2025
Sold by
Shore House Llc
Bought by
Mullekatte Atmananda and Murthy Lakshmi Sosale
Current Estimated Value
$1,470,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,194,663
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$275,898

Purchase Details

Listed on
May 12, 2023
Closed on
Jun 7, 2023
Sold by
Masterson Craig W and Masterson Diana L
Bought by
Shore House Llc
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Len Cusato
Keller Williams - Outer Banks
List Price
$1,100,000
Sold Price
$1,200,000
Premium/Discount to List
$100,000
9.09%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%
Original Mortgage
$900,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2005
Sold by
Masterson Graig W and Masterson Dlana L
Bought by
Masterson Craig W and Masterson Daina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$909,000
Interest Rate
5.72%
Mortgage Type
New Conventional
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
Mullekatte Atmananda $1,500,000 None Listed On Document
Mullekatte Atmananda $1,500,000 None Listed On Document
Shore House Llc $7,200,000 None Listed On Document
Masterson Craig W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullekatte Atmananda $1,200,000
Closed Mullekatte Atmananda $1,200,000
Previous Owner Shore House Llc $900,000
Previous Owner Masterson Craig W $909,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $1,200,000 +9.1% $376 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $1,100,000 -- $344 / 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 $5,442 $771,900 $185,000 $586,900
2023 $5,442 $764,700 $185,000 $579,700
2022 $3,903 $764,700 $185,000 $579,700
2021 $3,895 $549,900 $90,300 $459,600
2020 $2,911 $549,900 $90,300 $459,600
2019 $2,900 $549,900 $90,300 $459,600
2018 $2,900 $549,900 $90,300 $459,600
2017 $2,875 $549,900 $90,300 $459,600
2016 $2,875 $549,900 $90,300 $459,600
2015 $2,875 $549,900 $90,300 $459,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 122231

Outer Banks Association of REALTORS®

APN: 101A-005-0007-0001