NOT LISTED FOR SALE

Estimated Value: $538,000 - $704,570

5 Beds
3 Baths
1,688 Sq Ft
$362/Sq Ft Est. Value

Last Sold June 07, 2016

Last sale price $245,000 $145 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $3,474/month

102 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Cathedral Ceiling
  • Community Beach Access
  • Coastal Architecture
  • Furnished

About This Home

As of June 2016

5 bedroom oceanfront with old school coastal cottage charm. You can't beat this price! A rare opportunity to own a beach house in the beautiful 4-wheel drive area without the astronomical flood insurance cost! Insurance documents state this home is grandfathered with federal flood insurance and IT IS ASSUMABLE! To confirm insurance information, call Jackie at G.R. Little Insurance 252-435-2967. Over $40K in income in 2015! Buy it now and add your special touches before the rental season begins! Needs TLC.

Last Agent to Sell the Property

Wende Pritchard

All About OBX Real Estate License #211523 Listed on: 01/01/2016

Last Buyer's Agent

Richard Booker

Davenport Real Estate, LLC License #284975

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,690

Year Built

  • Built in 1977

Lot Details

  • Lot Dimensions are 350x80
  • Beach Front

Home Design

  • Coastal Architecture
  • Cottage
  • Frame Construction
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 1,688 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Utility Room
  • Ceramic Tile Flooring
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Legal Lot and Block 7 / 4

Community Details

Overview

  • Swan Beach Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,690

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal, Cottage
  • Extras: Beach Access, Ceiling Fan(s), Outside Lighting, Outside Shower, Sun Deck
  • Subdivision Name: SWAN BEACH
  • Heated Sq Ft: 1688
  • L V T Date: 01/08/2016
  • Potential Short Sale: Yes
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 047
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5
  • Floor Coverings: Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Beamed Ceiling(s), Cathedral Ceiling(s), Ensuite
  • Optional Rooms: Utility Room

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Home Owner Dwelling Insurance: 4164

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Size: 350X80
  • Lot Number: Lot 7
  • Deed Book: 584

Rental Info

  • Est Annual Rental Income: 40655
  • Estimated Rental Performance: 0.1659
  • Flood Expenses: 2500
  • Rental Cottage Name: A BEACHFRONT PARADISE
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 780
  • Annual Electric: 1000
  • Annual Telephone Expense: 300
  • Annual Water Expense: 320

Building Info

  • Year Built: 1977

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2015
  • Taxes: 1690

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2016
Closed on
Jun 21, 2016
Sold by
Burrows Allan M and Burrows Louisa Y
Bought by
Dromerhauser John and Dromerhauser Kerri
Seller's Agent
Wende Pritchard
All About OBX Real Estate
Buyer's Agent
Richard Booker
Davenport Real Estate, LLC
List Price
$349,000
Sold Price
$245,000
Premium/Discount to List
-$104,000
-29.8%
Current Estimated Value
$611,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,393
Avg. Annual Appreciation
10.83%
Original Mortgage
$150,000
Outstanding Balance
$126,934
Interest Rate
3.54%
Mortgage Type
Credit Line Revolving
Estimated Equity
$512,033

Purchase Details

Closed on
Apr 10, 2003
Bought by
Burrows Allan M and Burrows Louisa Y
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dromerhauser John $245,000 Attorney
Burrows Allan M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2016 06/07/16 Sold $245,000 -29.8% $145 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
01/01/2016 01/01/16 For Sale $349,000 -- $207 / 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 $2,795 $408,500 $273,100 $135,400
2023 $2,795 $408,500 $273,100 $135,400
2022 $2,123 $408,500 $273,100 $135,400
2021 $2,115 $327,400 $217,900 $109,500
2020 $1,726 $327,400 $217,900 $109,500
2019 $1,726 $327,400 $217,900 $109,500
2018 $1,726 $327,400 $217,900 $109,500
2017 $1,690 $327,400 $217,900 $109,500
2016 $1,690 $327,400 $217,900 $109,500
2015 $1,690 $327,400 $217,900 $109,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 90694

Outer Banks Association of REALTORS®

APN: 101A-004-0007-0001