NOT LISTED FOR SALE

171 Four Seasons Ln Duck, NC 27949

Estimated Value: $1,837,000 - $2,022,239

7 Beds
6.5 Baths
3,800 Sq Ft
$509/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $1,900,000 $500 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $11,514/month

204 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Concrete Pool
  • Kitty Hawk Elementary School Rated 9+
  • Health Club
  • Gated Community

About This Home

As of March 2022

PROJECTED TO DO OVER $186K IN ANNUAL INCOME! OWNERS JUST HAD THE INTERIOR PAINTED IN FALL 2021 AND REPLACED 10 WINDOWS THROUGHOUT. Stunning ocean views abound from this comfortable, well-designed home just steps from the beach in the coveted neighborhood of Four Seasons in Duck. Directly across from beach access, this cottage has much to offer, including large bedrooms, rec room on the lower level with pool table, wet bar and updated kitchen, hardwood floors in the upstairs, porches galore throughout, and private patio and gated pool area with hot tub and grill. Enjoy watching the sunrise over the Atlantic from the living room, and sunsets from the back deck of this well appointed home. HVACs new in 2017, 2019 and 2020. Convenient to the neighborhood pool, playground and trolley stop that takes you to the fitness center, indoor pool, and tennis courts. New interior paint, new living room furniture, refinished kitchen cabinets, new counter tops and new kitchen appliances and new furniture on the screened porch and top decks!

Last Agent to Sell the Property

Four Seasons Realty

Four Seasons Realty License #177785 Listed on: 05/27/2021

Co-Listed By

Robert Konstanzer

Four Seasons Realty License #189406

Last Buyer's Agent

Missi Dermatas

Outer Banks Realty Group License #302232

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,986

Year Built

  • Built in 2000

Lot Details

  • Ocean Front
  • Property fronts a private road
  • Landscaped
  • Level Lot

HOA Fees

  • $359 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Asphalt Shingled Roof

Interior Spaces

  • 3,800 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Microwave
  • Second Refrigerator
  • Second Dishwasher
  • Wine Cooler

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 57

Community Details

Overview

  • Association fees include grounds maintenance, management, pool, road maintenance, tennis courts, walkways
  • Seaside Management Association, Phone Number (252) 261-1200
  • Four Seasons Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Beach Access
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Indoor Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,986

Year Built

Built in 2000

Lot Details

0

HOA Fees

$359 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: SEMI-OF IN FOUR SEASONS
  • Heated Sq Ft: 3800
  • L V T Date: 05/27/2021
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 457
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C14915
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
  • Bedrooms: 7
  • Floor Coverings: Carpet, Tile, Hardwood
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Washer Connection
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Concrete, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance, Management, Pool, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Clubhouse, Gated Community, Health Club, Indoor-Comm. Pool, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 4305
  • Hoa Contact: Seaside Management
  • HOA Contact: 252-261-1200

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 57
  • Deed Book: 1645

Rental Info

  • Est Annual Rental Income: 186235
  • Estimated Rental Performance: 0.098
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Four Seasons' Blessing
  • Rental Cottage Number: BFS57
  • Rental Turnover Day: Sunday
  • Rental Contact Email: jkavanaugh@twiddy.com
  • Rental Contact Name: Jen Kavanaugh

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2020
  • Taxes: 6986.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Feb 24, 2022
Sold by
Parasuraman Bhaswati M and Parasuraman Shreekant V
Bought by
171 Four Seasons Ln Llc
Seller's Agent
Four Seasons Realty
Four Seasons Realty
Buyer's Agent
Missi Dermatas
Outer Banks Realty Group
List Price
$2,250,000
Sold Price
$1,900,000
Premium/Discount to List
-$350,000
-15.56%
Current Estimated Value
$1,934,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,310
Avg. Annual Appreciation
0.51%
Original Mortgage
$1,520,000
Outstanding Balance
$1,416,796
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$517,514

Purchase Details

Closed on
Aug 12, 2005
Sold by
Pagan Robert David
Bought by
Parasuraman Bhaswati M and Parasuraman Shreekant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,277,500
Interest Rate
1.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
171 Four Seasons Ln Llc $11,400,000 Casey & Robbins Pc
Parasuraman Bhaswati M $1,825,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 171 Four Seasons Ln Llc $1,520,000
Previous Owner Parasuraman Bhaswati M $955,000
Previous Owner Parasuraman Shreekant $1,348,000
Previous Owner Parasuraman Bhaswati M $1,277,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $1,900,000 -2.6% $500 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
11/11/2021 11/11/21 Price Changed $1,950,000 -2.5% $513 / Sq Ft
08/17/2021 08/17/21 Price Changed $1,999,000 -2.5% $526 / Sq Ft
07/12/2021 07/12/21 Price Changed $2,050,000 -6.8% $539 / Sq Ft
06/28/2021 06/28/21 Price Changed $2,199,000 -2.3% $579 / Sq Ft
05/27/2021 05/27/21 For Sale $2,250,000 -- $592 / 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 $7,627 $1,150,200 $644,800 $505,400
2023 $7,262 $1,170,416 $644,800 $525,616
2022 $7,262 $1,170,416 $644,800 $525,616
2021 $7,262 $1,170,416 $644,800 $525,616
2020 $6,986 $1,170,416 $644,800 $525,616
2019 $7,971 $1,119,600 $573,100 $546,500
2018 $7,971 $1,119,600 $573,100 $546,500
2017 $7,818 $1,119,600 $573,100 $546,500
2016 $7,340 $1,119,600 $573,100 $546,500
2014 $7,340 $1,119,600 $573,100 $546,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114587

Outer Banks Association of REALTORS®

APN: 010067057