NOT LISTED FOR SALE

Estimated Value: $490,000 - $532,000

3 Beds
2 Baths
1,070 Sq Ft
$475/Sq Ft Est. Value

Last Sold March 13, 2014

Last sale price $200,240 $187 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $2,862/month

383 Days on Market

Highlights

  • Views of a Sound
  • Home fronts a sound
  • Screened Porch
  • First Flight Middle School Rated A-
  • Beach Box Architecture
  • Garage

About This Home

As of March 2014

Lots of extra work space contained in the garage area, Nice screened porch with sound views. Central location providing access to close shopping areas plus close to public boat ramp. Screen porch has water views and the downstairs garage supports a really large area for someone to have a workshop. NEW PAINT INSIDE Tenants in place currently on a 6 month lease that started Sept 1 2013

Last Agent to Sell the Property

Pete Salitore

Default, Office License #180349 Listed on: 01/23/2013

Co-Listed By

Ken Baittinger

Carolina Designs Realty License #275379

Last Buyer's Agent

Sandra Byers

Outer Banks Realty Group License #164033

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,246

Year Built

  • Built in 1974

Lot Details

  • Lot Dimensions are 54x131x52x154
  • Home fronts a sound

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 1,070 Sq Ft Home
  • Ceiling Fan
  • Screened Porch
  • Views of a Sound

Kitchen

  • Oven or Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Carport

Utilities

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

Community Details

  • Wright's Shores Subdivision

Listing and Financial Details

  • Tax Lot lot 68

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,246

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: West on Fifth, Left on Bay Drive
  • Extras: Ceiling Fan(s), Screened Porch
  • Flood Zone: AE
  • Headline: BAY DRIVE BEACH BOX
  • Heated Sq Ft: 1070
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unheated Lvarsf: 224
  • Waterfront Location: Semi-Soundfront
  • Zoning: res
  • Deed Book Pg Number: 0220
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Sound

Garage/Parking

  • Garage: 2 Car
  • Garage Sq Ft: 1070
  • Parking: Paved

Utilities

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

Lot Info

  • Lot Faces: W
  • Lot Size: 54x131x52x154
  • Lot Number: lot 68
  • Deed Book: 1595

Rental Info

  • Est Annual Rental Income: 13200
  • Estimated Rental Performance: 0.0659
  • Lease Terms: Month to Month
  • Rental Co: Managed by Homeowner

Building Info

  • Year Built: 1974

Tax Info

  • Year: 2013
  • Taxes: 1246

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2013
Closed on
Mar 4, 2014
Sold by
Hinkle Samuel M and Hinkle Darlene E
Bought by
Morgan Brian K and Morgan Christie L
Seller's Agent
Pete Salitore
Default, Office
Buyer's Agent
Sandra Byers
Outer Banks Realty Group
List Price
$235,000
Sold Price
$200,240
Premium/Discount to List
-$34,760
-14.79%
Current Estimated Value
$507,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,582
Avg. Annual Appreciation
8.16%
Original Mortgage
$160,192
Outstanding Balance
$121,109
Interest Rate
4.35%
Mortgage Type
New Conventional
Estimated Equity
$386,713
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morgan Brian K $200,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Brian K $160,192
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2014 03/13/14 Sold $200,240 -14.8% $187 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
01/23/2013 01/23/13 For Sale $235,000 -- $220 / 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
2025 $2,799 $515,300 $259,100 $256,200
2024 $2,403 $318,100 $128,500 $189,600
2023 $2,403 $318,100 $128,500 $189,600
2022 $2,292 $318,100 $128,500 $189,600
2021 $2,292 $318,100 $128,500 $189,600
2020 $2,292 $318,100 $128,500 $189,600
2019 $1,644 $189,000 $79,400 $109,600
2018 $1,412 $166,000 $79,400 $86,600
2017 $1,412 $166,000 $79,400 $86,600
2016 $1,346 $166,000 $79,400 $86,600
2014 $1,296 $166,000 $79,400 $86,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 77598

Outer Banks Association of REALTORS®

APN: 002168000