NOT LISTED FOR SALE

Estimated Value: $841,000 - $918,000

5 Beds
3.5 Baths
2,308 Sq Ft
$382/Sq Ft Est. Value

Last Sold June 21, 2013

Last sale price $511,200 $221 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,243/month

26 Days on Market

Highlights

  • Ocean Front
  • Spa
  • Cathedral Ceiling
  • Beach Access
  • Coastal Architecture
  • Wood Flooring

About This Home

As of June 2013

Incredible coastal cottage with classic cedar shake exterior and spacious layout inside. Windows everywhere allowing you to see the waves breaking from anywhere. This house is adjacent to a platted easment right out to the beach! Built in 2006, this rental is popular because of the views and amenities with almost $50K per year in rentals! Ships watch, covered screened in porch, hot tub, sun decks, built-ins, are just a few of the features of this home. This home has recently upgraded with over $15,000 in furniture and bedding, tile floors in the bathrooms, new exterior furniture, 2 recent exterior heat pumps, upgraded water treatment system, and more. The lot appears to have room for a pool for those wishing to maximize rental income.

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 04/23/2013

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 04/23/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,474

Year Built

  • Built in 2006

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x150
  • Ocean Front
  • Unpaved Streets

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Cottage
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,308 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Bay Window
  • Screened Porch
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Community Details

  • Built by Carova Beach Builders
  • North Swan Bch Subdivision

Listing and Financial Details

  • Legal Lot and Block H / 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,474

Year Built

Built in 2006

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal, Cottage
  • Directions: N on beach to Coneflower (MP 19.5) left over dune, first left on sandfiddler, house on right
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Screened Porch, Sun Deck
  • Flood Zone: Cobra, VE
  • Subdivision Name: North Swan Beach
  • Headline: Beautiful w/ great ocean views
  • Heated Sq Ft: 2308
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 0463
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Bay/Bow Window, Cathedral Ceiling(s), Gas Fireplace, Ensuite
  • Optional Rooms: Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Carova Beach Builders
  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 50
  • Home Owner Dwelling Insurance: 3671

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Easement(s)
  • Lot Size: 100 X150
  • Lot Number: Lot H
  • Deed Book: 1156

Rental Info

  • Est Annual Rental Income: 49607
  • Estimated Rental Performance: 0.097
  • Flood Expenses: 9369
  • Other Expenses: 1762
  • Poolspa Expense: 1690
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Summerland
  • Rental Cottage Number: T21932
  • Rental Phone Number: 252-453-3325
  • Rental Turnover Day: Sun
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 2240

Building Info

  • Year Built: 2006

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 2474

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2021
Sold by
Junette Timothy E and Junette Renee Cerbino
Bought by
Cerbino Junette Properties Llc
Total Days on Market
26
Current Estimated Value
$882,210

Purchase Details

Listed on
Apr 23, 2013
Closed on
Jun 12, 2013
Sold by
Hashagen Jerome P and Hashagen Julie A
Bought by
Junette Timothy E and Junette Renee Cerbino
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$524,900
Sold Price
$511,200
Premium/Discount to List
-$13,700
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$408,960
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2011
Sold by
Downes Tim and Downes Beth
Bought by
Hashagen Jerome P and Hashagen Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
4.77%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Cerbino Junette Properties Llc -- None Available
Junette Timothy E $511,500 None Available
Hashagen Jerome P $505,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Junette Timothy E $362,000
Closed Junette Timothy E $408,960
Previous Owner Hashagen Jerome P $404,000
Previous Owner Downes Tim $388,000
Previous Owner Downes Tim $388,500
Previous Owner Downes Tim $385,000
Previous Owner Downes Timothy D $359,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2013 06/21/13 Sold $511,200 -2.6% $221 / Sq Ft
05/19/2013 05/19/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $524,900 -- $227 / 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 $3,893 $564,400 $120,000 $444,400
2023 $3,893 $564,400 $120,000 $444,400
2022 $2,937 $564,400 $120,000 $444,400
2021 $2,929 $454,700 $119,700 $335,000
2020 $2,413 $454,700 $119,700 $335,000
2019 $2,413 $454,700 $119,700 $335,000
2018 $2,413 $454,700 $119,700 $335,000
2017 $2,377 $454,700 $119,700 $335,000
2016 $2,385 $454,700 $119,700 $335,000
2015 $2,377 $454,700 $119,700 $335,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 78795

Outer Banks Association of REALTORS®

APN: 099A-005-000H-0003