$573,000
SOLD MAR 11, 2013
6 Beds
8 Baths
3,420 Sq Ft
0.41 Acres

Recently Sold

$168 Per Sq Ft

4% Below List Price

79 Days on Market

Highlights

  • Ocean Front
  • Second Refrigerator
  • Whirlpool Bathtub
  • In Ground Pool
  • Cathedral Ceiling
  • Loft

About This Home

As of October 2020

Incredible Semi-Oceanfront Beach Cottage with unobstructed ocean views from all levels. This home has something for everyone with a private pool, hot tub, game room with wet bar and surround sound, a reading loft with private deck, and more. Every one of the 6 bedrooms has its own master bath. The open top floor has 2 levels of front decks to enjoy sweeping ocean views and a rear deck overlooking the pool. The custom kitchen features granite countertops, tile backsplash, stainless appliances and large island. The top floor master bath features extensive tile work and a jetted tub. The home is soundly constructed and has new paint (11/2012), Hardiplank siding, Anderson windows and doors, trex decking on the pool deck, new hot tub, and outside shower. This home is elevated off the ground to enjoy panoramic views of the Ocean from its corner location and overlooks the Historic Wash Woods Coast Guard Station, tower and boat house. This is currently a second home but rental projection is on file for $74,000. Come see what the 4x4 area is all about with no street lights, just stars, and wild horses roaming free.

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 12/05/2012

Last Buyer's Agent

Glenn Jungen

Twiddy and Company - Corolla License #224940

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,188

Year Built

  • Built in 2005

Lot Details

  • Ocean Front
  • Corner Lot
  • Unpaved Streets

Home Design

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

Interior Spaces

  • 3,420 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Loft
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower
  • Gunite Pool

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

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

Community Details

  • Built by Tappero
  • North Swan Bch Subdivision

Listing and Financial Details

  • Legal Lot and Block A / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,188

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: North on beach to MP 20. Over dune, house just in front of you on the left corner intersection
  • Extras: Ceiling Fan(s), Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Sun Deck, Water Softener, Whirlpool/Spa
  • Flood Zone: Cobra, VE
  • Headline: Semi-OF stunner
  • Heated Sq Ft: 3420
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 916
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Ensuite, Some Windows Treated, Wet Bar
  • Optional Rooms: Game Room, Loft
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: Tappero
  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool Type: Outdoor, In Ground, Gunite
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Utilities

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

Lot Info

  • Lot Description: Corner
  • Lot Number: Lot A
  • Deed Book: 1116

Rental Info

  • Est Annual Rental Income: 74000
  • Estimated Rental Performance: 0.1291
  • Lease Terms: Weekly
  • Other Expenses: 448095
  • Yearly Expense Actual Estimate: Actual

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2012
  • Taxes: 3188

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Sep 25, 2020
Sold by
Reinhardt Investments Llc
Bought by
Thompson Anitra M and Thompson Philip
Seller's Agent
Len Cusato
Keller Williams - Outer Banks
Buyer's Agent
Len Cusato
Keller Williams - Outer Banks
List Price
$599,000
Sold Price
$540,000
Premium/Discount to List
-$59,000
-9.85%
Current Estimated Value
$1,142,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$602,309
Avg. Annual Appreciation
16.82%
Original Mortgage
$432,000
Outstanding Balance
$314,902
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$827,407

Purchase Details

Listed on
Dec 5, 2012
Closed on
Mar 5, 2013
Sold by
Smith Molly K and Giannascoli Richard
Bought by
Reinhardt Investments Llc
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Glenn Jungen
Twiddy and Company - Corolla
List Price
$599,000
Sold Price
$573,000
Premium/Discount to List
-$26,000
-4.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.78%

Purchase Details

Closed on
Jan 5, 2010
Sold by
Dipietro Stefano and Dipietro Joanne
Bought by
Smith Molly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
5%
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 Type Sale Price Title Company
Warranty Deed $540,000 None Available
Warranty Deed $573,000 None Available
Warranty Deed $500,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $432,000 New Conventional
Previous Owner $364,000 New Conventional
Previous Owner $699,000 Adjustable Rate Mortgage/ARM
Previous Owner $630,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Sold $540,000 -9.8% $158 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $599,000 0.0% $175 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $599,000 +4.5% $175 / Sq Ft
03/11/2013 03/11/13 Sold $573,000 -4.3% $168 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
12/05/2012 12/05/12 For Sale $599,000 -- $175 / 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 $5,639 $773,100 $132,000 $641,100
2023 $5,109 $773,100 $132,000 $641,100
2022 $4,233 $773,100 $132,000 $641,100
2021 $4,269 $598,800 $131,700 $467,100
2020 $3,527 $598,800 $131,700 $467,100
2019 $3,481 $598,800 $131,700 $467,100
2018 $3,481 $598,800 $131,700 $467,100
2017 $3,491 $598,800 $131,700 $467,100
2016 $3,491 $598,800 $131,700 $467,100
2015 $3,491 $598,800 $131,700 $467,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 77088

Outer Banks Association of REALTORS®

APN: 099A-003-000A-0003