NOT LISTED FOR SALE

Estimated Value: $997,000 - $1,152,298

5 Beds
5.5 Baths
2,948 Sq Ft
$365/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $500,000 $170 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $6,108/month

629 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Cathedral Ceiling
  • Ocean View
  • Second Refrigerator
  • Wood Flooring

About This Home

As of April 2016

Come and see this great oceanfront cottage with 5 bedrooms, 5.5 baths on an incredible well protected lot with 80ft of ocean frontage. This home has been very popular with renters grossing $70k+ in recent years. Amenities include ample decking, large heated saltwater pool, Florida room, and excellent Ocean Views. Exceptional price below Tax Valuation!

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 06/17/2014

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 06/17/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,357

Year Built

  • Built in 1999

Lot Details

  • Beach Front
  • 80 Feet of Waterfront
  • Unpaved Streets

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 2,948 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Game Room
  • Sun or Florida Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • In Ground Pool
  • Outdoor Pool
  • Saltwater Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck

Utilities

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

Community Details

  • Carova Beach Subdivision

Listing and Financial Details

  • Tax Lot #59

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,357

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Over dune at MP 20. R on sandfiddler. House on right 1/3 mile
  • Extras: Beach Access, Hot Tub, Outside Shower, Sun Deck
  • Flood Zone: Cobra, VE
  • Headline: Oceanfront-Great rents!
  • Heated Sq Ft: 2948
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 9
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Deed Book Pg Number: E/19
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, 2nd Refrigerator
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Vinyl, Wood, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s)
  • Optional Rooms: Game Room, Sun/Florida Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Salt, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean
  • Water Frontage: 80

Utilities

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

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Size: 80xMHW
  • Lot Number: Lot#59
  • Deed Book: 0008

Rental Info

  • Est Annual Rental Income: 78616
  • Estimated Rental Performance: 0.1572
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Second Thoughts
  • Rental Cottage Number: V12035
  • Rental Phone Number: 2524533325
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2013
  • Taxes: 3357

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2014
Closed on
Mar 29, 2016
Sold by
Toohill M Kevin
Bought by
Stredrick Denise Lewis and Stredrick Robert D
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$599,900
Sold Price
$500,000
Premium/Discount to List
-$99,900
-16.65%
Current Estimated Value
$1,076,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$576,575
Avg. Annual Appreciation
8.53%
Original Mortgage
$400,000
Outstanding Balance
$321,704
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$736,890
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
Stredrick Denise Lewis $500,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stredrick Denise Lewis $400,000
Previous Owner Toohill Frances C $610,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $500,000 -16.7% $170 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
06/17/2014 06/17/14 For Sale $599,900 -- $203 / 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 $4,732 $678,000 $289,400 $388,600
2023 $4,732 $678,000 $289,400 $388,600
2022 $3,596 $678,000 $289,400 $388,600
2021 $3,518 $649,300 $299,100 $350,200
2020 $3,417 $649,300 $299,100 $350,200
2019 $3,417 $649,300 $299,100 $350,200
2018 $3,351 $649,300 $299,100 $350,200
2017 $3,323 $649,300 $299,100 $350,200
2016 $3,323 $649,300 $299,100 $350,200
2015 $3,323 $649,300 $299,100 $350,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 84133

Outer Banks Association of REALTORS®

APN: 087A-000-0059-0009