NOT LISTED FOR SALE

Estimated Value: $522,770 - $675,000

3 Beds
2 Baths
1,092 Sq Ft
$559/Sq Ft Est. Value

Last Sold November 03, 2020

Last sale price $468,000 $429 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,465/month

163 Days on Market

Highlights

  • Views of a Sound
  • Boat Dock
  • Spa
  • First Flight Middle School Rated A-
  • Home fronts a sound
  • Beach Box Architecture

About This Home

As of November 2020

***$42K 2020 Rentals*** SOUND FRONT OASIS with LARGE Beautifully fenced-in yard! Front row seat to BREATHTAKING SUNSETS! PRIVATE PIER! HOT TUB facing the sound! ** Seller offering $10K towards future repair of pilings** - Tiki Hut and shaded grilling area under the house, along with large storage room! - Tankless hot water heater provides endless supply of hot water. - Hardwood floors in living/kitchen/hall, carpet in bedrooms, and ceramic tile in bathrooms. - HOA membership (optional) $30/year entitles you a parking pass in a private, community, oceanfront parking lot next to the Avalon Fishing Pier. - New roof 2018, new pier 2019, and new fence 2019. $49K in GRI for 2019 (29 weeks). 2020 already has 36K (21 booked). Beautifully appointed Master bedroom with King bed along with two additional bedrooms that share an additional spacious full bath. This is the ideal layout for a comfortable rental property. The cottage boasts a spacious & modern kitchen fully equipped with stainless appliances and open dining area for entertaining. The well lit living space and beautiful sun room are perfectly done for the renter or full time owner. This property is a "must see" for anyone looking for a perfect investment property or a sound front getaway!

Last Agent to Sell the Property

Brook Sparks

Coldwell Banker Seaside Realty KH License #275425 Listed on: 03/26/2020

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Alex Argiroff

Keller Williams - Outer Banks License #176145

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,347

Year Built

  • Built in 1974

Lot Details

  • 0.25 Acre Lot
  • Home fronts a sound

HOA Fees

  • $3 Monthly HOA Fees

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,092 Sq Ft Home
  • Furnished
  • Views of a Sound

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Shower

Utilities

  • Forced Air Heating and Cooling System

Community Details

Overview

  • Bay Dr Association

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,347

Year Built

Built in 1974

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Extras: Hot Tub, Outside Shower
  • Flood Zone: AE
  • Headline: Lucrative investment!
  • Heated Sq Ft: 1092
  • L V T Date: 03/26/2020
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 225
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes

Exterior Features

  • Construction: Frame
  • Exterior: Shakes
  • View: Sound

Utilities

  • Cooling: Central
  • Heating: Forced Air

Condo/Co-op/Association

  • Association Amenities: Boat Ramp
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 30
  • Hoa Contact: Bay Dr
  • HOA Contact: Bay Dr

Lot Info

  • Estimated Lot Sq Ft: 11000
  • Lot Description: Bulkheaded, Water Frontage
  • Estimated Lot Size: 0.25
  • Deed Book: 1934

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Beach Realty & Construction
  • Rental Cottage Name: A Change in Latitude
  • Rental Cottage Number: K1525
  • Rental Phone Number: 252.441.7166
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1974

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2019
  • Taxes: 2347.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2022
Sold by
Lindsay Craig and Lindsay Margaret
Bought by
Lindsay Brent and Sims Lindsay Latichia
Current Estimated Value
$610,693

Purchase Details

Listed on
Mar 26, 2020
Closed on
Oct 30, 2020
Sold by
Hale James R and Hale Tabitha G
Bought by
Stein Winifred Ann and Peacock Matthew
Seller's Agent
Brook Sparks
Coldwell Banker Seaside Realty KH
Buyer's Agent
Alex Argiroff
Keller Williams - Outer Banks
List Price
$480,000
Sold Price
$468,000
Premium/Discount to List
-$12,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%
Original Mortgage
$374,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2013
Sold by
Coastal Realty & Construction Inc
Bought by
Hale James R and Hale Tabitha G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,725
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2011
Sold by
Harris Gretchen G
Bought by
Coastal Realty & Construction Inc and Obx Homes Llc

Purchase Details

Closed on
Jul 25, 2006
Sold by
Thoms Daniel S and Thoms Gretchen H
Bought by
Thoms Gretchen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,500
Interest Rate
6.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lindsay Brent -- --
Stein Winifred Ann $468,000 None Available
Hale James R $378,500 None Available
Coastal Realty & Construction Inc $306,000 None Available
Thoms Gretchen H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stein Winifred Ann $374,400
Previous Owner Hale James R $321,725
Previous Owner Thoms Gretchen H $311,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2020 11/03/20 Sold $468,000 -0.4% $429 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
09/01/2020 09/01/20 Price Changed $470,000 -2.1% $430 / Sq Ft
07/28/2020 07/28/20 For Sale $480,000 0.0% $440 / Sq Ft
07/28/2020 07/28/20 Price Changed $480,000 +2.1% $440 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $470,000 0.0% $430 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $470,000 0.0% $430 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $470,000 -- $430 / 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 $3,269 $593,400 $367,200 $226,200
2024 $1,297 $337,700 $211,500 $126,200
2023 $2,589 $342,748 $211,500 $131,248
2022 $2,470 $342,748 $211,500 $131,248
2021 $2,470 $342,748 $211,500 $131,248
2020 $2,470 $342,748 $211,500 $131,248
2019 $2,386 $269,800 $180,300 $89,500
2018 $2,338 $269,800 $180,300 $89,500
2017 $2,334 $269,800 $180,300 $89,500
2016 $2,224 $269,800 $180,300 $89,500
2014 $2,142 $269,800 $180,300 $89,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108881

Outer Banks Association of REALTORS®

APN: 001978000