NOT LISTED FOR SALE

Estimated Value: $512,000 - $772,000

4 Beds
2 Baths
1,200 Sq Ft
$569/Sq Ft Est. Value

Last Sold May 27, 2015

Last sale price $299,000 $249 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $3,901/month

4 Days on Market

Highlights

  • Beach Access
  • Wood Flooring
  • Solid Surface Countertops
  • Cathedral Ceiling
  • Furnished
  • Cottage

About This Home

As of May 2015

This classic cozy cottage exudes outer banks coastal charm. Gorgeous hardwood floors and rich beamed ceilings throughout the home. Professionally designed and decorated. This home was completely remodeled over the last few years both inside and out. New hardiplank siding, roof, interior and exterior paint. It is also a straight shot to the beach one block away from the driveway. RENTAL INCOME OVER $25,000!

Last Agent to Sell the Property

Barry Breit

Carolina Designs Realty License #187143 Listed on: 04/16/2015

Last Buyer's Agent

Stephanie Reutlinger

Beach Realty & Construction License #119661

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,762

Year Built

  • Built in 1976

Lot Details

  • Landscaped

Parking

  • Tuck Under Parking

Home Design

  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,200 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Electric Fireplace
  • Window Treatments

Kitchen

  • Oven or Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Beach Access
  • Sun Deck
  • Exterior Lighting

Utilities

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

Community Details

  • Mosier Shores Subdivision

Listing and Financial Details

  • Legal Lot and Block lot 3 / 11

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,762

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Cottage
  • Directions: East on Eighth house on left
  • Extras: Beach Access, Landscaped, Outside Lighting, Outside Shower, Sun Deck
  • Flood Zone: AE
  • Headline: Outer Banks Charm
  • Heated Sq Ft: 1200
  • Sale/Rent: For Sale
  • Section: 2
  • Waterfront Location: More than 5th row
  • Zoning: res
  • Deed Book Pg Number: 260
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Countertops: Solid Surface
  • Floor Coverings: Vinyl, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s), Electric Fireplace

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Under

Utilities

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

Lot Info

  • Lot Number: lot 3
  • Deed Book: 1845

Rental Info

  • Est Annual Rental Income: 25740
  • Estimated Rental Performance: 0.0861
  • Lease Terms: Weekly
  • Rental Co: Village Realty
  • Rental Cottage Name: Pelican Cay
  • Rental Phone Number: 480-2224
  • Rental Turnover Day: Sun

Building Info

  • Year Built: 1976

Tax Info

  • Year: 2014
  • Taxes: 1762.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2024
Sold by
Farmer E Reid E and Farmer Susan
Bought by
Oceans 8 Llc
Current Estimated Value
$683,195

Purchase Details

Closed on
Apr 22, 2024
Sold by
Corso Gregory Clark and Nunley Larisa Ann
Bought by
Farmer E Reid E and Farmer Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,200
Interest Rate
6.88%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 5, 2021
Sold by
Gray Daniel Wayne and Gray Terra M
Bought by
Corso Gregory Clark and Nunley Larisa Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2015
Closed on
May 26, 2015
Sold by
Sorenson Robert A and Sorenson Lori D
Bought by
Gray Daniel Wayne and Gray Terra M
Seller's Agent
Barry Breit
Carolina Designs Realty
Buyer's Agent
Stephanie Reutlinger
Beach Realty & Construction
List Price
$299,000
Sold Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%

Purchase Details

Closed on
Oct 8, 2010
Sold by
Diehl Lawrence D and Diehl Pamela D
Bought by
Sorenson Robert A and Sorenson Lori D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2005
Sold by
Wood Ernest M and Wood Jane
Bought by
Diehl Lawrence D and Diehl Pamela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,750
Interest Rate
2%
Mortgage Type
Assumption
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
Oceans 8 Llc -- None Listed On Document
Oceans 8 Llc -- None Listed On Document
Farmer E Reid E $729,000 None Listed On Document
Farmer E Reid E $729,000 None Listed On Document
Corso Gregory Clark $2,825,000 None Available
Gray Daniel Wayne $299,000 Attorney
Sorenson Robert A $290,000 None Available
Diehl Lawrence D $367,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farmer E Reid E $583,200
Previous Owner Corso Gregory Clark $508,500
Previous Owner Sorenson Robert A $195,000
Previous Owner Diehl Lawrence D $330,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2015 05/27/15 Sold $299,000 0.0% $249 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $299,000 -- $249 / 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 $3,953 $712,600 $348,000 $364,600
2024 $2,669 $345,500 $168,000 $177,500
2023 $2,669 $352,600 $168,000 $184,600
2022 $2,540 $352,600 $168,000 $184,600
2021 $2,546 $352,600 $168,000 $184,600
2020 $2,540 $352,600 $168,000 $184,600
2019 $1,994 $224,500 $131,200 $93,300
2018 $1,939 $223,300 $131,200 $92,100
2017 $1,939 $223,300 $131,200 $92,100
2016 $1,830 $221,200 $131,200 $90,000
2014 $1,762 $221,200 $131,200 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 87656

Outer Banks Association of REALTORS®

APN: 004847000