NOT LISTED FOR SALE

Estimated Value: $1,773,000 - $2,179,000

9 Beds
9.5 Baths
5,951 Sq Ft
$336/Sq Ft Est. Value

Last Sold September 27, 2016

Last sale price $1,050,000 $176 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $11,781/month

83 Days on Market

Highlights

  • Beach Front
  • Outdoor Pool
  • Wood Flooring
  • Ocean View
  • Second Refrigerator
  • Hydromassage or Jetted Bathtub

About This Home

As of September 2016

Enjoy the pristine 4 wheel drive beaches (Carova Beach) and oceanfront luxury at its best. This is a custom designed home built by Matt Tappero. This extraordinary home features a private walkway to the beach with a dune deck, incredible ocean views, 7 master bedrooms, large (15x30) private heated pool with Tiki bar, hot tub, game room and the convenience of an elevator. Enjoy two gas fireplaces - one in the master between bedroom and bathroom, gourmet kitchen with gorgeous counter tops and stainless steel appliances. Master bedroom is on the top level and has ocean views and deck access. Master bath has tile floors, tiled shower and Jacuzzi tub. Mid level has 5 bedrooms and an office space. All 4 bedrooms facing the ocean have private deck access. The lower level has 3 bedrooms (all with access to the covered patio area) and large game room with card table, pool/ping pong table, wet bar with microwave and a refrigerator. The house was professionally decorated with high end furniture and fine touches. Proved rental record will make it a great investment for anybody looking for a money making property. Over $108,000 has already been booked for 2016. Current owner limits rental availability from the last week of May till the end of September, keeping shoulder weeks to himself. Carova Beach is a perfect get away. It offers one of a kind "escape from it all" feel, wide, sandy beaches and wild horses that roam free among dunes and on the beach.

Last Agent to Sell the Property

Anna Hunt

Brindley Beach Vacations & Sales - KH License #231616 Listed on: 04/20/2016

Last Buyer's Agent

Jean-Paul Peron

EXP Realty, LLC - Coastal License #261870

EXP Realty, LLC - Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,188

Year Built

  • Built in 2005

Lot Details

  • Beach Front
  • Level Lot
  • Unpaved Streets

Home Design

  • Reverse Style Home
  • Frame Construction
  • Wood Shingle Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 5,951 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Beamed Ceilings
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Screened Porch
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Unpaved Parking
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Pool

  • Outdoor Pool
  • Spa
  • Heated Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

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

Community Details

  • Built by Matt Tappero
  • Carova Beach Subdivision

Listing and Financial Details

  • Tax Lot #38

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,188

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Go to MP 20 (about 7 miles up the beach), turn left at MP 20 and take right on Sandfiddler north - house is on right.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Handicap Friendly, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck, Tiki Bar
  • Flood Zone: Cobra
  • Subdivision Name: Carova Beach PUD
  • Heated Sq Ft: 5951
  • L V T Date: 04/21/2016
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 9
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 598
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
  • Bedrooms: 9
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 9
  • Furnishings Available: Yes
  • Interior Amenities: Beamed Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Some Windows Treated, Washer Connection, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Matt Tappero
  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Heated, Private Pool
  • Roof: Wood Shingles
  • View: Ocean

Garage/Parking

  • Parking: Off Street, Unpaved

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 10775

Lot Info

  • Lot Description: Beach Frontage, Level
  • Lot Number: Lot #38
  • Deed Book: 1178

Rental Info

  • Est Annual Rental Income: 122675
  • Estimated Rental Performance: 0.1168
  • Flood Expenses: 8550
  • Lease Terms: Weekly
  • Other Expenses: 300
  • Other Expenses2: 270
  • Other Expenses3: 300
  • Poolspa Expense: 3238
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Summer Academy
  • Rental Cottage Number: V12077
  • Rental Phone Number: 252-457-1169
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 2736
  • Annual Electric: 5272
  • Annual Telephone Expense: 684

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2015
  • Taxes: 5188

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2016
Closed on
Sep 27, 2016
Sold by
Bates David B
Bought by
Pate David M and Pate Sharon K
Seller's Agent
Anna Hunt
Brindley Beach Vacations & Sales - KH
Buyer's Agent
Jean-Paul Peron
EXP Realty, LLC - Coastal
List Price
$1,190,000
Sold Price
$1,050,000
Premium/Discount to List
-$140,000
-11.76%
Total Days on Market
83
Current Estimated Value
$1,998,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$948,740
Avg. Annual Appreciation
7.65%
Original Mortgage
$945,000
Outstanding Balance
$766,619
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,232,121

Purchase Details

Closed on
Nov 16, 2011
Sold by
Kelly James B
Bought by
Bates David B and Bates Gail D
Source: Public Records

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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
Pate David M $1,050,000 Attorney
Bates David B $880,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pate David M $945,000
Previous Owner Bates David B $660,000
Previous Owner Kelly James B $1,495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2016 09/27/16 Sold $1,050,000 -11.8% $176 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $1,190,000 -- $200 / 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 $7,756 $1,158,500 $289,400 $869,100
2023 $7,044 $1,158,500 $289,400 $869,100
2022 $5,871 $1,158,500 $289,400 $869,100
2021 $5,745 $1,043,600 $299,100 $744,500
2020 $5,329 $1,043,600 $299,100 $744,500
2019 $5,329 $1,043,600 $299,100 $744,500
2018 $0 $1,043,600 $299,100 $744,500
2017 $5,194 $1,043,600 $299,100 $744,500
2016 $5,188 $1,043,600 $299,100 $744,500
2015 $5,188 $1,043,600 $299,100 $744,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 92122

Outer Banks Association of REALTORS®

APN: 087A-000-0038-0009