NOT LISTED FOR SALE

Estimated Value: $663,000 - $823,000

3 Beds
2 Baths
1,248 Sq Ft
$599/Sq Ft Est. Value

Last Sold November 16, 2016

Last sale price $450,000 $361 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,429/month

134 Days on Market

Highlights

  • Beach Front
  • Spa
  • Furnished
  • Ocean View
  • Coastal Architecture
  • Gazebo

About This Home

As of November 2016

Beautiful OCEANFRONT coastal cottage located in the heart of Carova. Watch the horses graze on the 28,000 square foot protected lot. Enjoy the walkway out to the gazebo overlooking the ocean that gives you direct private access to Carova Beach. This home has plenty of protection as it was build sitting closer to Sandfiddler Road. What something bigger? Plenty of room to expand while still being able to enjoy this prime location. New pictures plus an aerial video coming soon, call today to schedule an appointment!

Last Agent to Sell the Property

Matt Preston

Twiddy and Company - Corolla License #288634 Listed on: 05/24/2016

Last Buyer's Agent

Matt Preston

Twiddy and Company - Corolla License #288634 Listed on: 05/24/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,266

Year Built

  • Built in 1983

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 80x350
  • Beach Front
  • Landscaped
  • Unpaved Streets
  • Property is zoned RO2

Home Design

  • Coastal Architecture
  • Ranch Style House
  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,248 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Spa
  • Sun Deck
  • Gazebo

Utilities

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

Listing and Financial Details

  • Tax Lot #37

Community Details

Overview

  • Carova Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,266

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Ranch, Coastal, Cottage
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Gazebo, Hot Tub, Landscaped, Smoke Detector(s), Storm Doors, Sun Deck
  • Flood Zone: Cobra, VE
  • Headline: Affordable Oceanfront Home!
  • Heated Sq Ft: 1248
  • L V T Date: 05/25/2016
  • Roads: Public, Unpaved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RO2
  • Deed Book Pg Number: 779
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 1 Car, Attached
  • Parking: Off Street, Unpaved

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 28000
  • Lot Description: Beach Frontage
  • Lot Faces: W
  • Lot Size: 80x350
  • Lot Number: Lot #37
  • Deed Book: 635

Rental Info

  • Est Annual Rental Income: 43200
  • Estimated Rental Performance: 0.096
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Monarch By The Sea
  • Rental Cottage Number: V12079T
  • Rental Phone Number: 457-1100

Building Info

  • Year Built: 1983

Tax Info

  • Year: 2015
  • Taxes: 2266.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2016
Closed on
Nov 2, 2016
Sold by
Schumacher Barbara J
Bought by
Jackson Frances F
Seller's Agent
Matt Preston
Twiddy and Company - Corolla
Buyer's Agent
Matt Preston
Twiddy and Company - Corolla
List Price
$485,000
Sold Price
$450,000
Premium/Discount to List
-$35,000
-7.22%
Current Estimated Value
$747,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,238
Avg. Annual Appreciation
5.88%
Original Mortgage
$360,000
Outstanding Balance
$292,869
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$442,884

Purchase Details

Closed on
Dec 16, 2002
Bought by
Schumacher Barbara J
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
Jackson Frances F $450,000 Attorney
Schumacher Barbara J $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Frances F $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2016 11/16/16 Sold $450,000 -7.2% $361 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $485,000 -- $389 / 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 $3,192 $455,900 $289,400 $166,500
2023 $3,192 $455,900 $289,400 $166,500
2022 $2,441 $455,900 $289,400 $166,500
2021 $2,387 $440,600 $299,100 $141,500
2020 $2,323 $440,600 $299,100 $141,500
2019 $2,322 $440,600 $299,100 $141,500
2018 $2,299 $440,600 $299,100 $141,500
2017 $2,263 $440,600 $299,100 $141,500
2016 $2,266 $440,600 $299,100 $141,500
2015 $2,266 $440,600 $299,100 $141,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 92514

Outer Banks Association of REALTORS®

APN: 087A-000-0037-0009