NOT LISTED FOR SALE

21 Loop Rd Ocracoke, NC 27960

7 Beds
8.5 Baths
3,670 Sq Ft
0.34 Acres

Last Sold July 22, 2022

Last sale price $1,600,000 $436 Per Sq Ft

207 Days on Market

Highlights

  • Views of a Sound
  • Coastal Architecture
  • Hydromassage or Jetted Bathtub
  • Second Refrigerator
  • Main Floor Bedroom
  • Corner Lot

About This Home

As of July 2022

JOBELL checks off all the boxes on your Ocracoke dream home list. Large spacious rooms perfect for large family gatherings or corporate retreats, water views, spectacular sunsets, large "L" shaped screened porch, several covered and open decks, a successful income producing rental and room to expand (conveys with 3 water meters!) The views from the outside sitting areas are beautiful. Watch passing boats and water sports in the sound or relax and enjoy the view of the majestic Springer's Point Nature Preserve. From the back of the home, the Ocracoke Lighthouse stands tall in the distance. The entire structure was just elevated well above the new Ocracoke Development Ordinance requirement and a new foundation installed with all new pilings. The interior and exterior was painted in May 2021 with high grade Sherwin Williams Endurance paint. JOBELL conveys with an additional 6522 sq. ft. adjacent corner building lot with a 3 bedroom septic permit and a 3 bedroom/2 bath water meter. A home built on this extra lot can be an additional source of rental income or become a home for your personal use. If maximizing your rental income is your main goal, this extra property is a perfect place to install a swimming pool. Rental homes with pools are our top income producing rentals. JOBELL's renovation was completed in May 2021, amenities include: 7 bedrooms, 8 full baths and (1) 1/2 bath, new kitchen including: cabinets, high grade stainless steel appliances (includes an array of small appliances and all new kitchenware to accommodate large gatherings), granite counter-tops, lighting (includes counter lighting), a wet bar & a coffee bar, counter and table kitchen dining, 2 refrigerators, 2 dishwashers, 2 wall ovens and a 5 gas burner stove cook top with a pyramid vent!. A lovely dining room with a gorgeous hand crafted 15' dining table, 16 chairs and buffet. Truly a master piece! Spacious bedrooms, each with their own bath and outdoor space, several large closets suitable for locked owners spaces. Two top floor bedrooms each have a large soaking tub and spectacular views of the sound and nature preserve. All new luxury plank vinyl flooring, 2 on-demand tankless gas hot water heaters, 2 spacious outdoor showers, many new furnishings (covered with Revolution fabric), new bathroom vanities with all new plumbing and hardware, 9 new low-flow toilets, 9 Samsung TV's, 4 new exterior heat pumps and 2 new interior air handlers, 2 new electric panels, all new mattresses and linens and new window blinds. New 7 bedroom peat septic system, a new reinforced roof, new flooring for 5 of the exterior decks & hurricane shutters for the larger front doors. JOBELL has over $139,000 in rental income booked for 2022. Conveys fully furnished, it's a turn key rental machine.

Last Listed By

Martha Garrish

Village Realty Holdings dba Ocracoke Island Realty License #148274 Listed on: 07/26/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,080

Year Built

  • Built in 1993

Lot Details

  • 0.34 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned Mixed

Property Views

  • Views of a Sound
  • Park or Greenbelt Views

Home Design

  • Coastal Architecture
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 3,670 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Screened Porch
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Microwave
  • Second Refrigerator
  • Second Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot #2 & #1B

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,080

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: From Hwy 12 S make a left on Lighthouse Rd., proceed all the way down Lighthouse Rd., subject property is the first home on the left on Loop Rd.
  • Extras: Ceiling Fan(s), Covered Decks, Jet Tub, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Subdivision Name: James Styron Heirs
  • Headline: 7 Bed/8.5 Bath w/an Extra Lot!
  • Heated Sq Ft: 3670
  • L V T Date: 07/28/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: Mixed
  • Advertised Income 2021: 83039
  • Advertised Income 2022: 139979
  • Deed Book Pg Number: 693 & 674
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26996
  • Outer Banks Software: Yes
  • Short Term Rental Restrictions: No
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 7
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 1
  • Bedroom 6: On Level: 3
  • Bedroom 7: On Level: 3
  • Kitchen: On Level: 1
  • Countertops: Quartz
  • Floor Coverings: Carpet, Tile, Vinyl Tile
  • Foundation: Piling
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Gas Fireplace, Ensuite, Wet Bar, 1st Flr Ensuite
  • Dining Room: On Level: 1
  • Living Room: On Level: 1
  • Partial Bathrooms: 1

Exterior Features

  • Roof: Asphalt/Fiber Shingle
  • View: Park Serv/Preserve, Sound, Salt Marsh

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 15022
  • Lot Description: Corner, Level
  • Lot Number: Lot#2 & #1B
  • Estimated Lot Size: 0.34
  • Deed Book: 189 & 251

Rental Info

  • Est Annual Rental Income: 140000
  • Estimated Rental Performance: 0.0875
  • Lease Terms: Weekly
  • Rental Co: Ocracoke Island Realty
  • Rental Cottage Name: JOBELL
  • Rental Cottage Number: CR#55
  • Rental Phone Number: 252-928-6261
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2021
  • Taxes: 6080

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2002
Total Days on Market
207

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
-- $668,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $1,600,000 +10.3% $436 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
07/26/2021 07/26/21 For Sale $1,450,000 -- $395 / 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
2023 $6,603 $534,725 $221,000 $313,725
2022 $5,300 $579,245 $221,000 $358,245
2021 $4,721 $579,245 $221,000 $358,245
2020 $4,576 $579,245 $221,000 $358,245
2019 $4,576 $579,245 $221,000 $358,245
2018 $4,518 $579,245 $221,000 $358,245
2017 $4,505 $693,114 $256,000 $437,114
2016 $4,505 $693,114 $256,000 $437,114
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115409

Outer Banks Association of REALTORS®

APN: 152