NOT LISTED FOR SALE

Estimated Value: $1,178,000 - $1,618,000

6 Beds
8 Baths
4,460 Sq Ft
$311/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $1,230,000 $276 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,969/month

92 Days on Market

Highlights

  • Ocean Front
  • Second Refrigerator
  • Cathedral Ceiling
  • Outdoor Pool
  • Coastal Architecture
  • Wood Flooring

About This Home

As of December 2023

This semi-oceanfront home has everything that you look for in a great beach house in Carova. The home sits on an elevated ridge with great ocean views and with no flood insurance required. Right under 4,500 sq/ft, this house has a great layout with large bedrooms, custom finishes and a huge rec room that leads out to the ocean facing pool. All six bedrooms have their own private bathroom and most lead out to decks where you can enjoy ocean views and wild horses roaming. The third level great room is filled with natural light and a wall of windows on the east side of the house. This area also comes equipped with Brazilian cherry hardwood floors, granite countertops and a large kitchen that any chef would desire. New roof this past year, projected to do $146,090 in gross rents for 2024, this house makes for a great rental investment.

Last Agent to Sell the Property

Matt Preston

Twiddy and Company - Corolla License #288634 Listed on: 08/23/2023

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,464

Year Built

  • Built in 2004

Lot Details

  • 0.33 Acre Lot
  • Ocean Front
  • Corner Lot
  • Unpaved Streets

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 4,460 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer

Pool

  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Covered Deck

Utilities

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

Community Details

  • Built by Brumfield
  • Carova Beach Subdivision

Listing and Financial Details

  • Tax Lot 111

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,464

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Covered Decks, Hot Tub, Outside Shower, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: Beautiful Semi-OF/Great Rental
  • Heated Sq Ft: 4460
  • L V T Date: 08/23/2023
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 9
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: SFR
  • Deed Book Pg Number: 0833
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • 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, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Ensuite, Some Windows Treated
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: Brumfield
  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Fuel Tanks: Owned
  • Sewer/Septic System: Private Septic
  • Water: Well

Lot Info

  • Estimated Lot Sq Ft: 14500
  • Lot Description: Corner
  • Lot Number: Lot 111
  • Estimated Lot Size: 0.33
  • Deed Book: 1674

Rental Info

  • Est Annual Rental Income: 146090
  • Estimated Rental Performance: 0.1188
  • Rental Co: Beach Realty & Construction
  • Rental Contact Name: Carolyne Haas
  • Rental Contact Phone: 2522554348

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2022
  • Taxes: 4464

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Dec 12, 2023
Sold by
Haviland Adam and Haviland Kelly
Bought by
Mccrann Matthew and Mccrann Marianne Meghan
Seller's Agent
Matt Preston
Twiddy and Company - Corolla
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$1,350,000
Sold Price
$1,230,000
Premium/Discount to List
-$120,000
-8.89%
Views
192
Current Estimated Value
$1,387,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,483
Avg. Annual Appreciation
7.49%
Original Mortgage
$984,000
Outstanding Balance
$971,752
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$415,930

Purchase Details

Closed on
Jan 4, 2021
Sold by
Mustin Lloyd M and Mustin Tracy P
Bought by
Haviland Adam and Haviland Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2003
Bought by
Mustin Ii Lloyd M and Mustin Tracy P
Source: Public Records

Range of Values:

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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
Mccrann Matthew $1,230,000 None Listed On Document
Mccrann Matthew $1,230,000 None Listed On Document
Haviland Adam $800,000 None Available
Mustin Ii Lloyd M $262,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccrann Matthew $984,000
Previous Owner Haviland Adam $640,000
Previous Owner Mustin Ii Lloyd M $90,500
Previous Owner Barnett James E $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $1,230,000 -4.7% $276 / Sq Ft
11/23/2023 11/23/23 Pending -- -- --
10/13/2023 10/13/23 Price Changed $1,290,000 -2.6% $289 / Sq Ft
08/23/2023 08/23/23 Price Changed $1,325,000 -1.9% $297 / Sq Ft
08/23/2023 08/23/23 For Sale $1,350,000 +68.8% $303 / Sq Ft
01/14/2022 01/14/22 Sold $800,000 0.0% $179 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
12/04/2021 12/04/21 For Sale $799,900 -- $179 / 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 $4,909 $727,100 $98,000 $629,100
2023 $4,909 $727,100 $98,000 $629,100
2022 $3,729 $727,100 $98,000 $629,100
2021 $3,648 $692,800 $114,000 $578,800
2020 $3,545 $692,800 $114,000 $578,800
2019 $3,545 $692,800 $114,000 $578,800
2018 $3,475 $692,800 $114,000 $578,800
2017 $3,439 $692,800 $114,000 $578,800
2016 $3,439 $692,800 $114,000 $578,800
2015 $3,439 $692,800 $114,000 $578,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 123191

Outer Banks Association of REALTORS®

APN: 087A-000-0111-0009