NOT LISTED FOR SALE

Estimated Value: $1,182,000 - $1,425,000

8 Beds
8.5 Baths
3,762 Sq Ft
$338/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $1,300,000 $346 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,388/month

112 Days on Market

Highlights

  • Ocean Front
  • Home Theater
  • Second Refrigerator
  • Beach Access
  • Heated In Ground Pool
  • Coastal Architecture

About This Home

As of June 2023

You probably have heard of, "Location, Location, Location!" But this property ALSO has "ROI, ROI, ROI" with $147,130 Advertised Income and $131,459 Owner Gross income in 2022! Advertised income booked for 2023 is already $147,671. This well built and maintained home is ready for you to enjoy the awesome cashflow of this exciting semi-ocean front investment property. When you are not making money, you will be making memories with family and friends enjoying beautiful ocean views, the pool, hot tub and wrap around decks for coffee sunrises and charcuterie sunsets! 7 of the 8 large bedrooms have their own ensuites, plenty of elbow room for all! A large rec room with a pool table and a three-row in-home theater means no raining on your vacation parade! High-end finishes set this rental machine far apart from the competition. The spectacular beach is the main attraction next to the wild horses! Be sure to check out the artistic craftsmanship of the tile mosaic horse in the entry foyer. Memories last a lifetime, and the financial legacy of this property is a must for future generations, act now!

Last Agent to Sell the Property

Joseph Staten

OBX Island Realty License #270090 Listed on: 01/24/2023

Co-Listed By

Grace Anlauf

Live Oak Realty License #309364

Last Buyer's Agent

Heather Sakers

Coldwell Banker Seaside Realty KH License #255119

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,260

Year Built

  • Built in 2014

Lot Details

  • Ocean Front
  • Level Lot
  • Unpaved Streets

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Cement Board or Planked

Interior Spaces

  • 3,762 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Bay Window
  • Entrance Foyer
  • Home Theater
  • Library
  • Loft
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector
  • Attic

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Unpaved Parking
  • On-Street Parking
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Water Filtration System
  • Private Water Source
  • Well
  • Water Softener
  • Fuel Tank
  • Septic System

Community Details

  • Built by Sandbar Realty & Construction
  • Carova Beach Subdivision

Listing and Financial Details

  • Tax Lot 115

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,260

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Water Filter, Water Softener, Dry Entry, Inside Laundry Room
  • Flood Zone: Shaded X
  • Headline: Amazing ROI & Ocean Views!
  • Heated Sq Ft: 3762
  • L V T Date: 01/24/2023
  • Roads: Public, Unpaved
  • Sale/Rent: For Sale
  • Section: 9
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: SFR
  • Advertised Income 2022: 147130
  • Deed Book Pg Number: 919
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3211
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Freezer, Ice Machine, Microwave, Range/Oven, Refrigerator, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 8
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood, Luxury Vinyl Plank
  • Foundation: Slab
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Attic, Bay/Bow Window, Cathedral Ceiling(s), Ensuite, Pantry, Wet Bar, Electric Fireplace, 1st Flr Ensuite
  • Optional Rooms: Foyer, Game Room, Library/Study, Loft, Pantry, Home Theater
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Sandbar Realty & Construction
  • Construction: Frame, Wood
  • Exterior: Shakes, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Street, Off Street, Unpaved

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Faces: .33
  • Lot Size: 14375
  • Lot Number: Lot 115
  • Deed Book: 1670

Rental Info

  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Easy Breezy Lemon Squeezy
  • Rental Cottage Number: V22146
  • Rental Phone Number: 252-457-0489
  • Rental Turnover Day: Saturday
  • Rental Contact Name: Pam Geyer
  • Rental Contact Phone: 252-457-0489

Building Info

  • Year Built: 2014

Tax Info

  • Year: 2022
  • Taxes: 4259.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Jun 22, 2023
Sold by
Hoprich Enterprises Llc
Bought by
Ckm Properties
Seller's Agent
Joseph Staten
OBX Island Realty
Buyer's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
List Price
$1,399,000
Sold Price
$1,300,000
Premium/Discount to List
-$99,000
-7.08%
Views
217
Current Estimated Value
$1,271,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,838
Avg. Annual Appreciation
-1.03%

Purchase Details

Listed on
May 12, 2021
Closed on
Dec 17, 2021
Sold by
Tuite Patricia G
Bought by
Hoprich Enterprises Llc
Seller's Agent
Julie Rozella
Corolla Beach Realty
Buyer's Agent
Joseph Staten
OBX Island Realty
List Price
$989,000
Sold Price
$959,000
Premium/Discount to List
-$30,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.49%
Original Mortgage
$767,200
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2012
Sold by
Kuruce Timothy F and Tuite Patricia G
Bought by
Tuite Patrica G

Purchase Details

Closed on
Jan 4, 2008
Sold by
Hollis John S
Bought by
Kuruce Timothy F and Tuite Patricia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
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
Ckm Properties $7,800,000 None Listed On Document
Hoprich Enterprises Llc $959,000 None Available
Tuite Patrica G -- None Available
Kuruce Timothy F $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoprich Enterprises Llc $767,200
Previous Owner Tuite Patricia G $510,000
Previous Owner Tuite Patricia G $596,000
Previous Owner Tuite Patricia G $37,250
Previous Owner Tuite Patricia G $633,250
Previous Owner Tulte Patricia G $100,000
Previous Owner Kuruce Timothy F $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $1,300,000 -7.1% $346 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $1,399,000 +45.9% $372 / Sq Ft
12/21/2021 12/21/21 Sold $959,000 -1.0% $264 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
10/09/2021 10/09/21 Price Changed $969,000 -0.5% $267 / Sq Ft
07/29/2021 07/29/21 Price Changed $974,000 -0.5% $268 / Sq Ft
06/23/2021 06/23/21 Price Changed $979,000 -1.0% $270 / Sq Ft
05/12/2021 05/12/21 For Sale $989,000 -- $272 / 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 $5,542 $799,100 $98,000 $701,100
2023 $5,542 $799,100 $98,000 $701,100
2022 $4,260 $799,100 $98,000 $701,100
2021 $4,168 $591,200 $91,200 $500,000
2020 $3,182 $591,200 $91,200 $500,000
2019 $3,169 $591,200 $91,200 $500,000
2018 $3,108 $591,200 $91,200 $500,000
2017 $3,084 $591,200 $91,200 $500,000
2016 $3,065 $587,400 $91,200 $496,200
2015 $3,053 $587,400 $91,200 $496,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 121241

Outer Banks Association of REALTORS®

APN: 087A-000-0115-0009