NOT LISTED FOR SALE

Estimated Value: $1,399,000 - $1,796,000

6 Beds
4.5 Baths
4,060 Sq Ft
$411/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $1,399,000 $345 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $9,904/month

15 Days on Market

Highlights

  • Beach Front
  • Home Theater
  • Second Refrigerator
  • Ocean View
  • Outdoor Pool
  • Coastal Architecture

About This Home

As of January 2022

Incredible custom built oceanfront home with a great rental history. Over $160k in rental income for 2021 with amenities including an elevator, theater room, private pool and geothermal heating and cooling. This 6-bedroom home is set up as a reverse floor plan with the top floor having the great room, master bedroom and kitchen along with a screened in porch on the southwest corner of the house. The middle level has four bedrooms, three of which have their own private deck access. The bottom level has a rec room which transitions to the outside pool area. There is also the theater room and bunk room on the ground level. Watch the wild horses roam while enjoying sweeping ocean views. Schedule your showing today!

Last Agent to Sell the Property

Matt Preston

Twiddy and Company - Corolla License #288634 Listed on: 10/16/2021

Last Buyer's Agent

Len Cusato

Keller Williams - Outer Banks License #284979

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,367

Year Built

  • Built in 2015

Lot Details

  • Beach Front
  • Unpaved Streets

Home Design

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

Interior Spaces

  • 4,060 Sq Ft Home
  • Elevator
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Home Theater
  • Game Room
  • Screened Porch
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Plumbed For Ice Maker
  • Second Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Unpaved Parking
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Spa

Outdoor Features

  • Covered Deck
  • Exterior Lighting

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Well
  • Private or Community Septic Tank

Community Details

  • Built by Tab Winborne
  • Carova Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,367

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Outside Lighting, Screened Porch
  • Headline: Beautiful Oceanfront
  • Heated Sq Ft: 4060
  • L V T Date: 10/16/2021
  • Roads: Public, Unpaved
  • Sale/Rent: For Sale
  • Section: 2
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0001
  • 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, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 6
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Plank
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Dryer Connection, Ice Maker Connection, Ensuite, Pantry, Washer Connection
  • Optional Rooms: Game Room, Media Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Off Street, Unpaved

Utilities

  • Cooling: Central
  • Heating: Geo-Thermal
  • Sewer/Septic System: Private Septic
  • Water: Well

Lot Info

  • Lot Description: Beach Frontage
  • Lot Number: Lot 2
  • Deed Book: 0619

Rental Info

  • Est Annual Rental Income: 160825
  • Estimated Rental Performance: 0.115
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Dolphin Patch
  • Rental Cottage Number: V12197
  • Rental Phone Number: 252-453-1100
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 2015

Tax Info

  • Year: 2021
  • Taxes: 5367

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2021
Closed on
Dec 20, 2021
Sold by
Edgerton Charles W and Edgerton Patricia B
Bought by
Shevlin Joseph P and Shevlin Lydia A
Seller's Agent
Matt Preston
Twiddy and Company - Corolla
Buyer's Agent
Len Cusato
Keller Williams - Outer Banks
List Price
$1,399,000
Sold Price
$1,399,000
Total Days on Market
15
Current Estimated Value
$1,669,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,835
Avg. Annual Appreciation
5.23%
Original Mortgage
$81,200
Outstanding Balance
$75,888
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$1,593,947

Purchase Details

Closed on
Oct 22, 2002
Bought by
Edgerton Charles W and Edgerton Patricia B
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
Shevlin Joseph P $1,399,000 None Available
Edgerton Charles W $705,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albrecht Robert W $81,200
Open Shevlin Joseph P $1,119,200
Previous Owner Edgerton Charles W $240,000
Previous Owner Edgeton Charles W $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $1,399,000 0.0% $345 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
10/16/2021 10/16/21 For Sale $1,399,000 -- $345 / 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 $7,226 $1,051,000 $289,400 $761,600
2023 $7,226 $1,051,000 $289,400 $761,600
2022 $5,485 $1,051,000 $289,400 $761,600
2021 $5,368 $853,000 $299,100 $553,900
2020 $4,479 $853,000 $299,100 $553,900
2019 $4,465 $853,000 $299,100 $553,900
2018 $4,377 $853,000 $299,100 $553,900
2017 $4,355 $853,000 $299,100 $553,900
2016 $4,355 $853,000 $299,100 $553,900
2015 $2,830 $299,100 $299,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116491

Outer Banks Association of REALTORS®

APN: 087A-004-0002-0002