NOT LISTED FOR SALE

22066 Sixteenth of August Stree Rodanthe, NC 27968

Rodanthe Neighborhood

Estimated Value: $796,367 - $1,075,000

6 Beds
5.5 Baths
2,780 Sq Ft
$323/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $525,000 $189 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,228/month

314 Days on Market

Highlights

  • Community Beach Access
  • Indoor Pool
  • 0.55 Acre Lot
  • Ocean View
  • Tennis Courts
  • Second Refrigerator

About This Home

As of April 2021

Just one lot back from the oceanfront, and the views stretch for miles. The south side vacant lot can't be built on so your "elbow room" is protected! Land on the ground floor, in the game room, then walk out to the pool, hot tub and decks. There is a bunk room on this level as well as the laundry room. The first floor offers 4 bedrooms with views from each! The king master has a private ocean side deck. A large deck offers private access for two bedrooms on this floor, leading down to the pool. The second floor or top level really shows off the location, step out and walk around the expansive deck. And winner enjoys the top floor king master's private deck! The kitchen, dinning, living area and loft on this floor keeps the whole family happy!

Last Agent to Sell the Property

Deanna B. Dorman

Surf or Sound Realty - Rodanthe License #202189 Listed on: 03/17/2020

Last Buyer's Agent

Deanna B. Dorman

Surf or Sound Realty - Rodanthe License #202189 Listed on: 03/17/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,964

Year Built

  • Built in 1999

Lot Details

  • 0.55 Acre Lot
  • Property is zoned S-1

HOA Fees

  • $71 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 2,780 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Loft
  • Game Room
  • Dryer

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • Indoor Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Tennis Courts
  • 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 #7

Community Details

Overview

  • Tom Kligge Association
  • Mirlo Beach Subdivision

Amenities

  • Common Area

Recreation

  • Community Beach Access
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,964

Year Built

Built in 1999

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Covered Decks, Hot Tub, Outdoor Tennis, Outside Lighting, Outside Shower, Dry Entry
  • Flood Zone: AE
  • Subdivision Name: Mirlo Beach Section 3
  • Headline: BEAUTIFUL LOCATION
  • Heated Sq Ft: 2780
  • L V T Date: 03/18/2020
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: S-1
  • Deed Book Pg Number: 138
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7816
  • 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 w/Ice Maker, 2nd Refrigerator
  • Bedrooms: 6
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Wet Bar
  • Optional Rooms: Game Room, Loft
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Indoor, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound, Salt Marsh

Garage/Parking

  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 850
  • Hoa Contact: Tom Kligge
  • HOA Contact: tdkligge@gmail.com

Lot Info

  • Estimated Lot Sq Ft: 24000
  • Lot Number: Lot#7
  • Estimated Lot Size: 0.55
  • Deed Book: 1874

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Skipper's Gig
  • Rental Cottage Number: 584
  • Rental Phone Number: 252-981-1444

Building Info

  • Year Built: 1999

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2019
  • Taxes: 2964.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2020
Closed on
Mar 29, 2021
Sold by
Timbermill Associates Llc
Bought by
Franchi Michael R
Seller's Agent
Deanna B. Dorman
Surf or Sound Realty - Rodanthe
Buyer's Agent
Deanna B. Dorman
Surf or Sound Realty - Rodanthe
List Price
$529,000
Sold Price
$525,000
Premium/Discount to List
-$4,000
-0.76%
Current Estimated Value
$896,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,842
Avg. Annual Appreciation
10.67%
Original Mortgage
$472,000
Outstanding Balance
$425,723
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$393,667

Purchase Details

Closed on
Jul 2, 2011
Sold by
Brennan Harold and Brennan Anne M
Bought by
Timbermill Associates Llc

Purchase Details

Closed on
Oct 6, 2010
Sold by
Brennan Harold and Brennan Anne M
Bought by
Brennan Harold and Brennan Anne M
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
Franchi Michael R $525,000 None Available
Timbermill Associates Llc -- None Available
Brennan Harold -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franchi Michael R $472,000
Previous Owner Brennan Harold $135,000
Previous Owner Brennan Harold $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $525,000 -0.8% $189 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $529,000 0.0% $190 / Sq Ft
12/24/2020 12/24/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $529,000 +0.8% $190 / Sq Ft
09/16/2020 09/16/20 Off Market $525,000 -- --
05/08/2020 05/08/20 For Sale $529,000 +0.8% $190 / Sq Ft
04/27/2020 04/27/20 Off Market $525,000 -- --
03/17/2020 03/17/20 For Sale $529,000 -- $190 / 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 $3,245 $496,100 $79,200 $416,900
2023 $3,142 $512,776 $79,200 $433,576
2022 $3,091 $512,776 $79,200 $433,576
2021 $3,050 $512,776 $79,200 $433,576
2020 $3,033 $512,776 $79,200 $433,576
2019 $3,078 $429,800 $99,800 $330,000
2018 $3,078 $429,800 $99,800 $330,000
2017 $3,077 $429,700 $99,800 $329,900
2016 $2,899 $429,700 $99,800 $329,900
2014 $2,899 $429,700 $99,800 $329,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108796

Outer Banks Association of REALTORS®

APN: 012458307