NOT LISTED FOR SALE

23176 Pappy Ln Rodanthe, NC 27968

Estimated Value: $657,000 - $813,554

6 Beds
6 Baths
3,298 Sq Ft
$225/Sq Ft Est. Value

Sale Details

Date Sold: November 25, 2022

Last sale price $587,600 $178 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,223 / mo

40 Days on Market

Highlights

  • Private Waterfront
  • Living Room with Fireplace
  • No HOA
  • 0.68 Acre Lot
  • Traditional Architecture
  • Wet Bar

About This Home

As of November 2022

Beach House Being sold by NCDOT. Is on Sound Side of Outer Banks/Rodanthe. Needs some repair. No Tax Rate since State owned, that will change. Great Opp to invest! Buyer responsible for all due diligence. Lot size can not be guaranteed GIS# 064920913616 NCDOT# 244517. This is an Auction. Buyer premium is 10% in addition to purchase $. Please let it be known that the NCDOT can unilaterally back out of the sale of the property at any time up until the deed has been recorded.

Last Agent to Sell the Property

Jamie Dawson

ASPIRE REAL ESTATE AND DEVELOP License #211449 Listed on: 06/29/2022

Last Buyer's Agent

No Idx

Default Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 29,621 Sq Ft Lot
  • Private Waterfront
  • 100 Feet of Waterfront
  • Home fronts a sound
  • Property fronts a private road

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Vinyl Siding

Interior Spaces

  • 3,298 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Living Room with Fireplace
  • Water Views

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 2 Carport Spaces
  • Private Driveway

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Auction

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

0.68 Acres

Listing Details

  • Year Built: 1967
  • Prop. Type: Residential
  • Road Frontage Type: Sound
  • Road Frontage Type: Private Road
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 3298.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi/Split, Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Architectural Style Traditional: Yes
  • Flooring Vinyl: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Beach House Being sold by NCDOT. Is on Sound Side of Outer Banks/Rodanthe. Needs some repair. No Tax Rate since State owned, that will change. Great Opp to invest! Buyer responsible for all due diligence. Lot size can not be guaranteed GIS# 064920913616 NCDOT# 244517. This is an Auction. Buyer premium is 10% in addition to purchase $. Please let it be known that the NCDOT can unilaterally back out of the sale of the property at any time up until the deed has been recorded visit www.carolinalandexperts.com
  • Levels Three Or More: Yes
  • Levels MultiSplit: Yes
  • Property Condition Fixer: Yes
  • General Property Information Water Frontage Length2: 100.0
  • Waterfront Access Private Ownership: Yes
  • Lot Water Features Water View: Yes
  • General Property Information Above Grade Finished Area: 3298.0
  • General Property Information Carport YN: No
  • Special Listing Conditions Auction: Yes
  • Foundation Details PillarPostPier: Yes
  • General Property Information Carport Spaces2: 2.0
  • General Property Information Lot Size Square Feet2: 29620.8
  • General Property Information Lot Size Acres: 0.68
  • Frontage Type Sound: Yes
  • General Property Information:Living Area3: 3298.0
  • Special Features: 4160
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Wet Bar
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Living Room
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Water Body Name: To Be Added
  • Acres: 0.68
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Foundation Details: Pillar/Post/Pier, Other
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Concrete, Driveway
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Carport: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Dimensions: 0
  • Lot Size Sq Ft: 29620.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2023
Sold by
Okafor Onochie and Okafor Edith
Bought by
Kafono Llc
Current Estimated Value
$742,389

Purchase Details

Listed on
Jun 29, 2022
Closed on
Nov 7, 2022
Sold by
Department Of Transportation
Bought by
Okafor Onochie and Okafor Edith
Seller's Agent
Jamie Dawson
ASPIRE REAL ESTATE AND DEVELOP
Buyer's Agent
No Idx
Default Office
List Price
$530,000
Sold Price
$587,600
Premium/Discount to List
$57,600
10.87%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$470,080
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kafono Llc -- None Listed On Document
Okafor Onochie $587,600 --
Okafor Onochie $587,600 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Okafor Onochie $470,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2023 12/14/23 Off Market $587,600 -- --
11/25/2022 11/25/22 Sold $587,600 +10.9% $178 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $530,000 +60.1% $161 / Sq Ft
06/27/2014 06/27/14 Sold $331,000 +1.8% $100 / Sq Ft View Prior Sale
06/15/2014 06/15/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $325,000 -- $99 / Sq Ft
Source: Doorify MLS

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
2025 $3,769 $873,300 $269,300 $604,000
2024 $3,975 $628,200 $198,800 $429,400
2023 $3,850 $628,200 $198,800 $429,400
2022 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2459125

Doorify MLS

APN: 012471007

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