NOT LISTED FOR SALE

Estimated Value: $408,000 - $510,000

3 Beds
1.5 Baths
920 Sq Ft
$505/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $415,000 $451 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,711/month

13 Days on Market

Highlights

  • Ocean View
  • Beach Box Architecture
  • Quartz Countertops
  • Beach Access
  • Furnished
  • Covered Deck

About This Home

As of November 2022

SWEET COTTAGE WITH SWEET VIEWS at the most Adorable Rodanthe Cottage named SWEET WATER! Just three lots off the ocean, this Sunny, Cozy & Bright 3 bedroom, 1.5 bath home has been overly loved & well-cared for. Sellers have never stopped updating their cottage! Spacious open floor plan with Luxury Vinyl Tile running throughout the Living, Kitchen and Halls. Great room has the the best picture window with incredible unobstructed ocean-views! Great for waking up and knowing whether you need to take your surf board to the beach. Kitchen with all new Stainless appliances and Quartz countertops. Three beautifully decorated bedrooms with a coastal theme. Washer/Dryer in hall laundry closet. Outdoor shower, storage room and carport. This home has a New Roof, large double cement driveway, New HVAC two years, Hardy Board on the outside, New Composite outside deck. New living room furniture this year. Windows were replaced on the Oceanside with Hurricane Force Protection. Fabulous Ocean Views with Amazing Sunrises from the sun deck & covered decks. You will love this home!

Last Agent to Sell the Property

Alex Argiroff

Keller Williams - Outer Banks License #176145 Listed on: 09/28/2022

Keller Williams - Outer Banks

Co-Listed By

Kathleen Argiroff

Keller Williams - Outer Banks License #216690

Last Buyer's Agent

Kristine Bergin

Pirates Cove Realty License #302933

Pirates Cove Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,210

Year Built

  • Built in 1977

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 90 x 112
  • Level Lot
  • Unpaved Streets
  • Property is zoned S-1

Parking

  • Tuck Under Parking

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 920 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Beach Access
  • Covered Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • East Point Reef Subdivision

Listing and Financial Details

  • Tax Lot #10

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,210

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: Coming off the Jug Handle bridge, go around the circle and make a right on E. Point Rd, house on the right.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks
  • Flood Zone: X
  • Subdivision Name: East Point Reef
  • Headline: ADORABLE COTTAGE & SWEET VIEWS
  • Heated Sq Ft: 920
  • L V T Date: 09/28/2022
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: S-1
  • Advertised Income 2022: 31096
  • Deed Book Pg Number: 0266
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker
  • Bedrooms: 3
  • Countertops: Quartz
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Luxury Vinyl Plank
  • Foundation: Piling
  • Full Bathrooms: 1
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Under

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 1170

Lot Info

  • Estimated Lot Sq Ft: 10000
  • Lot Description: Level
  • Lot Size: 90 X 112
  • Lot Number: Lot #10
  • Estimated Lot Size: 0.23
  • Deed Book: 2099

Rental Info

  • Est Annual Rental Income: 65000
  • Estimated Rental Performance: 0.1566
  • Lease Terms: Weekly
  • Rental Co: VRBO
  • Rental Cottage Name: SWEET WATER
  • Rental Turnover Day: Sunday
  • Annual Cable TV Expense: 2261
  • Annual Electric: 1456
  • Annual Water Expense: 420

Building Info

  • Year Built: 1977

Tax Info

  • Year: 2022
  • Taxes: 1209.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Nov 14, 2022
Sold by
Williams David L and Williams Lori V
Bought by
Obx Shore Shack Llc
Seller's Agent
Alex Argiroff
Keller Williams - Outer Banks
Buyer's Agent
Kristine Bergin
Pirates Cove Realty
List Price
$389,000
Sold Price
$415,000
Premium/Discount to List
$26,000
6.68%
Total Days on Market
13
Current Estimated Value
$464,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,457
Avg. Annual Appreciation
4.39%

Purchase Details

Closed on
Nov 18, 2011
Sold by
Haynes Steven G and Haynes Carol W
Bought by
Williams David L and Williams Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.17%
Mortgage Type
New Conventional
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
Obx Shore Shack Llc $415,000 --
Williams David L $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams David L $120,000
Previous Owner Haynes Steven G $293,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $415,000 +6.7% $451 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $389,000 0.0% $423 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $389,000 -- $423 / 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 $1,238 $195,700 $71,500 $124,200
2023 $784 $195,700 $71,500 $124,200
2022 $1,210 $200,668 $71,500 $129,168
2021 $1,190 $200,668 $71,500 $129,168
2020 $1,187 $200,668 $71,500 $129,168
2019 $1,023 $144,700 $73,200 $71,500
2018 $1,010 $143,000 $73,200 $69,800
2017 $1,010 $143,000 $73,200 $69,800
2016 $952 $143,000 $73,200 $69,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120445

Outer Banks Association of REALTORS®

APN: 012500000