NOT LISTED FOR SALE

Estimated Value: $501,220 - $563,000

3 Beds
2.5 Baths
1,420 Sq Ft
$370/Sq Ft Est. Value

Last Sold September 13, 2012

Last sale price $215,000 $151 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $2,962/month

41 Days on Market

Highlights

  • Boat Dock
  • Gated Community
  • Wood Flooring
  • First Flight Middle School Rated A-
  • Traditional Architecture
  • Attic

About This Home

As of September 2012

This beautiful 3 bedroom 2.5 bath home is nicely landscaped in the desirable waterfront subdivision of Watersedge. The expansive saltmarsh views from the back give the feeling of privacy while the community pool and marina form the center for an active and friendly neighborhood. Ceramic tile, hardwood and carpet throughout along with lots of windows give an open and airy feeling. Off the beaten path but just minutes from the beach, this is a perfect home or home away from home. The price makes this a GREAT INVESTMENT!!!

Last Agent to Sell the Property

Alex Argiroff

Keller Williams - Outer Banks License #176145 Listed on: 05/27/2012

Keller Williams - Outer Banks

Last Buyer's Agent

Kent Copeland

Coldwell Banker Seaside Realty KH License #185671

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,237

Year Built

  • Built in 1998

Lot Details

  • Property fronts a private road
  • Landscaped
  • Level Lot

HOA Fees

  • $43 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Traditional Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,420 Sq Ft Home
  • Window Treatments
  • Workshop
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Oven or Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Sun Deck

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 56 / Lot 56

Community Details

Overview

  • Association fees include common electric, common insurance, pool, road maintenance
  • Waters Edge Kdh Subdivision

Recreation

  • Boat Dock
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,237

Year Built

Built in 1998

Lot Details

0

HOA Fees

$43 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Traditional
  • Directions: West on Colington Road off of Bypass to Watersedge subdivision on left. House on the right.
  • Extras: Landscaped, Sun Deck
  • Flood Zone: AE
  • Headline: Great Price for Watersedge!
  • Heated Sq Ft: 1420
  • Potential Short Sale: Yes
  • Primary Residence: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: Sec B
  • Unheated Lvarsf: 155
  • Zoning: Residentia
  • Deed Book Pg Number: 0247
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 2
  • Interior Amenities: All Window Treatments, Attic, Dryer Connection, Ensuite, Washer Connection
  • Optional Rooms: Workshop
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle
  • View: Salt Marsh

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Pool, Road Maintenance
  • Association Amenities: Boat Ramp, Boat Dock, Gated Community, Outdoor-Comm. Pool, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 520

Lot Info

  • Lot Description: Adj to Park Serv./Preserv, Level
  • Lot Faces: E
  • Lot Size: 15000 sf
  • Lot Number: Lot 56
  • Deed Book: 1571

Building Info

  • Year Built: 1998

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 1237

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2012
Closed on
Sep 13, 2012
Sold by
Depedro Brian K and Depedro Denise E
Bought by
Branch John R and Branch Terri E
Seller's Agent
Alex Argiroff
Keller Williams - Outer Banks
Buyer's Agent
Kent Copeland
Coldwell Banker Seaside Realty KH
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Current Estimated Value
$524,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,805
Avg. Annual Appreciation
6.93%
Original Mortgage
$172,000
Outstanding Balance
$27,604
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$497,201
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
Branch John R $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Branch John R $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2012 09/13/12 Sold $215,000 -4.4% $151 / Sq Ft
07/07/2012 07/07/12 Pending -- -- --
05/27/2012 05/27/12 For Sale $225,000 -- $158 / 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
2025 $2,090 $479,900 $189,900 $290,000
2024 $1,811 $289,700 $84,400 $205,300
2023 $1,811 $289,700 $84,400 $205,300
2022 $1,782 $289,700 $84,400 $205,300
2021 $1,753 $289,700 $84,400 $205,300
2020 $1,749 $289,700 $84,400 $205,300
2019 $1,574 $221,000 $80,300 $140,700
2018 $1,574 $221,000 $80,300 $140,700
2017 $1,574 $221,000 $80,300 $140,700
2016 $1,485 $221,000 $80,300 $140,700
2014 $1,441 $221,000 $80,300 $140,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 75044

Outer Banks Association of REALTORS®

APN: 030715000