NOT LISTED FOR SALE

24143 Ocean Dr S Rodanthe, NC 27968

Rodanthe Neighborhood

Estimated Value: $589,000 - $795,104

4 Beds
3 Baths
2,424 Sq Ft
$268/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $675,000 $278 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,686/month

40 Days on Market

Highlights

  • Beach Front
  • Coastal Architecture
  • Hydromassage or Jetted Bathtub
  • Ocean View
  • Cathedral Ceiling
  • Furnished

About This Home

As of November 2021

THIS PROPERTY IS A RENTAL POWERHOUSE!! If you are looking for the perfect vacation home/investment opportunity, look no further than "Mermaid's Tears"!! This beautifully maintained and decorated 4 bedroom/3 full bath oceanfront stunner is perfectly located just steps from the beach and within minutes of all the shopping, dining and entertainment that the tri-villages have to offer! This amazing home is currently rented as a VRBO to rave reviews and boasts a ROI of more than 18% with more than $134K already on the books for 2021 and more than $52K already booked for 2022!! And no wonder.....the stunning ocean and sound views will take your breath away while the amenities abound...beach access; foot washing station; outdoor shower; LARGE bedrooms; sun decks; covered decks; screened porch; a top floor with cathedral ceilings and floor to ceiling windows; master suite with jetted tub; roomy kitchen with unique tile countertops; welcoming, open foyer; and views, views, VIEWS!! This one needs to be seen to be believed. Don't be left crying because you missed "Mermaid's Tears"...come and visit today!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 06/23/2021

Last Buyer's Agent

Hugh Willey

Sun Realty - KDH License #238260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,118

Year Built

  • Built in 1989

Lot Details

  • 5,000 Sq Ft Lot
  • Beach Front
  • Level Lot

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 2,424 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Screened Porch

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Trade Winds Bch Subdivision

Listing and Financial Details

  • Tax Lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,118

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Jet Tub, Outside Lighting, Outside Shower, Screened Porch, Sun Deck
  • Flood Zone: AO, VE
  • Subdivision Name: Trade Winds Beaches
  • Headline: ROI OF MORE THAN 18%!!!
  • Heated Sq Ft: 2424
  • L V T Date: 06/23/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0419
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C0569
  • 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, Washer
  • Bedrooms: 4
  • Floor Coverings: Ceramic Tile, Vinyl, Plank
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Ensuite
  • Optional Rooms: Foyer

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Garage/Parking

  • Parking: Off Street, Under

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 5000
  • Lot Description: Beach Frontage, Level
  • Lot Number: Lot 4
  • Estimated Lot Size: 0.11
  • Deed Book: 1867

Rental Info

  • Est Annual Rental Income: 119054
  • Estimated Rental Performance: 0.1764
  • Lease Terms: Variable
  • Rental Co: VRBO
  • Rental Cottage Name: Mermaid's Tears
  • Rental Cottage Number: #426760
  • Rental Contact Email: https://www.vrbo.com/426760
  • Rental Contact Name: https://www.vrbo.com/426760

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2020
  • Taxes: 3117.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Nov 17, 2021
Sold by
Henson Frank L and Henson Beverly S
Bought by
Storey Matthew A
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Hugh Willey
Sun Realty - KDH
List Price
$650,000
Sold Price
$675,000
Premium/Discount to List
$25,000
3.85%
Current Estimated Value
$650,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,974
Avg. Annual Appreciation
-0.89%
Original Mortgage
$540,000
Outstanding Balance
$496,891
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$155,393

Purchase Details

Closed on
May 13, 2011
Sold by
Wells Fargo Bank Na
Bought by
Henson Frank L and Henson Beverly S

Purchase Details

Closed on
Sep 30, 2010
Sold by
Maris Gyongyi
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 20, 2006
Sold by
Moye Michael G and Moye Rose J
Bought by
Maris Gyongyi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Storey Matthew A $675,000 None Available
Henson Frank L $252,000 None Available
Wells Fargo Bank Na $552,500 None Available
Maris Gyongyi $640,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Storey Matthew A $540,000
Previous Owner Maris Gyongyi $512,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2021 11/18/21 Sold $675,000 +3.8% $278 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/25/2021 07/25/21 For Sale $650,000 0.0% $268 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $650,000 0.0% $268 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $650,000 -- $268 / 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 $2,659 $404,800 $21,400 $383,400
2023 $2,575 $420,136 $21,400 $398,736
2022 $2,533 $420,136 $21,400 $398,736
2021 $3,114 $525,364 $42,700 $482,664
2020 $3,107 $525,364 $42,700 $482,664
2019 $2,896 $402,900 $62,800 $340,100
2018 $2,596 $367,500 $188,400 $179,100
2017 $2,596 $367,500 $188,400 $179,100
2016 $2,446 $367,500 $188,400 $179,100
2014 $2,446 $367,500 $188,400 $179,100
Source: Public Records

Agents Affiliated with this Home

  • Trisha Midgett

    Seller's Agent in 2021

    Trisha Midgett

    Midgett Realty - Rodanthe

    (252) 996-0124

    164 in this area

    1,257 Total Sales

    Trisha Midgett
    Section Image
  • Hugh Willey

    Buyer's Agent in 2021

    Hugh Willey

    Sun Realty - KDH

    (252) 489-8491

    2 in this area

    78 Total Sales

    Hugh Willey
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114938

Outer Banks Association of REALTORS®

APN: 012745000

North Carolina Dare County Rodanthe 27959 Rodanthe

24143 Ocean Dr S, Rodanthe, NC

This home is located at 24143 Ocean Dr S, Rodanthe, NC 27968 since 23 June 2021 and is currently estimated at $650,026, approximately $268 per square foot. This property was built in 1989. 24143 Ocean Dr S is a home located in Dare County with nearby schools including Cape Hatteras Elementary School and Cape Hatteras Secondary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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