NOT LISTED FOR SALE

Estimated Value: $906,000 - $1,058,000

6 Beds
6.5 Baths
3,966 Sq Ft
$252/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $580,000 $146 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,602/month

70 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Coastal Architecture
  • Beach Access
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of June 2020

This is one you have to see!! If you are looking for the perfect vacation home or investment property, "Water's Lure" is the home you are looking for. This 6 bedroom, 6 full and one half bath beauty is located just 3 lots away from the famous Rodanthe pier...just steps from the beach. On your return from the beach, you can use one of your TWO outdoor showers before hitting your private pool and hot tub, or take advantage of the sound side water sport opportunities just steps to your west. Inside, this home offer amenities galore - incredible ocean and sound views; cathedral ceilings; kitchen with double refrigerators and double dishwashers; elevator; wine cooler, game room with a wet bar equipped with a full frig, microwave and dishwasher; and FIVE king masters!! No wonder this home is such an incredible rental performer with rents consistently in excess of $70K and ROI of more than 13%!! Don't let this one get away. Come and visit! Let the ocean lure you to "Water's Lure" today!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 02/06/2020

Last Buyer's Agent

Darcey Renfrow

Coldwell Banker Seaside Realty KH License #299799

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,949

Year Built

  • Built in 2006

Lot Details

  • 0.38 Acre Lot
  • Level Lot

HOA Fees

  • $83 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Asphalt Shingled Roof
  • Modular or Manufactured Materials
  • Piling Construction

Interior Spaces

  • 3,966 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Game Room

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Wine Cooler
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

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

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • 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

  • Association fees include grounds maintenance, road maintenance
  • Sterling Parker Association, Phone Number (252) 441-7860
  • Estates At Hatteras Island Subdivision

Listing and Financial Details

  • Tax Lot 28

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,949

Year Built

Built in 2006

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Outside Lighting, Outside Shower, Sun Deck, Dry Entry
  • Flood Zone: AE
  • Subdivision Name: Estates at Hatteras Island Resort
  • Heated Sq Ft: 3966
  • L V T Date: 02/06/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: Res
  • Advertised Income 2020: 71410
  • Deed Book Pg Number: 0407
  • 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, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
  • Bedrooms: 6
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ensuite, Some Windows Treated, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Modular (Pre-Fab)
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance, Road Maintenance
  • Association Fee: Yes
  • Estimated Annual Fee: 1000
  • Hoa Contact: Sterling Parker
  • HOA Contact: 252-441-7860

Lot Info

  • Estimated Lot Sq Ft: 16500
  • Lot Description: Level
  • Lot Number: Lot 28
  • Estimated Lot Size: 0.38
  • Deed Book: 1932

Rental Info

  • Est Annual Rental Income: 78385
  • Estimated Rental Performance: 0.1351
  • Lease Terms: Weekly
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Water's Lure
  • Rental Cottage Number: 617
  • Rental Turnover Day: Saturday
  • Rental Contact Email: lisal@surforsound.com
  • Rental Contact Name: Lisa Latham
  • Rental Contact Phone: 252-987-1444

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2019
  • Taxes: 3948.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2020
Closed on
Jun 5, 2020
Sold by
Turnelle Brad and Turnelle Vivian
Bought by
Shafqat Syed Imran and Shafqat Barbara Ann
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Darcey Renfrow
Coldwell Banker Seaside Realty KH
List Price
$599,000
Sold Price
$580,000
Premium/Discount to List
-$19,000
-3.17%
Current Estimated Value
$1,000,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,182
Avg. Annual Appreciation
10.96%
Original Mortgage
$464,000
Outstanding Balance
$331,655
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$668,527

Purchase Details

Listed on
Aug 15, 2012
Closed on
Jun 14, 2013
Sold by
Flotron Leo F and Flotron Constance
Bought by
Turnelle Brad and Turnelle Vivian
Seller's Agent
Robert Godley
Kitty Hawk Land Company
Buyer's Agent
Bette Gray
Default, Office
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.15%
Original Mortgage
$375,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2006
Sold by
Kitty Hawk Ventures Llc
Bought by
Florton Leo F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7%
Mortgage Type
Construction
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
Shafqat Syed Imran $580,000 None Available
Turnelle Brad $500,000 None Available
Florton Leo F $575,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shafqat Syed Imran $464,000
Previous Owner Turnelle Brad $375,000
Previous Owner Flotron Leo F $200,000
Previous Owner Florton Leo F $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $580,000 -3.2% $146 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $599,000 0.0% $151 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $599,000 +19.8% $151 / Sq Ft
06/14/2013 06/14/13 Sold $500,000 -8.9% $129 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
08/15/2012 08/15/12 For Sale $549,000 -- $141 / 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 $964 $590,800 $130,800 $460,000
2023 $3,733 $609,200 $130,800 $478,400
2022 $3,672 $609,200 $130,800 $478,400
2021 $3,622 $609,200 $130,800 $478,400
2020 $3,934 $694,896 $130,800 $564,096
2019 $3,934 $548,800 $117,300 $431,500
2018 $3,934 $548,800 $117,300 $431,500
2017 $3,949 $548,800 $117,300 $431,500
2016 $3,706 $548,800 $117,300 $431,500
2014 $3,706 $548,800 $117,300 $431,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108186

Outer Banks Association of REALTORS®

APN: 031192000