$589,000
SOLD AUG 2, 2019
4 Beds
3 Baths
2,110 Sq Ft
8,000 Sq Ft Lot

Recently Sold

$279 Per Sq Ft

43 Days on Market

Highlights

  • Beach Front
  • Heated In Ground Pool
  • Cathedral Ceiling
  • Ocean View
  • Coastal Architecture
  • Wood Flooring

About This Home

As of July 2021

Beautiful oceanfront with strong rental performance; this home generated over $88,000 in rental income in 2018 and is well on its way to producing similar figures for 2019. This home is very well cared and it shows. Designed with views in mind; the kitchen, dining and great room are located on top level. Enjoy quality time with the family while taking in the sights and sounds of the ocean right in your backyard; you'll have a front row seat to amazing sunrises and dolphins playing amongst the waves. Additionally, this home has the convenience of a private boardwalk which makes getting to the beach a breeze. There is fun for the whole family; whether it's a game of shuffleboard in the recreation room, refreshing dip in the private pool or a soak in the 6 person hot tub at the end of the day; this home is sure to please.

Last Agent to Sell the Property

Rob Petty

Outer Banks Home Group License #224417 Listed on: 05/13/2019

Co-Listed By

Lisa Hux

Surf or Sound Realty - Rodanthe License #288095

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,868

Year Built

  • Built in 2002

Lot Details

  • 8,000 Sq Ft Lot
  • Beach Front
  • Property is zoned S-1

Home Design

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

Interior Spaces

  • 2,110 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private or Community Septic Tank

Community Details

  • Trade Winds Bch Subdivision

Listing and Financial Details

  • Tax Lot # 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,868

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: From NC HWY 12, turn onto Trade Winds Drive, left onto Seashore, then right on Ocean Drive, go south to cul-de-sac
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: VE
  • Headline: Oceanfront Rental Machine
  • Heated Sq Ft: 2110
  • L V T Date: 05/13/2019
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: S-1
  • Deed Book Pg Number: 0392
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7816
  • 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
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Ensuite, Some Windows Treated, Wet Bar
  • Optional Rooms: Game Room

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 3814

Lot Info

  • Estimated Lot Sq Ft: 8000
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Faces: E
  • Lot Number: Lot# 12
  • Estimated Lot Size: 0.18
  • Deed Book: 1504

Rental Info

  • Est Annual Rental Income: 88645
  • Estimated Rental Performance: 0.1505
  • Flood Expenses: 818
  • Lease Terms: Weekly
  • Maintenance Expenses: 719
  • Other Expenses: 460
  • Other Insurance Expenses: 343
  • Poolspa Expense: 3170
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Heads Above
  • Rental Cottage Number: 376
  • Rental Phone Number: 252-987-1444
  • Rental Turnover Day: Sunday
  • Annual Cable TV Expense: 1368
  • Annual Electric: 4589
  • Annual Water Expense: 572
  • Rental Contact Email: dana@surforsound.com
  • Rental Contact Name: Dana Wells, Office Manager, Surf or Sound Realty
  • Rental Contact Phone: 252-987-1444 x105

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2018
  • Taxes: 2868.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jul 20, 2021
Sold by
Marchigiani Rafaele J and Marchigiani Michelle R
Bought by
West Darren T and West Claudia A
Seller's Agent
Misty Gillikin
ROG OBX, Inc
Buyer's Agent
Rebecca Conley
ROG OBX, Inc
List Price
$600,000
Sold Price
$580,000
Premium/Discount to List
-$20,000
-3.33%
Current Estimated Value
$728,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,320
Avg. Annual Appreciation
6.08%
Original Mortgage
$522,000
Outstanding Balance
$478,123
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$255,815

Purchase Details

Listed on
May 13, 2019
Closed on
Jul 30, 2019
Sold by
Bullard David C and Kahoe Vivian A
Bought by
Marchigiani Raffaele J and Marchigiani Michelle M
Seller's Agent
Rob Petty
Outer Banks Home Group
List Price
$589,000
Sold Price
$589,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.78%
Original Mortgage
$471,200
Interest Rate
3.7%
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 Type Sale Price Title Company
Warranty Deed $580,000 None Available
Warranty Deed $589,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $522,000 New Conventional
Previous Owner $471,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2021 07/22/21 Sold $580,000 -3.3% $275 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $600,000 +1.9% $284 / Sq Ft
08/02/2019 08/02/19 Sold $589,000 0.0% $279 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $589,000 -- $279 / 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 $2,531 $384,200 $25,200 $359,000
2023 $2,442 $398,560 $25,200 $373,360
2022 $2,403 $398,560 $25,200 $373,360
2021 $3,594 $604,736 $226,800 $377,936
2020 $3,576 $604,736 $226,800 $377,936
2018 $2,868 $404,000 $188,400 $215,600
2017 $2,861 $404,000 $188,400 $215,600
2016 $2,695 $404,000 $188,400 $215,600
2014 $2,702 $404,000 $188,400 $215,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 105145

Outer Banks Association of REALTORS®

APN: 012753000