NOT LISTED FOR SALE

24248 S Shore Dr Rodanthe, NC 27968

Rodanthe Neighborhood

Estimated Value: $1,035,000 - $1,189,000

5 Beds
4.5 Baths
3,498 Sq Ft
$319/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $715,000 $204 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,585/month

156 Days on Market

Highlights

  • Beach Front
  • Spa
  • Coastal Architecture
  • Ocean View
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of March 2023

If you are looking for the perfect investment property or vacation home, you MUST come see "Mermaid's Song"!! This 5 bedroom, 4 full and 1 half bath oceanfront hone in Rodanthe has everything you need...and more!! The ground level has ample storage for all your beach and fishing gear, so you and your guests can grab it and hit the beach at a moment's notice. The first level boasts three spacious bedrooms, a laundry area, a kitchenette with full refrigerator, wine cooler, microwave and 2-burner cooktop and a large shaded wraparound deck. You will LOVE the open floorplan on the second floor featuring an elevated kitchen with upscale appliances, granite countertops and wet bar, breakfast bar, and large dining area as well as an additional half bath. This level also boasts a queen master suite with double closets, a screened porch, covered deck and hot tub and gorgeous ocean views. Upstairs, the top level balcony overlooks the living area and offers even MORE incredible ocean views!! This level also offers a king master bedroom, a game room with a pyramid bunk set and two cozy nooks (each with a daybed!) which can be closed off for quiet reading or a cozy afternoon nap. You can spend your days with your toes in the sand directly in front of your house accessed via the community boardwalk or stroll to the Rodanthe Fishing Pier - all within minutes of all the shopping, dining and entertainment that the tri-villages have to offer!! No wonder that this property is such a solid rental performer with more than $101K in rents for 2021, more than $54K on the books for 2022 in spite of a VERY limited rental calendar and more than $25K already on the books for 2023!! Don't delay...come and answer the "Mermaid's Song",,,visit today!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 08/09/2022

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 08/09/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,565

Year Built

  • Built in 1991

Lot Details

  • 0.45 Acre Lot
  • Beach Front
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot
  • Property is zoned S-1

Home Design

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

Interior Spaces

  • 3,498 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Library
  • Loft
  • Game Room
  • Screened Porch
  • Ocean Views

Kitchen

  • Oven or Range
  • <<microwave>>
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

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

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
  • Private or Community Septic Tank

Community Details

  • South Shore Subdivision

Listing and Financial Details

  • Tax Lot 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,565

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Screened Porch, Sun Deck
  • Flood Zone: Shaded X
  • Subdivision Name: South Shore Phase 1
  • Heated Sq Ft: 3498
  • L V T Date: 08/09/2022
  • Phase: 1
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: S-1
  • Advertised Income 2021: 101332
  • Advertised Income 2022: 54906
  • Deed Book Pg Number: 0081
  • 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 Refrigerator, Wine Cooler
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Ensuite, Wet Bar, 1st Flr Ensuite
  • Optional Rooms: Game Room, Library/Study, Loft
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

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

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 19500
  • Lot Description: Beach Frontage, Cul-de-sac, Level, Water Frontage
  • Lot Number: Lot 12
  • Estimated Lot Size: 0.45
  • Deed Book: 2402

Rental Info

  • Est Annual Rental Income: 118888
  • Estimated Rental Performance: 0.1663
  • Lease Terms: Weekly
  • Rental Co: Midgett Realty
  • Rental Cottage Name: Mermaid's Song
  • Rental Cottage Number: RP112
  • Rental Turnover Day: Sunday
  • Rental Contact Email: jennyh@midgettrealty.com
  • Rental Contact Name: Jenny Hooper

Building Info

  • Year Built: 1991

Tax Info

  • Year: 2021
  • Taxes: 4565.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2022
Closed on
Mar 1, 2023
Sold by
Oneill Brian K and Oneill Natalie S
Bought by
Huddleston Jeffrey
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$899,000
Sold Price
$715,000
Premium/Discount to List
-$184,000
-20.47%
Views
15
Current Estimated Value
$1,116,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,804
Avg. Annual Appreciation
21.71%
Original Mortgage
$406,351
Outstanding Balance
$395,372
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$721,432

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jul 10, 2020
Sold by
Feeser Richard T and Feeser Barbara
Bought by
Oneill Brian K and Oneill Natalie S
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trafton Reynolds
NC 12 Realty
List Price
$725,000
Sold Price
$695,000
Premium/Discount to List
-$30,000
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.09%
Original Mortgage
$340,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2010
Sold by
Bank Of America National Association
Bought by
Freeser Richard Thomas and Freeser Barbara Harwood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 14, 2009
Sold by
Mckanry William C and Mckanry Julie L
Bought by
Bank Of America National Association
Source: Public Records

Range of Values:

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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
Huddleston Jeffrey $4,290,000 --
Oneill Brian K $695,000 None Available
Freeser Richard Thomas $500,000 None Available
Bank Of America National Association $1,083,430 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huddleston Jeffrey $406,351
Previous Owner Oneill Brian K $340,000
Previous Owner Feeser Richard $417,000
Previous Owner Freeser Richard Thomas $400,000
Previous Owner Mckanry William C $999,999
Previous Owner Mckanry William C $144,000
Previous Owner Mckanry William C $999,999
Previous Owner Mckanry William C $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $715,000 -10.5% $204 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
09/15/2022 09/15/22 Price Changed $799,000 -11.1% $228 / Sq Ft
08/09/2022 08/09/22 For Sale $899,000 +29.4% $257 / Sq Ft
08/13/2020 08/13/20 Sold $695,000 -4.1% $199 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $725,000 -- $207 / 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 $4,792 $736,900 $273,000 $463,900
2023 $4,629 $755,456 $273,000 $482,456
2022 $4,554 $755,456 $273,000 $482,456
2021 $4,489 $755,456 $273,000 $482,456
2020 $4,468 $755,456 $273,000 $482,456
2019 $4,482 $630,200 $237,100 $393,100
2018 $4,482 $630,200 $237,100 $393,100
2017 $4,482 $630,200 $237,100 $393,100
2016 $4,222 $630,200 $237,100 $393,100
2014 $4,222 $630,200 $237,100 $393,100
Source: Public Records

Agents Affiliated with this Home

  • Trisha Midgett

    Seller's Agent in 2023

    Trisha Midgett

    Midgett Realty - Rodanthe

    (252) 996-0124

    170 in this area

    1,290 Total Sales

    Trisha Midgett
    Section Image

  • R

    Buyer Co-Listing Agent in 2023

    Rick Uhl

    Midgett Realty - Rodanthe

    (757) 288-7084

    8 in this area

    55 Total Sales

    Rick Uhl
    Section Image
  • Trafton Reynolds

    Buyer's Agent in 2020

    Trafton Reynolds

    NC 12 Realty

    (252) 996-0104

    9 in this area

    167 Total Sales

    Trafton Reynolds
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120011

Outer Banks Association of REALTORS®

APN: 014227012

North Carolina Dare County Rodanthe 27959 Rodanthe

24248 S Shore Dr, Rodanthe, NC

This home is located at 24248 S Shore Dr, Rodanthe, NC 27968 since 09 August 2022 and is currently estimated at $1,116,804, approximately $319 per square foot. This property was built in 1991. 24248 S Shore Dr 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.
Information is deemed reliable but not guaranteed.

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