NOT LISTED FOR SALE

24252 Resort Rodanthe Dr Unit 2A Rodanthe, NC 27968

Rodanthe Neighborhood

Estimated Value: $410,000 - $471,000

2 Beds
2 Baths
1,064 Sq Ft
$420/mo HOA Fee

Last Sold July 05, 2012

Last sale price $175,000 $164 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $2,946/month

40 Days on Market

Highlights

  • Beach Front
  • Wood Flooring
  • Outdoor Shower
  • Ocean View
  • Granite Countertops
  • Sun Deck

About This Home

As of July 2012

Oceanfront Condo! Brand new construction in 2008, and has never been occupied. Resort Rodanthe offers amazing views of the ocean with easy access via the condo boardwalk. A few of the amenities include wood floors in the living area, ceramic tile in the kitchen and bathrooms, carpeting in the bedrooms, tray ceilings, private oceanfront balcony, elevator, outside showers, community pool, sound views, granite countertops, brand new stainless steel appliances, and brand new stackable washer & dryer. Rental Income projection on file of around $15,000 per year. Give me a call for details!

Last Agent to Sell the Property

Liz Midgett

Midgett Realty - Avon License #221798 Listed on: 04/05/2012

Last Buyer's Agent

Misty Gillikin

ROG OBX, Inc License #252438

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,243

Year Built

  • Built in 2008

HOA Fees

  • $420 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • 1,064 Sq Ft Home
  • Asphalt Shingled Roof

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Exterior Lighting

Utilities

  • Municipal Utilities District Water
  • Community Sewer or Septic

Additional Features

  • Stacked Washer and Dryer
  • Beach Front

Listing and Financial Details

  • REO, home is currently bank or lender owned

Community Details

Overview

  • Association fees include building maintenance, grounds maintenance, management, pool, road maintenance, sewer/septic, water, walkways
  • Resort Rodanthe Subdivision

Recreation

  • Community Boardwalk

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,243

Year Built

Built in 2008

Lot Details

0

HOA Fees

$420 per month

Listing Details

  • Class: RESIDENTIAL
  • Bank Owned: Yes
  • Directions: South on Highway 12 on Oceanside.
  • Extras: Beach Access, Boardwalk to Beach, Elevator, Outside Lighting, Outside Shower, Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Resort Rodanthe, A Condo
  • Headline: Oceanfront Condo!
  • Heated Sq Ft: 1064
  • Roads: Paved
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Oceanfront
  • Zoning: R
  • Deed Book Pg Number: 0386
  • Special Features: 20
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 2
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Dryer Connection, Washer Connection

Exterior Features

  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Utilities

  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Grounds Maintenance, Management, Pool, Road Maintenance, Sewer/Septic, Water, Walkways
  • Association Fee: Yes
  • Estimated Annual Fee: 5040

Lot Info

  • Lot Description: Beach Frontage, Level, Water Frontage
  • Deed Book: 1886

Rental Info

  • Est Annual Rental Income: 15410
  • Estimated Rental Performance: 0.0881

Building Info

  • Year Built: 2008

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 1243.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2012
Closed on
Jun 1, 2012
Sold by
Southern Bank & Trust Company
Bought by
Bidelman Gary M and Bidelman Jacqueline K
Seller's Agent
Liz Midgett
Midgett Realty - Avon
Buyer's Agent
Misty Gillikin
ROG OBX, Inc
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%
Total Days on Market
40
Current Estimated Value
$445,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,514
Avg. Annual Appreciation
7.46%
Original Mortgage
$140,000
Outstanding Balance
$98,555
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$344,705

Purchase Details

Closed on
Dec 30, 2011
Sold by
Tavss Richard J and Tavss Woodard E
Bought by
Southern Bank & Trust Co

Purchase Details

Closed on
Jun 30, 2011
Sold by
Tavss Richard J and Tavss Woodard E
Bought by
Bank Of The Commonwealth
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
Bidelman Gary M $175,000 None Available
Southern Bank & Trust Co $1,457,574 None Available
Bank Of The Commonwealth $1,535,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bidelman Gary M $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2012 07/05/12 Sold $175,000 -12.1% $164 / Sq Ft
05/15/2012 05/15/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $199,000 -- $187 / 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 $1,943 $300,200 $130,000 $170,200
2023 $1,881 $307,008 $130,000 $177,008
2022 $1,851 $307,008 $130,000 $177,008
2021 $1,824 $307,008 $130,000 $177,008
2020 $1,816 $307,008 $130,000 $177,008
2019 $1,688 $238,300 $110,000 $128,300
2018 $1,692 $238,300 $110,000 $128,300
2017 $1,692 $238,300 $110,000 $128,300
2016 $1,590 $238,300 $110,000 $128,300
2014 $1,594 $238,300 $110,000 $128,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 74389

Outer Banks Association of REALTORS®

APN: 014234046