NOT LISTED FOR SALE

Estimated Value: $850,000 - $1,358,000

6 Beds
6.5 Baths
3,344 Sq Ft
$312/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $665,000 $199 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,292/month

75 Days on Market

Highlights

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

About This Home

As of December 2020

If you are looking for the perfect investment property...here it is!! This home is a rental dynamo with ROI of more than 12% and more than $76K already on the books for 2020 despite the shortened rental season! "Whistling Oyster" is a gorgeous oceanfront home with 6 large bedrooms, 6 full bathrooms and 1 half bath. Lounge on the sun-soaked deck or let your cares wash away in the hot tub or stroll to the nearby Rodanthe Fishing Pier to reel in the catch of the day. This close to the ocean, you are just moments from having sand between your toes and waves lapping at your feet....this truly is the perfect location! Inside, the wide open reverse floor plan boasts an updated kitchen with granite countertops, a living area with wet bar and free standing ice maker to make entertaining a breeze, and amazing, panoramic ocean views! The ground floor features a game room with pool table, full refrigerator, extra microwave and a bonus sitting area for even MORE space. No wonder this home is such a rental powerhouse....everything you could want in a beach house is right here!! Don't miss this one...come and visit today..."Whistling Oyster" might just be the "pearl" you've been looking for!!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 06/16/2020

Last Buyer's Agent

Liz Midgett

Midgett Realty - Avon License #221798

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,233

Year Built

  • Built in 2004

Lot Details

  • 0.37 Acre Lot
  • Beach Front
  • Cul-De-Sac
  • Level Lot

Home Design

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

Interior Spaces

  • 3,344 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Game Room
  • Ocean Views
  • Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air 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 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,233

Year Built

Built in 2004

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, Sun Deck
  • Flood Zone: VE
  • Subdivision Name: Trade Winds Beaches
  • Heated Sq Ft: 3344
  • L V T Date: 06/16/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 76142
  • Advertised Income 2021: 18645
  • Deed Book Pg Number: 0278
  • 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, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: 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: Frame, Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 16000
  • Lot Description: Beach Frontage, Cul-de-sac, Level
  • Lot Size: 16000
  • Lot Number: Lot 14
  • Estimated Lot Size: 0.37
  • Deed Book: 1533

Rental Info

  • Est Annual Rental Income: 87759
  • Estimated Rental Performance: 0.132
  • Lease Terms: Weekly
  • Rental Co: Midgett Realty
  • Rental Cottage Name: Whistling Oyster
  • Rental Cottage Number: RK140
  • Rental Turnover Day: Sunday
  • Rental Contact Email: kareng@midgettrealty.com
  • Rental Contact Name: Karen Greenwood

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2019
  • Taxes: 4233.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Jan 28, 2021
Sold by
Young Michael B and Young Stacy M
Bought by
Sbl Investment Properties Llc
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Liz Midgett
Midgett Realty - Avon
List Price
$699,000
Sold Price
$665,000
Premium/Discount to List
-$34,000
-4.86%
Current Estimated Value
$919,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,233
Avg. Annual Appreciation
10.15%

Purchase Details

Listed on
Jun 16, 2020
Closed on
Oct 27, 2020
Sold by
Frizzera Mark S and Frizzera Joelle L
Bought by
Young Michael B and Young Stacy M
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Liz Midgett
Midgett Realty - Avon
List Price
$699,000
Sold Price
$665,000
Premium/Discount to List
-$34,000
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
2.7%
Mortgage Type
New Conventional
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
Sbl Investment Properties Llc -- None Available
Young Michael B $665,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Michael B $510,400
Previous Owner Malone Michael B $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $665,000 -4.9% $199 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $699,000 -- $209 / 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 $3,113 $477,300 $145,300 $332,000
2023 $3,006 $490,580 $145,300 $345,280
2022 $2,957 $490,580 $145,300 $345,280
2021 $4,064 $685,508 $261,500 $424,008
2020 $3,902 $659,716 $261,500 $398,216
2019 $4,220 $593,200 $219,300 $373,900
2018 $4,233 $593,200 $219,300 $373,900
2017 $4,233 $593,200 $219,300 $373,900
2016 $3,975 $593,200 $219,300 $373,900
2014 $3,988 $593,200 $219,300 $373,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109719

Outer Banks Association of REALTORS®

APN: 026756000