$750,000
SOLD MAR 23, 2012
8 Beds
7.5 Baths
5,200 Sq Ft
0.55 Acres

Recently Sold

$144 Per Sq Ft

25% Below List Price

17 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Cathedral Ceiling
  • Ocean View
  • Second Refrigerator
  • Wood Flooring

About This Home

As of May 2022

Gorgeous Bank Owned OF 8 BR with elevator and handicap friendly accessories! Priced at $1.2 million below assessed value! House is in wonderful condition and currently has no power. Utilities are to be connected by 2/20. Previously with Surf or Sound Unit #575, where it performed admirably as noted in the rental docs. Purchase now and get full for 2012 Season as rentals are filling up fast and there is a shortage of large oceanfront homes!

Last Agent to Sell the Property

John Thompson

Windswept Properties, LLC License #187607 Listed on: 02/13/2012

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,441

Year Built

  • Built in 2008

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 5,200 Sq Ft Home
  • Elevator
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Home Security System

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • <<bathWSpaHydroMassageTubToken>>

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Gazebo

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank
  • Septic System

Additional Features

  • Handicap Accessible
  • Beach Front

Community Details

  • Holiday Shores Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,441

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Bank Owned: Yes
  • Directions: south to Rodanthe. one street north of the pier. all the way to the glorious oceanfront on right!!
  • Extras: Beach Access, Ceiling Fan(s), Elevator, Gazebo, Handicap Friendly, Hot Tub, Jet Tub, Security System, Sun Deck
  • Headline: Glorious 8 BR OF with Elevator
  • Heated Sq Ft: 5200
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0147
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 7
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Walk in Closet, Washer Connection, Wet Bar
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool Type: In Ground
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Non Conventional Septic, Private Septic
  • Water: Municipal

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot none
  • Deed Book: 1734

Rental Info

  • Est Annual Rental Income: 119386
  • Estimated Rental Performance: 0.1592
  • Rental Cottage Name: Peeking Duck

Building Info

  • Year Built: 2008

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 9441

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
May 17, 2022
Sold by
Chippewa Investments Llc
Bought by
Blotlos Llc
Seller's Agent
Cameron Griggs
Coldwell Banker Seaside Realty KH
Buyer's Agent
Traci Madonia
Beach Dreams Realty, LLC
List Price
$2,250,000
Sold Price
$2,075,000
Premium/Discount to List
-$175,000
-7.78%
Current Estimated Value
$2,190,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,691
Avg. Annual Appreciation
1.73%
Original Mortgage
$1,476,247
Outstanding Balance
$1,412,901
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$777,790

Purchase Details

Listed on
Aug 31, 2020
Closed on
Mar 16, 2021
Sold by
Juhring Kevin
Bought by
Chippewa Investments Llc
Seller's Agent
Brad Beacham
Landmark Sotheby's International Realty
Buyer's Agent
Brad Beacham
Landmark Sotheby's International Realty
List Price
$1,295,000
Sold Price
$1,200,000
Premium/Discount to List
-$95,000
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.98%

Purchase Details

Closed on
Feb 2, 2020
Sold by
Dpp Properties Llc
Bought by
Juhring Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
2.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 8, 2014
Sold by
Powers Daniel P and Holt Michael
Bought by
Dpp Properties Llc and Mh40 Properties Llc

Purchase Details

Listed on
Feb 13, 2012
Closed on
Feb 10, 2012
Sold by
Belford Mark and Belford Branden B
Bought by
Rbc Bank Usa
Seller's Agent
John Thompson
Windswept Properties, LLC
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$1,003,000
Sold Price
$750,000
Premium/Discount to List
-$253,000
-25.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
Original Mortgage
$638,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 18, 2007
Sold by
Dara/Holiday Ventures Llc
Bought by
Belford Mark and Belford Branden B

Purchase Details

Closed on
Feb 24, 2006
Sold by
Belford Mark S and Belford Branden
Bought by
Dara/Holiday Ventures Llc

Purchase Details

Closed on
May 23, 2005
Sold by
Akers Ronald C and Akers Daphne
Bought by
Belford Mark S and Belford Branden

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
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 $10,375,000 Dixon & Dixon Law Offices Pllc
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Warranty Deed $1,200,000 None Available
Gift Deed -- None Available
Trustee Deed $935,000 None Available
Warranty Deed -- None Available
Warranty Deed $1,250,000 None Available
Warranty Deed $575,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,476,247 New Conventional
Previous Owner $900,000 Future Advance Clause Open End Mortgage
Previous Owner $638,000 Commercial
Previous Owner $500,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $2,075,000 -7.8% $389 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $2,250,000 +87.5% $422 / Sq Ft
02/19/2021 02/19/21 Sold $1,200,000 -7.3% $225 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $1,295,000 +72.7% $243 / Sq Ft
03/23/2012 03/23/12 Sold $750,000 -25.2% $144 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
02/13/2012 02/13/12 For Sale $1,003,000 -- $193 / 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 $2,170 $1,278,400 $397,600 $880,800
2023 $5,120 $1,313,632 $397,600 $916,032
2022 $7,919 $1,313,632 $397,600 $916,032
2021 $7,787 $1,313,632 $397,600 $916,032
2020 $7,769 $1,313,632 $397,600 $916,032
2019 $8,273 $1,156,900 $304,900 $852,000
2018 $8,273 $1,156,900 $304,900 $852,000
2017 $8,273 $1,156,900 $304,900 $852,000
2016 $7,793 $1,156,900 $304,900 $852,000
2014 $7,806 $1,158,800 $304,900 $853,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 73537

Outer Banks Association of REALTORS®

APN: 027794015