$2,075,000
SOLD MAY 20, 2022
8 Beds
7.5 Baths
5,338 Sq Ft
0.55 Acres

Recently Sold

$389 Per Sq Ft

8% Below List Price

48 Days on Market

Highlights

  • Beach Front
  • Home Theater
  • 0.55 Acre Lot
  • Ocean View
  • Concrete Pool
  • Coastal Architecture

About This Home

As of May 2022

OCEANFRONT RENTAL MACHINE! 2022 full rental calendar projecting over $247K, with over $200K already on the books. Newly refreshed with all NEW 2022 interior paint, all NEW 2022 carpet in bedrooms, all NEW 2022 4K TV’s, NEW HVAC unit, NEW pool pump and filter, NEW kitchen fridge, NEW washer and dryer, and two NEW exterior grills. This home features 8 spacious bedrooms, 7.5 bathrooms, a reverse floor plan with abundant ocean views, a gourmet kitchen, an elevator, concrete pool, hot tub, multiple decks with ocean and sound views, wide hallways, a game room completed with a pool table and media room, a volleyball court, etc. Located nearby the Rodanthe Pier, REAL Watersports, and half a dozen other popular eateries. You must see it for yourself!

Last Agent to Sell the Property

Cameron Griggs

Coldwell Banker Seaside Realty KH License #294636 Listed on: 02/18/2022

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Traci Madonia

Beach Dreams Realty, LLC License #309737

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,578

Year Built

  • Built in 2008

Lot Details

  • 0.55 Acre Lot
  • Beach Front
  • Property fronts a private road

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 5,338 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Game Room
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • <<builtInOvenToken>>
  • <<builtInRangeToken>>
  • <<microwave>>
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Covered Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Holiday Shores Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,578

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Covered Decks, Elevator, Hot Tub, Outside Shower, Dry Entry
  • Flood Zone: Shaded X
  • Headline: Oceanfront Rental Machine
  • Heated Sq Ft: 5338
  • L V T Date: 02/18/2022
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Advertised Income 2021: 216351
  • Advertised Income 2022: 219815
  • Deed Book Pg Number: 116
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Freezer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, Stackable Washer/Dryer, Wine Cooler
  • Bedrooms: 8
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Some Windows Treated, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Game Room, Media Room
  • Partial Bathrooms: 1

Exterior Features

  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Concrete, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Septic Fee: 1265
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 8497

Lot Info

  • Estimated Lot Sq Ft: 24000
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot NA
  • Estimated Lot Size: 0.55
  • Deed Book: 2482

Rental Info

  • Est Annual Rental Income: 247325
  • Estimated Rental Performance: 0.1192
  • Flood Expenses: 858
  • Lease Terms: Weekly
  • Poolspa Expense: 5540
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Rodanthe Paradise
  • Rental Cottage Number: 575
  • Rental Turnover Day: Saturday
  • Annual Cable TV Expense: 1300
  • Annual Electric: 7866
  • Annual Water Expense: 1450
  • Rental Contact Email: kimberley@surforsound.com
  • Rental Contact Name: Kimberley Hutton

Building Info

  • Year Built: 2008

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2021
  • Taxes: 7578.35

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: 117712

Outer Banks Association of REALTORS®

APN: 027794015