$1,200,000
SOLD FEB 19, 2021
8 Beds
7.5 Baths
5,338 Sq Ft
0.6 Acres

Recently Sold

$225 Per Sq Ft

7% Below List Price

107 Days on Market

Highlights

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

About This Home

As of May 2022

Rodanthe Paradise! Rodanthe Oceanfront! 8 Bedroom rental machine. 14.5% + GRI/PP. Ocean Views! Located on the oceanfront with views of the Rodanthe pier, this eight-bedroom home sits on a large oceanfront lot with tremendous water views. From entering the covered carport, the downstairs foyer is open and inviting as it leads up to the first floor with a rec room, wet bar, pool table, media room, and three bedrooms. The second floor holds 4 bedrooms and the third floor features the master bedroom, gourmet kitchen, living area, half bath and gorgeous ocean views. There is a pool, a hot tub and a volleyball court outside. Owner has also made recent updates such as 3 new HVAC units, exterior and interior painting, flooring and more. 2020 rents are incredible even after missing weeks this spring during the shutdown. It's VERY hard to find these type of rental numbers. This is an incredible rental investment opportunity!

Last Agent to Sell the Property

Brad Beacham

Landmark Sotheby's International Realty License #194377 Listed on: 08/31/2020

Landmark Sotheby's International Realty

Co-Listed By

Cameron Griggs

Coldwell Banker Seaside Realty KH License #294636

Last Buyer's Agent

Brad Beacham

Landmark Sotheby's International Realty License #194377 Listed on: 08/31/2020

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,769

Year Built

  • Built in 2008

Lot Details

  • 0.6 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
  • Granite Countertops

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

$7,769

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: VE
  • Headline: Oceanfront with high ROI!
  • Heated Sq Ft: 5338
  • L V T Date: 09/01/2020
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Advertised Income 2020: 177245
  • Advertised Income 2021: 103109
  • Deed Book Pg Number: 0386
  • 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
  • Countertops: Granite
  • 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

  • Garage: Carport
  • Parking: Paved

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 26000
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot none
  • Estimated Lot Size: 0.60
  • Deed Book: 1950

Rental Info

  • Rental Co: Sun Realty
  • Rental Cottage Name: Rodanthe Paradise
  • Rental Cottage Number: R 278
  • Rental Turnover Day: Saturday
  • Rental Contact Email: lorisankey@sunrealtync.com
  • Rental Contact Name: Lori Sankey

Building Info

  • Year Built: 2008

Tax Info

  • Year: 2020
  • Taxes: 7769

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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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: 110783

Outer Banks Association of REALTORS®

APN: 027794015