NOT LISTED FOR SALE

248 Back Rd Ocracoke, NC 27960

Estimated Value: $541,827 - $866,000

2 Beds
1 Bath
864 Sq Ft
$815/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $487,000 $564 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,059/month

17 Days on Market

Highlights

  • Cathedral Ceiling
  • Main Floor Bedroom
  • Living Room
  • Wood Flooring
  • Screened Porch
  • Outdoor Shower

About This Home

As of November 2022

Starting your day off well is easy when you live next door to the Ocracoke Coffee Company! Tucked among the tree tops with a convenient village location! Walking distance to just about everything! "Out On a Limb" has 2 bedrooms, 1 bath, open kitchen/living/dining room w/original wood floors, bamboo floors in the bedrooms, cathedral ceilings with exposed large beam, central heat/ac, ceiling fans, recently updated full bath, kitchen bar for additional seating and gracious bedrooms. Unique windows and many oversized doors allow for plenty of light! "Out On a Limb" has many exterior spaces for entertaining or relaxing; 2 large open decks and a ground floor screened porch. There is a fenced area for your fur babies, a hot/cold spacious outdoor shower, a park style grill and a fish cleaning bench. "Out On a Limb" has a proven rental history; however, it would make a wonderful primary year-round home as well!

Last Agent to Sell the Property

Martha Garrish

Village Realty Holdings dba Ocracoke Island Realty License #148274 Listed on: 09/17/2022

Last Buyer's Agent

William Adams

The Rich Company of Ocracoke/OBX License #336776

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,047

Year Built

  • Built in 1999

Lot Details

  • 6,233 Sq Ft Lot
  • Level Lot
  • Property is zoned Mixed

Home Design

  • Asphalt Shingled Roof
  • Shake Siding
  • Siding
  • Piling Construction

Interior Spaces

  • 864 Sq Ft Home
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Screened Porch
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Storage Shed

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot # A-2

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,047

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Directions: From Hwy 12 S turn right on Back Road, subject is the next home past the Coffee Co.
  • Extras: Ceiling Fan(s), Outside Shower, Screened Porch, Smoke Detector(s), Storage Shed, Sun Deck
  • Subdivision Name: Division of Parcel A- William D. Gaskill Tract
  • Headline: Village location!
  • Heated Sq Ft: 864
  • L V T Date: 09/18/2022
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: Mixed
  • Advertised Income 2020: 26175
  • Advertised Income 2021: 31732
  • Advertised Income 2022: 37760
  • Deed Book Pg Number: 39
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26996
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 1
  • Kitchen: On Level: 1
  • Floor Coverings: Wood
  • Foundation: Piling
  • Full Bathrooms: 1
  • Furnishings Available: Partial
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s)
  • Dining Room: On Level: 1
  • Living Room: On Level: 1

Exterior Features

  • Exterior: Shakes, Sheet Siding
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: 576

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 6233
  • Lot Description: Easement(s), Level
  • Lot Number: Lot# A-2
  • Estimated Lot Size: 0.14
  • Deed Book: 291

Rental Info

  • Est Annual Rental Income: 38000
  • Estimated Rental Performance: 0.078
  • Rental Co: Ocracoke Island Realty
  • Rental Cottage Name: "Out On a Limb"
  • Rental Cottage Number: DC 32
  • Rental Phone Number: 252-928-6261
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2022
  • Taxes: 4047

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $487,000 -2.4% $564 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
09/17/2022 09/17/22 For Sale $499,000 -- $578 / 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 $2,682 $291,543 $145,500 $146,043
2023 $2,149 $302,730 $221,000 $81,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120372

Outer Banks Association of REALTORS®

APN: 9500397670