NOT LISTED FOR SALE

Estimated Value: $465,704 - $511,000

3 Beds
2.5 Baths
1,934 Sq Ft
$256/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $379,000 $196 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,790/month

1 Day on Market

Highlights

  • Views of a Sound
  • Boat Dock
  • In Ground Pool
  • First Flight Middle School Rated A-
  • Home fronts a sound
  • Gated Community

About This Home

As of May 2022

EXCELLENT OPPORTUNITY IN THE GATED COMMUNITY OF WATERSEDGE!! STUNNING WATER AND MARSH VIEWS FROM SEMI-SOUNDFRONT PROPERTY!! Light and bright with an open and spacious floor plan, this 1,934 square foot home sits on a very large lot and a half totaling 33,500 sq ft! SUPER SWEET LOCATION at the end of the street just steps away from the community marina and swimming pool! The house does need some work which is reflected in the asking price. The adjacent vacant lot with attached garage is also for sale - 246 Watersedge Dr (MLS 117308).

Last Agent to Sell the Property

Melanie Day

Landmark Sotheby's Internation License #219374 Listed on: 01/16/2022

Landmark Sotheby's Internation

Last Buyer's Agent

Stephanie Walker

Stephanie Walker and Associates License #110099

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,078

Year Built

  • Built in 1991

Lot Details

  • Home fronts a sound
  • Landscaped
  • Sprinkler System

HOA Fees

  • $60 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,934 Sq Ft Home
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Sun or Florida Room
  • Views of a Sound

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot 60A

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, walkways
  • Seaside Management Association
  • Waters Edge Kdh Subdivision

Recreation

  • Boat Dock
  • Community Pool

Additional Features

  • Common Area
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,078

Year Built

Built in 1991

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Extras: Ceiling Fan(s), Covered Decks, Landscaped, Lawn Sprinklers, Outside Shower, Patio, Security System, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Subdivision Name: WatersEdge
  • Headline: SEMI-SOUNDFRONT/WATER VIEWS!
  • Heated Sq Ft: 1934
  • L V T Date: 01/16/2022
  • Primary Residence: Yes
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: B
  • Waterfront Location: Semi-Soundfront
  • Zoning: RES
  • Deed Book Pg Number: 0937
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 3
  • Floor Coverings: Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 2
  • Interior Amenities: Beamed Ceiling(s), Cathedral Ceiling(s)
  • Optional Rooms: Sun/Florida Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, In Ground, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Sound, Salt Marsh

Garage/Parking

  • Garage: 1 Car, Attached, Detached
  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Walkways
  • Association Amenities: Boat Ramp, Boat Dock, Gated Community, Outdoor-Comm. Pool, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 720
  • Hoa Contact: Seaside Management
  • HOA Contact: 261-1200

Lot Info

  • Lot Number: Lot 60A
  • Deed Book: 2209

Building Info

  • Year Built: 1991

Tax Info

  • Year: 2021
  • Taxes: 2078.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2022
Closed on
May 10, 2022
Sold by
Macdonald Jr Kenneth V
Bought by
Thomas Lois B
Seller's Agent
Melanie Day
Landmark Sotheby's Internation
Buyer's Agent
Stephanie Walker
Stephanie Walker and Associates
List Price
$399,000
Sold Price
$379,000
Premium/Discount to List
-$20,000
-5.01%
Current Estimated Value
$494,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,426
Avg. Annual Appreciation
7.56%
Original Mortgage
$125,000
Outstanding Balance
$118,300
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$376,126

Purchase Details

Closed on
Dec 6, 2017
Sold by
Colington Creek Llc
Bought by
Macdonald Kenneth V

Purchase Details

Closed on
Aug 14, 2009
Sold by
Macdonald Kenneth V and Macdonald Mary Lynn
Bought by
Macdonald Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Thomas Lois B $379,000 Gray & Lloyd Llp
Macdonald Kenneth V -- None Available
Macdonald Kenneth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Lois B $125,000
Previous Owner Macdonald Kenneth $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $379,000 -5.0% $196 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/16/2022 01/16/22 For Sale $399,000 -- $206 / 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
2025 $1,737 $398,800 $241,800 $157,000
2024 $2,147 $343,500 $107,500 $236,000
2023 $2,147 $343,500 $107,500 $236,000
2022 $2,113 $343,500 $107,500 $236,000
2021 $2,078 $343,500 $107,500 $236,000
2020 $2,073 $343,500 $107,500 $236,000
2019 $2,077 $291,700 $102,300 $189,400
2018 $2,077 $291,700 $102,300 $189,400
2017 $2,077 $291,700 $102,300 $189,400
2016 $1,961 $291,700 $102,300 $189,400
2014 $1,902 $291,700 $102,300 $189,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117307

Outer Banks Association of REALTORS®

APN: 030719000