NOT LISTED FOR SALE

Estimated Value: $774,100 - $903,000

4 Beds
5 Baths
2,724 Sq Ft
$303/Sq Ft Est. Value

Last Sold April 27, 2020

Last sale price $440,500 $162 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,765/month

12 Days on Market

Highlights

  • Views of a Sound
  • Spa
  • Cathedral Ceiling
  • Home fronts a sound
  • Coastal Architecture
  • Furnished

About This Home

As of April 2020

Experience stunning sunsets from this lovely waterfront home; perched near the end of a quiet cul-de-sac this property features over 150’ of waterfront, which is fully bulk-headed for added protection. An ideal location for the water sports enthusiast in the family and an excellent launch site for kiteboarding, windsurfing, kayaking and SUP. This home was designed to take full advantage of spectacular water views from all levels. Even the hot tub on the first level deck offers a vantage point for water views. As you step into this home you’ll find plenty of entertainment options in the spacious game room with pool table, separate seating/tv area and wet bar complete with full size refrigerator and microwave with the added convenience of a half bath to round out this level. The mid-level of the home hosts three bedrooms, one of which is a master bedroom with private bath. The other two bedrooms on this level share a bathroom between them. There are doors to two shaded decks, one on either side of the home, to enable you to sit out of the wind and relax with a good book. There is an additional master bedroom located on the top level which features a patio door to the sound front deck, gorgeous water views and private bath. The top level greets you with the sunny great room decorated with a light and airy feel to accentuate the expansive blue water views seen from nearly every window. The great room and dining area are generous and the cooks in the family will love the kitchen’s open layout with plenty of counter space for preparing meals. A large breakfast bar provides additional seating to the dining table and the double patio door takes you from the dining area to the deck with built-in seating for after dinner conversation under the stars.

Last Agent to Sell the Property

Rob Petty

Outer Banks Home Group License #224417 Listed on: 02/27/2020

Co-Listed By

Lisa Hux

Surf or Sound Realty - Rodanthe License #288095

Last Buyer's Agent

Jeff Scott

Scott Team Realty License #133929

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,099

Year Built

  • Built in 2007

Lot Details

  • 0.28 Acre Lot
  • Home fronts a sound
  • Cul-De-Sac
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,724 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Screened Porch
  • Views of a Sound

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Second Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Community Details

  • Waves Soundside Inc Subdivision

Listing and Financial Details

  • Tax Lot 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,099

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Hwy 12 to Waves, turn onto Lela Court, house is straight ahead on the sound
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Screened Porch, Sun Deck, Dry Entry
  • Flood Zone: AE
  • Headline: Stunning Sunsets
  • Heated Sq Ft: 2724
  • L V T Date: 02/27/2020
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 0414
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7816
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Wood Laminate, Vinyl Tile
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection
  • Optional Rooms: Foyer, Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Sound

Garage/Parking

  • Parking: Paved

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Heat Pump, Zoned
  • Septic Fee: 815
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Sound Access
  • Home Owner Dwelling Insurance: 3782

Lot Info

  • Estimated Lot Sq Ft: 12000
  • Lot Description: Bulkheaded, Cul-de-sac, Level, Water Frontage
  • Lot Number: Lot 3
  • Estimated Lot Size: 0.28
  • Deed Book: 1859

Rental Info

  • Est Annual Rental Income: 52060
  • Estimated Rental Performance: 0.1182
  • Flood Expenses: 812
  • Lease Terms: Weekly
  • Maintenance Expenses: 1290
  • Other Expenses: 520
  • Other Expenses2: 280
  • Other Expenses3: 791
  • Other Insurance Expenses: 191
  • Poolspa Expense: 1958
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Sound Effect
  • Rental Cottage Number: 896
  • Rental Phone Number: 252-987-1444
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1311
  • Annual Electric: 4980
  • Annual Telephone Expense: 360
  • Annual Water Expense: 1374
  • Rental Contact Email: dana@surforsound.com
  • Rental Contact Name: Dana Wells
  • Rental Contact Phone: 252-987-1444

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2019
  • Taxes: 3099.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Apr 24, 2020
Sold by
Cornett Charles E and Damasco Michele Marie
Bought by
Smith Ryan Mckinley and Smith Carla Rao
Seller's Agent
Rob Petty
Outer Banks Home Group
Buyer's Agent
Jeff Scott
Scott Team Realty
List Price
$449,000
Sold Price
$440,500
Premium/Discount to List
-$8,500
-1.89%
Current Estimated Value
$827,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,441
Avg. Annual Appreciation
12.58%
Original Mortgage
$352,400
Outstanding Balance
$312,958
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$513,567

Purchase Details

Closed on
Feb 22, 2011
Sold by
Waves Soundside Inc
Bought by
Cornett Charles E and Cornett Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
4.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Smith Ryan Mckinley $440,500 None Available
Cornett Charles E $499,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Ryan Mckinley $352,400
Previous Owner Cornett Charles E $387,500
Previous Owner Cornett Charles E $399,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2020 04/27/20 Sold $440,500 -1.9% $162 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $449,000 -- $165 / 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 $3,045 $467,300 $150,200 $317,100
2023 $2,941 $479,984 $150,200 $329,784
2022 $2,893 $479,984 $150,200 $329,784
2021 $2,601 $438,696 $150,200 $288,496
2020 $3,229 $545,920 $150,200 $395,720
2019 $3,099 $434,400 $135,800 $298,600
2018 $3,099 $434,400 $135,800 $298,600
2017 $3,099 $434,400 $135,800 $298,600
2016 $2,919 $434,400 $135,800 $298,600
2014 $2,919 $434,400 $135,800 $298,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108483

Outer Banks Association of REALTORS®

APN: 014249003