NOT LISTED FOR SALE

25215 Midgett Way E Waves, NC 27982

Waves Neighborhood

Estimated Value: $603,000 - $779,000

4 Beds
3.5 Baths
2,412 Sq Ft
$283/Sq Ft Est. Value

Last Sold April 16, 2018

Last sale price $339,000 $141 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,799/month

30 Days on Market

Highlights

  • Ocean View
  • Wooded Lot
  • Wood Flooring
  • Coastal Architecture
  • Cathedral Ceiling
  • Hydromassage or Jetted Bathtub

About This Home

As of April 2018

Make this charming home in the quiet village of Waves yours today! "Waves of Grace" is a beautiful custom-built, 4 bedroom, 3.5 bath home that offers all one desires in a true-second home, rental or investment property. With a 10-foot wraparound deck on the second level and expansive landscaped yard, this home is a private retreat close to the beach, REAL Kiteboarding, shopping, restaurants, and more. The second floor offers a spacious living area, custom kitchen with tiled floor, and large dining area perfect for entertaining all your family and friends. The second floor also has a queen master with an deluxe master bathroom including a tiled shower has dual heads and a Jacuzzi tub. Unlike many homes on the island, this home has a more traditional layout with the other 3 bedrooms located on the top floor. Call today and make this home your own piece of paradise on Hatteras Island! Home is listed as 4 bedrooms; however the septic permit is for 5 bedrooms

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 02/03/2018

Last Buyer's Agent

Sarah Brown

Keller Williams - Outer Banks License #265135

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,186

Year Built

  • Built in 2003

Lot Details

  • 0.34 Acre Lot
  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Wooded Lot

Home Design

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

Interior Spaces

  • 2,412 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Loft
  • Workshop
  • Utility Room
  • Dryer
  • Ocean Views
  • Attic

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Corian Countertops

Flooring

  • Wood
  • Carpet
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Hydromassage or Jetted Bathtub

Parking

  • Tuck Under Parking
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Storage Shed

Utilities

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

Community Details

  • Beach Lake Subdivision

Listing and Financial Details

  • Tax Lot 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,186

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Extras: Ceiling Fan(s), Covered Decks, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Storage Shed, Sun Deck
  • Flood Zone: AE
  • Heated Sq Ft: 2412
  • L V T Date: 02/05/2018
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 0372
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C0569
  • 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
  • Bedrooms: 4
  • Countertops: Corian
  • Floor Coverings: Carpet, Ceramic Tile, Slate, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Attic, Beamed Ceiling(s), Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Connection, Ensuite, Pantry, Some Windows Treated, Washer Connection
  • Optional Rooms: Loft, Office, Utility Room, Workshop
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Off Street, Under, Unpaved

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Level, Wooded
  • Lot Number: Lot 6
  • Estimated Lot Size: 0.34
  • Deed Book: 1911

Rental Info

  • Est Annual Rental Income: 22725
  • Estimated Rental Performance: 0.067
  • Lease Terms: Weekly
  • Rental Co: Midgett Realty
  • Rental Cottage Name: Waves of Grace
  • Rental Cottage Number: WG060
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2017
  • Taxes: 2186.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2018
Closed on
Apr 6, 2018
Sold by
Miller David and Miller Linda S
Bought by
Bunn 3Rd Jack C and Benton-Bunn Denise
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Sarah Brown
Keller Williams - Outer Banks
List Price
$369,000
Sold Price
$339,000
Premium/Discount to List
-$30,000
-8.13%
Current Estimated Value
$682,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,064
Avg. Annual Appreciation
9.87%
Original Mortgage
$140,000
Outstanding Balance
$83,856
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$599,486

Purchase Details

Listed on
May 12, 2012
Closed on
Sep 5, 2012
Sold by
The Bank Of New York Mellon
Bought by
Miller David and Miller Linda S
Seller's Agent
Misty Gillikin
ROG OBX, Inc
Buyer's Agent
* *None
**None
List Price
$300,000
Sold Price
$231,500
Premium/Discount to List
-$68,500
-22.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%

Purchase Details

Closed on
Feb 23, 2012
Sold by
Gregory Megan E and Gregory Charles B
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Dec 14, 2009
Sold by
Gregory Charles B
Bought by
Gregory Megan E
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
Bunn 3Rd Jack C $339,000 --
Miller David $231,500 None Available
The Bank Of New York Mellon $266,400 None Available
Gregory Megan E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bunn 3Rd Jack C $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2018 04/16/18 Sold $339,000 -8.1% $141 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/03/2018 02/03/18 For Sale $369,000 +59.4% $153 / Sq Ft
10/22/2012 10/22/12 Sold $231,500 -22.8% $96 / Sq Ft
08/30/2012 08/30/12 Pending -- -- --
05/12/2012 05/12/12 For Sale $300,000 -- $124 / 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 $2,200 $347,600 $60,000 $287,600
2023 $2,130 $347,600 $60,000 $287,600
2022 $2,095 $347,600 $60,000 $287,600
2021 $2,061 $347,600 $60,000 $287,600
2020 $2,056 $347,600 $60,000 $287,600
2019 $2,178 $303,300 $54,400 $248,900
2018 $2,178 $303,300 $54,400 $248,900
2017 $2,186 $303,300 $54,400 $248,900
2016 $2,051 $303,300 $54,400 $248,900
2014 $205 $303,300 $54,400 $248,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99149

Outer Banks Association of REALTORS®

APN: 014271006