NOT LISTED FOR SALE

25216 Midgett Way E Waves, NC 27982

Waves Neighborhood

Estimated Value: $453,346 - $516,000

3 Beds
2 Baths
1,051 Sq Ft
$450/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $358,500 $341 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,598/month

9 Days on Market

Highlights

  • Beach Box Architecture
  • Cul-De-Sac
  • Tile Flooring
  • Furnished
  • Outdoor Shower
  • En-Suite Primary Bedroom

About This Home

As of May 2021

Beautiful home located in Waves. This home has been well maintained and has never been a vacation rental. The home is a newer property built in 2012. The lot is oversized at 15,000 sq. ft. and can easily accommodate a swimming pool, volleyball net and your favorite cornhole competition with family and friends. Lot has beautiful landscaping details with flower beds and attention to detail. Large front deck offers partial shade as well as full sun options. Used only as a primary residence and not part of any rental program has aided in the great condition of the house. Perfect for anyone looking to settle permanently on Hatteras Island or searching for the ideal second home. It would also be a great addition to any rental program. The septic system is rated for a 6-bedroom home. You'll be amazed by the care given to this lovely residence. Dry entry under house protects you from the weather when entering property. Jump on your bike to ride for the ocean and sound. Restaurants and shopping in walking distance. Located in between Real Watersports and Waves Market. This property is sure to go quickly in this very active market.

Last Agent to Sell the Property

John Lettieri

Sun Realty - Avon License #302850 Listed on: 02/28/2021

Last Buyer's Agent

John Lettieri

Sun Realty - Avon License #302850 Listed on: 02/28/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,372

Year Built

  • Built in 2012

Lot Details

  • 0.34 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,051 Sq Ft Home
  • Furnished
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Laminate Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Water
  • Private Water Source
  • Private or Community Septic Tank

Community Details

  • Beach Lake Subdivision

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,372

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Extras: Ceiling Fan(s), Outside Lighting, Outside Shower, Sun Deck
  • Flood Zone: X
  • Headline: Well Maintained Beautiful Home
  • Heated Sq Ft: 1051
  • Primary Residence: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: RES
  • Deed Book Pg Number: 0636
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3211
  • 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: 3
  • Countertops: Laminate
  • Floor Coverings: Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Ensuite

Exterior Features

  • Construction: Frame
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Cul-de-sac, Level
  • Lot Size: 15000
  • Lot Number: Lot 1
  • Estimated Lot Size: 0.34
  • Deed Book: 2192

Building Info

  • Year Built: 2012

Tax Info

  • Year: 2020
  • Taxes: 1372.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2022
Sold by
Elaine Mcmurphy Carolyn
Bought by
Carolyn E Mcmurphy Revocable Trust
Current Estimated Value
$472,837

Purchase Details

Listed on
Feb 28, 2021
Closed on
May 4, 2021
Sold by
Ferguson Leslie M
Bought by
Mcmurphy Carolyn Elaine
Seller's Agent
John Lettieri
Sun Realty - Avon
Buyer's Agent
John Lettieri
Sun Realty - Avon
List Price
$350,000
Sold Price
$358,500
Premium/Discount to List
$8,500
2.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$150,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2021
Closed on
Mar 27, 2021
Sold by
Murphy Laurie A
Bought by
Ferguson Leslie M
Seller's Agent
John Lettieri
Sun Realty - Avon
Buyer's Agent
John Lettieri
Sun Realty - Avon
List Price
$350,000
Sold Price
$358,500
Premium/Discount to List
$8,500
2.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2012
Sold by
Grier Lawrence E and Grier Catherine C
Bought by
Ferguson Mchael T and Ferguson Leslie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,665
Interest Rate
3.58%
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
Carolyn E Mcmurphy Revocable Trust -- Dixon & Dixon Law Offices Pllc
Mcmurphy Carolyn Elaine $358,500 Lawyers Title
Ferguson Leslie M -- None Available
Ferguson Mchael T $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcmurphy Carolyn Elaine $150,000
Previous Owner Ferguson Mchael T $175,665
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $358,500 +2.4% $341 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
02/28/2021 02/28/21 For Sale $350,000 +601.4% $333 / Sq Ft
09/07/2012 09/07/12 Sold $49,900 0.0% --
05/19/2012 05/19/12 Pending -- -- --
05/10/2012 05/10/12 For Sale $49,900 -- --
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 $1,101 $232,000 $60,000 $172,000
2023 $1,422 $232,000 $60,000 $172,000
2022 $1,399 $232,000 $60,000 $172,000
2021 $1,375 $232,000 $60,000 $172,000
2020 -- $232,000 $60,000 $172,000
2019 -- $181,600 $54,400 $127,200
2018 -- $181,600 $54,400 $127,200
2017 $1,253 $181,600 $54,400 $127,200
2016 $1,180 $181,600 $54,400 $127,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 113105

Outer Banks Association of REALTORS®

APN: 014271001