NOT LISTED FOR SALE

25221 La Waves Dr Waves, NC 27982

Waves Neighborhood

Estimated Value: $908,963 - $1,038,000

6 Beds
6 Baths
3,302 Sq Ft
$290/Sq Ft Est. Value

Last Sold January 25, 2022

Last sale price $835,000 $253 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,237/month

6 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Cathedral Ceiling
  • Beach Access
  • Coastal Architecture
  • Wood Flooring

About This Home

As of January 2022

Do NOT miss out on this opportunity to own this beautiful well kept and updated “SPLISH SPLASH” Situated just two lots back from the oceanfront in Waves, in a quiet cul-de-sac, this spacious home offers everything you are looking for. Ample gathering space to bring the whole family together on the top level open living, dining and kitchen. Perfect for entertaining or just relaxing while enjoying the views out of the bay windows. 6 LARGE Bedrooms (2 are Masters) 4 Full and 2 Half Baths. 3 bedrooms open onto a shaded deck and 1 Bedroom opens to a covered porch. Enjoy all of the amenities this house has to offer- Private Pool, Hot Tub, Large Game Room with Pool Table, Sand Volleyball Court, Basketball Hoop, Outdoor Shower, 2 Carports, and just steps away from the Beach. No wonder this property is such a stellar rental performer with more than $64K in rents for 2021 and more than $48K already booked for 2022!! Don't let this opportunity pass you by! Come and visit SPLISH SPLASH today!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 10/23/2021

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 10/23/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,550

Year Built

  • Built in 2001

Lot Details

  • 0.34 Acre Lot
  • Ocean Front
  • Property fronts a private road
  • Cul-De-Sac
  • Property is zoned S-1

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,302 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Covered Deck

Utilities

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

Community Details

  • La Waves Subdivision

Listing and Financial Details

  • Tax Lot 11

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,550

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Shower, Dry Entry, Inside Laundry Room
  • Flood Zone: Shaded X
  • Headline: OCEANVIEW "SPLISH SPLASH"
  • Heated Sq Ft: 3302
  • L V T Date: 10/23/2021
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: S-1
  • Advertised Income 2020: 53355
  • Advertised Income 2021: 64785
  • Advertised Income 2022: 48355
  • Deed Book Pg Number: 0190
  • 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, Washer
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Washer Connection
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame
  • Exterior: Aluminum, Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

Utilities

  • Cooling: Central
  • Heating: Electric, Forced Air
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Cul-de-sac
  • Lot Faces: 0.34
  • Lot Size: 15000
  • Lot Number: Lot 11
  • Estimated Lot Size: 0.34
  • Deed Book: 1844

Rental Info

  • Est Annual Rental Income: 58185
  • Estimated Rental Performance: 0.0697
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Splish Splash
  • Rental Cottage Number: 264
  • Rental Phone Number: 252-995-5801
  • Rental Turnover Day: Saturday
  • Rental Contact Email: kimberley@surforsound.com
  • Rental Contact Name: Kimberly H
  • Rental Contact Phone: 252-987-5119

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2021
  • Taxes: 3550.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2021
Closed on
Jan 11, 2022
Sold by
Madonna Anthony P and Madonna Mary A
Bought by
Crook Jonathan Barrett and Do Diem T
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$815,000
Sold Price
$835,000
Premium/Discount to List
$20,000
2.45%
Current Estimated Value
$956,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,241
Avg. Annual Appreciation
3.50%
Original Mortgage
$300,000
Outstanding Balance
$276,325
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$679,916

Purchase Details

Closed on
Sep 28, 2010
Sold by
Nguyen Martino and Tieu Cyanne
Bought by
Madonna Anthony P and Madonna Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,730
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2006
Sold by
Russotto David S and Russotto Laurie R
Bought by
Nguyen Martino and Tieu Cyanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
9%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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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
Crook Jonathan Barrett $4,175,000 None Listed On Document
Madonna Anthony P $454,000 None Available
Nguyen Martino $787,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crook Jonathan Barrett $300,000
Previous Owner Madonna Anthony P $308,730
Previous Owner Nguyen Martino $590,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2022 01/25/22 Sold $835,000 +2.5% $253 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/23/2021 10/23/21 For Sale $815,000 -- $247 / 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 $2,826 $849,800 $229,100 $620,700
2024 $1,895 $581,500 $146,300 $435,200
2023 $2,329 $598,908 $146,300 $452,608
2022 $3,610 $598,908 $146,300 $452,608
2021 $3,550 $598,908 $146,300 $452,608
2020 $3,542 $598,908 $146,300 $452,608
2019 $4,027 $562,900 $142,000 $420,900
2018 $4,027 $562,900 $142,000 $420,900
2017 $4,027 $562,900 $142,000 $420,900
2016 $3,794 $562,900 $142,000 $420,900
2014 $3,794 $562,900 $142,000 $420,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116577

Outer Banks Association of REALTORS®

APN: 014277018