$860,000
SOLD OCT 20, 2015

25226 La Waves Dr Waves, NC 27982

Waves Neighborhood
7 Beds
7 Baths
3,915 Sq Ft
0.52 Acres

Recently Sold

$220 Per Sq Ft

9% Below List Price

294 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Furnished
  • Ocean View
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of January 2024

Come Check out this Awesome Oceanfront home On La Waves Dr, and fulfill your dream of owning a Hatteras Island Home, with great rentals. This home unassuming and worth every minute of your time to preview it. Call you agent today and schedule your tour.

Last Agent to Sell the Property

John Head

Resort Realty - Frisco License #187858 Listed on: 11/25/2014

Last Buyer's Agent

Mike Bishal

Great Escapes Vacations & Sales License #201359

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,282

Year Built

  • Built in 1999

Lot Details

  • 0.52 Acre Lot
  • Beach Front
  • 78 Feet of Waterfront
  • Level Lot

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,915 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Bay Window
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Ice Maker
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Community Details

  • Built by Doug Hinson
  • La Waves Subdivision

Listing and Financial Details

  • Tax Lot #14

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,282

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Handicap Friendly, Hot Tub, Sun Deck
  • Flood Zone: AE
  • Headline: Awesome Oceanfront Home
  • Heated Sq Ft: 3915
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0222
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 7
  • Countertops: Granite, Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Bay/Bow Window, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: Doug Hinson
  • Construction: Frame, Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Gunite
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 37
  • View: Ocean
  • Water Frontage: 78

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Forced Air, Heat Pump, Zoned
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 22500
  • Lot Description: Beach Frontage, Level
  • Lot Number: Lot #14
  • Deed Book: 1920

Rental Info

  • Est Annual Rental Income: 91348
  • Estimated Rental Performance: 0.1062
  • Lease Terms: Weekly
  • Other Expenses: 404100
  • Rental Co: Midgett Realty
  • Rental Cottage Name: Mar Lago
  • Rental Phone Number: 252-986-6391
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2014
  • Taxes: 6281.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2023
Closed on
Jan 27, 2024
Sold by
Fraelich Timothy P and Fraelich Michelle
Bought by
25226 Law Waves Llc
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Nelene Gibbs
Nelene Gibbs Real Estate, LLC,
List Price
$1,950,000
Sold Price
$1,850,000
Premium/Discount to List
-$100,000
-5.13%
Total Days on Market
294
Views
18
Current Estimated Value
$1,477,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$372,198
Avg. Annual Appreciation
-5.61%

Purchase Details

Listed on
Nov 25, 2014
Closed on
Oct 16, 2015
Sold by
Gelhausen Paul A and Gelhausen Jenny L
Bought by
Fraelich Timothy P and Fraelich Michelle
Seller's Agent
John Head
Colony Realty Corp - Frisco
Buyer's Agent
Mike Bishal
Great Escapes Vacations & Sales
List Price
$949,000
Sold Price
$860,000
Premium/Discount to List
-$89,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Original Mortgage
$774,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2013
Sold by
Gelhausen Paul A and Gelhausen Jenny L
Bought by
Gelhausen Paul A and Gelhausen Jenny L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
3.39%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $9,250,000 None Listed On Document
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $774,000 New Conventional
Previous Owner $416,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $1,850,000 -5.1% $475 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $1,950,000 0.0% $501 / Sq Ft
01/18/2024 01/18/24 Price Changed $1,950,000 -18.8% $501 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
12/13/2023 12/13/23 For Sale $2,400,000 +179.1% $616 / Sq Ft
10/20/2015 10/20/15 Sold $860,000 -9.4% $220 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
11/25/2014 11/25/14 For Sale $949,000 -- $242 / 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 $6,275 $969,700 $421,500 $548,200
2023 $6,077 $991,628 $421,500 $570,128
2022 $5,978 $991,628 $421,500 $570,128
2021 $5,878 $991,628 $421,500 $570,128
2020 $5,864 $991,628 $421,500 $570,128
2019 $6,669 $940,100 $404,100 $536,000
2018 $6,669 $940,100 $404,100 $536,000
2017 $6,669 $940,100 $404,100 $536,000
2016 $6,282 $940,100 $404,100 $536,000
2014 $6,282 $940,100 $404,100 $536,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 85978

Outer Banks Association of REALTORS®

APN: 014277011