Haley Winslow
Coldwell Banker Seaside Realty KH
(828) 268-3712
91 Total Sales
1 in Waves
$475,000 Price
25240 Island Pines Dr Waves, NC 27982
Waves AreaEstimated Value: $1,243,418 - $1,373,000
8
Beds
7.5
Baths
4,190
Sq Ft
$312/Sq Ft
Est. Value
Highlights
- Ocean Front
- Heated In Ground Pool
- Coastal Architecture
- Beach Access
- Second Refrigerator
- Cathedral Ceiling
About This Home
As of January 2024Investor's Dream - 12% ROI: "Island Pines" is more than a vacation home; it's an investment opportunity with a proven track record as a rental machine, boasting a 10% ROI. Nestled in the charming Island Pines subdivision of Waves, this semi-oceanfront stunner sits on a quiet cul-de-sac, mere steps from the beach, yet within minutes of all the dining, shopping, and entertainment the Tri-villages have to offer. This beautifully decorated and exquisitely maintained 8-bedroom home (5 are en-suites), featuring 7 full baths and 1 half bath, offers not only stunning views but also an array of amenities almost too numerous to mention. Let's try to cover them all: TWO outdoor showers, a private heated pool, a hot tub, a beautifully landscaped and partially wooded lot, and a HUGE first-level game room with a kitchenette, wet bar, full-size refrigerator, and microwave. The first floor also boasts TWO en-suites, sundecks, and covered decks, along with a mid-level laundry area for added convenience. Ascend to the upper level and you'll be greeted by an incredible open living space with gorgeous floors, cathedral ceilings, a fireplace, and floor-to-ceiling windows that flood the area with natural light. The fully equipped kitchen features TWO dishwashers and a large island, making it perfect for gatherings. The upper level also includes a en-suite with a jacuzzi tub, providing the ultimate in relaxation. And there's even more to explore! With TWO outdoor showers, a large private lot ideal for gatherings and outdoor games, "Island Pines" offers not just a vacation but a lifestyle. From here, it's a quick two-minute walk to the beach, and a few more minutes will take you to the Rodanthe pier, a deep-water fishing haven. Waves, NC is renowned for kite-surfing and windsurfing, and you're just a quick five-minute walk from lessons and equipment rentals. Don't miss out on the opportunity to own a piece of the Outer Banks that's not only a perfect vacation getaway but also a lucrative investment. Embrace the coastal lifestyle, cherish the ocean views, and indulge in all the recreational amenities this property has to offer. Schedule a viewing today!
Last Agent to Sell the Property
Midgett Realty - Rodanthe License #162204 Listed on: 10/11/2023
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,434
Year Built
- Built in 2003
Lot Details
- 20,000 Sq Ft Lot
- Ocean Front
- Property fronts a private road
- Cul-De-Sac
- Level Lot
- Property is zoned S-1
Home Design
- Coastal Architecture
- Contemporary Architecture
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Shake Siding
Interior Spaces
- 4,190 Sq Ft Home
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Loft
- Game Room
- Ocean Views
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Ice Maker
- Second Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- En-Suite Primary Bedroom
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Parking
- Paved Parking
- Off-Street Parking
Pool
- Heated In Ground Pool
- Spa
- Outdoor Shower
Outdoor Features
- Beach Access
- Sun Deck
- Covered Deck
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Private or Community Septic Tank
Community Details
- Island Pines Subdivision
Listing and Financial Details
- Tax Lot 9
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2023
Closed on
Jan 22, 2024
Sold by
Bought by
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$1,350,000
Sold Price
$1,264,000
Premium/Discount to List
-$86,000
-6.37%
Views
68
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,355
Avg. Annual Appreciation
1.26%
Original Mortgage
$1,011,200
Outstanding Balance
$985,237
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$320,118
Purchase Details
Listed on
Dec 20, 2021
Closed on
Jan 31, 2022
Sold by
Bought by
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$1,150,000
Sold Price
$1,150,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$920,000
Interest Rate
3.45%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 16, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Waves, NC
-
Haley Winslow
-
Robert Ladd
Robert Ladd
Twiddy and Co. - Duck
(252) 421-5155
42 Total Sales
2 in Waves
$830K - $870K Price Range
-
Rick Uhl
Rick Uhl
NC VA Land and Home Inc
(757) 909-6490
66 Total Sales
1 in Waves
$705,000 Price
-
Richard Tolson
Richard Tolson
RT Realty OBX, LLC
(252) 599-5418
56 Total Sales
1 in Waves
$639,900 Price
-
Trisha Midgett
Trisha Midgett
Responds QuicklyMidgett Realty - Rodanthe
(252) 650-8051
1,060 Total Sales
56 in Waves
$65K - $1.9M Price Range
-
Lynn Bulman
Lynn Bulman
Howard Hanna Outer Banks Realty
(252) 404-8028
284 Total Sales
1 in Waves
$884,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,264,000 | None Listed On Document | ||
| $6,900,000 | Malarney & Mccown Pllc | ||
| $950,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,011,200 | ||
| Previous Owner | $920,000 | ||
| Previous Owner | $650,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/23/2024 01/23/24 | Sold | $1,264,000 | -2.7% | $302 / Sq Ft | |
| 12/20/2023 12/20/23 | Pending | -- | -- | -- | |
| 11/11/2023 11/11/23 | Price Changed | $1,299,000 | -3.8% | $310 / Sq Ft | |
| 10/11/2023 10/11/23 | For Sale | $1,350,000 | +17.4% | $322 / Sq Ft | |
| 02/02/2022 02/02/22 | Sold | $1,150,000 | 0.0% | $274 / Sq Ft | View Prior Sale |
| 12/20/2021 12/20/21 | Pending | -- | -- | -- | |
| 12/20/2021 12/20/21 | For Sale | $1,150,000 | -- | $274 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,367 | $1,207,000 | $236,200 | $970,800 |
| 2024 | $4,579 | $699,500 | $150,800 | $548,700 |
| 2023 | $4,421 | $721,448 | $150,800 | $570,648 |
| 2022 | $4,349 | $721,448 | $150,800 | $570,648 |
| 2021 | $2,138 | $721,448 | $150,800 | $570,648 |
| 2020 | $4,267 | $721,448 | $150,800 | $570,648 |
| 2019 | $4,758 | $664,000 | $146,300 | $517,700 |
| 2018 | $3,965 | $664,000 | $146,300 | $517,700 |
| 2017 | $4,758 | $664,000 | $146,300 | $517,700 |
| 2016 | $4,482 | $664,000 | $146,300 | $517,700 |
| 2014 | $4,482 | $664,000 | $146,300 | $517,700 |
Source: Public Records
Agents Affiliated with this Home
-
Trisha Midgett
Seller's Agent in 2024
Trisha Midgett
Midgett Realty - Rodanthe
(252) 996-0124
1,060 Total Sales
-
John Mills
J
Buyer Co-Listing Agent in 2024
John Mills
Midgett Realty - Rodanthe
(252) 489-3215
189 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 123652
APN: 014250009
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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