NOT LISTED FOR SALE

25244 Island Pine Dr Waves, NC 27982

Estimated Value: $992,000 - $1,101,218

6 Beds
5.5 Baths
3,808 Sq Ft
$276/Sq Ft Est. Value

Last Sold June 12, 2015

Last sale price $632,500 $166 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,885/month

67 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Coastal Architecture
  • Ocean Front
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of June 2015

Beautiful Oceanfront with all the bells and whistles...Large Recreation Room w/Billiards Table and Entertainment Area, 14’ x 32’ Private Heated Pool, 6 Person Hot Tub, Expansive Decks, Screen Porch, Grand Master Suite (top level) and some of the most beautiful beaches on the Outer Banks are right out the back door. This home has been very well maintained and some of the recent improvements and updates include: New Stainless Steel Appliances, New Sliding Glass Doors, Full HVAC Systems Replacement, New Carpeting, Interior Painting throughout, New Hot Tub, as well as Walkways and Hardscaping. While the current owners have elected to limit reservations to June - August, the property management company projects this home to produce $75,090 for 2015 with the rental calendar opened up. In fact, when the rental calendar was left open in 2008 this home produce $72,609.91 in actual rents. Purchase now and start collecting rental income...already has over $55,000 on the books for 2015 as of 3/5/2015.

Last Agent to Sell the Property

Rob Petty

Outer Banks Home Group License #224417 Listed on: 03/05/2015

Co-Listed By

Cara Muglia

SERHANT North Carolina LLC License #236062

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,641

Year Built

  • Built in 2000

Lot Details

  • 0.46 Acre Lot
  • Ocean Front
  • Level Lot

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 3,808 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 8

Community Details

Overview

  • Built by Sandalwood Construction
  • Island Pines Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,641

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Hwy 12 to Waves, turn onto Island Pines Drive, go to the end and look for sign
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Island Pines Subdivision
  • Headline: "Nearly $50K Under Tax Value"
  • Heated Sq Ft: 3808
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0313
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Sandalwood Construction
  • Construction: Frame, Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Home Owner Dwelling Insurance: 4360

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: Cul-de-Sac
  • Lot Number: Lot 8
  • Deed Book: 1829

Rental Info

  • Est Annual Rental Income: 75090
  • Estimated Rental Performance: 0.1187
  • Flood Expenses: 502
  • Lease Terms: Weekly
  • Maintenance Expenses: 3167
  • Other Expenses: 227400
  • Other Expenses2: 260
  • Poolspa Expense: 3200
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Roundin' Third
  • Rental Cottage Number: 84
  • Rental Phone Number: 252-987-1444
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 965
  • Annual Electric: 4388
  • Annual Telephone Expense: 457
  • Annual Water Expense: 1046

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2014
  • Taxes: 4641.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2025
Sold by
Pang Qingyan and Pang Lesley
Bought by
Adkins Jerry Lee and Adkins Carma D
Current Estimated Value
$1,051,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$797,222
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$254,333

Purchase Details

Listed on
Mar 5, 2015
Closed on
Jun 9, 2015
Sold by
Hearn Larry A and Hearn Karen L
Bought by
Pang Qingyan and Pang Lesley
Seller's Agent
Rob Petty
Outer Banks Home Group
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$649,900
Sold Price
$632,500
Premium/Discount to List
-$17,400
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%

Purchase Details

Closed on
Feb 24, 2010
Sold by
Vial George P
Bought by
Hearn Larry A and Hearn Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Adkins Jerry Lee $1,000,000 None Listed On Document
Pang Qingyan -- Wheless & Wheless Pllc
Hearn Larry A $514,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adkins Jerry Lee $800,000
Previous Owner Hearn Larry A $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2015 06/12/15 Sold $632,500 -2.7% $166 / Sq Ft
05/11/2015 05/11/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $649,900 -- $171 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $5,100 $1,152,600 $375,500 $777,100
2024 $4,971 $762,400 $237,200 $525,200
2023 $4,814 $783,408 $237,200 $546,208
2022 $4,722 $783,408 $237,200 $546,208
2021 $4,656 $783,408 $237,200 $546,208
2020 $4,633 $783,408 $237,200 $546,208
2019 $5,081 $712,500 $227,400 $485,100
2018 $5,098 $712,500 $227,400 $485,100
2017 $5,098 $712,500 $227,400 $485,100
2016 $4,787 $712,500 $227,400 $485,100
2014 $4,641 $691,200 $227,400 $463,800
Source: Public Records

Agents Affiliated with this Home

  • Rob Petty

    Seller's Agent in 2015

    Rob Petty

    Outer Banks Home Group

    (252) 256-2830

    2 in this area

    45 Total Sales

    Rob Petty
    Section Image
  • Cara Muglia

    Seller Co-Listing Agent in 2015

    Cara Muglia

    SERHANT North Carolina LLC

    (252) 599-1246

    26 Total Sales

    Cara Muglia
    Section Image
  • Trisha Midgett

    Buyer's Agent in 2015

    Trisha Midgett

    Midgett Realty - Rodanthe

    (252) 996-0124

    64 in this area

    1,170 Total Sales

    Trisha Midgett
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 87040

Outer Banks Association of REALTORS®

APN: 014250008

North Carolina Dare County Waves 27959

25244 Island Pine Dr, Waves, NC

Not Listed for Sale

Detached

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