Seller's Agent in 2021
Michelle Huffman
Huffman Coastal Properties
(252) 599-0788
1 in this area
48 Total Sales
25257 Lee O'Neal Ln Waves, NC 27982
Waves Neighborhood
7
Beds
8
Baths
3,612
Sq Ft
0.46
Acres
Highlights
- Beach Front
- Concrete Pool
- Coastal Architecture
- Ocean View
- Second Refrigerator
- Cathedral Ceiling
About This Home
As of September 2021"1st Wave" boasts 145 feet of ocean frontage found at the end of a quiet cul-de-sac, allowing for some privacy and unobstructed views. The large pool is surrounded by plenty of patio area for sunbathers and has a tiki bar so you may enjoy a cool drink in the shade. Guests also love the ground level game room with a pool table, wet bar with full refrigerator, and a comfortable media area with large screen home theater system. This lower level also includes a bunk room and a king master suite, plus hall bath and laundry area. The middle floor has two more king master bedrooms/baths, a queen bedroom and double twin bedroom which share an attached half bath and a hall bath. The top floor master would suit any king who wants to wake up to beautiful ocean views through the numerous windows and sliders. You and your guests will be impressed with the expansive wall of windows in the living area that showcases the ocean and wide beach out front. When it is cold outside, you can still soak up the views from right in front of the fireplace in the living room. The kitchen has granite tops, stainless appliances, a gas stove, double sinks and double dishwashers that can handle the crowd. Everyone can gather for meals at the big dining table, breakfast bar, or screened porch and open decks with picnic tables. A few can escape for a game of cards in the loft area. 1st Wave is tastefully decorated, stands tall and wide on an extra wide oceanfront lot, offers amenities rental guests have come to expect, and exceeds expectations in terms of rental income. 2017 pre-bookings total $119,480 in advertised rental income rates as of January which is expected to continue to grow as available April, May, October and November dates continue to book. Act now and make all of that rental income work to your benefit this season. Take the 360* virtual tour at http://tinyurl.com/1stWave360tour.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,539
Year Built
- Built in 1998
Lot Details
- 0.46 Acre Lot
- Beach Front
- 145 Feet of Waterfront
- Landscaped
- Level Lot
Parking
- Paved Parking
Property Views
- Ocean Views
- Views of a Sound
Home Design
- Coastal Architecture
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Shake Siding
- Piling Construction
Interior Spaces
- 3,612 Sq Ft Home
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Living Room
- Dining Room
- Game Room
- Screened Porch
- Utility Room
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Ice Maker
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Laminate
- Cork
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
Laundry
- Dryer
- Washer
Pool
- Concrete Pool
- In Ground Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Covered Deck
- Exterior Lighting
- Tiki or Chickee Hut
- Storage Shed
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Fuel Tank
- Private or Community Septic Tank
Community Details
- Cottage Court Subdivision
Listing and Financial Details
- Tax Lot 2
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2021
Closed on
Aug 11, 2021
Sold by
Drosos Anthony G and Drosos Brittany E
Bought by
Rogerson John C and Rogerson Diane M
Seller's Agent
Michelle Huffman
Huffman Coastal Properties
Buyer's Agent
Gail Sabato
Sun Realty - KDH
List Price
$1,350,000
Sold Price
$1,400,000
Premium/Discount to List
$50,000
3.7%
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
$318,636
Avg. Annual Appreciation
5.21%
Original Mortgage
$728,000
Outstanding Balance
$559,426
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$1,159,210
Purchase Details
Closed on
Apr 21, 2020
Sold by
Northern Virginia Grounds Llc
Bought by
Drosos Anthony G and Drosos Brittany E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 20, 2017
Closed on
May 12, 2017
Sold by
Jasinski David A and Glowacky John L
Bought by
Northern Virginia Grounds Llc
Seller's Agent
Carla Reynolds
NC 12 Realty
Buyer's Agent
Sarah Brown
Keller Williams - Outer Banks
List Price
$995,000
Sold Price
$960,000
Premium/Discount to List
-$35,000
-3.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%
Purchase Details
Closed on
Nov 11, 2010
Sold by
Flagstar Bank Fsb
Bought by
Jasinski David A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 31, 2010
Sold by
Hedberg David J and Hedberg Barbara J
Bought by
Flagstar Bank Fsb
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,400,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Special Warranty Deed | $625,000 | None Available | |
| Trustee Deed | $565,250 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $728,000 | New Conventional | |
| Previous Owner | $735,000 | New Conventional | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $909,900 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2021 09/01/21 | Sold | $1,400,000 | +3.7% | $395 / Sq Ft |
| 07/19/2021 07/19/21 | Pending | -- | -- | -- |
| 07/09/2021 07/09/21 | For Sale | $1,350,000 | +40.6% | $380 / Sq Ft |
| 05/18/2017 05/18/17 | Sold | $960,000 | -3.5% | $266 / Sq Ft |
| 04/02/2017 04/02/17 | Pending | -- | -- | -- |
| 01/20/2017 01/20/17 | For Sale | $995,000 | -- | $275 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $7,035 | $1,084,200 | $395,300 | $688,900 |
| 2023 | $4,342 | $1,111,756 | $395,300 | $716,456 |
| 2022 | $8 | $1,111,756 | $395,300 | $716,456 |
| 2021 | $6,590 | $1,111,756 | $395,300 | $716,456 |
| 2020 | $5,865 | $1,111,756 | $395,300 | $716,456 |
| 2019 | $5,865 | $827,900 | $379,000 | $448,900 |
| 2018 | $0 | $827,900 | $379,000 | $448,900 |
| 2017 | $5,880 | $827,900 | $379,000 | $448,900 |
| 2016 | $5,525 | $827,900 | $379,000 | $448,900 |
| 2014 | $5,379 | $827,900 | $379,000 | $448,900 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Huffman
-
G
Buyer's Agent in 2021
Gail Sabato
Sun Realty - KDH
-
Carla Reynolds
Seller's Agent in 2017
Carla Reynolds
NC 12 Realty
(252) 996-0403
4 in this area
140 Total Sales
-
Trafton Reynolds
Seller Co-Listing Agent in 2017
Trafton Reynolds
NC 12 Realty
(252) 996-0104
5 in this area
157 Total Sales
-
Sarah Brown
Buyer's Agent in 2017
Sarah Brown
Keller Williams - Outer Banks
(252) 202-4251
87 Total Sales
-
Betty Neal
B
Buyer Co-Listing Agent in 2017
Betty Neal
Keller Williams - Outer Banks
(252) 202-5279
82 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 94908
APN: 014266002
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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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