NOT LISTED FOR SALE

255 Lighthouse Rd Ocracoke, NC 27960

Estimated Value: $405,000 - $679,000

4 Beds
3 Baths
1,527 Sq Ft
$377/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $535,000 $350 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,419/month

16 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Covered Deck
  • Ocracoke School Rated 9+
  • Main Floor Bedroom
  • Living Room

About This Home

As of February 2022

This charming historic 4 bedroom, 3 bath island home located near the Ocracoke Lighthouse is waiting for you to call home! The property has beautiful old gnarled live oaks. Also, there is an unique out building that would be perfect for an artist's studio. New in 2021: exterior LP smart siding and PVC window trim and corner boards, windows, interior and exterior painting, porch ceiling & deck boards & front steps. The "L" shape front/side covered porch is a great place for rocking chairs or porch swing to enjoy evenings or people watch. Wood floors, tiled bath/showers, beautiful original interior steps and banister, original interior doors, mini splits to heat/cool the downstairs and heat pump to heat/cool the upstairs. Open kitchen/dining, utility area, living room, bedroom and full bath on the first floor. 3 bedrooms and 2 bathrooms on the second floor.

Last Agent to Sell the Property

Martha Garrish

Village Realty Holdings dba Ocracoke Island Realty License #148274 Listed on: 12/24/2021

Last Buyer's Agent

Donna Drilling

Village Realty Holdings dba Ocracoke Island Realty License #182570

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,719

Year Built

  • Built in 1880

Lot Details

  • Level Lot
  • Historic Home
  • Property is zoned Mixed

Home Design

  • Traditional Architecture
  • Cottage
  • Asphalt Shingled Roof

Interior Spaces

  • 1,527 Sq Ft Home
  • Living Room
  • Dining Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Covered Deck
  • Storage Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,719

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Traditional, Historic, Cottage
  • Directions: From Hwy.12 S turn left on Lighthouse Rd., the subject property is on the left mid way down Lighthouse Rd.
  • Extras: Covered Decks, Smoke Detector(s), Storage Shed
  • Flood Zone: AE
  • Headline: Historic Ocracoke Home!!
  • Heated Sq Ft: 1527
  • L V T Date: 12/27/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: Mixed
  • Deed Book Pg Number: 72
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26996
  • Outer Banks Software: Yes
  • Short Term Rental Restrictions: No
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Kitchen: On Level: 1
  • Floor Coverings: Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Dryer Connection, Washer Connection
  • Dining Room: On Level: 1
  • Living Room: On Level: 1

Exterior Features

  • Covered Deck Size: 534 sq. ft
  • Roof: Asphalt/Fiber Shingle

Utilities

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

Lot Info

  • Lot Description: Easement(s), Level
  • Deed Book: 270

Building Info

  • Year Built: 1880

Tax Info

  • Year: 2021
  • Taxes: 1719

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2021
Closed on
Feb 7, 2022
Sold by
Faraway Properties Llc
Bought by
Fazekas Christopher Pearson and Fazekas Laura Anne
Seller's Agent
Martha Garrish
Village Realty Holdings dba Ocracoke Island Realty
Buyer's Agent
Donna Drilling
Village Realty Holdings dba Ocracoke Island Realty
List Price
$575,000
Sold Price
$535,000
Premium/Discount to List
-$40,000
-6.96%
Current Estimated Value
$575,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,205
Avg. Annual Appreciation
1.89%
Original Mortgage
$401,250
Outstanding Balance
$372,591
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$202,614

Purchase Details

Closed on
Jul 28, 2016
Sold by
Darty Linda Kaye
Bought by
Faraway Properties Llc

Purchase Details

Closed on
May 1, 2015
Sold by
Smith Terry A
Bought by
Darty Linda Kaye

Purchase Details

Closed on
Feb 20, 2009
Sold by
Itac 274 Llc
Bought by
Smith Terry A and Smith Linda Darty
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Fazekas Christopher Pearson $535,000 Wheless W Jay
Fazekas Christopher Pearson $535,000 None Listed On Document
Faraway Properties Llc -- Attorney
Darty Linda Kaye -- None Available
Smith Terry A $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fazekas Christopher Pearson $401,250
Closed Fazekas Christopher Pearson $401,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2022 02/25/22 Sold $535,000 -7.0% $350 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
12/24/2021 12/24/21 For Sale $575,000 -- $377 / 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 $4,984 $530,174 $233,600 $296,574
2023 $2,204 $210,212 $178,500 $31,712
2022 $1,930 $210,905 $178,500 $32,405
2021 $1,719 $210,905 $178,500 $32,405
2020 $1,666 $210,905 $178,500 $32,405
2019 $1,666 $210,905 $178,500 $32,405
2018 $1,645 $210,905 $178,500 $32,405
2017 $1,822 $280,237 $246,500 $33,737
2016 $1,822 $280,237 $246,500 $33,737
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117127

Outer Banks Association of REALTORS®

APN: 9500188101