NOT LISTED FOR SALE

27 Far Away Oaks Ocracoke, NC 27960

Estimated Value: $632,000 - $1,193,000

3 Beds
2 Baths
2,060 Sq Ft
$460/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $565,000 $274 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,834/month

82 Days on Market

Highlights

  • Private Dock
  • 0.57 Acre Lot
  • Wood Flooring
  • Views of a Sound
  • Home fronts a canal
  • Main Floor Bedroom

About This Home

As of May 2019

Looking for privacy, water access, docking and an uniquely designed home? This is the one for you! Faraway Oaks is enveloped in lovely old Live Oaks, has over 200 ft. of canal frontage, views galore and located tucked away off a private road in coveted Sound Shores. 3 bedrooms, 2 baths; the interior walls are a mixture of tongue and groove juniper wood, exposed brick, tile and sheet-rock. Truly one of a kind! The original builder/owner was very artistic; the attention to detail in design and materials is evident throughout the home. Huge canalfront deck with built-in seating for relaxing, bird-watching or entertaining. Innovative bulkhead, dock, large attached 2 car garage, cooks kitchen with gracious counter space and plenty of cabinets. The foundation consists of a thick concrete slab! Proven rental history but would make a delightful year-round home as well. A must see!

Last Agent to Sell the Property

Martha Garrish

Village Realty Holdings dba Ocracoke Island Realty License #148274 Listed on: 01/26/2019

Last Buyer's Agent

* **Not a Member

**Not a Member License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,980

Year Built

  • Built in 1975

Lot Details

  • 0.57 Acre Lot
  • Home fronts a canal

Property Views

  • Views of a Sound
  • Canal Views

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 2,060 Sq Ft Home
  • Window Treatments
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Private Dock

Utilities

  • Central Heating and Cooling System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Sound Shores Subdivision

Listing and Financial Details

  • Tax Lot # 11

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,980

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Directions: From Hwy 12 S turn right on Back Rd., right on Sunset Dr., left on Cutting Sage, right on Tom Neal Dr., left on Far Away Oaks.
  • Extras: Outside Shower, Smoke Detector(s), Sun Deck, Boat Dock
  • Flood Zone: AE
  • Headline: Canalfront, dock, views!
  • Heated Sq Ft: 2060
  • L V T Date: 01/27/2019
  • Sale/Rent: For Sale
  • Waterfront Location: Canalfront
  • Zoning: Res
  • Deed Book Pg Number: 428
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26996
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Bedrooms: 3
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Kitchen: On Level: 1
  • Countertops: Laminate
  • Floor Coverings: Carpet, Parquet, Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: All Window Treatments
  • Dining Room: On Level: 1
  • Living Room: On Level: 1
  • Optional Rooms: Sun/Florida Room

Exterior Features

  • Roof: Asphalt/Fiber Shingle
  • View: Canal, Sound, Salt Marsh

Garage/Parking

  • Garage: Attached

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 25000
  • Lot Description: Bulkheaded, Easement(s), Water Frontage
  • Lot Number: Lot# 11
  • Estimated Lot Size: 0.57
  • Deed Book: 226

Rental Info

  • Est Annual Rental Income: 38000
  • Estimated Rental Performance: 0.0673
  • Lease Terms: Weekly
  • Rental Co: Ocracoke Island Realty
  • Rental Cottage Name: Far Away Oaks
  • Rental Cottage Number: OC 55
  • Rental Phone Number: 252-928-6261
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 1975

Tax Info

  • Year: 2018
  • Taxes: 3980

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2020
Sold by
Beasley Jerry Ray and Beasley Myra Respass
Bought by
Beasley Kevin and Beasley Kristina
Current Estimated Value
$947,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Outstanding Balance
$384,187
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$504,003

Purchase Details

Listed on
Jan 26, 2019
Closed on
May 23, 2019
Sold by
Faraway Oaks Llc
Bought by
Beasley Kevin and Beasley Kristina
Seller's Agent
Martha Garrish
Village Realty Holdings dba Ocracoke Island Realty
Buyer's Agent
* **Not a Member
**Not a Member
List Price
$599,000
Sold Price
$565,000
Premium/Discount to List
-$34,000
-5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$365,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Beasley Kevin -- None Available
Beasley Kevin $565,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beasley Kevin $430,000
Closed Beasley Kevin $365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $565,000 -5.7% $274 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
01/26/2019 01/26/19 For Sale $599,000 -- $291 / 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 $9,420 $1,002,096 $396,000 $606,096
2023 $5,332 $505,683 $264,000 $241,683
2022 $4,669 $510,250 $264,000 $246,250
2021 $4,159 $510,250 $264,000 $246,250
2020 $4,031 $510,250 $264,000 $246,250
2019 $4,031 $510,250 $264,000 $246,250
2018 $3,980 $510,250 $264,000 $246,250
2017 $4,509 $693,674 $420,000 $273,674
2016 $4,742 $693,674 $420,000 $273,674
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Martha Garrish

    Village Realty Holdings dba Ocracoke Island Realty

    (252) 921-0125

    103 in this area

    107 Total Sales

    Martha Garrish
    Section Image

  • *

    Buyer's Agent in 2019

    * **Not a Member

    **Not a Member

See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 103428

Outer Banks Association of REALTORS®

APN: 9501510374

North Carolina Hyde County Ocracoke 27960

27 Far Away Oaks, Ocracoke, NC

This home is located at 27 Far Away Oaks, Ocracoke, NC 27960 since 26 January 2019 and is currently estimated at $947,667, approximately $460 per square foot. This property was built in 1975. 27 Far Away Oaks is a home located in Hyde County with nearby schools including Ocracoke School.

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.

Outer Banks Association of REALTORS® 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.

Nearby Homes