NOT LISTED FOR SALE

279 Sunset Dr Ocracoke, NC 27960

Estimated Value: $369,000 - $610,000

2 Beds
2 Baths
1,120 Sq Ft
$408/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $339,000 $303 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,664/month

609 Days on Market

Highlights

  • Coastal Architecture
  • Cathedral Ceiling
  • Main Floor Bedroom
  • Ocracoke School Rated 9+
  • Wood Flooring
  • Furnished

About This Home

As of May 2019

A charming 2 bedroom/ 2 bath cedar-shake home on Sunset Drive. Beautiful wood floors in the kitchen, living room, dining area and bedrooms. Spacious open kitchen, living and dining area with cathedral ceilings and access to 2 large screened porches. Gracious bedrooms, a master suite, abundant cabinetry in kitchen, ceiling fans, great exterior spaces and juniper wainscoting in the living/dining area and hallway. Beach Therapy is within walking distance to restaurants, retail shops and galleries. This is your chance to own an easily maintained turn key rental or primary home. Single floor living, great for mature buyers or a small family.

Last Agent to Sell the Property

Martha Garrish

Village Realty Holdings dba Ocracoke Island Realty License #148274 Listed on: 08/18/2017

Last Buyer's Agent

Ruth Fordon

Ocracoke's Lightship Realty License #121299

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,740

Year Built

  • Built in 1995

Lot Details

  • 7,300 Sq Ft Lot
  • Lot Dimensions are 111 x 80 x 50 x 111
  • Level Lot
  • Property is zoned Mixed

Home Design

  • Coastal Architecture
  • Beach Box Architecture
  • Cottage
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,120 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • 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

  • Built by Larry Ihle

Listing and Financial Details

  • Tax Lot # 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,740

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box, Coastal, Cottage
  • Directions: From HWY 12 S make right at Back Rd., right at Sunset Dr., the subject is second home from end on left.
  • Extras: Ceiling Fan(s), Covered Decks, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Lawrence F. Ihle Subdivision
  • Headline: Great outdoor spaces!!!
  • Heated Sq Ft: 1120
  • L V T Date: 08/18/2017
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: Mixed
  • Deed Book Pg Number: 844
  • Office License Number: C26996
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 1
  • Kitchen: On Level: 1
  • Countertops: Laminate
  • Floor Coverings: Ceramic Tile, Wood, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Ensuite
  • Dining Room: On Level: 1
  • Living Room: On Level: 1

Exterior Features

  • Homebuilder: Larry Ihle
  • Construction: Wood
  • Covered Deck Size: 84
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: 460
  • Street Frontage: 111
  • Sun Deck Size: 169

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 7300
  • Lot Description: Level
  • Lot Size: 111 x 80 x 50 x 111
  • Lot Number: Lot# 2
  • Estimated Lot Size: 0.17
  • Deed Book: 256

Rental Info

  • Est Annual Rental Income: 29163
  • Estimated Rental Performance: 0.086
  • Lease Terms: Weekly
  • Rental Co: Ocracoke Island Realty
  • Rental Cottage Name: Beach Therapy
  • Rental Cottage Number: UT 54
  • Rental Phone Number: 252-928-6261
  • Rental Turnover Day: Sun

Building Info

  • Year Built: 1995

Tax Info

  • Year: 2017
  • Taxes: 1740

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2017
Closed on
May 23, 2019
Sold by
Silverwater Traders Llc
Bought by
Georgia James Christopher and Georgia James
Seller's Agent
Martha Garrish
Village Realty Holdings dba Ocracoke Island Realty
Buyer's Agent
Ruth Fordon
Ocracoke's Lightship Realty
List Price
$339,000
Sold Price
$339,000
Current Estimated Value
$457,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,000
Avg. Annual Appreciation
4.64%
Original Mortgage
$150,000
Outstanding Balance
$131,612
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$325,388

Purchase Details

Closed on
Jun 5, 2013
Sold by
Oakes Robert O and Sharp Sophia F
Bought by
Silverwater Traders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,191
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2005
Sold by
Stevens William E
Bought by
Nolan Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Georgia James Christopher $195,000 None Available
Silverwater Traders Llc -- None Available
Nolan Michael P $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Georgia James Christopher $150,000
Previous Owner Silverwater Traders Llc $321,191
Previous Owner Nolan Michael P $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2019 05/30/19 Sold $339,000 0.0% $303 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
04/15/2019 04/15/19 Off Market $339,000 -- --
08/24/2018 08/24/18 For Sale $339,000 0.0% $303 / Sq Ft
08/24/2018 08/24/18 Price Changed $339,000 0.0% $303 / Sq Ft
08/19/2018 08/19/18 Off Market $339,000 -- --
11/07/2017 11/07/17 For Sale $349,000 0.0% $312 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $349,000 -- $312 / 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 $3,242 $344,855 $172,800 $172,055
2023 $2,456 $227,341 $112,500 $114,841
2022 $2,150 $235,024 $112,500 $122,524
2021 $1,915 $235,024 $112,500 $122,524
2020 $1,857 $235,024 $112,500 $122,524
2019 $1,857 $235,024 $112,500 $122,524
2018 $1,833 $235,024 $112,500 $122,524
2017 $2,297 $353,342 $221,000 $132,342
2016 $2,297 $353,342 $221,000 $132,342
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: 97514

Outer Banks Association of REALTORS®

APN: 9501502105