NOT LISTED FOR SALE

Estimated Value: $301,000 - $616,377

2 Beds
2 Baths
1,629 Sq Ft
$290/Sq Ft Est. Value

Last Sold June 23, 2021

Last sale price $470,000 $289 Per Sq Ft

Current estimated payment $2,708/month

186 Days on Market

Highlights

  • Private Dock
  • Home fronts a sound
  • Wooded Lot
  • Views of a Sound
  • Coastal Architecture
  • Cathedral Ceiling

About This Home

As of June 2021

If you are looking for a truly one-of-a-kind property...this is the home for you!! Here is the opportunity to own your secluded piece of paradise on Tim's Island. Located on this beautiful island just off the Oregon Inlet in the Pamlico Sound, you will enjoy water views in every direction, including a beautiful view of the Bodie Island lighthouse. The property is powered by its own generator in a separate building away from the main house which also houses the well pump. Home boasts an on demand hot water heater and a bath with propane heater. Amenities include a private boat ramp; storage under the tower stairs; a beautiful brick porch; propane fireplace with granite hearth; bamboo hardwood floors; a tower/loft sitting area; cathedral ceilings and ceiling fans and well-planned kitchen with beautiful granite counter tops. The opportunities for this home are endless!! Check out the video tour to view the wonder of Tim Island and the unique qualities of this home!!! The lots next door are also for sale (lots 4 & 5).

Last Listed By

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 11/13/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,053

Year Built

  • Built in 2007

Lot Details

  • 0.38 Acre Lot
  • Home fronts a sound
  • Level Lot
  • Wooded Lot

Home Design

  • Coastal Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,629 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Loft
  • Views of a Sound

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Sun Deck
  • Private Dock
  • Covered Deck
  • Storage Shed

Utilities

  • Heating Available
  • Generator Hookup
  • Power Generator
  • Well
  • Fuel Tank
  • Private or Community Septic Tank

Community Details

  • Little Tim Isl Subdivision

Listing and Financial Details

  • Tax Lot 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,053

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Extras: Ceiling Fan(s), Covered Decks, Storage Shed, Sun Deck, Boat Dock, Generator Hookup
  • Flood Zone: VE
  • Subdivision Name: Little Tim Island
  • Headline: CHECK OUR VIDEO TOUR!!!
  • Heated Sq Ft: 1629
  • L V T Date: 11/13/2020
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 0472
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C0569
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Generator
  • Bedrooms: 2
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Gas Fireplace
  • Optional Rooms: Loft

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding
  • Roof: Asphalt/Fiber Shingle
  • View: Sound, Salt Marsh

Utilities

  • Heating: Electric
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Well

Lot Info

  • Estimated Lot Sq Ft: 16500
  • Lot Description: Level, Water Frontage, Wooded
  • Lot Number: Lot 3
  • Estimated Lot Size: 0.38
  • Deed Book: 1105

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2020
  • Taxes: 1053.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Jun 22, 2021
Sold by
Teague D Keith D and Teague Penny B
Bought by
Craig Daniel Lee and Craig Tonya Mechelle
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$550,000
Sold Price
$470,000
Premium/Discount to List
-$80,000
-14.55%
Total Days on Market
186
Current Estimated Value
$471,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,844
Avg. Annual Appreciation
0.10%

Range of Values:

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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
Craig Daniel Lee $470,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2021 06/23/21 Sold $470,000 -5.8% $289 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/04/2021 05/04/21 Price Changed $499,000 -9.3% $306 / Sq Ft
11/13/2020 11/13/20 For Sale $550,000 -- $338 / 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 $1,105 $192,300 $26,700 $165,600
2023 $770 $192,300 $26,700 $165,600
2022 $1,075 $192,300 $26,700 $165,600
2021 $1,056 $192,300 $26,700 $165,600
2020 $1,053 $192,300 $26,700 $165,600
2019 $914 $142,100 $20,500 $121,600
2018 $914 $142,100 $20,500 $121,600
2017 $914 $142,100 $20,500 $121,600
2016 $857 $142,100 $20,500 $121,600
2014 $857 $142,100 $20,500 $121,600
Source: Public Records

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Source: Outer Banks Association of REALTORS®

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APN: 029558000