$500,000
SOLD SEP 12, 2023

300 Lighthouse Rd Ocracoke, NC 27960

1 Bed
1 Bath
1,705 Sq Ft
9,025 Sq Ft Lot

Recently Sold

$293 Per Sq Ft

5% Below List Price

156 Days on Market

Highlights

  • Corner Lot
  • Covered Deck
  • Ceiling Fan
  • Furnished
  • Central Air
  • Wood Siding

About This Home

As of September 2023

Own a piece of Ocracoke history! The original Albert Styron's Store is a historic property located in the "Down Point" area of the village, just steps from the Ocracoke Lighthouse! This retail or residential building (see Brokers notes) has original woodwork with beautiful updates throughout. There have been renovations and changes through the history of the property (1920, 1984 & 2018.) It's been home to a store, carry-out deli, ice cream & retail gift shop and printing business. Large storefront has plenty of space to continue retail or business opportunities. This unique property also has a one bedroom/one bath studio apartment with an open floor plan. Tastefully decorated with a newly installed kitchen, dining, living area and bathroom. The blend of modern finishes and furnishings create a warm, fresh and inviting interior. With the completion of a few renovations, this one of a kind property is a great opportunity to live and work within one property on the island.

Last Agent to Sell the Property

Martha Garrish

Village Realty Holdings dba Ocracoke Island Realty License #148274 Listed on: 01/30/2023

Last Buyer's Agent

Martha Garrish

Village Realty Holdings dba Ocracoke Island Realty License #148274 Listed on: 01/30/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 1920

Lot Details

  • 9,025 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Historic Home
  • Property is zoned Mixed

Home Design

  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 1,705 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Deck

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot D

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,200

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Historic
  • Directions: From Hwy 12 S make a left @ Lighthouse Road, follow Lighthouse Road until you see Creek Road. The subject property is on the right at the corner of Lighthouse Road and Creek Road.
  • Extras: Ceiling Fan(s), Covered Decks, Smoke Detector(s)
  • Subdivision Name: Albert M. Styron Heirs
  • Headline: Historic w/upgrades!
  • Heated Sq Ft: 1705
  • L V T Date: 01/30/2023
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: Mixed
  • Deed Book Pg Number: 789
  • 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

  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 1
  • Foundation: Piling
  • Full Bathrooms: 1
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments

Exterior Features

  • Construction: Wood
  • Exterior: Wood
  • Roof: Asphalt/Fiber Shingle

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 9025
  • Lot Description: Corner, Easement(s), Level
  • Lot Number: Lot D
  • Estimated Lot Size: 0.21
  • Deed Book: 276

Building Info

  • Year Built: 1920

Tax Info

  • Year: 2022
  • Taxes: 2200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Sep 12, 2023
Sold by
Ballance David Wayne and Ballance Marie Jennette
Bought by
Lysaght Gary
Seller's Agent
Martha Garrish
Village Realty Holdings dba Ocracoke Island Realty
Buyer's Agent
Martha Garrish
Village Realty Holdings dba Ocracoke Island Realty
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Views
725
Current Estimated Value
$424,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,730
Avg. Annual Appreciation
-8.41%
Original Mortgage
$150,000
Outstanding Balance
$147,162
Interest Rate
6.81%
Mortgage Type
Seller Take Back
Estimated Equity
$277,108

Purchase Details

Closed on
Dec 21, 2004
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Deed $37,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2023 09/12/23 Sold $500,000 -4.8% $293 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $525,000 -- $308 / 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 $3,471 $0 $0 $0
2023 $2,512 $232,854 $190,000 $42,854
2022 $2,200 $240,404 $190,000 $50,404
2021 $1,959 $240,404 $190,000 $50,404
2020 $1,899 $240,404 $190,000 $50,404
2019 $1,899 $240,404 $190,000 $50,404
2018 $1,875 $240,404 $190,000 $50,404
2017 $2,082 $320,290 $260,000 $60,290
2016 $2,082 $320,290 $260,000 $60,290
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: 121286

Outer Banks Association of REALTORS®

APN: 9500185196