NOT LISTED FOR SALE

Estimated Value: $491,000 - $548,000

3 Beds
2 Baths
1,410 Sq Ft
$366/Sq Ft Est. Value

Last Sold January 07, 2015

Last sale price $207,500 $147 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $2,995/month

184 Days on Market

Highlights

  • Coastal Architecture
  • Tile Flooring
  • Forced Air Heating and Cooling System
  • Covered Deck
  • En-Suite Primary Bedroom
  • Ceiling Fan

About This Home

As of January 2015

Charming 3 bedroom, 2 bath home in a quiet year round neighborhood! Perfect for a year round or weekend getaway! With close proximity to dining, shopping, schools and a short drive to beach access!

Last Agent to Sell the Property

Clarence Gibbs

Gibbs Realty & Construction, LLC License #196474 Listed on: 05/23/2014

Last Buyer's Agent

Cory Taylor

Southern Shores Realty License #225898

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,575

Year Built

  • Built in 2008

Lot Details

  • Level Lot

Parking

  • Paved Parking

Home Design

  • Coastal Architecture
  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,410 Sq Ft Home
  • Ceiling Fan
  • Oven or Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Community Details

  • Ocean Acres Tract 3 Subdivision

Listing and Financial Details

  • Tax Lot 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,575

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box, Coastal
  • Extras: Ceiling Fan(s), Covered Decks, Sun Deck
  • Headline: Seller Financing Avail!
  • Heated Sq Ft: 1410
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 0339
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Bedrooms: 3
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Interior Amenities: Ensuite

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

  • Cooling: Central
  • Heating: Electric, Forced Air
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 12
  • Deed Book: 1727

Rental Info

  • Est Annual Rental Income: 13200
  • Estimated Rental Performance: 0.0636
  • Lease Terms: Month to Month
  • Other Expenses: 60600
  • Rental Co: Managed by Homeowner

Building Info

  • Year Built: 2008

Tax Info

  • Year: 2013
  • Taxes: 1574.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2014
Closed on
Jan 5, 2015
Sold by
Fantasy Rentals Llc
Bought by
Blanchard Michael and Blanchard Katherine
Seller's Agent
Clarence Gibbs
Gibbs Realty & Construction, LLC
Buyer's Agent
Cory Taylor
Southern Shores Realty
List Price
$237,500
Sold Price
$207,500
Premium/Discount to List
-$30,000
-12.63%
Current Estimated Value
$516,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,049
Avg. Annual Appreciation
8.95%
Original Mortgage
$207,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2007
Sold by
Orville Beach West Inc
Bought by
Fantasy Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,413
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 27, 2005
Sold by
Blake Matthew M and Blake Stacey D
Bought by
Orville Beach West Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.84%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Blanchard Michael -- Attorney
Fantasy Rentals Llc -- None Available
Orville Beach West Inc $268,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blanchard Michael $229,500
Closed Blanchard Michael $207,500
Previous Owner Fantasy Rentals Llc $95,413
Previous Owner Orville Beach West Inc $100,000
Previous Owner Blake Matthew M $69,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2015 01/07/15 Sold $207,500 -12.6% $147 / Sq Ft
11/23/2014 11/23/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $237,500 -- $168 / 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 $2,226 $294,700 $87,500 $207,200
2023 $2,226 $294,700 $87,500 $207,200
2022 $2,123 $294,700 $87,500 $207,200
2021 $2,123 $294,700 $87,500 $207,200
2020 $2,123 $294,700 $87,500 $207,200
2019 $1,824 $209,700 $60,600 $149,100
2018 $1,784 $209,700 $60,600 $149,100
2017 $1,784 $209,700 $60,600 $149,100
2016 $1,700 $209,700 $60,600 $149,100
2014 $1,638 $209,700 $60,600 $149,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 83800

Outer Banks Association of REALTORS®

APN: 008490000