NOT LISTED FOR SALE

345 Lighthouse Rd Ocracoke, NC 27960

Estimated Value: $528,000 - $658,000

3 Beds
2 Baths
1,864 Sq Ft
$320/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $350,000 $188 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,560/month

507 Days on Market

Highlights

  • Coastal Architecture
  • Wood Flooring
  • Screened Porch
  • Cathedral Ceiling
  • Furnished
  • Skylights

About This Home

As of February 2019

"Cottage Station" is a 2-story, 3 bedroom/2 bath home built similar to the early Coast Guard Lifesaving Stations. The home is located on Lighthouse Rd across the street from the Lighthouse! The over-sized windows allow a lot of light into the home and the porches & deck are generous in size, expanding the living area to the outside. Besides providing a front row view of the Ocracoke Lighthouse, the home is conveniently located in the historic lighthouse neighborhood and nestled on a large private lot. Cottage Station provides the convenience of a short walk to Springer's Point Nature Preserve, the neighboring Ocracoke Lighthouse and Silver Lake Harbor.

Last Listed By

Donna Drilling

Village Realty Holdings dba Ocracoke Island Realty License #182570 Listed on: 07/25/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,095

Year Built

  • Built in 1987

Lot Details

  • 0.46 Acre Lot
  • Level Lot

Home Design

  • Coastal Architecture
  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,864 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Skylights
  • Screened Porch
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Sun Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,095

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal, Cottage
  • Directions: Traveling south on Hwy 12, turn left onto Lighthouse Rd. House is on the left, across the street from the lighthouse.
  • Extras: Screened Porch, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Headline: Across From The Lighthouse!
  • Heated Sq Ft: 1864
  • L V T Date: 07/25/2017
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Deed Book Pg Number: 417
  • Office License Number: C26996
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 3
  • Floor Coverings: Vinyl, Wood
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Skylight

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Wood
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 128

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 19989
  • Lot Description: Level
  • Lot Size: irregular
  • Estimated Lot Size: 0.46
  • Deed Book: 183

Rental Info

  • Est Annual Rental Income: 35611
  • Estimated Rental Performance: 0.1017
  • Other Expenses: 246500
  • Rental Co: Ocracoke Island Realty
  • Rental Cottage Name: Cottage Station
  • Rental Cottage Number: CR11
  • Rental Phone Number: 252-928-6261
  • Rental Turnover Day: Saturday
  • Rental Contact Name: Ocracoke Island Realty
  • Rental Contact Phone: 252-928-6261

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2018
  • Taxes: 3095

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2017
Closed on
Jan 26, 2019
Sold by
Cottage Station Llc
Bought by
Faucette Joseph Walker and Faucette Alice Harris
Seller's Agent
Donna Drilling
Village Realty Holdings dba Ocracoke Island Realty
Buyer's Agent
Daphne Bennink
Ocracoke's Lightship Realty
List Price
$396,000
Sold Price
$350,000
Premium/Discount to List
-$46,000
-11.62%
Total Days on Market
507
Current Estimated Value
$596,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,014
Avg. Annual Appreciation
9.16%
Original Mortgage
$250,000
Interest Rate
4.5%
Mortgage Type
New Conventional

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
Faucette Joseph Walker $350,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faucette Joseph Walker $249,500
Closed Faucette Joseph Walker $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2019 02/08/19 Sold $350,000 0.0% $188 / Sq Ft
12/14/2018 12/14/18 Pending -- -- --
12/01/2018 12/01/18 Off Market $350,000 -- --
08/10/2018 08/10/18 For Sale $396,000 +13.1% $212 / Sq Ft
07/22/2018 07/22/18 Off Market $350,000 -- --
09/05/2017 09/05/17 For Sale $396,000 0.0% $212 / Sq Ft
09/04/2017 09/04/17 For Sale $396,000 0.0% $212 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $396,000 -- $212 / 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
2023 $3,064 $386,336 $246,500 $139,836
2022 $2,683 $293,215 $246,500 $46,715
2021 $2,390 $0 $0 $0
2020 $2,316 $293,215 $246,500 $46,715
2019 $3,135 $396,789 $246,500 $150,289
2018 $3,095 $396,789 $246,500 $150,289
2017 $3,404 $523,746 $340,000 $183,746
2016 $3,404 $523,746 $340,000 $183,746
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in Ocracoke, NC

  • 300 Lighthouse Rd, Ocracoke, NC 27960

    $689,000

    • 3 Beds
    • 2 Baths
    • 1,763 Sq Ft
    • 300 Lighthouse Rd
    • Ocracoke, NC

    Own a piece of Ocracoke history! The original Albert Styron's Store is a historic property in the "Down Point" area of the village, just steps from the Ocracoke Lighthouse! Within walking distance to Springer's Point Nature Preserve and Silver Lake Harbor. Built in 1920, this iconic property has been home to a variety of businesses over the years. The original storefront facade with charming

    Martha Garrish Village Realty Holdings dba Ocracoke Island Realty

    Section Image
  • 183 Lighthouse Rd Unit Lot 3, Ocracoke, NC 27960

    $595,000

    • 2 Beds
    • 2 Baths
    • 1,159 Sq Ft
    • 183 Lighthouse Rd
    • Unit Lot 3
    • Ocracoke, NC

    Water meter can accommodate a 3-bedroom, 2 bathrooms. Property is currently rented as a 3-bedroom property (two bedrooms with loft bedroom).Complete turnkey property. All furnishings convey including dishes, linens, beach accessories, and generator (not a whole house generator).Please note-Owner occupies the property during four months of peak season thus reducing amount of

    Jennifer Esham Ocracoke's Lightship Realty

    Section Image
  • 109 Winnie Blount Rd Unit Lot 73, Ocracoke, NC 27960

    $549,900

    • 3 Beds
    • 2.5 Baths
    • 1,561 Sq Ft
    • 109 Winnie Blount Rd
    • Unit Lot 73
    • Ocracoke, NC

    “Hydeaway” offers a seamless blend of indoor and outdoor living. Nestled on a quiet road near the heart of Ocracoke Village, this attractive 3 bed/2.5 bath home (plus bonus room) is in a quiet, eclectic residential neighborhood just minutes from all the shopping, dining, and entertainment of the village & a short drive to the beach. Step onto the inviting front porch (complete with Adirondack

    Donna Drilling Village Realty Holdings dba Ocracoke Island Realty

    Section Image
  • 56 Nubbins Ridge, Ocracoke, NC 27960

    $695,000

    • 4 Beds
    • 1 Bath
    • 1,470 Sq Ft
    • 56 Nubbins Ridge
    • Ocracoke, NC

    Grandfield-Dodd House: the original house was built in 1917 and was sold to the Grandfield-Dodds in 1978. The sellers had a long term tenant for almost 30 years, who took immaculate care of their island home. The parcel is considered large for the island at 28,750 sq ft. The seller is having the land surveyed and a provisional subdivision line drawn in to indicate the potential for a second

    BJ Oelschlegel Ocracoke's Lightship Realty

    Section Image
  • 106 Middle Rd, Ocracoke, NC 27960

    $699,000

    • 3 Beds
    • 2 Baths
    • 2,726 Sq Ft
    • 106 Middle Rd
    • Ocracoke, NC

    This home was designed to take advantage of the island sunshine. From the large arched window in the living area to the glorious sunroom, your eye moves through this spacious open floor plan. The large kitchen has new appliances (minus the trash compactor), a bar with seating and an abundance of counter space. There is a master suite with a double jacuzzi, double sinks and a shower, on the first

    BJ Oelschlegel Ocracoke's Lightship Realty

    Section Image

Source: Outer Banks Association of REALTORS®

MLS Number: 97231

Outer Banks Association of REALTORS®

APN: 518