NOT LISTED FOR SALE

39 Cedar Rd Ocracoke, NC 27960

Estimated Value: $397,000 - $520,000

3 Beds
2 Baths
1,715 Sq Ft
$271/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $447,500 $261 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,904/month

162 Days on Market

About This Home

As of November 2023

The original home was built in 1920 and was located on the harbor. Sometime in the late 1980's, the house was moved to its current location; an addition to the original house was completed soon after. The house has a 3 bedroom/ 2 bath septic system and city water meter. Besides the 3 bedrooms, this home has some additional living spaces such as a dining room, a sunroom, storage areas, and a very spacious and sunny living room. The porch across the front of the house completes the historic picture.

Last Agent to Sell the Property

BJ Oelschlegel

Ocracoke's Lightship Realty License #84547 Listed on: 05/03/2023

Last Buyer's Agent

Donna Drilling

Village Realty Holdings dba Ocracoke Island Realty License #182570

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,994

Year Built

  • Built in 1920

Lot Details

  • 8,685 Sq Ft Lot
  • Property is zoned res/com

Home Design

  • 1,715 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Fuel Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,994

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Directions: Route #12 South, turn left at The First National Bank on the corner of Cedar Road and Irving Garrish Hwy; the house is the first on the left facing the street
  • Headline: Large Historic Ocracoke Home
  • Heated Sq Ft: 1715
  • L V T Date: 05/04/2023
  • Sale/Rent: For Sale
  • Zoning: res/com
  • Deed Book Pg Number: 428
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C16705
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 2

Utilities

  • Fuel Tanks: Leased

Lot Info

  • Estimated Lot Sq Ft: 8685
  • Estimated Lot Size: 0.20
  • Deed Book: 127

Building Info

  • Year Built: 1920

Tax Info

  • Year: 2022
  • Taxes: 1994

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Nov 16, 2023
Sold by
Fletcher Charles Dixon and Fletcher Laura Nicole
Bought by
Craig Fredrick Tyrone and Kay Craig Toni
Seller's Agent
BJ Oelschlegel
Ocracoke's Lightship Realty
Buyer's Agent
Donna Drilling
Village Realty Holdings dba Ocracoke Island Realty
List Price
$575,000
Sold Price
$447,500
Premium/Discount to List
-$127,500
-22.17%
Views
918
Current Estimated Value
$464,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,012
Avg. Annual Appreciation
8.75%
Original Mortgage
$335,625
Outstanding Balance
$330,607
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$182,025
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
Craig Fredrick Tyrone $447,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craig Fredrick Tyrone $335,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $447,500 -9.6% $261 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
09/20/2023 09/20/23 Price Changed $495,000 -6.4% $289 / Sq Ft
07/26/2023 07/26/23 Price Changed $529,000 -8.0% $308 / Sq Ft
05/03/2023 05/03/23 For Sale $575,000 -- $335 / 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 $4,060 $431,876 $194,400 $237,476
2023 $2,277 $222,242 $93,500 $128,742
2022 $1,994 $217,871 $93,500 $124,371
2021 $1,776 $217,871 $93,500 $124,371
2020 $1,721 $217,871 $93,500 $124,371
2019 $1,721 $217,871 $93,500 $124,371
2018 $1,699 $217,871 $93,500 $124,371
2017 $2,328 $358,118 $221,000 $137,118
2016 $2,328 $358,118 $221,000 $137,118
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: 122155

Outer Banks Association of REALTORS®

APN: 9500386238