NOT LISTED FOR SALE

391 British Cemetery Rd Ocracoke, NC 27960

Estimated Value: $589,000 - $1,231,000

3 Beds
1.5 Baths
1,344 Sq Ft
$691/Sq Ft Est. Value

Last Sold March 01, 2019

Last sale price $570,000 $424 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,921/month

200 Days on Market

Highlights

  • Beach Front
  • Views of a Sound
  • Attic
  • Private Dock
  • Coastal Architecture
  • Furnished

About This Home

As of March 2019

A rare Soundfront opportunity-a successful rental (beautiful 3 bedroom/1.5 bath waterfront home with front & back screened porches) located on the Pamlico Sound with its own private beach and recently updated dock with a lanai sitting area & hammock. Step out your back door to 100' of sandy beach to sunbathe, swim, clam, kayak, wind surf, stand up paddle or watch the boats pass by. Unobstructed views and breathtaking sunsets from your back yard. All on an over-sized parcel of over 15,000 sq. ft.; this is Ocracoke at its finest!!! Refurbished bathroom in Spring 2018, large living room, open kitchen/dining area with sliding glass door to the screened porch, outside shower and coastal furnishings. A turn-key rental or year round living! One owner is a NC Real Estate Broker.

Last Agent to Sell the Property

Martha Garrish

Village Realty Holdings dba Ocracoke Island Realty License #148274 Listed on: 06/03/2018

Last Buyer's Agent

Cheri Ely

Ocracoke's Lightship Realty License #269286

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,257

Year Built

  • Built in 1981

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 190x100x118x117
  • Beach Front
  • Home fronts a sound
  • Level Lot
  • Property is zoned Mixed

Home Design

  • Coastal Architecture
  • Beach Box Architecture
  • Asphalt Shingled Roof
  • Shake Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Screened Porch
  • Views of a Sound
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Private Dock
  • Exterior Lighting
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Tax Lot # 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,257

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box, Coastal
  • Directions: From Hwy 12 S, right onto British Cemetery Rd., home is almost at end on left, directly on the Sound!
  • Extras: Beach Access, Ceiling Fan(s), Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Storage Shed, Boat Dock
  • Flood Zone: AE
  • Subdivision Name: None see deed for description
  • Headline: Sound-front w/dockage!!
  • Heated Sq Ft: 1344
  • L V T Date: 06/03/2018
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: Mixed
  • Deed Book Pg Number: 604
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26996
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Bedroom 1: 9 x 10, On Level: 1
  • Bedroom 2: 11.8 x14.3, On Level: 1
  • Bedroom 3: 11.5x10.2, On Level: 1
  • Kitchen: 11.6 x 10, On Level: 1
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile, Vinyl, Wood Laminate
  • Full Bathrooms: 1
  • Furnishings Available: Yes
  • Interior Amenities: Attic, Dryer Connection, Gas Connection, Washer Connection
  • Dining Room: 12 x 11, On Level: 1
  • Living Room: 19 x 15, On Level: 1
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Wood
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: 15x7,10x19
  • View: Sound

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Beach Frontage, Level, Water Frontage
  • Lot Size: 190x100x118x117
  • Lot Number: Lot# 1
  • Estimated Lot Size: 0.34
  • Deed Book: 214

Rental Info

  • Est Annual Rental Income: 58000
  • Estimated Rental Performance: 0.1018
  • Lease Terms: Weekly
  • Rental Co: Ocracoke Island Realty
  • Rental Cottage Name: Water's Edge
  • Rental Cottage Number: NP33
  • Rental Phone Number: 252-928-6261
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1981

Tax Info

  • Year: 2017
  • Taxes: 3257

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2018
Closed on
Feb 19, 2019
Sold by
Mathews Marlene and Mathews Randal
Bought by
Duncan Paul M and Duncan Catharine E
Seller's Agent
Martha Garrish
Village Realty Holdings dba Ocracoke Island Realty
Buyer's Agent
Cheri Ely
Ocracoke's Lightship Realty
List Price
$649,900
Sold Price
$570,000
Premium/Discount to List
-$79,900
-12.29%
Current Estimated Value
$928,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,116
Avg. Annual Appreciation
7.80%
Original Mortgage
$370,000
Outstanding Balance
$240,827
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$687,289
Source: Public Records

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
Duncan Paul M $570,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duncan Paul M $370,000
Previous Owner Mathews Ethel Marlene $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2019 03/01/19 Sold $570,000 -12.2% $424 / Sq Ft
12/20/2018 12/20/18 Pending -- -- --
10/15/2018 10/15/18 Price Changed $649,000 -7.2% $483 / Sq Ft
07/14/2018 07/14/18 Price Changed $699,000 +7.6% $520 / Sq Ft
06/03/2018 06/03/18 For Sale $649,900 -- $484 / 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 $10,366 $1,102,714 $600,000 $502,714
2023 $4,599 $433,367 $325,000 $108,367
2022 $4,026 $440,052 $325,000 $115,052
2021 $3,586 $440,052 $325,000 $115,052
2020 $3,476 $440,052 $325,000 $115,052
2019 $3,476 $440,052 $325,000 $115,052
2018 $3,432 $440,052 $325,000 $115,052
2017 $4,695 $722,334 $600,000 $122,334
2016 $3,211 $722,334 $600,000 $122,334
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Martha Garrish

    Village Realty Holdings dba Ocracoke Island Realty

    (252) 921-0125

    104 in this area

    108 Total Sales

    Martha Garrish
    Section Image

  • C

    Buyer's Agent in 2019

    Cheri Ely

    Ocracoke's Lightship Realty

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 100756

Outer Banks Association of REALTORS®

APN: 9501226172

North Carolina Hyde County Ocracoke 27960

391 British Cemetery Rd, Ocracoke, NC

This home is located at 391 British Cemetery Rd, Ocracoke, NC 27960 since 03 June 2018 and is currently estimated at $928,116, approximately $690 per square foot. This property was built in 1981. 391 British Cemetery Rd is a home located in Hyde County with nearby schools including Ocracoke School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.

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