NOT LISTED FOR SALE

42 Spindrift Trail Southern Shores, NC 27949

Estimated Value: $1,016,249 - $1,166,000

6 Beds
4.5 Baths
3,244 Sq Ft
$329/Sq Ft Est. Value

Last Sold June 13, 2013

Last sale price $585,000 $180 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $6,151/month

12 Days on Market

Highlights

  • Heated In Ground Pool
  • Contemporary Architecture
  • Cathedral Ceiling
  • Kitty Hawk Elementary School Rated 9+
  • Wooded Lot
  • Wood Flooring

About This Home

As of June 2013

Wonderful Value! Consistantly excellent rental income. Would be even better but the owners take rentalable weeks each year. Grand style home located on east side of Spindrift Trail in Chicahauk w/ open space to the oceanside. Professionally decorated home on a big lot w/ mature trees giving privacy to the large heated pool & spa. Quick ocean access out your backyard gate leads down Skyline Drive to the beach. Many upgrades such as granite/cultured marble counters, wood/tile floors, cathedral ceilings, sun-filled game room w/pool table, large bedrooms, Andersen windows/sliders,Plasma TV, low maint. cement fiber lap siding. Wall Mounted TV's in all Bedrooms & Game Room. 42" Plasma, High Speed Wireless Internet, Printer/Fax in Greatroom. Large lot with Volleyball Court and Basketball Goal. Pool is Heated (Gas) and has a Cover. Beautiful Hammock on Custom Wood Stand in Pool Area. Lots of Extras and Upgrades. X Flood Zone. No Flood Insurance Required but seller has anyway. Sold Fully Furnished & Equipped. Join the optional Southern Shores Civic Association and you have the use of many more activities: Soundside bathing beach, marina, parks, additional beach parking-access and much more.

Last Agent to Sell the Property

Charles Rocknak

Beach Realty & Construction License #123903 Listed on: 04/03/2013

Last Buyer's Agent

Debbie Shealey

Coldwell Banker Seaside Realty KH License #154489

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,708

Year Built

  • Built in 2006

Lot Details

  • 0.49 Acre Lot
  • Lot includes common area
  • Fenced Yard
  • Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,244 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Marble Countertops
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Spa
  • Fiberglass Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 243

Community Details

Overview

  • Built by Gene Martin - Wave Development
  • Chicahauk Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,708

Year Built

Built in 2006

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: Ocean Blvd to Chicahauk traffic light and turn West. 1st left onto Spindrift. House on left.
  • Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Whirlpool/Spa
  • Flood Zone: X
  • Headline: Great Ocean Access!
  • Heated Sq Ft: 3244
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: RES
  • Deed Book Pg Number: 448
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 6
  • Bedroom 1: MBR, On Level: 2
  • Bedroom 2: Large, On Level: 1
  • Bedroom 3: Large, On Level: 1
  • Bedroom 4: Large, On Level: 1
  • Bedroom 5: Large, On Level: 1
  • Bedroom 6: Large, On Level: Ground
  • Kitchen: Chef, On Level: 2
  • Countertops: Granite, Marble
  • Floor Coverings: Carpet, Ceramic Tile, Wood, Wood Laminate
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Pantry, Walk in Closet, Washer Connection
  • Dining Room: Large, On Level: 2
  • Game Room: Sunny, On Level: Ground
  • Living Room: Huge, On Level: 2
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Gene Martin - Wave Development
  • Construction: Frame, Wood
  • Covered Deck Size: 352
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool Type: Outdoor, In Ground, Fiberglass, Custom, Heated
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: 432

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 90

Lot Info

  • Estimated Lot Sq Ft: 21397
  • Lot Description: Adj. To Common Area, Wooded
  • Lot Faces: E
  • Lot Size: irregular
  • Lot Number: Lot 243
  • Deed Book: 1679

Rental Info

  • Est Annual Rental Income: 31289
  • Estimated Rental Performance: 0.0535
  • Lease Terms: Weekly
  • Rental Co: Southern Shores Realty
  • Rental Cottage Name: Sun Shine Inn
  • Rental Cottage Number: 1033
  • Rental Phone Number: 261-2000
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Actual

Building Info

  • Year Built: 2006

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 2708

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2013
Closed on
Jun 6, 2013
Sold by
Sa Profit Sharing Plan Llc
Bought by
Rackl Donald G and Rackl Patricia L
Seller's Agent
Charles Rocknak
Beach Realty & Construction
Buyer's Agent
Debbie Shealey
Coldwell Banker Seaside Realty KH
List Price
$619,900
Sold Price
$585,000
Premium/Discount to List
-$34,900
-5.63%
Current Estimated Value
$1,067,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,062
Avg. Annual Appreciation
5.06%
Original Mortgage
$385,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 30, 2006
Sold by
Wave Development Llc
Bought by
Sa Profit Sharing Plan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$686,400
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 1, 2005
Sold by
Gorman Tomothy L and Gorman Mary D
Bought by
Wav Development Llc
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
Rackl Donald G $585,000 None Available
Sa Profit Sharing Plan Llc $858,000 None Available
Wav Development Llc $335,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rackl Donald G $290,027
Closed Rackl Donald G $385,000
Previous Owner Sa Profit Sharing Plan Llc $686,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2013 06/13/13 Sold $585,000 -5.6% $180 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $619,900 -- $191 / 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 $3,612 $567,700 $138,700 $429,000
2023 $2,292 $572,200 $138,700 $433,500
2022 $3,641 $572,200 $138,700 $433,500
2021 $3,641 $572,200 $138,700 $433,500
2020 $3,362 $572,200 $138,700 $433,500
2019 $3,362 $487,200 $134,600 $352,600
2018 $0 $487,200 $134,600 $352,600
2017 $3,362 $487,200 $134,600 $352,600
2016 $3,167 $487,200 $134,600 $352,600
2014 $3,148 $484,300 $134,600 $349,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 78525

Outer Banks Association of REALTORS®

APN: 022416000