NOT LISTED FOR SALE

Estimated Value: $1,689,000 - $1,859,662

8 Beds
9 Baths
4,498 Sq Ft
$395/Sq Ft Est. Value

Last Sold April 20, 2020

Last sale price $1,010,000 $225 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $10,305/month

260 Days on Market

Highlights

  • Community Beach Access
  • Heated In Ground Pool
  • Coastal Architecture
  • Ocean View
  • Second Refrigerator
  • Wood Flooring

About This Home

As of April 2020

ALREADY OVER $100K ON THE BOOKS FOR 2020. STRONG rental investment with $131,735 in Rents for 2019 in the prestigious neighborhood of Pine island, just steps from the beach. (4-5 minute walk) Over 12% Rental income ratio. X Flood Zone-- no flood insurance required. Backs up to open space for privacy. All the amenities that renters appreciate including heated private pool, hot tub, tiki bar, volleyball court, gameroom, covered decks, and plenty of indoor and outdoor areas to relax and enjoy being at the beach. Whether it's watching sunrise with your coffee off the one of the front decks, or catching the sunset while in the hot tub, this home is a great coastal retreat and solid investment opportunity. Very well-maintained, the home boasts eight bedrooms total, six of which are masters with a private bath, and a reverse floor plan with a comfortable living room/dining room/kitchen on the top level.

Last Agent to Sell the Property

Four Seasons Realty

Four Seasons Realty License #177785 Listed on: 05/28/2019

Co-Listed By

Robert Konstanzer

Four Seasons Realty License #189406

Last Buyer's Agent

Matt Myatt

Keller Williams - Outer Banks License #218707

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,339

Year Built

  • Built in 1998

Lot Details

  • Level Lot

HOA Fees

  • $218 Monthly HOA Fees

Property Views

  • Ocean
  • Pond

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Asphalt Shingled Roof

Interior Spaces

  • 4,498 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Covered Deck
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Tax Lot 106

Community Details

Overview

  • Seaside Management Association, Phone Number (252) 261-1200
  • Pine Island Pud Subdivision

Amenities

  • Common Area

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,339

Year Built

Built in 1998

Lot Details

0

HOA Fees

$218 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Shower, Smoke Detector(s), Tiki Bar, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: 130K+ RENTAL INCOME
  • Heated Sq Ft: 4498
  • L V T Date: 05/29/2019
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: RES
  • Advertised Income 2020: 121407
  • Deed Book Pg Number: 740
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C14915
  • 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, 2nd Refrigerator
  • Bedrooms: 8
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Gas Fireplace, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Breakfast Nook, Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Heated, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Pond

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Septic Fee: 504
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 2620
  • Hoa Contact: SEASIDE MANAGEMENT
  • HOA Contact: 252-261-1200
  • Home Owner Dwelling Insurance: 1683

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 106
  • Deed Book: 1121

Rental Info

  • Est Annual Rental Income: 132290
  • Estimated Rental Performance: 0.131
  • Flood Expenses: 757
  • Poolspa Expense: 3200
  • Rental Co: Twiddy and Company
  • Rental Cottage Number: E106
  • Rental Turnover Day: SATURDAY
  • Annual Cable TV Expense: 3264
  • Annual Electric: 4800
  • Annual Water Expense: 1041
  • Rental Contact Email: jkavanaugh@twiddy.com
  • Rental Contact Name: Jen Kavanaugh

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2019
  • Taxes: 5338.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2024
Sold by
Ogm Enterprises Llc
Bought by
Haass Elisabeth and Haass Daniel
Current Estimated Value
$1,778,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Outstanding Balance
$571,280
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$1,207,636

Purchase Details

Closed on
Apr 19, 2010
Sold by
Yarbrough Calvin W and Yarbrough Teresa S
Bought by
Narozny Theodore and Narozny Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2005
Sold by
Outer Banks Investors Llc
Bought by
Yarbrough Calvin W and Yarbrough Teresa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,000
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Haass Elisabeth -- None Listed On Document
Narozny Theodore $650,000 None Available
Yarbrough Calvin W $1,275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haass Elisabeth $575,000
Previous Owner Narozny Theodore $500,000
Previous Owner Narozny Theodore $250,000
Previous Owner Narozny Theodore $533,000
Previous Owner Narozny Theodore $250,000
Previous Owner Narozny Theodore $417,000
Previous Owner Yarbrough Calvin W $371,333
Previous Owner Yarbrough Calvin W $363,000
Previous Owner Yarbrough Calvin W $912,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2020 04/20/20 Sold $1,010,000 -3.7% $225 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
11/27/2019 11/27/19 Price Changed $1,049,000 -2.4% $233 / Sq Ft
09/28/2019 09/28/19 Price Changed $1,075,000 -2.2% $239 / Sq Ft
05/28/2019 05/28/19 For Sale $1,099,000 -- $244 / 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 $7,750 $1,011,800 $440,000 $571,800
2023 $7,750 $1,011,800 $440,000 $571,800
2022 $5,742 $1,011,800 $440,000 $571,800
2021 $5,727 $927,400 $400,000 $527,400
2020 $5,339 $927,400 $400,000 $527,400
2019 $5,325 $927,400 $400,000 $527,400
2018 $5,325 $927,400 $400,000 $527,400
2017 $4,841 $927,400 $400,000 $527,400
2016 $4,841 $927,400 $400,000 $527,400
2015 $4,841 $927,400 $400,000 $527,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 105325

Outer Banks Association of REALTORS®

APN: 127C-000-0106-0000