NOT LISTED FOR SALE

Estimated Value: $1,251,000 - $1,347,000

5 Beds
5.5 Baths
2,776 Sq Ft
$471/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $635,000 $229 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $7,632/month

99 Days on Market

Highlights

  • Community Beach Access
  • Concrete Pool
  • Furnished
  • Ocean View
  • Coastal Architecture
  • Screened Porch

About This Home

As of June 2017

One of the gems of the Outer Banks community of Pine Island awaits the next discerning buyer! With close proximity to both beach and community amenities, this custom beach house, comprised of 5 master suites, provides plenty of extras to keep guests and family engaged and relaxed in comfort. Inside, there’s an interior ships watch for reading or relaxing, a wet bar for cocktails and fireplace for cozy evenings. The gorgeous main living area is highlighted by vaulted ceilings and surrounded by windows to let in the Carolina sunshine. The newly remodeled kitchen boasts tile floors, stainless appliances, Silestone counters and pendant lighting. Each room has been recently professionally decorated with colorful coastal décor and furnishings. The outdoor areas of this home are just as gracious. Relax with a book in a shaded hammock or burn off stress in the hot tub. Take a dip in the private pool surrounded by mature landscaping and plenty of seating. For lunch, dine in the screened porch or on the sun deck off the top floor. The community amenity area is just around the back gate or continue down the community path just 650 feet to the beach. The owners have beautifully maintained this property so all the next owner has to do is enjoy. Recent upgrades and maintenance in the last three years includes: expanded decking and new railing on front and back of home, entirely new kitchen and new bathroom floors, new porch screening, new mattresses and flat-screened TVs, new ice maker, new roof and all exterior paint. ***This home has been high and dry for years with the exception of the combo fall storms of 2016. Afterwards, the homeowners improved the ground level den and bath with water resistant materials. See associated docs for more info.*** 2014 and 2015's rental income reflect the owners own heavy use of the home. 2016 was the first year of a more opened season. There is also a projection on file for a full open year.

Last Agent to Sell the Property

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 01/31/2017

Keller Williams - Outer Banks

Last Buyer's Agent

Max Konstanzer

Four Seasons Realty License #290410

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,501

Year Built

  • Built in 1994

Lot Details

  • 0.48 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped

HOA Fees

  • $208 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,776 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Screened Porch
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Zoned Heating
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 44

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, security, tennis courts
  • Pine Island Pud Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,501

Year Built

Built in 1994

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Turn East onto Black Pine. Right onto North Cove Road. House is on your left.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Screened Porch, Sun Deck, Dry Entry
  • Flood Zone: AE
  • Headline: Turn key Pine Island!
  • Heated Sq Ft: 2776
  • L V T Date: 01/31/2017
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res
  • Deed Book Pg Number: 250
  • Office License Number: C26996
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5
  • Countertops: Silestone
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Gas Fireplace, Wet Bar
  • Optional Rooms: Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: In Ground, Concrete, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 2495
  • Home Owner Dwelling Insurance: 5366

Lot Info

  • Estimated Lot Sq Ft: 20908
  • Lot Description: Cul-de-sac
  • Lot Faces: S
  • Lot Number: Lot 44
  • Deed Book: 464

Rental Info

  • Est Annual Rental Income: 40925
  • Estimated Rental Performance: 0.0644
  • Lease Terms: Weekly
  • Other Expenses: 102
  • Other Expenses2: 270
  • Other Expenses3: 980
  • Poolspa Expense: 3170
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Serenity
  • Rental Cottage Number: PI 44
  • Rental Phone Number: 252-453-3000
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1404
  • Annual Electric: 2801
  • Annual Telephone Expense: 745
  • Annual Water Expense: 658

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2016
  • Taxes: 3501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2017
Closed on
Jun 7, 2017
Sold by
Gladden Robert L and Gladden Karen M
Bought by
Barnett Deborah Jean
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Max Konstanzer
Four Seasons Realty
List Price
$675,000
Sold Price
$635,000
Premium/Discount to List
-$40,000
-5.93%
Current Estimated Value
$1,308,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$673,599
Avg. Annual Appreciation
9.45%
Original Mortgage
$508,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 1999
Bought by
Gladden Robert L and Gladden Karen M
Source: Public Records

Range of Values:

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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
Barnett Deborah Jean $635,000 Attorney
Gladden Robert L $408,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnett Deborah Jean $508,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2017 06/16/17 Sold $635,000 -5.9% $229 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $675,000 -- $243 / 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 $5,829 $746,200 $385,000 $361,200
2023 $5,829 $746,200 $385,000 $361,200
2022 $4,343 $746,200 $385,000 $361,200
2021 $4,328 $712,800 $350,000 $362,800
2020 $4,154 $712,800 $350,000 $362,800
2019 $4,144 $712,800 $350,000 $362,800
2018 $4,144 $712,800 $350,000 $362,800
2017 $3,759 $712,800 $350,000 $362,800
2016 $3,759 $712,800 $350,000 $362,800
2015 $3,501 $661,700 $350,000 $311,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 95024

Outer Banks Association of REALTORS®

APN: 127C-000-0044-0000