NOT LISTED FOR SALE

46017 S Tower Cir Buxton, NC 27920

Buxton Neighborhood

Estimated Value: $424,000 - $496,988

4 Beds
2 Baths
1,527 Sq Ft
$305/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $471,900 $309 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,778/month

25 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Level Lot
  • A-Frame Home
  • Central Air
  • Wood Siding

About This Home

As of October 2022

You don't want to miss the old-school charm of classic four bedroom and two bath beach home located in the heart of Buxton. This historic Hatteras Island home has a rustic charm you’d experience way back when, but with modern updates like WiFi and central heat and air. Spacious porches are the perfect place for hanging out after a long beach day and sipping on some sweet tea. Buxton is home to the tallest lighthouse in North America and also has a collection of shops which includes a locally owned grocery store, beach gear and surf shops, art galleries, a historic bookstore, gift shops, fish market, and thrift stores, and a large array of restaurants, pizza places, a bakery, and other eateries. The lot adjacent to the home is owned (46220 Tower Circle Rd) by the seller and is also available for sale if a buyer wanted additional space 46220 Tower Circle Rd please contact list agent for details.

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 07/30/2022

Co-Listed By

Michael Milteer

Midgett Realty - Rodanthe License #309421

Last Buyer's Agent

Ellen Heatwole

Keller Williams - Outer Banks License #301476

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,920

Year Built

  • Built in 1975

Lot Details

  • Ocean Front
  • Property fronts a private road
  • Level Lot
  • Property is zoned R-3

Home Design

  • A-Frame Home
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,527 Sq Ft Home
  • Furnished
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Tower Beach Subdivision

Listing and Financial Details

  • Tax Lot 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,920

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: A-Frame
  • Flood Zone: AE
  • Heated Sq Ft: 1527
  • L V T Date: 07/30/2022
  • Roads: Private
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: R-3
  • Deed Book Pg Number: 0490
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C0569
  • 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: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Short Pilings
  • Full Bathrooms: 2
  • Furnishings Available: Yes

Exterior Features

  • Construction: Wood
  • Exterior: Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Detached
  • Parking: Off Street, Under

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 7
  • Deed Book: 1673

Rental Info

  • Est Annual Rental Income: 38527
  • Estimated Rental Performance: 0.0816

Building Info

  • Year Built: 1975

Tax Info

  • Year: 2021
  • Taxes: 1920.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2022
Closed on
Oct 14, 2022
Sold by
David T Garrett Revocable Trust
Bought by
Bustios Jorge Ernesto and Bustios Nora Luisa
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Ellen Heatwole
Keller Williams - Outer Banks
List Price
$499,000
Sold Price
$471,900
Premium/Discount to List
-$27,100
-5.43%
Total Days on Market
25
Current Estimated Value
$465,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,153
Avg. Annual Appreciation
-0.50%
Original Mortgage
$283,140
Outstanding Balance
$273,474
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$192,273

Purchase Details

Closed on
Feb 9, 2006
Sold by
Garrett David T
Bought by
Garrett David T and The David T Garrett Revocable Trust
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
Bustios Jorge Ernesto $2,831,500 --
Garrett David T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bustios Jorge Ernesto $283,140
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2022 10/13/22 Sold $471,900 -5.4% $309 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
07/30/2022 07/30/22 For Sale $499,000 -- $327 / 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 $1,969 $246,200 $140,000 $106,200
2023 $1,969 $246,200 $140,000 $106,200
2022 $1,945 $246,200 $140,000 $106,200
2021 $1,920 $246,200 $140,000 $106,200
2020 $1,917 $246,200 $140,000 $106,200
2019 $2,051 $218,600 $127,600 $91,000
2018 $0 $218,600 $127,600 $91,000
2017 $2,051 $218,600 $127,600 $91,000
2016 $1,964 $218,600 $127,600 $91,000
2014 -- $218,600 $127,600 $91,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119886

Outer Banks Association of REALTORS®

APN: 017252000