NOT LISTED FOR SALE

46265 Old Lighthouse Rd Unit s 1-4 Buxton, NC 27959

Buxton Neighborhood
8 Beds
4 Baths
3,792 Sq Ft
0.33 Acres

Last Sold December 27, 2019

Last sale price $550,000 $145 Per Sq Ft

232 Days on Market

Highlights

  • Beach Front
  • Coastal Architecture
  • Covered Deck
  • Ocean View
  • Furnished
  • Patio

About This Home

As of December 2019

PRICE REDUCED to $650,000!!! OCEAN FRONT, 4 Unit, Starlight Apartments in BUXTON Village! This is truly a unique property, which was originally built in 1972 and completely renovated, updated, and put on pilings in 1998. Each unit is 2 BEDROOM, 1 FULL BATHROOM. The units are rented separately for a total gross income of $89,418 in 2018! Fantastic rental property under the Cape Hatteras Lighthouse beam! Views of the lighthouse from the front porch! Each unit has a full, eat in kitchen, living room, queen master bedroom adjoined to the twin bedroom by a Jack and Jill full bathroom. Shared laundry and storage room on the lower level. All 4 units have fantastic OCEAN VIEWS! Amazing Sunrises! This memorable property has been lovingly maintained and enjoyed by the same owner through the years, and it is now time to pass on the Starlight! Don't let this opportunity pass you by, Call today! EXCELLENT RENTAL HISTORY!!

Last Agent to Sell the Property

Liz Midgett

Midgett Realty - Avon License #221798 Listed on: 03/13/2019

Last Buyer's Agent

Margaret Hughes

Dockside Properties License #189019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,697

Year Built

  • Built in 1972

Lot Details

  • 0.33 Acre Lot
  • Beach Front
  • 77 Feet of Waterfront
  • Level Lot
  • Unpaved Streets

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,792 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Carpet
  • Ocean Views
  • Storm Doors

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Unpaved Parking
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

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

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,697

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal
  • Directions: S Hwy 12, Left on Old Lighthouse Rd across from Dillon's Corner. Follow, Starlight Apartments are on the left.
  • Extras: Beach Access, Ceiling Fan(s), Common Laundry Area, Covered Decks, Outside Lighting, Outside Shower, Patio, Storm Doors, Sun Deck, Outside Laundry Room
  • Flood Zone: AE
  • Headline: Unique Ocean Front Investment!
  • Heated Sq Ft: 3792
  • L V T Date: 03/13/2019
  • Roads: Easement Access, Paved, Unpaved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 0476
  • 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: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 8
  • Countertops: Laminate
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Vinyl Tile
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean
  • Water Frontage: 77

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under, Unpaved

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 14500
  • Lot Description: Adj to Park Serv./Preserv, Beach Frontage, Easement(s), Level
  • Lot Faces: E
  • Lot Size: 14500
  • Estimated Lot Size: 0.33
  • Deed Book: 2080

Rental Info

  • Est Annual Rental Income: 89418
  • Estimated Rental Performance: 0.1626
  • Lease Terms: Weekly
  • Maintenance Expenses: 6734
  • Other Insurance Expenses: 5290
  • Rental Co: Midgett Realty
  • Rental Cottage Name: Starlight Units 1,2,3,4
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1715
  • Annual Electric: 4699
  • Annual Telephone Expense: 2318
  • Annual Water Expense: 873
  • Rental Contact Email: paulc@midgettrealty.com
  • Rental Contact Name: Paul Cimino
  • Rental Contact Phone: 2529866367

Building Info

  • Year Built: 1972

Multi Family

  • No. of Units: 4

Tax Info

  • Year: 2019
  • Taxes: 4697

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2019 12/27/19 Sold $550,000 -15.4% $145 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $650,000 +18.2% $171 / Sq Ft
10/01/2019 10/01/19 Off Market $550,000 -- --
08/04/2019 08/04/19 Price Changed $650,000 -5.8% $171 / Sq Ft
03/13/2019 03/13/19 For Sale $690,000 -- $182 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 104148

Outer Banks Association of REALTORS®