NOT LISTED FOR SALE

46271 Old Lighthouse Rd Buxton, NC 27920

Buxton Neighborhood

Estimated Value: $1,415,000 - $1,756,000

5 Beds
7 Baths
4,480 Sq Ft
$346/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $1,225,000 $273 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $9,422/month

227 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Furnished
  • Ocean View
  • Coastal Architecture
  • Granite Countertops

About This Home

As of June 2023

Some sought after features "Dune Crab" offers include Private Pool with waterfall feature, Elevator, Game Room, Top Deck Spa, and Views of Cape Hatteras Lighthouse! With more than 4,400 square feet there is room for everyone. Meticulously maintained and well loved, this home has generated strong rental history throughout the years (projecting $185,000-$190,000 for 2023). Schedule your time to see this amazing beach house today!

Last Agent to Sell the Property

Jonathan Waddill

Surf or Sound Realty - Rodanthe License #237283 Listed on: 09/27/2022

Last Buyer's Agent

Jonathan Waddill

Surf or Sound Realty - Rodanthe License #237283 Listed on: 09/27/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,376

Year Built

  • Built in 1997

Lot Details

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

Property Views

  • Ocean
  • Park or Greenbelt

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 4,480 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Beamed Ceilings
  • Electric Fireplace
  • Game Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • Paved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Covered Deck

Utilities

  • Central Heating and Cooling System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot : 1

Community Details

Overview

  • Wallace Gray Sd Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,376

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Covered Decks, Elevator, Hot Tub, Outside Shower
  • Flood Zone: AE
  • Subdivision Name: Wallace Gray Two Lot Division
  • Heated Sq Ft: 4480
  • L V T Date: 09/27/2022
  • Roads: Private, Easement Access
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: R-3
  • Advertised Income 2022: 177940
  • Deed Book Pg Number: 34
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7816
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Vinyl, Luxury Vinyl Plank
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Beamed Ceiling(s), Ensuite, Wet Bar, Electric Fireplace
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Park Serv/Preserve

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Lot Description: Beach Frontage, Easement(s), Level
  • Lot Number: Lot: 1
  • Deed Book: 859

Rental Info

  • Est Annual Rental Income: 190000
  • Estimated Rental Performance: 0.1551
  • Lease Terms: Weekly
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Dune Crab
  • Rental Cottage Number: 24
  • Rental Turnover Day: Saturday
  • Rental Contact Email: KimberleyH@surforsound.com
  • Rental Contact Name: Kimberley Hutton

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2022
  • Taxes: 8376

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Jun 19, 2023
Sold by
John Whitcomb Dunkle and John Tom G
Bought by
371 Starlight Circle Llc
Seller's Agent
Jonathan Waddill
Surf or Sound Realty - Rodanthe
Buyer's Agent
Jonathan Waddill
Surf or Sound Realty - Rodanthe
List Price
$1,699,000
Sold Price
$1,225,000
Premium/Discount to List
-$474,000
-27.9%
Total Days on Market
227
Views
116
Current Estimated Value
$1,552,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,133
Avg. Annual Appreciation
13.05%
Original Mortgage
$980,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2020
Sold by
Dunkle J W
Bought by
Dunkle John Whitcomb and Wright Tom G
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
371 Starlight Circle Llc $7,350,000 None Listed On Document
Dunkle John Whitcomb -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 371 Starlight Circle Llc $1,256,250
Closed 371 Starlight Circle Llc $980,000
Previous Owner Dunkle J W $362,500
Previous Owner Dunkle John W $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $1,225,000 -25.7% $273 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
04/13/2023 04/13/23 Price Changed $1,649,000 -2.9% $368 / Sq Ft
03/15/2023 03/15/23 For Sale $1,699,000 0.0% $379 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
01/13/2023 01/13/23 Price Changed $1,699,000 -8.1% $379 / Sq Ft
10/15/2022 10/15/22 Price Changed $1,849,000 -5.2% $413 / Sq Ft
09/27/2022 09/27/22 For Sale $1,950,000 -- $435 / 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 $8,503 $1,034,800 $394,900 $639,900
2023 $8,482 $1,060,396 $394,900 $665,496
2022 $8,376 $1,060,396 $394,900 $665,496
2021 $8,270 $1,060,396 $394,900 $665,496
2020 $8,255 $1,060,396 $394,900 $665,496
2019 $7,530 $777,200 $272,400 $504,800
2018 $5,020 $777,200 $272,400 $504,800
2017 $7,530 $777,200 $272,400 $504,800
2016 $7,209 $777,200 $272,400 $504,800
2014 $5,203 $777,200 $272,400 $504,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120437

Outer Banks Association of REALTORS®

APN: 023839000