NOT LISTED FOR SALE

46277 Old Lighthouse Rd Buxton, NC 27920

Buxton Neighborhood

Estimated Value: $744,000 - $906,917

4 Beds
2.5 Baths
1,568 Sq Ft
$533/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $870,000 $555 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,795/month

4 Days on Market

Highlights

  • Beach Front
  • Coastal Architecture
  • Furnished
  • Ocean View
  • Cathedral Ceiling
  • Beamed Ceilings

About This Home

As of May 2022

Whether you are looking for a year-round residence, vacation home or solid investment performer, you do not want to miss "Croatoan". This ocean front 4 bedroom/ 2 full and one half bath home offers absolutely stunning ocean views from every level. All four bedrooms are located on the first level, leaving the top level open for entertaining, dining and enjoying the beautiful decks and ocean views! No wonder this home is such a solid rental performer with more than $68K already on the books for 2022!! Oceanfront opportunities like this do not come along every day...don't miss this one!! Come and visit "Croatoan" today!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 03/25/2022

Last Buyer's Agent

Brad Beacham

Landmark Sotheby's International Realty License #194377

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 0.25 Acre Lot
  • Beach Front
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,568 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Outside Lighting, Sun Deck
  • Flood Zone: AE
  • Heated Sq Ft: 1568
  • L V T Date: 03/25/2022
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2021: 59453
  • Advertised Income 2022: 68727
  • Deed Book Pg Number: 0044
  • 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, Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s), Pantry
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 11000
  • Lot Description: Beach Frontage, Level
  • Estimated Lot Size: 0.25
  • Deed Book: WB22E

Rental Info

  • Est Annual Rental Income: 47127
  • Estimated Rental Performance: 0.0542
  • Lease Terms: Weekly
  • Rental Co: Midgett Realty
  • Rental Cottage Name: Croatoan
  • Rental Cottage Number: BF0A0
  • Rental Turnover Day: Sunday
  • Rental Contact Email: Karen Greenwood
  • Rental Contact Phone: kareng@midgettrealty.com

Building Info

  • Year Built: 1990

Tax Info

  • Year: 2021
  • Taxes: 42998.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 10, 2022
Sold by
Lintner John R and Lintner Marie Tina
Bought by
Congel Michael J and Congel Maria M
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Brad Beacham
Landmark Sotheby's International Realty
List Price
$850,000
Sold Price
$870,000
Premium/Discount to List
$20,000
2.35%
Current Estimated Value
$835,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,771
Avg. Annual Appreciation
-1.49%
Source: Public Records

Range of Values:

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Average Value
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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
Congel Michael J $5,220,000 Wheless Jay W
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $870,000 +2.4% $555 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $850,000 -- $542 / 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 $4,409 $542,300 $339,200 $203,100
2023 $4,403 $550,424 $339,200 $211,224
2022 $4,348 $550,424 $339,200 $211,224
2021 $4,299 $550,424 $339,200 $211,224
2020 $3,484 $550,424 $339,200 $211,224
2019 $3,484 $364,700 $234,000 $130,700
2018 $0 $364,700 $234,000 $130,700
2017 $3,484 $364,700 $234,000 $130,700
2016 $3,335 $364,700 $234,000 $130,700
2014 $2,407 $364,700 $234,000 $130,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 118160

Outer Banks Association of REALTORS®

APN: 023841000