NOT LISTED FOR SALE

Estimated Value: $1,626,000 - $1,770,000

5 Beds
5.5 Baths
3,600 Sq Ft
$479/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $1,699,999 $472 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $9,976/month

2 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Coastal Architecture
  • Ocean Front
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of March 2022

Welcome to the "Summerhouse" ... an Amazing & Beautiful Pine Island SEMI-OCEANFRONT Home W/ GARAGE *** You will Love the private Cul-De-Sac Location *** Fabulous Ocean Views & just steps to the community Beach Access *** Home Features ... Top Level 3: Open Great Room Design w/ Volume Ceilings Floor to Ceiling Windows (with Roll Down Shades) ... You will Love the Window Design & Display for Maximum Natural Lighting and Gas Fireplace Entertainment Center w/ Plug-In Game Port & Multi-Room Music * Open Dining area with Hardwood Floors (Note: The Heart Pine Flooring is reclaimed and originally from the Sears Catalogue Building in Chicago, IL) & Plenty of Seating for Everyone * You will love the original artwork (w/ custom frames built by Gerry Dreo) * Kitchen Features Granite Counters, Hardwood Flooring, 2 Tier Breakfast Bar, Pantry, Ice Maker, Triple Window Facing West Overlooking the Pool * Sliding Glass Door from Dining area leads to the Private Screened Porch area (New Board & Batten Finish Framed areas for Screens) - You will LOVE the Serving Window from the Kitchen to the Screened Porch! * Be sure to see the Ships Watch (just off the Living Room) which takes you up another level for Fabulous Ocean Views! Great Space for a card table, sitting room or Office ... Lots of Windows w/ Transoms * Large Owner Closet in Hall * On the right you will find the "Library" w/ Volume Ceiling (Could be "6th" Bedroom) ... would also make a great Office Space as there is already a large built-in bookshelf - Great Window design and Sliding Glass Door to East Sun Deck * The Main Master Ensuite is located at the end of the Hall and opens to a Volume Ceiling * Fabulous Window Design w/ Transoms * Slider to east Deck with Ocean Views - Deck is shared with the Library * All Interior Doors are Solid 6 Panel * Bath includes double vanity, cedar lined closet, pocket door, Jetted Tub w/ privacy Casement Windows w/ Stained Glass Inserts Transoms above the Casements, and Shower * Lovely Pocket Door Powder Room with Pedestal Sink & Circular Window *** Level 2 Features nice Mid-Floor Front Door with spacious Foyer * Note the Stained Glass Insert in Casement Window by the Front Door * Could be "7th" Bedroom with Couch w/ Queen Sofa Bed, Slider to Sun Deck * Master Ensuite BR, Cedar Lined Closet, Bath with Jetted Tub Shower * Hall Full Bath w/ Double Vanity * Master w/ Large Bath w/ Jetted Tub & Separate Large Tiled Shower w/ built-in Bench seat (All Baths have Tiled Floors) * Duo Bunk Bedroom * Level 2 Exterior features Spacious Wide Deck with Large Private Hot Tub ... Stairs down to FABULOUS POOL / DECK w/ Cabana Building- Ready for you to put your finishing Touches to complete the Pool area Presentation ... Check out the Custom Built Fence with Design Pattern to Blend Visual Appeal with Privacy *** Ground Level 1 Features 12 x 24 GARAGE ON NORTH SIDE and Carport on South Side w/ Entry into Finished Living Area ... Bedroom & Full Bath * Alarm System Controls * Large storage under stairs, owner closet, Washer & Dryer, Game Room w/ Wet Bar, Mini-Fridge, Foosball & TV (Could easily be converted to a Bedroom & the Garage is perfectly suited to be re-designed as a Sizable Game Room - add Door out the rear to Pool Deck) * Home Features a new (January 2022) 25 year Shingle Fortified Roof (w/ Certificate) * Owner Closets all 3 Levels * Huge Driveway has been replaced since the home was built and recent pressure washing looks new * 2 Water Heaters New Feb 2021 * Custom built (by Gerry Dreo) Storage Spaces for Beach Chairs and Pool Toys located under the home next to the Double Enclosed Outside Showers * Sold Fully Furnished w/ well-stocked Kitchen (Owner Closet and Garage Items excluded) * 2022 Rental Season is Fully Booked w/ weeks 5/22 through 10/2 - Note: Owners Limit Weeks available for rent ... could generate more $ *** This Home is extremely Well-Cared for & it shows! There are so many Features you will want to discover for yourself ... Come See!

Last Agent to Sell the Property

John Leatherwood

Coldwell Banker Seaside Realty KH License #86507 Listed on: 02/17/2022

Coldwell Banker Seaside Realty KH

Co-Listed By

Debbie Knieper

Coldwell Banker Seaside Realty KH License #199613

Last Buyer's Agent

Mark Massey

Outer Banks Realty Group License #188389

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,496

Year Built

  • Built in 1995

Lot Details

  • 0.42 Acre Lot
  • Ocean Front
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Level Lot

HOA Fees

  • $208 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,600 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Workshop
  • Screened Porch
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Off-Street Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Storage Shed

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Tax Lot 015

Community Details

Overview

  • Association fees include common electric, common insurance, management, road maintenance, tennis courts, walkways
  • Seaside Management Association, Phone Number (252) 261-1200
  • Pine Island Pud Subdivision

Amenities

  • Common Area

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,496

Year Built

Built in 1995

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal, Cottage
  • Directions: NC 12, East on Black Pine Rd, Left on North Cove Road, Left on Pipsis, Home on Left
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Screened Porch, Security System, Smoke Detector(s), Storage Shed, Storm Doors, Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Pine Island
  • Headline: Semi-OF * POOL * Amazing!
  • Heated Sq Ft: 3600
  • L V T Date: 02/17/2022
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: R
  • Advertised Income 2020: 77642
  • Advertised Income 2021: 83117
  • Advertised Income 2022: 92395
  • Deed Book Pg Number: 240
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Bedroom 1: Ensuite, On Level: 3
  • Bedroom 2: Ensuite, On Level: 2
  • Bedroom 3: Duo Bunk, On Level: 2
  • Bedroom 4: Ensuite, On Level: 2
  • Bedroom 5: Yes, On Level: 1
  • Bedroom 6: Library, On Level: 3
  • Bedroom 7: Possible, On Level: 2
  • Kitchen: Nice!, On Level: 3
  • Countertops: Granite
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Some Windows Treated, Washer Connection
  • Dining Room: Open, On Level: 3
  • Family Room: Library, On Level: 3
  • Game Room: Wet Bar, On Level: 1
  • Living Room: Spacious, On Level: 3
  • Optional Rooms: Foyer, Game Room, Office, Pantry, Workshop
  • Partial Bathrooms: 1
  • Optional Room 1: ShipsWatch, On Level: 4

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: Yes!
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: 10 x 12
  • Sun Deck Size: Nice!
  • View: Ocean

Garage/Parking

  • Garage: 1 Car, Attached, Carport
  • Garage Sq Ft: 288
  • Parking: Paved, Off Street

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Electric, Heat Pump, Zoned
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 2500
  • Hoa Contact: Seaside Management
  • HOA Contact: 252-261-1200

Lot Info

  • Estimated Lot Sq Ft: 18086
  • Lot Description: Cul-de-sac, Level
  • Lot Faces: East
  • Lot Number: Lot 015
  • Estimated Lot Size: 0.42
  • Deed Book: 1083

Rental Info

  • Est Annual Rental Income: 135669
  • Estimated Rental Performance: 0.0798
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: The Summerhouse
  • Rental Cottage Number: E 015
  • Rental Phone Number: 252-457-1100
  • Rental Turnover Day: Sunday
  • Rental Contact Email: Jen Kavanaugh
  • Rental Contact Name: Twiddy.com
  • Rental Contact Phone: jkavanaugh@twiddy.com

Building Info

  • Year Built: 1995

Tax Info

  • Year: 2021
  • Taxes: 5496

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2023
Sold by
Matyas Philip George and Matyas Joan B
Bought by
Pitcavage Real Estate Holdings Llc
Current Estimated Value
$1,724,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,800
Outstanding Balance
$890,520
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$834,372

Purchase Details

Closed on
Oct 6, 2008
Sold by
Dreo Gerhard and Dreo Diana
Bought by
Dreo Gerhard and Dreo Diana D
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
Pitcavage Real Estate Holdings Llc $10,650,000 None Listed On Document
Dreo Gerhard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitcavage Real Estate Holdings Llc $915,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $1,699,999 0.0% $472 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $1,699,999 -- $472 / 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 $7,478 $983,600 $530,000 $453,600
2023 $7,478 $983,600 $530,000 $453,600
2022 $5,544 $983,600 $530,000 $453,600
2021 $5,496 $930,300 $500,000 $430,300
2020 $5,321 $930,300 $500,000 $430,300
2019 $5,261 $930,300 $500,000 $430,300
2018 $5,261 $930,300 $500,000 $430,300
2017 $4,770 $930,300 $500,000 $430,300
2016 $4,776 $930,300 $500,000 $430,300
2015 $4,783 $930,300 $500,000 $430,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117699

Outer Banks Association of REALTORS®

APN: 127C-000-0015-0000