NOT LISTED FOR SALE

47434 Lost Tree Trail Buxton, NC 27920

Buxton Neighborhood

Estimated Value: $605,000 - $681,000

4 Beds
3.5 Baths
2,570 Sq Ft
$254/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $599,000 $233 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,778/month

5 Days on Market

Highlights

  • Home Theater
  • 1.23 Acre Lot
  • Coastal Architecture
  • Spa
  • Clubhouse
  • Wooded Lot

About This Home

As of August 2022

Listing agents' personal house. Appraisers, a reduced commission was part of the sale and you should call the listing agent/seller for more info. If you are looking for a full-time neighborhood to live the dream on the Outer Banks, this is a great and rare opportunity! This home is located in Hatteras Pines Subdivision in Buxton which is near both schools and is minutes from the beach, sound, Cape Hatteras Lighthouse, and Cape Point. Hatteras Pines offers large lots, privacy, and high elevations, as well as a community pool and clubhouse. Entering from the garage, the first level with luxury vinyl tile flooring throughout could be a great in-law-suite. It has its own bedroom and bath, plus a separate living area with a wet bar and mini-refrigerator. The second level includes a kitchen with breakfast bar, dining area, and living room with heavy trim, wood burning fireplace, and hardwood floors. There is also a 1/2 bathroom on this level along with a master bedroom, bath, two walk-in closets, and a warm sunroom which also doubles as a great office space with back deck access. The laundry area has a tile floor and built-in cubbies. The kitchen is spacious with solid counter tops, dual fuel range/oven, built-in wine rack, and tons of cabinet space. The top level has two bedrooms with walk-in closets, a shared bathroom with tile floor and wainscot, and a bonus sitting room with built-in bunks for guests. The original owners have kept this 4 bedroom, 3.5 bath home well maintained and updated over the last several years with a new fortified roof in 2020, interior and exterior painting, a heat pump in 2018, some updated appliances, LVT flooring in 2020, updated bathrooms, and a whole house generator was installed in 2021 (see complete list in associated documents). The yard has lots of room to spread out and offers an irrigation system, fenced in side yard with firepit, covered rear patio with a hot tub, and side patio for unloading the beach gear into the storage shed. There is ample parking for multiple vehicles and a boat. There is a large fish cleaning table in the rear and a side section perfect for the gardening table. The one car garage has shelves on both sides for ample storage. No flood insurance is required as this home sits high and dry on a ridge. Pre-listing home inspection and septic inspections are on file. The home was custom built by Archie Morse and has lots to offer. Sellers are local North Carolina Real Estate agents acting on their own behalf.

Last Agent to Sell the Property

Carla Reynolds

NC 12 Realty License #241562 Listed on: 06/30/2022

Last Buyer's Agent

Tricia Watson

Resort Realty - Frisco License #305332

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,464

Year Built

  • Built in 2005

Lot Details

  • 1.23 Acre Lot
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Wooded Lot
  • Property is zoned SED-1

HOA Fees

  • $37 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,570 Sq Ft Home
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Home Theater
  • Sun or Florida Room

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Garage Door Opener
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Generator Hookup
  • Power Generator
  • Municipal Utilities District Water
  • Well
  • Fuel Tank
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 42

Community Details

Overview

  • Association fees include common insurance, grounds maintenance, pool, road maintenance
  • Travis Salyers Association, Phone Number (252) 305-5774
  • Built by Archibald Morse
  • Hatteras Pines Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,464

Year Built

Built in 2005

Lot Details

0

HOA Fees

$37 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: NC 12 South to Buxton, left on the Back Road, left on Lost Tree Trail, home on the right
  • Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Garage Door Opener, Hot Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Patio, Security System, Smoke Detector(s), Storage Shed, Sun Deck, Generator Hookup, Dry Entry
  • Flood Zone: AE, X
  • Headline: High ground in Buxton Woods
  • Heated Sq Ft: 2570
  • L V T Date: 06/30/2022
  • Primary Residence: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: SED-1
  • Deed Book Pg Number: 296
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C24757
  • 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 w/Ice Maker, Washer, Wine Cooler, Generator
  • Bedrooms: 4
  • Countertops: Granite, Solid Surface
  • Floor Coverings: Carpet, Tile, Hardwood, Vinyl Tile
  • Foundation: Piling
  • Full Bathrooms: 3
  • Interior Amenities: 9' Ceilings, All Window Treatments, Dryer Connection, Ice Maker Connection, Ensuite, Walk in Closet, Washer Connection, Wet Bar, Wood Fireplace, 1st Flr Ensuite
  • Optional Rooms: In-Law Apartment, Office, Sun/Florida Room, Media Room
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Archibald Morse
  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: 1 Car, Attached
  • Garage Sq Ft: 420
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Grounds Maintenance, Pool, Road Maintenance
  • Association Amenities: Clubhouse, Outdoor-Comm. Pool, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 440
  • Hoa Contact: Travis Salyers
  • HOA Contact: 252-305-5774
  • Home Owner Dwelling Insurance: 907

Lot Info

  • Estimated Lot Sq Ft: 53500
  • Lot Description: Wooded
  • Lot Number: Lot 42
  • Estimated Lot Size: 1.23
  • Deed Book: 1617

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2021
  • Taxes: 2464

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Jul 28, 2022
Sold by
Reynolds Trafton E and Reynolds Carla S
Bought by
Smith Justin W and Smith Sarah R
Seller's Agent
Carla Reynolds
NC 12 Realty
Buyer's Agent
Tricia Watson
Resort Realty - Frisco
List Price
$599,000
Sold Price
$599,000
Current Estimated Value
$652,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,458
Avg. Annual Appreciation
2.81%
Original Mortgage
$174,000
Outstanding Balance
$166,918
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$485,540

Purchase Details

Closed on
Mar 2, 2005
Sold by
Risser Arthur J and Risser Mary Ann
Bought by
Reynolds Trafton E and Reynolds Carla S
Source: Public Records

Range of Values:

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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
Smith Justin W $2,999,500 Dixon & Dixon Law Offices
Reynolds Trafton E $167,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Justin W $174,000
Previous Owner Reynolds Trafton E $230,500
Previous Owner Reynolds Trafton E $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $599,000 0.0% $233 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $599,000 -- $233 / 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 $2,312 $382,700 $85,600 $297,100
2023 $1,533 $382,700 $85,600 $297,100
2022 $2,274 $382,700 $85,600 $297,100
2021 $2,465 $421,888 $85,600 $336,288
2020 $2,466 $423,100 $85,600 $337,500
2019 $2,265 $287,400 $57,700 $229,700
2018 $2,338 $292,400 $57,700 $234,700
2017 $2,318 $292,400 $57,700 $234,700
2016 $2,192 $292,400 $57,700 $234,700
2014 $221 $292,400 $57,700 $234,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119517

Outer Banks Association of REALTORS®

APN: 023775042