NOT LISTED FOR SALE

48185 Ethans Way Buxton, NC 27920

Buxton Neighborhood

Estimated Value: $658,000 - $811,000

4 Beds
3.5 Baths
2,210 Sq Ft
$331/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $515,000 $233 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,069/month

367 Days on Market

Highlights

  • Views of a Sound
  • 1.23 Acre Lot
  • Furnished
  • Home fronts a sound
  • Coastal Architecture
  • Central Heating and Cooling System

About This Home

As of April 2021

Beautiful soundfront 4 bedroom, 3 and 1 half bath home with a private boardwalk overlooking the Pamlico Sound. "Lazy Daze" is within a short distance of all the shopping and dining amenities Buxton has to offer. Enjoy the one of a kind Hatteras Island sunsets during a quiet evening in the hot tub! Lazy Daze has amenities that includes an elevator, 2 bedrooms that have handicap-friendly roll-in showers in the bathrooms, wet bar with a mini fridge and microwave, outdoor shower with changing area, large fish cleaning station, and so much more. No wonder this home is such a solid rental performer with ROI of 10% and more than $69K already on the books for 2021!! Whether you are looking for your forever home or an investment opportunity, this home is a must see! Come and visit today!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 02/27/2020

Co-Listed By

Ashley King

Coldwell Banker Seaside Realty KH License #281481

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 02/27/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,106

Year Built

  • Built in 2003

Lot Details

  • 1.23 Acre Lot
  • Home fronts a sound

Home Design

  • Coastal Architecture
  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 2,210 Sq Ft Home
  • Elevator
  • Furnished
  • Gas Fireplace
  • Views of a Sound

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Tax Lot 1B

Community Details

Overview

  • Francis Farrow Tract Buxton Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,106

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal, Cottage
  • Extras: Elevator
  • Flood Zone: VE
  • Headline: Elevator & New Dock!
  • Heated Sq Ft: 2210
  • L V T Date: 02/27/2020
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Advertised Income 2020: 58310
  • Advertised Income 2021: 69425
  • Deed Book Pg Number: 0087
  • 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, Refrigerator, Washer
  • Bedrooms: 4
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Gas Fireplace
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Sound

Garage/Parking

  • Garage: Carport

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Sound Access, Board Walk

Lot Info

  • Estimated Lot Sq Ft: 53500
  • Lot Description: Water Frontage
  • Lot Number: Lot 1B
  • Estimated Lot Size: 1.23
  • Deed Book: WB12EO

Rental Info

  • Est Annual Rental Income: 58310
  • Estimated Rental Performance: 0.1132
  • Lease Terms: Weekly
  • Rental Co: Outer Beaches Realty
  • Rental Cottage Name: Lazy Daze
  • Rental Cottage Number: 625
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2019
  • Taxes: 3106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2024
Sold by
Galderise Franklin D and Galderise Debbie G
Bought by
Hunter Collis Morgan and Hunter Marie Collis
Current Estimated Value
$730,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,500
Outstanding Balance
$493,771
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$236,755

Purchase Details

Listed on
Feb 27, 2020
Closed on
Mar 18, 2021
Sold by
Lane Rebecca S
Bought by
Galderise Franklin D and Galderise Debbie G
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$529,000
Sold Price
$515,000
Premium/Discount to List
-$14,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%
Original Mortgage
$408,000
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hunter Collis Morgan $715,000 None Listed On Document
Galderise Franklin D $515,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunter Collis Morgan $500,500
Previous Owner Galderise Franklin D $408,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $515,000 -2.6% $233 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $529,000 0.0% $239 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
02/27/2020 02/27/20 For Sale $529,000 -- $239 / 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
2025 $3,037 $715,700 $290,000 $425,700
2024 $2,794 $448,200 $125,900 $322,300
2023 $2,786 $461,092 $125,900 $335,192
2022 $2,740 $461,092 $125,900 $335,192
2021 $2,694 $461,092 $125,900 $335,192
2020 $3,106 $434,364 $125,900 $308,464
2019 $3,106 $437,500 $163,400 $274,100
2018 $0 $437,500 $163,400 $274,100
2017 $3,106 $437,500 $163,400 $274,100
2016 $2,926 $437,500 $163,400 $274,100
2014 $2,926 $437,500 $163,400 $274,100
Source: Public Records

Agents Affiliated with this Home

  • Trisha Midgett

    Seller's Agent in 2021

    Trisha Midgett

    Midgett Realty - Rodanthe

    (252) 996-0124

    53 in this area

    1,204 Total Sales

    Trisha Midgett
    Section Image
  • Ashley King

    Seller Co-Listing Agent in 2021

    Ashley King

    Coldwell Banker Seaside Realty KH

    (252) 216-6325

    5 in this area

    67 Total Sales

    Ashley King
    Section Image

  • M

    Buyer Co-Listing Agent in 2021

    Michael Milteer

    Midgett Realty - Rodanthe

    (757) 653-4878

    7 in this area

    188 Total Sales

    Michael Milteer
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108489

Outer Banks Association of REALTORS®

APN: 016726001

North Carolina Dare County Buxton Buxton

48185 Ethans Way, Buxton, NC

Not Listed for Sale

Detached

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