NOT LISTED FOR SALE

48185 Ethans Way Buxton, NC 27920

Buxton Neighborhood

Estimated Value: $621,000 - $775,000

4 Beds
3.5 Baths
2,210 Sq Ft
$316/Sq Ft Est. Value

Last Sold April 30, 2021

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

Est. 44% increase in value since last sale

Current estimated payment $4,264/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
$739,844

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
$495,942
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$201,413

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
7.36%
Original Mortgage
$408,000
Interest Rate
3%
Mortgage Type
New Conventional
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
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
Previous Owner Lane Anthony T $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

    1,271 Total Sales

    Section Image
  • Ashley King

    Seller Co-Listing Agent in 2021

    Ashley King

    Coldwell Banker Seaside Realty KH

    (252) 216-6325

    5 in this area

    71 Total Sales

    Section Image

  • M

    Buyer Co-Listing Agent in 2021

    Michael Milteer

    Midgett Realty - Rodanthe

    (757) 653-4878

    6 in this area

    191 Total Sales

    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

This home is located at 48185 Ethans Way, Buxton, NC 27920 since 27 February 2020 and is currently estimated at $697,355, approximately $315 per square foot. This property was built in 2003. 48185 Ethans Way is a home located in Dare County with nearby schools including Cape Hatteras Elementary School and Cape Hatteras Secondary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.

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