NOT LISTED FOR SALE

50 Cuttensage Ln Ocracoke, NC 27960

Estimated Value: $665,230 - $786,000

2 Beds
2 Baths
1,500 Sq Ft
$472/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $423,000 $282 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,196/month

12 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Private Dock
  • Coastal Architecture
  • Ocracoke School Rated 9+
  • Canal View
  • Wood Flooring

About This Home

As of April 2019

A beautiful home on a canal in Oyster Creek. Back yard docking, nice back lawn with a majestic gnarled live oak. Relaxing views from the living room, dining room, screened porch, deck, upstairs bedroom and master bath. Gas fireplace in the living room, chef's kitchen with island, Brazilian cherry floors, on-demand water heater, canal-front screened porch, 9' ceilings on the first floor and 10' ceilings on the 2nd floor. The entire 2nd floor is a delightful master suite with walk-in closet, window seat, large tiled shower, soaking tub and access to a covered porch. Many artistic details, stained glass inserts, extra storage, utility room and fenced-in yard. This home is a must see on Ocracoke!

Last Agent to Sell the Property

Donna Drilling

Village Realty Holdings dba Ocracoke Island Realty License #182570 Listed on: 03/13/2019

Last Buyer's Agent

Renee Burrus

Coldwell Banker Seaside Realty KH License #265527

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,266

Year Built

  • Built in 2004

Lot Details

  • 5,156 Sq Ft Lot
  • Lot Dimensions are 50x 104.1 x 50.12 x 102.5
  • 50 Feet of Waterfront
  • Home fronts a canal
  • Fenced Yard
  • Level Lot

Home Design

  • Coastal Architecture
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Screened Porch
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Corian Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Private Dock
  • Exterior Lighting
  • Storage Shed

Utilities

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

Community Details

  • Oyster Creek Banks Subdivision

Listing and Financial Details

  • Tax Lot 40

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,266

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Nags Head, Coastal
  • Directions: From HWY 12 S, make right at Back Rd., make right on Sunset Dr., left at Cutting Sage, go over 1st bridge, then make left after bridge on Cutten Sage Lane. House is on left (50 Cutten Sage Lane).
  • Extras: Ceiling Fan(s), Fenced Yard, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Storage Shed, Sun Deck, Boat Dock
  • Flood Zone: AE
  • Headline: Beautiful Canal-Front Home!
  • Heated Sq Ft: 1500
  • L V T Date: 03/13/2019
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Canalfront
  • Zoning: Res
  • Deed Book Pg Number: 759
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26996
  • 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: 2
  • Bedroom 1: 21.8x13.5, On Level: 1
  • Bedroom 2: 8.5x13.5, On Level: 2
  • Kitchen: 12.9 x10.8, On Level: 1
  • Countertops: Corian
  • Floor Coverings: Carpet, Ceramic Tile, Wood, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Gas Fireplace, Ensuite, Walk in Closet
  • Dining Room: 12.9x9.5, On Level: 1
  • Living Room: 18 x 12'3", On Level: 1

Exterior Features

  • Construction: Wood
  • Covered Deck Size: 5.5x8.3
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: 7.9x18.5
  • Street Frontage: 50
  • View: Canal, Salt Marsh
  • Water Frontage: 50

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 2053

Lot Info

  • Estimated Lot Sq Ft: 5156
  • Lot Description: Bulkheaded, Level, Water Frontage
  • Lot Faces: S
  • Lot Size: 50x 104.1 x 50.12 x 102.5
  • Lot Number: Lot 40
  • Estimated Lot Size: 0.12
  • Deed Book: 273

Rental Info

  • Est Annual Rental Income: 24000
  • Estimated Rental Performance: 0.0567
  • Flood Expenses: 669
  • Lease Terms: Weekly
  • Rental Co: Ocracoke Island Realty
  • Rental Cottage Name: Reflections
  • Rental Cottage Number: OC59
  • Rental Phone Number: 252-928-6261
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 491
  • Annual Electric: 1600
  • Annual Telephone Expense: 1125
  • Annual Water Expense: 275
  • Rental Contact Name: Ocracoke Island Realty
  • Rental Contact Phone: 252-928-7411,252-928-6261

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2019
  • Taxes: 3266

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2023
Sold by
Caldwell Scott T and Caldwell Martha M
Bought by
Caldwell Llc
Current Estimated Value
$708,058

Purchase Details

Listed on
Mar 13, 2019
Closed on
Apr 24, 2019
Sold by
Weisman Kenneth Martin and Weisman Ainsley Virginia
Bought by
Caldwell Scott T and Caldwell Martha M
Seller's Agent
Donna Drilling
Village Realty Holdings dba Ocracoke Island Realty
Buyer's Agent
Renee Burrus
Coldwell Banker Seaside Realty KH
List Price
$450,000
Sold Price
$423,000
Premium/Discount to List
-$27,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%

Purchase Details

Listed on
Dec 15, 2016
Closed on
Jul 19, 2017
Sold by
Isbrecht Celia E
Bought by
Weisman Kenneth Martin and Weisman Ainsley Virginia
Seller's Agent
Martha Garrish
Village Realty Holdings dba Ocracoke Island Realty
Buyer's Agent
Donna Drilling
Village Realty Holdings dba Ocracoke Island Realty
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.27%
Original Mortgage
$318,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2003
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
Caldwell Llc -- None Listed On Document
Caldwell Llc -- None Listed On Document
Caldwell Scott T $423,000 None Available
Weisman Kenneth Martin $425,000 None Available
-- $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weisman Kenneth Martin $318,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2019 04/26/19 Sold $423,000 -6.0% $282 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
03/13/2019 03/13/19 For Sale $450,000 +5.9% $300 / Sq Ft
07/25/2017 07/25/17 Sold $425,000 -5.6% $282 / Sq Ft View Prior Sale
06/07/2017 06/07/17 Pending -- -- --
12/15/2016 12/15/16 For Sale $450,000 -- $298 / 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 $5,306 $564,434 $324,000 $240,434
2023 $4,375 $412,529 $220,000 $192,529
2022 $3,831 $418,692 $220,000 $198,692
2021 $3,412 $418,692 $220,000 $198,692
2020 $3,308 $418,692 $220,000 $198,692
2019 $3,308 $418,692 $220,000 $198,692
2018 $3,266 $418,692 $220,000 $198,692
2017 $2,817 $433,386 $220,000 $213,386
2016 $2,817 $433,386 $220,000 $213,386
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 104152

Outer Banks Association of REALTORS®

APN: 9501318490