NOT LISTED FOR SALE

50413 Timber Trail Frisco, NC 27936

Frisco Neighborhood

Estimated Value: $421,000 - $516,000

3 Beds
2.5 Baths
1,608 Sq Ft
$297/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $400,000 $249 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,724/month

6 Days on Market

Highlights

  • Wooded Lot
  • Laundry Room
  • Bungalow
  • Furnished
  • Entrance Foyer
  • En-Suite Primary Bedroom

About This Home

As of November 2021

**Sellers calling for Highest & Best offers by noon, Monday, 8/6/21.** Nestled amongst the tall trees of quiet Indiantown Shores neighborhood, this gorgeous home offers a truly unique way to experience Hatteras Island. Enjoy privacy and beautiful landscaping just steps from one of the prettiest soundfront beaches on Hatteras Island! The path to the neighborhood beach is directly across the street from this home, giving you easy access to epic sunsets, fishing, paddling, windsports, building sandcastles with your kids or playing catch with your dog. Speaking of just a few steps, park on the high-elevation parking pad to enter the house from the front sidewalk and climb only 6 steps to the front door and main living level of the house, which includes the master suite. Enter through the spacious foyer and enjoy an open concept living, dining, and kitchen area that brims with natural light throughout the day. Oversized slider doors and floor to ceiling windows enhance the light and airy feel of the home. The extra spacious kitchen has tons of storage and is great for entertaining. The large master suite is also on the main level - it’s very easy to avoid steps in this home if they’re not really your thing. An additional half bath and laundry room are also on the main level. Outside, the wrap-around deck offers plenty of shade in the summer or a warm sunny spot in the winter. Fabulous stargazing is year-round. Two more bedrooms and a full bath are located on the lower level of the home, which is also accessible through a separate driveway and entrance, affording plenty of opportunity for AirBnb, should you desire. This home has not been in a vacation rental program but a rental projection is on file with a 35-45k rental income range. The current owners have lived year-round in this home for the last 3 years and prior to that, the previous owners used it solely as a 2nd home. The property has been well-maintained with love throughout the years, and is ready for immediate occupancy. Come see for yourself all this lovely property and neighborhood have to offer.

Last Agent to Sell the Property

Sarah Collier

Landmark Sotheby's International Realty License #305601 Listed on: 09/01/2021

Landmark Sotheby's International Realty

Last Buyer's Agent

Shawna Kiricoples

Beach House Brokers, LLC License #302304

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,519

Year Built

  • Built in 1988

Lot Details

  • 10,500 Sq Ft Lot
  • Wooded Lot
  • Property is zoned S-1

Home Design

  • Bungalow
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,608 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Entrance Foyer
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Indiantown Shrs Subdivision

Listing and Financial Details

  • Tax Lot 23 & 24

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,519

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Bungalow
  • Directions: Timber Trail into Indiantown Shores, property is on left, about halfway through neighborhood, across from the Sound beach access.
  • Extras: Ceiling Fan(s), Smoke Detector(s), Inside Laundry Room
  • Flood Zone: AE, X
  • Headline: Treetop Living in Indiantown
  • Heated Sq Ft: 1608
  • L V T Date: 09/02/2021
  • Primary Residence: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: S-1
  • Deed Book Pg Number: 0082
  • 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, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Floor Coverings: Carpet, Slate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Ensuite, Pantry, 1st Flr Ensuite
  • Optional Rooms: Foyer
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 1038

Lot Info

  • Estimated Lot Sq Ft: 10500
  • Lot Description: Wooded
  • Lot Number: Lot 23 & 24
  • Estimated Lot Size: 0.24
  • Deed Book: 2417

Rental Info

  • Est Annual Rental Income: 35000
  • Estimated Rental Performance: 0.0875
  • Flood Expenses: 770
  • Annual Cable TV Expense: 900
  • Annual Electric: 1800
  • Annual Water Expense: 480

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2020
  • Taxes: 1519

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Nov 12, 2021
Sold by
Ahrendt Kenneth Carl and Flowe Sara C
Bought by
Zook Scott and Zook Wendy
Seller's Agent
Sarah Collier
Landmark Sotheby's International Realty
Buyer's Agent
Shawna Kiricoples
Beach House Brokers, LLC
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%
Current Estimated Value
$477,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,977
Avg. Annual Appreciation
4.75%
Original Mortgage
$300,000
Outstanding Balance
$276,050
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$201,614

Purchase Details

Listed on
Sep 1, 2021
Closed on
Sep 29, 2021
Sold by
Wilfred Ahrendt Theodore and Wilfred Margaret F
Bought by
Ahrendt Kenneth Carl
Seller's Agent
Sarah Collier
Landmark Sotheby's International Realty
Buyer's Agent
Shawna Kiricoples
Beach House Brokers, LLC
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$276,050
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$201,614

Purchase Details

Listed on
Mar 26, 2018
Closed on
Oct 26, 2018
Sold by
Shores David L and Shores Garnett C
Bought by
Ahrendt Kenneth C
Seller's Agent
John Head
Resort Realty - Frisco
Buyer's Agent
Michael Nolan
Waterfront Properties OBX
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.98%
Original Mortgage
$220,000
Interest Rate
4.7%
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
Zook Scott $400,000 None Available
Ahrendt Kenneth Carl -- Dixon & Dixon Law Offices Pllc
Ahrendt Kenneth C $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zook Scott $300,000
Previous Owner Ahrendt Kenneth C $220,000
Previous Owner Shores David L $102,616
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2021 11/18/21 Sold $400,000 +1.3% $249 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $395,000 +43.6% $246 / Sq Ft
10/26/2018 10/26/18 Sold $275,000 -3.5% $171 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
08/10/2018 08/10/18 Price Changed $284,900 -3.4% $177 / Sq Ft
03/26/2018 03/26/18 For Sale $295,000 -- $183 / 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 $1,679 $277,800 $70,900 $206,900
2023 $1,679 $286,076 $70,900 $215,176
2022 $1,593 $277,800 $70,900 $206,900
2021 $1,516 $277,800 $70,900 $206,900
2020 $1,516 $277,800 $70,900 $206,900
2019 $1,213 $190,000 $56,600 $133,400
2018 $1,213 $190,000 $56,600 $133,400
2017 $1,213 $190,000 $56,600 $133,400
2016 $1,137 $190,000 $56,600 $133,400
2014 $1,137 $190,000 $56,600 $133,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115961

Outer Banks Association of REALTORS®

APN: 012001000