NOT LISTED FOR SALE

50548 Timber Trail Frisco, NC 27936

Frisco Neighborhood

Estimated Value: $453,000 - $570,029

3 Beds
2 Baths
1,992 Sq Ft
$269/Sq Ft Est. Value

Last Sold August 13, 2018

Last sale price $280,000 $141 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,282/month

131 Days on Market

Highlights

  • Views of a Sound
  • Spa
  • Cathedral Ceiling
  • Home fronts a sound
  • Coastal Architecture
  • Furnished

About This Home

As of August 2018

Come check out this sound front home that is showcasing spectacular views. The first floor has an open floor plan with the kitchen, dining and living room all overlooking the Pamlico Sound. There are also three bedrooms and one bathroom on the first floor. Upstairs on the second floor, the room has an open floor plan with a bed and common area which also features an air hockey table. Both views from the first floor and the second floor are some of the best around. Entertain family and friends from the expansive deck that faces the Pamlico Sound. Enjoy a refreshing drink while watching the sun melt away at the end of a great day. The water is very accessible from this home. The yard is perfect for launching a kayak, SUP, windsurf board or kite boards. You will be hard pressed to find a better home with these views at this affordable price. ******Updates, downstairs heat pump replace in 2014. Refrigerator, range/oven, dishwasher and microwave replaced in 2014. Upstairs heat pump replaced in 2016. New roof installed in 2017.*******

Last Agent to Sell the Property

Kevin Loerch

NC 12 Realty License #279520 Listed on: 01/18/2018

Last Buyer's Agent

Suzie Scholten

Midgett Realty - Hatteras License #211406

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,091

Year Built

  • Built in 1988

Lot Details

  • Home fronts a sound

Parking

  • Unpaved Parking

Home Design

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

Interior Spaces

  • 1,992 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Views of a Sound
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Patio

Utilities

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

Community Details

  • Indiantown Shrs Subdivision

Listing and Financial Details

  • Tax Lot 34

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,091

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: Heading South in Frisco on NC Hwy 12 make a right on Timber Trail. House is down the road on the Right hand side.
  • Extras: Ceiling Fan(s), Hot Tub, Outside Shower, Patio, Sun Deck, Inside Laundry Room
  • Flood Zone: VE
  • Headline: Sound front with a View!
  • Heated Sq Ft: 1992
  • L V T Date: 01/18/2018
  • Roads: Public
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 0093
  • 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, Microwave, Range/Oven, Refrigerator w/Ice Maker
  • Bedrooms: 3
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Beamed Ceiling(s), Cathedral Ceiling(s)

Exterior Features

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

Garage/Parking

  • Parking: Unpaved

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 2407

Lot Info

  • Lot Description: Water Frontage
  • Lot Number: Lot 34
  • Deed Book: 1934

Rental Info

  • Flood Expenses: 682
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 1184
  • Annual Water Expense: 160

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2017
  • Taxes: 2091

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2018
Closed on
Aug 8, 2018
Sold by
Williams Greggory G and Williams Nicole N
Bought by
Jimmink Kykle P and Jimmink Amanda C
Seller's Agent
Kevin Loerch
NC 12 Realty
Buyer's Agent
Suzie Scholten
Midgett Realty - Hatteras
List Price
$299,000
Sold Price
$280,000
Premium/Discount to List
-$19,000
-6.35%
Current Estimated Value
$572,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,283
Avg. Annual Appreciation
9.68%
Original Mortgage
$224,000
Outstanding Balance
$196,540
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$338,967

Purchase Details

Listed on
Feb 4, 2013
Closed on
Jun 12, 2013
Sold by
The Bank Of New York Mellon
Bought by
Williams Greggory G and Williams Nicole N
Seller's Agent
John Head
Resort Realty - Frisco
Buyer's Agent
Liz Midgett
Midgett Realty - Avon
List Price
$287,900
Sold Price
$241,001
Premium/Discount to List
-$46,899
-16.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%
Original Mortgage
$192,800
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2012
Sold by
Passanah Roula and Passanah Lan Lemanistre
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Mar 8, 2006
Sold by
Mankoff Mark and Mankoff Ruth
Bought by
Passanah Roula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,900
Interest Rate
6.19%
Mortgage Type
Stand Alone Second
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
Jimmink Kykle P $280,000 --
Williams Greggory G $241,000 None Available
The Bank Of New York Mellon $510,253 None Available
Passanah Roula $499,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimmink Kykle P $224,000
Previous Owner Williams Greggory G $192,800
Previous Owner Passanah Roula $49,900
Previous Owner Passanah Roula $399,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2018 08/13/18 Sold $280,000 -6.4% $141 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
02/10/2018 02/10/18 For Sale $299,000 0.0% $150 / Sq Ft
01/20/2018 01/20/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $299,000 +24.1% $150 / Sq Ft
06/28/2013 06/28/13 Sold $241,001 -16.3% $141 / Sq Ft
04/25/2013 04/25/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $287,900 -- $168 / 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 $1,973 $328,200 $148,500 $179,700
2023 $1,969 $335,388 $148,500 $186,888
2022 $1,868 $335,388 $148,500 $186,888
2021 $1,835 $335,388 $148,500 $186,888
2020 $1,830 $335,388 $148,500 $186,888
2019 $2,087 $320,000 $182,200 $137,800
2018 $0 $320,000 $182,200 $137,800
2017 $2,092 $320,000 $182,200 $137,800
2016 $1,956 $320,000 $182,200 $137,800
2014 $1,961 $320,000 $182,200 $137,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 98925

Outer Banks Association of REALTORS®

APN: 011968000