NOT LISTED FOR SALE

Estimated Value: $224,568 - $519,000

5 Beds
4 Baths
5,503 Sq Ft
$68/Sq Ft Est. Value

Last Sold February 04, 2019

Last sale price $600,000 $109 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $2,020/month

198 Days on Market

Highlights

  • Ocean View
  • Second Refrigerator
  • Marble Flooring
  • Guest House
  • Wooded Lot
  • Traditional Architecture

About This Home

As of February 2019

This distinctive estate in preserved maritime woodlands is OBX hidden treasure! Property sits on 1.5 acre lot, but additional acreage may be purchased as well. Main residence exemplifies uncompromising workmanship throughout, with stately chandeliers, grand marble foyer, polished parlor with hand carved mantel and curved archways leading to formal dining room. Corian kitchen, sunny breakfast room with floral stained glass and convenient guest suite complete the main level. Step down a half flight to the warm solarium with walls of windows highlighting the forested landscape. Upstairs, the eastward sitting room with tongue and groove juniper woodwork showcases an unprecedented view of a 2 mile stretch of ocean! A common area wet bar perfect for morning juice and coffee leads to the master suite with private deck and double doors opening to a luxurious whirlpool tub flanked by windows. Another bedroom currently being used as an office houses a whole house stereo system allowing music to float throughout the home. Laundry room and 4th bedroom complete this level. The third story houses a second office plus large cedar closet and floored storage space. Separate guest cottage sits above the 800 sq ft 2 car garage with workshop. This secluded hideaway is wired for generator power back up and features 580 sq ft of space including living area, bedroom, full bath and complete kitchen. Estate-like grounds with manicured walkways. Other improvements include security system for main residence and garage/apartment, new heat pump system in 2014 and the secure knowledge that this home has been lovingly and meticulously tended by the original owner. Truly, a one-of-a-kind residence in a secluded yet centrally located domain.

Last Agent to Sell the Property

Jackie Ricks-Sample

Sun Realty - KDH License #47692 Listed on: 05/23/2018

Co-Listed By

Jackie O'Hara

Sun Realty - KDH License #153332

Last Buyer's Agent

Steven Gross

Twiddy and Company - Corolla License #288399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,277

Year Built

  • Built in 1993

Lot Details

  • Landscaped
  • Sprinkler System
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Masonry Perimeter Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Synthetic Stucco Exterior

Interior Spaces

  • 5,503 Sq Ft Home
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Bay Window
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Library
  • Workshop
  • Sun or Florida Room
  • Ocean Views
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Corian Countertops

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • 4 Full Bathrooms
  • Whirlpool Bathtub
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Garage Door Opener

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting

Additional Homes

  • Guest House

Utilities

  • Heat Pump System
  • Generator Hookup
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Ocean Acres Tract 3 Subdivision

Listing and Financial Details

  • Tax Lot 4A

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,277

Year Built

Built in 1993

Lot Details

1.05 Acres

Listing Details

  • Class: RESIDENTIAL
  • Style: Traditional
  • Directions: MP 9.5. From US 158, turn west on Ocean Acres Dr (by Pigman's.) Go straight about 1 mile, turn right on Burns. House on left.
  • Extras: Ceiling Fan(s), Covered Decks, Garage Door Opener, Jet Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Patio, Security System, Sun Deck, Whirlpool/Spa, Generator Hookup
  • Flood Zone: X
  • Headline: Price SLASHED on grand estate!
  • Heated Sq Ft: 5503
  • L V T Date: 05/23/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 3
  • Tract: 3
  • Zoning: Res
  • Deed Book Pg Number: 267
  • Destination Commerce Corp: Yes
  • Office License Number: C3211
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 5
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Kitchen: On Level: 1
  • Countertops: Corian
  • Floor Coverings: Carpet, Ceramic Tile, Tile, Wood, Marble
  • Foundation: Masonry
  • Full Bathrooms: 4
  • Interior Amenities: 9' Ceilings, All Window Treatments, Bay/Bow Window, Cedar Closet(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Walk in Closet, Washer Connection, Wet Bar
  • Dining Room: On Level: 1
  • Family Room: On Level: 1
  • Living Room: On Level: 1
  • Optional Room 2: Breakfast, On Level: 1
  • Optional Room 3: Guest ste., On Level: 2
  • Optional Rooms: Breakfast Nook, Foyer, Library/Study, Office, Sun/Florida Room, Workshop, Guest House
  • Optional Room 1: Solarium, On Level: 2

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: yes
  • Exterior: Synth Stucco, Wood
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: yes
  • View: Ocean

Garage/Parking

  • Garage: 2 Car, Detached
  • Garage Sq Ft: 810

Utilities

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

Lot Info

  • Lot Description: Wooded
  • Lot Faces: E
  • Lot Size: Pie shaped
  • Lot Number: Lot 4A
  • Deed Book: WB 12E

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2017
  • Taxes: 5277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2024
Sold by
Varon Chana Ruth
Bought by
Varon Cna Ruth and Sproul Benjamin Alexander
Current Estimated Value
$371,784

Purchase Details

Closed on
May 3, 2022
Sold by
Pettitt Michael R and Davis Debra
Bought by
Varon Chana Ruth

Purchase Details

Listed on
May 23, 2018
Closed on
Jan 28, 2019
Sold by
Wade Robert C
Bought by
Pettit Michael R and Petitt Debra D
Seller's Agent
Jackie Ricks-Sample
Sun Realty - KDH
Buyer's Agent
Steven Gross
Twiddy and Company - Corolla
List Price
$539,900
Sold Price
$600,000
Premium/Discount to List
$60,100
11.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.57%
Original Mortgage
$484,350
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Varon Cna Ruth -- None Listed On Document
Varon Cna Ruth -- None Listed On Document
Varon Chana Ruth $1,200,000 Casey & Robbins Pc
Pettit Michael R $6,000 --
Pettit Michael R $2,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pettit Michael R $484,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2019 02/04/19 Sold $600,000 +11.1% $109 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
11/03/2018 11/03/18 For Sale $539,900 0.0% $98 / Sq Ft
11/03/2018 11/03/18 Price Changed $539,900 -10.0% $98 / Sq Ft
11/01/2018 11/01/18 Off Market $600,000 -- --
05/23/2018 05/23/18 For Sale $599,900 -- $109 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $1,326 $244,100 $244,100 $0
2024 $1,024 $135,600 $135,600 $0
2023 $1,024 $135,600 $135,600 $0
2022 $977 $135,600 $135,600 $0
2021 $977 $135,600 $135,600 $0
2020 $977 $135,600 $135,600 $0
2019 $5,396 $620,200 $193,100 $427,100
2018 $5,277 $620,200 $193,100 $427,100
2017 $5,277 $620,200 $193,100 $427,100
2016 $5,029 $620,200 $193,100 $427,100
2014 $4,843 $620,200 $193,100 $427,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 100631

Outer Banks Association of REALTORS®

APN: 005092002

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