NOT LISTED FOR SALE

55 First Ave Ocracoke, NC 27960

Estimated Value: $400,000 - $535,000

2 Beds
1 Bath
884 Sq Ft
$514/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $375,000 $424 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,671/month

4 Days on Market

Highlights

  • Coastal Architecture
  • Main Floor Bedroom
  • Living Room
  • Cathedral Ceiling
  • Screened Porch
  • Ceiling Fan

About This Home

As of June 2022

Looking for an affordable, charming, elevated, single story home on Ocracoke? Your search ends here! "Bea Hive" is a 2 bed/1 bath home in a residential area with a mix of year-round primary homes and rental cottages. Open living/dining/kitchen with cathedral ceiling, kitchen bar area for extra seating, storage shed with washer/dryer and a spacious screened porch. Conveniently located to all shops, restaurants, island activities and galleries. Currently being rented as a year-round home but has been a successful weekly rental in the past.

Last Listed By

Martha Garrish

Village Realty Holdings dba Ocracoke Island Realty License #148274 Listed on: 05/03/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,446

Year Built

  • Built in 1990

Lot Details

  • 4,966

Home Design

  • Coastal Architecture
  • Cottage
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 884 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Storage Shed
  • Level Lot

Community Details

  • Sunset Village Subdivision

Listing and Financial Details

  • Tax Lot # 21

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,446

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal, Cottage
  • Directions: From Hwy 12 S make a right on Back Rd., turn right on Sunset Drive, make first left (North), make a right on First Avenue. The subject property will be on the left.
  • Extras: Ceiling Fan(s), Screened Porch, Smoke Detector(s), Storage Shed
  • Headline: Charming Single Story!!!
  • Heated Sq Ft: 884
  • L V T Date: 05/05/2022
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 62
  • 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: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 1
  • Kitchen: On Level: 1
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 1
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s)
  • Living Room: On Level: 1

Exterior Features

  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: 160 sq. ft

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: Lot# 21
  • Deed Book: 264

Rental Info

  • Lease Terms: Month to Month

Building Info

  • Year Built: 1990

Tax Info

  • Year: 2021
  • Taxes: 1446

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jun 10, 2022
Sold by
Beard Barbara J and Beard Edward L
Bought by
Jaw Beach Properties Llc
Seller's Agent
Martha Garrish
Village Realty Holdings dba Ocracoke Island Realty
Buyer's Agent
Joseph Staten
OBX Island Realty
List Price
$375,000
Sold Price
$375,000
Total Days on Market
4
Current Estimated Value
$454,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,007
Avg. Annual Appreciation
6.90%

Purchase Details

Closed on
Jan 26, 2015
Sold by
Koenig Deborah Bland and Berry James Harold
Bought by
Beard Barbara J and Beard Edward L

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Ocracoke, NC

  • 109 Winnie Blount Rd Unit Lot 73, Ocracoke, NC 27960

    $549,900

    • 3 Beds
    • 2.5 Baths
    • 1,561 Sq Ft
    • 109 Winnie Blount Rd
    • Unit Lot 73
    • Ocracoke, NC

    “Hydeaway” offers a seamless blend of indoor and outdoor living. Nestled on a quiet road near the heart of Ocracoke Village, this attractive 3 bed/2.5 bath home (plus bonus room) is in a quiet, eclectic residential neighborhood just minutes from all the shopping, dining, and entertainment of the village & a short drive to the beach. Step onto the inviting front porch (complete with Adirondack

    Donna Drilling Village Realty Holdings dba Ocracoke Island Realty

    Section Image
  • 15 Bebe Ln Unit Lot 1 C, Ocracoke, NC 27960

    $395,000

    • 2 Beds
    • 2 Baths
    • 1,056 Sq Ft
    • 15 Bebe Ln
    • Unit Lot 1 C
    • Ocracoke, NC

    A fixer upper in a great neighborhood. Off the beaten path, one block off of Pamlico Sound and nestled in a quiet mixed use subdivision this is a great opportunity to get a foothold in owning a piece of island paradise. While there is some repair work to be done the overall condition of the home is solid and the repair work needed relative to the total value of the home is relatively small. The

    Daphne Bennink Ocracoke's Lightship Realty

    Section Image

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
Jaw Beach Properties Llc $375,000 Malarney & Mccown Pllc
Beard Barbara J $275,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $375,000 0.0% $424 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $375,000 -- $424 / 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
2023 $1,853 $171,942 $78,750 $93,192
2022 $1,623 $177,328 $78,750 $98,578
2021 $1,445 $177,328 $78,750 $98,578
2020 $1,401 $177,328 $78,750 $98,578
2019 $1,401 $177,328 $78,750 $98,578
2018 $1,383 $177,328 $78,750 $98,578
2017 $1,769 $272,132 $170,000 $102,132
2016 $1,769 $272,132 $170,000 $102,132
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 118745

Outer Banks Association of REALTORS®

APN: 96