NOT LISTED FOR SALE

Estimated Value: $434,000 - $603,000

3 Beds
2 Baths
1,980 Sq Ft
$247/Sq Ft Est. Value

Last Sold September 28, 2012

Last sale price $205,000 $104 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,870/month

179 Days on Market

Highlights

  • 62,290 Sq Ft lot
  • Marble Countertops
  • Attic
  • Ranch Style House
  • Hydromassage or Jetted Bathtub
  • Game Room

About This Home

As of September 2012

Looking for the perfect property to raise a family or perhaps retire in a friendly peaceful area? This 3 bedroom, 2 bath home built in 2005 has the feel of a brand new home and is situated on a spacious 1.43 acre lot. The spacious covered porch facing a large back yard would be the perfect place for outdoor entertaining or just nature watching. The open floor plan with living, dining, and kitchen areas add to the ease of entertaining. This home has many special touches such as the well-designed built-in entertainment area surrounding the gas fireplace in the living room. The master suite, located in the back of the house, has its own private entrance to the covered back porch. Two closets, with one being a walk-in closet, a dressing area, and a large master bath has a jetted tub, large vanity, and a separate shower and toilet area, making this home a must see! The other two bedrooms sit on the opposite side of the house and share a full bath. In addition, a finished "bonus room" over the garage with interior steps leading up to it make this an amazing space for a home office, game room, or perhaps a playroom for the kids. The attached 2 car garage and a separate laundry add to making this home extremely friendly for everyday living and entertaining too. You won't want to miss out on the serenity that this home offers, while being close to essential amenities and only about a 10 minute drive to the beaches of the outer banks. Purchase this property for only 3% down! This is a Fannie Mae HomePath property. This property is approved for HomePath Mortgage Financing and HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Richard Hess

Sun Realty - KDH License #130782 Listed on: 04/01/2012

Last Buyer's Agent

Nicole Walsh

Outer Banks Realty Group, LLC License #196837

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $807

Year Built

  • Built in 2005

Lot Details

  • 1.43 Acre Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Masonry Perimeter Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,980 Sq Ft Home
  • Elevator
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Utility Room
  • Washer and Dryer Hookup
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Marble Countertops
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Parking

  • Garage
  • Carport

Outdoor Features

  • Covered Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Private or Community Septic Tank

Community Details

  • Grandy Woods Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$807

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Ranch
  • Bank Owned: Yes
  • Directions: 158 in Jarvisburg, L on Garrenton Rd, follow til road ends, take R on Grandy Rd, house on L
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Jet Tub, Smoke Detector(s)
  • Headline: Under $210,000
  • Heated Sq Ft: 1980
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: RES
  • Deed Book Pg Number: 2
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bedroom 1: 15 x 15
  • Bedroom 2: 15 x 12
  • Bedroom 3: 11 x 12
  • Kitchen: 11.5 x 9.5
  • Countertops: Marble, Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Masonry
  • Full Bathrooms: 2
  • Interior Amenities: 9' Ceilings, All Window Treatments, Attic, Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Walk in Closet, Washer Connection
  • Dining Room: 14 x 16
  • Living Room: 20 x 16
  • Optional Rooms: Game Room, Office, Utility Room
  • Optional Room 1: FROG

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: 8 x 29.5
  • Exterior: Brick, Vinyl
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 125

Garage/Parking

  • Garage: 2 Car, Attached
  • Garage Sq Ft: 484

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 62290
  • Lot Description: Easement(s), Level
  • Lot Number: Lot 3
  • Deed Book: 1042

Building Info

  • Year Built: 2005

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2010
  • Taxes: 807

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2012
Closed on
Sep 6, 2012
Sold by
Fannie Mae
Bought by
Townsend Timothy M and Townsend Joan L
Seller's Agent
Richard Hess
Sun Realty - KDH
Buyer's Agent
Nicole Walsh
Outer Banks Realty Group, LLC
List Price
$229,900
Sold Price
$205,000
Premium/Discount to List
-$24,900
-10.83%
Current Estimated Value
$501,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,799
Avg. Annual Appreciation
6.78%
Original Mortgage
$201,286
Outstanding Balance
$136,152
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$353,002

Purchase Details

Closed on
May 7, 2012
Sold by
Dagostino Madeline L and Barnhouse Brett R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 6, 2008
Sold by
Barnhouse Brett R and Dagostino Madeline L
Bought by
Dagostino Madeline L

Purchase Details

Closed on
Nov 8, 2005
Sold by
Rose William E and Rose Debra Ann
Bought by
Barnhouse Brett R and Dagostino Madeline L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Townsend Timothy M -- None Available
Federal National Mortgage Association $271,446 None Available
Dagostino Madeline L -- None Available
Barnhouse Brett R $308,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Townsend Timothy M $201,286
Previous Owner Barnhouse Brett R $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2012 09/28/12 Sold $205,000 -10.8% $104 / Sq Ft
09/27/2012 09/27/12 Pending -- -- --
04/01/2012 04/01/12 For Sale $229,900 -- $116 / 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
2025 $2,888 $380,400 $54,000 $326,400
2024 $2,888 $380,400 $54,000 $326,400
2023 $2,870 $380,400 $54,000 $326,400
2022 $2,228 $380,400 $54,000 $326,400
2021 $2,212 $283,500 $45,000 $238,500
2020 $1,661 $283,500 $45,000 $238,500
2019 $1,661 $283,500 $45,000 $238,500
2018 $1,661 $206,200 $45,000 $161,200
2017 $1,104 $206,200 $45,000 $161,200
2016 $1,104 $206,200 $45,000 $161,200
2015 $1,104 $206,200 $45,000 $161,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 74756

Outer Banks Association of REALTORS®

APN: 0095-000-064E-0000