NOT LISTED FOR SALE

69 Beach Rd Ocracoke, NC 27960

Estimated Value: $683,735 - $856,000

4 Beds
2 Baths
2,304 Sq Ft
$332/Sq Ft Est. Value

Last Sold January 21, 2016

Last sale price $334,699 $145 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $4,562/month

209 Days on Market

Highlights

  • Coastal Architecture
  • Outdoor Shower
  • Level Lot
  • Screened Porch
  • Ceramic Tile Flooring

About This Home

As of January 2016

Paradise on the island of Ocracoke. Bright, cheerful, memories, what else do you want in a house? This memorable home needs you and your beachy style to bring it back to life. Located at the end of Beach Road you have endless views of the salt marsh. Add a roof top deck and you should have ocean views as well.

Last Listed By

Wayne Strickland

Stellar Properties License #190095 Listed on: 06/01/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,552

Year Built

  • Built in 1998

Lot Details

  • 10,668 Sq Ft Lot
  • Level Lot
  • Unpaved Streets

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,304 Sq Ft Home
  • Screened Porch
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Tuck Under Parking
  • Off-Street Parking

Pool

  • Outdoor Shower

Utilities

  • Heat Pump System
  • Private or Community Septic Tank

Community Details

  • R.S. Wahab Silver Lake And Beach Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 138

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,552

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Bank Owned: Yes
  • Directions: From Hwy 12 turn onto Cedar. Turn left onto Beach Road last house on Left.
  • Extras: Outside Shower, Screened Porch
  • Headline: Island Retreat
  • Heated Sq Ft: 2304
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Zoning: Residentia
  • Deed Book Pg Number: 746
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Microwave, Wall Oven
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Interior Amenities: Dryer Connection, Washer Connection

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle
  • View: Salt Marsh

Garage/Parking

  • Parking: Off Street, Under

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 10668
  • Lot Description: Level
  • Lot Number: Lot 138
  • Deed Book: 221

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2014
  • Taxes: 3552

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2015
Closed on
Dec 16, 2015
Sold by
Deutsche Bank National Trust Co
Bought by
Baumbach Clifford W and Baumbach Barbara J
Seller's Agent
Wayne Strickland
Stellar Properties
Buyer's Agent
BJ Oelschlegel
Ocracoke's Lightship Realty
List Price
$455,800
Sold Price
$334,699
Premium/Discount to List
-$121,101
-26.57%
Total Days on Market
209
Current Estimated Value
$764,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,735
Avg. Annual Appreciation
9.29%
Original Mortgage
$26,759
Outstanding Balance
$21,521
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$742,913

Range of Values:

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Average Value
Not Available
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
Baumbach Clifford W $335,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baumbach Clifford W $26,759
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2016 01/21/16 Sold $334,699 -26.6% $145 / Sq Ft
12/27/2015 12/27/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $455,800 -- $198 / 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 $3,871 $354,354 $126,000 $228,354
2022 $3,389 $370,425 $126,000 $244,425
2021 $3,019 $370,425 $126,000 $244,425
2020 $2,926 $370,425 $126,000 $244,425
2019 $2,926 $370,425 $126,000 $244,425
2018 $2,889 $370,425 $126,000 $244,425
2017 $3,551 $546,358 $280,500 $265,858
2016 $3,551 $546,358 $280,500 $265,858
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Outer Banks Association of REALTORS®

MLS Number: 88327

Outer Banks Association of REALTORS®

APN: 13374