NOT LISTED FOR SALE

70 Cabana Dr Ocracoke, NC 27960

Estimated Value: $280,000 - $769,000

3 Beds
3 Baths
2,461 Sq Ft
$224/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $401,000 $163 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,151/month

419 Days on Market

About This Home

As of October 2018

This three bedroom, three bath home has one "lock out" bedroom/bath suite creating the potential for a whole house weekly rental, or a year round 2 bedroom living option with either a weekly or long term suite rental. The opportunity for income production is great!

Last Agent to Sell the Property

BJ Oelschlegel

Ocracoke's Lightship Realty License #84547 Listed on: 06/23/2017

Last Buyer's Agent

Martha Garrish

Village Realty Holdings dba Ocracoke Island Realty License #148274

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,165

Year Built

  • Built in 1978

Lot Details

  • 0.26 Acre Lot

Interior Spaces

  • 2,461 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Friendly Ocracoke Ridge Subdivision

Listing and Financial Details

  • Tax Lot s 26,27

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,165

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Directions: Route 12 South, right onto Back Road at The Pirates Chest Gift Shop, dog leg to the left just past Blackbeard's Lodge, turn right onto Sunset, take your first right onto Friendly Ridge. house is on the right.
  • Headline: Incredible Rental Potential
  • Heated Sq Ft: 2461
  • L V T Date: 06/24/2017
  • Sale/Rent: For Sale
  • Zoning: residentia
  • Deed Book Pg Number: 411/827
  • Office License Number: C16705
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 3
  • Furnishings Available: Yes

Lot Info

  • Estimated Lot Sq Ft: 11150
  • Lot Number: Lots 26,27
  • Estimated Lot Size: 0.26
  • Deed Book: 93/115

Building Info

  • Year Built: 1978

Tax Info

  • Year: 2017
  • Taxes: 2165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2017
Closed on
Oct 2, 2018
Sold by
Gracovetsky Serge and Gracovetsky Genevieve
Bought by
Bond George P and Bond Betty J
Seller's Agent
BJ Oelschlegel
Ocracoke's Lightship Realty
Buyer's Agent
Martha Garrish
Village Realty Holdings dba Ocracoke Island Realty
List Price
$450,000
Sold Price
$401,000
Premium/Discount to List
-$49,000
-10.89%
Current Estimated Value
$542,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,073
Avg. Annual Appreciation
4.45%
Original Mortgage
$340,850
Outstanding Balance
$296,014
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$254,221
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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
Bond George P $401,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bond George P $340,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2018 10/05/18 Sold $401,000 -6.7% $163 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
01/05/2018 01/05/18 Price Changed $430,000 -4.4% $175 / Sq Ft
12/31/2017 12/31/17 For Sale $450,000 +12.2% $183 / Sq Ft
12/31/2017 12/31/17 Off Market $401,000 -- --
06/23/2017 06/23/17 For Sale $450,000 -- $183 / 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 $3,825 $0 $0 $0
2023 $1,873 $302,750 $116,250 $186,500
2022 $1,640 $179,215 $116,250 $62,965
2021 $1,461 $0 $0 $0
2020 $1,416 $179,215 $116,250 $62,965
2019 $2,312 $292,660 $116,250 $176,410
2018 $2,283 $292,660 $116,250 $176,410
2017 $2,913 $448,197 $272,000 $176,197
2016 $2,913 $448,197 $272,000 $176,197
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: 96900

Outer Banks Association of REALTORS®

APN: 9500497610