NOT LISTED FOR SALE

70 Cabana Dr Ocracoke, NC 27960

Ocracoke Area

Estimated Value: $303,000 - $998,000

3 Beds
3 Baths
2,461 Sq Ft
$250/Sq Ft Est. Value

Sale Details

Date Sold: October 5, 2018

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

Est. 54% increase in value since last sale

Current estimated payment $3,677 / mo

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

Ocracoke Island Realty License #148274

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,165

Year Built

  • Built in 1978

Lot Details

  • 11,150 Sq Ft 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

0.26 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2017
Closed on
Oct 2, 2018
Sold by
Bought by
Seller's Agent
BJ Oelschlegel
Ocracoke's Lightship Realty
Buyer's Agent
Martha Garrish
Ocracoke Island Realty
List Price
$450,000
Sold Price
$401,000
Premium/Discount to List
-$49,000
-10.89%
Current Estimated Value
$616,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,221
Avg. Annual Appreciation
5.66%
Original Mortgage
$340,850
Outstanding Balance
$296,014
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$320,207
Source: Public Records

Range of Values:

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$401,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • B

    Seller's Agent in 2018

    BJ Oelschlegel

    Ocracoke's Lightship Realty

    (252) 996-0573

    29 Total Sales

    BJ Oelschlegel
    Section Image

  • M

    Buyer's Agent in 2018

    Martha Garrish

    Ocracoke Island Realty

    (252) 921-0125

    102 Total Sales

    Martha Garrish
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 96900

Outer Banks Association of REALTORS®

APN: 9500497610

North Carolina Hyde County Ocracoke 27960

70 Cabana Dr, Ocracoke, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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