NOT LISTED FOR SALE

72 Cedar Ln Ocracoke, NC 27960

Estimated Value: $336,000 - $763,000

3 Beds
2 Baths
1,384 Sq Ft
$432/Sq Ft Est. Value

Last Sold February 14, 2017

Last sale price $375,000 $271 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,620/month

72 Days on Market

Highlights

  • 18,438 Sq Ft lot
  • Ocracoke School Rated 9+
  • Furnished

About This Home

As of February 2017

This home comes with the last two Jackson Dunes lots on the right hand side of Cedar Lane, abutting the 24.19 acre Lampe Tract, which was given over to the stewardship of The Coastal Land Trust, the same organization which protects Springer's Point. The parcel being sold has +/- 20,000 sq ft. The house is positioned on the outside lot with the Land Trust tract bordering on 3 sides. The second lot is positioned between this house and the neighboring rental property. This home is an island unto itself!

Last Agent to Sell the Property

BJ Oelschlegel

Ocracoke's Lightship Realty License #84547 Listed on: 10/20/2016

Last Buyer's Agent

Rosemarie Doshier

The Doshier Team OBX Realty License #112647

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,608

Year Built

  • Built in 1985

Lot Details

  • 0.42 Acre Lot

Interior Spaces

  • 1,384 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Jackson Dunes Subdivision

Listing and Financial Details

  • Legal Lot and Block s 10,11 / H

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,608

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Directions: Route #12 South, right onto Old Beach Road, take first right onto Middle Road, turn right at the "T" onto Cedar Lane; property is the last building on the right
  • Headline: An island unto itself!
  • Heated Sq Ft: 1384
  • L V T Date: 10/27/2016
  • Sale/Rent: For Sale
  • Zoning: residentia
  • Deed Book Pg Number: 993
  • Office License Number: C16705
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 2
  • Furnishings Available: Yes

Lot Info

  • Estimated Lot Sq Ft: 18438
  • Lot Faces: E
  • Lot Number: Lots 10,11
  • Deed Book: 129

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2016
  • Taxes: 2607.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2021
Sold by
Jordan Ruth
Bought by
Jordan Ruth and Ruth Jordan Revocable Trust
Current Estimated Value
$597,667

Purchase Details

Listed on
Oct 20, 2016
Closed on
Feb 6, 2017
Sold by
Shears Ursula H
Bought by
Jordan Michael M and Jordan Ruth
Seller's Agent
BJ Oelschlegel
Ocracoke's Lightship Realty
Buyer's Agent
Rosemarie Doshier
The Doshier Team OBX Realty
List Price
$395,000
Sold Price
$375,000
Premium/Discount to List
-$20,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$337,500
Outstanding Balance
$278,808
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$318,859
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

Date Buyer Sale Price Title Company
Jordan Ruth -- None Available
Jordan Michael M $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Michael M $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2017 02/14/17 Sold $375,000 -5.1% $271 / Sq Ft
12/31/2016 12/31/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $395,000 -- $285 / 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 $5,745 $611,174 $439,200 $171,974
2023 $2,316 $217,055 $126,000 $91,055
2022 $2,028 $221,660 $126,000 $95,660
2021 $1,807 $221,660 $126,000 $95,660
2020 $1,751 $221,660 $126,000 $95,660
2019 $1,751 $221,660 $126,000 $95,660
2018 $1,729 $221,660 $126,000 $95,660
2017 $2,608 $401,173 $297,500 $103,673
2016 $2,608 $401,173 $297,500 $103,673
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 2017

    BJ Oelschlegel

    Ocracoke's Lightship Realty

    (252) 996-0573

    29 in this area

    32 Total Sales

    BJ Oelschlegel
    Section Image
  • Rosemarie Doshier

    Buyer's Agent in 2017

    Rosemarie Doshier

    The Doshier Team OBX Realty

    (252) 305-3996

    37 Total Sales

    Rosemarie Doshier
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 94177

Outer Banks Association of REALTORS®

APN: 9500696024

North Carolina Hyde County Ocracoke 27960

72 Cedar Ln, Ocracoke, NC

Not Listed for Sale

Detached

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