NOT LISTED FOR SALE

Estimated Value: $694,598 - $726,000

5 Beds
4 Baths
1,835 Sq Ft
$383/Sq Ft Est. Value

Last Sold August 28, 2013

Last sale price $345,000 $188 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $4,093/month

85 Days on Market

Highlights

  • Community Beach Access
  • Lake View
  • Hydromassage or Jetted Bathtub
  • In Ground Pool
  • Cathedral Ceiling
  • Corner Lot

About This Home

As of August 2013

“SANDY ROCKS” and so can you in this comfortable and well maintained home located on a quiet corner lot in Section M of Ocean Sands. Terrific views of the large lake just across the street. Open reverse floor plan, top floor boasts Kitchen, Living Room and large Great Room with wood burning fireplace, along with a large bedroom and bath. The top floor deck also offers a nice screened porch and the Hot Tub looking straight out over the lake. The mid level has another Master Bedroom, and two more bedrooms sharing a hall bath. The ground floor offers a dry entry and has the fifth bedroom and a full bath. New Heat Pump, air handler, hot water heater and all new appliances over the past few years. Insurance expenses include Wind and Hazard total. Short Sale - All offers subject to final bank approval including commission. Lender approved commission will be split equally between listing and selling firm.

Last Agent to Sell the Property

Cory Taylor

Southern Shores Realty License #225898 Listed on: 03/09/2013

Last Buyer's Agent

Wende Pritchard

All About OBX Real Estate License #211523

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,043

Year Built

  • Built in 1994

Lot Details

  • 7,936 Sq Ft Lot
  • Lot Dimensions are 70.2 x 113
  • Corner Lot
  • Level Lot

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,835 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Screened Porch
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower
  • Fiberglass Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot #160

Community Details

Overview

  • Association fees include common electric, common insurance, management, road maintenance, tennis courts, walkways
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,043

Year Built

Built in 1994

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Take 12 North to Corolla, R on Driftwood, 2nd R on Sea Mist, and House on L corner at Waters Edge.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Ocean Sands, Section M
  • Headline: BRING ALL OFFERS!
  • Heated Sq Ft: 1835
  • Potential Short Sale: Yes
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: M
  • Waterfront Location: More than 5th row
  • Zoning: RES
  • Deed Book Pg Number: 828
  • Major Subdivision: Ocean Sands
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Wood Fireplace

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Wood
  • Pool: Yes
  • Pool Type: In Ground, Fiberglass
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 70
  • View: Lake/River

Garage/Parking

  • Garage: Carport

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Electric, Heat Pump, Zoned
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 350
  • Home Owner Dwelling Insurance: 3461

Lot Info

  • Estimated Lot Sq Ft: 7936
  • Lot Description: Corner, Level
  • Lot Faces: S
  • Lot Size: 70.2 X 113
  • Lot Number: Lot #160
  • Deed Book: 866

Rental Info

  • Est Annual Rental Income: 30860
  • Estimated Rental Performance: 0.0894
  • Flood Expenses: 2115
  • Other Expenses: 325000
  • Poolspa Expense: 3005
  • Rental Co: Southern Shores Realty
  • Rental Cottage Name: Sandy Rocks
  • Rental Cottage Number: 771
  • Rental Turnover Day: SATURDAY
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1471
  • Annual Electric: 1683
  • Annual Telephone Expense: 217
  • Annual Water Expense: 1126

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2013
  • Taxes: 2043.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2013
Closed on
Aug 21, 2013
Sold by
Hill Robert C and Hill Mary Anne
Bought by
Newlon Raymond A and Newlon Bonita A
Seller's Agent
Cory Taylor
Southern Shores Realty
Buyer's Agent
Wende Pritchard
All About OBX Real Estate
List Price
$399,900
Sold Price
$345,000
Premium/Discount to List
-$54,900
-13.73%
Current Estimated Value
$703,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,150
Avg. Annual Appreciation
6.06%
Original Mortgage
$310,500
Outstanding Balance
$230,908
Interest Rate
4.39%
Mortgage Type
New Conventional
Estimated Equity
$472,242

Purchase Details

Closed on
May 4, 2005
Sold by
Larue Richard A and Larue Sandra Louise
Bought by
Hill Robert C and Hill Mary Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,600
Interest Rate
5.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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
Newlon Raymond A $345,000 None Available
Hill Robert C $607,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newlon Raymond A $310,500
Previous Owner Hill Robert C $485,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2013 08/28/13 Sold $345,000 -13.7% $188 / Sq Ft
06/02/2013 06/02/13 Pending -- -- --
03/09/2013 03/09/13 For Sale $399,900 -- $218 / 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 $4,035 $333,500 $100,000 $233,500
2023 $4,035 $333,500 $100,000 $233,500
2022 $2,981 $333,500 $100,000 $233,500
2021 $2,592 $324,000 $120,000 $204,000
2020 $2,506 $324,000 $120,000 $204,000
2019 $2,506 $324,000 $120,000 $204,000
2018 $2,538 $324,000 $120,000 $204,000
2017 $2,494 $324,000 $120,000 $204,000
2016 $2,263 $324,000 $120,000 $204,000
2015 $2,078 $324,000 $120,000 $204,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 78142

Outer Banks Association of REALTORS®

APN: 126A-000-0160-000M