NOT LISTED FOR SALE

7600 Cedar Island Dr Nags Head, NC 27959

Estimated Value: $746,000 - $1,401,000

3 Beds
2 Baths
3,671 Sq Ft
$320/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $680,000 $185 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,944/month

37 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Second Refrigerator
  • Cathedral Ceiling
  • Views of a Sound
  • Coastal Architecture
  • 4-minute walk to Whalebone Junction

About This Home

As of January 2021

"SUNSET CENTRAL" Waterfront, and amazing Views! This spacious Coastal Oasis awaits you. Coastal living awaits you with panoramic water views from all living levels..If water sports are your mission, you'll enjoy the fishing, boating, kayaking, paddle boarding, kitesurfing and Jet Skiing right from your backyard! STUNNING SUNRISES and SUNSETS at this waterfront retreat. The large ELEVATOR serves ALL floors, perfect for the whole family, and those grocery days. Three bedrooms on the TOP TWO floors, Lower level is partially finished and could serve as your in-law suite, exercise room, office/study, extra bedroom with Bath with over 1,000 square feet enclosed, how about a little Air B&B. The possibilities are endless. The top floor features spacious custom kitchen with island with gas range/oven, water views and open concept dining and great room. Built in shelving and dual sided gas fireplace. Top floor has large open sundeck with sweeping views of the sound and marsh. Enormous master suite off the main living room with walk in closet, VIEWS and spacious ensuite with large tile bath, double vanity and tile jet tub. Wooden tread stairs lead down to the mid level, additional LIVING ROOM/REC ROOM, kitchenette with full size refrigerator. This floor features the the sunroom/screen porch. Two spacious bedrooms and large bath, tile floors and double vanity. Lower level has enormous partially finished living area and a finished entry and hall. There is a separate entrance/door to lower level. Perfect for an in law suite! Super property with many options for use as primary, second or rental home. Low maintenance vinyl railings, tons of storage and parking. Buy now and finish lower level when possible, SEPTIC APPROVED FOR 4 BEDROOMS. HOUSE PLANS ON FILE.

Last Agent to Sell the Property

Whitney Hawkins

Brindley Beach Vacations & Sal License #187617 Listed on: 10/09/2020

Brindley Beach Vacations & Sal

Co-Listed By

Winston Hawkins

Brindley Beach Vacations & Sal License #188274

Last Buyer's Agent

Lynn Bulman

Howard Hanna Outer Banks Realt License #201230

Howard Hanna Outer Banks Realt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,764

Year Built

  • Built in 2013

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 241x75x245x75
  • 75 Feet of Waterfront
  • Home fronts a sound
  • Property fronts a private road
  • Landscaped
  • Level Lot

HOA Fees

  • $20 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Harbor
  • Canal

Home Design

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

Interior Spaces

  • 3,671 Sq Ft Home
  • Elevator
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Sun or Florida Room
  • Screened Porch

Kitchen

  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Covered Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 1

Community Details

Overview

  • Association fees include common electric, grounds maintenance
  • Karen Korbach Association, Phone Number (757) 547-4290
  • Built by Davenport Builders
  • Lone Cedar Vlg Subdivision

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,764

Year Built

Built in 2013

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Garage Door Opener, Landscaped, Outside Shower, Patio, Screened Porch, Security System, Smoke Detector(s), Inside Laundry Room
  • Flood Zone: AE
  • Subdivision Name: Lone Cedar Village
  • Headline: SUNSETS, Waterfront, Elevator!
  • Heated Sq Ft: 3671
  • L V T Date: 10/09/2020
  • Primary Residence: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unheated Lvarsf: 1057
  • Waterfront Location: Soundfront
  • Zoning: res
  • Deed Book Pg Number: 32
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26756
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Wood, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Some Windows Treated, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: In-Law Apartment, Sun/Florida Room

Exterior Features

  • Homebuilder: Davenport Builders
  • Construction: Frame, Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 75
  • View: Canal, Harbor, Sound, Salt Marsh
  • Water Frontage: 75

Garage/Parking

  • Garage: 1 Car, Attached
  • Garage Sq Ft: 300
  • Parking: Off Street

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Forced Air, Heat Pump, Zoned
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Grounds Maintenance
  • Association Amenities: Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 240
  • Hoa Contact: Karen Korbach
  • HOA Contact: (757) 547-4290
  • Home Owner Dwelling Insurance: 4025

Lot Info

  • Estimated Lot Sq Ft: 18500
  • Lot Description: Level, Water Frontage
  • Lot Faces: S,N
  • Lot Size: 241x75x245x75
  • Lot Number: Lot 1
  • Estimated Lot Size: 0.42
  • Deed Book: 1854

Rental Info

  • Annual Cable TV Expense: 1500
  • Annual Electric: 2400
  • Annual Water Expense: 300

Building Info

  • Year Built: 2013

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2020
  • Taxes: 2764

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Dec 31, 2020
Sold by
Murphy Ann M
Bought by
Hall Robert H and Hall Gale H
Seller's Agent
Whitney Hawkins
Brindley Beach Vacations & Sal
Buyer's Agent
Lynn Bulman
Howard Hanna Outer Banks Realt
List Price
$700,000
Sold Price
$680,000
Premium/Discount to List
-$20,000
-2.86%
Current Estimated Value
$1,170,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,123
Avg. Annual Appreciation
12.77%
Original Mortgage
$502,000
Outstanding Balance
$453,137
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$723,296

Purchase Details

Closed on
Jan 5, 2011
Sold by
Korbach John W
Bought by
Murphy Ann M

Purchase Details

Closed on
Sep 1, 2006
Sold by
Korbach Josephine S
Bought by
Korbach John W
Source: Public Records

Range of Values:

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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
Hall Robert H $680,000 None Available
Murphy Ann M $150,000 None Available
Korbach John W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Robert H $502,000
Previous Owner Murphy Ann M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $680,000 -2.9% $185 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $700,000 -- $191 / 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 $5,537 $743,600 $193,500 $550,100
2023 $2,792 $697,170 $193,500 $503,670
2022 $2,792 $697,200 $193,500 $503,700
2021 $2,764 $690,200 $193,500 $496,700
2020 $2,764 $690,200 $193,500 $496,700
2019 $3,033 $645,300 $166,700 $478,600
2018 $3,033 $645,300 $166,700 $478,600
2017 $3,033 $645,300 $166,700 $478,600
2016 $2,776 $645,300 $166,700 $478,600
2014 $4,498 $645,300 $166,700 $478,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111399

Outer Banks Association of REALTORS®

APN: 007104007