NOT LISTED FOR SALE

Estimated Value: $1,002,753 - $1,261,000

6 Beds
8 Baths
3,045 Sq Ft
$370/Sq Ft Est. Value

Sale Details

Date Sold: September 11, 2018

Last sale price $650,000 $213 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $7,001 / mo

371 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Engineered Wood Flooring
  • Knotts Island Elementary School Rated 9+
  • Gated Community
  • Cathedral Ceiling

About This Home

As of September 2018

BEAUTIFUL NEW CONSTRUCTION HOME!...TURNKEY RENTAL MACHINE!..$79,900. income already!... INVESTOR'S DREAM!..THIS HOME ACTUALLY PAYS ITS OWN WAY!virtually no maintainence the 1st 5 years!..Buck Island oceanside home!....CURRENTLY11.8% GOI!.. built by Forrest Seal, LLC!.. prime vacation rental home...amenity packed!...Six master suites, CUSTOM ELEVATOR!..multiple sun and covered porches, game room with wet bar and billiard table, spacious great room with gas fireplace and private pool....Buck Island is a gated community...and yet minutes to the TimBuck Too shopping center, dozens of restaurants, movie theater, coffee shops and scores of shops! Community pool, hot tub, bathhouses, basketball and tennis courts, playground and park...and a private beach access to the wide Corolla beaches!..2017 PARADE OF HOMES WINNER!..Construction features INCLUDE: Allura cement siding, Pella 350 series vinyl windows, therma thru doors, LP smart soffit and facia, white vinyl picket and railings, concrete pool decking with LP Smart pool fence, engineered wood flooring, carpeting and LVT, brushed nickel hardware, white Lancaster Medallion cabinets with granite counter tops in kitchen and baths, GE appliances...complete turn-key home..Outer Banks Furniture package and equipped! ...$79,900 as of 7/11/2018!...11.8%GOI!..on track to generate $85,000!+...projecting 12.6%+ GOI the first year!..WOW!...it's a great deal! $89,125 RENTAL PROJECTION FOR 2019...13.3% G.O.I...UNBEATABLE!

Last Agent to Sell the Property

Daniel Fenyak

Outer Banks Blue Realty Srvcs. License #103918 Listed on: 07/20/2017

Last Buyer's Agent

David Weybright

Coastal Outer Banks Realty License #185816

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,087

Year Built

  • Built in 2017

Lot Details

  • Lot Dimensions are 62x81
  • Property fronts a private road
  • Fenced Yard
  • Level Lot
  • Sprinkler System

HOA Fees

  • $407 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,045 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room

Kitchen

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

Flooring

  • Engineered Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Sun Deck
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 19

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, security, tennis courts, walkways
  • Mandy Robinson Association, Phone Number (252) 453-4343
  • Built by Forrest Seal
  • Bi Buck Island Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,087

Year Built

Built in 2017

Lot Details

5,227 Sq Ft Lot

HOA Fees

$407 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Ceiling Fan(s), Elevator, Fenced Yard, Hot Tub, Lawn Sprinklers, Outside Lighting, Outside Shower, Patio, Sun Deck
  • Flood Zone: X
  • Subdivision Name: Buck Island - Charleston Place
  • Headline: INCOME!...$80K ALREADY!
  • Heated Sq Ft: 3045
  • L V T Date: 07/20/2017
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 761
  • Office License Number: C15771
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Carpet, Wood Laminate, Engineered Wood
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Shipswatch
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: Forrest Seal
  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Gated Community, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 4884
  • Hoa Contact: Mandy Robinson
  • HOA Contact: (252)453-4343
  • Home Owner Dwelling Insurance: 3079

Lot Info

  • Lot Description: Level
  • Lot Faces: East
  • Lot Size: 62X81
  • Lot Number: Lot 19
  • Deed Book: 1399

Rental Info

  • Lease Terms: Weekly
  • Other Insurance Expenses: 463
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Admiral's Galley
  • Rental Cottage Number: I090
  • Rental Phone Number: 2524571110
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 2017

Tax Info

  • Year: 2018
  • Taxes: 3087

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
Jul 20, 2017
Closed on
Aug 31, 2018
Sold by
Bought by
Seller's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
Buyer's Agent
David Weybright
Coastal Outer Banks Realty
List Price
$699,500
Sold Price
$650,000
Premium/Discount to List
-$49,500
-7.08%
Current Estimated Value
$1,125,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,688
Avg. Annual Appreciation
7.21%
Original Mortgage
$450,000
Outstanding Balance
$384,204
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$741,484

Purchase Details

Listed on
Jul 11, 2015
Closed on
Mar 17, 2017
Sold by
Bought by
Seller's Agent
Paul Sabadash
Sun Realty - Corolla
Buyer's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
List Price
$125,000
Sold Price
$85,000
Premium/Discount to List
-$40,000
-32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
291.70%
Original Mortgage
$399,750
Interest Rate
4.19%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 7, 2015
Closed on
Feb 24, 2015
Sold by
Bought by
Seller's Agent
Linda Terry
Tranzon Key
Buyer's Agent
Linda Terry
Tranzon Key
List Price
$99,000
Sold Price
$71,500
Premium/Discount to List
-$27,500
-27.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%

Purchase Details

Closed on
Apr 4, 2012
Sold by
Bought by

Purchase Details

Closed on
Mar 20, 2012
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Corolla, NC

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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
$650,000 None Available
$85,000 Attorney
$357,500 None Available
-- None Available
$50,401 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 $450,000
Previous Owner $399,750
Previous Owner $100,000
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 Prior Sale
09/11/2018 09/11/18 Sold $650,000 -3.3% $213 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
07/20/2018 07/20/18 Price Changed $672,500 -3.2% $221 / Sq Ft
07/13/2018 07/13/18 Price Changed $695,000 -0.6% $228 / Sq Ft
07/02/2018 07/02/18 For Sale $699,500 +7.6% $230 / Sq Ft
07/01/2018 07/01/18 Off Market $650,000 -- --
05/12/2018 05/12/18 Price Changed $699,500 -3.5% $230 / Sq Ft
04/20/2018 04/20/18 Price Changed $725,000 -3.3% $238 / Sq Ft
03/15/2018 03/15/18 For Sale $750,000 0.0% $246 / Sq Ft
03/10/2018 03/10/18 Pending -- -- --
02/24/2018 02/24/18 For Sale $750,000 0.0% $246 / Sq Ft
02/17/2018 02/17/18 Pending -- -- --
01/20/2018 01/20/18 Price Changed $750,000 -5.7% $246 / Sq Ft
11/15/2017 11/15/17 Price Changed $795,000 -3.6% $261 / Sq Ft
10/13/2017 10/13/17 Price Changed $825,000 -4.0% $271 / Sq Ft
07/20/2017 07/20/17 For Sale $859,000 +910.6% $282 / Sq Ft
03/15/2017 03/15/17 Sold $85,000 -32.0% -- View Prior Sale
12/21/2016 12/21/16 Pending -- -- --
07/11/2015 07/11/15 For Sale $125,000 +74.8% --
02/27/2015 02/27/15 Sold $71,500 -27.8% -- View Prior Sale
02/25/2015 02/25/15 Pending -- -- --
01/07/2015 01/07/15 For Sale $99,000 -- --
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
2025 $4,745 $608,900 $90,000 $518,900
2024 $4,745 $608,900 $90,000 $518,900
2023 $4,729 $608,900 $90,000 $518,900
2022 $3,541 $608,900 $90,000 $518,900
2021 $3,526 $529,600 $90,000 $439,600
2020 $3,077 $529,600 $90,000 $439,600
2019 $3,077 $529,600 $90,000 $439,600
2018 $3,087 $520,000 $90,000 $430,000
2017 $432 $150,000 $150,000 $0
2016 $720 $150,000 $150,000 $0
2015 -- $150,000 $150,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 97164

Outer Banks Association of REALTORS®

APN: 116C-000-0019-0000

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