NOT LISTED FOR SALE

Estimated Value: $679,854 - $770,000

3 Beds
2 Baths
1,892 Sq Ft
$386/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $424,000 $224 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,162/month

68 Days on Market

Highlights

  • Views of a Sound
  • Home fronts a sound
  • Cape Cod Architecture
  • First Flight Middle School Rated A-
  • 0.37 Acre Lot
  • Wooded Lot

About This Home

As of January 2020

Caution: An abundance of water views and wildlife located here! This 3 bedroom, 2 bath soundfront oasis has outstanding water views from almost every room in the house. Quietly perched on a half acre homesite with 136 feet of water frontage. The natural setting gives the feeling of living on a boat, especially with the living room addition (16x16) completed in 2011. The addition provides lots of natural light and an open airy layout. Enjoy the spectacular color palettes overlooking the Colington Creek at sunset. This coastal cottage has lots of character and upgrades including; the gorgeous wood beam in great room, the wall of windows, the gas log fireplace trimmed with granite, custom built-in bookcases, 30kw Solar Panel Reverse Metering Electrical System, and Solar Powered Attic Fan; all helping you save drastically on electric bills, HVAC system outfitted with Electrostatic air filter and UV Air Purifier, and infrastructure in place for radiant heated flooring. The dining room is separate and next to the Chef's kitchen. The kitchen has Kenmore Elite stainless appliance including a 6 burner gas range and double convection wall ovens, imported mosaic tile above range, custom tile back splash, ample cabinet space, solid surface countertops, custom tile backsplash, and ceramic tile floors. The spacious master bedroom is on the main level and has a semi private master bath. The master bathroom has custom tile shower and newer vanity. Upstairs are two large dormer style bedrooms, each with lofted ceilings, custom built-in benches with storage, and a shared hall bath with newer vanity, hardware, and tile shower. The ground level has a carport, dry entry, outdoor shower, small covered deck area, 2 storage rooms, and a large yard. Cedar Drive is the perfect location for children and dogs with it's horseshoe shape keeping traffic at a minimum. Buyers will love the private setting, yet centrally located with a minutes drive to shopping, dining, entertainment and the beach access. The new mutli-use path runs along First Street and a great way to escape the hustle and bustle of summer traffic. Although this home was built in 1988 it has been renovated, expanded and is well maintained. This is the perfect spot for a primary home, 2nd home, or vacation rental. See rental projection in associated docs. Home is on community septic and should be able to add a pool. Buyer's agent will need to verify.

Last Agent to Sell the Property

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 09/13/2019

Coldwell Banker Seaside Realty - KDH

Last Buyer's Agent

Jeanne-Marie DeStefano

Keller Williams - Outer Banks License #282161

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,669

Year Built

  • Built in 1988

Lot Details

  • 0.37 Acre Lot
  • Home fronts a sound
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,892 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Workshop
  • Views of a Sound
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Storage Shed

Utilities

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

Community Details

  • First Flt Vill Subdivision

Listing and Financial Details

  • Tax Lot #99

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,669

Year Built

Built in 1988

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Cape Cod
  • Directions: Turn W on First St, past Oyster Point, turn right on Cedar, home is on the right.
  • Extras: Ceiling Fan(s), Outside Shower, Smoke Detector(s), Storage Shed, Sun Deck
  • Flood Zone: AE
  • Headline: Solar Panels/Pool can fit!
  • Heated Sq Ft: 1892
  • L V T Date: 09/13/2019
  • Primary Residence: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: Soundfront
  • Zoning: RES
  • Deed Book Pg Number: 0055
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Countertops: Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 2
  • Interior Amenities: All Window Treatments, Dryer Connection, Washer Connection, Wood Fireplace
  • Optional Rooms: Workshop

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle
  • View: Sound

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 300

Lot Info

  • Estimated Lot Sq Ft: 16000
  • Lot Description: Water Frontage, Wooded
  • Lot Size: 136x
  • Lot Number: Lot#99
  • Estimated Lot Size: 0.37
  • Deed Book: 2318

Rental Info

  • Est Annual Rental Income: 28532
  • Estimated Rental Performance: 0.0673

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2019
  • Taxes: 2669.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2023
Sold by
Oliff Areca J
Bought by
Oliff Areca J
Current Estimated Value
$729,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$583,838
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$145,876

Purchase Details

Closed on
Aug 8, 2019
Sold by
Giglia John A
Bought by
John A Giglia Ret

Purchase Details

Closed on
Jan 9, 2008
Sold by
Walter Julie A and Mcleod Julie A
Bought by
Giglia John A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Oliff Areca J -- None Listed On Document
John A Giglia Ret -- --
John A Giglia Ret -- --
Giglia John A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliff Areca J $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2020 01/24/20 Sold $424,000 -2.5% $224 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $435,000 0.0% $230 / Sq Ft
11/05/2019 11/05/19 For Sale $435,000 0.0% $230 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
10/21/2019 10/21/19 Pending -- -- --
10/14/2019 10/14/19 Price Changed $435,000 -2.2% $230 / Sq Ft
09/27/2019 09/27/19 Price Changed $445,000 -1.1% $235 / Sq Ft
09/13/2019 09/13/19 For Sale $450,000 -- $238 / 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
2025 $3,763 $692,700 $369,000 $323,700
2024 $3,322 $439,700 $178,300 $261,400
2023 $3,322 $439,700 $178,300 $261,400
2022 $3,168 $439,700 $178,300 $261,400
2021 $3,168 $439,700 $178,300 $261,400
2020 $3,068 $425,800 $178,300 $247,500
2019 $2,669 $306,800 $166,000 $140,800
2018 $2,611 $306,800 $166,000 $140,800
2017 $2,611 $306,800 $166,000 $140,800
2016 $2,488 $306,800 $166,000 $140,800
2014 $2,476 $306,800 $166,000 $140,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 106503

Outer Banks Association of REALTORS®

APN: 028479000