NOT LISTED FOR SALE

Estimated Value: $725,000 - $805,000

5 Beds
5.5 Baths
2,596 Sq Ft
$294/Sq Ft Est. Value

Last Sold January 22, 2020

Last sale price $383,000 $148 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,431/month

611 Days on Market

Highlights

  • Ocean View
  • Health Club
  • Clubhouse
  • Boat Dock
  • In Ground Pool
  • Coastal Architecture

About This Home

As of January 2020

Just Reduced! Priced to Sell! Beautiful Ocean Views, Sunrises and Sunsets from this well maintained 5 Master Bedroom home with awesome Private Pool, Rec Room and straight shot to beach access. Strong Estimated 10.81% Rental Projection. Spacious , Bright and Open well designed home with top level featuring Cathedral Ceilings, Large Kitchen, generous Living room and Dining room. Top level features a Ship's Watch and a Master bedroom with private deck access. The decks are expansive and 4 Master Bedrooms have their own private deck access. A half bath is located between the top and second level for easy access from the top level. The Mid Level boasts a sitting area with deck access and 3 generous sized Master Bedrooms. The Ground level has a Rec Room/sitting area, Bedroom with hall bath and access from Pool area to the bathroom. Pool area is very private and oversized with a Hot Tub. This home has lots of storage, is greatly elevated, and located in Flood Zone X on an Oversized Corner Lot in a Cul de Sac. Recent improvements are: 2018 Living Room Furniture, 2017 Down Stairs Refrigerator and Down Spouts on top Living Room Deck, 2016 Lower AC Unit & Pump, 2015 Hot Tub Cover, 2014 Painted Inside/Outside/Trim Painting, Trex Steps, Middle AC Unit & Pump, Washer, Dryer, Upstairs Refrigerator, All New Mattresses, 2013 TV Living Room, Top AC Unit & Pump. The Monteray Shores HOA Community amenities are fabulous with Pool, Fitness Center, Boat Ramp, 2 Board Walks showcasing the Sound, Tennis Courts, Basketball Courts and Play Ground. Home has been a true second home for several years. Estimated Rental Projection for Advertised Gross Rental Income is $43,215 which is a 10.81%% GRI. If you are looking for a lovingly maintained home with beautiful Ocean Views, Sunrises and Sunsets, 5 Master Bedrooms, Spacious, Flood Zone X, Private Pool area and Rec Room, then this is the home for you!

Last Agent to Sell the Property

Sandra LaRue

Corolla Beach Realty License #244093 Listed on: 04/06/2018

Co-Listed By

Daniel LaRue

Corolla Beach Realty License #257370

Last Buyer's Agent

Catherine Strachan

Brindley Beach Vacations & Sales-Duck License #246162

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,207

Year Built

  • Built in 1999

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Corner Lot
  • Level Lot

HOA Fees

  • $128 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 2,596 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Dining Room
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot lot 287

Community Details

Overview

  • Association fees include pool
  • Kathy Scott Association, Phone Number (252) 453-4945
  • Monteray Shores Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,207

Year Built

Built in 1999

Lot Details

0

HOA Fees

$128 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Route 12 North, Take Left at Monteray Shores entrance where the pool and fitness center are located. Bear Left on Monteray Shores Drive and follow to the end. Turn Left on South Point Court. Green house on the left.
  • Extras: Ceiling Fan(s), Common Laundry Area, Covered Decks, Hot Tub, Patio, Sun Deck, Dry Entry
  • Flood Zone: X
  • Headline: OceanViews/Maintained/10.8%GRI
  • Heated Sq Ft: 2596
  • L V T Date: 04/06/2018
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: RES
  • Deed Book Pg Number: 419
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C18834
  • 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: 5
  • Bedroom 1: Master, On Level: 3
  • Bedroom 2: Master, On Level: 2
  • Bedroom 3: Master, On Level: 2
  • Bedroom 4: Master, On Level: 2
  • Bedroom 5: Hall Bath, On Level: 1
  • Kitchen: Spacious, On Level: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Pantry
  • Dining Room: On Level: 3
  • Game Room: Large, On Level: 1
  • Living Room: Ocean View, On Level: 3
  • Optional Rooms: Foyer, Game Room, Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: In Ground, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: E and W
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Pool
  • Association Amenities: Boat Ramp, Clubhouse, Health Club, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground, Sound Access
  • Estimated Annual Fee: 1535
  • Hoa Contact: Kathy Scott
  • HOA Contact: 252.453.4945

Lot Info

  • Lot Description: Corner, Cul-de-sac, Level
  • Lot Number: lot 287
  • Deed Book: 1313

Rental Info

  • Est Annual Rental Income: 43215
  • Estimated Rental Performance: 0.1128
  • Rental Co: Paramount Destinations
  • Rental Cottage Name: Sea Treasures II
  • Rental Cottage Number: MS287
  • Rental Phone Number: 866-753-3045
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2019
  • Taxes: 2207.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2024
Sold by
Elliott Craig Charles and Elliott Pamela
Bought by
Elliott Pamela
Current Estimated Value
$761,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,460
Outstanding Balance
$183,464
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$578,474

Purchase Details

Listed on
Apr 6, 2018
Closed on
Jan 13, 2020
Sold by
Wilson George L and Wilson Susan T
Bought by
Elliott Craig Charles and Elliott Pamela
Seller's Agent
Sandra LaRue
Corolla Beach Realty
Buyer's Agent
Catherine Strachan
Brindley Beach Vacations & Sales-Duck
List Price
$439,900
Sold Price
$383,000
Premium/Discount to List
-$56,900
-12.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.87%
Original Mortgage
$268,100
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2014
Sold by
Wilson George L and Wilson Susan C
Bought by
The Wilson Family Revocable Living Trust and Wilson Susan T

Purchase Details

Closed on
Jun 29, 2009
Sold by
Barber Michael W and Barber Rebecca A
Bought by
Wilson George L and Wilson Susan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2005
Sold by
Sandy Ego Llc
Bought by
Ross Brett A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,250
Interest Rate
5.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 28, 2005
Sold by
Ross Brett A and Ross Amy M
Bought by
Sandy Ego Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,400
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 21, 2005
Sold by
Barber Michael W
Bought by
Corolla Getaway Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,400
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Elliott Pamela -- None Listed On Document
Elliott Pamela -- None Listed On Document
Elliott Pamela -- None Listed On Document
Elliott Craig Charles $383,000 None Available
The Wilson Family Revocable Living Trust -- None Available
Wilson George L $400,000 None Available
Ross Brett A -- None Available
Sandy Ego Llc -- None Available
Corolla Getaway Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Pamela $186,460
Closed Elliott Pamela $186,460
Previous Owner Elliott Craig Charles $268,100
Previous Owner Wilson George L $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2020 01/22/20 Sold $383,000 -4.2% $148 / Sq Ft
12/08/2019 12/08/19 Pending -- -- --
11/09/2019 11/09/19 Price Changed $399,900 -3.6% $154 / Sq Ft
09/10/2019 09/10/19 Price Changed $415,000 -2.4% $160 / Sq Ft
06/17/2019 06/17/19 Price Changed $425,000 -1.8% $164 / Sq Ft
04/04/2019 04/04/19 Price Changed $433,000 -1.6% $167 / Sq Ft
11/07/2018 11/07/18 For Sale $439,900 0.0% $169 / Sq Ft
10/28/2018 10/28/18 Pending -- -- --
09/09/2018 09/09/18 Price Changed $439,900 -2.2% $169 / Sq Ft
06/14/2018 06/14/18 Price Changed $449,900 -3.2% $173 / Sq Ft
04/06/2018 04/06/18 For Sale $465,000 -- $179 / 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 $3,351 $402,200 $50,000 $352,200
2023 $3,351 $402,200 $50,000 $352,200
2022 $2,537 $402,200 $50,000 $352,200
2021 $2,518 $356,600 $70,000 $286,600
2020 $2,212 $356,600 $70,000 $286,600
2019 $2,207 $356,600 $70,000 $286,600
2018 $2,160 $356,600 $70,000 $286,600
2017 $1,962 $356,600 $70,000 $286,600
2016 $1,962 $356,600 $70,000 $286,600
2015 -- $356,600 $70,000 $286,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99962

Outer Banks Association of REALTORS®

APN: 115C-000-0287-0000