NOT LISTED FOR SALE

Estimated Value: $956,000 - $1,177,000

5 Beds
4.5 Baths
2,706 Sq Ft
$397/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $830,000 $307 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,678/month

35 Days on Market

Highlights

  • Ocean View
  • Furnished
  • Balcony
  • Ocean Side of Freeway
  • Community Pool
  • Resident Manager or Management On Site

About This Home

As of August 2022

Meticulously maintained 5 bedroom (with bonus room), 4.5 bath, second row home. This property comes fully furnished and beautifully decorated. With two ocean view master bedrooms, an elevator, wide open living space, and peaceful ocean views there is something for everyone to enjoy. 842 Villas Drive would be an amazing second home or investment property. Treasure Realty estimates $92,817-$104,212 Gross Rental Income if rented with Treasure Realty Full time. It already has over $69,000 booked for 2022. The HOA includes pool maintenance, exterior maintenance, and flood insurance! Do not miss out schedule a showing today!

Last Agent to Sell the Property

Kylie Parkhurst

Treasure Realty Inc License #291291 Listed on: 06/06/2022

Last Buyer's Agent

Raymond Evans III

RE/MAX Elite Realty Group License #237044

RE/MAX Elite Realty Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,159

Year Built

  • Built in 2018

Lot Details

  • 1,307 Sq Ft Lot
  • Property fronts a marsh
  • Property fronts a private road
  • Irrigation

HOA Fees

  • $1,100 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,706 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-in Shower

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Ocean Side of Freeway
  • Balcony

Location

  • Flood Insurance May Be Required

Utilities

  • Central Air
  • Heat Pump System
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 775b-90.2

Community Details

Overview

  • Master Insurance
  • Villas By The Sea Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Security Lighting

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,159

Year Built

Built in 2018

Lot Details

0

HOA Fees

$1,100 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Cobra Zone: Yes
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2018
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: 9Ft+ Ceilings, Ceiling Fan(s), Walk-in Shower, Furnished, Elevator
  • List Price per Sq Ft: 314.12
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 8
  • Sq Ft Heated: 2706.00
  • Total Heated Primary Separate Sq Ft: 2706.00

Exterior Features

  • Exterior Features: Irrigation System, Security Lighting
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Paved, Private
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Gravel, On Site

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Jones-Onslow EMC
  • Service Providers Sewer Provider: Pluris LLC
  • Service Providers Water Provider: Onslow Water Authority
  • Utilities: Municipal Water, Private Sewer
  • Internet Service Provider: Spectrum
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Sewer, Taxes, Master Insure, Management, Maintenance Structure, Maint - Roads, Maint - Grounds, Maint - Comm Areas, Flood Insurance
  • HOAAssociationFee1Year: 13200.00

Schools

  • School District: Onslow

Lot Info

  • Deed Page: 623.00
  • Lot Acres: 0.03
  • Lot Dimensions: irr
  • Lot Sq Ft: 1307.00
  • Lot Water Features: Ocean Side, Second Row
  • Plat Book: 76
  • Plat Page: 21
  • Zoning: R-5
  • Lot View Type: Marsh View, Water View, Sound View, Ocean View

Tax Info

  • Tax Identifier: 775b-90.2
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 5159.43

MLS Schools

  • School District: Onslow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Aug 16, 2022
Sold by
Bauer Michael E and Bauer Nicole M
Bought by
Marco Properties Llc
Seller's Agent
Kylie Parkhurst
Treasure Realty Inc
Buyer's Agent
Raymond Evans III
RE/MAX Elite Realty Group
List Price
$899,900
Sold Price
$830,000
Premium/Discount to List
-$69,900
-7.77%
Current Estimated Value
$1,073,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,776
Avg. Annual Appreciation
9.29%
Original Mortgage
$622,500
Outstanding Balance
$599,115
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$474,661

Purchase Details

Closed on
May 4, 2021
Sold by
L & R Haven Llc
Bought by
Bauer Michael E and Bauer Nicole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2018
Sold by
Howington Building Group Llc
Bought by
L R Haven Llc

Purchase Details

Closed on
Oct 22, 2003
Bought by
Db Ii Llc
Source: Public Records

Range of Values:

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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
Marco Properties Llc $830,000 Mann Mcgibney & Jordan
Bauer Michael E $700,000 None Available
L R Haven Llc $535,000 None Available
Db Ii Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marco Properties Llc $622,500
Previous Owner Bauer Michael E $247,667
Previous Owner Bauer Michael E $500,000
Previous Owner Howington Building Group Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $830,000 -2.4% $307 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
07/10/2022 07/10/22 Price Changed $849,999 -2.8% $314 / Sq Ft
06/22/2022 06/22/22 Price Changed $874,900 -2.8% $323 / Sq Ft
06/10/2022 06/10/22 For Sale $899,900 +662.6% $333 / Sq Ft
10/17/2017 10/17/17 Sold $118,000 -7.8% $45 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
09/20/2017 09/20/17 For Sale $128,000 -74.4% $48 / Sq Ft
08/16/2017 08/16/17 Sold $500,000 0.0% $189 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $500,000 -- $189 / Sq Ft
Source: Hive MLS

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 $7,563 $697,051 $190,000 $507,051
2023 $7,563 $697,051 $190,000 $507,051
2022 $7,563 $697,051 $190,000 $507,051
2021 $5,159 $442,870 $75,000 $367,870
2020 $4,938 $442,870 $75,000 $367,870
2019 $4,938 $442,870 $75,000 $367,870
2018 $786 $75,000 $75,000 $0
2017 $801 $75,000 $75,000 $0
2016 $801 $75,000 $0 $0
2015 $801 $75,000 $0 $0
2014 $801 $75,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100331983

Hive MLS

APN: 775B-90.2