NOT LISTED FOR SALE

Estimated Value: $687,000 - $879,000

5 Beds
4.5 Baths
2,100 Sq Ft
$371/Sq Ft Est. Value

Last Sold December 13, 2018

Last sale price $350,000 $167 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $4,518/month

314 Days on Market

Highlights

  • Beach Access
  • Outdoor Pool
  • Coastal Architecture
  • Home fronts a sound
  • Clubhouse
  • Cathedral Ceiling

About This Home

As of December 2018

BEAUTIFUL SEMI-SOUNDFRONT HOME IN MONTERAY SHORES!! X FLOOD ZONE SO NO FLOOD INSURANCE REQUIRED!! FRESHLY PAINTED EXTERIOR!! Nestled in a peaceful and private setting, this meticulously maintained home is tastefully appointed and attractively furnished. Featuring 5 spacious bedrooms, a bright and open floor plan, private pool and hot tub, and much more! Renters love this charming home and pride of ownership shows! Recent updates include: Newly painted exterior, HVAC, Concrete around pool, New carpet throughout, Kitchen floor, Living room sofas, Dishwasher, Bathroom flooring, & Flat screen TVs (3)!! Located in the desirable community of Monteray Shores...enjoy all of the amenities including the Club House with fitness center, playground, basketball court, tennis courts, pool, and sound access and pier! This home is a MUST SEE!!

Last Agent to Sell the Property

Melanie Day

Landmark Sotheby's International Realty License #219374 Listed on: 12/15/2017

Landmark Sotheby's International Realty

Last Buyer's Agent

Heather McLay

Landmark Sotheby's International Realty License #188982

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,910

Year Built

  • Built in 2001

Lot Details

  • Home fronts a sound
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $124 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,100 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Window Treatments
  • Utility Room

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Spa

Outdoor Features

  • Beach Access
  • Sun Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 219

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, tennis courts
  • Monteray Shores Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,910

Year Built

Built in 2001

Lot Details

0

HOA Fees

$124 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Hot Tub, Sun Deck
  • Flood Zone: X
  • Subdivision Name: Monteray Shores
  • Headline: GORGEOUS SEMI-SOUNDFRONT
  • Heated Sq Ft: 2100
  • L V T Date: 12/15/2017
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 677
  • Office License Number: C14121
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Washer Connection
  • Optional Rooms: Utility Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Heat Pump, Zoned
  • Septic Fee: 978
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Tennis Courts
  • Association Amenities: Clubhouse, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 1490
  • Home Owner Dwelling Insurance: 2851

Lot Info

  • Lot Description: Cul-de-sac, Level
  • Lot Number: Lot 219
  • Deed Book: 736

Rental Info

  • Est Annual Rental Income: 34190
  • Estimated Rental Performance: 0.0977
  • Flood Expenses: 724
  • Lease Terms: Weekly
  • Other Expenses: 86
  • Poolspa Expense: 2700
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Almost Heaven
  • Rental Cottage Number: MS160
  • Rental Phone Number: 252-261-2222
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 990
  • Annual Electric: 2860
  • Annual Telephone Expense: 745
  • Annual Water Expense: 958

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2017
  • Taxes: 1910

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2017
Closed on
Dec 5, 2018
Sold by
Nichols William P and Nichols Maureen M
Bought by
Hargraves James S and Hargraves Diane E
Seller's Agent
Melanie Day
Landmark Sotheby's International Realty
Buyer's Agent
Heather McLay
Landmark Sotheby's International Realty
List Price
$366,000
Sold Price
$350,000
Premium/Discount to List
-$16,000
-4.37%
Current Estimated Value
$778,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,609
Avg. Annual Appreciation
12.16%
Original Mortgage
$130,000
Outstanding Balance
$114,978
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$647,761

Purchase Details

Closed on
Dec 11, 2003
Bought by
Nichols Maureen M and Nichols William P
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
Hargraves James S $350,000 None Available
Nichols Maureen M $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hargraves James S $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2018 12/13/18 Sold $350,000 -2.5% $167 / Sq Ft
10/25/2018 10/25/18 Pending -- -- --
09/17/2018 09/17/18 Price Changed $359,000 -1.6% $171 / Sq Ft
03/14/2018 03/14/18 Price Changed $364,900 -0.3% $174 / Sq Ft
12/15/2017 12/15/17 For Sale $366,000 -- $174 / 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 $3,388 $400,300 $60,000 $340,300
2023 $2,991 $393,000 $60,000 $333,000
2022 $2,525 $393,000 $60,000 $333,000
2021 $2,510 $332,500 $65,000 $267,500
2020 $2,103 $332,500 $65,000 $267,500
2019 $2,103 $332,500 $65,000 $267,500
2018 $2,103 $332,500 $65,000 $267,500
2017 $1,910 $332,500 $65,000 $267,500
2016 $1,910 $332,500 $65,000 $267,500
2015 $1,910 $332,500 $65,000 $267,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 98730

Outer Banks Association of REALTORS®

APN: 115C-000-0219-0000