NOT LISTED FOR SALE

Estimated Value: $1,330,000 - $5,347,350

7 Beds
6.5 Baths
3,332 Sq Ft
$732/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $699,000 $210 Per Sq Ft

Est. 281% increase in value since last sale

Current estimated payment $15,069/month

266 Days on Market

Highlights

  • Ocean Front
  • Cathedral Ceiling
  • Furnished
  • Cabana
  • Wood Flooring
  • Game Room

About This Home

As of July 2020

2018 rental income is $93,387! Resulting in an 11.9% ROI (investors dream) on this semi-oceanfront home. These are actual number, not a projection. Semi-oceanfront home located in highly desirable Whalehead Beach offering breathtaking ocean views. With 7 bedrooms and 6.5 bathrooms along with expansive exterior decking, private pool, hot tub and game room this home has something for everyone. Large open kitchen, dining area and great room designed perfectly for entertaining any size group. New to Twiddy's rental program for 2017 with rental projection of $97,725 make this home the perfect investment / 2nd home getaway. Need an elevator you say? Not a problem, as this beautiful home is already equipped with centrally located elevator shaft. Make sure you put this property on your must see list!

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 08/22/2019

Keller Williams - Outer Banks

Last Buyer's Agent

Wanda Wise

Outer Banks Realty Group License #223415

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,096

Year Built

  • Built in 1993

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Ocean Front
  • Level Lot

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 3,332 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Game Room
  • Screened Porch
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

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

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot #23

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,096

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: North NC-12 to right on Dolphin St (past Monterey Plaza). Left on Lighthouse Dr, house on the left.
  • Extras: Boardwalk to Beach, Cabana, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck, Dry Entry
  • Flood Zone: X
  • Headline: Rental Machine!
  • Heated Sq Ft: 3332
  • L V T Date: 08/22/2019
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 11
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: res
  • Advertised Income 2020: 87280
  • Deed Book Pg Number: 400
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • 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 w/Ice Maker, Wall Oven, Washer
  • Bedrooms: 7
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Wood, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Washer Connection, Wood Fireplace
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

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

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Size: 100x200
  • Lot Number: Lot #23
  • Estimated Lot Size: 0.46
  • Deed Book: 1032

Rental Info

  • Est Annual Rental Income: 97725
  • Estimated Rental Performance: 0.1398
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Drift Inn
  • Rental Cottage Number: J20892
  • Rental Turnover Day: Saturday
  • Rental Contact Name: Jen Kavanaugh
  • Rental Contact Phone: 252-457-1195

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2019
  • Taxes: 5096.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2019
Closed on
Jul 1, 2020
Sold by
Johnson Themis Economos and Johnson Matthew
Bought by
Rose Richard D and Rose Antoinette J
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Wanda Wise
Outer Banks Realty Group
List Price
$735,000
Sold Price
$699,000
Premium/Discount to List
-$36,000
-4.9%
Current Estimated Value
$2,663,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,964,673
Avg. Annual Appreciation
27.59%
Original Mortgage
$510,000
Outstanding Balance
$458,021
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,981,817
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
Rose Richard D $3,495,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose Family Living Trust $188,000
Open Rose Richard D $510,000
Previous Owner Johnson Mathew Roy $405,000
Previous Owner Johnson Themis Economos $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 Sold $699,000 0.0% $210 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
03/17/2020 03/17/20 Price Changed $699,000 -4.9% $210 / Sq Ft
01/08/2020 01/08/20 For Sale $735,000 0.0% $221 / Sq Ft
01/08/2020 01/08/20 Price Changed $735,000 +5.2% $221 / Sq Ft
01/08/2020 01/08/20 Off Market $699,000 -- --
08/22/2019 08/22/19 For Sale $747,000 -- $224 / 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 $6,667 $743,600 $400,000 $343,600
2023 $6,667 $743,600 $400,000 $343,600
2022 $5,640 $743,600 $400,000 $343,600
2021 $5,625 $667,700 $330,000 $337,700
2020 $5,096 $667,700 $330,000 $337,700
2019 $5,096 $667,700 $330,000 $337,700
2018 $5,096 $667,700 $330,000 $337,700
2017 $4,734 $667,700 $330,000 $337,700
2016 $4,768 $667,700 $330,000 $337,700
2015 $4,828 $668,500 $330,000 $338,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 106289

Outer Banks Association of REALTORS®

APN: 115A-000-0023-0011