NOT LISTED FOR SALE

95 2nd Ave Ocracoke, NC 27960

Estimated Value: $457,000 - $580,000

2 Beds
1.5 Baths
1,140 Sq Ft
$456/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $450,000 $395 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,253/month

27 Days on Market

About This Home

As of September 2021

This beautiful and well appointed home, was originally a very tiny A-frame. The seller's young son, appropriately anointed it "The Shrimp House". With the artistic eye of the sellers, this cottage has expanded and been made even more comfortable and inviting. A second building, creating a spacious great room and half bath, was built in 1991 and is connected by an open deck to the original A-frame which contains the two bedrooms, one full bath, a second living area and a laundry closet. There are 3 private outdoor spaces: the connecting deck, the screened porch and the side sun deck/outdoor shower area. A small utility shed completes the complex. This 2 bdr/1.5 bath home comes fully furnished and can boast an annual gross rental income of at least $25,000.

Last Agent to Sell the Property

BJ Oelschlegel

Ocracoke's Lightship Realty License #84547 Listed on: 05/27/2021

Last Buyer's Agent

* **Not a Member

**Not a Member License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,440

Year Built

  • Built in 1972

Lot Details

  • 4,829 Sq Ft Lot

Interior Spaces

  • 1,140 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 2 Bedrooms

Community Details

  • Property has a Home Owners Association
  • Sunset Village Subdivision

Listing and Financial Details

  • Tax Lot #39

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,440

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Directions: Rt #12 South, turn right onto Back Road, turn right onto Sunset Drive and then an almost immediate left turn onto North St, North St only turns right and becomes Second Avenue, the subject property is the first house on the left.
  • Headline: Privacy
  • Heated Sq Ft: 1140
  • L V T Date: 05/27/2021
  • Sale/Rent: For Sale
  • Zoning: residentia
  • Deed Book Pg Number: 875
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C16705
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Full Bathrooms: 1
  • Furnishings Available: Yes
  • Partial Bathrooms: 1

Exterior Features

  • Street Frontage: 50

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply

Lot Info

  • Estimated Lot Sq Ft: 4829
  • Lot Number: Lot #39
  • Estimated Lot Size: 0.11
  • Deed Book: 133

Rental Info

  • Rental Co: Ocracoke Island Realty
  • Rental Cottage Name: The Shrimp House
  • Rental Turnover Day: Saturday
  • Rental Contact Name: Listing Agent BJ Oelschlegel 252-996-0573

Building Info

  • Year Built: 1972

Tax Info

  • Year: 2020
  • Taxes: 1440.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Sep 8, 2021
Sold by
Ross Kenneth C and Ross Karen R
Bought by
Sherrill George and Sherrill Karen Flynt
Seller's Agent
BJ Oelschlegel
Ocracoke's Lightship Realty
Buyer's Agent
* **Not a Member
**Not a Member
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$533,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,509
Avg. Annual Appreciation
3.70%
Original Mortgage
$360,000
Outstanding Balance
$329,708
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$189,648

Purchase Details

Closed on
Apr 18, 1989
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sherrill George $900 Wheless & Wheless Pllc
-- $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherrill George $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $450,000 0.0% $395 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $450,000 -- $395 / 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 $4,149 $441,396 $150,000 $291,396
2023 $1,905 $174,469 $78,750 $95,719
2022 $1,668 $182,283 $78,750 $103,533
2021 $1,486 $182,283 $78,750 $103,533
2020 $1,440 $182,283 $78,750 $103,533
2019 $1,440 $182,283 $78,750 $103,533
2018 $1,422 $182,283 $78,750 $103,533
2017 $1,686 $259,455 $150,000 $109,455
2016 $1,686 $259,455 $150,000 $109,455
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    BJ Oelschlegel

    Ocracoke's Lightship Realty

    (252) 996-0573

    28 in this area

    31 Total Sales

    Section Image

  • *

    Buyer's Agent in 2021

    * **Not a Member

    **Not a Member

See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114581

Outer Banks Association of REALTORS®

APN: 9500397989

North Carolina Hyde County Ocracoke 27960

95 2nd Ave, Ocracoke, NC

This home is located at 95 2nd Ave, Ocracoke, NC 27960 since 27 May 2021 and is currently estimated at $519,356, approximately $455 per square foot. This property was built in 1972. 95 2nd Ave is a home located in Hyde County with nearby schools including Ocracoke School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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