NOT LISTED FOR SALE

Estimated Value: $1,702,000 - $2,056,601

6 Beds
5.5 Baths
3,565 Sq Ft
$540/Sq Ft Est. Value

Last Sold November 25, 2013

Last sale price $1,120,000 $314 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $11,274/month

48 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Main Floor Bedroom
  • Ocean Front
  • Wood Flooring
  • Furnished

About This Home

As of November 2013

Beautiful, well-appointed and maintained semi-oceanfront home, on a huge, one of a kind oversized lot (21,469 SF) on a private cul-de-sac, in the prestigious Pine Island Subdivision. Lots of decking and ocean views forever. This home offers direct access and easy walk to the beach. Consistent rental income, with owner using some prime weeks, has the potential to do $95K. Renters love this home, and you will too! Private pool and hot tub. Home was completely resided in 2011, including trim, soffits and flashing with Nichiha fiber cement shingles/board, approximately a $100K improvement that makes this home better than new! This product has a limited lifetime transferable warranty. Sunday turnover. Seller intends to execute a 1031 Starker Exchange.

Last Agent to Sell the Property

John Booth

Brindley Beach Vacations & Sal License #188803 Listed on: 08/27/2013

Co-Listed By

Scott Wheeler

Celebration Realty License #274905

Last Buyer's Agent

Scott Wheeler

Celebration Realty License #274905

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,310

Year Built

  • Built in 1996

Lot Details

  • Ocean Front
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • Tuck Under Parking

Home Design

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

Interior Spaces

  • 3,565 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Municipal Utilities District Sewer

Listing and Financial Details

  • Tax Lot #85

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, security, tennis courts
  • Built by BD&A
  • Pine Island Pud Subdivision

Amenities

  • Common Area

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,310

Year Built

Built in 1996

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Beach Access, Ceiling Fan(s), Hot Tub, Landscaped, Outside Shower, Security System, Smoke Detector(s), Sun Deck
  • Flood Zone: VE
  • Subdivision Name: Pine Island PUD
  • Headline: SEMI-OCEANFRONT IN PINE ISLAND
  • Heated Sq Ft: 3565
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 48
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 6
  • Bedroom 1: On Level: Ground
  • Bedroom 2: On Level: Ground
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 1
  • Bedroom 5: On Level: 1
  • Bedroom 6: On Level: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Wood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Gas Fireplace, Ensuite, Some Windows Treated, Washer Connection
  • Dining Room: Airy, On Level: 2
  • Living Room: Open, On Level: 2
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: BD&A
  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool Type: Outdoor, In Ground
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Security, Tennis Courts
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Off Site Pool, Outdoor-Comm. Tennis, Park, Playground, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 2495
  • Home Owner Dwelling Insurance: 6000

Lot Info

  • Lot Description: Cul-de-sac
  • Lot Number: Lot #85
  • Deed Book: 1232

Rental Info

  • Est Annual Rental Income: 70500
  • Estimated Rental Performance: 0.0629
  • Lease Terms: Weekly
  • Other Expenses: 800
  • Poolspa Expense: 3000
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Quisisana
  • Rental Cottage Number: EO85
  • Rental Phone Number: 457-1100
  • Rental Turnover Day: Sun
  • Annual Cable TV Expense: 852
  • Annual Electric: 2500
  • Annual Water Expense: 1200

Building Info

  • Year Built: 1996

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2013
  • Taxes: 5310

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2013
Closed on
Nov 26, 2013
Sold by
Sandydune Llc
Bought by
Sellig Thomas Edward and Selig Tiffany Mason
Seller's Agent
John Booth
Brindley Beach Vacations & Sal
Buyer's Agent
Scott Wheeler
Celebration Realty
List Price
$1,295,000
Sold Price
$1,120,000
Premium/Discount to List
-$175,000
-13.51%
Current Estimated Value
$1,926,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$806,400
Avg. Annual Appreciation
4.71%
Original Mortgage
$840,000
Outstanding Balance
$611,828
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,314,572

Purchase Details

Closed on
Jul 26, 2012
Sold by
Unger Anthony S and Unger Aileen M
Bought by
The Unger Family Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2011
Sold by
Unger Anthony S and Unger Aileen M
Bought by
The Unger Family Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2010
Sold by
The Unger Family Llc
Bought by
Unger Anthony S and Unger Aileen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
4.4%
Mortgage Type
New Conventional
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
Sellig Thomas Edward $1,120,000 None Available
The Unger Family Llc -- None Available
Unger Anthony S -- None Available
The Unger Family Llc -- None Available
Unger Anthony S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sellig Thomas Edward $840,000
Previous Owner Unger Anthony S $622,000
Previous Owner Unger Anthony S $632,000
Previous Owner Unger Anthony S $658,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2013 11/25/13 Sold $1,120,000 -13.5% $314 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
08/27/2013 08/27/13 For Sale $1,295,000 -- $363 / 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 $7,813 $1,048,000 $605,000 $443,000
2023 $7,813 $1,048,000 $605,000 $443,000
2022 $5,788 $1,048,000 $605,000 $443,000
2021 $5,773 $994,200 $550,000 $444,200
2020 $5,547 $994,200 $550,000 $444,200
2019 $5,546 $994,200 $550,000 $444,200
2018 $5,546 $994,200 $550,000 $444,200
2017 $5,029 $994,200 $550,000 $444,200
2016 $5,029 $994,200 $550,000 $444,200
2015 $5,029 $994,200 $550,000 $444,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 80327

Outer Banks Association of REALTORS®

APN: 127C-000-0085-0000