NOT LISTED FOR SALE

46040 Cape Ct Buxton, NC 27920

Buxton Neighborhood

Estimated Value: $709,000 - $2,280,882

7 Beds
8 Baths
3,874 Sq Ft
$386/Sq Ft Est. Value

Last Sold December 06, 2018

Last sale price $1,475,000 $381 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $9,392/month

Highlights

  • Beach Front
  • Home Theater
  • 4.14 Acre Lot
  • Ocean View
  • Cabana
  • Wood Flooring

About This Home

As of December 2018

Hatteras Retreat offers one of the best ROI's currently on the market! Experience the rare opportunity to own a beachfront home in this exclusive occeanfront community in Buxton. This oceanfront luxury resort home combines elegance and southern charm on one of the most prized beaches of Hatteras Island. From the expansive outdoor entertaining areas to the luxury indoor environments, no detail has been overlooked! Relax in the covered lounge area or kick back beside the cabana Tiki bar while the kids jump into the sparkling pool and play in the inset kiddie section. Discover endless opportunities for relaxation and fun at this oceanfront retreat. Access the beach directly through the pool gate, and 2 outdoor showers and foot wash welcome you back from a dip in welcoming Atlantic waters. Step inside to cavort in the custom game room with pool table and wet bar. A full size refrigerator and stand-alone ice machine provide easy access to pool and beach drinks and ice for the cooler. The upscale theater room with stadium seating and high end electronics and the adjacent gaming/lounge area offers an escape for the kids. The great room impresses with breathtaking blue-ocean views and the modern coastal deco makes you feel immediately at ease. Prepare decadent culinary delights in the gourmet kitchen with entertainment island, dual refrigerators, dual dishwashers for easy clean-up, 5-burner cook top, dual wall ovens and two microwaves. This home continues to exceed the rental income projection. 2016 year to date income of $151,222 07/05/2016. 2015 rental income of $180,417.

Last Listed By

* *None

**None License #NA Listed on: 12/05/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,776

Year Built

  • Built in 2014

Lot Details

  • 4.14 Acre Lot
  • Beach Front
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Property is zoned Single Fam

Home Design

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

Interior Spaces

  • 3,874 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Home Theater
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Built-In Range
  • Ice Maker
  • Second Dishwasher
  • Marble Countertops
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible

Pool

  • Cabana
  • Concrete Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Gazebo
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Tax Lot 6

Community Details

Overview

  • Built by SAGA
  • Cape Point Estates Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,776

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Beach Access, Boardwalk to Beach, Cabana, Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Gazebo, Handicap Friendly, Hot Tub, Landscaped, Lawn Sprinklers, Outside Shower, Smoke Detector(s), Sun Deck, Tiki Bar
  • Subdivision Name: Cape Point Estates
  • Headline: Great ROI OF in Buxton
  • Heated Sq Ft: 3874
  • L V T Date: 12/07/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Single Fam
  • Deed Book Pg Number: 0080
  • Destination Commerce Corp: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Range/Oven, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher
  • Bedrooms: 7
  • Countertops: Granite, Marble
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Home Theater
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: SAGA
  • Construction: Frame
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Concrete, Custom, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 180387
  • Lot Description: Beach Frontage, Cul-de-sac, Water Frontage
  • Lot Faces: E
  • Lot Number: Lot 6
  • Estimated Lot Size: 4.14
  • Deed Book: 1942

Rental Info

  • Est Annual Rental Income: 180417
  • Estimated Rental Performance: 0.1223
  • Lease Terms: Weekly
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Hatteras Retreat
  • Rental Cottage Number: 777
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 2014

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2015
  • Taxes: 5776

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2018
Closed on
Dec 5, 2018
Sold by
Cpe Partners Llc
Bought by
Khanna Madhur and Khanna Sanjay
Seller's Agent
* *None
**None
Buyer's Agent
Tammy Aycock
SAGA Realty and Construction
List Price
$1,475,000
Sold Price
$1,475,000
Current Estimated Value
$1,494,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,941
Avg. Annual Appreciation
0.21%
Original Mortgage
$1,067,000
Interest Rate
4.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Khanna Madhur $7,375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khanna Madhur $1,003,999
Closed Khanna Madhur $1,067,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2018 12/06/18 Sold $1,475,000 0.0% $381 / Sq Ft
12/05/2018 12/05/18 For Sale $1,475,000 -- $381 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
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 $12,573 $1,528,000 $533,300 $994,700
2023 $12,541 $1,567,788 $533,300 $1,034,488
2022 $12,384 $1,567,788 $533,300 $1,034,488
2021 $12,258 $1,567,788 $533,300 $1,034,488
2020 $12,205 $1,567,788 $533,300 $1,034,488
2019 $8,645 $890,900 $282,900 $608,000
2018 $8,645 $890,900 $282,900 $608,000
2017 $8,674 $890,900 $282,900 $608,000
2016 $8,277 $890,900 $282,900 $608,000
2014 $1,834 $282,900 $282,900 $0
Source: Public Records

Agents Affiliated with this Home

  • *

    Seller's Agent in 2018

    * *None

    **None

  • Tammy Aycock

    Buyer's Agent in 2018

    Tammy Aycock

    SAGA Realty and Construction

    (252) 207-6452

    119 Total Sales

    Tammy Aycock
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 102913

Outer Banks Association of REALTORS®

APN: 023838006

North Carolina Dare County Buxton Buxton

46040 Cape Ct, Buxton, NC

Homes for Sale in Buxton, NC

This home is located at 46040 Cape Ct, Buxton, NC 27920 since 05 December 2018 and is currently estimated at $1,494,941, approximately $385 per square foot. This property was built in 2014. 46040 Cape Ct is a home located in Dare County with nearby schools including Cape Hatteras Elementary School and Cape Hatteras Secondary 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.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.