Closing Price:
$529,000
48185 Ethans Way, Buxton, NC 27920
4 bd
3 ba
2210 sq ft
MLS #: 108489
Status: Closed

Sold Details

Status: Closed
Sold Price: $515,000.00
Closing Date: 4/30/2021
Off Market Date: 2/19/2021
Contract Date: 2/28/2021
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 352
Due Diligence Date: 4/5/2021

Listing Information

Area: Buxton Soundside
Mls Status: Closed
Days On Market: 352
Cumulative Days On Market: 352
Listing Price: $529,000
Original Listing Price: $529,000
Short Sale: No
Price Date: 5/7/2021
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2210
Asking Price Per SqFt: $239.00
Heated Living Area Sq Ft: 2210
BedroomsTotal: 4
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 2003
Garage: Carport
Architectural Style: Coastal, Cottage
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer
Roof: Asphalt
Foundation: Piling
Pool: No
Cooling: Central Air
Heating: Central, Electric, Heat Pump
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Francis Farrow Tract - Buxton
Deed Book: WB12EO
Deed Book Page Number: 0087
County Pin Number: 053717004365
Price Change: 5/6/2021
Association Amenities: Board Walk, Sound Access

Lot Details

Lot Size Acres: 1.23
Lot Size Square Feet: 53500
Lot Features: Waterfront
Waterfront: Soundfront
View: Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $3,106.00
Flood Zone: VE
Water Source: Municipal
Contract Status Change Date: 5/7/2021
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Extras: Elevator
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: None

Rental Income

Annual Rental Income: 58310
Rental Performance: 0.1132
Owner Rental Income 2021 Amount: 47795
Avertised Income 2021 Amount: 69425

Listing Agent Remarks

Beautiful soundfront 4 bedroom, 3 and 1 half bath home with a private boardwalk overlooking the Pamlico Sound. "Lazy Daze" is within a short distance of all the shopping and dining amenities Buxton has to offer. Enjoy the one of a kind Hatteras Island sunsets during a quiet evening in the hot tub! Lazy Daze has amenities that includes an elevator, 2 bedrooms that have handicap-friendly roll-in showers in the bathrooms, wet bar with a mini fridge and microwave, outdoor shower with changing area, large fish cleaning station, and so much more. No wonder this home is such a solid rental performer with ROI of 10% and more than $69K already on the books for 2021!! Whether you are looking for your forever home or an investment opportunity, this home is a must see! Come and visit today!

Directions

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Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 48185 Ethans Way in Buxton is provided courtesy of Midgett Realty - Rodanthe C: 252-996-0124. Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 48185 Ethans Way in Buxton is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 OR 800-647-1868.
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