Closing Price:
$850,000
46277 Old Lighthouse Rd., Buxton, NC 27920
4 bd
2 ba
1568 sq ft
MLS #: 118160
Status: Closed

Sold Details

Status: Closed
Sold Price: $870,000.00
Closing Date: 5/16/2022
Contract Date: 3/29/2022
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 4
Due Diligence Date: 5/13/2022

Listing Information

Area: Buxton Oceanside
Mls Status: Closed
Days On Market: 4
Cumulative Days On Market: 4
Listing Price: $850,000
Original Listing Price: $850,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 5/19/2022
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 1568
Asking Price Per SqFt: $542.00
Heated Living Area Sq Ft: 1568
BedroomsTotal: 4
Bathrooms Full: 2
Bathrooms Partial: 1
Year Built: 1990
Garage: Carport
Architectural Style: Beach Box, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street
Foundation: Piling
Pool: No
Counter Tops: Laminate
Cooling: Central Air, Heat Pump
Interior Features: Beamed Ceilings, Cathedral Ceiling(s), Pantry
Heating: Central, Electric, Forced Air, Heat Pump
Flooring: Carpet, Tile
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: None
Deed Book: WB22E
Deed Book Page Number: 0044
County Pin Number: 053608875638
Price Change: 5/18/2022
Road Surface: Paved, Public

Lot Details

Lot Size Acres: 0.25
Lot Size Square Feet: 11000
Lot Features: Beach Frontage, Level
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $42,998.00
Flood Zone: AE
Water Source: Municipal
Contract Status Change Date: 5/19/2022
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
Exterior: Shakes
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Outside Lighting,Sun Deck
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: None

Rental Income

Annual Rental Income: 47127
Rental Performance: 0.0542
Owner Renatl Income 2022 Amount: 54901
Avertised Income 2021 Amount: 68727
Owner Rental Income 2021 Amount: 47127
Avertised Income 2021 Amount: 59453

Listing Agent Remarks

Whether you are looking for a year-round residence, vacation home or solid investment performer, you do not want to miss "Croatoan". This ocean front 4 bedroom/ 2 full and one half bath home offers absolutely stunning ocean views from every level. All four bedrooms are located on the first level, leaving the top level open for entertaining, dining and enjoying the beautiful decks and ocean views! No wonder this home is such a solid rental performer with more than $68K already on the books for 2022!! Oceanfront opportunities like this do not come along every day...don't miss this one!! Come and visit "Croatoan" today!!

Directions

(none)

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 46277 Old Lighthouse Rd. 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 46277 Old Lighthouse Rd. 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.
For Immediate Service
252-441-3416 (Local OBX)
800-647-1868 (Toll Free)