Closing Price:
$579,000
110 Chip Court, Duck, NC 27949
4 bd
3 ba
1792 sq ft
MLS #: 109704
Status: Closed

Sold Details

Status: Closed
Sold Price: $582,000.00
Closing Date: 8/20/2020
Contract Date: 6/17/2020
Seller Concessions: Yes
Concession Comments: 9k
Total Days on Market:
Cumulative Days on Market: 2
Due Diligence Date: 7/17/2020

Listing Information

Area: Duck Oceanside
Mls Status: Closed
Days On Market: 2
Cumulative Days On Market: 2
Listing Price: $579,000
Original Listing Price: $579,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 10/22/2020
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 1792
Asking Price Per SqFt: $323.00
Heated Living Area Sq Ft: 1792
BedroomsTotal: 4
Bathrooms Full: 3
Year Built: 1986
Garage: 3 + Car,Carport
Architectural Style: Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Private
Sun Deck Size: Top Level
Counter Tops: Quartz
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Central, Heat Pump
Flooring: Carpet, Ceramic Tile, Hardwood
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Schooner Ridge
Deed Book: 2020
Deed Book Page Number: 0617
County Pin Number: 985912856346
Price Change: 8/19/2020
Road Surface: Paved, Private
Association Amenities: Clubhouse, Fitness Center, Indoor-Comm. Pool, Ocean Access, Outdoor-Comm. Tennis, Playground, Park

Lot Details

Lot Size Acres: 0.34
Lot Size Dimensions: 101x108x161x138
Lot Size Square Feet: 15000
Lot Features: Cul-De-Sac, Wooded
Waterfront: More than 5th row
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $2,558.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 8/20/2020
Estimated Annual Fee Amt: $2,500.00
Sewer: Septic Tank
Association Fee Includes: Electricity, Common Insurance, Management, Pool, Tennis Courts, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board,Lap Siding
Extras: Beach Access,Ceiling Fan(s),Covered Decks
Covered Deck Size: Mid Level
HOA Contact Name: N/A
Primary Residence: No
Street Frontage : 101
HOA Contact Info: N/A

Rental Income

Annual Rental Income: 68685
Rental Performance: 0.118

Listing Agent Remarks

Generous income producer located in the heart of Duck that's been totally renovated inside and out! This charming 4 bedroom and 3 bath home has lots of character and upgrades throughout. New siding, roof, sliders, 1 HVAC and exterior paint in 2015, kitchen overhauled in 2016 with Vintage Pine Hardwood floors, Quartz countertops, white custom cabinets, subway tile backsplash, and stainless steel appliances (range oven replaced 6/2020, and refrigerator in 2019). Appliances were installed by Manteo Appliances with a warranty and maintenance plan. You'll love the open floor plan and coastal decor. Top level includes; spacious great room with huge window wall and skylights providing lots of natural light, updated kitchen, screen porch, huge sun deck, and a partial king master bedroom with private access to a shared full bath. Mid-level features 3 bedrooms (one is a 2nd master bedroom) and 2 upgraded full baths. The master suite on this level boasts newly added white shiplap paneling with a pampering master bath. The other two guest bedrooms share a full hall bath with black and white mosaic tile floors and subway tile shower/bath combo. The new additions/upgrades doesn't end here! A brand new pool and septic system installed in 2019. The outdoor pool features a covered gathering area with tin roof and outdoor lighting creating a relaxed "spa" environment. All this and so much more, located on high elevation with no flood insurance required. "What the Duck" has $61,000 in rental income year to date with potential for more in the shoulder season. In 2019 the seller couldn't maximize the full rental calendar because the pool installation was late May. More importantly, the rental rates did not reflect the pool addition. The decision to add a pool was after the 2019 rates had been set. Income generated for 2019 was $49,748. In 2018 the home, with no pool, did $51,000 in rental income. A short bike ride, or walk will take you along quiet, winding streets to the recreation center with indoor pool, second outdoor pool, tennis courts and fitness center. Just a little further down the road is the community beach access and an oceanfront pool. Schooner Ridge is located in the center of town, so the Town of Duck Park with 2 mile boardwalk, restaurants, shops and boutiques, fruit stands and markets, a yoga studio and recreation activities are all within walking or biking distance.

Directions

Heading north through Duck turn east just after the gas station into Schooner Ridge, make a left onto Chip Ct. House is on the left.

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 110 Chip Court in Duck is provided courtesy of Coldwell Banker Seaside Realty - KDH C: 252-202-2375. 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 110 Chip Court in Duck 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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