1/1
alt
Closing Price:
$1,125,000
123 Sandy Ridge Road, Duck, NC 27949
5 bd
3 ba
2715 sq ft
MLS #: 78547
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,100,000.00
Closing Date: 9/22/2014
Off Market Date: 10/23/2013
Contract Date: 7/30/2014
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 518

Listing Information

Area: Duck Oceanside
Mls Status: Closed
Days On Market: 518
Cumulative Days On Market: 518
Listing Price: $1,125,000
Original Listing Price: $1,424,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 9/22/2014
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2715
Asking Price Per SqFt: $414.00
Heated Living Area Sq Ft: 2715
BedroomsTotal: 5
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 1986
Garage: Carport
Architectural Style: Contemporary, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator w/Ice Maker, Range/Oven, Stackable Washer/Dryer, Washer
Roof: Asphalt
Foundation: Piling
Pool: No
Builder Name: Pete Hunter
Counter Tops: Laminate
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry
Heating: Central, Heat Pump, Zoned
Room Type: Breakfast Nook, Foyer, Pantry, Utility Room
Flooring: Ceramic Tile, Wood
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Sandy Ridge
Deed Book: 1657
Deed Book Page Number: 248
County Pin Number: 985908993005
Price Change: 9/21/2014
Road Surface: Paved
Association Amenities: Ocean Access, Outdoor-Comm. Pool

Lot Details

Lot Size Dimensions: +1 acre & growing
Lot Features: Beach Frontage, Cul-De-Sac, Level, Waterfront
Lot Faces: W
Water Frontage: 81
Waterfront: Ocean Front
View: Ocean, Park/Greenbelt, Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2012
Annual Property Taxes: $8,265.00
Flood Zone: VE
Water Source: Municipal
Contract Status Change Date: 9/22/2014
Estimated Annual Fee Amt: $1,250.00
Sewer: Septic Tank
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Seller to Sever Oil/Gas: No
Bank/Institution Owned: No
Oil/Gas Severed Pre Owner: No Representation
Oil/Gas Severed By Seller: No
Listing Restrictions: Named Prospects Exempt
Exterior: Lap Siding,Wood
Extras: Beach Access,Boardwalk to Beach,Cabana,Ceiling Fan(s),Covered Decks,Hot Tub,Jet Tub,Outside Lighting,Outside Shower,Screened Porch,Smoke Detector(s),Sun Deck,Roof Top Deck
Primary Residence: No
Street Frontage : 81

Rental Income

Annual Rental Income: 70595
Rental Performance: 0.0642

Listing Agent Remarks

"Infinity Phase" offers a rare opportunity to own over an acre of oceanfront land in the heart of Duck! In fact, this is the largest single lot in the heart of Duck! It has been blessed (and continues to be blessed) with accretion (growth of the dune) so the size of this lot has actually grown Eastward by over 4000 square feet in 20 years yielding and exceedingly rare safety net and value beyond measure! This property can accommodate an 8 bedroom home and pool once existing house is removed, or additional structures can be added to the lot to double existing bedroom count if existing home were to remain. Located just 2 lots away from the Army Corp Research Pier, the wide open and isolated beaches are yours for maximum privacy and enjoyment (And for surfers, perfectly formed waves abound by the pier!) It just doesn't get any better than this for a perfect stretch of beach! All the while the town of Duck is just a short walk away! Existing elevator shaft already in place. There are 2 laundry centers and 4 outdoor showers. There are 2 outdoor storage areas and several owner lock up closets inside the home. Rental income reflects annual owner use between Spring and Fall of over 10 weeks time. Newly placed CAMA-line markers indicate that a current survey would show the property now totals over 44,000 sq. feet. 30% lot coverage is allowed. Price per square foot is less than $33 for over an acre on Duck's oceanfront! WOW! NOTE: This is currently an existing home. Additional pictures shown are of a similar home. Price of $2,498,000 is for new construction lot/home package to be built by SAGA Construction. Investment analysis, specification sheet and similar rental numbers are available. Taxes shown are for existing home only. Buyer is to carry construction loan. Offer to Purchase and Contract is subject to any and all additional terms stated in the construction contract signed between buyers and the builder. Owner's possession is at the Certificate of Occupancy. See ASSOCIATED DOCUMENTS for floor plans and additional information. Builder has similar homes they can walk your clients through. Additional Virtual Tours available upon request. Virtual tour shown here is of a similar home.

Directions

East into Sandy Ridge, follow to oceanfront. House is on the right.

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 123 Sandy Ridge Road in Duck is provided courtesy of Twiddy and Co. - Duck C: 252-202-3409. 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 123 Sandy Ridge Road 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.
For Immediate Service
252-441-3416 (Local OBX)
800-647-1868 (Toll Free)