Closing Price:
$429,000
50031 Utopia Lane, Frisco, NC 27936
3 bd
2 ba
1640 sq ft
MLS #: 119780
Status: Closed

Sold Details

Status: Closed
Sold Price: $419,000.00
Closing Date: 12/1/2022
Contract Date: 10/20/2022
Seller Concessions: Yes
Concession Comments: Credit - $2,500
Total Days on Market:
Cumulative Days on Market: 91
Due Diligence Date: 11/21/2022

Listing Information

Area: Frisco Soundside
Mls Status: Closed
Days On Market: 91
Cumulative Days On Market: 91
Listing Price: $429,000
Original Listing Price: $429,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 12/2/2022
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 1640
Asking Price Per SqFt: $262.00
Heated Living Area Sq Ft: 1640
BedroomsTotal: 3
Bathrooms Full: 2
Year Built: 1987
Garage: 1 Car,Attached
Architectural Style: Coastal, Cottage
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: Cathedral Ceiling(s)
Heating: Central, Electric, Heat Pump, Zoned
Room Type: Library, Sun/Florida Room
Flooring: Tile
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Paradise Bay
Deed Book: 0233
Deed Book Page Number: 2311
County Pin Number: 051608987023
Price Change: 12/1/2022
Road Surface: Paved, Public

Lot Details

Lot Size Acres: 0.24
Lot Size Square Feet: 10500
Lot Features: Cul-De-Sac, Level
Waterfront: Semi-Soundfront
View: Sound, Salt Marsh
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $1,662.00
Flood Zone: AE
Water Source: Municipal
Contract Status Change Date: 12/2/2022
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: Ceiling Fan(s),Covered Decks,Outside Shower,Screened Porch,Sun Deck,Dry Entry,Inside Laundry Room
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: None

Rental Income

Annual Rental Income: 36944
Rental Performance: 0.0882
Owner Renatl Income 2023 Amount: 2750
Avertised Income 2023 Amount: 4524
Owner Renatl Income 2022 Amount: 24786
Avertised Income 2021 Amount: 36944

Listing Agent Remarks

Whether you are looking for a year round residence, vacation home or investment opportunity, you do not want to miss this absolutely charming semi-sound front 3 bedroom/ 2 full bath coastal cottage located on a quiet cul-de-sac in the Paradise Bay subdivision of Frisco. Boasting privacy, a large lot, spectacular sound and sunset views, and water access just steps from the door via the community path, this beautifully maintained home offers the perfect location!! The wooden walkway provides easy and convenient access into this cozy home through the front screened porch. Inside on this level, find a spacious living and dining area with a well-equipped kitchen with breakfast nook as well as access to to the back deck surrounded by trees and natural vegetation for a feeling of privacy. Also on this level is a queen bedroom with views of the sound and access to the front screened porch. The second level has a sound-facing queen bedroom with beautiful views and opens to an enclosed sitting area with sofa. The third bright and cheerful bedroom with a bunk set, a single bed and foosball will be great for the kids, while the bonus room with daybed offers a cozy reading nook. Make sure to check out the virtual tour!! With sound access across the street via the community path, this location and these amenities, it is no wonder that "Sea Gypsy" is also a solid rental performer with more than $36K booked for 2022 with a limited rental calendar! This is an opportunity you do not want to miss....make plans to 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 50031 Utopia Lane in Frisco 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 50031 Utopia Lane in Frisco 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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