Closing Price:
$699,900
$699,900
23271 NC 12 Highway,
Rodanthe, NC 27968
5 bd
3 ba
2232 sq ft
MLS #: 96103
Status: Closed
Sold Details
Status: Closed
Sold Price: $600,000.00
Closing Date: 6/30/2017
Contract Date: 6/23/2017
Seller Concessions: Yes
Total Days on Market:
Cumulative Days on Market: 66
Listing Information
Area: Rodanthe Oceanside
Mls Status: Closed
Days On Market: 66
Cumulative Days On Market: 66
Listing Price: $699,900
Original Listing Price: $699,900
Possession: Close Of Escrow
Short Sale: No
Price Date: 6/30/2017
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 2232
Asking Price Per SqFt: $314.00
Heated Living Area Sq Ft: 2232
BedroomsTotal: 5
Bathrooms Full: 3
Year Built: 1987
Garage: Attached
Architectural Style: Contemporary
Sub Type: Single Family Residence
Appliances: Dishwasher, Ice Maker, Microwave, Refrigerator, Range/Oven, Wall Oven
Roof: Asphalt
Parking: Off Street, Paved, Garage, Underground
Foundation: Piling
Pool: No
Interior Features: Cathedral Ceiling(s)
Heating: Central, Forced Air, Heat Pump, Space Heater, Zoned
Construction Materials: Frame
Legal Description
County: Dare
Subdivision: Gerald George & CH Midgett
Subdivision Name: Gerald George & Ch Midgett Div
Deed Book: 2018
Deed Book Page Number: 0949
County Pin Number: 065917028305
Price Change: 6/29/2017
Road Surface: Paved, Public
Lot Details
Lot Size Dimensions: 45,473 Sq Ft Irregular
Lot Size Square Feet: 45000
Lot Features: Beach Frontage, Level, Waterfront
Lot Faces: E
Waterfront: Ocean Front
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2016
Annual Property Taxes: $2,617.00
Flood Zone: VE
Water Source: Municipal
Contract Status Change Date: 6/30/2017
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
Listing Restrictions: 1031 Tax Deferred Exch.,See Broker Notes
Extras: Beach Access,Fenced Yard,Smoke Detector(s)
Primary Residence: Yes
Rental Income
Annual Rental Income: 86520
Rental Performance: 0.1442
Listing Agent Remarks
****Att INVESTORS****12.4% GRI Rental Income Potential****LOCATION - LOCATION - LOCATION ...."ESTATE SIZE" ***1+Ac OCEAN FRONT LOT "SIZE" MATTERS***** (FOR PROTECTION AGAINST FUTURE EROSION)******(COMPS $800K - $1M+ Vacant 1+/- Ac Ocean Front lot*)*****$86,520 2018 RENTAL PROJECTION BY SUN REALTY - ATTACHED REFLECTS ADDING Heated POOL & HOT TUB + REMODELING 5 MASTERS + NEW FURNISHINGS, ETC (attached associated docs)******SELLER FINANCING 1st MORTGAGE = 50% 5%/30/5 YR BALLOON (seller may renew if good pay)*** 1+Ac "OCEAN FRONT LOT" (equivalent 7 Ocean Lots *****See Survey 45,473+/- sq ft "OCEAN FRONT" LOT )*****75 ft NC12 x 563 Ft Deep x 83 Wide Ft + 83 Ft Side Easements = 166 ft Wide "OCEAN FRONT" *****with 240 FT "PRIVATE" CONCRETE DRIVEWAY (NC12 To HOUSE)********IT'S ALL ABOUT ONE OF THE BIGGEST "OCEAN FRONT" LOTS ON THE ENTIRE 150+ MILES OF OUTER BANKS..**THIS WAS A RECOMBINATION of ( 7 ) OCEAN LOTS..."FREE" 5 BR (Nice) "OCEAN FRONT" HOUSE..**Recent Remodel***Pellet Stove***(3) Zoned New Heat Pumps***All Furnishing Convey***..."VERY PRIVATE" 1+/- Ac "OCEAN FRONT" BEACH LOT with "BIG DUNE" (No Park Service Line)**83 ft Lot + 83 ft side easements = 166 ft WIDE "OCEAN FRONT" - "PRIVATE BEACH"... x 574 ft deep (irregular = see survey NC 12 to Ocean Water Line ***PRIVATE OCEAN FRONT BEACH**** 45,473+/- sq ft Lot = Equiv 7 lots) *** GARAGE + UNDER HOUSE PARKING***FREE = 5 Br "Nice" House (2,232 sq ft) RESIDENTIAL OR COMMERCIAL OK ZONING S1...****NO HOA**** $$ VALUE IN OCEAN FRONT LOT *******NO HOUSES CAN BE BUILT NEXT TO THIS BECAUSE SELLER OWNS + 83 FT EASEMENT ON ADJOINING OCEAN FRONT LOT IN PERPETUITY (forever) = 166 Ft WIDE "OCEAN FRONT" ******"FREE" Nice 5 Br- Commercial-Residential *ABOVE FLOOD ZONE 17.7 FT (VE 11) Less than price 1+/- Ac Ocean Front Lot. (seller retiring) S-1 Zoning = all uses permitted (one of largest "OCEAN FRONT" LOTS on 150+/- miles Outer Banks NC )Rodanthe NC on Hatteras Island a/k/a "Cape Hatteras National Seashore****50% Seller - 80% Bank Financing "Cash is King" *****$86,520 = 2018+ RENTAL PROJECTION BY SUN REALTY REFLECTS ADDING HEATED POOL+ HOT TUB + REMODEL 5 MASTERS, NEW FURNISHINGS, ETC ...See "AS IS" Rental History in Associated Docs...(2009 = $60,126) + (2008 - 2006 attached) ****** Private Owners = Never Rented)******Can ad pool + Remodel 8-12+ Br Ocean Front Mansion with engineered plan - (3) New Bridges "Under Construction" to Rodanthe will make Special Location w/ No Thru Traffic.Call Broker to Discuss......SEE - Movie "NIGHTS IN Rodanthe" filmed here with Richard Gere & Diane Lane- or read book by Nicholas Sparks...."Nights in Rodanthe" House Nearby (been moved from original location) ***Sellers Have Flood Insurance + Home Owners Insurance Beach Plan *****THIS WAS A RECOMBINATION of ( 7 ) OCEAN LOTS AND DARE CO TAX DATA INCORRECT ..(see letter ASSOCIATED DOC'S from Dare Co NEW ADDRESS )*****NOTE: NCDOT HIGHWAY 12 = 60 FT R/W...NOT 100 FT R/W PER SURVEY....THEREFORE CAN GET 20 FT x 75 ft (150 sq ft) R/W "FREE"... I'VE DONE THIS IS PAST...SEE ATTORNEY FOR ADVISE...CALL ME TO DISCUSS.......***Pellet Fireplace will heat entire house******New Heat Pump******New Remodel**** **New 100 Yr Gateway To Hatteras Island... + New Beach Nourishment Buxton ....all in Process ....See Pictures*****SEE MLS96341 for Ocean Front Lot*****
Directions
South NC Hwy 12 Oregon Inlet to Rodanthe - Property on LH (East) Side NC Hwy 12 to Ocean - Big LotOfficial 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 23271 NC 12 Highway in Rodanthe is provided
courtesy of Cape Hatteras Realty & Const. . Information is believed to be accurate but is not
warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX
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means the property at 23271 NC 12 Highway in Rodanthe 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
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