Closing Price:
$649,900
25244 Island Pines Drive, Waves, NC 27982
6 bd
5 ba
3808 sq ft
MLS #: 87040
Status: Closed

Sold Details

Status: Closed
Sold Price: $632,500.00
Closing Date: 6/12/2015
Contract Date: 5/11/2015
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 99

Listing Information

Area: Waves Oceanside
Mls Status: Closed
Days On Market: 99
Cumulative Days On Market: 99
Listing Price: $649,900
Original Listing Price: $649,900
Possession: Close Of Escrow
Short Sale: No
Price Date: 6/13/2015
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3808
Asking Price Per SqFt: $171.00
Heated Living Area Sq Ft: 3808
BedroomsTotal: 6
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 2000
Garage: None
Architectural Style: Coastal, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, In Ground, Outdoor Pool
Builder Name: Sandalwood Construction
Counter Tops: Laminate
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Wet Bar, Walk-In Closet(s)
Heating: Central, Heat Pump, Zoned
Room Type: Foyer, Game Room
Flooring: Carpet, Ceramic Tile
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Island Pines
Subdivision Name: Island Pines Subdivision
Deed Book: 1829
Deed Book Page Number: 0313
County Pin Number: 065817115750
Price Change: 6/12/2015
Road Surface: Paved
Association Amenities: Ocean Access

Lot Details

Total Assessed Value: 691200
Lot Size Dimensions: Cul-de-Sac
Lot Size Square Feet: 20000
Lot Features: Level
Lot Faces: E
Waterfront: Ocean Front
View: Ocean, Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2014
Annual Property Taxes: $4,641.00
Home Oner Insurance Expense: 4360
Flood Zone: AE
Flood Insurance Expense: 502
Water Source: Municipal
Yearly Water Expense: 1046
Other Yearly Expense: 227400
Pool Or Spa Expense: 3200
Yearly Expense: Actual
Yearly Elecric Expense: 4388
Yearly Telephone Expense: 457
Yearly Cable Tv Expense: 965
Contract Status Change Date: 6/13/2015
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Maintenance Expense: 3167
Other Expenses 2: 260
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board,Lap Siding
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Jet Tub,Outside Lighting,Outside Shower,Screened Porch,Smoke Detector(s),Sun Deck
Primary Residence: No

Rental Income

Annual Rental Income: 75090
Rental Performance: 0.1187

Listing Agent Remarks

Beautiful Oceanfront with all the bells and whistles...Large Recreation Room w/Billiards Table and Entertainment Area, 14’ x 32’ Private Heated Pool, 6 Person Hot Tub, Expansive Decks, Screen Porch, Grand Master Suite (top level) and some of the most beautiful beaches on the Outer Banks are right out the back door. This home has been very well maintained and some of the recent improvements and updates include: New Stainless Steel Appliances, New Sliding Glass Doors, Full HVAC Systems Replacement, New Carpeting, Interior Painting throughout, New Hot Tub, as well as Walkways and Hardscaping. While the current owners have elected to limit reservations to June - August, the property management company projects this home to produce $75,090 for 2015 with the rental calendar opened up. In fact, when the rental calendar was left open in 2008 this home produce $72,609.91 in actual rents. Purchase now and start collecting rental income...already has over $55,000 on the books for 2015 as of 3/5/2015.

Directions

Hwy 12 to Waves, turn onto Island Pines Drive, go to the end and look for sign

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 25244 Island Pines Drive in Waves is provided courtesy of Outer Banks Blue Realty Srvcs. . 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 25244 Island Pines Drive in Waves 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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