Shore Realty Outer Banks Home Sales

Listing Details For 25244 Island Pines Drive in Waves


MLS #: 87040
25244 Island Pines Drive
Waves, NC 27982
Selling Price: $632,500
Asking Price: $649,900
Closing Date: 6/12/2015
Status: Sold CO OP by Member
Status Date: 6/13/2015



Listing Information

Headline"Nearly $50K Under Tax Value"
AreaWaves Oceanside
Beds6
Full Baths5
Partial Baths1
Asking Price$649,900
Price Date6/13/2015
Original Asking Price$649,900
Total Tax Assessed Value$691,200
Land Tax Assessd Value$227,400
Price Per Square Foot$171
Days On Market99
Cumulative Days On Market99
Days On MLS99
Cumulative Days On MLS99
Listing Date3/5/2015
Listing TypeExclusive Right Sell
Input Date Date3/6/2015
Update Date6/13/2015 5:31:00 PM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
ClassRESIDENTIAL
StyleReverse Floor Plan,Coastal
Year Built2000
Heated Living Area3808
Air ConditoningCentral,Heat Pump,Zoned
HeatingCentral,Heat Pump,Zoned
AppliancesDishwasher,Dryer,Microwave,Range/Oven,Refrigerator w/Ice Maker,Washer,2nd Refrigerator
GarageNone
Interior FeaturesAll Window Treatments,Cathedral Ceiling(s),Dryer Connection,Gas Connection,Gas Fireplace,Ice Maker Connection,Master Bath,Walk in Closet,Washer Connection,Wet Bar
CountertopsLaminate
ExtrasBeach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Jet Tub,Outside Lighting,Outside Shower,Screened Porch,Smoke Detector(s),Sun Deck
Floor CoveringsCarpet,Ceramic Tile
AppliancesDishwasher,Dryer,Microwave,Range/Oven,Refrigerator w/Ice Maker,Washer,2nd Refrigerator
BuilderSandalwood Construction
ConstructionFrame,Wood
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeOutdoor,In Ground,Fiberglass
ExteriorLap Siding,Cement Fiber Board
FoundationPiling
Optional RoomsFoyer,Game Room
Virtual TourFoyer,Game Room

Lot Details & Legal Description

Address25244 Island Pines Drive
SubdivisionIsland Pines
Full Subdivision NameIsland Pines Subdivision
CountyDare
CityWaves
StateNC
Zip27982
Deed Page0313
Deed Book1829
Doc Timestamp4/18/2015 7:24:00 PM
Pin Number065817115750
Tax Database ID4
Tax Property ID065817115750
Lot Square Feet20000
Lot Size/DimensionsCul-de-Sac
Lot FacesE
Lot DescritionLevel
View DescriptionOcean,Sound
Distance To WaterOceanfront
ZoningRes
Flood ZoneAE
ParkingPaved,Off Street
RoadsPaved
Association AmenitiesOcean Access

Property Expense & Utilities

If the seller of this property located at 25244 Island Pines Drive in Waves has provided the expenses, you will see them below, as provided by the listing agent. If there are no expenses listed, give Shore Realty of the OBX a call and let us do the research for you. It helps to know! Local 252-441-3416 or 800-647-1868. OBX Local experts here to help you!

Association Fee Y/NNo
Tax Year2014
Property Taxes$4,641
Flood Insurance$502
Hazard Insurance$4,360
Maintenance Expenses$3,167
Yearly Expenses Actual/Estimated$3,167
Yearly Cable Expense$965
Yearly Electrical Expense$4,388
Yearly Telephone Expense$457
Water SourceMunicipal
Yearly Water Expense$1,046
Other Expenses$560
Other Expenses 2$260
Septic Disposal SystemPrivate Septic
Pool/Spa Expense$3,200

Financial's

Rental Cottage NameRoundin' Third
Rental Cottage #84
Rental Turnover DaySaturday
Finance OptionsCash,Conventional,Jumbo Loan
Furniture Available ?Yes
Bill Of Sale?Yes
Furniture Price/Bill Of Sale Amount$1
PossessionAt Closing
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count10

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 25244 Island Pines Drive is used as a vacation rental home or as a year round rental, you will see the income listed below if provided by the seller's agent. A lack of rental numbers does not necessarily mean the property is not rented out. For more call 800-647-1868 and we can get you the actual rental numbers.

Yearly Income Actual/EstimatedEstimated
Gross Annual Rental Income$75,090

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

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 Rob Petty 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.

Schools

The school systems on the Outer Banks are never lacking for money. With most of the property owners living out of town, there is a disproportionate amount of tax money available to the schools, the result is lots of money spent per pupil.

We have 2 county school systems on the OBX, the Currituck County School System for residents of Corolla and the Currituck Mainland AND the Dare County School System for residents of the beach's from Duck south through Nags Head to Hatteras Island, Manteo and the Dare County Mainland.

Looking for more info about this property or another OBX properties? We can answer all your questions. Call DIRECT 800-647-1868 or fill out this form and let us know what you need, so we can start to help. It is easier than you think.




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