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Listing Details For 104 Lake Drive in Ocracoke

Closing Price:
$625,000
104 Lake Drive, Ocracoke, NC 27960
3 bd
2 ba
1250 sq ft
MLS #: 124444
Status: Closed

SOLD Details

Status: Closed
Sold Price: $620,000.00
Closing Date: 4/12/2024
Contract Date: 2/12/2024
Seller Concessions: No
Total Days on Market: 21
Due Diligence Date: 3/28/2024

Listing Information

Area: Ocracoke
Mls Status: Closed
Days On Market: 21
Cumulative Days On Market: 21
Listing Price: $625,000
Original Listing Price: $625,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 4/13/2024
Furnishing Available: Partial
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 1250
Asking Price Per SqFt: $500.00
Heated Living Area Sq Ft: 1250
BedroomsTotal: 3
Bathrooms Full: 2
Bathrooms Partial: 1
Year Built: 2016
Architectural Style: Coastal, Cottage
Sub Type: Single Family Residence
Appliances: Dishwasher, Microwave, Refrigerator, Range/Oven, Stackable Washer/Dryer
Roof: Asphalt
Foundation: Piling
Pool: No
Screen Porch Size: 252 sq. ft
Cooling: Heat Pump
Heating: Heat Pump
Flooring: Carpet, Tile, Wood

Legal Description

County: Hyde
Subdivision: Pamlico Point
Deed Book: 271
Deed Book Page Number: 17
County Pin Number: 9500-67-1988
Price Change: 4/12/2024

Lot Details

Land Tax Value: $NaN
Total Assessed Value: $NaN
Lot Features: Level
Waterfront: None
View: Park/Greenbelt, Pond, Salt Marsh
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $3,258.00
Insurance Expenses: $NaN
Home Owner Insurance Expense: $NaN
Flood Insurance Expense: $NaN
Water Source: Municipal
Yearly Water Expense: $NaN
Contract Status Change Date: 4/13/2024
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
Extras: Ceiling Fan(s),Covered Decks,Outside Shower,Screened Porch,Smoke Detector(s),Storage Shed
Fuel Tanks: None
HOA Contact Name: David Hines
Primary Residence: No
HOA Contact Info: 252-573-9547

Rental Income

Estimated Annual Rental Income: $46,000.00
Rental Performance: 0.0742
Gross Income YTD Amt: $NaN
Owner Rental Income 2026 Amount: $NaN
Avertised Income 2026 Amount: $NaN
Owner Rental Income 2025 Amount: $NaN
Avertised Income 2025 Amount: $NaN
Owner Rental Income 2024 Amount: $NaN
Avertised Income 2024 Amount: $NaN
Owner Rental Income 2023 Amount: $40,494.00
Avertised Income 2023 Amount: $40,494.00
Owner Rental Income 2022 Amount: $52,974.00
Avertised Income 2021 Amount: $52,974.00
Owner Rental Income 2021 Amount: $NaN
Avertised Income 2021 Amount: $NaN

Listing Agent Remarks

Discover the beauty and tranquility of Ocracoke! "Adicus House" is a 3 bedroom/2.5 bath home built in 2016. This coastal cottage is located in the Pamlico Point subdivision with breathtaking long range views of the salt marsh, national park land, our local pride and joy "the ball field" and a distant sound. Truly inspirational! Quality craftmanship; granite countertops, stainless steel appliances, 9' ceilings, beautiful hardwood floors (downstairs), central heat/ac, ceiling fans, open kitchen/living/dining area with views, kitchen island with granite top, first floor owner suite and Jack and Jill bedrooms upstairs. The interior is painted with coastal colors and several rooms have a custom painted beach accent wall. Sip a glass of coffee or wine while relaxing or birdwatching on the front screened porch. There is another first level screened porch off the back facing South Point Road. One of the upstairs bedrooms has access to a covered porch with spectacular views! Exterior amenities include a ground floor furnished deck, bike rack, outdoor shower, storage shed and fish cleaning bench. Adicus House is currently a vacation rental home but can easily transition to a year round residence. Proven rental history!

Directions

From Hwy 12 S turn right on West End Rd. (across from the Variety Store), turn right on Central Drive, turn left on Lake Drive, the subject property is 104 Lake Rd.

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 104 Lake Drive in Ocracoke is provided courtesy of Village Realty Holdings dba Ocracoke Island Realty . 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 104 Lake Drive in Ocracoke is no longer available for sale.

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