Sold

Friday, May 19, 2017: Listing Date
Friday, May 19, 2017: Contract Date
Thursday, June 29, 2017: Closed and Recorded
List Price: $ 319,000.00 Listed By: John W. Chiles, Jr., Broker, Shore Tern Realty, Inc.
Sold Price: $ 320,000.00 Sold By: Co-broking Agent
Concession: My seller agreed to $ 5,000.00 toward buyer’s closing costs.
243 Sea Oats Lane
Southern Shores, NC
I gave my seller guidance about preparing the house. Their family gathered any and all untreated wood from under and around the house. (In NC, if termites are within 50 Ft. of a structure, the structure has to be fully treated.) I always enter my listings in the Multiple Listing Service early. The buyer saw it while eating breakfast and called their agent. We were under contract the same afternoon. Everything came together; right house, right price, and right buyer.

List Price: $ 324,000.00 Listed By: Co-broking agent
Sold Price: $ 305,000,00 Sold By: John W. Chiles, Jr., Broker, Shore Tern Realty, Inc.
Concessions: Seller made some repairs and paid $ 5,000.00 toward my buyer’s closing costs.
264 N. Dogwood Trail
Southern Shores, NC
This 3 bedroom, 2 full bathroom, 1.406 Sq. Ft. home was constructed in 1982. It is located on a secluded, 1.08 Acre, CANALFRONT lot. N. Dogwood Trail is a long cul-de-sac so there is no through traffic. Higher end homes have been built on the sound front and canal front lots. This lot rises up sharply from the canal so the home is in the “x” Flood Zone and no flood insurance is required. My buyers were referred to me by a previous client. They enjoy remodeling and are very creative. I can’t wait to see the finished product!

Friday, December 16, 2016 --- Listing Date
Wednesday, December 21, 2016 ----- Contract Date
Monday, February 6, 2017 ------ Closed and Recorded
List Price: $ 133,000.00 Listed By: John W. Chiles, Jr., Broker, Shore Tern Realty, Inc.
Sold Price: $ 129,000.00 Sold By: Co-Broking Agent
310 Hillcrest Drive
Southern Shores, NC
My clients wanted to sell one of their two, adjoining, high elevation dune top lots. Their preference was to sell this lot. This large lot is located among nice homes and new homes were being built around it. In order to build, some trees need to be removed and it will require significant fill material. These factors were taken into account when we priced it. Once this sale was recorded in the courthouse, we removed the listing for the second lot – the lot my clients wanted to keep all along.

I WAS THE LISTING AGENT ON: SATURDAY, AUGUST 6, 2016
A CO-BROKING AGENT PUT IT UNDER CONTRACT ON: WEDNESDAY, FEBRUARY 9, 2017
SOLD & CLOSED: TUESDAY, MARCH 28, 2017
224 HILLCREST DRIVE
SOUTHERN SHORES, NC
LIST PRICE: $ 268,400.00
SOLD PRICE: $ 260,000.00
The owners of this property called me in 2012 about information I had sent them about another property. Since then we corresponded and had a number of pleasant meetings. When they decide to sell, they listed with me.

They used their three bedroom, two full bath, 1,248 sq. ft., 1984 home as a secluded vacation retreat for the past 17 years. They maintained it so well the brown shag carpet and vinyl pine paneling are in excellent shape. The vinyl siding and architectural shingle roof are in excellent shape. The home is well built and rock solid.

When they came to the Outer Banks to list their home with me, they discoved one of their outdoor heat pumps and hot water heater had failed. They don’t do things half way. They installed a brand new dual zone (2) Trane heat pump system and a brand new hot water heater. I connected them with my preferred plumbing company and they had all new plumbing installed for their outside shower. My son helped them with major limb and tree removal and brush hogging so the house can be seen from Hillcrest Drive.

On August 6,2016, we listed the house for $ 279,000.00 with a 5.0% brokerage fee. If Shore Tern Realty, Inc. was also the selling agent, the commission for both sides of the transaction would be 4.0%.

We had a large number of showings, but no takers. In the meantime, Hurrican Matthew hit. The home sits up high and was protected by the dune in back. I did clear fallen branches and raked and swept their long concrete driveway. I discovered the outisde shower’s cover over the water valves under the house was missing. I drained the outside shower and installed insulation and a new wooden cover plate over the valves.

We lowered the price to $ 268,400.00. Very quickly we had more showings. My sellers signed a contract for $ 260,000.00.

On very worrisome thing happed right as we were ready to close the sale. Scammers attempted to steal my seller’s equity by E-mailing a fictitious change in the routing of their funds. I have worked for many years with the buyer’s paralegal. She knows I ALWAYS SHOW UP IN PERSON to handle anyting of significance for my clients. She responded to the scammers “NICE TRY!” We closed and recorded the sale in the Dare County Courthouse.

My seller’s equity was wired to their account right on time and without further incident.