NOT LISTED FOR SALE

Estimated Value: $1,943,000 - $3,298,000

0.46 Acre
$5,750,872 Price per Acre
20,038 Sq Ft Lot

Last Sold July 27, 2021

Last sale price $1,400,000

Est. 89% increase in value since last sale

Current estimated payment $15,590/month

1 Day on Market

Highlights

  • Beach Front
  • Kitty Hawk Elementary School Rated 9+
  • Ocean View

About This Lot

As of July 2021

Bound only by the limitless sky and seemingly endless sea, rare oceanfront jewels like this premier oceanfront lot in Southern Shores are quickly becoming a once-in-a-lifetime opportunity. Nearly a half-acre of untouched beauty awaits your master touch. Located in the town's northernmost community of Sea Crest Village, proximity to Duck with all its fine eateries, shopping adventures and unlimited recreational opportunities, is just moments away. So come, build your dream home and experience all the best the Outer Banks has to offer! This quiet street in Southern Shores is host to many private year round and 2nd home families who treasure passing neighbors by on their daily beach walks. The cul-de-sac also appreciates the Thirteenth Ave stop light for ease of navigation to Duck or the south beaches. For the investor, estimates from local property management for an impressive income-producing vacation home are available. Call for details.

Last Agent to Sell the Property

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 07/10/2021

Keller Williams - Outer Banks

Co-Listed By

Amber Bodner Griffith

Keller Williams - Outer Banks License #222568

Last Buyer's Agent

Cameron Griggs

Coldwell Banker Seaside Realty KH License #294636

Coldwell Banker Seaside Realty KH

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,917

Lot Details

  • 0.46 Acre Lot
  • Beach Front
  • 81 Feet of Waterfront

HOA Fees

  • $5 Monthly HOA Fees

Property Views

  • Ocean Views

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Sea Crest Villg Subdivision

Listing and Financial Details

  • Tax Block 58

Property Details

Property Type

Land

Est. Annual Taxes

$4,917

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: VE
  • Subdivision Name: Sea Crest Village
  • Headline: RARE OCEANFRONT EXTRAORDINARE
  • L V T Date: 07/10/2021
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 264
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 100
  • View: Ocean
  • Water Frontage: 81

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Municipal
  • Electric: Available

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 65

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Faces: W
  • Lot Size: Irregular
  • Estimated Lot Size: 0.46
  • Deed Book: 1787
  • Unit/Lot Number: Lot 4RA

Tax Info

  • Year: 2020
  • Taxes: 4917.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2021
Sold by
Edgar Real Estate Ventures Ncss Llc
Bought by
Edgar Todd A and Edgar Babette S
Current Estimated Value
$2,645,401

Purchase Details

Listed on
Jul 10, 2021
Closed on
Jul 27, 2021
Sold by
Cgm Smith Llc
Bought by
Edgar Real Estate Ventures Ncss Llc
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Cameron Griggs
Coldwell Banker Seaside Realty KH
List Price
$1,300,000
Sold Price
$1,400,000
Premium/Discount to List
$100,000
7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.88%

Purchase Details

Closed on
Jan 23, 2008
Sold by
Smith Russell J and Smith Mary Carol
Bought by
Cgm Smith Llc

Purchase Details

Closed on
May 17, 2006
Sold by
Smith Russell J and Smith Mary Carol
Bought by
Smith Russell J and Smith Mary Carol

Purchase Details

Closed on
Aug 17, 2005
Sold by
Loose Kurt M and Franz Astrid
Bought by
Smith Rusell J and Smith Mary Carol
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Edgar Todd A -- None Available
Edgar Real Estate Ventures Ncss Llc $1,400,000 None Available
Cgm Smith Llc -- None Available
Smith Russell J -- None Available
Smith Rusell J $2,000,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Sold $1,400,000 +7.7% --
07/11/2021 07/11/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $1,300,000 -- --
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,052 $1,863,000 $824,600 $1,038,400
2023 $7,461 $1,319,900 $824,600 $495,300
2022 $6,084 $824,600 $824,600 $0
2021 $6,084 $824,600 $824,600 $0
2020 $4,917 $824,600 $824,600 $0
2019 $5,485 $794,900 $794,900 $0
2018 $5,485 $794,900 $794,900 $0
2017 $5,485 $794,900 $794,900 $0
2016 $5,167 $794,900 $794,900 $0
2014 $5,167 $794,900 $794,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115171

Outer Banks Association of REALTORS®

APN: 021293000