NOT LISTED FOR SALE

Estimated Value: $821,000 - $944,000

0.92 Acre
$966,689 Price per Acre
40,075 Sq Ft Lot

Last Sold April 21, 2014

Last sale price $85,000

Est. 927% increase in value since last sale

Current estimated payment $4,910/month

34 Days on Market

Highlights

  • Views of a Sound
  • Corner Lot
  • Timber
  • Home fronts a sound
  • Cul-De-Sac

About This Lot

As of April 2014

Prime corner lot in very desirable soundfront community. Westerly views of the Albemarle Sound, Intercoastal Waterway and breathtaking sunsets. Lots of room to spread out; see aerial photo for distance to water. This lot lines up with the common area across the street providing a view of the sound. With purchase of lot, seller will provide a 14x30 fiberglass swimming pool installed; an approximately $25,000 value.

Last Agent to Sell the Property

Gary Woodson

OBHOA, LLC License #262354 Listed on: 02/05/2014

Last Buyer's Agent

Tammy Shilling

Long & Foster Real Estate - Kitty Hawk / OBX License #278182

Long & Foster Real Estate - Kitty Hawk / OBX

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $372

Lot Details

  • 0.92 Acre Lot
  • Home fronts a sound
  • Property fronts a private road
  • Cul-De-Sac
  • Corner Lot
  • Level Lot

HOA Fees

  • $33 Monthly HOA Fees

Additional Features

  • Views of a Sound
  • Timber

Listing and Financial Details

  • Tax Block 1

Community Details

Overview

  • Albemarle Estate Subdivision

Amenities

  • Common Area

Property Details

Property Type

Land

Est. Annual Taxes

$372

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: 158N left on Edgewater, left on Harbinger Ridge, Right on Catherine, follow to Cynthia, left on Will
  • Subdivision Name: Albemarle Estates
  • Headline: Semi Soundfront Water Views
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Semi-Soundfront
  • Zoning: R
  • Timber: Light
  • Deed Book Pg Number: 888
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Sound

Utilities

  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 400

Lot Info

  • Estimated Lot Sq Ft: 40075
  • Lot Description: Common Area, Corner, Cul-de-sac, Level
  • Deed Book: 1159
  • Unit/Lot Number: Lot 16

Tax Info

  • Year: 2013
  • Taxes: 372.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2014
Closed on
Apr 21, 2014
Sold by
May Thomas H and May Christy A
Bought by
Appelbaum Phillip Sheldon and Appelbaum Linda Jane
Seller's Agent
Gary Woodson
OBHOA, LLC
Buyer's Agent
Tammy Shilling
Long & Foster Real Estate - Kitty Hawk / OBX
List Price
$95,000
Sold Price
$85,000
Premium/Discount to List
-$10,000
-10.53%
Current Estimated Value
$873,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$788,028
Avg. Annual Appreciation
22.16%

Purchase Details

Closed on
Apr 20, 2011
Sold by
Jameson Cory C and Jameson Terri R
Bought by
May Thomas H and May Christy A

Purchase Details

Closed on
May 7, 2008
Sold by
Miller John T
Bought by
Jameson Cory C and Jameson Terri R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,298
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Appelbaum Phillip Sheldon $85,000 None Available
May Thomas H $75,000 None Available
Jameson Cory C -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jameson Cory C $177,298
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2014 04/21/14 Sold $85,000 -10.5% --
03/11/2014 03/11/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $95,000 -- --
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
2025 $3,728 $558,600 $91,200 $467,400
2024 $3,728 $558,600 $91,200 $467,400
2023 $3,719 $558,600 $91,200 $467,400
2022 $2,809 $558,600 $91,200 $467,400
2021 $2,801 $390,600 $76,800 $313,800
2020 $2,025 $390,600 $76,800 $313,800
2019 $2,025 $390,600 $76,800 $313,800
2018 $2,025 $390,600 $76,800 $313,800
2017 $1,989 $390,600 $76,800 $313,800
2016 $1,989 $390,600 $76,800 $313,800
2015 -- $76,800 $76,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 82207

Outer Banks Association of REALTORS®

APN: 132J-000-0016-0001