NOT LISTED FOR SALE

Estimated Value: $148,000 - $408,000

0.92 Acre
$235,234 Price per Acre
40,075 Sq Ft Lot

Last Sold October 22, 2018

Last sale price $84,500

Est. 159% increase in value since last sale

Current estimated payment $1,202/month

266 Days on Market

Highlights

  • Views of a Sound
  • Cul-De-Sac
  • Level Lot
  • Wooded Lot

About This Lot

As of October 2018

An excellent value for this large wooded homesite with approximately 40,000 square feet. It is located in a quiet cul-de-sac two lots off the sound. The community waterfront access, which has new benches, a picnic table and park grill, is just across the street. Albemarle Estates is a secluded, peaceful neighborhood two miles from the Wright Memorial Bridge and 10 minutes from the beach. it is also a short drive to the new Currituck County Rural Center which has sound access for kayaker or canoes, equestrian indoor and outdoor rings, two fishing ponds, picnic pavilions and playground equipment. Several new homes have recently been built in Albemarle Estates. If you've never seen this community, do yourself a favor and take a look!

Last Agent to Sell the Property

Marcia Parrott

Village Realty Holdings, LLC - NH License #112016 Listed on: 11/16/2017

Last Buyer's Agent

Shane Collins

SERHANT North Carolina LLC License #271508

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $323

Lot Details

  • 0.92 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot
  • Wooded Lot

HOA Fees

  • $33 Monthly HOA Fees

Property Views

  • Views of a Sound

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

Overview

  • Association fees include grounds maintenance, management, road maintenance
  • Phillip Appelbaum, President Association, Phone Number (410) 507-5038
  • Albemarle Estate Subdivision

Amenities

  • Common Area

Property Details

Property Type

Land

Est. Annual Taxes

$323

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: East on US 158 from Outer Banks beaches to Harbinger, turn left on Edgewater Dr at Exxon. At T turn left on Harbinger Ridge Rd, turn right into Albemarle Estates, follow Catherine Dr to Cynthia Ct. Will Ct is on left, lot is at back of cul-de-sac adjacent to house at 101 Will Ct on left corner.
  • Flood Zone: X
  • Subdivision Name: Albemarle Estates
  • Headline: Secluded & Close to the Beach!
  • L V T Date: 11/18/2017
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Section: 1
  • Zoning: res
  • Deed Book Pg Number: E/00
  • Office License Number: C26996
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Sound

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 400
  • Hoa Contact: Phillip Appelbaum, President
  • HOA Contact: 410-507-5038
  • Fee Includes: Grounds Maintenance, Management, Road Maintenance

Lot Info

  • Estimated Lot Sq Ft: 40075
  • Lot Description: Cul-de-sac, Level, Wooded
  • Lot Size: 40,075 sq ft +/-
  • Estimated Lot Size: 0.92
  • Deed Book: 14
  • Unit/Lot Number: Lot 15

Tax Info

  • Year: 2018
  • Taxes: 322.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2017
Closed on
Sep 11, 2018
Sold by
Mckean Karen F
Bought by
Murillo Luis and Murillo Esmeralda
Seller's Agent
Marcia Parrott
Village Realty Holdings, LLC - NH
Buyer's Agent
Shane Collins
SERHANT North Carolina LLC
List Price
$89,990
Sold Price
$84,500
Premium/Discount to List
-$5,490
-6.1%
Current Estimated Value
$218,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,135
Avg. Annual Appreciation
13.91%
Original Mortgage
$67,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 2006
Sold by
Ryan Ronald R and Ryan Sharon E
Bought by
Mckean Thomas P and Mckean Karen F

Purchase Details

Closed on
May 23, 2005
Sold by
Wilko Development Llc
Bought by
Ryan Ronald R and Ryan Sharon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Murillo Luis $84,500 None Available
Mckean Thomas P -- None Available
Ryan Ronald R $675,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Murillo Luis $67,000
Previous Owner Ryan Ronald R $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2018 10/22/18 Sold $84,500 -6.1% --
08/09/2018 08/09/18 Pending -- -- --
12/11/2017 12/11/17 For Sale $89,990 0.0% --
11/16/2017 11/16/17 Pending -- -- --
11/16/2017 11/16/17 For Sale $89,990 +136.8% --
05/25/2015 05/25/15 Sold $38,000 -15.4% -- View Prior Sale
04/25/2015 04/25/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $44,900 -- --
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 $316 $50,900 $50,900 $0
2024 $316 $50,900 $50,900 $0
2023 $316 $50,900 $50,900 $0
2022 $234 $50,900 $50,900 $0
2021 $234 $67,200 $67,200 $0
2020 $323 $67,200 $67,200 $0
2019 $323 $67,200 $67,200 $0
2018 $323 $67,200 $67,200 $0
2017 $323 $67,200 $67,200 $0
2016 $323 $67,200 $67,200 $0
2015 -- $67,200 $67,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 98518

Outer Banks Association of REALTORS®

APN: 132J-000-0015-0001