NOT LISTED FOR SALE

Estimated Value: $262,000 - $390,000

3 Beds
1 Bath
1,120 Sq Ft
$310/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $69,000 $62 Per Sq Ft

Est. 413% increase in value since last sale

Current estimated payment $2,030/month

17 Days on Market

Highlights

  • 92 Feet of Waterfront
  • Ranch Style House
  • Level Lot
  • Canal View

About This Home

As of October 2020

Bank Owned Foreclosure ... home in poor condition - Value is in the Land .. large 92 by approx. 140 feet (approx. 12,788 Sf Lot) with 92 feet on canal ... very close to the Sound ... * THIS IS A BANK OWNED PROPERTY - OWNED BY TRUIST Bank *** SEE BROKER NOTES FOR REQUIRED ADDENDUMS ... IF BUYER OBTAINING REHAB LOAN FINANCING - A LENDER PRE-APPROVAL ACCEPTABLE TO SELLER MUST BE INCLUDED WITH ANY PURCHASE OFFER - NOTE: Due to Home condition will likely not qualify for regular 30 year fixed rate conventional type loan * IF A CASH PURCHASE - A PROOF OF FUNDS ACCEPTABLE TO SELLER MUST BE PROVIDED WITH OFFER. * HOME IS SOLD AS-IS, WHERE-IS AND BY ""SPECIAL WARRANTY DEED""" *** THERE ARE NO FACILITIES AVAILABLE IN HOME. *** Waterfront Home/Land ... Approx. 92' on Navigable Canal ...

Last Agent to Sell the Property

John Leatherwood

Coldwell Banker Seaside Realty KH License #86507 Listed on: 09/18/2020

Coldwell Banker Seaside Realty KH

Co-Listed By

Debbie Knieper

Coldwell Banker Seaside Realty KH License #199613

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Debbie Knieper

Coldwell Banker Seaside Realty KH License #199613

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $639

Year Built

  • Built in 1978

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 92 x 143 x 92 x 136
  • 92 Feet of Waterfront
  • Home fronts a canal
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • Unpaved Parking

Home Design

  • Ranch Style House
  • Masonry Perimeter Foundation

Interior Spaces

  • 1,120 Sq Ft Home
  • Canal Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Private or Community Septic Tank

Community Details

  • Walnut Isle Est Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot #43

Home Details

Home Type

Single Family

Est. Annual Taxes

$639

Year Built

Built in 1978

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Ranch
  • Bank Owned: Yes
  • Directions: GPS - Close to Sound
  • Flood Zone: AE
  • Subdivision Name: Walnut Island Estates
  • Headline: 92 Feet Canalfront
  • Heated Sq Ft: 1120
  • L V T Date: 09/18/2020
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Canalfront
  • Zoning: R
  • Deed Book Pg Number: 514
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Foundation: Masonry
  • Full Bathrooms: 1

Exterior Features

  • Street Frontage: 92
  • View: Canal
  • Water Frontage: 92

Garage/Parking

  • Parking: Unpaved

Utilities

  • Sewer/Septic System: Private Septic

Condo/Co-op/Association

  • Association Amenities: Sound Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 50

Lot Info

  • Estimated Lot Sq Ft: 12788
  • Lot Description: Level, Water Frontage
  • Lot Faces: SOUTH
  • Lot Size: 92 x 143 x 92 x 136
  • Lot Number: Lot#43
  • Estimated Lot Size: 0.29
  • Deed Book: 1338

Building Info

  • Year Built: 1978

Tax Info

  • Year: 2020
  • Taxes: 639

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Oct 15, 2020
Sold by
Trust Bank
Bought by
Davis Donald R and Davis Beverlee C
Seller's Agent
John Leatherwood
Coldwell Banker Seaside Realty KH
Buyer's Agent
Debbie Knieper
Coldwell Banker Seaside Realty KH
List Price
$79,000
Sold Price
$69,000
Premium/Discount to List
-$10,000
-12.66%
Current Estimated Value
$354,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,285
Avg. Annual Appreciation
36.45%

Purchase Details

Closed on
Aug 17, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Jul 14, 2014
Sold by
Suntrust Mortgage Inc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Apr 30, 2014
Sold by
Secretary Of Housing & Urban Development
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Apr 23, 2013
Sold by
Smith Corie M and Gunter Timothy
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Sep 8, 2008
Sold by
Johnson Joel Curtis and Johnson Amy C
Bought by
Smith Corie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,484
Interest Rate
6.48%
Mortgage Type
FHA
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
Davis Donald R $69,000 None Available
Suntrust Mortgage Inc -- Attorney
Secretary Of Housing & Urban Development -- None Available
Suntrust Mortgage Inc -- None Available
Suntrust Mortgage Inc $137,283 None Available
Smith Corie M $143,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Corie M $141,484
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $69,000 -12.7% $62 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $79,000 -- $71 / Sq Ft
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 $2,038 $258,000 $68,100 $189,900
2024 $2,038 $258,000 $68,100 $189,900
2023 $1,936 $258,000 $68,100 $189,900
2022 $974 $258,000 $68,100 $189,900
2021 $838 $101,500 $59,600 $41,900
2020 $638 $101,500 $59,600 $41,900
2019 $638 $101,500 $59,600 $41,900
2018 $0 $101,500 $59,600 $41,900
2017 $602 $101,500 $59,600 $41,900
2016 $602 $101,500 $59,600 $41,900
2015 $602 $101,500 $59,600 $41,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111078

Outer Banks Association of REALTORS®

APN: 107B-00A-0043-0004