NOT LISTED FOR SALE

Estimated Value: $826,000 - $1,610,000

0.92 Acre
$1,223,425 Price per Acre
40,000 Sq Ft Lot

Last Sold January 23, 2018

Last sale price $66,500

Est. 1,587% increase in value since last sale

Current estimated payment $6,330/month

216 Days on Market

Highlights

  • Wooded Lot
  • Cul-De-Sac
  • Level Lot

About This Lot

As of January 2018

Live the elegant country life in this quiet, woodsy and stately neighborhood bordering the Albemarle Sound. Beautiful newer homes will surround this prime building lot located only a few miles across the Wright Bros Mem Bridge and from the beaches! Private neighborhood sound access is steps away with new park grill, picnic table and benches for soaking in spectacular sunsets. Restrictive Covenants require 3,000sf minimum build size in this section of the subdivision and Architectural Committee review of all building plans. Lots are hot-selling right now, so don't miss this opportunity!

Last Agent to Sell the Property

Terry Cremia

Shore Realty License #204156 Listed on: 04/06/2017

Co-Listed By

Greg Cremia

Shore Realty License #127284

Last Buyer's Agent

Shane Collins

SERHANT North Carolina LLC License #271508

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $329

Lot Details

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

HOA Fees

  • $33 Monthly HOA Fees

Community Details

  • Association fees include management, road maintenance
  • Phil Sigfrinius Association
  • Albemarle Estate Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$329

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: From west on US 158/Caratoke Hwy, left/south on Edgewater Dr., left on Harbinger Ridge Rd., right on Catherine Dr. (becomes Cynthia Ct.), left on Will Ct., lot on right.
  • Flood Zone: X
  • Subdivision Name: Albemarle Estates
  • Headline: Gorgeous location!
  • L V T Date: 04/08/2017
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Section: 1
  • Zoning: Res
  • Deed Book Pg Number: 923
  • Office License Number: C17783
  • Special Features: None
  • Property Sub Type: LotsLands

Condo/Co-op/Association

  • Association Amenities: Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 400
  • Hoa Contact: Phil Sigfrinius
  • Fee Includes: Management, Road Maintenance

Lot Info

  • Estimated Lot Sq Ft: 40000
  • Lot Description: Cul-de-sac, Level, Wooded
  • Lot Faces: W
  • Lot Size: irreg
  • Deed Book: 1316
  • Unit/Lot Number: Lot

Tax Info

  • Year: 2016
  • Taxes: 329

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2017
Closed on
Jan 22, 2018
Sold by
Verell David W and Verell Katherine A
Bought by
Murillo Luis and Murillo Esmerada P
Seller's Agent
Terry Cremia
Shore Realty
Buyer's Agent
Shane Collins
SERHANT North Carolina LLC
List Price
$74,900
Sold Price
$66,500
Premium/Discount to List
-$8,400
-11.21%
Current Estimated Value
$1,122,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,055,609
Avg. Annual Appreciation
42.58%
Original Mortgage
$41,500
Interest Rate
3.94%
Mortgage Type
Unknown

Purchase Details

Listed on
Jan 6, 2015
Closed on
Feb 13, 2015
Sold by
Deutsche Bank National Trust Company
Bought by
Verell David W and Verell Katherine A
Seller's Agent
Sebastian Pignato
Tidal Realty, LLC
Buyer's Agent
Patricia Lusk
Century 21 Nachman Realty
List Price
$29,900
Sold Price
$23,500
Premium/Discount to List
-$6,400
-21.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.97%

Purchase Details

Closed on
Oct 2, 2014
Sold by
Colwell Peter N and Colwell Evelyn L
Bought by
Onewest Bank Na

Purchase Details

Closed on
Sep 23, 2005
Sold by
Lorimer Inc
Bought by
Colwell Peter N and Colwell Evelyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 23, 2005
Sold by
Wilko Development Llc
Bought by
Lorime Inc
Source: Public Records
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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
Murillo Luis $66,500 None Available
Verell David W $23,500 None Available
Deutsche Bank National Trust Company -- None Available
Onewest Bank Na $169,000 Servicelink
Colwell Peter N $225,000 None Available
Lorime Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Murillo Luis $41,500
Previous Owner Colwell Peter N $191,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2018 01/23/18 Sold $66,500 -11.2% --
11/08/2017 11/08/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $74,900 +218.7% --
02/25/2015 02/25/15 Sold $23,500 -21.4% -- View Prior Sale
01/15/2015 01/15/15 Pending -- -- --
01/06/2015 01/06/15 For Sale $29,900 -- --
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 $5,222 $726,100 $50,900 $675,200
2024 $5,222 $726,100 $50,900 $675,200
2023 $5,237 $726,100 $50,900 $675,200
2022 $3,597 $726,100 $50,900 $675,200
2021 $3,571 $542,600 $67,200 $475,400
2020 $2,754 $542,600 $67,200 $475,400
2019 $1,458 $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

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 95976

Outer Banks Association of REALTORS®

APN: 132J-000-0014-0001