NOT LISTED FOR SALE

127 Peninsula Dr Manteo, NC 27954

Estimated Value: $897,305 - $1,156,000

0.18 Acre
$5,508,565 Price per Acre
8,114 Sq Ft Lot

Last Sold November 09, 2017

Last sale price $140,000

Est. 624% increase in value since last sale

Current estimated payment $5,872/month

206 Days on Market

Highlights

  • 59 Feet of Waterfront
  • Boat Dock
  • Level Lot
  • Views of a Sound

About This Lot

As of November 2017

Views, views and more views. Deep water canal for your boats - no restriction on size, it it fits on your water-frontage. 59 feet of water frontage, canal is 5 -7 ft deep. Sewer system. Boat ramp. The Peninsula is a beautifully maintained and quiet neighborhood. This private 34 lot community is located minutes from the beach. Short boat ride to Oregon Inlet-20 minutes. Compare the views and price to Pirates Cove comps. This is a special sight to build your dream home.

Last Agent to Sell the Property

Cooper Hawk

Outer Banks Realty Group License #229028 Listed on: 03/07/2017

Last Buyer's Agent

Suzanne Baer

Outer Banks Realty Solutions License #205159

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,191

Lot Details

  • 8,114 Sq Ft Lot
  • 59 Feet of Waterfront
  • Home fronts a canal
  • Level Lot

HOA Fees

  • $100 Monthly HOA Fees

Additional Features

  • Views of a Sound
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include building maintenance, grounds maintenance, road maintenance
  • Peninsula Subdivision

Recreation

  • Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$1,191

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: TAke Russel Twiford Drive past the College or Albamarle, go through the gate and the property is on your right after you pass launch circle.
  • Flood Zone: AE
  • Subdivision Name: The Peninsula
  • Headline: 59' of dockable waterfront
  • L V T Date: 03/07/2017
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Canalfront
  • Zoning: res
  • Deed Book Pg Number: 0010
  • Office License Number: C5591
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Sound, Salt Marsh
  • Water Frontage: 59

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Boat Ramp, Boat Dock, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 1200
  • Fee Includes: Building Maintenance, Grounds Maintenance, Road Maintenance

Lot Info

  • Estimated Lot Sq Ft: 8114
  • Lot Description: Bulkheaded, Level, Water Frontage
  • Lot Faces: E
  • Deed Book: 1458
  • Unit/Lot Number: lot 26

Tax Info

  • Year: 2016
  • Taxes: 1191.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2017
Closed on
Nov 3, 2017
Sold by
Johnson Richard A and Johnson Janet E
Bought by
Farmer Michael W and Farmer Yvonne M
Seller's Agent
Cooper Hawk
Outer Banks Realty Group
Buyer's Agent
Suzanne Baer
Outer Banks Realty Solutions
List Price
$180,000
Sold Price
$140,000
Premium/Discount to List
-$40,000
-22.22%
Current Estimated Value
$1,013,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$873,576
Avg. Annual Appreciation
28.62%
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
Farmer Michael W $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farmer Yvonne Mcneil $360,400
Closed Farmer Michael Wesley $510,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2017 11/09/17 Sold $140,000 -3.4% --
09/29/2017 09/29/17 Pending -- -- --
08/31/2017 08/31/17 Price Changed $145,000 -3.3% --
07/14/2017 07/14/17 Price Changed $150,000 -3.2% --
06/27/2017 06/27/17 Price Changed $155,000 -3.1% --
05/17/2017 05/17/17 Price Changed $160,000 -11.1% --
03/07/2017 03/07/17 For Sale $180,000 -- --
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 $4,463 $598,200 $136,500 $461,700
2023 $2,396 $598,200 $136,500 $461,700
2022 $4,463 $598,200 $136,500 $461,700
2021 $1,456 $195,200 $136,500 $58,700
2020 $1,079 $144,700 $136,500 $8,200
2019 $1,251 $148,900 $144,600 $4,300
2018 $1,251 $148,900 $144,600 $4,300
2017 $1,251 $148,900 $144,600 $4,300
2016 $1,191 $148,900 $144,600 $4,300
2014 $1,176 $148,900 $144,600 $4,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 95495

Outer Banks Association of REALTORS®

APN: 025818027