NOT LISTED FOR SALE

143 Simpson Ln Barco, NC 27917

Estimated Value: $217,000 - $354,000

3 Beds
2 Baths
1,396 Sq Ft
$184/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $210,000 $150 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,540/month

27 Days on Market

Highlights

  • 102 Feet of Waterfront
  • Wooded Lot
  • Central Heating and Cooling System
  • Canal View
  • Traditional Architecture

About This Home

As of October 2023

If you've been searching high and low for an affordable fixer upper, we may have just what you've been seeking. This 1396-square-foot modular has 3 beds and 2 baths and sits on nearly an acre of land with navigable canalfront and easy access to Currituck Sound. We have limited knowledge of the house (don't know if the mechanics are functional) as it's part of an estate sale, but we believe the bones of the house are in good shape. The home was constructed on pilings and the garage underneath (same square footage as the house) was enclosed around the pilings. There is also an indoor laundry room and large screened porch off the back of the house. The house is nestled on a very private gravel road in Barco with 102-foot of canal frontage. There is an existing bulkhead, but it needs major repair or replacement. So, if you've been looking for that affordable waterfront, come take a look. This just may be YOUR diamond in the rough! Three adjacent lots are also for sale - 135, 139 and 149 Simpson Lane. The four properties combine to 4.33 acres.

Last Agent to Sell the Property

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 07/08/2023

Keller Williams - Outer Banks

Co-Listed By

Becky Reed

Keller Williams - Outer Banks License #318510

Last Buyer's Agent

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 07/08/2023

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,372

Year Built

  • Built in 2005

Lot Details

  • 0.88 Acre Lot
  • 102 Feet of Waterfront
  • Home fronts a canal
  • Unpaved Streets
  • Wooded Lot
  • Property is zoned SFM

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Asphalt Shingled Roof
  • Modular or Manufactured Materials
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,396 Sq Ft Home
  • Canal Views

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Well
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,372

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Traditional
  • Directions: Going north on 158, turn onto Simpson Lane just past Kingdom Real Estate office. Property is on the left.
  • Flood Zone: AE
  • Headline: Affordable Canalfront
  • Heated Sq Ft: 1396
  • L V T Date: 07/08/2023
  • Roads: Public, Unpaved, Gravel
  • Sale/Rent: For Sale
  • Waterfront Location: Canalfront
  • Zoning: SFM
  • Deed Book Pg Number: 890
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range/Oven
  • Bedrooms: 3
  • Foundation: Piling
  • Full Bathrooms: 2

Exterior Features

  • Construction: Modular (Pre-Fab)
  • Exterior: Aluminum, Vinyl
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 110
  • View: Canal
  • Water Frontage: 102

Garage/Parking

  • Garage: Attached, 1 Car
  • Garage Sq Ft: 1396
  • Parking: Off Street

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer/Septic System: Private Septic
  • Water: Well

Lot Info

  • Estimated Lot Sq Ft: 38333
  • Lot Description: Water Frontage, Wooded
  • Lot Size: Irregular
  • Lot Number: Lot N/A
  • Estimated Lot Size: 0.88
  • Deed Book: 508

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2022
  • Taxes: 1372.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2023
Closed on
Sep 21, 2023
Sold by
Sharp Starkey
Bought by
Brown Kendal
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Sarah Spencer
Keller Williams - Outer Banks
List Price
$275,000
Sold Price
$210,000
Premium/Discount to List
-$65,000
-23.64%
Views
46
Current Estimated Value
$257,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,308
Avg. Annual Appreciation
9.54%
Original Mortgage
$208,100
Outstanding Balance
$205,011
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$45,350
Source: Public Records

Range of Values:

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Average Value
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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
Brown Kendal -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Kendal $208,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $210,000 -15.7% $150 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
07/18/2023 07/18/23 Price Changed $249,000 -9.5% $178 / Sq Ft
07/08/2023 07/08/23 For Sale $275,000 -- $197 / 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
2024 $1,784 $246,400 $101,700 $144,700
2023 $1,784 $246,400 $101,700 $144,700
2022 $1,372 $246,400 $101,700 $144,700
2021 $1,364 $222,400 $104,000 $118,400
2020 $1,218 $222,400 $104,000 $118,400
2019 $1,218 $222,400 $104,000 $118,400
2018 $1,218 $222,400 $104,000 $118,400
2017 $1,182 $222,400 $104,000 $118,400
2016 $1,182 $222,400 $104,000 $118,400
2015 $1,182 $222,400 $104,000 $118,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 122721

Outer Banks Association of REALTORS®

APN: 0069-000-0031-0000