NOT LISTED FOR SALE

Estimated Value: $642,000 - $920,900

5 Acres
$152,440 Price per Acre
219,542 Sq Ft Lot

Last Sold November 26, 2019

Last sale price $165,000

Est. 363% increase in value since last sale

Current estimated payment $4,547/month

80 Days on Market

Highlights

  • Golf Course View
  • Timber
  • Level Lot
  • 5.04 Acre Lot

About This Lot

As of November 2019

With over five acres of high ground on South Spot Road there are many options for this property. With the water line just down the road it has potential for a multiple lot subdivision. You could also just have a well and have one large quiet/private home site. Adjacent to The Point golf course at least one home location will have views of the 18th fairway and green. There’s also plenty of room for horses. This property has been selectively cleared and easy to walk. Park along Spot Road and check out this beautiful piece of property!

Last Agent to Sell the Property

Scott Team Realt Team

Scott Team Realty License #See Brokers Notes Listed on: 08/02/2019

Last Buyer's Agent

Marina Lilley

Default, Office License #309722

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $289

Lot Details

  • 5.04 Acre Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned AG

Utilities

  • Well
  • Private or Community Septic Tank

Additional Features

  • Golf Course Views
  • Timber

Property Details

Property Type

Land

Est. Annual Taxes

$289

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: Turn off US158 on S Spot Road. Property is about a half mile on the right
  • Flood Zone: X
  • Subdivision Name: Southspot
  • Headline: Acreage On Golf Course!
  • L V T Date: 08/02/2019
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Zoning: AG
  • Timber: Light
  • Deed Book Pg Number: 446
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C12366
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 210
  • View: Golf Course

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 219542
  • Lot Description: Golf Course Frontage, Level, Cleared
  • Estimated Lot Size: 5.04
  • Deed Book: 1407

Tax Info

  • Year: 2019
  • Taxes: 289

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Nov 26, 2019
Sold by
Rupert Gunnell and Rupert Katherine H
Bought by
Brown Steven P and Brown Carolyn N
Seller's Agent
Scott Team Realt Team
Scott Team Realty
Buyer's Agent
Marina Lilley
Default, Office
List Price
$229,000
Sold Price
$165,000
Premium/Discount to List
-$64,000
-27.95%
Current Estimated Value
$763,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$598,758
Avg. Annual Appreciation
33.81%
Original Mortgage
$123,750
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Listed on
May 1, 2017
Closed on
May 15, 2017
Sold by
Perkins Michelle Kittrell and Kittrell William Douglas
Bought by
Natole Robert and Rupert Gunnell
Seller's Agent
Michelle Register
Default, Office
Buyer's Agent
Michelle Register
Default, Office
List Price
$122,500
Sold Price
$123,000
Premium/Discount to List
$500
0.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%
Original Mortgage
$61,000
Interest Rate
4.02%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 29, 2014
Sold by
Kittrell William Beau and Kittrell Mary Hudson
Bought by
Perkins Michelle Kittrell and Kittrell William Doughlas
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
Brown Steven P $165,000 None Available
Natole Robert $123,000 None Available
Perkins Michelle Kittrell -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Steven P $401,000
Closed Brown Steven P $396,000
Closed Brown Steven P $427,200
Closed Brown Steven P $123,750
Previous Owner Rupert George Gunnell $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2019 11/26/19 Sold $165,000 -2.4% --
10/21/2019 10/21/19 Pending -- -- --
10/14/2019 10/14/19 Price Changed $169,000 -26.2% --
08/02/2019 08/02/19 For Sale $229,000 +86.2% --
05/18/2017 05/18/17 Sold $123,000 +0.4% --
05/04/2017 05/04/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $122,500 -- --
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 $3,947 $593,400 $139,400 $454,000
2023 $3,947 $555,000 $139,400 $415,600
2022 $2,792 $555,000 $139,400 $415,600
2021 $644 $60,100 $59,400 $700
2020 $288 $60,100 $59,400 $700
2019 $288 $60,100 $59,400 $700
2018 $288 $60,100 $59,400 $700
2017 $288 $60,100 $59,400 $700
2016 $288 $60,100 $59,400 $700
2015 $396 $82,500 $59,400 $23,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 106039

Outer Banks Association of REALTORS®

APN: 0124-000-0093-0000