NOT LISTED FOR SALE

Estimated Value: $425,000 - $517,000

0.23 Acre
$2,113,726 Price per Acre
10,000 Sq Ft Lot

Last Sold January 11, 2018

Last sale price $60,000

Est. 710% increase in value since last sale

Current estimated payment $2,771/month

96 Days on Market

About This Lot

As of January 2018

Located in a Maritime Forest, nice size building lot very close to all the walking/biking/hiking trail of Nags Head Wood Preserves yet minutes to the beach and shopping/ restaurants. Very private and wooded lot. Water line would need to be added to tap into the town water at the end of the street. Please call agent for more details.

Last Agent to Sell the Property

Dawn Stultz

Blue Horizon Realty License #251514 Listed on: 09/03/2017

Last Buyer's Agent

* **Not a Member

**Not a Member License #NA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $632

Lot Details

  • 10,000 Sq Ft Lot
  • Cul-De-Sac
  • Irregular Lot
  • Wooded Lot

Community Details

  • Ocean Acres Inc Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$632

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: Go all the way to the end of Ocean Acres - it will turn to gravel road, make R. on Wood Duck then another almost right into a small cul-de-sac - the sign for Teal Ct. is missing - there is one house at 1605 and then you will see my sign.
  • Subdivision Name: Ocean Acres Sec. 4
  • Headline: Close to Nags Head Woods!
  • L V T Date: 09/03/2017
  • Roads: Gravel
  • Sale/Rent: For Sale
  • Section: 4
  • Zoning: residentia
  • Deed Book Pg Number: 0122
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C22210
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Estimated Lot Sq Ft: 10000
  • Lot Description: Cul-de-sac, Irregular Terrain, Wooded
  • Deed Book: 1960
  • Unit/Lot Number: Lot 28

Tax Info

  • Year: 2017
  • Taxes: 632

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2018
Sold by
Renaissance Construction
Bought by
Strader Michael W
Current Estimated Value
$486,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,370
Outstanding Balance
$175,623
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$310,534

Purchase Details

Listed on
Sep 3, 2017
Closed on
Jan 8, 2018
Sold by
Higey Keri L and Murray Kyle
Bought by
Renaissance Construction Company Inc
Seller's Agent
Dawn Stultz
Blue Horizon Realty
Buyer's Agent
* **Not a Member
**Not a Member
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.90%

Purchase Details

Closed on
Nov 27, 2012
Sold by
Cooper Phillip E
Bought by
Pnc Bank Na

Purchase Details

Closed on
Mar 24, 2005
Sold by
Cooper Susan D
Bought by
Cooper Phillip E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
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
Strader Michael W $224,000 --
Renaissance Construction Company Inc $60,000 None Available
Pnc Bank Na $34,000 None Available
Cooper Phillip E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strader Michael W $201,370
Previous Owner Cooper Phillip E $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/11/2018 01/11/18 Sold $60,000 -14.2% --
12/08/2017 12/08/17 Pending -- -- --
09/03/2017 09/03/17 For Sale $69,900 +91.5% --
06/06/2014 06/06/14 Sold $36,500 -35.9% -- View Prior Sale
04/30/2014 04/30/14 Pending -- -- --
07/20/2013 07/20/13 For Sale $56,900 -- --
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 $2,652 $488,200 $149,500 $338,700
2024 $2,134 $282,400 $89,100 $193,300
2023 $2,134 $282,400 $89,100 $193,300
2022 $2,035 $282,400 $89,100 $193,300
2021 $2,035 $282,400 $89,100 $193,300
2020 $2,035 $282,400 $89,100 $193,300
2019 $1,924 $221,200 $74,300 $146,900
2018 $0 $74,300 $74,300 $0
2017 $632 $74,300 $74,300 $0
2016 $603 $74,300 $74,300 $0
2014 $580 $74,300 $74,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 97668

Outer Banks Association of REALTORS®

APN: 005087000