NOT LISTED FOR SALE

161 Back Rd Ocracoke, NC 27960

Estimated Value: $350,000 - $573,000

-- Bed
0.5 Bath
1,262 Sq Ft
$341/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $250,000 $198 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,505/month

22 Days on Market

About This Home

As of May 2021

This property has housed many a local business over the years. The floor plan has allowed for a multi use configuration as well. The property was impacted by hurricane Dorian and been remediated however it has not been "finished" allowing for a buyer to configure the building to it's own needs. There is a 2 bedroom septic system and a 3 bdrm 2 bth water impact. The structure could easily accommodate living quarters and retail space or one or the other. The location is well suited to both nestled amongst businesses and residences. A great entry price point in a very hot market

Last Agent to Sell the Property

Daphne Bennink

Ocracoke's Lightship Realty License #120559 Listed on: 03/15/2021

Last Buyer's Agent

* **Not a Member

**Not a Member License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,488

Year Built

  • Built in 1985

Lot Details

  • 7,102 Sq Ft Lot
  • Lot Dimensions are 56 x 138 x 50 x121

Home Design

  • 1,262 Sq Ft Home

Bedrooms and Bathrooms

  • 0.5 Bathroom

Community Details

  • Wahab Village Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / B

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,488

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Directions: traveling south on hwy 12 from north side of island, right on Back Rd, property is on left just after Blackbeard's Lodge
  • Heated Sq Ft: 1262
  • L V T Date: 03/16/2021
  • Sale/Rent: For Sale
  • Unheated Lvarsf: 682
  • Deed Book Pg Number: 510
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C16705
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Partial Bathrooms: 1

Exterior Features

  • Street Frontage: 56

Lot Info

  • Estimated Lot Sq Ft: 7102
  • Lot Faces: E
  • Lot Size: 56 X 138 X 50 X121
  • Lot Number: Lot 16
  • Estimated Lot Size: 0.16
  • Deed Book: 114

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2021
  • Taxes: 1488.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
Apr 23, 2021
Sold by
Sylvester Anthony B
Bought by
Zeiders Christopher and Zeiders Cherise
Seller's Agent
Daphne Bennink
Ocracoke's Lightship Realty
Buyer's Agent
* **Not a Member
**Not a Member
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Current Estimated Value
$430,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,569
Avg. Annual Appreciation
12.46%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zeiders Christopher $250,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2021 05/12/21 Sold $250,000 -9.1% $198 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $275,000 -- $218 / 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 $2,986 $317,673 $162,000 $155,673
2023 $2,720 $266,328 $127,500 $138,828
2022 $1,724 $188,431 $127,500 $60,931
2021 $1,536 $188,431 $127,500 $60,931
2020 $1,489 $188,431 $127,500 $60,931
2019 $1,489 $188,431 $127,500 $60,931
2018 $1,470 $188,431 $127,500 $60,931
2017 $1,777 $273,380 $221,000 $52,380
2016 $1,777 $273,380 $221,000 $52,380
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 113369

Outer Banks Association of REALTORS®

APN: 9500399265