NOT LISTED FOR SALE

163 Otway Farm Rd Beaufort, NC 28516

Estimated Value: $85,000 - $224,000

2 Beds
1 Bath
1,100 Sq Ft
$122/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $70,000 $64 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $756/month

32 Days on Market

Highlights

  • No HOA
  • Combination Dining and Living Room
  • 1-Story Property
  • Porch

About This Home

As of January 2023

What a lovely country setting this Otway North Carolina ''Handyman Special'' has! This 2 bedroom 1 bath home sits on a spacious .0605 acre lot. With all the charm and character of its years, it is ready to be restored back to its former glory. An expansive front porch welcomes you to the home. A new roof was installed within the last few years. This quaint home has so much potential. Please note this is a Fixer Upper, offered ''as is'' cash only. Please Include the following in all offers: BUYER ACCEPTS PROPERTY IN ''AS IS' CONDITION.

Last Agent to Sell the Property

April Pike

April Pike Real Estate License #263720 Listed on: 12/09/2022

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $520

Year Built

  • Built in 1941

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 139.83 x 176.50 x 165.20 x 177.80

Parking

  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Stick Built Home

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Crawl Space
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • Harkers Island Elementary School
  • Down East Middle School
  • East Carteret High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Oil Above Ground
  • Well
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 733803402036000

Home Details

Home Type

Single Family

Est. Annual Taxes

$520

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: None
  • List Price per Sq Ft: 90.00
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Sq Ft Heated: 1100.00
  • Total Heated Primary Separate Sq Ft: 1100.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Asbestos
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Cooling System: Wall/Window Unit(s)
  • Fuel Tank: Oil Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: None
  • Utilities: Septic On Site, Well Water
  • HeatingSystemFuelSource: None

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Condo/Co-op/Association

  • Unit Type: 2 Bedroom

Lot Info

  • Deed Book: 1024
  • Deed Page: 372.00
  • Lot Acres: 0.61
  • Lot Dimensions: 139.83 x 176.50 x 165.20 x 177.80
  • Lot Sq Ft: 1100.00
  • Special Assessments: None Known
  • Zoning: Residential

Tax Info

  • Tax Identifier: 733803402036000
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 520.33

MLS Schools

  • Elementary School: Harkers Island
  • High School: East Carteret
  • Middle School: Down East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2022
Closed on
Jan 24, 2023
Sold by
Squires Deborah Dian
Bought by
Cochran Michael and Cochran Katie
Seller's Agent
April Pike
April Pike Real Estate
Buyer's Agent
A Non Member
A Non Member
List Price
$99,000
Sold Price
$70,000
Premium/Discount to List
-$29,000
-29.29%
Views
272
Current Estimated Value
$134,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,294
Avg. Annual Appreciation
28.23%
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
Cochran Michael $70,000 --
Cochran Michael $70,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $70,000 -29.3% $64 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
12/09/2022 12/09/22 For Sale $99,000 -- $90 / Sq Ft
Source: Hive MLS

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 $474 $69,668 $27,416 $42,252
2023 $548 $69,668 $27,416 $42,252
2022 $520 $69,668 $27,416 $42,252
2021 $506 $69,668 $27,416 $42,252
2020 $514 $69,668 $27,416 $42,252
2019 $568 $84,360 $33,995 $50,365
2017 $564 $84,360 $33,995 $50,365
2016 $555 $84,360 $33,995 $50,365
2015 $526 $84,360 $33,995 $50,365
2014 $494 $78,535 $39,067 $39,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100361161

Hive MLS

APN: 7338.03.40.2036000