$127,000
SOLD DEC 21, 2015
0.34 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

6% Below List Price

33 Days on Market

About This Lot

As of July 2017

Come look at this superior semi-oceanfront lot in North Swan Beach. With Ocean views just standing on the lot, imagine the views from a future beach house! 20 ft easements on both the west and the South side of the lot for extra space. There is also a 'platted' pedestrian easement to the beach across the street for easy access and the lot is just a few from the corner. Come build your perfect beach home and enjoy sweeping ocean views. Some elevations at 20 feet above sea level. Property has recent Topo survey and soil test performed so all the homework has been done for you. Seller will finance!

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 10/28/2015

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 10/28/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $575

Lot Details

  • Ocean Front
  • Unpaved Streets
  • Property is zoned RO2

HOA Fees

  • $4 Monthly HOA Fees

Property Views

  • Ocean Views

Utilities

  • Private Water Source
  • Well
  • Private or Community Septic Tank

Community Details

  • Association fees include road maintenance
  • Carova Beach Subdivision

Listing and Financial Details

  • Tax Block 5

Property Details

Property Type

Land

Est. Annual Taxes

$575

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: Cobra, VE
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RO2
  • Deed Book Pg Number: 1292
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 50
  • Fee Includes: Road Maintenance

Lot Info

  • Deed Book: 641
  • Unit/Lot Number: Lot D

Tax Info

  • Year: 2015
  • Taxes: 574.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2017
Closed on
Jun 26, 2017
Sold by
Schmidt Investments Llc
Bought by
Bove Kevin J and Bove Stacey L
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$133,000
Sold Price
$133,000
Current Estimated Value
$214,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,413
Avg. Annual Appreciation
6.02%
Original Mortgage
$99,750
Outstanding Balance
$54,152
Interest Rate
3.19%
Mortgage Type
Commercial
Estimated Equity
$158,990

Purchase Details

Listed on
Oct 28, 2015
Closed on
Dec 8, 2015
Sold by
D & W Financial Llc
Bought by
Schmidt Investments Llc
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$135,000
Sold Price
$127,000
Premium/Discount to List
-$8,000
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%
Original Mortgage
$95,250
Interest Rate
3.91%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 5, 2014
Sold by
Smith Marc C and Smith Bonnie S
Bought by
D & W Financial Llc
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 Type Sale Price Title Company
Warranty Deed $133,000 Attorney
Warranty Deed $127,000 Attorney
Warranty Deed $505,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $99,750 Commercial
Previous Owner $95,250 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2017 07/06/17 Sold $133,000 0.0% --
06/13/2017 06/13/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $133,000 +4.7% --
12/21/2015 12/21/15 Sold $127,000 -5.9% --
11/30/2015 11/30/15 Pending -- -- --
10/28/2015 10/28/15 For Sale $135,000 -- --
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 $744 $120,000 $120,000 $0
2023 $672 $120,000 $120,000 $0
2022 $552 $120,000 $120,000 $0
2021 $552 $119,700 $119,700 $0
2020 $575 $119,700 $119,700 $0
2019 $575 $119,700 $119,700 $0
2018 $0 $119,700 $119,700 $0
2017 $575 $119,700 $119,700 $0
2016 $575 $119,700 $119,700 $0
2015 $575 $119,700 $119,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 90058

Outer Banks Association of REALTORS®

APN: 099A-005-000D-0003