$280,000
SOLD APR 22, 2014
1.01 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

7% Below List Price

154 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Corner Lot

About This Lot

As of October 2020

Lowest priced Oceanfront lot on the Northern Outer Banks! Outstanding CORNER Oceanfront lot with 100ft ocean frontage in the highly sought after North Swan Beach subdivision. Buy with confidence, all the work has been done for you! Lot has been surveyed, septic permit has been issued, CAMA permit issued, lot has been filled, sandfenced, and stabilized. This is an excellent location for a second home or rental investment. Build packages and rental projections available.

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 10/24/2013

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 10/24/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,115

Lot Details

  • Beach Front
  • Corner Lot
  • Unpaved Streets

HOA Fees

  • $4 Monthly HOA Fees

Property Views

  • Ocean Views

Utilities

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

Community Details

  • North Swan Bch Subdivision

Listing and Financial Details

  • Tax Block 2

Property Details

Property Type

Land

Est. Annual Taxes

$1,115

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: North to MP 19.5. Lot on Corner.
  • Flood Zone: Cobra, VE
  • Headline: Oceanfront Corner 100ft!
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 508
  • 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

Lot Info

  • Lot Description: Beach Frontage, Corner, Water Frontage, Filled
  • Deed Book: 1264
  • Unit/Lot Number: Lot A

Tax Info

  • Year: 2013
  • Taxes: 1115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Oct 20, 2020
Sold by
Franson John S and Franson Tracy D
Bought by
Ainslie Michael G and Ainslie Cynthia S
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%
Current Estimated Value
$1,155,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,212
Avg. Annual Appreciation
10.23%
Original Mortgage
$580,000
Outstanding Balance
$521,971
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$629,644

Purchase Details

Listed on
Oct 24, 2013
Closed on
Apr 2, 2014
Sold by
Neely Ted K and Neely Linda G
Bought by
Franson John S
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.68%
Original Mortgage
$375,000
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 6, 2013
Closed on
Aug 21, 2013
Sold by
Indymac Venture Llc
Bought by
Neely Ii Ted K
Seller's Agent
John Dean
Default, Office
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$221,900
Sold Price
$191,250
Premium/Discount to List
-$30,650
-13.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.76%

Purchase Details

Closed on
Feb 14, 2013
Sold by
Blakely Steven D and Blakely Brian
Bought by
Indymac Venture Llc

Purchase Details

Closed on
Nov 9, 2006
Sold by
Blakely Brian
Bought by
Blakely Steven Edward
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 $725,000 None Available
Warranty Deed $280,000 None Available
Special Warranty Deed $191,500 None Available
Trustee Deed $193,500 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $580,000 New Conventional
Previous Owner $375,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $725,000 -3.3% $384 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $750,000 +167.9% $397 / Sq Ft
04/22/2014 04/22/14 Sold $280,000 -6.6% --
03/27/2014 03/27/14 Pending -- -- --
10/24/2013 10/24/13 For Sale $299,900 +56.8% --
08/28/2013 08/28/13 Sold $191,250 -13.8% --
07/30/2013 07/30/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $221,900 -- --
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
2024 $5,006 $744,200 $304,900 $439,300
2023 $5,006 $736,100 $304,900 $431,200
2022 $3,724 $736,100 $304,900 $431,200
2021 $3,615 $522,800 $229,900 $292,900
2020 $2,659 $522,800 $229,900 $292,900
2019 $2,659 $522,800 $229,900 $292,900
2018 $0 $522,800 $229,900 $292,900
2017 $2,623 $522,800 $229,900 $292,900
2016 $2,623 $522,800 $229,900 $292,900
2015 -- $229,900 $229,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 81087

Outer Banks Association of REALTORS®

APN: 099A-002-000A-0003