NOT LISTED FOR SALE

Estimated Value: $978,000 - $1,613,860

0.72 Acre
$1,870,090 Price per Acre
31,363 Sq Ft Lot

Last Sold February 22, 2021

Last sale price $295,000

Est. 359% increase in value since last sale

Current estimated payment $7,942/month

51 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • 0.72 Acre Lot

About This Lot

As of February 2021

Escape the Pavement and check out the views from this Oceanfront Lot in Carova Beach. this lot offers a high dune and good terrain for your future beach house. Plus the most of the lot is in the shaded X flood zone! Why spend so much for a used oceanfront house, when you can buy this and build what you want brand new for about the same money. Enjoy watching the dolphins swimming in the ocean and the Corolla Wild Horses walking through the sand.

Last Agent to Sell the Property

Jean-Paul Peron

EXP Realty, LLC - Coastal License #261870 Listed on: 11/23/2020

EXP Realty, LLC - Coastal

Last Buyer's Agent

Jean-Paul Peron

EXP Realty, LLC - Coastal License #261870 Listed on: 11/23/2020

EXP Realty, LLC - Coastal

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,490

Lot Details

  • 0.72 Acre Lot
  • Beach Front
  • 80 Feet of Waterfront
  • Unpaved Streets
  • Cleared Lot
  • Property is zoned RO2

Property Views

  • Ocean Views

Community Details

  • Carova Beach Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,490

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: North up the beach just past MP20.
  • Flood Zone: Cobra, VE, X
  • Subdivision Name: Carova Beach
  • Headline: OCEANFRONT!
  • L V T Date: 11/23/2020
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 9
  • Waterfront Location: Oceanfront
  • Zoning: RO2
  • Deed Book Pg Number: 186
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: No
  • Office License Number: C23379
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 82
  • View: Ocean
  • Water Frontage: 80

Lot Info

  • Estimated Lot Sq Ft: 31185
  • Lot Description: Beach Frontage, Cleared
  • Estimated Lot Size: 0.72
  • Deed Book: 1174
  • Unit/Lot Number: Lot 62

Tax Info

  • Year: 2020
  • Taxes: 1490.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2023
Sold by
Erbach John M and Erbach Tiffany M
Bought by
Salty Shenanigans Llc
Current Estimated Value
$1,353,924

Purchase Details

Listed on
Nov 23, 2020
Closed on
Feb 5, 2021
Sold by
Bresticker Michael Andrew and Culbertson Sandra
Bought by
Erbach John M and Erbach Tiffany M
Seller's Agent
Jean-Paul Peron
EXP Realty, LLC - Coastal
Buyer's Agent
Jean-Paul Peron
EXP Realty, LLC - Coastal
List Price
$305,000
Sold Price
$295,000
Premium/Discount to List
-$10,000
-3.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.34%
Original Mortgage
$221,250
Interest Rate
2.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2011
Sold by
Kiger F Gray and Kiger Diane S
Bought by
Bresticker Michael Andrew and Culbertson Sandra
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
Salty Shenanigans Llc -- --
Erbach John M $295,000 None Available
Bresticker Michael Andrew $260,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Erbach Tiffany Michelle $947,250
Previous Owner Erbach John M $922,118
Previous Owner Erbach John M $221,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $295,000 -3.3% --
01/13/2021 01/13/21 Pending -- -- --
11/23/2020 11/23/20 For Sale $305,000 -- --
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 $6,345 $951,400 $294,300 $657,100
2023 $6,345 $951,400 $294,300 $657,100
2022 $2,000 $951,400 $294,300 $657,100
2021 $1,383 $304,100 $304,100 $0
2020 $1,490 $304,100 $304,100 $0
2019 $1,490 $304,100 $304,100 $0
2018 $1,460 $304,100 $304,100 $0
2017 $1,460 $304,100 $304,100 $0
2016 $1,460 $304,100 $304,100 $0
2015 $1,460 $304,100 $304,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111969

Outer Banks Association of REALTORS®

APN: 087A-000-0062-0009