NOT LISTED FOR SALE

Estimated Value: $141,244 - $377,000

0.92 Acre
$231,045 Price per Acre
40,075 Sq Ft Lot

Last Sold March 29, 2023

Last sale price $130,000

Est. 71% increase in value since last sale

Current estimated payment $1,308/month

44 Days on Market

About This Lot

As of March 2023

Beautiful semi-soundfront lot in private community of Albemarle Estates. Conveniently located, this property is just minutes from Kitty Hawk and Outer Banks beaches. This lot is .92 acres and sits on a private dead end road and in X flood zone. The community offers a soundfront lot common area just down the road from the property. Water tap is paid and in place.

Last Agent to Sell the Property

Johanna Tucker

OBX Surf Realty, LLC License #246978 Listed on: 01/14/2023

Last Buyer's Agent

Lee Whitley

Brindley Beach Vacations & Sales-Duck License #65452

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $420

Lot Details

  • Home fronts a sound
  • Property fronts a private road
  • Wooded Lot
  • Property is zoned SFM

HOA Fees

  • $33 Monthly HOA Fees

Utilities

  • Municipal Utilities District Water

Community Details

Overview

  • Albemarle Estates HOA
  • Albemarle Estate Subdivision

Amenities

  • Common Area

Property Details

Property Type

Land

Est. Annual Taxes

$420

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Turn on Edgewater next to Exxon station. Go left at the Yield sign then right on Catherine Dr which will turn into Cynthia Ct. Lot will be on your left.
  • Flood Zone: X
  • Headline: Semi-Soundfront Lot
  • L V T Date: 01/14/2023
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Soundfront
  • Zoning: SFM
  • Deed Book Pg Number: 268
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7816
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Water: Municipal
  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 400
  • Hoa Contact: Albemarle Estates HOA
  • HOA Contact: Albemarle Estates HOA

Lot Info

  • Lot Description: Wooded
  • Lot Size: .92
  • Deed Book: 1545
  • Unit/Lot Number: Lot 18

Tax Info

  • Year: 2022
  • Taxes: 419.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2023
Closed on
Mar 20, 2023
Sold by
Hill Finis E and Hill Danielle R
Bought by
Falconer Lucian K and Adams-Faiconer Jennifer
Seller's Agent
Johanna Tucker
OBX Surf Realty, LLC
Buyer's Agent
Lee Whitley
Brindley Beach Vacations & Sales-Duck
List Price
$160,000
Sold Price
$130,000
Premium/Discount to List
-$30,000
-18.75%
Views
33
Current Estimated Value
$222,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,411
Avg. Annual Appreciation
25.73%

Purchase Details

Listed on
Sep 7, 2017
Closed on
Aug 31, 2018
Sold by
Brinkley C Earl C and Brinkley Jane G
Bought by
Sharp William R and Sharp Grant H
Seller's Agent
Steven Gross
Twiddy and Company - Corolla
Buyer's Agent
Natalya Sharp
Keller Williams - Outer Banks
List Price
$99,500
Sold Price
$87,000
Premium/Discount to List
-$12,500
-12.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%
Original Mortgage
$69,600
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 24, 2005
Sold by
Wilko Development Llc
Bought by
Brinkley C Earl and Brinkley Jane G
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
Falconer Lucian K $780,000 --
Sharp William R $87,000 None Available
Brinkley C Earl -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sharp William R $69,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Sold $130,000 -13.3% --
02/27/2023 02/27/23 Pending -- -- --
02/24/2023 02/24/23 Price Changed $150,000 -6.3% --
01/14/2023 01/14/23 For Sale $160,000 +55.3% --
07/10/2020 07/10/20 Sold $103,000 -14.1% --
07/01/2020 07/01/20 Pending -- -- --
11/28/2019 11/28/19 For Sale $119,900 +37.8% --
08/31/2018 08/31/18 Sold $87,000 -8.3% --
05/13/2018 05/13/18 Pending -- -- --
03/29/2018 03/29/18 Price Changed $94,900 -4.6% --
09/07/2017 09/07/17 For Sale $99,500 -- --
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 $565 $91,200 $91,200 $0
2023 $565 $91,200 $91,200 $0
2022 $420 $91,200 $91,200 $0
2021 $420 $76,800 $76,800 $0
2020 $369 $76,800 $76,800 $0
2019 $369 $76,800 $76,800 $0
2018 $0 $76,800 $76,800 $0
2017 $369 $76,800 $76,800 $0
2016 $369 $76,800 $76,800 $0
2015 $369 $76,800 $76,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 121174

Outer Banks Association of REALTORS®

APN: 132J-000-0018-0001