NOT LISTED FOR SALE

Estimated Value: $671,904 - $789,000

0.48 Acre
$1,487,450 Price per Acre
20,909 Sq Ft Lot

Last Sold September 03, 2019

Last sale price $98,000

Est. 665% increase in value since last sale

Current estimated payment $4,266/month

75 Days on Market

Highlights

  • Views of a Sound
  • Boat Dock
  • Gated Community
  • First Flight Middle School Rated A-
  • Home fronts a sound
  • 0.48 Acre Lot

About This Lot

As of September 2019

Great Price of just $115,000 for this water view homesite! Water and Sunrise Views every day! Wide (approx 75') homesite, providing Water, Sound, and Salt Marsh views, in the quiet and quality family community of Watersedge. This gated community provides attractive surrounding homes, low / no thru traffic, community soundfront pool, boat ramp and boat marina with individual boat slips. This lot is a great setting for a new home, and would provide water and open space views from the rear of a future home, beautiful sunrises, and the rear / East decks and glass would be shaded from the afternoon sun. Great natural setting with common area, salt marsh and the sound to the rear of this homesite; no homes behind you, just natural setting. Hard to put a value on daily water views, but you'll have them here! Boat ramp, marina and pool are just 9 lots away. Several nice beach accesses are just a few minutes away across from the Wright Brothers Memorial. Quick access to and great location for First Flight School system. Build a new home to take advantage of all the new, improved, low maintenance building materials and to customize it to your own liking. No thru traffic, great neighbors, quiet community, water views, all very affordably. Stake your OBX claim today!

Last Agent to Sell the Property

Mark Massey

Outer Banks Realty Group License #188389 Listed on: 04/04/2019

Last Buyer's Agent

Dorothy Fuller

Village Realty Holdings, LLC - NH License #151870

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $810

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 73 x 272 x 84 x 262
  • Home fronts a sound
  • Property fronts a private road
  • Lot includes common area
  • Level Lot

HOA Fees

  • $56 Monthly HOA Fees

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Additional Features

  • Views of a Sound
  • Timber

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, walkways
  • Seaside Management Association, Phone Number (252) 261-1200
  • Waters Edge Kdh Subdivision

Recreation

  • Boat Dock
  • Community Pool

Additional Features

  • Common Area
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$810

Lot Details

0

HOA Fees

$56 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Down Colington Rd, past Salt Box Cafe take left in Watersedge Drive gated entrance, 4/5th of the way down the road on the left.
  • Flood Zone: AE
  • Subdivision Name: Watersedge
  • Headline: Water Views! Marina/Pool
  • L V T Date: 04/04/2019
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Section: B
  • Waterfront Location: Semi-Soundfront
  • Zoning: res
  • Timber: Light
  • Deed Book Pg Number: 228
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C25379
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 73
  • View: Sound, Salt Marsh

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Municipal
  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Boat Ramp, Boat Dock, Gated Community, Outdoor-Comm. Pool, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 670
  • Hoa Contact: Seaside Management
  • HOA Contact: 2522611200
  • Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Walkways

Lot Info

  • Estimated Lot Sq Ft: 21000
  • Lot Description: Adj to Park Serv./Preserv, Adj. To Common Area, Level
  • Lot Faces: E
  • Lot Size: 73 x 272 x 84 x 262
  • Estimated Lot Size: 0.48
  • Deed Book: 1461
  • Unit/Lot Number: Lot 78

Tax Info

  • Year: 2018
  • Taxes: 809.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2020
Sold by
Falzon Dorothy T
Bought by
Falzon Dorothy T and Whitener Travis A
Current Estimated Value
$749,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Interest Rate
4.5%
Mortgage Type
Construction
Source: Public Records
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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
Falzon Dorothy T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Falzon Dorothy T $327,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2019 09/03/19 Sold $98,000 -14.8% --
06/18/2019 06/18/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $115,000 -- --
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
2025 $3,498 $786,200 $248,100 $538,100
2024 $3,016 $466,800 $110,300 $356,500
2023 $2,952 $472,367 $110,300 $362,067
2022 $2,905 $466,800 $110,300 $356,500
2021 $1,000 $165,300 $110,300 $55,000
2020 $666 $110,300 $110,300 $0
2019 $810 $113,700 $113,700 $0
2018 $810 $113,700 $113,700 $0
2017 $810 $113,700 $113,700 $0
2016 $764 $113,700 $113,700 $0
2014 $741 $113,700 $113,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 104558

Outer Banks Association of REALTORS®

APN: 030735000