NOT LISTED FOR SALE

2223 S Croatan Hwy Nags Head, NC 27959

Estimated Value: $473,221

0.48 Acre
$985,877 Price per Acre
20,909 Sq Ft Lot

Last Sold March 05, 2020

Last sale price $250,000

Est. 89% increase in value since last sale

Current estimated payment $2,645/month

390 Days on Market

About This Lot

As of March 2020

EXCEPTIONAL LOCATION FOR THIS VACANT LOT. REDUCED to sell. This lot can have full stop light access by modification of the current light. Approval letter on file from NC DOT, which would put a business at a central business location with excellent visibility and access. Also the lot is bounded on the East side by S Wrightsville Ave., giving dual access to the property.

Last Agent to Sell the Property

Bobby Harrell

Harrell & Associates License #77804 Listed on: 11/14/2018

Co-Listed By

Tess Harrell

Harrell & Associates License #277230

Last Buyer's Agent

John Register

Village Realty Holdings, LLC - NH License #205384

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,276

Lot Details

  • 0.48 Acre Lot
  • Level Lot
  • Property is zoned C2

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$1,276

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: Adjacent to NY Pizza, across from TW's Nags Head
  • Flood Zone: AE
  • Headline: COMM LOT, STOP LIGHT POTENTIAL
  • L V T Date: 11/16/2018
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Zoning: C2
  • Deed Book Pg Number: 0152
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C10129
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 100

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 21000
  • Lot Description: Level
  • Lot Faces: W
  • Estimated Lot Size: 0.48
  • Deed Book: 2192

Tax Info

  • Year: 2018
  • Taxes: 1275.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2025
Sold by
Cornerstone Properties Obx Llc
Bought by
Point Breaks Properties Llc
Current Estimated Value
$473,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$425,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$48,221

Purchase Details

Listed on
Nov 14, 2018
Closed on
Mar 4, 2020
Sold by
Owens R V R and Owens Julie T
Bought by
Cornerstone Properties Obx Llc
Seller's Agent
Bobby Harrell
Harrell & Associates
Buyer's Agent
John Register
Village Realty Holdings, LLC - NH
List Price
$298,500
Sold Price
$250,000
Premium/Discount to List
-$48,500
-16.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%
Original Mortgage
$200,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 31, 2017
Closed on
Sep 13, 2017
Sold by
The Dr Antonio J Ruiz Real Estate Llc
Bought by
Owens Robert V and Owens Julie T
Seller's Agent
Daphne Degabrielle
Outer Banks Realty Group
Buyer's Agent
Daphne Degabrielle
Outer Banks Realty Group
List Price
$325,000
Sold Price
$250,000
Premium/Discount to List
-$75,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Jun 7, 2011
Sold by
Cutters Inc
Bought by
The Dr Antonio J Ruiz Real Estate Llc and The Dr David L Carter Real Estate Llc

Purchase Details

Closed on
Oct 25, 2005
Sold by
Ginsu Brothers Llc
Bought by
Cutters Inc 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 Buyer Sale Price Title Company
Point Breaks Properties Llc $425,000 None Listed On Document
Cornerstone Properties Obx Llc $250,000 None Available
Owens Robert V $270,000 None Available
The Dr Antonio J Ruiz Real Estate Llc $320,000 None Available
Cutters Inc Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Point Breaks Properties Llc $425,000
Previous Owner Cornerstone Properties Obx Llc $82,500
Previous Owner Cornerstone Properties Obx Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2020 03/05/20 Sold $250,000 -16.2% --
12/09/2019 12/09/19 Pending -- -- --
11/07/2019 11/07/19 For Sale $298,500 +19.4% --
11/07/2019 11/07/19 Off Market $250,000 -- --
08/22/2019 08/22/19 Price Changed $298,500 -3.6% --
07/26/2019 07/26/19 Price Changed $309,500 -3.1% --
05/09/2019 05/09/19 For Sale $319,500 0.0% --
05/09/2019 05/09/19 Price Changed $319,500 +27.8% --
05/07/2019 05/07/19 Off Market $250,000 -- --
11/14/2018 11/14/18 For Sale $329,500 +31.8% --
09/15/2017 09/15/17 Sold $250,000 -15.3% --
08/18/2017 08/18/17 Pending -- -- --
08/09/2017 08/09/17 Price Changed $295,000 -9.2% --
03/31/2017 03/31/17 For Sale $325,000 -- --
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 $1,030 $307,500 $307,500 $0
2023 $1,030 $307,500 $307,500 $0
2022 $1,232 $307,500 $307,500 $0
2021 $899 $307,500 $307,500 $0
2020 $1,232 $307,500 $307,500 $0
2019 $1,276 $271,400 $271,400 $0
2018 $833 $271,400 $271,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 102718

Outer Banks Association of REALTORS®

APN: 005641002