NOT LISTED FOR SALE

224 Tower Ln Atlantic, NC 27948

Colington Neighborhood

Estimated Value: $395,186

0.6 Acre
$658,643 Price per Acre
26,136 Sq Ft Lot

Last Sold January 26, 2021

Last sale price $259,000

Est. 53% increase in value since last sale

Current estimated payment $2,244/month

13 Days on Market

Highlights

  • 111 Feet of Waterfront
  • Views of a Sound
  • Timber
  • First Flight Middle School Rated A-
  • 0.6 Acre Lot

About This Lot

As of January 2021

This is a beauty. The 2nd largest homesite in the community with the most water front at 111 feet of sandy beach. Elevated ridge on the site will put your home in X flood zone, marshlands will create a natural privacy buffer. Southwest sunset views over the water. Waterfront community consisting of 73 homesites with high elevations a sandy beach and unobstructed expansive views of Albemarle Sound. Every home in this community is beautiful. Private & wooded lots, yet close to schools, dining, shopping, and Outer Banks activities. Over 45 percent of the community will be left as a nature reserve, permanently conveyed. Take this opportunity to be an owner for an investment, a year round residence or a second home. Protective covenants will require architectural approval on all custom homes.

Last Agent to Sell the Property

Cooper Hawk

Outer Banks Realty Group License #229028 Listed on: 10/09/2020

Co-Listed By

Jenny Hawk

Outer Banks Realty Group License #320655

Last Buyer's Agent

Jeff Kluger

Coldwell Banker Seaside Realty KH License #275932

Coldwell Banker Seaside Realty KH

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,188

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 122x252x111x210
  • 111 Feet of Waterfront
  • Home fronts a sound
  • Property fronts a private road
  • Irregular Lot

HOA Fees

  • $42 Monthly HOA Fees

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Additional Features

  • Views of a Sound
  • Timber

Community Details

  • Association fees include grounds maintenance, road maintenance
  • Carlysle On The Sound Association
  • Carlyle On The Sound Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,188

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: AE, X
  • Headline: 111' white sand sound-frontage
  • L V T Date: 10/10/2020
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Timber: Heavy
  • Deed Book Pg Number: 0712
  • 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: 122
  • View: Sound
  • Water Frontage: 111

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 500
  • Hoa Contact: Carlysle on the Sound
  • HOA Contact: Arthur Tom Bramble
  • Fee Includes: Grounds Maintenance, Road Maintenance

Lot Info

  • Estimated Lot Sq Ft: 26000
  • Lot Description: Irregular Terrain
  • Lot Faces: SW
  • Lot Size: 122x252x111x210
  • Estimated Lot Size: 0.60
  • Deed Book: 2084
  • Unit/Lot Number: Lot 22

Tax Info

  • Year: 2020
  • Taxes: 1187.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Jan 29, 2021
Sold by
Kleppe Donald Dean and Kleppe Donald Dean
Bought by
Cale Bradley E
Seller's Agent
Cooper Hawk
Outer Banks Realty Group
Buyer's Agent
Jeff Kluger
Coldwell Banker Seaside Realty KH
List Price
$259,000
Sold Price
$259,000
Current Estimated Value
$395,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,186
Avg. Annual Appreciation
8.97%

Purchase Details

Closed on
Feb 22, 2016
Sold by
Kleppe Donald Dean and Kleppe Teresa Ann
Bought by
Donald Dean Kleppe Revocable Living Trus

Purchase Details

Closed on
Jan 24, 2007
Sold by
Colleton Llc
Bought by
Kleppe Donald Dean and Kleppe Teresa Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cale Bradley E $259,000 None Available
Donald Dean Kleppe Revocable Living Trus -- None Available
Kleppe Donald Dean $350,000 None Available
Colleton Llc $278,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kleppe Donald Dean $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2021 01/26/21 Sold $259,000 0.0% --
10/22/2020 10/22/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $259,000 -- --
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 $1,583 $363,300 $363,300 $0
2024 $1,230 $196,800 $196,800 $0
2023 $1,230 $196,800 $196,800 $0
2022 $1,210 $196,800 $196,800 $0
2021 $1,191 $196,800 $196,800 $0
2020 $1,188 $196,800 $196,800 $0
2019 $1,772 $248,800 $248,800 $0
2018 $1,772 $248,800 $248,800 $0
2017 $1,772 $248,800 $248,800 $0
2016 $1,672 $248,800 $248,800 $0
2014 $1,622 $248,800 $248,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Cooper Hawk

    Seller's Agent in 2021

    Cooper Hawk

    Outer Banks Realty Group

    (252) 202-4019

    13 in this area

    38 Total Sales

    Cooper Hawk
    Section Image
  • Jenny Hawk

    Seller Co-Listing Agent in 2021

    Jenny Hawk

    Outer Banks Realty Group

    (252) 256-1314

    13 in this area

    68 Total Sales

    Jenny Hawk
    Section Image
  • Jeff Kluger

    Buyer's Agent in 2021

    Jeff Kluger

    Coldwell Banker Seaside Realty KH

    (252) 903-1738

    11 in this area

    50 Total Sales

    Jeff Kluger
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111419

Outer Banks Association of REALTORS®

APN: 018762022

North Carolina Dare County Atlantic 27948 Colington

224 Tower Ln, Atlantic, NC

Not Listed for Sale

Lots

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