NOT LISTED FOR SALE

Estimated Value: $281,717

0.37 Acre
$761,397 Price per Acre
16,117 Sq Ft Lot

Last Sold September 19, 2023

Last sale price $269,000

Est. 5% increase in value since last sale

Current estimated payment $1,640/month

2 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Views of a Sound
  • Gated Community
  • First Flight Middle School Rated A-
  • Boat Dock
  • Community Pool

About This Lot

As of September 2023

Waters Edge is located on Little Colington Island in Kill Devil Hills, North Carolina. The community has 80 homesites, a swimming pool and a marina with a boat slip for each owner. All property owners are members of the Waters Edge Property Owners Association. The Association is managed by a Board of Directors elected each year at the annual membership meeting. This particular lot is located towards the back of the development in a lush setting on the sound front. This lot is located almost at the end of the road near the community pool, marina and boat ramp. Add your own personal dock/gazebo in your back yard if you like. Just a couple miles from the ocean front and the iconic landmark of The Wright Brothers Memorial. This lot is secluded and peaceful. The development has a simple property plan that gives a great neighborhood feeling for the second home or primary home. Drive by any time and see for yourself.

Last Agent to Sell the Property

Greg Green

Village Realty Holdings, LLC - NH License #208451 Listed on: 08/03/2023

Last Buyer's Agent

Cathy Turner

Village Realty Holdings, LLC - NH License #187958

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,239

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 75x252x80x222
  • 80 Feet of Waterfront
  • Home fronts a sound
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot

HOA Fees

  • $63 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 management, pool, road maintenance
  • Seaside Mngmt Ph 252 261 1200 Association
  • Waters Edge Kdh Subdivision

Recreation

  • Boat Dock
  • Community Pool

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,239

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Head west on Colington Rd. Just after The Salt Box Cafe and Beach Painting Contractors look for the Watersedge sign on your left in the middle of the sharp turn to your right. Turn left and go through the entrance. The lot will be on your left about 2/3 of the way down the road just before the end where the pool and docks are. There is no sign on the lot per request of the sellers so use the address numbers.
  • Flood Zone: AE
  • Subdivision Name: WATERSEDGE SUB SEC B
  • Headline: 16000 Sq feet on the Sound
  • L V T Date: 08/03/2023
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Section: B
  • Waterfront Location: Soundfront
  • Zoning: R-1
  • Timber: Light
  • Deed Book Pg Number: 0217
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26996
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 75
  • View: Sound, Salt Marsh
  • Water Frontage: 80

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
  • Association Fee: Yes
  • Estimated Annual Fee: 760
  • Hoa Contact: Seaside Mngmt ph 252-261-1200
  • HOA Contact: Hennie Peppler
  • Fee Includes: Management, Pool, Road Maintenance

Lot Info

  • Estimated Lot Sq Ft: 16000
  • Lot Description: Cul-de-sac, Level, Water Frontage, Cleared
  • Lot Faces: W
  • Lot Size: 75x252x80x222
  • Estimated Lot Size: 0.37
  • Deed Book: 2176
  • Unit/Lot Number: Lot 75

Tax Info

  • Year: 2023
  • Taxes: 1239

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2024
Sold by
Overy Richard Dt and Overy Lara S
Bought by
Abruzzino Elizabeth
Current Estimated Value
$281,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$65,780
Interest Rate
6.94%
Mortgage Type
Seller Take Back
Estimated Equity
$215,937

Purchase Details

Listed on
Aug 3, 2023
Closed on
Sep 19, 2023
Sold by
West Scott F and West Nancy S
Bought by
Overy Richard D T and Overy Lara S
Seller's Agent
Greg Green
Village Realty Holdings, LLC - NH
Buyer's Agent
Cathy Turner
Village Realty Holdings, LLC - NH
List Price
$269,000
Sold Price
$269,000
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.02%
Original Mortgage
$169,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2017
Closed on
Jun 20, 2017
Sold by
Schueler Warren R and Schueler Linda
Bought by
West Scott F and West Nancy S
Seller's Agent
Linda Harper
Howard Hanna Outer Banks Realty
Buyer's Agent
Dawn Marie Butcher
Coldwell Banker Seaside Realty KH
List Price
$189,000
Sold Price
$168,500
Premium/Discount to List
-$20,500
-10.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
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
Abruzzino Elizabeth $285,000 None Listed On Document
Abruzzino Elizabeth $285,000 None Listed On Document
Overy Richard D T $1,614,000 None Listed On Document
West Scott F $168,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abruzzino Elizabeth $250,000
Closed Abruzzino Elizabeth $250,000
Previous Owner Overy Richard D T $169,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2023 09/19/23 Sold $269,000 0.0% --
08/05/2023 08/05/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $269,000 +59.6% --
06/20/2017 06/20/17 Sold $168,500 -10.8% -- View Prior Sale
03/29/2017 03/29/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $189,000 -- --
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 $1,245 $285,900 $285,900 $0
2024 $1,239 $198,300 $198,300 $0
2023 $1,239 $198,300 $198,300 $0
2022 $1,220 $198,300 $198,300 $0
2021 $1,200 $198,300 $198,300 $0
2020 $1,197 $198,300 $198,300 $0
2019 $1,202 $168,800 $168,800 $0
2018 $1,202 $168,800 $168,800 $0
2017 $1,202 $168,800 $168,800 $0
2016 $1,135 $168,800 $168,800 $0
2014 $1,101 $168,800 $168,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 123004

Outer Banks Association of REALTORS®

APN: 030732000