NOT LISTED FOR SALE

Estimated Value: $911,000 - $1,392,952

0.64 Acre
$1,844,460 Price per Acre
28,009 Sq Ft Lot

Last Sold July 14, 2016

Last sale price $320,000

Est. 271% increase in value since last sale

Current estimated payment $7,062/month

198 Days on Market

About This Lot

As of July 2016

This exceptional oceanfront lot on the north end of Carova Beach is a must see. Enjoy the wild horses and remoteness of the 4x4 beaches! Incredible elevation and views are immediately obvious when stepping onto this 80ft wide oceanfront lot. It will surely not disappoint. This parcel will support a very large home if desired for rent or as a vacation home. All survey and soil work has been investigated already. Projections available. SELLER WILL FINANCE!

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 11/02/2015

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 11/02/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,436

Lot Details

  • Ocean Front
  • Unpaved Streets
  • Property is zoned RO2

Property Views

  • Ocean Views

Utilities

  • Private Water Source
  • Well
  • Private or Community Septic Tank

Community Details

  • Carova Beach Subdivision

Listing and Financial Details

  • Tax Block 3

Property Details

Property Type

Land

Est. Annual Taxes

$1,436

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: TO MP 23.5. Over ramp, first left on Sandfiddler. First vacant lot on left (2nd in from corner)
  • Flood Zone: Cobra, VE
  • Headline: Exceptional Oceanfront lot
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Oceanfront
  • Zoning: RO2
  • Deed Book Pg Number: 1292
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Private, Well
  • Electric: Available

Lot Info

  • Deed Book: 641
  • Unit/Lot Number: Lot# 3

Tax Info

  • Year: 2015
  • Taxes: 1435.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2015
Closed on
Jul 6, 2016
Sold by
D & W Financial Llc
Bought by
Turri Ralph and Johnson Richard S
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$350,000
Sold Price
$320,000
Premium/Discount to List
-$30,000
-8.57%
Current Estimated Value
$1,185,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$865,988
Avg. Annual Appreciation
16.35%
Original Mortgage
$100,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2014
Sold by
Smith Marc C and Smith Bonnie S
Bought by
D & W Financial 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
Turri Ralph $320,000 Attorney
D & W Financial Llc $505,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Richard S $510,400
Closed Johnson Richard S $550,000
Closed Turri Ralph $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2016 07/14/16 Sold $320,000 -8.6% --
05/18/2016 05/18/16 Pending -- -- --
11/02/2015 11/02/15 For Sale $350,000 -- --
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 $5,459 $785,700 $289,400 $496,300
2023 $5,459 $785,700 $289,400 $496,300
2022 $4,141 $785,700 $289,400 $496,300
2021 $4,052 $299,100 $299,100 $0
2020 $2,592 $299,100 $299,100 $0
2019 $1,466 $299,100 $299,100 $0
2018 $1,436 $299,100 $299,100 $0
2017 $1,436 $299,100 $299,100 $0
2016 $1,436 $299,100 $299,100 $0
2015 $1,436 $299,100 $299,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 90101

Outer Banks Association of REALTORS®

APN: 087A-003-0003-0001