NOT LISTED FOR SALE

Estimated Value: $388,000 - $552,000

0.64 Acre
$734,947 Price per Acre
28,009 Sq Ft Lot

Last Sold August 04, 2022

Last sale price $419,000

Est. 13% increase in value since last sale

Current estimated payment $2,729/month

70 Days on Market

About This Lot

As of August 2022

This is an UNREAL oceanfront lot. Almost entire buildable envelope in the x flood zone and an unbelievable amount of sand and elevation. Great ocean views just standing on the lot! This would be a perfect HUGE-VIEW site to maximize a rental home return or use as a personal home and have views from every level of your future beach house. Located on the secluded North end, this is an absolute gem. This type of oceanfront doesn't come around very often.

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 04/08/2022

Co-Listed By

Emily Morris

Twiddy and Company - Wash Woods License #304377

Last Buyer's Agent

Len Cusato

Keller Williams - Outer Banks License #284979

Keller Williams - Outer Banks

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,360

Lot Details

  • Ocean Front
  • Unpaved Streets

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 2

Property Details

Property Type

Land

Est. Annual Taxes

$1,360

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: Cobra, VE, X
  • Headline: Incredible height, X flood
  • L V T Date: 04/08/2022
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 441
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • 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: 258
  • Unit/Lot Number: Lot #10

Tax Info

  • Year: 2021
  • Taxes: 1360.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Jul 19, 2022
Sold by
Patrick Mahat V and Patrick Jean V
Bought by
Singh Neil V and Singh Diana
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Len Cusato
Keller Williams - Outer Banks
List Price
$419,900
Sold Price
$419,000
Premium/Discount to List
-$900
-0.21%
Current Estimated Value
$472,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,571
Avg. Annual Appreciation
2.21%
Original Mortgage
$314,025
Outstanding Balance
$303,679
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$144,270

Purchase Details

Closed on
May 2, 1989
Bought by
Mahat Mahat and Mahat Jean
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
Singh Neil V $2,095,000 Brumsey & Brumsey Pllc
Mahat Mahat $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Neil V $314,025
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2022 08/04/22 Sold $419,000 -0.2% --
06/17/2022 06/17/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $419,900 -- --
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 $1,852 $289,400 $289,400 $0
2023 $1,852 $289,400 $289,400 $0
2022 $1,389 $289,400 $289,400 $0
2021 $1,360 $299,100 $299,100 $0
2020 $1,466 $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: 118381

Outer Banks Association of REALTORS®

APN: 087A-002-0010-0001