NOT LISTED FOR SALE

244 Tower Ln Kill Devil Hills, NC 27948

Colington Neighborhood

Estimated Value: $997,000 - $1,403,300

0.59 Acre
$2,117,486 Price per Acre
25,500 Sq Ft Lot

Last Sold December 17, 2013

Last sale price $163,750

Est. 657% increase in value since last sale

Current estimated payment $7,070/month

186 Days on Market

Highlights

  • Views of a Sound
  • Home fronts a sound
  • Wooded Lot
  • First Flight Middle School Rated A-
  • 25,500 Sq Ft lot
  • Timber

About This Lot

As of December 2013

Beautiful high wooded building site on Albemarle Sound. Sandy bottom for swimming. Incredible views in a very private, peaceful area. Short boating distance to Roanoke Island and Oregon Inlet. Excellent Speckled Trout, Flounder, and Red Drum fishing. Priced at 39% of 2012 Tax Assessment and less than half the price of any other soundfront lot currently listed for sale in Carlyle on the Sound.

Last Agent to Sell the Property

John Myers

Twiddy and Co. - Duck License #69112 Listed on: 06/13/2013

Last Buyer's Agent

Richard Tolson

RT Realty OBX, LLC License #119826

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,911

Lot Details

  • 0.59 Acre Lot
  • Home fronts a sound
  • Property fronts a private road
  • Irregular Lot
  • Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Additional Features

  • Views of a Sound
  • Timber
  • Private or Community Septic Tank

Community Details

  • Carlyle On The Sound Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,911

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: LOTS/LAND
  • Subdivision Name: Carlyle on the Sound
  • Headline: Lowest Priced SF Lot in subdiv
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: RES
  • Timber: Timbered
  • Deed Book Pg Number: 0439
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Sound

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 500

Lot Info

  • Estimated Lot Sq Ft: 25500
  • Lot Description: Irregular Terrain, Water Frontage, Wooded
  • Deed Book: 1907
  • Unit/Lot Number: Lot 17

Tax Info

  • Year: 2012
  • Taxes: 1911.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2013
Closed on
Dec 10, 2013
Sold by
Hodges Harold B and Hodges Brenda J
Bought by
Aydlett J Duncan and Aydlett Dana E
Seller's Agent
John Myers
Twiddy and Co. - Duck
Buyer's Agent
Richard Tolson
RT Realty OBX, LLC
List Price
$169,950
Sold Price
$163,750
Premium/Discount to List
-$6,200
-3.65%
Current Estimated Value
$1,239,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,075,825
Avg. Annual Appreciation
18.32%

Purchase Details

Listed on
Nov 19, 2012
Closed on
Jun 3, 2013
Sold by
Wells Fargo Bank Na
Bought by
Hodges Harold B
Seller's Agent
Pace Mimms
Default, Office
Buyer's Agent
* **Not a Member
**Not a Member
List Price
$169,900
Sold Price
$121,000
Premium/Discount to List
-$48,900
-28.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.93%

Purchase Details

Closed on
Sep 10, 2012
Sold by
Kiara Duncan M and Gurupira Gilbertas L
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 24, 2007
Sold by
Colleton Llc
Bought by
Kiara Duncan M and Gurupira Gilbertas L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.08%
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
Aydlett J Duncan $982,750 Lt
Hodges Harold B $12,100 None Available
Wells Fargo Bank Na $122,000 None Available
Kiara Duncan M $350,000 None Available
Colleton Llc $278,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kiara Duncan M $335,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2013 12/17/13 Sold $163,750 -3.6% --
12/16/2013 12/16/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $169,950 +40.5% --
06/09/2013 06/09/13 Sold $121,000 -28.8% -- View Prior Sale
05/08/2013 05/08/13 Pending -- -- --
11/19/2012 11/19/12 For Sale $169,900 -- --
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
2025 $6,401 $1,469,500 $461,700 $1,007,800
2024 $5,162 $825,900 $333,400 $492,500
2023 $5,162 $825,900 $333,400 $492,500
2022 $5,121 $832,667 $333,400 $499,267
2021 $5,038 $832,690 $333,400 $499,290
2020 $5,027 $832,900 $333,400 $499,500
2019 $5,587 $777,400 $241,100 $536,300
2018 $5,536 $777,400 $241,100 $536,300
2017 $5,446 $764,800 $241,100 $523,700
2016 $3,531 $525,300 $241,100 $284,200
2014 $1,572 $241,100 $241,100 $0
Source: Public Records

Agents Affiliated with this Home

  • John Myers

    Seller's Agent in 2013

    John Myers

    Twiddy and Co. - Duck

    (252) 256-2066

    19 in this area

    40 Total Sales

    John Myers
    Section Image

  • P

    Seller's Agent in 2013

    Pace Mimms

    Default, Office

  • Richard Tolson

    Buyer's Agent in 2013

    Richard Tolson

    RT Realty OBX, LLC

    (252) 202-9199

    2 in this area

    58 Total Sales

    Richard Tolson
    Section Image

  • *

    Buyer's Agent in 2013

    * **Not a Member

    **Not a Member

See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 79453

Outer Banks Association of REALTORS®

APN: 018762017

North Carolina Dare County Kill Devil Hills 27948 Colington

244 Tower Ln, Kill Devil Hills, NC

Not Listed for Sale

Lots

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