NOT LISTED FOR SALE

25 Lighthouse Rd Ocracoke, NC 27960

Ocracoke Area

Estimated Value: $1,488,040

0.64 Acre
$2,310,621 Price per Acre
28,053 Sq Ft Lot

Sale Details

Date Sold: May 7, 2018

Last sale price $795,000

Est. 87% increase in value since last sale

Current estimated payment $9,667 / mo

5 Days on Market

About This Lot

As of May 2018

This one of a kind opportunity is a developers dream! Four lots on Ocracoke Island (see parcel map below) previously operated as the historic Island Inn, which is currently in disrepair. Prime corner location on Irvin Garrish Road and Lighthouse Road. The four lots consist of approximately 74,000+ Square Feet (1.7 Acres) and is competitively priced under the current tax value

Last Agent to Sell the Property

Bobby Harrell

Harrell & Associates License #77804 Listed on: 12/05/2017

Co-Listed By

Kimberly Milby

Coastal Cottages, LLC License #225870

Last Buyer's Agent

Bobby Harrell

Harrell & Associates License #77804 Listed on: 12/05/2017

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,493

Lot Details

  • Corner Lot
  • Level Lot
  • Property is zoned Mixec

Additional Features

  • Harbor Views
  • Municipal Utilities District Sewer

Property Details

Property Type

Land

Est. Annual Taxes

$8,493

Listing Details

  • Class: LOTS/LAND
  • Headline: 4 LOTS - ISLAND INN
  • L V T Date: 12/07/2017
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Zoning: Mixec
  • Deed Book Pg Number: 337
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C10129
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Harbor

Utilities

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

Lot Info

  • Lot Description: Corner, Easement(s), Level
  • Deed Book: 245

Tax Info

  • Year: 2017
  • Taxes: 8493

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2017
Closed on
May 3, 2018
Sold by
Bought by
Seller's Agent
Bobby Harrell
Harrell & Associates
Buyer's Agent
Bobby Harrell
Harrell & Associates
List Price
$799,500
Sold Price
$795,000
Premium/Discount to List
-$4,500
-0.56%
Current Estimated Value
$1,488,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$693,040
Avg. Annual Appreciation
7.86%

Purchase Details

Closed on
Mar 2, 2010
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ocracoke, NC

  • Jean-Paul Peron Real Estate Agent - eXp Realty

    Jean-Paul Peron

    eXp Realty

    (252) 573-5342

    153 Total Sales

    1 in Ocracoke

    $199,000 Price

    Jean-Paul Peron
     Section Image
  • Trisha Midgett Real Estate Agent - Midgett Realty - Rodanthe

    Trisha Midgett

    Responds Quickly

    Midgett Realty - Rodanthe

    (252) 650-8051

    1,060 Total Sales

    6 in Ocracoke

    $213K - $1.6M Price Range

    Trisha Midgett
     Section Image

  • ED

    Edward Denton

    Responds Quickly

    Denton Realty Company

    (757) 997-2528

    2 Total Sales

    1 in Ocracoke

    $2,200,000 Price

    Edward Denton
     Section Image
  • Austin Frangoules Real Estate Agent - Keller Williams Capital Props.

    Austin Frangoules

    Keller Williams Capital Props.

    (757) 821-5732

    94 Total Sales

    1 in Ocracoke

    $415,000 Price

    Austin Frangoules
     Section Image
  • William Adams Real Estate Agent - The Rich Company of Ocracoke/OBX

    William Adams

    The Rich Company of Ocracoke/OBX

    (252) 677-6398

    54 Total Sales

    51 in Ocracoke

    $82K - $6.3M Price Range

    William Adams
     Section Image
  • Daphne Bennink Real Estate Agent - Ocracoke's Lightship Realty

    Daphne Bennink

    Ocracoke's Lightship Realty

    (252) 588-3890

    28 Total Sales

    25 in Ocracoke

    $250K - $1M Price Range

    Daphne Bennink
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$795,000 None Available
$170,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $350,000
Previous Owner $168,500
Previous Owner $71,500
Previous Owner $286,000
Previous Owner $71,500
Previous Owner $7,300
Previous Owner $288,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/07/2018 05/07/18 Sold $795,000 -0.6% --
12/10/2017 12/10/17 Pending -- -- --
12/05/2017 12/05/17 For Sale $799,500 -- --
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- $0 $0 $0
2023 $4,130 $439,739 $400,000 $39,739
2022 $4,130 $451,419 $400,000 $51,419
2021 $3,679 $451,419 $400,000 $51,419
2020 $3,566 $451,419 $400,000 $51,419
2019 $3,566 $451,419 $400,000 $51,419
2018 $3,521 $451,419 $400,000 $51,419
2017 $4,747 $730,279 $576,000 $154,279
2016 $6,864 $730,279 $576,000 $154,279
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bobby Harrell Real Estate Agent - Harrell & Associates

    Seller's Agent in 2018

    Bobby Harrell

    Harrell & Associates

    (252) 423-0117

    63 Total Sales

    Bobby Harrell
    Section Image

  • K

    Seller Co-Listing Agent in 2018

    Kimberly Milby

    Coastal Cottages, LLC

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 98664

Outer Banks Association of REALTORS®

APN: 9500288910

North Carolina Hyde County Ocracoke 27960

25 Lighthouse Rd, Ocracoke, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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