NOT LISTED FOR SALE

2612 S Pilot Ln Nags Head, NC 27959

Estimated Value: $563,000 - $670,000

0.23 Acre
$2,609,678 Price per Acre
10,010 Sq Ft Lot

Last Sold September 25, 2017

Last sale price $110,000

Est. 446% increase in value since last sale

Current estimated payment $3,412/month

111 Days on Market

Highlights

  • Wooded Lot
  • Timber
  • Level Lot

About This Lot

As of September 2017

If you are looking for a no hassle primary beach home, this location would be it! There is no fee for living in the Nags Head Acres subdivision. No flood insurance required since you will be in an X flood zone. This location provides close proximity to everything you need, not far from the hospital, shopping, grocery stores, restaurants, YMCA, the New Dowdy Park which is set to open mid May. The traffic light at the front of the subdivision makes it easy to get to the beach. Being that you are on the Outer Banks it is almost a necessity to be outside. When you want a change in scenery, Nags Head Woods Nature Preserve is right around the corner. Here you will be able to explore and hike through the sand dunes and beautiful sound side woods. Jockeys Ridge State Park is a popular place to watch and go kiteboarding! This is a prime location for anyone that enjoys the Outer Banks and all it has to offer.

Last Agent to Sell the Property

Chase Checho

Default, Office License #287715 Listed on: 03/23/2017

Last Buyer's Agent

Stacey Baittinger

Landmark Sotheby's International Realty License #204729

Landmark Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $638

Lot Details

  • 10,010 Sq Ft Lot
  • Lot Dimensions are 77x130.0
  • Level Lot
  • Wooded Lot
  • Property is zoned R - 2

Farming

  • Timber

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Nags Head Acres Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$638

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: From US-158/Bypass turn West at the traffic light onto Adams Ln. into Nags Head Acres subdivision. Left on Bridge Ln; around the corner second street turn right onto Pilot Ln; 3rd lot on your left.
  • Flood Zone: X
  • Headline: Great Year Around Neighborhood
  • L V T Date: 03/24/2017
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: R - 2
  • Timber: Light
  • Deed Book Pg Number: 0180
  • Office License Number: C3297
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 77

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 10010
  • Lot Description: Level, Wooded
  • Lot Faces: E
  • Lot Size: 77x130.0
  • Deed Book: 0821
  • Unit/Lot Number: Lot # 146

Tax Info

  • Year: 2016
  • Taxes: 638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2017
Closed on
Sep 19, 2017
Sold by
Kincaid Emil V and Kincaid Peggy A
Bought by
Bellone Michael L and Bellone Kimberly A
Seller's Agent
Chase Checho
Default, Office
Buyer's Agent
Stacey Baittinger
Landmark Sotheby's International Realty
List Price
$116,500
Sold Price
$110,000
Premium/Discount to List
-$6,500
-5.58%
Current Estimated Value
$600,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,226
Avg. Annual Appreciation
23.46%
Original Mortgage
$276,000
Outstanding Balance
$230,231
Interest Rate
3.86%
Mortgage Type
Construction
Estimated Equity
$369,995
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
Bellone Michael L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bellone Michael L $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2017 09/25/17 Sold $110,000 -5.6% --
07/12/2017 07/12/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $116,500 -- --
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 $2,765 $378,500 $97,600 $280,900
2023 $1,516 $378,500 $97,600 $280,900
2022 $1,516 $378,500 $97,600 $280,900
2021 $1,516 $378,500 $97,600 $280,900
2020 $1,379 $344,200 $97,600 $246,600
2019 $1,179 $250,800 $87,700 $163,100
2018 $751 $159,700 $87,700 $72,000
2017 $412 $87,700 $87,700 $0
2016 $377 $87,700 $87,700 $0
2014 $611 $87,700 $87,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 95745

Outer Banks Association of REALTORS®

APN: 026364146