NOT LISTED FOR SALE

27215 Spin Drift Rd Salvo, NC 27972

Estimated Value: $657,000 - $766,000

0.23 Acre
$3,044,952 Price per Acre
10,000 Sq Ft Lot

Last Sold June 30, 2021

Last sale price $78,500

Est. 792% increase in value since last sale

Current estimated payment $3,925/month

277 Days on Market

Highlights

  • Ocean View
  • Cul-De-Sac
  • Level Lot
  • Wooded Lot

About This Lot

As of June 2021

This could be the site for your future dream home!! Located on a quiet street in the newly created "X" flood zone, yet steps from the beach, AND with deeded sound access, this is the perfect location!! Potential for beautiful sound and sunset views. Close to convenience marts, 4WDaccess, Salvo Day Use Area and the Tri-Village walking/biking path. Come visit today!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 08/25/2020

Last Buyer's Agent

Rob Petty

Outer Banks Home Group License #224417

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $606

Lot Details

  • 10,000 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot
  • Wooded Lot

Property Views

  • Ocean Views
  • Views of a Sound

Community Details

  • Spin Drift Bnks Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$606

Lot Details

10,000 Sq Ft Lot

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: X
  • Subdivision Name: Spin-Drift Banks Sec 2
  • L V T Date: 08/25/2020
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Section: 2
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 0118
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C0569
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean, Sound

Utilities

  • Electric: Available

Lot Info

  • Estimated Lot Sq Ft: 10000
  • Lot Description: Cul-de-sac, Level, Wooded
  • Estimated Lot Size: 0.23
  • Deed Book: 1978
  • Unit/Lot Number: Lot 4

Tax Info

  • Year: 2019
  • Taxes: 605.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Jun 23, 2021
Sold by
Fortescue Investment Group Llc
Bought by
Flynn Thomas J and Low Joann A
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Rob Petty
Outer Banks Home Group
List Price
$78,500
Sold Price
$78,500
Current Estimated Value
$700,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$621,839
Avg. Annual Appreciation
58.68%

Purchase Details

Closed on
Sep 23, 2014
Sold by
Griffin Janet S and Griffin Record Gilbert
Bought by
Fortescue Investment Group Llc
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
Flynn Thomas J $78,500 None Available
Fortescue Investment Group Llc $100,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $78,500 0.0% --
05/29/2021 05/29/21 Pending -- -- --
08/25/2020 08/25/20 For Sale $78,500 -- --
Source: Outer Banks Association of REALTORS®

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 $2,891 $670,100 $118,700 $551,400
2024 $2,988 $472,200 $71,200 $401,000
2023 $436 $71,200 $71,200 $0
2022 $429 $71,200 $71,200 $0
2021 $422 $71,200 $71,200 $0
2020 $421 $71,200 $71,200 $0
2019 $606 $87,800 $87,800 $0
2018 $606 $87,800 $87,800 $0
2017 $606 $87,800 $87,800 $0
2016 $565 $87,800 $87,800 $0
2014 $565 $87,800 $87,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110699

Outer Banks Association of REALTORS®

APN: 013210004

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