NOT LISTED FOR SALE

295 Lighthouse Rd Ocracoke, NC 27960

Estimated Value: $919,000 - $1,267,737

3 Beds
3 Baths
2,537 Sq Ft
$420/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $300,000 $118 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $6,439/month

705 Days on Market

About This Home

As of October 2018

Very desirable location in the village near the lighthouse and harbor. This property has the potential for a small business as well as more than one living unit. The photos show when the house was used by a physical therapist as a fitness center.

Last Agent to Sell the Property

Ruth Fordon

Ocracoke's Lightship Realty License #121299 Listed on: 09/24/2016

Last Buyer's Agent

Martha Garrish

Village Realty Holdings dba Ocracoke Island Realty License #148274

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,690

Year Built

  • Built in 1915

Lot Details

  • 0.34 Acre Lot
  • Property is zoned commercial

Interior Spaces

  • 2,537 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Fuel Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,690

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Directions: From Irvin Garrish Hwy, turn onto Lighthouse Road. Property is located across from intersection of Creek Road.
  • Headline: Desirable village location!
  • Heated Sq Ft: 2537
  • L V T Date: 09/24/2016
  • Primary Residence: Yes
  • Sale/Rent: For Sale
  • Zoning: commercial
  • Deed Book Pg Number: 634
  • Office License Number: C16705
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 3
  • Furnishings Available: Yes

Utilities

  • Fuel Tanks: Leased

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Estimated Lot Size: 0.34
  • Deed Book: 60

Building Info

  • Year Built: 1915

Tax Info

  • Year: 2016
  • Taxes: 2690

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2016
Closed on
Sep 12, 2018
Sold by
Dell Diana L
Bought by
Great View Properties Llc
Seller's Agent
Ruth Fordon
Ocracoke's Lightship Realty
Buyer's Agent
Martha Garrish
Village Realty Holdings dba Ocracoke Island Realty
List Price
$525,000
Sold Price
$300,000
Premium/Discount to List
-$225,000
-42.86%
Current Estimated Value
$1,064,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$764,684
Avg. Annual Appreciation
18.63%
Original Mortgage
$620,000
Outstanding Balance
$542,892
Interest Rate
4.5%
Mortgage Type
Construction
Estimated Equity
$424,031
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
Great View Properties Llc $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Great View Properties Llc $620,000
Previous Owner Deli Diana L $389,200
Previous Owner Dell Diana L $417,000
Previous Owner Dell Diana L $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2018 10/15/18 Sold $300,000 -22.1% $118 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
04/17/2018 04/17/18 Price Changed $385,000 -2.5% $152 / Sq Ft
03/06/2018 03/06/18 Price Changed $395,000 -24.8% $156 / Sq Ft
09/24/2016 09/24/16 For Sale $525,000 -- $207 / Sq Ft
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 $7,644 $813,165 $217,600 $595,565
2023 $6,790 $643,749 $221,000 $422,749
2022 $5,963 $651,713 $221,000 $430,713
2021 $5,311 $651,713 $221,000 $430,713
2020 $5,149 $651,713 $221,000 $430,713
2019 $3,226 $0 $0 $0
2018 $3,226 $413,641 $221,000 $192,641
2017 $2,567 $394,900 $221,000 $173,900
2016 $2,567 $394,900 $221,000 $173,900
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 93882

Outer Banks Association of REALTORS®

APN: 9500186073