NOT LISTED FOR SALE

296 Grandy Rd Grandy, NC 27939

Southern Currituck Neighborhood

Estimated Value: $370,997 - $412,000

4 Beds
4 Baths
1,954 Sq Ft
$205/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $248,500 $127 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,312/month

529 Days on Market

About This Home

As of November 2019

Superior investment opportunity on this 4 bedroom 2 full and 2 half baths currently being used as a non conforming Duplex. Start receiving your return on the first month with an occupied annual lease on both units at a gross of $28K+ annually. Your tennants will appreciate the large lot and open space with the privacy of a quiet road. Listing Broker and owners are NC licensed Real Estate Brokers.

Last Agent to Sell the Property

Stephen Jernigan

Key Realty Construction & Dev License #225857 Listed on: 03/24/2018

Last Buyer's Agent

John Leatherwood

Coldwell Banker Seaside Realty KH License #86507

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,175

Year Built

  • Built in 2000

Lot Details

  • 1 Acre Lot

Home Design

  • 1,954 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • Mercer Subdivision

Listing and Financial Details

  • Tax Lot Mercer

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,175

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Directions: From US HWY 158 in grandy turn south on Old Grandy Road and travel 1.5 miles unit will be on northside of road.
  • Heated Sq Ft: 1954
  • L V T Date: 03/24/2018
  • Sale/Rent: For Sale
  • Zoning: RES
  • Deed Book Pg Number: 851
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C11811
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 2

Lot Info

  • Estimated Lot Sq Ft: 43560
  • Lot Number: Lot Mercer
  • Estimated Lot Size: 1.00
  • Deed Book: 999

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2017
  • Taxes: 1175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2018
Closed on
Oct 16, 2019
Sold by
Jernigan William K and Jernigan Diane P
Bought by
Leatherwood John Steven
Seller's Agent
Stephen Jernigan
Key Realty Construction & Dev
Buyer's Agent
John Leatherwood
Coldwell Banker Seaside Realty KH
List Price
$259,900
Sold Price
$248,500
Premium/Discount to List
-$11,400
-4.39%
Current Estimated Value
$399,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,249
Avg. Annual Appreciation
8.58%
Original Mortgage
$180,000
Outstanding Balance
$158,383
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$240,809

Purchase Details

Closed on
Sep 3, 2019
Sold by
Jernigan Stephen E
Bought by
Jernigan William K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$158,383
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$240,809

Purchase Details

Closed on
Apr 24, 2007
Sold by
Jernigan Annette F
Bought by
Jernigan Stephen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2007
Sold by
Jernigan Annette F
Bought by
Jernigan Stephen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
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
Leatherwood John Steven $248,000 None Available
Jernigan William K -- None Available
Jernigan Stephen E -- None Available
Jernigan Stephen E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leatherwood John Steven $180,000
Previous Owner Jernigan Stephen E $100,000
Previous Owner Jernigan Stephen E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $248,500 -2.9% $127 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
08/12/2019 08/12/19 Price Changed $255,900 -0.4% $131 / Sq Ft
03/14/2019 03/14/19 Price Changed $256,900 -0.4% $131 / Sq Ft
11/16/2018 11/16/18 Price Changed $257,900 -0.8% $132 / Sq Ft
03/24/2018 03/24/18 For Sale $259,900 -- $133 / 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 $1,609 $215,500 $55,000 $160,500
2023 $1,609 $215,500 $55,000 $160,500
2022 $1,243 $215,500 $55,000 $160,500
2021 $1,231 $161,900 $45,000 $116,900
2020 $936 $161,900 $45,000 $116,900
2019 $927 $161,900 $45,000 $116,900
2018 $927 $161,900 $45,000 $116,900
2017 $891 $161,900 $45,000 $116,900
2016 $891 $161,900 $45,000 $116,900
2015 $891 $161,900 $45,000 $116,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Stephen Jernigan

    Key Realty Construction & Dev

    (252) 489-5007

    4 in this area

    4 Total Sales

    Stephen Jernigan
    Section Image
  • John Leatherwood

    Buyer's Agent in 2019

    John Leatherwood

    Coldwell Banker Seaside Realty KH

    (252) 202-3834

    21 in this area

    153 Total Sales

    John Leatherwood
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99794

Outer Banks Association of REALTORS®

APN: 0095-000-0015-0000

North Carolina Currituck County Grandy 27939 Southern Currituck

296 Grandy Rd, Grandy, NC

This home is located at 296 Grandy Rd, Grandy, NC 27939 since 24 March 2018 and is currently estimated at $399,749, approximately $204 per square foot. This property was built in 2000. 296 Grandy Rd is a home located in Currituck County with nearby schools including W.T. Griggs Elementary School, Currituck County Middle School, and Currituck County High School.

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.

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