NOT LISTED FOR SALE

306 B Back Rd Ocracoke, NC 27960

Estimated Value: $492,000 - $798,000

0.17 Acre
$3,417,824 Price per Acre
7,494 Sq Ft Lot

Last Sold March 31, 2023

Last sale price $225,000

Est. 158% increase in value since last sale

Current estimated payment $3,436/month

10 Days on Market

About This Lot

As of March 2023

This property offers an incredible opportunity in a buildable lot with an existing tiny home. Boasting over 7,400 sq ft, find yourself tucked away in the enchanting gardens and sprawling green space. Centrally located within walking distance of Ocracoke's world class dining options. A 3 bedroom septic system on site. Approved for a 3 bedroom house. Site plan and septic permit in supporting documents. A Boho XL 2020 tiny house by "Escape" conveys with the lot and provides ample rental revenue. Current owners operate as an AirBnb under "Island Tiny House." Gas range, on demand hot water heater, Fujitsu mini-split, pine interior, and sliding barn door. https://www.airbnb.com/rooms/46769108?source_impression_id=p3_1653760503_RJU5sABnYMTG27UG

Last Agent to Sell the Property

William Adams

The Rich Company of Ocracoke/OBX License #336776 Listed on: 01/29/2023

Co-Listed By

William Rich

The Rich Company of Ocracoke/OBX License #25611

Last Buyer's Agent

William Rich

The Rich Company of Ocracoke/OBX License #25611

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,104

Lot Details

  • 7,494 Sq Ft Lot
  • Property is zoned Mixed

Utilities

  • Private or Community Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$2,104

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: AE
  • Headline: Building Lot with Tiny House
  • L V T Date: 01/29/2023
  • Sale/Rent: For Sale
  • Zoning: Mixed
  • Deed Book Pg Number: 765
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C34999
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 7494
  • Estimated Lot Size: 0.17
  • Deed Book: 91

Tax Info

  • Year: 2022
  • Taxes: 2104.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2023
Sold by
Ramunni Joseph C and Ramunni Lauren C
Bought by
Knight Benjamin John and Fitch Knight Margaret
Current Estimated Value
$581,030

Purchase Details

Listed on
Jan 29, 2023
Closed on
Mar 17, 2023
Sold by
Ramunni Joseph C and Ramunni Lauren C
Bought by
Deluca Family Properties Llc
Seller's Agent
William Adams
The Rich Company of Ocracoke/OBX
Buyer's Agent
William Rich
The Rich Company of Ocracoke/OBX
List Price
$225,000
Sold Price
$225,000
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.06%

Purchase Details

Closed on
Jul 27, 2017
Sold by
Hampton Gayle L and Hampton Patricia G
Bought by
Ramunni Joseph C and Strohi Lauren C
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
Knight Benjamin John -- None Listed On Document
Deluca Family Properties Llc $225,000 --
Ramunni Joseph C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramunni Joseph C $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $225,000 0.0% --
02/08/2023 02/08/23 Pending -- -- --
01/29/2023 01/29/23 For Sale $225,000 -- --
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 $4,095 $445,074 $217,500 $227,574
2023 $2,091 $193,344 $127,500 $65,844
2022 $2,180 $238,220 $212,500 $25,720
2021 $2,104 $0 $0 $0
2020 $1,882 $238,220 $212,500 $25,720
2019 $2,161 $0 $0 $0
2018 $2,161 $277,106 $212,500 $64,606
2017 $2,450 $376,983 $306,000 $70,983
2016 $2,450 $376,983 $306,000 $70,983
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Adams

    Seller's Agent in 2023

    William Adams

    The Rich Company of Ocracoke/OBX

    (252) 220-4886

    34 in this area

    35 Total Sales

    William Adams
    Section Image

  • W

    Seller Co-Listing Agent in 2023

    William Rich

    The Rich Company of Ocracoke/OBX

    23 in this area

    26 Total Sales

    William Rich
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 121282

Outer Banks Association of REALTORS®

APN: 9500394779

North Carolina Hyde County Ocracoke 27960

306 B Back Rd, Ocracoke, NC

This home is located at 306 B Back Rd, Ocracoke, NC 27960 since 29 January 2023 and is currently estimated at $581,030. 306 B Back Rd is a home located in Hyde County with nearby schools including Ocracoke 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.

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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