NOT LISTED FOR SALE

437 Flagship Edenton, NC 27932

Estimated Value: $92,992 - $129,000

12 Acres
$8,833 Price per Acre
522,720 Sq Ft Lot

Last Sold July 03, 2024

Last sale price $85,000

Est. 25% increase in value since last sale

Current estimated payment $665/month

47 Days on Market

Highlights

  • Horses Allowed On Property
  • Corner Lot
  • Park
  • Gated Community
  • Community Playground
  • Accessible Ramps

About This Lot

As of July 2024

There are only a couple of lots for sale at The Farms at Riversound--- farmette lots differ from lots at Phase 1 of Riversound. The farms are 10+ acre parcels that allow a property owner to build multiple dwellings, such as a house and barn + have some livestock on their property as well. Lot 52 has a long driveway, a cleared area and septic in place for a 3-bedroom home. This lot is READY for you to build your dream home within a gated community, but with plenty of space to spread out amongst your acres!

Last Agent to Sell the Property

Amber Hardy

CarolinaEast Real Estate License #309655 Listed on: 04/22/2024

Last Buyer's Agent

Stephen Nilsen

eXp Realty License #303908

eXp Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $416

Lot Details

  • 12 Acre Lot
  • Property fronts a private road
  • Rural Setting
  • Corner Lot
  • Cleared Lot
  • Property is zoned Cu-R25

HOA Fees

  • $75 Monthly HOA Fees

Additional Features

  • Accessible Ramps
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 784500584470

Community Details

Overview

  • The Farms At Riversound Association
  • Farms At Riversound Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Playground
  • Park
  • Trails

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$416

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Deed Page: 151.00
  • Directions To Property: From Hertford, take 17 to Haughton Rd, turn left on Thick Neck Rd, take Yeopim Rd to Drummonds Pt Rd on the left. Riversound Drive and gate on the left.
  • Federal Flood Ins Avlbl: No
  • Fencing: None
  • Fuel Tank: None
  • H O A: Yes
  • H O Aand Neighborhood Amenities: Barbecue, Park, Trail(s), Ramp, Playground, Picnic Area, Maint - Roads, Maint - Comm Areas, Gated
  • Listing I D: 100440147
  • Location Type: Mainland
  • Lot Description: Corner Lot, Subdivision, Rural, Partially Cleared
  • Lot Dimensions: Irregular
  • Lot Number: 52
  • Lot Sq Ft: 522720.00
  • Lot Water Features: None
  • Marketing City: Edenton
  • M L S Approved: Y
  • Road Type Frontage: Private, Unpaved
  • Sign On Property: Yes
  • State Province: NC
  • Stipulation Of Sale: None
  • Subdivision: Farms at RiverSound
  • Tax Identifier: 784500584470
  • Tax Year: 2023
  • Terms: Cash, Farm Credit, Conventional, Construction to Perm.
  • Total Real Estate Property Taxes: 415.80
  • Waterview: No
  • Zoning: Cu-R25
  • Acres: 12.00
  • Buildigson Property: None
  • Deed Restriction: Yes
  • Deferred Taxes: No
  • Environmental Hazard: No
  • List Priceper Acre: 7083.33
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared/Partial
  • Lot Number2: 52
  • Horses Y N: Yes
  • H O A Association Fee1 Year: 900.00
  • H O A Association Name: The Farms at Riversound
  • H O A H O A1 Mgmt Company: www.riversoundpoa.com
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Jun 22, 2024
Sold by
Disomma James and Disomma Kimberly
Bought by
Biner Kenneth and Biner Cynthia
Seller's Agent
Amber Hardy
CarolinaEast Real Estate
Buyer's Agent
Stephen Nilsen
eXp Realty
List Price
$85,000
Sold Price
$85,000
Views
18
Current Estimated Value
$105,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,997
Avg. Annual Appreciation
15.74%

Purchase Details

Listed on
Oct 27, 2020
Closed on
May 26, 2021
Sold by
Wild Tyson and Wild Christy
Bought by
Disomma James and Disomma Kimberly
Seller's Agent
Patricia Kiley
Carolina East Real Estate
Buyer's Agent
Patricia Kiley
Eastern Carolina Realty, Inc
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.74%

Purchase Details

Closed on
Jan 20, 2017
Bought by
Wild Tyson and Wild Christy

Purchase Details

Closed on
Jun 17, 2015

Purchase Details

Closed on
Dec 9, 2014

Purchase Details

Closed on
Dec 3, 2014
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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Purchase History

Date Buyer Sale Price Title Company
Biner Kenneth $85,000 None Listed On Document
Disomma James $250,000 Attorney Only
Wild Tyson $29,000 --
-- -- --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2024 07/03/24 Sold $85,000 0.0% --
06/08/2024 06/08/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $85,000 +54.5% --
01/11/2022 01/11/22 Off Market $55,000 -- --
12/07/2021 12/07/21 Sold $55,000 +10.0% -- View Prior Sale
06/02/2021 06/02/21 Sold $50,000 0.0% -- View Prior Sale
02/05/2021 02/05/21 Off Market $50,000 -- --
Source: Hive MLS

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
2025 $433 $56,571 $55,035 $1,536
2024 $433 $56,571 $55,035 $1,536
2023 $416 $56,571 $55,035 $1,536
2022 $416 $56,571 $55,035 $1,536
2021 $327 $39,600 $39,600 $0
2020 $321 $39,600 $39,600 $0
2019 $321 $39,600 $39,600 $0
2018 $317 $39,600 $39,600 $0
2016 $315 $39,600 $39,600 $0
2015 $309 $39,600 $39,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100440147

Hive MLS

APN: 7845-00-58-4470