NOT LISTED FOR SALE

461 E Gibbs Rd Knotts Island, NC 27950

Estimated Value: $552,783 - $1,413,000

3 Beds
2.5 Baths
2,611 Sq Ft
$376/Sq Ft Est. Value

Sale Details

Date Sold: December 16, 2022

Last sale price $500,000 $191 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $5,603 / mo

97 Days on Market

About This Home

As of December 2022

Beautiful house nestled on over 2 acres- Ready for you to make it home!! Glorious sunrises to view. 3 Bedrooms -2 bath and a half bath. A MUST SEE!!! Detached garage with 2 bedroom and a full bath- 672 square footage- a little love needed to fix her up but what a great addition to this home!!!

Last Agent to Sell the Property

Kim Old

BHHS RW Towne Realty - Moyock License #95890 Listed on: 08/12/2022

BHHS RW Towne Realty - Moyock

Last Buyer's Agent

* **Not a Member

**Not a Member License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,640

Year Built

  • Built in 1993

Lot Details

  • 2

Home Design

  • 2,611 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,640

Year Built

Built in 1993

Lot Details

2 Acres

Listing Details

  • Class: RESIDENTIAL
  • Directions: North on NC-168 towards Moyock Landing Drive-Right on Gallbush Road, Turn Right on Indian Creek Road, Turn Right on Blackwater Road, 461 E Gibbs Road
  • Heated Sq Ft: 2611
  • L V T Date: 08/12/2022
  • Primary Residence: Yes
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: E/189
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C10714
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Lot Info

  • Deed Book: 11

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2022
  • Taxes: 2640

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Dec 7, 2022
Sold by
Leary Nancy E
Bought by
Sotelo Jimmy and Sotelo Lindsay
Seller's Agent
Kim Old
BHHS RW Towne Realty - Moyock
Buyer's Agent
* **Not a Member
**Not a Member
List Price
$550,900
Sold Price
$500,000
Premium/Discount to List
-$50,900
-9.24%
Views
46
Current Estimated Value
$982,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,892
Avg. Annual Appreciation
21.99%
Original Mortgage
$475,000
Outstanding Balance
$453,542
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$529,350
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Sotelo Jimmy $2,500,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Sotelo Jimmy $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2022 12/16/22 Sold $500,000 -9.2% $191 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $550,900 -- $211 / Sq Ft
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 $3,406 $496,600 $72,700 $423,900
2024 $3,406 $496,600 $72,700 $423,900
2023 $3,392 $549,800 $72,700 $477,100
2022 $3,017 $549,800 $72,700 $477,100
2021 $3,000 $317,700 $52,700 $265,000
2020 $1,825 $317,700 $52,700 $265,000
2019 $1,825 $317,700 $52,700 $265,000
2018 $0 $317,700 $52,700 $265,000
2017 $1,753 $317,700 $52,700 $265,000
2016 $1,753 $317,700 $52,700 $265,000
2015 $1,753 $317,700 $52,700 $265,000
Source: Public Records

Agents Affiliated with this Home

  • Kim Old

    Seller's Agent in 2022

    Kim Old

    BHHS RW Towne Realty - Moyock

    (252) 207-2223

    70 in this area

    286 Total Sales

    Kim Old
    Section Image

  • *

    Buyer's Agent in 2022

    * **Not a Member

    **Not a Member

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120050

Outer Banks Association of REALTORS®

APN: 0038-000-031D-0000

North Carolina Currituck County Knotts Island 27950

461 E Gibbs Rd, Knotts Island, NC

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