NOT LISTED FOR SALE

506 Raven Way Unit 506 Elizabeth City, NC 27909

Estimated Value: $165,000 - $184,093

2 Beds
2 Baths
1,186 Sq Ft
$195/mo HOA Fee

Last Sold September 26, 2013

Last sale price $90,300 $76 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,255/month

419 Days on Market

Highlights

  • Health Club
  • Contemporary Architecture
  • Community Pool
  • Clubhouse
  • Solid Surface Countertops
  • Garage

About This Home

As of September 2013

The Avocet offers the convenience and accessibility of a single level floor plan, yet with a design that offers plenty of space and the kind of privacy and quiet that is the hallmark of its end-unit setting. A large covered porch entry reveals a light, airy, open floor plan with 1,186-square-feet of living space. The gourmet kitchen is perfect for both entertaining or simply enjoying a relaxing dinner at home. Both bedrooms are roomy, one with a spacious walk-in closet, and the master bathroom features a garden soaking tub and separate shower and double sink vanity. One bathroom is conveniently accessed from the hallway and features the extra advantage of a five-foot shower enclosure with seat. Ample storage includes an outdoor storage shed off the patio, a walk-in kitchen pantry and a garage. Owner Says SELL! Bring all Offers!

Last Agent to Sell the Property

Joel Patton

Default, Office License #148299 Listed on: 05/24/2012

Last Buyer's Agent

Larry Gaither

Default, Office License #140191

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,783

Year Built

  • Built in 2006

Lot Details

  • Lot includes common area
  • Landscaped

HOA Fees

  • $195 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,186 Sq Ft Home
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • Carport
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, flood insurance, grounds maintenance, management, pool, road maintenance, tennis courts, walkways
  • Adams Landing Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Health Club
  • Tennis Courts
  • Community Pool
  • Park

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,783

Year Built

Built in 2006

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: From 17 South turn R on Forest Park, R on Adams Landing, R on Raven.
  • Extras: Ceiling Fan(s), Covered Decks, Garage Door Opener, Landscaped, Outdoor Tennis, Outside Lighting, Patio, Smoke Detector(s)
  • Flood Zone: AE
  • Subdivision Name: Adams Landing
  • Headline: Adams Landing Condo!
  • Heated Sq Ft: 1186
  • Other Counties: Pasquotank
  • Potential Short Sale: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Zoning: Res
  • Deed Book Pg Number: 179
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 2
  • Countertops: Solid Surface
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interior Amenities: All Window Treatments, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: 1 Car, Attached
  • Parking: Paved, Off Street, Unit Garage

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Clubhouse, Health Club, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 2340

Lot Info

  • Lot Description: Adj. To Common Area, Level
  • Deed Book: 918

Building Info

  • Year Built: 2006

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 1783

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2018
Sold by
Smith Rosalie B
Bought by
Rawson Donna E
Current Estimated Value
$175,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$74,887
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$100,886

Purchase Details

Listed on
May 24, 2012
Closed on
Sep 18, 2013
Sold by
Sanderlin Thomas N and Sanderlin Patricia M
Bought by
Smith Rosalie B
Seller's Agent
Joel Patton
Default, Office
Buyer's Agent
Larry Gaither
Default, Office
List Price
$139,900
Sold Price
$90,300
Premium/Discount to List
-$49,600
-35.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Source: Public Records

Range of Values:

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Average Value
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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
Rawson Donna E $720,000 None Available
Smith Rosalie B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rawson Donna E $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2013 09/26/13 Sold $90,300 -35.5% $76 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
05/24/2012 05/24/12 For Sale $139,900 -- $118 / 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 $1,665 $123,400 $0 $0
2023 $1,673 $123,400 $0 $0
2022 $1,665 $123,400 $0 $0
2021 $1,536 $89,800 $0 $0
2020 $1,452 $89,800 $0 $0
2019 $1,452 $89,800 $0 $89,800
2018 $749 $89,800 $0 $0
2017 $749 $89,800 $0 $0
2016 $745 $89,800 $0 $0
2014 -- $89,800 $0 $89,800
2013 -- $166,600 $34,800 $131,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 75019

Outer Banks Association of REALTORS®

APN: 890312765320