NOT LISTED FOR SALE

Estimated Value: $226,461 - $518,000

1.05 Acres
$356,202 Price per Acre
45,520 Sq Ft Lot

Last Sold May 03, 2022

Last sale price $200,000

Est. 86% increase in value since last sale

Current estimated payment $2,057/month

185 Days on Market

About This Lot

As of May 2022

Large one acre lot with privacy in maritime forest! Its rare to find properties of this size on the Outer Banks. The lot itself has very tall elevations. Potential ocean views from the top level of your home. The neighboring house overlooks all houses and has views of the ocean directly to the east. Possible western sounds views too. Great opportunity to build a private estate on the Outer Banks! Survey from 2019 available!

Last Agent to Sell the Property

Steven Gross

Twiddy and Company - Corolla License #288399 Listed on: 10/09/2021

Last Buyer's Agent

Jeanne-Marie DeStefano

Keller Williams - Outer Banks License #282161

Keller Williams - Outer Banks

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $997

Lot Details

  • Wooded Lot

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Ocean Acres Tract 3 Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$997

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: X
  • Headline: Huge Lot with Privacy!
  • L V T Date: 10/09/2021
  • Roads: Public
  • Sale/Rent: For Sale
  • Section: 3
  • Zoning: res
  • Deed Book Pg Number: 0930
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • 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
  • Water: Municipal

Lot Info

  • Lot Description: Wooded
  • Deed Book: 2282
  • Unit/Lot Number: Lot 3A

Tax Info

  • Year: 2020
  • Taxes: 997

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2024
Sold by
Varon Chana Ruth
Bought by
Varon Cna Ruth and Sproul Benjamin Alexander
Current Estimated Value
$372,231

Purchase Details

Closed on
Jan 28, 2019
Sold by
Wade Robert C
Bought by
Pettit Michael R and Petitt Debra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,350
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Varon Cna Ruth -- None Listed On Document
Varon Cna Ruth -- None Listed On Document
Pettit Michael R $6,000 --
Pettit Michael R $2,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pettit Michael R $484,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2022 05/03/22 Sold $200,000 -7.0% --
04/12/2022 04/12/22 Pending -- -- --
10/09/2021 10/09/21 For Sale $215,000 -- --
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
2025 $1,326 $244,100 $244,100 $0
2024 $1,024 $135,600 $135,600 $0
2023 $1,024 $135,600 $135,600 $0
2022 $977 $135,600 $135,600 $0
2021 $977 $135,600 $135,600 $0
2020 $977 $135,600 $135,600 $0
2019 $5,396 $620,200 $193,100 $427,100
2018 $5,277 $620,200 $193,100 $427,100
2017 $5,277 $620,200 $193,100 $427,100
2016 $5,029 $620,200 $193,100 $427,100
2014 $4,843 $620,200 $193,100 $427,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116403

Outer Banks Association of REALTORS®

APN: 005092002