NOT LISTED FOR SALE

Estimated Value: $1,327,000 - $1,588,000

0.14 Acre
$10,517,594 Price per Acre
6,000 Sq Ft Lot

Last Sold May 05, 2015

Last sale price $265,000

Est. 448% increase in value since last sale

Current estimated payment $8,965/month

484 Days on Market

Highlights

  • Community Beach Access
  • Community Pool
  • Level Lot
  • Ocean View
  • Tennis Courts

About This Lot

As of May 2015

Affordable lot on the northern beaches! 3 Lots from Oceanfront...very close beach access! Backs up to open space...great property. Wide....sandy beaches! This homesite can accommodate a large home with a pool. Low developer pricing for a limited time. Come see and compare...Ocean Lakes is a great value. Beautiful new homes are popping up and it won't be long before this opportunity is sold out. There is a short walk to the huge community pool with separate kid’s pool and tennis. Wide beaches, 10-acre lake, tennis. Nearby golf, dining and shopping. The history of the Outer Banks is all around. Beautiful new homes are just completed or under construction now. Limited lot inventory!

Last Agent to Sell the Property

Brad Beacham

Landmark Sotheby's International Realty License #194377 Listed on: 11/13/2013

Landmark Sotheby's International Realty

Last Buyer's Agent

Josh Faircloth

Default, Office License #276591

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,714

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60x95
  • Property fronts a private road
  • Level Lot
  • Cleared Lot

HOA Fees

  • $69 Monthly HOA Fees

Property Views

  • Ocean Views

Utilities

  • Municipal Utilities District Water
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include management, pool, road maintenance, security, tennis courts, walkways
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$9,714

Lot Details

0

HOA Fees

$69 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: East on Seabird. L on Ocean Lake Trail. R on Tide Arch
  • Subdivision Name: Ocean Lakes, Sec O, Phase 4-B
  • Headline: Homesite...3 Lots from Ocean
  • Phase: 4-B
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Section: O
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: Res
  • Major Subdivision: Ocean Sands
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 60
  • View: Ocean

Utilities

  • Sewer/Septic System: Community Septic
  • Water: Municipal
  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 830
  • Fee Includes: Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways

Lot Info

  • Estimated Lot Sq Ft: 6000
  • Lot Description: Level, Cleared
  • Lot Faces: South
  • Lot Size: 60X95
  • Unit/Lot Number: Lot 139

Tax Info

  • Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2013
Closed on
May 4, 2015
Sold by
Coastland Development & Sales Inc
Bought by
Castellano Ronald A and Castellano Lorraine A
Seller's Agent
Brad Beacham
Landmark Sotheby's International Realty
Buyer's Agent
Josh Faircloth
Default, Office
List Price
$200,000
Sold Price
$265,000
Premium/Discount to List
$65,000
32.5%
Current Estimated Value
$1,451,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,186,428
Avg. Annual Appreciation
18.69%
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
Castellano Ronald A $265,000 None Available
Coastland Development & Sales Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castellano Ronald A $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2015 05/05/15 Sold $265,000 +32.5% --
03/12/2015 03/12/15 Pending -- -- --
11/13/2013 11/13/13 For Sale $200,000 -- --
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 $9,714 $831,400 $235,000 $596,400
2023 $9,714 $831,400 $235,000 $596,400
2022 $7,030 $831,400 $235,000 $596,400
2021 $6,151 $620,300 $185,000 $435,300
2020 $4,715 $620,300 $185,000 $435,300
2019 $4,700 $620,300 $185,000 $435,300
2018 $4,764 $620,300 $185,000 $435,300
2017 $4,423 $606,000 $185,000 $421,000
2016 $2,221 $335,200 $185,000 $150,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 81383

Outer Banks Association of REALTORS®

APN: 126A0000139000O