NOT LISTED FOR SALE

70 Desert Rd Corapeake, NC 27926

Estimated Value: $168,000 - $268,000

2 Beds
1 Bath
1,042 Sq Ft
$198/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $35,000 $34 Per Sq Ft

Est. 490% increase in value since last sale

Current estimated payment $1,170/month

8 Days on Market

About This Home

As of September 2023

Located just minutes from the NC/VA state line. Commuting to the Hampton Roads Area is a breeze! Situated on just over an acre. As is, cash only sale. VAREP Addendum required with ALL offers. Please allow 3-5 business days for offer review. NO LLC's or Corps (USA Homeownership Foundation, Inc. DBA VAREP is a 501-c3 and is not affiliated with the VA or any government agency)

Last Agent to Sell the Property

Erin Nixon

Hall & Nixon Real Estate Inc License #227772 Listed on: 08/24/2023

Last Buyer's Agent

* **Not a Member

**Not a Member License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $600

Year Built

  • Built in 1940

Lot Details

  • 1.12

Home Design

  • 1,042 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$600

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Directions: US 158 to Folly Rd to right on NC 32 to Right on Daniels Rd to Left on Desert Rd
  • Heated Sq Ft: 1042
  • L V T Date: 08/24/2023
  • Other Counties: Gates
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 131
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: No
  • Newpoint Media: No
  • Office License Number: C11899
  • Outer Banks Software: No
  • Terradatum Inc: No
  • W And R Studios: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Full Bathrooms: 1

Lot Info

  • Deed Book: 378

Building Info

  • Year Built: 1940

Tax Info

  • Year: 2022
  • Taxes: 600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Sep 6, 2023
Sold by
Usa Homeownership Foundation Inc
Bought by
Carballo Martinez Juan
Seller's Agent
Erin Nixon
Hall & Nixon Real Estate Inc
Buyer's Agent
* **Not a Member
**Not a Member
List Price
$29,900
Sold Price
$35,000
Premium/Discount to List
$5,100
17.06%
Views
263
Current Estimated Value
$206,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,510
Avg. Annual Appreciation
117.08%

Purchase Details

Closed on
Jun 20, 2023
Sold by
Bank Of America Na
Bought by
Usa Homeownership Foundation Inc

Purchase Details

Closed on
Dec 13, 2022
Sold by
Trustee Services Of Carolina Llc
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 22, 1998
Bought by
Adams Beverly Horton
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

Date Buyer Sale Price Title Company
Carballo Martinez Juan $35,000 None Listed On Document
Martinez Juan Carballo $35,000 None Listed On Document
Usa Homeownership Foundation Inc -- None Listed On Document
Bank Of America Na $47,500 --
Adams Beverly Horton $56,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2023 09/13/23 Sold $35,000 +17.1% $34 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $29,900 -- $29 / 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
2025 $1,054 $149,878 $49,550 $100,328
2024 $600 $66,690 $41,315 $25,375
2023 $600 $66,690 $41,315 $25,375
2022 $600 $66,690 $41,315 $25,375
2021 $567 $66,690 $41,315 $25,375
2020 $567 $66,690 $41,315 $25,375
2019 $567 $6,669,000 $4,131,500 $2,537,500
2018 $547 $66,690 $41,315 $25,375
2017 $822 $66,690 $0 $0
2016 -- $119,343 $0 $0
2015 -- $119,343 $0 $0
2014 -- $119,343 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Erin Nixon

    Seller's Agent in 2023

    Erin Nixon

    Hall & Nixon Real Estate Inc

    (252) 335-8600

    290 Total Sales

    Erin Nixon
    Section Image

  • *

    Buyer's Agent in 2023

    * **Not a Member

    **Not a Member

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 123205

Outer Banks Association of REALTORS®

APN: 05-01331

North Carolina Gates County Corapeake 27926

70 Desert Rd, Corapeake, NC

Not Listed for Sale

Detached

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