$17,000
SOLD JUL 23, 2014

703 Arvilla Ln Manteo, NC 27954

0.15 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

62% Below List Price

246 Days on Market

About This Lot

As of October 2018

Excellent opportunity to own in a quiet subdivision. Enjoy a bike ride on paved roads with nice homes already established in the community. Near public boating access which leads you to world class fishing outside your back door. Also near historic downtown Manteo and the beaches of Nags Head. Go take a look, you will be pleasantly surprised.

Last Agent to Sell the Property

David Hines

Howard Hanna Outer Banks Realt License #215167 Listed on: 04/21/2013

Howard Hanna Outer Banks Realt

Last Buyer's Agent

Sumit Gupta

VR Real Estate Advisors, LLC License #212627

Property Details

Property Type

  • Land

Lot Details

  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $8 Monthly HOA Fees

Community Details

  • Cedar Bay Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: LOTS/LAND
  • Bank Owned: Yes
  • Directions: From 64/264, L onto Bowserton RD at Front Porch Café. Turn R onto S. California Ln. On to Cedar Bay
  • Flood Zone: AE
  • Headline: Wonderful Opportunity
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 0393
  • Special Features: 20
  • Property Sub Type: LotsLands

Utilities

  • Electric: Available

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 100

Lot Info

  • Lot Description: Cul-de-sac, Level
  • Lot Size: 6500
  • Deed Book: 1733
  • Unit/Lot Number: Lot #10

Tax Info

  • Year: 2012
  • Taxes: 487

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2017
Closed on
Oct 3, 2018
Sold by
Cedar Bay Llc
Bought by
Spencer Jennifer L
Seller's Agent
Elizabeth Cloninger
Pirates Cove Realty
Buyer's Agent
Cara Muglia
SERHANT North Carolina LLC
List Price
$195,650
Sold Price
$195,650
Current Estimated Value
$402,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,062
Avg. Annual Appreciation
11.68%
Original Mortgage
$169,212
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 21, 2013
Closed on
Jun 30, 2014
Sold by
Harbour Asset Servicing Inc
Bought by
Cedar Bay Llc
Seller's Agent
David Hines
Howard Hanna Outer Banks Realt
Buyer's Agent
Sumit Gupta
VR Real Estate Advisors, LLC
List Price
$44,900
Sold Price
$17,000
Premium/Discount to List
-$27,900
-62.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.66%
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 Type Sale Price Title Company
Warranty Deed $196,000 --
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,000 New Conventional
Closed $186,000 New Conventional
Closed $169,212 FHA
Previous Owner $81,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $195,650 0.0% $183 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
07/31/2017 07/31/17 For Sale $195,650 0.0% $183 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
07/14/2017 07/14/17 Price Changed $195,650 0.0% $183 / Sq Ft
07/14/2017 07/14/17 For Sale $195,620 +1050.7% $182 / Sq Ft
07/23/2014 07/23/14 Sold $17,000 -62.1% --
12/23/2013 12/23/13 Pending -- -- --
04/21/2013 04/21/13 For Sale $44,900 -- --
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 $1,603 $214,900 $61,300 $153,600
2023 $1,603 $214,900 $61,300 $153,600
2022 $1,603 $214,900 $61,300 $153,600
2021 $1,603 $214,900 $61,300 $153,600
2020 $1,603 $214,900 $61,300 $153,600
2019 $1,498 $178,300 $51,100 $127,200
2018 $429 $51,100 $51,100 $0
2017 $429 $51,100 $51,100 $0
2016 $409 $51,100 $51,100 $0
2014 $404 $51,100 $51,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 78749

Outer Banks Association of REALTORS®

APN: 025536010