NOT LISTED FOR SALE

7832 Caratoke Hwy Powells Point, NC 27966

Southern Currituck Neighborhood

Estimated Value: $381,000 - $551,000

0.99 Acre
$472,071 Price per Acre
43,124 Sq Ft Lot

Last Sold March 22, 2019

Last sale price $60,000

Est. 679% increase in value since last sale

Current estimated payment $2,723/month

317 Days on Market

About This Lot

As of March 2019

VISIBILITY AND LOCATION!!! Almost an acre on the CROATAN HIGHWAY (43,124.4 sq ft). Clear and Level lot Zoned General Business allowing for residential and business development. GREAT BUSINESS LOCATION WITH MANY POSSIBILITIES AND EXPOSURE with 479,320 (almost half million) visitors coming to the outer banks annually* Survey provided upon request. *Statistics from Website "The Outer Banks of North Carolina"

Last Agent to Sell the Property

Joanne Kepler

Beach Realty & Construction- Corolla License #190335 Listed on: 04/12/2018

Last Buyer's Agent

Nick Martini

Dareprox, LLC License #204149

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $238

Lot Details

  • 0.99 Acre Lot
  • Level Lot
  • Property is zoned Gen. Bus

Farming

  • Timber

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$238

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: 2 miles north of OBX Waterpark next to Hunter Redford Granite & Marble
  • Flood Zone: AE, X
  • Headline: GREAT VISIBILITY!
  • L V T Date: 04/12/2018
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Zoning: Gen. Bus
  • Timber: Light
  • Deed Book Pg Number: 86
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3297
  • 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
  • Electric: Available

Lot Info

  • Estimated Lot Sq Ft: 43124
  • Lot Description: Level
  • Estimated Lot Size: 0.99
  • Deed Book: 760
  • Unit/Lot Number: Lot 2

Tax Info

  • Year: 2017
  • Taxes: 237.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
Mar 20, 2019
Sold by
Morris Albert P and Morris Christy
Bought by
Caballero Jose
Seller's Agent
Joanne Kepler
Beach Realty & Construction- Corolla
Buyer's Agent
Nick Martini
Dareprox, LLC
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%
Current Estimated Value
$467,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,350
Avg. Annual Appreciation
37.69%

Purchase Details

Closed on
Mar 26, 2004
Bought by
Morris Albert P and Morris Christy
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
Caballero Jose $60,000 None Available
Morris Albert P $81,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2019 03/22/19 Sold $60,000 -14.2% --
02/23/2019 02/23/19 Pending -- -- --
04/12/2018 04/12/18 For Sale $69,900 -- --
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 $2,114 $299,600 $41,400 $258,200
2023 $2,114 $299,600 $41,400 $258,200
2022 $1,222 $273,800 $41,400 $232,400
2021 $795 $49,500 $49,500 $0
2020 $238 $49,500 $49,500 $0
2019 $238 $49,500 $49,500 $0
2018 $0 $49,500 $49,500 $0
2017 $238 $49,500 $49,500 $0
2016 $238 $49,500 $49,500 $0
2015 -- $49,500 $49,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Joanne Kepler

    Seller's Agent in 2019

    Joanne Kepler

    Beach Realty & Construction- Corolla

    (252) 207-8420

    1 in this area

    66 Total Sales

    Joanne Kepler
    Section Image

  • N

    Buyer's Agent in 2019

    Nick Martini

    Dareprox, LLC

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 100042

Outer Banks Association of REALTORS®

APN: 0111-000-024B-0000

North Carolina Currituck County Powells Point 27941 Southern Currituck

7832 Caratoke Hwy, Powells Point, NC

This home is located at 7832 Caratoke Hwy, Powells Point, NC 27966 since 12 April 2018 and is currently estimated at $467,350. 7832 Caratoke Hwy is a home located in Currituck County with nearby schools including Jarvisburg Elementary School, Currituck County Middle School, and Currituck County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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