NOT LISTED FOR SALE

Estimated Value: $1,513,000 - $1,918,793

0.26 Acre
$6,587,581 Price per Acre
11,502 Sq Ft Lot

Last Sold December 31, 2014

Last sale price $235,000

Est. 640% increase in value since last sale

Current estimated payment $10,322/month

863 Days on Market

Highlights

  • 81 Feet of Waterfront
  • Gated Community
  • Community Pool
  • Community Beach Access
  • Pond View
  • Tennis Courts

About This Lot

As of December 2014

THE LAST BUCK ISLAND LOT FOR YOUR DREAM HOME WITH SELLER FINANCE TERMS AVAILABLE TO QUALIFIED BUYER! IN A TIME WHEN LOT FINANCING THROUGH THE BANKS IS TOUGH WE CAN NEGOTIATE! BUCK ISLAND IS PREMIER QUALITY COMMUNITY WALK TO SHOPPING, MOVIES, AND FAMILY AMUSEMENTS THIS RARE OPPORTUNITY IS NOT A DUPLEX OR CHARLESTON HOMESITE. THIS IS THE REAL McCOY A SINGLE FAMILY HOMESITE ON A FINISHED CUL DE SAC WITH BEACH ACCESS. AN OCEANFRONT COMMUNITY WITH THE BEST OF THE OUTER BANKS AMMENITIES AND CHARM!!! SELLER FINANCING TO THE RIGHT BUYER.

Last Agent to Sell the Property

David Hoare

SAGA Realty and Construction License #169514 Listed on: 08/19/2012

Last Buyer's Agent

David Hoare

SAGA Realty and Construction License #169514 Listed on: 08/19/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,334

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 81x142
  • 81 Feet of Waterfront
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $259 Monthly HOA Fees

Property Views

  • Pond Views

Utilities

  • Private Water Source
  • Municipal Utilities District Sewer

Listing and Financial Details

  • Tax Block #1

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, security, tennis courts, walkways
  • Lighthouse Services Association, Phone Number (252) 453-4343
  • Bi Buck Island Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Common Area
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,334

Lot Details

0

HOA Fees

$259 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: North to Corolla on Hwy12 across the street fom TIMBUCK11 Shops and turn right at Buck Island
  • Subdivision Name: Buck Island P.U.D.
  • Headline: SELLER FINANCE BUCK ISL LOT
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Section: #1
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res
  • Deed Book Pg Number: 428
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 81
  • View: Pond
  • Water Frontage: 81

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Gated Community, Ocean Access, Outdoor-Comm. Tennis, Outdoor-Comm. Pool, Playground, Boardwalk to Beach, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3108
  • Hoa Contact: Lighthouse Services
  • HOA Contact: 252-453-4343
  • Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways

Lot Info

  • Estimated Lot Sq Ft: 11502
  • Lot Description: Common Area, Cul-de-sac, Level, Water Frontage
  • Lot Faces: E
  • Lot Size: 81X142
  • Deed Book: 1182
  • Unit/Lot Number: lot 26

Tax Info

  • Year: 2013
  • Taxes: 1333.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2012
Closed on
Dec 23, 2014
Sold by
Lagos William J and The William J Algos Trust
Bought by
Nagel Walter and Kaucic Karen L
Seller's Agent
David Hoare
SAGA Realty and Construction
Buyer's Agent
David Hoare
SAGA Realty and Construction
List Price
$299,000
Sold Price
$235,000
Premium/Discount to List
-$64,000
-21.4%
Current Estimated Value
$1,739,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,504,448
Avg. Annual Appreciation
20.59%
Original Mortgage
$185,000
Interest Rate
4.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 9, 2011
Sold by
Lagos William J and Lagos Ann D
Bought by
Lagos William J and The William J Lagos Trust
Source: Public Records

Range of Values:

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Average Value
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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
Nagel Walter $235,000 Attorney
Lagos William J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nagel Walter $920,000
Closed Nagel Walter $950,000
Closed Nagel Walter L $850,000
Closed Nagel Walter $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2014 12/31/14 Sold $235,000 -21.4% --
12/30/2014 12/30/14 Pending -- -- --
08/19/2012 08/19/12 For Sale $299,000 -- --
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 $7,891 $1,060,600 $302,500 $758,100
2023 $7,891 $1,060,600 $302,500 $758,100
2022 $5,845 $1,060,600 $302,500 $758,100
2021 $5,830 $1,048,500 $275,000 $773,500
2020 $6,053 $1,048,500 $275,000 $773,500
2019 $6,032 $1,048,500 $275,000 $773,500
2018 $1,728 $275,000 $275,000 $0
2017 $1,320 $275,000 $275,000 $0
2016 $1,320 $275,000 $275,000 $0
2015 $1,320 $275,000 $275,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 75987

Outer Banks Association of REALTORS®

APN: 116B-000-0026-0000