NOT LISTED FOR SALE

Estimated Value: $1,548,000 - $1,852,000

0.32 Acre
$5,455,619 Price per Acre
13,939 Sq Ft Lot

Last Sold January 13, 2021

Last sale price $300,000

Est. 482% increase in value since last sale

Current estimated payment $10,602/month

201 Days on Market

Highlights

  • Community Beach Access
  • Home fronts a canal
  • Tennis Courts
  • Gated Community
  • Community Pool
  • Cul-De-Sac

About This Lot

As of January 2021

BEST COMMUNITY IN OUTER BANKS BUCK ISLAND PRESTIGE AND SOUTHERN BEACH CHARM WITH SUPERMARKET SHOPPING ONE MINUTE AWAY, MOVIE HOUSE THREE MINUTES WALK AWAY, ATLANTIC OCEAN TWO MINUTES WALK AWAY. CUSTOM LIGHTS ON BOARDWALK, LOT HAS RAISED ELEVATION. THIS HOME SITE IS HIGH, FILLED, BULK HEADED, ALL SURROUNDING HOMES BUILT, CHANCE OF A LIFETIME TO BE LIVING THE DREAM AND IT CAN BE IN A BRAND NEW HOME AT UNBELIEVABLE INTEREST RATES AND TERMS AT A DISCOUNTED PRICE. PLANS CAN BE VIEWED OR DESIGNED FOR YOUR FAMILY NEEDS> BE THE LAST ONE ON THE BLOCK TO BE THE BEST ONE ON THE BLOCK. BUCK ISLAND FILLS ALL YOUR CHECK LIST. COME AND SEE WHAT WE ARE TALKING ABOUT!

Last Agent to Sell the Property

David Hoare

SAGA Realty and Construction License #169514 Listed on: 05/08/2020

Co-Listed By

Holly Britt

SAGA Realty and Construction License #200150

Last Buyer's Agent

David Hoare

SAGA Realty and Construction License #169514 Listed on: 05/08/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,590

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 154x96x169x90
  • Home fronts a canal
  • Property fronts a private road
  • Cul-De-Sac
  • Lot includes common area
  • Level Lot
  • Cleared Lot

HOA Fees

  • $272 Monthly HOA Fees

Additional Features

  • Canal Views
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, security, tennis courts, walkways
  • Signature Touch Management Association, Phone Number (252) 441-8857
  • 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

$1,590

Lot Details

0

HOA Fees

$272 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Premier Community ACROSS THE STREET FROM TIM BUCK 2 SHOPPING . HEAD NORTH ON HWY 12 TO COROLLA ABOUT 12 MILES ON THE RIGHT.
  • Subdivision Name: Buck Island
  • Headline: Ocean 2 Minutes
  • L V T Date: 05/08/2020
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Canalfront
  • Zoning: Res
  • Deed Book Pg Number: 321
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C18181
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canal

Utilities

  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal
  • 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: 3264
  • Hoa Contact: Signature Touch Management
  • HOA Contact: 252-441-8857
  • Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways

Lot Info

  • Estimated Lot Sq Ft: 13831
  • Lot Description: Adj. To Common Area, Bulkheaded, Common Area, Cul-de-sac, Level, Water Frontage, Cleared
  • Lot Faces: E
  • Lot Size: 154X96X169X90
  • Estimated Lot Size: 0.32
  • Deed Book: 1133
  • Unit/Lot Number: Lot #38

Tax Info

  • Year: 2020
  • Taxes: 1590

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jan 4, 2021
Sold by
Petrucci Jeffrey S and Petrucci Karen R
Bought by
Russomano Richard G and Russomano Dianne
Seller's Agent
David Hoare
SAGA Realty and Construction
Buyer's Agent
David Hoare
SAGA Realty and Construction
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$1,745,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,445,798
Avg. Annual Appreciation
48.33%

Purchase Details

Closed on
Aug 24, 2010
Sold by
Richardson Thomas J and Richardson Nancy
Bought by
Petrucci Jeffrey S and Petrucci Karen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.61%
Mortgage Type
Commercial
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
Russomano Richard G $300,000 None Available
Petrucci Jeffrey S $289,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russomano Richard G $124,000
Previous Owner Petrucci Jeffrey S $300,000
Previous Owner Petrucci Jeffrey S $300,000
Previous Owner Richardson Thomas J $345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2021 01/13/21 Sold $300,000 0.0% --
11/25/2020 11/25/20 Pending -- -- --
10/04/2020 10/04/20 For Sale $299,900 0.0% --
09/22/2020 09/22/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $299,900 0.0% --
08/18/2020 08/18/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $299,900 -- --
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 $7,254 $969,600 $287,100 $682,500
2023 $7,254 $611,600 $287,100 $324,500
2022 $1,528 $299,700 $287,100 $12,600
2021 $1,528 $300,000 $300,000 $0
2020 $1,590 $300,000 $300,000 $0
2019 $1,590 $300,000 $300,000 $0
2018 $1,590 $300,000 $300,000 $0
2017 $1,440 $300,000 $300,000 $0
2016 $1,440 $300,000 $300,000 $0
2015 $1,440 $300,000 $300,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109182

Outer Banks Association of REALTORS®

APN: 116B-000-0038-0000