NOT LISTED FOR SALE

8378 Caratoke Hwy Powells Point, NC 27966

Southern Currituck Neighborhood

Estimated Value: $377,000 - $1,921,677

2 Beds
2.5 Baths
1,525 Sq Ft
$571/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $120,000 $79 Per Sq Ft

Est. 625% increase in value since last sale

Current estimated payment $4,852/month

1,188 Days on Market

Highlights

  • 54,450 Sq Ft lot
  • Ceiling Fan
  • Level Lot
  • Central Heating and Cooling System
  • Baseboard Heating
  • Carpet

About This Home

As of November 2017

This is a great fixer upper for a residential home, there is multiple uses available for this property, 2 bedroom home, office or warehouse. Use as a residential home with 1.25 acres, shed, great fruit trees, peach, blueberry, pecan, along with 2 large magnolias and a wisteria. It is zoned General Business, you can use the bottom floor for business and live upstairs. Tear down and build new home if desired or business.

Last Agent to Sell the Property

Jim Soles

Soles Realty OBX License #225412 Listed on: 05/16/2014

Last Buyer's Agent

Carolyn Bibeau

Carolyn Bibeau Real Estate Sales License #237886

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $929

Year Built

  • Built in 1978

Lot Details

  • 1.25 Acre Lot
  • Level Lot
  • Property is zoned GB

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,525 Sq Ft Home
  • Ceiling Fan
  • Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Baseboard Heating
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot # none

Home Details

Home Type

Single Family

Est. Annual Taxes

$929

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Extras: Ceiling Fan(s)
  • Flood Zone: X
  • Headline: Multiple Use, High Visability
  • Heated Sq Ft: 1525
  • Roads: Paved
  • Sale/Rent: For Sale
  • Zoning: GB
  • Deed Book Pg Number: 186
  • Office License Number: C21801
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Bedrooms: 2
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Slab
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Vinyl
  • Roof: Asphalt/Fiber Shingle

Utilities

  • Cooling: Central
  • Heating: Baseboard, Central
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Well

Lot Info

  • Estimated Lot Sq Ft: 54450
  • Lot Description: Level
  • Lot Size: see assoc docs
  • Lot Number: Lot # none
  • Deed Book: 1285

Building Info

  • Year Built: 1978

Tax Info

  • Year: 2013
  • Taxes: 929.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2014
Closed on
Nov 28, 2017
Sold by
Melson Zadoke A and Melson Pamela
Bought by
Jenkins Robert and Jenkins Sherri
Seller's Agent
Jim Soles
Soles Realty OBX
Buyer's Agent
Carolyn Bibeau
Carolyn Bibeau Real Estate Sales
List Price
$174,000
Sold Price
$120,000
Premium/Discount to List
-$54,000
-31.03%
Current Estimated Value
$870,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$750,419
Avg. Annual Appreciation
25.65%
Original Mortgage
$117,826
Outstanding Balance
$99,883
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$610,855

Purchase Details

Closed on
Mar 18, 2014
Sold by
Park Cloey M
Bought by
Dickerson Pamela D
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
Jenkins Robert $992,500 None Available
Dickerson Pamela D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Robert $117,826
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2017 11/30/17 Sold $120,000 -31.0% $79 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
05/16/2014 05/16/14 For Sale $174,000 -- $114 / 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
2024 $1,756 $242,000 $100,200 $141,800
2023 $1,756 $242,000 $100,200 $141,800
2022 $1,362 $242,000 $100,200 $141,800
2021 $1,354 $169,800 $91,100 $78,700
2020 $980 $169,800 $91,100 $78,700
2019 $980 $169,800 $91,100 $78,700
2018 $975 $169,800 $91,100 $78,700
2017 $929 $169,800 $91,100 $78,700
2016 $929 $169,800 $91,100 $78,700
2015 -- $169,800 $91,100 $78,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jim Soles

    Soles Realty OBX

    Section Image

  • C

    Buyer's Agent in 2017

    Carolyn Bibeau

    Carolyn Bibeau Real Estate Sales

    (252) 562-2485

    1 in this area

    15 Total Sales

    Carolyn Bibeau
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 83692

Outer Banks Association of REALTORS®

APN: 0124-000-0065-0000

North Carolina Currituck County Powells Point 27941 Southern Currituck

8378 Caratoke Hwy, Powells Point, NC

This home is located at 8378 Caratoke Hwy, Powells Point, NC 27966 since 16 May 2014 and is currently estimated at $870,419, approximately $570 per square foot. This property was built in 1978. 8378 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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