NOT LISTED FOR SALE

Estimated Value: $682,000 - $774,000

0 Acre
-- Price per Acre
0 Sq Ft Lot

Last Sold February 26, 2021

Last sale price $52,500

Est. 1,299% increase in value since last sale

Current estimated payment $4,382/month

10 Days on Market

Highlights

  • Boat Dock
  • Clubhouse
  • Tennis Courts
  • Health Club
  • Community Pool
  • Cul-De-Sac

About This Lot

As of February 2021

Great private cul de sac lot located in X Flood Zone, so no flood insurance is required! Monteray Shores is a wonderful community with plenty amenities for all kinds of summer fun such as a health club, pool, playground, basketball courts, tennis, boat ramp, and more! Terrific building lot for your new beach home. Lot is priced well below tax assessment!

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 01/15/2021

Last Buyer's Agent

Raju Uppalapati

Outer Banks Realty Group License #187530

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $371

HOA Fees

  • $93 Monthly HOA Fees

Additional Features

  • Cul-De-Sac
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Kathy Scott Association
  • Monteray Shores Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Dock
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$371

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: X
  • Headline: Great Building lot
  • L V T Date: 01/15/2021
  • Roads: Paved
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 367
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Boat Ramp, Clubhouse, Health Club, Outdoor-Comm. Tennis, Outdoor-Comm. Pool, Playground, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 1110
  • Hoa Contact: Kathy Scott
  • HOA Contact: 2

Lot Info

  • Lot Description: Cul-de-sac
  • Deed Book: 1233
  • Unit/Lot Number: Lot# 259

Tax Info

  • Year: 2020
  • Taxes: 371

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2023
Sold by
Franken Stacy Ellen
Bought by
Stacy E Franken Revocable Trust and Franken
Current Estimated Value
$734,728

Purchase Details

Closed on
Jan 3, 2022
Sold by
Homes By Eillu Llc
Bought by
Franken Stacy Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2012
Sold by
Corolla Associates
Bought by
Riggs Lawrence W and Pickett Owen B
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
Stacy E Franken Revocable Trust -- None Listed On Document
Franken Stacy Ellen $605,000 None Available
Riggs Lawrence W $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franken Stacy Ellen $404,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $52,500 -12.4% --
01/25/2021 01/25/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $59,900 +19.8% --
02/19/2013 02/19/13 Sold $50,000 -47.4% --
10/30/2012 10/30/12 Pending -- -- --
04/28/2012 04/28/12 For Sale $95,000 -- --
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 $3,427 $422,900 $50,000 $372,900
2023 $3,427 $422,900 $50,000 $372,900
2022 $2,593 $422,900 $50,000 $372,900
2021 $255 $70,000 $70,000 $0
2020 $371 $70,000 $70,000 $0
2019 $371 $70,000 $70,000 $0
2018 $0 $70,000 $70,000 $0
2017 $336 $70,000 $70,000 $0
2016 $336 $70,000 $70,000 $0
2015 -- $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112442

Outer Banks Association of REALTORS®

APN: 115C-000-0259-0000