NOT LISTED FOR SALE

8474 Caratoke Hwy Unit 202 Powells Point, NC 27966

Southern Currituck Neighborhood
-- Bed
-- Bath
-- Sq Ft
871 Sq Ft Lot

Last Sold December 17, 2014

Last sale price $71,000

43 Days on Market

About This Home

As of December 2014

One of five units. Open floor plans with one bathroom and a kitchen in each unit. Great space for many possibilities. Located about three miles north of the Wright Memorial Bridge on a major highway. Seller will sell individual units or all five units at a discount for $395,500.00.

Last Agent to Sell the Property

Gary Woodson

OBHOA, LLC License #262354 Listed on: 09/02/2014

Last Buyer's Agent

Gary Woodson

OBHOA, LLC License #262354 Listed on: 09/02/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $428

Year Built

  • Built in 2007

Lot Details

  • Level Lot

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Flooring

  • Carpet
  • Concrete

Parking

  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$428

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: COMMERCIAL/INDUSTRIAL
  • Bank Owned: Yes
  • Headline: Hwy Frontage/Office
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Zoning: GB
  • Deed Book Pg Number: 933
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation: Slab
  • Floor Covering: Carpet, Concrete

Exterior Features

  • Construction: Frame
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage Details: Parking Lot, Paved, Off Street

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal Water

Lot Info

  • Lot Description: Common Area, Level
  • Deed Book: 1290
  • Unit/Lot Number: Unit #202

Rental Info

  • Gross Income Range: Call Agent

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2014
  • Taxes: 428.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2014
Closed on
Dec 18, 2014
Sold by
Southern Bank & Trust Company
Bought by
Ck Carroll Llc
Seller's Agent
Gary Woodson
OBHOA, LLC
Buyer's Agent
Gary Woodson
OBHOA, LLC
List Price
$87,900
Sold Price
$71,000
Premium/Discount to List
-$16,900
-19.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,750
Outstanding Balance
$237,808
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 2014
Sold by
Casablanca Holdings Llc
Bought by
Southern Bank & Trust Company and Federal Deposit Insurance Corporation

Purchase Details

Closed on
Jul 13, 2007
Sold by
Rava Developments Llc
Bought by
Casablanca Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,240
Interest Rate
6.71%
Mortgage Type
Commercial
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
Ck Carroll Llc $355,000 Attorney
Southern Bank & Trust Company $81,432 None Available
Casablanca Holdings Llc $194,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ck Carroll Llc $301,750
Previous Owner Casablanca Holdings Llc $165,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2014 12/17/14 Sold $71,000 -19.2% --
10/15/2014 10/15/14 Pending -- -- --
09/02/2014 09/02/14 For Sale $87,900 -- --
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 $588 $94,800 $8,600 $86,200
2023 $588 $94,800 $8,600 $86,200
2022 $436 $94,800 $8,600 $86,200
2021 $436 $89,200 $8,600 $80,600
2020 $428 $89,200 $8,600 $80,600
2019 $428 $89,200 $8,600 $80,600
2018 $428 $89,200 $8,600 $80,600
2017 $428 $89,200 $8,600 $80,600
2016 $428 $89,200 $8,600 $80,600
2015 -- $89,200 $8,600 $80,600
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Gary Woodson

    OBHOA, LLC

    13 in this area

    24 Total Sales

    Gary Woodson
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 85045

Outer Banks Association of REALTORS®

APN: 124G-000-0202-0000

North Carolina Currituck County Powells Point 27941 Southern Currituck

8474 Caratoke Hwy Unit 202, Powells Point, NC

This home is located at 8474 Caratoke Hwy Unit 202, Powells Point, NC 27966 since 02 September 2014. This property was built in 2007. 8474 Caratoke Hwy Unit 202 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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