NOT LISTED FOR SALE

8504 Caratoke Hwy Powells Point, NC 27966

Southern Currituck Neighborhood

Estimated Value: $378,359

3 Beds
1.5 Baths
2,289 Sq Ft
$165/Sq Ft Est. Value

Last Sold August 05, 2014

Last sale price $91,000 $40 Per Sq Ft

Est. 316% increase in value since last sale

Current estimated payment $2,384/month

66 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Central Heating and Cooling System
  • Ranch Style House
  • Sun or Florida Room
  • Level Lot

About This Home

As of August 2014

HERE IT IS! AN OUTSTANDING INVESTMENT OPPORTUNITY. A NEARLY ONE ACRE LOT WITH BRICK HOME HAS 200 FEET FRONTING THE 158 HIGHWAY WITH DIRECT ACCESS. ALREADY ZONED COMMERCIAL. OUTSTANDING VISIBILITY. POTENTIAL ABOUNDS FOR YOUR NEEDS. ADD YOUR DECORATING TOUCHES AND IMPROVEMENTS TO THE 3 BEDROOM RANCH HOME FOR A RESIDENCE OR MAKE IT A SUPER VISIBLE BUSINESS. A MUST SEE PROPERTY JUST A FEW MILES TO THE BEACH.

Last Agent to Sell the Property

Mary Fouty-Davis

Sun Realty - Kitty Hawk / Currituck License #149905 Listed on: 05/16/2014

Last Buyer's Agent

Gary Woodson

OBHOA, LLC License #262354

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $557

Year Built

  • Built in 1962

Lot Details

  • 0.96 Acre Lot
  • Lot Dimensions are 201 x 184 x 204 x 185
  • Level Lot
  • Wooded Lot
  • Property is zoned COMMERCIAL

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Masonry Perimeter Foundation
  • Asphalt Shingled Roof
  • Masonry

Interior Spaces

  • 2,289 Sq Ft Home
  • Wood Burning Fireplace
  • Sun or Florida Room
  • Oven or Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Unpaved Parking
  • Off-Street Parking

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$557

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Ranch
  • Bank Owned: Yes
  • Directions: ON CARATOKE HIGHWAY ABOUT 4 MILES OVER BRIDGE, JUST SOUTH OF COINJOCK FARMS AND NORTH OF BARNHILL
  • Flood Zone: X
  • Subdivision Name: GRIGGS HOME LOT
  • Headline: CRIES COMMERCIAL ON CARATOKE
  • Heated Sq Ft: 2289
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: COMMERCIAL
  • Deed Book Pg Number: 405
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Bedrooms: 3
  • Floor Coverings: Carpet, Wood
  • Foundation: Masonry
  • Full Bathrooms: 1
  • Interior Amenities: Wood Fireplace
  • Optional Rooms: Sun/Florida Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Masonry
  • Exterior: Brick
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 200

Garage/Parking

  • Parking: Off Street, Unpaved

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 41818
  • Lot Description: Level, Wooded
  • Lot Size: 201 X 184 X 204 X 185
  • Deed Book: 1285

Rental Info

  • Other Expenses: 60760

Building Info

  • Year Built: 1962

Tax Info

  • Year: 2013
  • Taxes: 557

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2019
Sold by
Epr Resorts Llc
Bought by
H2obx Llc
Current Estimated Value
$378,359

Purchase Details

Listed on
May 16, 2014
Closed on
Aug 5, 2014
Sold by
U S Bank Trust Na
Bought by
Barnhill Contracting Company
Seller's Agent
Mary Fouty-Davis
Sun Realty - Kitty Hawk / Currituck
Buyer's Agent
Gary Woodson
OBHOA, LLC
List Price
$94,900
Sold Price
$91,000
Premium/Discount to List
-$3,900
-4.11%

Purchase Details

Closed on
Apr 2, 2014
Sold by
Spruill Griggs Wilbur Ray and Spruill Griggs Minnie
Bought by
U S Bank Trust N A
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
H2obx Llc $38,165,000 First American Title
Barnhill Contracting Company $91,000 None Available
U S Bank Trust N A $111,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2014 08/05/14 Sold $91,000 -4.1% $40 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
05/16/2014 05/16/14 For Sale $94,900 -- $41 / 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
2021 $918 $176,700 $96,000 $80,700
2020 $848 $176,700 $96,000 $80,700
2019 $848 $176,700 $96,000 $80,700
2018 $848 $60,800 $60,800 $0
2017 $292 $178,100 $60,800 $117,300
2016 $969 $178,100 $60,800 $117,300
2015 $969 $178,100 $60,800 $117,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mary Fouty-Davis

    Sun Realty - Kitty Hawk / Currituck

    (252) 261-3892

    Mary Fouty-Davis
    Section Image

  • G

    Buyer's Agent in 2014

    Gary Woodson

    OBHOA, LLC

    13 in this area

    24 Total Sales

    Gary Woodson
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 83713

Outer Banks Association of REALTORS®

APN: 0124-000-137E-0000

North Carolina Currituck County Powells Point 27941 Southern Currituck

8504 Caratoke Hwy, Powells Point, NC

This home is located at 8504 Caratoke Hwy, Powells Point, NC 27966 since 16 May 2014 and is currently priced at $378,359, approximately $165 per square foot. This property was built in 1962. 8504 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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