NOT LISTED FOR SALE

8547 Caratoke Hwy Powells Point, NC 27966

Southern Currituck Neighborhood

Estimated Value: $89,254

0.72 Acre
$123,964 Price per Acre
31,363 Sq Ft Lot

Last Sold May 30, 2023

Last sale price $85,000

Est. 5% increase in value since last sale

Current estimated payment $517/month

5 Days on Market

About This Lot

As of May 2023

Commercial property 3 miles north of the Wright Memorial Bridge and almost directly across the highway from the H2OBX Waterpark entrance. This .72 acre lot is zoned "general business" offering a lot of flexibilty for potential uses.

Last Agent to Sell the Property

Mark Pearson

Real Broker, LLC License #224976 Listed on: 05/04/2023

Real Broker, LLC

Last Buyer's Agent

Mark Pearson

Real Broker, LLC License #224976 Listed on: 05/04/2023

Real Broker, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $396

Lot Details

  • 0.72 Acre Lot
  • Property is zoned GB-GEN BUS

Property Details

Property Type

Land

Est. Annual Taxes

$396

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: Just south of the H2OBX Waterpark, across the highway from Bay Diposal.
  • Flood Zone: X
  • Headline: GB Zoning across from H2OBX
  • L V T Date: 05/04/2023
  • Sale/Rent: For Sale
  • Zoning: GB-GEN BUS
  • Deed Book Pg Number: 811
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C27563
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Estimated Lot Sq Ft: 31363
  • Estimated Lot Size: 0.72
  • Deed Book: 1390

Tax Info

  • Year: 2022
  • Taxes: 395.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
May 25, 2023
Sold by
Outer Banks Brewing Llc
Bought by
Ramos Luis Alonso Miran
Seller's Agent
Mark Pearson
Real Broker, LLC
Buyer's Agent
Mark Pearson
Real Broker, LLC
List Price
$85,000
Sold Price
$85,000
Views
24
Current Estimated Value
$89,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,254
Avg. Annual Appreciation
2.67%

Purchase Details

Listed on
Apr 6, 2016
Closed on
Dec 8, 2016
Sold by
Drumspot Llc
Bought by
Outer Banks Brewing Llc
Seller's Agent
Billy Griggs
Harrell & Associates
Buyer's Agent
Mark Pearson
Real Broker, LLC
List Price
$62,500
Sold Price
$62,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%

Purchase Details

Listed on
Apr 17, 2012
Closed on
Aug 15, 2014
Sold by
Sandy Toes Llc
Bought by
Drumspot Llc
Seller's Agent
Ilona Matteson
Beach Realty & Construction
Buyer's Agent
Billy Griggs
Harrell & Associates
List Price
$75,000
Sold Price
$19,000
Premium/Discount to List
-$56,000
-74.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.34%

Purchase Details

Closed on
Jan 16, 2006
Sold by
Murray Fred C and Murray Nancy M
Bought by
Sandy Toes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
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
Ramos Luis Alonso Miran $510,000 None Listed On Document
Outer Banks Brewing Llc $62,500 Attorney
Drumspot Llc $19,000 Attorney
Sandy Toes Llc $180,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sandy Toes Llc $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $85,000 0.0% --
05/09/2023 05/09/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $85,000 +36.0% --
12/15/2016 12/15/16 Sold $62,500 0.0% --
11/21/2016 11/21/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $62,500 +228.9% --
08/15/2014 08/15/14 Sold $19,000 -74.7% --
02/28/2014 02/28/14 Pending -- -- --
04/17/2012 04/17/12 For Sale $75,000 -- --
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 $533 $86,000 $86,000 $0
2023 $482 $86,000 $86,000 $0
2022 $396 $86,000 $86,000 $0
2021 $396 $72,000 $72,000 $0
2020 $346 $72,000 $72,000 $0
2019 $346 $72,000 $72,000 $0
2018 $346 $72,000 $72,000 $0
2017 $346 $72,000 $72,000 $0
2016 $346 $72,000 $72,000 $0
2015 $346 $72,000 $72,000 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mark Pearson

    Real Broker, LLC

    (252) 573-9198

    3 in this area

    37 Total Sales

    Mark Pearson
    Section Image

  • B

    Seller's Agent in 2016

    Billy Griggs

    Harrell & Associates

    Section Image
  • Ilona Matteson

    Seller's Agent in 2014

    Ilona Matteson

    Beach Realty & Construction

    (252) 619-5225

    59 Total Sales

    Ilona Matteson
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 122147

Outer Banks Association of REALTORS®

APN: 0124-000-0110-0000

North Carolina Currituck County Powells Point 27966 Southern Currituck

8547 Caratoke Hwy, Powells Point, NC

This home is located at 8547 Caratoke Hwy, Powells Point, NC 27966 since 04 May 2023 and is currently estimated at $89,254. 8547 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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