NOT LISTED FOR SALE

8556 Caratoke Hwy Powells Point, NC 27966

Southern Currituck Neighborhood

Estimated Value: $452,000 - $639,000

4 Beds
2.5 Baths
3,960 Sq Ft
$139/Sq Ft Est. Value

Last Sold July 10, 2019

Last sale price $280,000 $71 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,956/month

About This Home

As of July 2019

This property consists of 2 structures on 1.23 acres...a residential home and a log cabin that can be used as an office building.

Last Agent to Sell the Property

Cathy Turner

Village Realty Holdings, LLC - NH License #187958 Listed on: 05/09/2019

Last Buyer's Agent

Cathy Turner

Village Realty Holdings, LLC - NH License #187958 Listed on: 05/09/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,697

Year Built

  • Built in 1987

Lot Details

  • 1.23 Acre Lot
  • Property is zoned GB

Home Design

  • 3,960 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,697

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Directions: Just south of the H2OBX Water Park
  • Heated Sq Ft: 3960
  • L V T Date: 07/24/2019
  • Sale/Rent: For Sale
  • Zoning: GB
  • Deed Book Pg Number: E/111
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26996
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Lot Info

  • Estimated Lot Sq Ft: 53650
  • Estimated Lot Size: 1.23
  • Deed Book: 05

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2018
  • Taxes: 1697

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2024
Sold by
8556 E Caratoke Hwy Llc
Bought by
Jt Jones Gas Appliances Incorporated
Current Estimated Value
$502,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,194,300
Outstanding Balance
$2,183,680
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
-$1,641,858

Purchase Details

Listed on
May 9, 2019
Closed on
Jul 11, 2019
Sold by
Mccain Joseph P and Mccain Linda O
Bought by
8556 E Caratoke Hwy Llc
Seller's Agent
Cathy Turner
Village Realty Holdings, LLC - NH
Buyer's Agent
Cathy Turner
Village Realty Holdings, LLC - NH
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.41%
Original Mortgage
$224,000
Interest Rate
3.82%
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
Jt Jones Gas Appliances Incorporated -- None Listed On Document
8556 E Caratoke Hwy Llc $280,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jt Jones Gas Appliances Incorporated $2,194,300
Previous Owner 8556 E Caratoke Hwy Llc $224,000
Previous Owner Mccain Audrey E $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2019 07/10/19 Sold $280,000 0.0% $71 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $280,000 -- $71 / 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 $2,606 $379,100 $111,500 $267,600
2023 $2,606 $379,100 $111,500 $267,600
2022 $1,983 $379,100 $111,500 $267,600
2021 $1,975 $334,500 $122,700 $211,800
2020 $1,698 $322,400 $122,700 $199,700
2019 $1,698 $322,400 $122,700 $199,700
2018 $1,698 $322,400 $122,700 $199,700
2017 $1,662 $322,400 $122,700 $199,700
2016 $1,662 $322,400 $122,700 $199,700
2015 $1,638 $318,100 $122,700 $195,400
Source: Public Records

Agents Affiliated with this Home

  • Cathy Turner

    Seller's Agent in 2019

    Cathy Turner

    Village Realty Holdings, LLC - NH

    (252) 449-8765

    1 in this area

    55 Total Sales

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 105942

Outer Banks Association of REALTORS®

APN: 0124-000-0125-0000

North Carolina Currituck County Powells Point 27941 Southern Currituck

8556 Caratoke Hwy, Powells Point, NC

This home is located at 8556 Caratoke Hwy, Powells Point, NC 27966 since 09 May 2019 and is currently estimated at $549,869, approximately $138 per square foot. This property was built in 1987. 8556 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.
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