NOT LISTED FOR SALE

Estimated Value: $378,819 - $498,000

0.34 Acre
$1,307,956 Price per Acre
14,810 Sq Ft Lot

Last Sold June 09, 2014

Last sale price $23,000

Est. 1,927% increase in value since last sale

Current estimated payment $2,619/month

151 Days on Market

Highlights

  • Home fronts a pond
  • Pond View
  • 1-minute walk to Knotts Island Ruritan Park

About This Lot

As of June 2014

Bank owned property will convey with Special Warranty Deed, Sold as is where is.

Last Agent to Sell the Property

Carolyn Bibeau

Carolyn Bibeau Real Estate Sales License #237886 Listed on: 12/16/2013

Last Buyer's Agent

Janice Scarborough

Howard Hanna Outer Banks Realt License #265742

Howard Hanna Outer Banks Realt

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $213

Lot Details

  • Home fronts a pond
  • Unpaved Streets

Property Views

  • Pond Views

Community Details

  • Carova Beach Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Property Type

Land

Est. Annual Taxes

$213

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Bank Owned: Yes
  • Directions: 12 N to 4-wheel drive area.
  • Flood Zone: Cobra
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Waterfront Location: Pondfront
  • Zoning: res
  • Deed Book Pg Number: 617
  • Special Features: 20
  • Property Sub Type: LotsLands

Exterior Features

  • View: Pond

Lot Info

  • Lot Description: Water Frontage
  • Deed Book: 1134
  • Unit/Lot Number: Lot 24

Tax Info

  • Year: 2012
  • Taxes: 213.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2013
Closed on
May 23, 2014
Sold by
First Troy Spe Llc
Bought by
Scarborough Brian and Scarborough Janice
Seller's Agent
Carolyn Bibeau
Carolyn Bibeau Real Estate Sales
Buyer's Agent
Janice Scarborough
Howard Hanna Outer Banks Realt
List Price
$45,000
Sold Price
$23,000
Premium/Discount to List
-$22,000
-48.89%
Current Estimated Value
$466,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,137
Avg. Annual Appreciation
30.30%
Original Mortgage
$17,250
Outstanding Balance
$13,406
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$431,299

Purchase Details

Closed on
Aug 31, 2010
Sold by
Uppalapati Raju V and Uppalapati Vijayasree
Bought by
First Troy Spe Llc

Purchase Details

Closed on
Jun 1, 2005
Sold by
Jones Randall L and Jones Stacey C
Bought by
Uppalapati Raju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,880
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving
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
Scarborough Brian $23,000 None Available
First Troy Spe Llc $85,000 None Available
Uppalapati Raju -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scarborough Brian $17,250
Previous Owner Uppalapati Raju $150,000
Previous Owner Uppalapati Raju $146,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2014 06/09/14 Sold $23,000 -48.9% --
05/16/2014 05/16/14 Pending -- -- --
12/16/2013 12/16/13 For Sale $45,000 -- --
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 $1,741 $198,500 $44,000 $154,500
2023 $1,741 $198,500 $44,000 $154,500
2022 $1,192 $198,500 $44,000 $154,500
2021 $1,164 $38,000 $38,000 $0
2020 $755 $38,000 $38,000 $0
2019 $186 $38,000 $38,000 $0
2018 $182 $38,000 $38,000 $0
2017 $182 $38,000 $38,000 $0
2016 $182 $38,000 $38,000 $0
2015 $182 $38,000 $38,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 81674

Outer Banks Association of REALTORS®

APN: 087A-000-0024-0008