NOT LISTED FOR SALE

Estimated Value: $2,114,000 - $6,978,000

0.8 Acre
$5,658,698 Price per Acre
35,022 Sq Ft Lot

Last Sold February 17, 2020

Last sale price $1,110,000

Est. 310% increase in value since last sale

Current estimated payment $26,737/month

22 Days on Market

About This Lot

As of February 2020

OCEANFRONT HOMESITE

Last Agent to Sell the Property

Four Seasons Realty

Four Seasons Realty License #177785 Listed on: 01/26/2020

Co-Listed By

Robert Konstanzer

Four Seasons Realty License #189406

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785 Listed on: 01/26/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,873

Lot Details

  • Ocean Front
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Property Views

  • Ocean Views

Community Details

  • Whalehead Club Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$5,873

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: LOTS/LAND
  • L V T Date: 05/11/2020
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 10
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Deed Book Pg Number: 570
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C14915
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 50

Lot Info

  • Lot Description: Level
  • Deed Book: 1521
  • Unit/Lot Number: Lot 8

Tax Info

  • Year: 2019
  • Taxes: 5872.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2023
Sold by
Mangal Suresh C and Mangal Raj
Bought by
Mangal Joint Revocable Trust and Mangal
Current Estimated Value
$4,549,593

Purchase Details

Closed on
Dec 15, 2020
Sold by
Mangal Family Investment Llc
Bought by
Mangel Suresh C and Mangel Raj

Purchase Details

Listed on
Jan 26, 2020
Closed on
Feb 17, 2020
Sold by
Schaeffer Forrest R and Schaeffer Janice E
Bought by
Mangal Family Investment Llp
Seller's Agent
Four Seasons Realty
Four Seasons Realty
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$1,110,000
Sold Price
$1,110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.71%
Original Mortgage
$777,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 2001
Bought by
Schaeffer Forrest R and Schaeffer Janice E
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
Mangal Joint Revocable Trust -- None Listed On Document
Mangel Suresh C -- None Available
Mangal Family Investment Llp $1,110,000 None Available
Schaeffer Forrest R $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mangal Suresh C $1,500,000
Previous Owner Mangal Family Investment Llp $777,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2020 02/17/20 Sold $1,110,000 0.0% --
01/26/2020 01/26/20 Pending -- -- --
01/26/2020 01/26/20 For Sale $1,110,000 -- --
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 $19,283 $2,245,400 $1,094,800 $1,150,600
2023 $19,283 $2,245,400 $1,094,800 $1,150,600
2022 $15,641 $2,222,900 $1,094,800 $1,128,100
2021 $10,611 $833,000 $833,000 $0
2020 $5,873 $833,000 $833,000 $0
2019 $5,873 $833,000 $833,000 $0
2018 $5,873 $833,000 $833,000 $0
2017 $5,456 $833,000 $833,000 $0
2016 $5,498 $833,000 $833,000 $0
2015 $5,498 $833,000 $833,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109196

Outer Banks Association of REALTORS®

APN: 115A-000-0008-0010