NOT LISTED FOR SALE

1004 Cruz Bay Ln Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $1,362,000 - $1,601,080

0.37 Acre
$4,023,027 Price per Acre
16,117 Sq Ft Lot

Last Sold June 18, 2020

Last sale price $195,000

Est. 694% increase in value since last sale

Current estimated payment $9,113/month

Highlights

  • Community Beach Access
  • Home fronts a sound
  • Timber
  • Views of a Sound
  • Cul-De-Sac
  • Level Lot

About This Lot

As of June 2020

Escape the ordinary as you discover coastal living where nature and luxury share a common thread. Indulge inyour own oasis with upscale, waterfront living surrounded by the ebb and flow of the great outdoors. Soundfront at Corolla Bay offers a boutiquestyle community with 48 coastal residences. Each luxury home provides a retreat-like destination, that feels both secluded and convenient to allthat Corolla and the Outer Banks have to offer. Living in this picturesque, waterfront community will provide easy access to a plethora ofoutdoor recreation. Enjoy fishing, paddle boarding, kayaking, bird-watching, or simply relaxing while watching a colorful sunset from thecommunity pier. If you prefer fun in the sand and the blue waters of Corolla’s most beautiful beaches, you are just quick walk or bike ride away.Thoughtful design with modern details are showcased in the four new home plans that are offered in Soundfront at Corolla Bay. Homes start inthe low $500’s and offer a wide variety of customizable features to meet your needs. Each home was crafted to maximize exposure to waterviews with window placement, expansive porch space, efficient and effortless flow, and a focus on creating memories with large gathering andentertaining spaces both inside and out. Your slice of paradise awaits you in the idyllic coastal community of Soundfront at Corolla Bay!

Last Agent to Sell the Property

Sumit Gupta

VR Real Estate Advisors, LLC License #212627 Listed on: 05/12/2020

Co-Listed By

Tammy Aycock

SAGA Realty and Construction License #174696

Last Buyer's Agent

* **Not a Member

**Not a Member License #NA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,214

Lot Details

  • Home fronts a sound
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $83 Monthly HOA Fees

Utilities

  • Private Water Source
  • Private Sewer

Additional Features

  • Views of a Sound
  • Timber

Community Details

Overview

  • Association fees include common electric, common insurance, management, taxes, walkways
  • Jeff Sheilds Association
  • Corolla Bay Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,214

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: AE
  • Subdivision Name: Corolla Bay Section 1
  • Headline: Soundfront lot/home package
  • L V T Date: 05/12/2020
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Timber: Scattered
  • Deed Book Pg Number: 0394
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C18181
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Sound

Utilities

  • Sewer/Septic System: Private Sewer
  • Water: Private
  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Sound Access, Boardwalk to Beach
  • Association Fee: Yes
  • Estimated Annual Fee: 1000
  • Hoa Contact: Jeff Sheilds
  • HOA Contact: Seaside Management
  • Fee Includes: Common Electric, Common Insurance, Management, Taxes, Walkways

Lot Info

  • Lot Description: Cul-de-sac, Level, Water Frontage
  • Lot Faces: W
  • Deed Book: 1526
  • Unit/Lot Number: Lot 23

Tax Info

  • Year: 2019
  • Taxes: 1214

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2022
Sold by
Taylor Christopher A
Bought by
1004 Cruz Bay Lane Llc
Current Estimated Value
$1,548,075

Purchase Details

Listed on
May 12, 2020
Closed on
Jun 17, 2020
Sold by
Sf Corolla Bay Llc
Bought by
Taylor Christopher A
Seller's Agent
Sumit Gupta
VR Real Estate Advisors, LLC
Buyer's Agent
* **Not a Member
**Not a Member
List Price
$195,000
Sold Price
$195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.39%

Purchase Details

Closed on
Mar 20, 2020
Sold by
Northeastern Nc Prop Carolla Soundside L
Bought by
Sf Corolla Bay Llc

Purchase Details

Closed on
Jun 30, 2014
Sold by
Corolla Bay Llc
Bought by
Northeastern North Carolina Properties C
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
1004 Cruz Bay Lane Llc -- Hanger Law
Taylor Christopher A $195,000 None Available
Sf Corolla Bay Llc $844,500 None Available
Northeastern North Carolina Properties C $5,632,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Christopher A $530,060
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2020 06/18/20 Sold $195,000 0.0% --
05/12/2020 05/12/20 For Sale $195,000 -- --
05/07/2020 05/07/20 Pending -- -- --
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 $6,646 $846,900 $195,000 $651,900
2023 $6,646 $846,900 $195,000 $651,900
2022 $714 $846,900 $195,000 $651,900
2021 $1,416 $229,000 $229,000 $0
2020 $1,214 $229,000 $229,000 $0
2019 $1,214 $229,000 $229,000 $0
2018 $1,214 $229,000 $229,000 $0
2017 $1,099 $229,000 $229,000 $0
2016 $1,099 $229,000 $229,000 $0
2015 $1,099 $400,000 $400,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Sumit Gupta

    Seller's Agent in 2020

    Sumit Gupta

    VR Real Estate Advisors, LLC

    (252) 207-8997

    3 in this area

    16 Total Sales

    Section Image
  • Tammy Aycock

    Seller Co-Listing Agent in 2020

    Tammy Aycock

    SAGA Realty and Construction

    (252) 207-6452

    14 in this area

    114 Total Sales

    Section Image

  • *

    Buyer's Agent in 2020

    * **Not a Member

    **Not a Member

See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109204

Outer Banks Association of REALTORS®

APN: 115E-000-0023-0000

North Carolina Currituck County Corolla 27927 Corolla

1004 Cruz Bay Ln, Corolla, NC

This home is located at 1004 Cruz Bay Ln, Corolla, NC 27927 since 12 May 2020 and is currently estimated at $1,488,520. 1004 Cruz Bay Ln is a home located in Currituck County with nearby schools including Knotts Island 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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