NOT LISTED FOR SALE

1038 Corolla Dr Corolla, NC 27927

Estimated Value: $236,000 - $418,000

0.46 Acre
$704,348 Price per Acre
20,038 Sq Ft Lot

Last Sold December 18, 2024

Last sale price $290,000

Est. 12% increase in value since last sale

Current estimated payment $1,786/month

6 Days on Market

About This Lot

As of December 2024

An amazing opportunity to build your dream beach house or as investment! This homesite offers so many possibilities on this large 20,000 square foot lot. Enjoy the privacy of a large lot. Short walk to the beach or bike to nearby shops and restaurants. Corolla hosts some of the most beautiful beaches anywhere on the Outer Banks.

Last Agent to Sell the Property

Jon Frederick

Long & Foster Real Estate - Kitty Hawk / OBX Brokerage Phone: 252-722-2203 License #282442 Listed on: 10/25/2024

Long & Foster Real Estate - Kitty Hawk / OBX

Last Buyer's Agent

Tammy Russell

Keller Williams - Outer Banks License #152164

Keller Williams - Outer Banks

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,019

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100 x 200
  • Wooded Lot
  • Property is zoned SFO

HOA Fees

  • $4 Monthly HOA Fees

Utilities

  • Municipal Utilities District Water

Community Details

Overview

  • Https://Wpoa.Org/ Association
  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,019

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: X
  • Headline: Only 5 Lots to the Ocean!
  • L V T Date: 10/25/2024
  • Price Per Sq Ft: 14.5
  • Sale/Rent: For Sale
  • Section: 5
  • Waterfront Location: More than 5th row
  • Zoning: SFO
  • Deed Book Pg Number: 245
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C6190
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Water: Municipal
  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 45
  • Hoa Contact: https://wpoa.org/
  • HOA Contact: Bob Powers - 703-912-375

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Wooded
  • Lot Size: 100 x 200
  • Estimated Lot Size: 0.46
  • Deed Book: 970
  • Unit/Lot Number: Lot 69

Tax Info

  • Year: 2024
  • Taxes: 1019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2024
Closed on
Nov 15, 2024
Sold by
Bilimatsis Maria and Manikas Georgios
Bought by
Schepers Harry J and Schepers Karen G
Seller's Agent
Jon Frederick
Long & Foster Real Estate - Kitty Hawk / OBX
Buyer's Agent
Tammy Russell
Keller Williams - Outer Banks
List Price
$249,900
Sold Price
$290,000
Premium/Discount to List
$40,100
16.05%
Views
4
Current Estimated Value
$324,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,000
Avg. Annual Appreciation
11.25%

Purchase Details

Closed on
Jun 26, 2006
Sold by
Gillmatisis Jahon S and Angelpoulou Maria Christina
Bought by
Bilimatsis Maria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schepers Harry J $530,000 None Listed On Document
Bilimatsis Maria $20,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2024 12/18/24 Sold $290,000 +16.0% --
10/31/2024 10/31/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $249,900 -- --
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
2025 $1,019 $125,000 $125,000 $0
2024 $1,019 $125,000 $125,000 $0
2023 $919 $125,000 $125,000 $0
2022 $855 $125,000 $125,000 $0
2021 $855 $160,000 $160,000 $0
2020 $1,128 $160,000 $160,000 $0
2019 $1,128 $160,000 $160,000 $0
2018 $1,128 $160,000 $160,000 $0
2017 $1,048 $160,000 $160,000 $0
2016 $1,056 $160,000 $160,000 $0
2015 $1,056 $160,000 $160,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Jon Frederick

    Seller's Agent in 2024

    Jon Frederick

    Long & Foster Real Estate - Kitty Hawk / OBX

    (703) 731-5947

    5 in this area

    84 Total Sales

    Jon Frederick
    Section Image
  • Tammy Russell

    Buyer's Agent in 2024

    Tammy Russell

    Keller Williams - Outer Banks

    (252) 489-8054

    29 in this area

    142 Total Sales

    Tammy Russell
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 127330

Outer Banks Association of REALTORS®

APN: 115A-000-0069-0005

North Carolina Currituck County Corolla 27927

1038 Corolla Dr, Corolla, NC

Not Listed for Sale

Lots

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.

Nearby Homes