NOT LISTED FOR SALE

1046 Corolla Dr Corolla, NC 27927

Estimated Value: $294,160 - $422,000

0.51 Acre
$714,784 Price per Acre
22,216 Sq Ft Lot

Last Sold November 23, 2022

Last sale price $270,000

Est. 35% increase in value since last sale

Current estimated payment $1,999/month

50 Days on Market

Highlights

  • Community Beach Access
  • Wooded Lot
  • Timber
  • Pond View
  • Corner Lot

About This Lot

As of November 2022

Build the home of your dreams! This large 22,000 sq ft lot offers the perfect setting whether it be your primary home. 2nd home or vacation rental/investment home. This beautiful homesite is currently wooded with medium size pines. Once trees are thinned out for construction, this location should offer a nice view of the tranquil pond to the west located in the Mirage section of Corolla Light. This is a corner lot adjacent to 60' Sturgeon St. unimproved right of way which will provide additional privacy to the north, as well as direct beach access. The lot is located in a ‘X’ flood zone so flood insurance should not required once you construct your home. The adjacent lot to the south, 1044 Corolla Drive, is also available to purchase (see MLS #119980). The Whalehead Club subdivision is known for its large lots and expansive beautiful beaches. This subdivision is centrally located for quick access to shops, restaurants, tourist attractions and recreational activities.

Last Agent to Sell the Property

Robert Ladd

Twiddy and Co. - Duck License #64016 Listed on: 08/05/2022

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $898

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 110 x 200
  • Corner Lot
  • Level Lot
  • Wooded Lot

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Additional Features

  • Pond Views
  • Timber

Community Details

Overview

  • Property has a Home Owners Association
  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$898

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: From Duck Rd/NC-12, turn east on Herring St. Turn left on Corolla Dr, just less than 1/2 mile the lot will be on left.
  • Flood Zone: X
  • Headline: Corner Lot w/Easy Beach Access
  • L V T Date: 08/06/2022
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Section: 5
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Timber: Heavy
  • Deed Book Pg Number: 292
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 110
  • View: Pond

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply

Lot Info

  • Estimated Lot Sq Ft: 22000
  • Lot Description: Corner, Level, Wooded
  • Lot Faces: E
  • Lot Size: 110 x 200
  • Estimated Lot Size: 0.51
  • Deed Book: 408
  • Unit/Lot Number: Lot# 73

Tax Info

  • Year: 2022
  • Taxes: 898.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2025
Sold by
Sullivan Ryan Joseph and Sullivan Tara Elizabeth
Bought by
Amini Re Holdings Llc
Current Estimated Value
$364,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$284,521
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$80,019

Purchase Details

Listed on
Aug 5, 2022
Closed on
Nov 23, 2022
Sold by
Josephine P Parker Revocable Trust
Bought by
Priest Steven E
Seller's Agent
Robert Ladd
Twiddy and Co. - Duck
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$300,000
Sold Price
$270,000
Premium/Discount to List
-$30,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%

Purchase Details

Closed on
Dec 31, 1899
Bought by
Parker Josephine P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Amini Re Holdings Llc $380,000 None Listed On Document
Amini Re Holdings Llc $380,000 None Listed On Document
Priest Steven E $1,710,000 --
Sullivan Ryan Joseph $1,620,000 --
Parker Josephine P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amini Re Holdings Llc $285,000
Closed Amini Re Holdings Llc $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2022 11/23/22 Sold $270,000 -10.0% --
09/24/2022 09/24/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $300,000 -- --
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
2025 $1,070 $131,300 $131,300 $0
2024 $1,070 $131,300 $131,300 $0
2023 $1,070 $131,300 $131,300 $0
2022 $898 $131,300 $131,300 $0
2021 $898 $168,000 $168,000 $0
2020 $1,184 $168,000 $168,000 $0
2019 $1,184 $168,000 $168,000 $0
2018 $0 $168,000 $168,000 $0
2017 $1,100 $168,000 $168,000 $0
2016 $1,109 $168,000 $168,000 $0
2015 -- $168,000 $168,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119979

Outer Banks Association of REALTORS®

APN: 115A-000-0073-0005