NOT LISTED FOR SALE

Estimated Value: $858,726 - $1,036,000

0.18 Acre
$5,227,400 Price per Acre
8,031 Sq Ft Lot

Last Sold July 29, 2019

Last sale price $60,000

Est. 1,468% increase in value since last sale

Current estimated payment $5,550/month

1,420 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Clubhouse
  • Views of a Sound
  • Home fronts a sound
  • Wooded Lot

About This Lot

As of July 2019

A GREAT PRICE on some of the last few building lots in Corolla Light. Three side-by-side semi-soundfront homesites are available. Build your state-of-the-art home and enjoy the incomparable resort amenities of the Corolla Light community. These sites are near the indoor Sports Center and tennis courts. Live Oaks and Pine trees create a lush setting. Great investment property to hold for the future, or build your dream home now!

Last Agent to Sell the Property

Doug Brindley

Brindley Beach Vacations & Sal License #79789 Listed on: 07/31/2015

Last Buyer's Agent

Doug Brindley

Brindley Beach Vacations & Sal License #79789 Listed on: 07/31/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $530

Year Built

  • 2019

Lot Details

  • 8,031 Sq Ft Lot
  • Home fronts a sound
  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $216 Monthly HOA Fees

Additional Features

  • Views of a Sound
  • Timber
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include grounds maintenance, management, pool, road maintenance, security, tennis courts, walkways
  • Corolla Light Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Indoor Pool
  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$530

Year Built

2019

Lot Details

0

HOA Fees

$216 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Hwy 12 N, just past the Sports Center, turn left onto Hampton Street. There are 3 vacant lots together around the curve on the left.
  • Flood Zone: X
  • Subdivision Name: Corolla Light PUD
  • Headline: BUILD IN COROLLA LIGHT
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Soundfront
  • Zoning: Res
  • Timber: Scattered
  • Deed Book Pg Number: 117
  • Major Subdivision: Corolla Light
  • Office License Number: C14121
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2019

Exterior Features

  • View: Sound

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Health Club, Indoor Comm. Pool, Indoor Comm. Tennis, Ocean Access, Outdoor-Comm. Tennis, Outdoor-Comm. Pool, Park, Playground, Raquetball, Sound Access, Boardwalk to Beach
  • Association Fee: Yes
  • Estimated Annual Fee: 2595
  • Fee Includes: Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways

Lot Info

  • Estimated Lot Sq Ft: 8031
  • Lot Description: Wooded
  • Estimated Lot Size: 0.18
  • Deed Book: 1250
  • Unit/Lot Number: Lot #575

Tax Info

  • Year: 2018
  • Taxes: 530

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2020
Sold by
Homes By Eillu Llc
Bought by
Hampton Street Llc
Total Days on Market
1420
Current Estimated Value
$940,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Outstanding Balance
$405,586
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$564,176

Purchase Details

Listed on
Jul 31, 2015
Closed on
Aug 30, 2019
Sold by
Cline Aaron and Cline Emily
Bought by
Homes By Eillu Llc
Seller's Agent
Doug Brindley
Brindley Beach Vacations & Sal
Buyer's Agent
Doug Brindley
Brindley Beach Vacations & Sal
List Price
$77,000
Sold Price
$60,000
Premium/Discount to List
-$17,000
-22.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.04%
Original Mortgage
$300,000
Interest Rate
3.7%
Mortgage Type
Construction

Purchase Details

Closed on
May 8, 2013
Sold by
Outer Banks Ventures Inc
Bought by
Blaxton Teresa A and Garnick Murray R

Purchase Details

Closed on
Nov 9, 2012
Sold by
Corolla Light Community Association
Bought by
Outer Banks Ventures Inc
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
Hampton Street Llc $565,000 None Available
Homes By Eillu Llc $70,000 None Available
Blaxton Teresa A $170,000 None Available
Outer Banks Ventures Inc $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hampton Street Llc $452,000
Previous Owner Homes By Eillu Llc $300,000
Previous Owner Outer Banks Ventures Inc $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2019 07/29/19 Sold $60,000 -22.1% --
06/20/2019 06/20/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $77,000 0.0% --
02/25/2019 02/25/19 Price Changed $77,000 +28.3% --
02/01/2019 02/01/19 Off Market $60,000 -- --
08/31/2018 08/31/18 For Sale $99,000 +65.0% --
08/31/2018 08/31/18 Off Market $60,000 -- --
07/31/2015 07/31/15 For Sale $99,000 -- --
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 $4,097 $497,200 $70,000 $427,200
2023 $4,097 $497,200 $70,000 $427,200
2022 $3,081 $497,200 $70,000 $427,200
2021 $3,066 $215,100 $100,000 $115,100
2020 $1,410 $215,100 $100,000 $115,100
2019 $530 $100,000 $100,000 $0
2018 $0 $100,000 $100,000 $0
2017 $480 $100,000 $100,000 $0
2016 $480 $100,000 $100,000 $0
2015 -- $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 88999

Outer Banks Association of REALTORS®

APN: 115B-000-0575-0000