NOT LISTED FOR SALE

1066 Ocean Trail Corolla, NC 27927

Estimated Value: $5,883,933

-- Bed
-- Bath
4,560 Sq Ft
$1,290/Sq Ft Est. Value

About This Home

This home is located at 1066 Ocean Trail, Corolla, NC 27927 and is currently estimated at $5,883,933, approximately $1,290 per square foot. 1066 Ocean Trail is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2011
Sold by
Colby Management Group Llc
Bought by
Lightkeepers Hospitality Llc
Current Estimated Value
$5,883,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$2,767,850
Interest Rate
4.71%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$3,116,083

Purchase Details

Closed on
Apr 23, 2008
Sold by
The Inn At Corolla Llc
Bought by
Colby Management Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,053,000
Interest Rate
5.84%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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First American

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Quantarium

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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
Lightkeepers Hospitality Llc -- None Available
Colby Management Group Llc $3,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lightkeepers Hospitality Llc $4,000,000
Previous Owner Colby Management Group Llc $1,053,000
Source: Public Records

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 $21,685 $3,005,200 $1,129,500 $1,875,700
2023 $21,685 $3,005,200 $1,129,500 $1,875,700
2022 $15,892 $3,005,200 $1,129,500 $1,875,700
2021 $15,621 $2,964,200 $1,129,500 $1,834,700
2020 $16,308 $2,964,200 $1,129,500 $1,834,700
2019 $16,369 $2,964,200 $1,129,500 $1,834,700
2018 $0 $2,964,200 $1,129,500 $1,834,700
2017 $14,917 $2,964,200 $1,129,500 $1,834,700
2016 $14,824 $2,964,200 $1,129,500 $1,834,700
2015 -- $2,964,200 $1,129,500 $1,834,700
Source: Public Records

Map

North Carolina Currituck County Corolla 27927

1066 Ocean Trail, Corolla, NC

This home is located at 1066 Ocean Trail, Corolla, NC 27927 and is currently estimated at $5,883,933, approximately $1,290 per square foot. 1066 Ocean Trail is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

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