NOT LISTED FOR SALE

1075 Corolla Dr Corolla, NC 27927

Estimated Value: $291,537 - $578,000

0.46 Acre
$828,179 Price per Acre
19,994 Sq Ft Lot

Last Sold July 01, 2022

Last sale price $275,000

Est. 38% increase in value since last sale

Current estimated payment $2,111/month

14 Days on Market

About This Lot

As of July 2022

Fantastic Whalehead 5th row lot already cleared, house pad filled, and stabilized. This 20,000 sq ft lot is ready to go. Just one lot away from walkway directly to the beach! This one is a must see for those ready to build! X Flood Zone!

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 05/05/2022

Co-Listed By

Emily Morris

Twiddy and Company - Wash Woods License #304377

Last Buyer's Agent

Ray Meiggs

Twiddy and Co. - Duck License #290422

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,197

Lot Details

Additional Features

  • Ocean Views
  • Level Lot
  • Private or Community Septic Tank

Community Details

  • Whalehead Club Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,197

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: Cobra, X
  • Headline: Cleared, filled, ready to go
  • L V T Date: 05/05/2022
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res
  • Deed Book Pg Number: 428
  • 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

  • View: Ocean

Utilities

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

Lot Info

  • Lot Description: Level
  • Deed Book: 1557
  • Unit/Lot Number: Lot #57

Tax Info

  • Year: 2021
  • Taxes: 1197

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jun 21, 2022
Sold by
Cammack Edmund C and Cammack Allison T
Bought by
Motson Eric D and Motson Courtney I
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Ray Meiggs
Twiddy and Co. - Duck
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Current Estimated Value
$380,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,134
Avg. Annual Appreciation
9.72%
Original Mortgage
$206,250
Outstanding Balance
$170,509
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$209,625

Purchase Details

Listed on
Apr 18, 2020
Closed on
Aug 31, 2020
Sold by
Ammo Realty Llc
Bought by
Cammack Edmund C and Vanorden Erik Van
Seller's Agent
Mercedes Tabano
Keller Williams - Outer Banks
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.06%
Original Mortgage
$325,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 18, 2019
Closed on
Nov 22, 2019
Sold by
Pinto Joseph L
Bought by
Ammo Realty Llc
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Mercedes Tabano
Keller Williams - Outer Banks
List Price
$144,900
Sold Price
$121,000
Premium/Discount to List
-$23,900
-16.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.42%

Purchase Details

Closed on
Nov 15, 2012
Sold by
Corcilla Associates
Bought by
Pinto Joseph
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
Motson Eric D $1,375,000 Sharp Graham Baker & Varnell L
Cammack Edmund C $170,000 None Available
Ammo Realty Llc $121,000 None Available
Pinto Joseph $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Motson Eric D $206,250
Previous Owner Cammack Edmund C $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2022 07/01/22 Sold $275,000 -3.5% --
05/19/2022 05/19/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $285,000 +67.6% --
09/01/2020 09/01/20 Sold $170,000 -8.1% -- View Prior Sale
07/21/2020 07/21/20 Pending -- -- --
04/18/2020 04/18/20 For Sale $185,000 +52.9% --
11/27/2019 11/27/19 Sold $121,000 -16.5% -- View Prior Sale
11/04/2019 11/04/19 Pending -- -- --
10/18/2019 10/18/19 For Sale $144,900 +44.9% --
02/19/2013 02/19/13 Sold $100,000 -55.6% -- View Prior Sale
10/30/2012 10/30/12 Pending -- -- --
04/28/2012 04/28/12 For Sale $225,000 -- --
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 $1,426 $175,000 $175,000 $0
2024 $1,426 $175,000 $175,000 $0
2023 $1,286 $175,000 $175,000 $0
2022 $1,197 $175,000 $175,000 $0
2021 $1,197 $170,000 $170,000 $0
2020 $1,199 $170,000 $170,000 $0
2019 $1,199 $170,000 $170,000 $0
2018 $1,199 $170,000 $170,000 $0
2017 $1,114 $170,000 $170,000 $0
2016 $1,122 $170,000 $170,000 $0
2015 $1,122 $170,000 $170,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 118753

Outer Banks Association of REALTORS®

APN: 115A-000-0057-0003