NOT LISTED FOR SALE

1092 Corolla Dr Corolla, NC 27927

Estimated Value: $219,000 - $530,000

0.46 Acre
$781,549 Price per Acre
20,000 Sq Ft Lot

Last Sold July 07, 2017

Last sale price $133,000

Est. 163% increase in value since last sale

Current estimated payment $1,915/month

278 Days on Market

Highlights

  • Wooded Lot
  • Timber
  • Level Lot

About This Lot

As of July 2017

I am going to let you in on a big secret, this gorgeous lot is tucked away in the northern end of the Whalehead Club community where time slows down and everyone soaks in the late back atmosphere. Located one lot from the corner of Corolla Drive and Shad Street, you are literally a stone's throw from the Shad beach access. This great lot does not back to RT 12 like many do, yet the price reflects the Corolla Drive location and that makes it an awesome value. A beautiful new home is in the process of being built behind this lot and creates a nice buffer which will only enhance the value of this lot. 20,000 square feet located in a no flood zone and dotted with light timber, indigenous trees and plants that make this a true Northern Beach Corolla lot. Make this your new home away from home, build that dream house you have been talking about for so long. Values are down and so is the interest rate, have you noticed the building going on in the Northern Beaches? Surrounded by the Corolla Light village, restaurants, a shopping center and the Lighthouse, you will not want for entertainment. If you prefer solitude and the quiet peace, other than the occasional group of pelicans who patrol the beaches and a few sea gulls and many but very quiet fishes, we guarantee a peaceful experience. All you have to do is take a short walk on the new side walks to the Shad Street beach access and you are there, on this pristine wide beach buffeted by sand dunes and sea oats. We are located a mere 5 lots from the Atlantic ocean. Can you smell the sea?

Last Agent to Sell the Property

Johanna Holcomb

Coldwell Banker Seaside Realty KH License #224301 Listed on: 05/28/2016

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Rick Drumm

Beach Realty & Construction License #141499

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,056

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Level Lot
  • Wooded Lot
  • Property is zoned Res.

Farming

  • Timber

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Whalehead Club Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,056

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: RT12 to right on Shad Street, right on Corolla Drive to lot on right. See sign-
  • Flood Zone: X
  • Subdivision Name: Whalehead Club
  • Headline: No flood zone building lot!
  • L V T Date: 05/28/2016
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Section: 3
  • Zoning: Res.
  • Timber: Light
  • Deed Book Pg Number: 119
  • Office License Number: C7166
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 100

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level, Wooded
  • Lot Faces: E
  • Lot Size: 100X200
  • Deed Book: 335
  • Unit/Lot Number: Lot# 69

Tax Info

  • Year: 2015
  • Taxes: 1056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2016
Closed on
Jul 7, 2017
Sold by
Hill Carolyn B and Hill Gregory Vernon
Bought by
Hire Steven A and Hire Heather L
Seller's Agent
Johanna Holcomb
Coldwell Banker Seaside Realty KH
Buyer's Agent
Rick Drumm
Beach Realty & Construction
List Price
$140,000
Sold Price
$133,000
Premium/Discount to List
-$7,000
-5%
Current Estimated Value
$349,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,239
Avg. Annual Appreciation
12.43%

Purchase Details

Closed on
Feb 25, 1994
Bought by
Hill Carolyn B and Bunn Barbara G
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
Hire Steven A $133,000 None Available
Hill Carolyn B $45,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2017 07/07/17 Sold $133,000 -5.0% --
03/02/2017 03/02/17 Pending -- -- --
05/28/2016 05/28/16 For Sale $140,000 -- --
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 $1,019 $125,000 $125,000 $0
2024 $1,019 $125,000 $125,000 $0
2023 $1,019 $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 $0 $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

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 92563

Outer Banks Association of REALTORS®

APN: 115A-000-0069-0003