NOT LISTED FOR SALE

1107 Schoolhouse Ln Corolla, NC 27927

Corolla Area

Estimated Value: $2,023,000 - $3,515,000

0.76 Acre
$3,840,859 Price per Acre
33,000 Sq Ft Lot

Sale Details

Date Sold: December 17, 2012

Last sale price $1,000,000

Est. 175% increase in value since last sale

Current estimated payment $16,368 / mo

199 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • 5-minute walk to Jockey's Ridge State Park
  • Knotts Island Elementary School Rated 9+

About This Lot

As of December 2012

Location, Elevation, Seclusion, Tranquility & Wide pristine beaches are just a few features this ocean front lot offers. This spectacular over sized lot with a 23' average elevation grade should offer panoramic ocean vistas enabling you to build your dream beach retreat yet close to quaint Historic Corolla Villages shop & restaurants.

Last Agent to Sell the Property

Martha Springer

Twiddy and Company - Corolla License #135162 Listed on: 05/26/2012

Last Buyer's Agent

Sumit Gupta

VR Real Estate Advisors, LLC License #212627

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,300

Lot Details

  • 33,000 Sq Ft Lot
  • Lot Dimensions are 100x330
  • Beach Front
  • 100 Feet of Waterfront
  • Property fronts a private road
  • Unpaved Streets
  • Property is zoned Res.

Property Views

  • Ocean Views

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Corolla Village Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$5,300

Lot Details

0.76 Acres

Listing Details

  • Class: LOTS/LAND
  • Directions: NC12 to Corolla Village E on Schoolhouse Ln. go N at end of Rd 4th lot on right.
  • Flood Zone: VE
  • Subdivision Name: Corolla Village
  • Headline: High Elevated Ocean Front
  • Roads: Private, Unpaved
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: Oceanfront
  • Zoning: Res.
  • Deed Book Pg Number: 276
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 100
  • View: Ocean
  • Water Frontage: 100

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 33000
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Faces: E
  • Lot Size: 100x330
  • Deed Book: 183
  • Unit/Lot Number: Lot 1

Tax Info

  • Year: 2011
  • Taxes: 5300

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2012
Closed on
Dec 10, 2012
Sold by
Page Anne M and Page Rosewell
Bought by
Seller's Agent
Martha Springer
Twiddy and Company - Corolla
Buyer's Agent
Sumit Gupta
VR Real Estate Advisors, LLC
List Price
$1,050,000
Sold Price
$1,000,000
Premium/Discount to List
-$50,000
-4.76%
Current Estimated Value
$2,748,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,748,006
Avg. Annual Appreciation
8.10%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Corolla, NC

  • Melissa Morgan Real Estate Agent - Landmark Sotheby's Internation

    Melissa Morgan

    Landmark Sotheby's Internation

    (252) 421-6771

    58 Total Sales

    8 in Corolla

    $713K - $1.1M Price Range

    Melissa Morgan
     Section Image
  • Nikki Johnson-Pyle Real Estate Agent - Own Real Estate Of NC, LLC

    Nikki Johnson-Pyle

    Responds Quickly

    Own Real Estate Of NC, LLC

    (757) 767-7801

    296 Total Sales

    4 in Corolla

    $710K - $1.3M Price Range

    Nikki Johnson-Pyle
     Section Image
  • Ashley Ladd Real Estate Agent - Twiddy and Co. - Duck

    Ashley Ladd

    Twiddy and Co. - Duck

    (984) 833-2316

    19 Total Sales

    10 in Corolla

    $340K - $4.5M Price Range

    Ashley Ladd
     Section Image
  • Lynn Bulman Real Estate Agent - Howard Hanna Outer Banks Realty

    Lynn Bulman

    Howard Hanna Outer Banks Realty

    (252) 404-8028

    282 Total Sales

    5 in Corolla

    $105K - $870K Price Range

    Lynn Bulman
     Section Image
  • Crystal Swain Real Estate Agent - Twiddy and Company - Corolla

    Crystal Swain

    Twiddy and Company - Corolla

    (252) 573-2174

    92 Total Sales

    41 in Corolla

    $120K - $5M Price Range

    Crystal Swain
     Section Image
  • Haley Winslow Real Estate Agent - Coldwell Banker Seaside Realty KH

    Haley Winslow

    Coldwell Banker Seaside Realty KH

    (828) 268-3712

    90 Total Sales

    4 in Corolla

    $549K - $1M Price Range

    Haley Winslow
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,000,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $912,000
Open Apple Robert E $1,658,000
Closed Apple Robert E $1,650,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/17/2012 12/17/12 Sold $1,000,000 -4.8% --
12/11/2012 12/11/12 Pending -- -- --
05/26/2012 05/26/12 For Sale $1,050,000 -- --
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,472 $1,998,400 $978,100 $1,020,300
2024 $14,472 $1,998,400 $978,100 $1,020,300
2023 $14,456 $1,998,400 $978,100 $1,020,300
2022 $10,628 $1,998,400 $978,100 $1,020,300
2021 $10,613 $1,740,900 $889,200 $851,700
2020 $9,497 $1,740,900 $889,200 $851,700
2019 $9,497 $1,740,900 $889,200 $851,700
2018 $9,497 $1,740,900 $889,200 $851,700
2017 $8,606 $1,740,900 $889,200 $851,700
2016 $8,606 $1,740,900 $889,200 $851,700
2015 $8,606 $1,740,900 $889,200 $851,700
Source: Public Records

Agents Affiliated with this Home

  • Martha Springer Real Estate Agent - Twiddy and Company - Corolla

    Seller's Agent in 2012

    Martha Springer

    Twiddy and Company - Corolla

    (252) 982-6045

    92 Total Sales

    Martha Springer
    Section Image
  • Sumit Gupta Real Estate Agent - VR Real Estate Advisors, LLC

    Buyer's Agent in 2012

    Sumit Gupta

    VR Real Estate Advisors, LLC

    (252) 207-8997

    6 Total Sales

    Sumit Gupta
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 75041

Outer Banks Association of REALTORS®

APN: 114B-000-0001-0003

North Carolina Currituck County Corolla 27927

1107 Schoolhouse Ln, Corolla, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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