NOT LISTED FOR SALE

1115 Ocean Trail Unit 4A Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $619,621 - $838,000

3 Beds
2.5 Baths
1,550 Sq Ft
$465/Sq Ft Est. Value

Last Sold March 22, 2023

Last sale price $499,000 $322 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,762/month

Highlights

  • Outdoor Pool
  • Furnished
  • 4-minute walk to Jockey's Ridge State Park

About This Home

As of March 2023

This home is located at 1115 Ocean Trail Unit 4A, Corolla, NC 27927 since 29 July 2021 and is currently estimated at $721,155, approximately $465 per square foot. This property was built in 2022. 1115 Ocean Trail Unit 4A is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

Last Agent to Sell the Property

Sunny Berle

Coldwell Banker Seaside Realty KH License #299260 Listed on: 07/29/2021

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Sunny Berle

Coldwell Banker Seaside Realty KH License #299260 Listed on: 07/29/2021

Coldwell Banker Seaside Realty KH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,545

Year Built

  • Built in 2022

Lot Details

  • 871

HOA Fees

  • $629 Monthly HOA Fees

Home Design

  • Property Attached
  • Entry on the 2nd floor

Interior Spaces

  • 1,550 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Outdoor Pool

Community Details

Overview

  • Association Consultants, Llc Association
  • Built by MASO Design Build
  • Corolla Light Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,545

Year Built

Built in 2022

Lot Details

0

HOA Fees

$629 per month

Listing Details

  • Class: RESIDENTIAL
  • Subdivision Name: The Beach Club at Whalehead - Mustang Place
  • Heated Sq Ft: 1550
  • L V T Date: 07/29/2021
  • Sale/Rent: For Sale
  • Unit Level Number: 2
  • Waterfront Location: More than 5th row
  • Zoning: SFO
  • Deed Book Pg Number: 487
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Corolla Light
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: MASO Design Build
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool

Condo/Co-op/Association

  • Condo Type: Attached
  • Association Fee: Yes
  • Estimated Annual Fee: 7546
  • Hoa Contact: Association Consultants, LLC
  • HOA Contact: Desiree Anderson

Lot Info

  • Deed Book: 1391

Building Info

  • Year Built: 2022

Tax Info

  • Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Mar 22, 2023
Sold by
Florida Obx 10 Llc
Bought by
Caputi Leonardo and Damato Caputi Valeria
Seller's Agent
Sunny Berle
Coldwell Banker Seaside Realty KH
Buyer's Agent
Sunny Berle
Coldwell Banker Seaside Realty KH
List Price
$445,000
Sold Price
$499,000
Premium/Discount to List
$54,000
12.13%
Current Estimated Value
$721,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,155
Avg. Annual Appreciation
15.60%
Original Mortgage
$399,200
Outstanding Balance
$388,991
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$332,164
Source: Public Records

Range of Values:

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Average Value
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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
Caputi Leonardo $2,994,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caputi Leonardo $399,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2023 03/22/23 Sold $499,000 +12.1% $322 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $445,000 -- $287 / Sq Ft
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 $3,545 $454,600 $150,000 $304,600
2023 $3,545 $459,700 $150,000 $309,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sunny Berle

    Coldwell Banker Seaside Realty KH

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115434

Outer Banks Association of REALTORS®

APN: 114J000004A0000

North Carolina Currituck County Corolla 27927 Corolla

1115 Ocean Trail Unit 4A, Corolla, NC

This home is located at 1115 Ocean Trail Unit 4A, Corolla, NC 27927 since 29 July 2021 and is currently estimated at $721,155, approximately $465 per square foot. This property was built in 2022. 1115 Ocean Trail Unit 4A is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

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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