NOT LISTED FOR SALE

1207 Adriatic Ave Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $1,667,059 - $1,871,000

0.59 Acre
$2,946,636 Price per Acre
25,700 Sq Ft Lot

Last Sold February 08, 2019

Last sale price $300,000

Est. 480% increase in value since last sale

Current estimated payment $10,088/month

878 Days on Market

About This Lot

As of February 2019

Not quite 1/2 acre-Build your "castle" in the sand within short walking distance to ocean. Site is located in the beautiful village of Ocean Hill, and is located in a quiet cul de sac with beautiful homes all round it. Wide uncrowded beaches with the beach access at the end of the cul de sac, a mere 4 lots down-quick and easy! Agent can assist with recommendations for builder. Close to shopping, putt putt golfing-entertainment, grocery stores, specialty shops, bank, and 4 wheel drive-very diverse!

Last Agent to Sell the Property

Connie Gray

Island Crest OBX Realty License #170963 Listed on: 07/16/2016

Last Buyer's Agent

Laurie Battaglia

Coastal Outer Banks Realty License #271667

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,444

Lot Details

  • 0.59 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Cleared Lot

Property Views

  • Ocean Views

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Villages At Ocean Hill Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,444

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Subdivision Name: Ocean Hill
  • Headline: lg site-steps to beach access
  • L V T Date: 07/18/2016
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: res
  • Deed Book Pg Number: 791
  • Office License Number: C26347
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 25665
  • Lot Description: Cul-de-sac, Cleared
  • Estimated Lot Size: 0.59
  • Deed Book: 717
  • Unit/Lot Number: Lot 58

Tax Info

  • Year: 2015
  • Taxes: 1444.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2024
Sold by
Losak Susan
Bought by
Susan Losak Revocable Trust
Current Estimated Value
$1,738,515

Purchase Details

Listed on
Jul 16, 2016
Closed on
Feb 8, 2019
Sold by
Blue Marlin Development Llc
Bought by
Losak Susan
Seller's Agent
Connie Gray
Island Crest OBX Realty
Buyer's Agent
Laurie Battaglia
Coastal Outer Banks Realty
List Price
$335,000
Sold Price
$300,000
Premium/Discount to List
-$35,000
-10.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.71%

Purchase Details

Closed on
Oct 2, 2003
Bought by
Blue Marlin Development Llc
Source: Public Records

Range of Values:

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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
Susan Losak Revocable Trust -- None Listed On Document
Susan Losak Revocable Trust -- None Listed On Document
Losak Susan $300,000 None Available
Blue Marlin Development Llc $425,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2019 02/08/19 Sold $300,000 0.0% --
12/11/2018 12/11/18 Pending -- -- --
07/10/2017 07/10/17 Price Changed $300,000 -10.4% --
07/16/2016 07/16/16 For Sale $335,000 -- --
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
2024 $7,604 $1,019,500 $300,300 $719,200
2023 $6,772 $1,019,500 $300,300 $719,200
2022 $5,635 $1,019,500 $300,300 $719,200
2021 $5,620 $501,900 $300,300 $201,600
2020 $2,777 $501,900 $300,300 $201,600
2019 $1,592 $300,300 $300,300 $0
2018 $1,592 $300,300 $300,300 $0
2017 $1,441 $300,300 $300,300 $0
2016 $1,441 $300,300 $300,300 $0
2015 -- $300,300 $300,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Connie Gray

    Seller's Agent in 2019

    Connie Gray

    Island Crest OBX Realty

    (252) 202-8979

    14 in this area

    32 Total Sales

    Connie Gray
    Section Image
  • Laurie Battaglia

    Buyer's Agent in 2019

    Laurie Battaglia

    Coastal Outer Banks Realty

    (252) 207-5650

    12 in this area

    81 Total Sales

    Laurie Battaglia
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 93137

Outer Banks Association of REALTORS®

APN: 114C-000-0058-0001

North Carolina Currituck County Corolla 27927 Corolla

1207 Adriatic Ave, Corolla, NC

This home is located at 1207 Adriatic Ave, Corolla, NC 27927 since 16 July 2016 and is currently estimated at $1,738,515. 1207 Adriatic Ave 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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