NOT LISTED FOR SALE

1275 Bear Foot Path Corolla, NC 27927

Estimated Value: $109,000 - $561,000

0.32 Acres
$743,497 Price per Acre
13,939 Sq Ft Lot

Last Sold March 21, 2023

Last sale price $125,000

Est. 90% increase in value since last sale

Current estimated payment $1,390/month

603 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Tennis Courts
  • Lake Front
  • Community Pool

About This Lot

As of March 2023

Build your dream home on this scenic waterfront lot in Corolla. Located in a private section of the Villages at Ocean Hill, this homesite overlooks an eight acre lake. You will feel surrounded by nature while in close proximity to Corolla's shopping and attractions. Part of the homesite is included in a conservation easement. A preliminary plan shows feasibility to build a five bedroom house with pool. The lot is in an "X" flood zone so no flood insurance is required. County water tap fee has been paid. The Villages at Ocean Hill has many community amenities including oceanfront and and lakefront pools, fitness center, tennis courts, playground, and basketball courts. There are seven community beach accesses, an 8-acre lake and interconnected walkways throughout. Very close to Corolla's shops and restaurants and the 4 Wheel Drive beaches.

Last Agent to Sell the Property

Scott Wheeler

Celebration Realty License #274905 Listed on: 06/28/2021

Last Buyer's Agent

Sarah Pritchard

SAGA Realty and Construction License #310311

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $662

Lot Details

  • 0.32 Acre Lot
  • Lake Front
  • Property fronts a private road

HOA Fees

  • $118 Monthly HOA Fees

Additional Features

  • Lake Views
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Bryan Smith Association, Phone Number (252) 453-0162
  • Villages At Ocean Hill Subdivision

Recreation

  • Community Beach Access
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$662

Lot Details

0.32 Acres

HOA Fees

$118 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Take Rt 12 North to the Villages at Ocean Hill. Turn right at Ocean Hill Blvd. Turn right on Lakeside Drive. Turn left on Lost Lake Lane. Turn Left on Bear Foot Path. Homesite is on the left.
  • Flood Zone: X
  • Headline: Lakefront in Corolla
  • L V T Date: 06/28/2021
  • Roads: Private
  • Sale/Rent: For Sale
  • Waterfront Location: Lakefront
  • Zoning: res
  • Deed Book Pg Number: 427
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C31179
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Lake/River

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Health Club, Ocean Access, Outdoor-Comm. Tennis, Outdoor-Comm. Pool, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 1421
  • Hoa Contact: Bryan Smith
  • HOA Contact: 252-453-0162

Lot Info

  • Estimated Lot Sq Ft: 14047
  • Lot Description: Water Frontage
  • Estimated Lot Size: 0.32
  • Deed Book: 1630
  • Unit/Lot Number: Lot 255

Tax Info

  • Year: 2021
  • Taxes: 662.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Mar 21, 2023
Sold by
Goddard Michael J and Goddard Petra
Bought by
Zonis Olega and Zonis Yelena
Seller's Agent
Scott Wheeler
Celebration Realty
Buyer's Agent
Sarah Pritchard
SAGA Realty and Construction
List Price
$149,000
Sold Price
$125,000
Premium/Discount to List
-$24,000
-16.11%
Views
96
Current Estimated Value
$237,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,919
Avg. Annual Appreciation
24.38%

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jun 11, 2021
Sold by
Defense Llc
Bought by
Goddard Michael J and Kolbova Petra
Seller's Agent
Ashley Massey
Landmark Sotheby's Internation
Buyer's Agent
Scott Wheeler
Celebration Realty
List Price
$80,000
Sold Price
$70,000
Premium/Discount to List
-$10,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.76%

Purchase Details

Closed on
Oct 14, 2004
Bought by
6/5 Defense Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zonis Olega $750,000 --
Goddard Michael J $420,000 Evans & Meads Pllc
6/5 Defense Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2023 03/21/23 Sold $125,000 -10.1% --
02/21/2023 02/21/23 Pending -- -- --
06/21/2022 06/21/22 Price Changed $139,000 -6.7% --
09/22/2021 09/22/21 For Sale $149,000 0.0% --
09/22/2021 09/22/21 Price Changed $149,000 +7.2% --
08/21/2021 08/21/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $139,000 +98.6% --
06/14/2021 06/14/21 Sold $70,000 -12.5% -- View Prior Sale
04/09/2021 04/09/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $80,000 -- --
Source: Outer Banks Association of REALTORS®

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 $595 $85,000 $85,000 $0
2024 $595 $85,000 $85,000 $0
2023 $527 $85,000 $85,000 $0
2022 $437 $85,000 $85,000 $0
2021 $434 $125,000 $125,000 $0
2020 $663 $125,000 $125,000 $0
2019 $663 $125,000 $125,000 $0
2018 $0 $125,000 $125,000 $0
2017 $600 $125,000 $125,000 $0
2016 $600 $125,000 $125,000 $0
2015 -- $125,000 $125,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114995

Outer Banks Association of REALTORS®

APN: 114E-000-0255-0000

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