NOT LISTED FOR SALE

Estimated Value: $614,000 - $689,000

0.21 Acre
$3,124,205 Price per Acre
9,137 Sq Ft Lot

Last Sold December 22, 2020

Last sale price $56,000

Est. 1,099% increase in value since last sale

Current estimated payment $4,045/month

651 Days on Market

Highlights

  • Community Beach Access
  • Community Pool
  • Level Lot
  • Health Club
  • Tennis Courts

About This Lot

As of December 2020

Build your dream home on this secluded lot that backs up to the NC Estuarine Sanctuary on Lost Lake Lane in prestigious Villages at Ocean Hill, an ocean to sound community with extensive amenities including ocean & lakefront pools, tennis courts, indoor fitness center, playground, 8-acre lake, pedestrian walkways throughout, and much more. Seller has paid county water tap fee and lot is ready for construction with ample room for private pool. Close to shops, restaurants, ocean beaches, and Historic Corolla Village.

Last Agent to Sell the Property

Martha Springer

Twiddy and Company - Corolla License #135162 Listed on: 01/14/2019

Co-Listed By

Hunter Davis

Twiddy and Company - Corolla License #301647

Last Buyer's Agent

Raju Uppalapati

Outer Banks Realty Group License #187530

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $477

Lot Details

  • 9,137 Sq Ft Lot
  • Property fronts a private road
  • Level Lot
  • Cleared Lot

HOA Fees

  • $118 Monthly HOA Fees

Utilities

  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, tennis courts, walkways
  • Bryan Smith Association, Phone Number (252) 453-0162
  • Villages At Ocean Hill Subdivision

Amenities

  • Common Area

Recreation

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

Property Details

Property Type

Land

Est. Annual Taxes

$477

Lot Details

0

HOA Fees

$118 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Rt. 12 to Villages at Ocean Hill, west on Lakeside Dr, west on Lost Lake Lane, lot is on your right.
  • Flood Zone: AE
  • Headline: Backs up to Estarine
  • L V T Date: 01/15/2019
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 227
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Health Club, Ocean Access, Outdoor-Comm. Tennis, Outdoor-Comm. Pool, Playground, Boardwalk to Beach, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 1421
  • Hoa Contact: Bryan Smith
  • HOA Contact: 252-453-0162
  • Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Tennis Courts, Walkways

Lot Info

  • Estimated Lot Sq Ft: 9137
  • Lot Description: Adj to Park Serv./Preserv, Level, Cleared
  • Estimated Lot Size: 0.21
  • Deed Book: 956
  • Unit/Lot Number: Lot 237

Tax Info

  • Year: 2019
  • Taxes: 477

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Adams William W and Adams Katy S
Bought by
Kabil Properties Llc
Current Estimated Value
$671,558

Purchase Details

Closed on
Oct 3, 2021
Sold by
Homes By Eillu Llc
Bought by
Adams William W and Adams Katy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2019
Sold by
Small G Elvin
Bought by
Midwest Regional Bank

Purchase Details

Closed on
Jul 5, 2006
Sold by
65 Defense Llc
Bought by
Prst 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
Kabil Properties Llc -- Riley Ellis & Maland Llp
Adams William W $516,500 None Available
Midwest Regional Bank $185,000 None Available
Prst Llc $1,750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams William W $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $56,000 -6.7% --
10/26/2020 10/26/20 Pending -- -- --
12/23/2019 12/23/19 Price Changed $60,000 -29.4% --
01/14/2019 01/14/19 For Sale $85,000 -- --
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 $2,614 $306,700 $55,000 $251,700
2023 $2,614 $306,700 $55,000 $251,700
2022 $2,000 $306,700 $55,000 $251,700
2021 $702 $90,000 $90,000 $0
2020 $477 $90,000 $90,000 $0
2019 $477 $90,000 $90,000 $0
2018 $477 $90,000 $90,000 $0
2017 $432 $90,000 $90,000 $0
2016 $432 $90,000 $90,000 $0
2015 $432 $90,000 $90,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 103285

Outer Banks Association of REALTORS®

APN: 114E-000-0237-0000