NOT LISTED FOR SALE

1275 Lost Lake Ln Corolla, NC 27927

Corolla Area

Estimated Value: $653,443 - $770,000

0.21 Acres
$3,395,943 Price per Acre
9,137 Sq Ft Lot

Sale Details

Date Sold: December 22, 2020

Last sale price $56,000

Est. 1,173% increase in value since last sale

Current estimated payment $4,257 / mo

651 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Tennis Courts
  • Knotts Island Elementary School Rated 9+
  • Community Pool
  • Level Lot

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

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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

9,137 Sq Ft Lot

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

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

Closed on
Dec 20, 2021
Sold by
Bought by
Current Estimated Value
$713,148

Purchase Details

Closed on
Oct 3, 2021
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Jul 5, 2006
Sold by
Bought by
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

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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
-- Riley Ellis & Maland Llp
$516,500 None Available
$185,000 None Available
$1,750,000 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
Previous Owner $400,000
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
12/22/2020 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

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 $2,630 $306,700 $55,000 $251,700
2024 $2,630 $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

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