$55,000
SOLD AUG 12, 2020
0.19 Acre
$289,474 Price per Acre
8,402 Sq Ft Lot

Recently Sold

56% Below List Price

526 Days on Market

Highlights

  • Community Beach Access
  • Park or Greenbelt View
  • Tennis Courts
  • Health Club
  • Community Pool
  • Level Lot

About This Lot

As of June 2021

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

  • 8,402 Sq Ft Lot
  • Property fronts a private road
  • Level Lot
  • Cleared Lot

HOA Fees

  • $118 Monthly HOA Fees

Additional Features

  • Park or Greenbelt Views
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include 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 the right.
  • Flood Zone: AE
  • Headline: Backs up to Estuarine
  • 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

Exterior Features

  • View: Park Serv./Preserve

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: Management, Pool, Road Maintenance, Tennis Courts, Walkways

Lot Info

  • Estimated Lot Sq Ft: 8402
  • Lot Description: Adj to Park Serv./Preserv, Level, Cleared
  • Estimated Lot Size: 0.19
  • Deed Book: 956
  • Unit/Lot Number: Lot 239

Tax Info

  • Year: 2019
  • Taxes: 477

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2020
Closed on
Jun 9, 2021
Sold by
Hcmes By Eillu Llc
Bought by
Warshawsky Bruce Robert and Warshawsky Nora Elizabeth
Seller's Agent
Raju Uppalapati
Outer Banks Realty Group
Buyer's Agent
Martha Springer
Twiddy and Company - Corolla
List Price
$532,000
Sold Price
$532,000
Current Estimated Value
$672,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,790
Avg. Annual Appreciation
6.44%
Original Mortgage
$425,600
Outstanding Balance
$389,499
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$299,757

Purchase Details

Listed on
Jan 14, 2019
Closed on
Aug 11, 2020
Sold by
Midwest Regional Bank
Bought by
Homes By Eilin Llc
Seller's Agent
Martha Springer
Twiddy and Company - Corolla
Buyer's Agent
Raju Uppalapati
Outer Banks Realty Group
List Price
$125,000
Sold Price
$55,000
Premium/Discount to List
-$70,000
-56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1299.55%

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 Type Sale Price Title Company
Deed $532,000 None Available
Warranty Deed $55,000 None Available
Trustee Deed $185,000 None Available
Warranty Deed $1,750,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $425,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $532,000 0.0% $260 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $532,000 +867.3% $260 / Sq Ft
08/12/2020 08/12/20 Sold $55,000 -8.3% --
06/23/2020 06/23/20 Pending -- -- --
12/23/2019 12/23/19 Price Changed $60,000 -52.0% --
01/14/2019 01/14/19 For Sale $125,000 -- --
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 $2,672 $315,000 $55,000 $260,000
2023 $2,672 $315,000 $55,000 $260,000
2022 $2,043 $315,000 $55,000 $260,000
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: 103284

Outer Banks Association of REALTORS®

APN: 114E-000-0239-0000