Seller's Agent in 2022
Raju Uppalapati
Outer Banks Realty Group
(252) 305-0707
57 in this area
75 Total Sales
1285 Lost Lake Dr Corolla, NC 27927
Estimated Value: $782,000 - $889,000
4
Beds
3.5
Baths
2,350
Sq Ft
$356/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Outdoor Pool
- Cathedral Ceiling
- Health Club
- Coastal Architecture
- Park or Greenbelt View
About This Home
As of January 2022Here's your chance to own a new beach home in Corolla! This 4 bedrooms 3 full baths 1 half baths home situated in a quiet section of the Villages at Ocean Hill community in Corolla. The fourth bedroom can be converted to a rec room with a wet bar. This home will be built with the latest SMART technology, front door camera, control the lights with your app, water sensors on all floors and televisions are hard-wired. No maintenance to worry about for years to come with new construction. No lot or construction loan needed. This is a turnkey package. Home comes with a one-year builder warranty, as well as a 4 year New ConstructionAmerican Home Shield Warranty for years 2-5. Great for permanent residency, second home, or investment property. If you are looking for new construction that is affordable in Corolla, this is it! The Villages at Ocean Hill is an ocean to the sound community with extensive amenities including an oceanfront pool with a snack bar and restrooms, a lakefront pool, tennis and basketball courts, indoor fitness center, playground, 8-acre lake, pedestrian walkways throughout, and multiple beach access with ample parking reserved for the homeowners.
Last Agent to Sell the Property
Outer Banks Realty Group License #187530 Listed on: 05/04/2021
Co-Listed By
Iryna Snyder
Outer Banks Realty Group License #313743
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $928
Year Built
- Built in 2021
Lot Details
- 8,276 Sq Ft Lot
- Property fronts a private road
- Fenced Yard
- Landscaped
- Level Lot
HOA Fees
- $171 Monthly HOA Fees
Home Design
- Coastal Architecture
- Frame Construction
- Asphalt Shingled Roof
- Siding
- Piling Construction
Interior Spaces
- 2,350 Sq Ft Home
- Cathedral Ceiling
- Ceiling Fan
- Electric Fireplace
- Ceramic Tile Flooring
- Park or Greenbelt Views
Kitchen
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Garage
- Carport
- Tuck Under Parking
- Off-Street Parking
Pool
- Outdoor Pool
- Outdoor Shower
Outdoor Features
- Sun Deck
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Municipal Utilities District for Water and Sewer
Listing and Financial Details
- Tax Lot 242
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2021
Closed on
Jan 3, 2022
Sold by
Homes By Eillu Llc
Bought by
Spiropoulos Theodore Pete and Spiropoulos Julie Anne
Seller's Agent
Raju Uppalapati
Outer Banks Realty Group
Buyer's Agent
Ronald Barrett
Brindley Beach Vacations & Sales - Cor
List Price
$729,900
Sold Price
$729,900
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,352
Avg. Annual Appreciation
3.35%
Original Mortgage
$583,920
Outstanding Balance
$534,841
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$302,411
Purchase Details
Listed on
Jan 14, 2020
Closed on
Mar 2, 2021
Sold by
6 5 Defense Llc
Bought by
Homes By Eillu Llc
Seller's Agent
Ashley Massey
Landmark Sotheby's Internation
Buyer's Agent
Raju Uppalapati
Outer Banks Realty Group
List Price
$110,000
Sold Price
$82,500
Premium/Discount to List
-$27,500
-25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1240.15%
Purchase Details
Closed on
Oct 14, 2004
Bought by
6/5 Defense Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spiropoulos Theodore Pete | $730,000 | None Available | |
| Homes By Eillu Llc | $82,500 | None Available | |
| 6/5 Defense Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spiropoulos Theodore Pete | $583,920 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/04/2022 01/04/22 | Sold | $729,900 | 0.0% | $311 / Sq Ft | |
| 05/04/2021 05/04/21 | Pending | -- | -- | -- | |
| 05/04/2021 05/04/21 | For Sale | $729,900 | +784.7% | $311 / Sq Ft | |
| 03/02/2021 03/02/21 | Sold | $82,500 | -13.2% | -- | View Prior Sale |
| 02/08/2021 02/08/21 | Pending | -- | -- | -- | |
| 01/11/2021 01/11/21 | Price Changed | $95,000 | -4.0% | -- | |
| 10/24/2020 10/24/20 | Price Changed | $99,000 | -10.0% | -- | |
| 01/14/2020 01/14/20 | For Sale | $110,000 | -- | -- |
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 | $3,374 | $413,000 | $75,000 | $338,000 |
| 2024 | $3,374 | $413,000 | $75,000 | $338,000 |
| 2023 | $3,358 | $413,000 | $75,000 | $338,000 |
| 2022 | $2,542 | $413,000 | $75,000 | $338,000 |
| 2021 | $383 | $90,000 | $90,000 | $0 |
| 2020 | $477 | $90,000 | $90,000 | $0 |
| 2019 | $477 | $90,000 | $90,000 | $0 |
| 2018 | $0 | $90,000 | $90,000 | $0 |
| 2017 | $432 | $90,000 | $90,000 | $0 |
| 2016 | $432 | $90,000 | $90,000 | $0 |
| 2015 | -- | $90,000 | $90,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Raju Uppalapati
-
I
Seller Co-Listing Agent in 2022
Iryna Snyder
Outer Banks Realty Group
-
Ronald Barrett
Buyer's Agent in 2022
Ronald Barrett
Brindley Beach Vacations & Sales - Cor
(252) 202-8999
34 in this area
40 Total Sales
-
Ashley Massey
Seller's Agent in 2021
Ashley Massey
Landmark Sotheby's Internation
(252) 202-4874
13 in this area
51 Total Sales
-
Jessica Evans
J
Seller Co-Listing Agent in 2021
Jessica Evans
Coastal Carolina Vacations
(252) 305-0629
11 in this area
45 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 114193
APN: 114E-000-0242-0000
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Information is deemed reliable but not guaranteed.
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