NOT LISTED FOR SALE

1286 Lost Lake Ln Corolla, NC 27927

Estimated Value: $1,146,000 - $1,441,000

0.29 Acres
$4,500,621 Price per Acre
12,632 Sq Ft Lot

Last Sold September 25, 2020

Last sale price $99,900

Est. 1,206% increase in value since last sale

Current estimated payment $7,499/month

550 Days on Market

Highlights

  • 109 Feet of Waterfront
  • Views of a Sound
  • Wooded Lot
  • Community Beach Access
  • Health Club
  • Community Pool

About This Lot

As of September 2020

Located on northern Outer Banks close to four wheel drive area. Beautiful lot providing sound front, lowland and sunset views from top floor of new structure. Villages At Ocean Hill amenities include lake front & ocean pools, tennis courts, fitness center, basketball court, playground, volleyball/shuffleboard courts, 8 acre lake and pedestrian walkways throughout. Lot is short distance to restaurants, shopping, Historic Corolla Village and four wheel drive area. Water tap and sewer hook up fees are PAID.

Last Agent to Sell the Property

Rubert Wilson III

Century 21 Nachman Realty License #217432 Listed on: 12/12/2018

Century 21 Nachman Realty

Last Buyer's Agent

Hunter Davis

Twiddy and Company - Corolla License #301647

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $557

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 66.4166.7x109.09x177.43
  • 109 Feet of Waterfront
  • Home fronts a sound
  • Property fronts a private road
  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $116 Monthly HOA Fees

Additional Features

  • Views of a Sound
  • Timber
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include common insurance, management, pool, road maintenance, tennis courts, walkways
  • Brian Smith Association, Phone Number (252) 255-0214
  • 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

$557

Lot Details

0.29 Acres

HOA Fees

$116 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Ocean Trail North to Villages At Ocean Hill- West on Ocean Hill Blvd-North on Lakeside Dr -West on Lost Lake Lane-left on cul-de sac
  • Flood Zone: AE
  • Subdivision Name: Villages At Ocean Hill
  • Headline: Sound views galore
  • L V T Date: 12/12/2018
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: res
  • Timber: Scattered
  • Deed Book Pg Number: 115
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C19525
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 66
  • View: Sound, Salt Marsh
  • Water Frontage: 109

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
  • Association Fee: Yes
  • Estimated Annual Fee: 1394
  • Hoa Contact: Brian Smith
  • HOA Contact: 252 255 0214
  • Fee Includes: Common Insurance, Management, Pool, Road Maintenance, Tennis Courts, Walkways

Lot Info

  • Estimated Lot Sq Ft: 12552
  • Lot Description: Cul-de-sac, Water Frontage, Wooded
  • Lot Size: 66.4166.7x109.09x177.43
  • Estimated Lot Size: 0.29
  • Deed Book: 1329
  • Unit/Lot Number: lot 247

Tax Info

  • Year: 2018
  • Taxes: 557

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2018
Closed on
Sep 10, 2020
Sold by
Schmidt Carl W and Schmidt Heidi
Bought by
Roseberry C Richard C and Roseberry Christina E
Seller's Agent
Rubert Wilson III
Century 21 Nachman Realty
Buyer's Agent
Hunter Davis
Twiddy and Company - Corolla
List Price
$99,900
Sold Price
$99,900
Current Estimated Value
$1,305,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,205,280
Avg. Annual Appreciation
59.83%

Purchase Details

Closed on
Jun 2, 2015
Sold by
Defense Llc
Bought by
Schmidt Carl W
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
Roseberry C Richard C $100,000 None Available
Schmidt Carl W $106,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $99,900 0.0% --
06/14/2020 06/14/20 Pending -- -- --
12/19/2019 12/19/19 For Sale $99,900 0.0% --
12/14/2019 12/14/19 Off Market $99,900 -- --
08/06/2019 08/06/19 Price Changed $99,900 -13.1% --
05/09/2019 05/09/19 Price Changed $114,900 -11.5% --
12/12/2018 12/12/18 For Sale $129,900 -- --
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 $6,206 $782,200 $75,000 $707,200
2024 $6,206 $782,200 $75,000 $707,200
2023 $6,190 $782,200 $75,000 $707,200
2022 $3,680 $609,300 $75,000 $534,300
2021 $383 $105,000 $105,000 $0
2020 $557 $105,000 $105,000 $0
2019 $557 $105,000 $105,000 $0
2018 $0 $105,000 $105,000 $0
2017 $504 $105,000 $105,000 $0
2016 $504 $105,000 $105,000 $0
2015 -- $175,000 $175,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 102943

Outer Banks Association of REALTORS®

APN: 114E-000-0247-0000

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