NOT LISTED FOR SALE

1445 Ocean Pearl Rd Corolla, NC 27927

Carova Beach Area

Estimated Value: $109,000 - $814,000

3.36 Acres
$142,613 Price per Acre
146,362 Sq Ft Lot

Sale Details

Date Sold: August 4, 2017

Last sale price $295,000

Est. 62% increase in value since last sale

Current estimated payment $2,820 / mo

2 Days on Market

Highlights

  • Beach Front
  • Knotts Island Elementary School Rated 9+
  • Ocean View

About This Lot

As of August 2017

Huge oceanfront acreage priced to steal! Large housepad area located in the x flood zone currently, even more on the preliminary floodmaps due out next year. County plat indicates nearly 3 acre track with 130 feet of water frontage. Land priced well below assessed land value of $440,000. Former home destroyed by house fire, Sellers are opting not to rebuild. Just a mile and a half from the paved road area this lot has a HUGE frontal dune. View of the lighthouse from standing on the lot. No other oceanfront acreage available anywhere near this price.

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 06/06/2017

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 06/06/2017

Range of Values:

--
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

  • $5,973

Property Views

  • Ocean
  • Park or Greenbelt

Lot Details

  • Beach Front
  • 130 Feet of Waterfront

Utilities

  • Private Water Source
  • Well
  • Private or Community Septic Tank

Community Details

  • Ocean Beach Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$5,973

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: Cobra
  • Headline: Approx 3 acre Oceanfront
  • L V T Date: 06/06/2017
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 084
  • Office License Number: C4556
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean, Park Serv./Preserve
  • Water Frontage: 130

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Private, Well
  • Electric: Available

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Deed Book: 491
  • Unit/Lot Number: Lot#7

Tax Info

  • Year: 2016
  • Taxes: 5973

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

Listed on
Jun 6, 2017
Closed on
Jun 29, 2017
Sold by
Bought by
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%
Current Estimated Value
$479,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,180
Avg. Annual Appreciation
5.54%
Original Mortgage
$23,250
Outstanding Balance
$18,883
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$460,297

Purchase Details

Closed on
Apr 27, 2000
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
$295,000 Attorney
$287,000 --
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
Open $23,250
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
08/04/2017 08/04/17 Sold $295,000 -9.2% --
06/08/2017 06/08/17 Pending -- -- --
06/06/2017 06/06/17 For Sale $325,000 -- --
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 $2,230 $341,600 $341,600 $0
2024 $2,230 $341,600 $341,600 $0
2023 $1,913 $341,600 $341,600 $0
2022 $1,571 $341,600 $341,600 $0
2021 $1,571 $440,000 $440,000 $0
2020 $2,112 $440,000 $440,000 $0
2019 $2,112 $440,000 $440,000 $0
2018 $2,128 $440,000 $440,000 $0
2017 $2,130 $1,216,500 $440,000 $776,500
2016 $5,972 $1,216,500 $440,000 $776,500
2015 $5,973 $1,216,500 $440,000 $776,500
Source: Public Records

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 96708

Outer Banks Association of REALTORS®

APN: 113A-000-0007-0000

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