NOT LISTED FOR SALE

1503 Ocean Pearl Rd Corolla, NC 27927

Estimated Value: $920,000 - $934,900

11.29 Acres
$82,148 Price per Acre
491,792 Sq Ft Lot

Sale Details

Date Sold: December 11, 2023

Last sale price $940,000

Est. 1% decrease in value since last sale

Current estimated payment $5,181 / mo

745 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • 11.29 Acre Lot

About This Lot

As of December 2023

Amazing and rare 11.5 acre ocean to sound tract in the 4x4 area! Enjoy all the privacy of the northern beaches in this awesome location. With over 200 feet on the ocean and land which goes all the way to the sound, this property can accommodate a very large rental home that would allow for excellent annual rental income (call for projections). Possibility to divide too. Beautiful ocean and sound views, wild horses in your backyard, and lots of privacy. Only a few miles from the ramp at Penny's Hill, this unique property is an excellent opportunity to build a spectacular home! Make sure to check out the video tour by copy/ pasting the following into your browser: https://youtu.be/H1CLchDlPrY

Last Agent to Sell the Property

Heather McLay

OBX Homes License #188982 Listed on: 07/31/2021

OBX Homes

Last Buyer's Agent

Heather McLay

OBX Homes License #188982 Listed on: 07/31/2021

OBX Homes

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,082

Lot Details

  • 11.29 Acre Lot
  • Beach Front
  • Unpaved Streets

Property Views

  • Ocean Views
  • Views of a Sound

Property Details

Property Type

Land

Est. Annual Taxes

$2,082

Lot Details

11.29 Acres

Listing Details

  • Class: LOTS/LAND
  • Directions: Approx 2 miles north of ramp.
  • Headline: Ocean to Sound! Over 11 acres!
  • L V T Date: 07/31/2021
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: SFR
  • Deed Book Pg Number: 689
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C20671
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean, Sound

Lot Info

  • Estimated Lot Sq Ft: 491616
  • Lot Description: Beach Frontage
  • Estimated Lot Size: 11.29
  • Deed Book: 442

Tax Info

  • Year: 2022
  • Taxes: 2081.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2021
Closed on
Nov 1, 2023
Sold by
Northeast Passage Inc
Bought by
Blair Bryan P and Mofield Kelly E
Seller's Agent
Heather McLay
OBX Homes
Buyer's Agent
Heather McLay
OBX Homes
List Price
$985,000
Sold Price
$940,000
Premium/Discount to List
-$45,000
-4.57%
Views
168
Current Estimated Value
$927,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,550
Avg. Annual Appreciation
-0.56%
Original Mortgage
$140,000
Outstanding Balance
$119,058
Interest Rate
7.79%
Mortgage Type
Seller Take Back
Estimated Equity
$808,392

Purchase Details

Closed on
Sep 18, 1998
Bought by
Northeast Passage Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Blair Bryan P $940,000 None Listed On Document
Blair Bryan P $940,000 None Listed On Document
Northeast Passage Inc $375,000 --
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 Blair Bryan P $140,000
Closed Blair Bryan P $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2023 12/11/23 Sold $940,000 -4.6% --
08/15/2023 08/15/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $985,000 +4.8% --
07/14/2023 07/14/23 Off Market $940,000 -- --
11/21/2022 11/21/22 For Sale $985,000 +4.8% --
11/21/2022 11/21/22 Off Market $940,000 -- --
07/31/2021 07/31/21 For Sale $985,000 -- --
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 $2,806 $452,600 $452,600 $0
2024 $2,806 $452,600 $452,600 $0
2023 $2,535 $452,600 $452,600 $0
2022 $2,082 $452,600 $452,600 $0
2021 $2,082 $600,600 $600,600 $0
2020 $2,883 $600,600 $600,600 $0
2019 $2,883 $600,600 $600,600 $0
2018 $0 $600,600 $600,600 $0
2017 $2,883 $600,600 $600,600 $0
2016 $2,883 $600,600 $600,600 $0
2015 $2,883 $600,600 $600,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather McLay

    Seller's Agent in 2023

    Heather McLay

    OBX Homes

    (252) 202-3409

    17 in this area

    123 Total Sales

    Heather McLay
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115520

Outer Banks Association of REALTORS®

APN: 0102-000-0001-0000

North Carolina Currituck County Corolla 27927

1503 Ocean Pearl Rd, Corolla, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.