NOT LISTED FOR SALE

1503 Ocean Pearl Rd Corolla, NC 27927

Carova Beach Area

Estimated Value: $932,000 - $938,813

11.29 Acres
$82,853 Price per Acre
491,792 Sq Ft Lot

Sale Details

Date Sold: December 11, 2023

Last sale price $940,000

Current estimated payment $5,385 / mo

745 Days on Market

Highlights

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

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

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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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

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
Jul 31, 2021
Closed on
Nov 1, 2023
Sold by
Bought by
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
$935,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,593
Avg. Annual Appreciation
-0.19%
Original Mortgage
$140,000
Outstanding Balance
$111,670
Interest Rate
7.03%
Mortgage Type
Seller Take Back
Estimated Equity
$823,737

Purchase Details

Closed on
Sep 18, 1998
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

  • Kevin Keogh Real Estate Agent - BHHS RW Towne Realty

    Kevin Keogh

    BHHS RW Towne Realty

    (757) 866-4412

    108 Total Sales

    1 in Carova Beach

    $145,000 Price

    Kevin Keogh
     Section Image
  • Susan Sullivan Real Estate Agent - Sun Realty of Nags Head/Harbin

    Susan Sullivan

    Sun Realty of Nags Head/Harbin

    (252) 336-9747

    106 Total Sales

    1 in Carova Beach

    $857,000 Price

    Susan Sullivan
     Section Image
  • Theresa Reese Real Estate Agent - Inner Banks Real Estate Group, Inc.

    Theresa Reese

    Inner Banks Real Estate Group, Inc.

    (757) 891-6097

    87 Total Sales

    3 in Carova Beach

    $450,000 Price Range

    Theresa Reese
     Section Image
  • Diana Brink Real Estate Agent - A Better Way Realty, Inc.

    Diana Brink

    A Better Way Realty, Inc.

    (252) 302-2160

    495 Total Sales

    4 in Carova Beach

    $223K - $980K Price Range

    Diana Brink
     Section Image
  • Steven Gross Real Estate Agent - Twiddy and Company - Corolla

    Steven Gross

    Twiddy and Company - Corolla

    (252) 689-7140

    45 Total Sales

    9 in Carova Beach

    $38K - $193K Price Range

    Steven Gross
     Section Image
  • Trisha Midgett Real Estate Agent - Midgett Realty - Rodanthe

    Trisha Midgett

    Responds Quickly

    Midgett Realty - Rodanthe

    (252) 650-8051

    1,066 Total Sales

    12 in Carova Beach

    $40K - $1.2M Price Range

    Trisha Midgett
     Section Image
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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
$940,000 None Listed On Document
$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 $140,000
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
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

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 $2,806 $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 Real Estate Agent - OBX Homes

    Seller's Agent in 2023

    Heather McLay

    OBX Homes

    (252) 202-3409

    111 Total Sales

    Heather McLay
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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.

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