NOT LISTED FOR SALE

1607 Ocean Pearl Rd Corolla, NC 27927

Estimated Value: $112,000 - $1,274,000

0.34 Acre
$2,717,006 Price per Acre
14,985 Sq Ft Lot

Last Sold August 09, 2023

Last sale price $83,500

Est. 1,019% increase in value since last sale

Current estimated payment $5,286/month

6 Days on Market

About This Lot

As of August 2023

Fantastic 5th row lot with excellent elevation in Swan Beach. Ocean Views just standing on the lot! Located in the X flood zone, a future home at this location could have ocean and potentially sound views. Would make a perfect site for a second home or vacation rental house! Extra pedestrian easement running along the north side of property out to the beach. Drive access to the beach very easy as well!

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 07/11/2023

Co-Listed By

Emily Morris

Twiddy and Company - Wash Woods License #304377

Last Buyer's Agent

Betty Neal

Keller Williams - Outer Banks License #60983

Keller Williams - Outer Banks

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $276

Lot Details

  • Unpaved Streets

Community Details

  • Swan Beach Subdivision

Listing and Financial Details

  • Tax Block 12

Property Details

Property Type

Land

Est. Annual Taxes

$276

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: Cobra, X
  • Headline: Great Elevation
  • L V T Date: 07/11/2023
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: SFR
  • Deed Book Pg Number: 122
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Electric: Available

Lot Info

  • Deed Book: 1061
  • Unit/Lot Number: Lot #16

Tax Info

  • Year: 2022
  • Taxes: 276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2025
Sold by
1607 Ocean Pearl Llc
Bought by
Gaskins Ethan
Current Estimated Value
$934,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$954,400
Outstanding Balance
$952,584
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
-$17,934

Purchase Details

Closed on
Apr 17, 2025
Sold by
Neal David L and Neal Betty B
Bought by
1607 Ocean Pearl Llc

Purchase Details

Listed on
Jul 11, 2023
Closed on
Jul 25, 2023
Sold by
Harrell Bryan K
Bought by
Neal David L and Neal Betty B
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Betty Neal
Keller Williams - Outer Banks
List Price
$89,900
Sold Price
$83,500
Premium/Discount to List
-$6,400
-7.12%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
155.02%

Purchase Details

Closed on
May 23, 2008
Sold by
Jarosz Katie and Jarosz Jeremy P
Bought by
Harrell Bryan K

Purchase Details

Closed on
Dec 17, 2004
Sold by
Mccarthy Roxanne Drumm
Bought by
Harrell Bryan K and Harrell Katie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,500
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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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
Gaskins Ethan $1,193,000 None Listed On Document
1607 Ocean Pearl Llc -- None Listed On Document
Neal David L $501,000 None Listed On Document
Neal David L $501,000 None Listed On Document
Harrell Bryan K -- None Available
Harrell Bryan K $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaskins Ethan $954,400
Previous Owner Harrell Bryan K $190,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2023 08/09/23 Sold $83,500 -7.1% --
07/17/2023 07/17/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $89,900 -- --
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 $5,709 $60,000 $60,000 $0
2024 $372 $60,000 $60,000 $0
2023 $372 $60,000 $60,000 $0
2022 $276 $60,000 $60,000 $0
2021 $276 $64,700 $64,700 $0
2020 $311 $64,700 $64,700 $0
2019 $311 $64,700 $64,700 $0
2018 $0 $64,700 $64,700 $0
2017 $311 $64,700 $64,700 $0
2016 $311 $64,700 $64,700 $0
2015 $311 $64,700 $64,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Summerton

    Seller's Agent in 2023

    Jason Summerton

    Twiddy and Company - Wash Woods

    (252) 202-0105

    335 in this area

    369 Total Sales

    Jason Summerton
    Section Image
  • Emily Morris

    Seller Co-Listing Agent in 2023

    Emily Morris

    Twiddy and Company - Wash Woods

    (703) 624-2737

    255 in this area

    270 Total Sales

    Emily Morris
    Section Image

  • B

    Buyer's Agent in 2023

    Betty Neal

    Keller Williams - Outer Banks

    (252) 202-5279

    14 in this area

    80 Total Sales

    Betty Neal
    Section Image
  • Sarah Brown

    Buyer Co-Listing Agent in 2023

    Sarah Brown

    Keller Williams - Outer Banks

    (252) 202-4251

    16 in this area

    86 Total Sales

    Sarah Brown
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 122756

Outer Banks Association of REALTORS®

APN: 101A-012-0016-0001

North Carolina Currituck County Corolla 27927

1607 Ocean Pearl Rd, Corolla, NC

Not Listed for Sale

Lots

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