NOT LISTED FOR SALE

1702 Ocean Pearl Rd Corolla, NC 27927

Estimated Value: $202,000 - $227,000

2.78 Acres
$77,158 Price per Acre
121,097 Sq Ft Lot

Last Sold October 12, 2021

Last sale price $150,000

Est. 43% increase in value since last sale

Current estimated payment $1,193/month

About This Lot

As of October 2021

Large parcel platted at over 2.75 acres adjacent to the Currituck Wildlife Refuge and direct beach access. This is a great opportunity to spread out and have some space while being close to the beach. Beautiful views over the Wildlife preserve. Adjoining parcels also available.

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 05/05/2021

Co-Listed By

Emily Morris

Twiddy and Company - Wash Woods License #304377

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 05/05/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $518

Property Views

  • Ocean
  • Park or Greenbelt

Lot Details

  • Unpaved Streets

Utilities

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

Community Details

  • Swan Beach Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$518

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: AE, Cobra
  • Headline: Over 2.75 acres!
  • L V T Date: 05/05/2021
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 1
  • Zoning: Res
  • Deed Book Pg Number: 896
  • 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

Exterior Features

  • View: Ocean, Park Serv./Preserve

Utilities

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

Lot Info

  • Lot Description: Adj to Park Serv./Preserv
  • Deed Book: 585
  • Unit/Lot Number: Lot D

Tax Info

  • Year: 2020
  • Taxes: 517.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Oct 5, 2021
Sold by
Friedman Nancy M
Bought by
Gates Wolcott Rivers and The Guardian Fo Corova Llc
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$214,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,500
Avg. Annual Appreciation
8.39%
Original Mortgage
$1,299,350
Outstanding Balance
$1,183,448
Interest Rate
3.01%
Estimated Equity
-$968,948

Purchase Details

Closed on
May 3, 2002
Bought by
Swan Beach Corolla Llc
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
Gates Wolcott Rivers $1,999,000 None Available
Swan Beach Corolla Llc $960,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gates Wolcott Rivers $1,299,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2021 10/12/21 Sold $150,000 0.0% --
05/05/2021 05/05/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $150,000 -- --
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 $775 $125,000 $125,000 $0
2024 $775 $125,000 $125,000 $0
2023 $700 $125,000 $125,000 $0
2022 $575 $125,000 $125,000 $0
2021 $575 $107,900 $107,900 $0
2020 $518 $107,900 $107,900 $0
2019 $518 $107,900 $107,900 $0
2018 $518 $107,900 $107,900 $0
2017 $518 $107,900 $107,900 $0
2016 $518 $107,900 $107,900 $0
2015 $518 $107,900 $107,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Summerton

    Seller's Agent in 2021

    Jason Summerton

    Twiddy and Company - Wash Woods

    (252) 202-0105

    337 in this area

    370 Total Sales

    Jason Summerton
    Section Image
  • Emily Morris

    Seller Co-Listing Agent in 2021

    Emily Morris

    Twiddy and Company - Wash Woods

    (703) 624-2737

    258 in this area

    273 Total Sales

    Emily Morris
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114221

Outer Banks Association of REALTORS®

APN: 101A-000-000D-0001

North Carolina Currituck County Corolla 27927

1702 Ocean Pearl Rd, Corolla, NC

Not Listed for Sale

Lots

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