NOT LISTED FOR SALE

1871 Ocean Pearl Rd Corolla, NC 27927

Estimated Value: $2,389,000 - $2,876,784

10.46 Acres
$251,711 Price per Acre
455,638 Sq Ft Lot

Sale Details

Date Sold: December 28, 2018

Last sale price $695,000

Est. 256% increase in value since last sale

Current estimated payment $14,422 / mo

218 Days on Market

About This Lot

As of December 2018

This is it! 10 acre Ocean to Marsh building site bordering 1300+/- acres US Fish and Wildlife Preserve to the South. Unobstructed Southern Exposure sitting on 125ft of Ocean front! No neighbors to the West, East or South!! Majority of the buildable area is going into the X flood zone on the new flood maps due out at the end of 2018. This is one of the most unique parcels on the entire Outer Banks! Lot can support a significant event or rental home similar to others in the subdivision if desired. Adjacent home next door also for sale by same owners. MLS# 99427

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 04/24/2018

Last Buyer's Agent

Jean-Paul Peron

EXP Realty, LLC - Coastal License #261870

EXP Realty, LLC - Coastal

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,752

Property Views

  • Ocean
  • Views of a Sound
  • Park or Greenbelt

Lot Details

  • Ocean Front
  • Unpaved Streets

Utilities

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

Community Details

  • Swan Island Estates Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,752

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: Cobra
  • Headline: Borders 1300 acre preserve!
  • L V T Date: 04/25/2018
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 554
  • 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, Sound, Salt Marsh

Utilities

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

Lot Info

  • Lot Description: Adj to Park Serv./Preserv, Water Frontage
  • Deed Book: 1287
  • Unit/Lot Number: Lot# 1

Tax Info

  • Year: 2017
  • Taxes: 1751.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2018
Closed on
Dec 17, 2018
Sold by
Wh Acquisition Llc
Bought by
Rameika Edith H and The E V Hunter Trust
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jean-Paul Peron
EXP Realty, LLC - Coastal
List Price
$695,000
Sold Price
$695,000
Current Estimated Value
$2,475,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,780,056
Avg. Annual Appreciation
19.69%

Purchase Details

Listed on
Apr 28, 2014
Closed on
Apr 28, 2014
Sold by
Wild Pony Llc
Bought by
Wh Acquisition Llc and Wild Horses Ii Llc
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%

Purchase Details

Closed on
Jul 3, 2012
Sold by
Albemarle Regional Health Services Manag
Bought by
Tillman Brantley and Wild Pony Llc

Purchase Details

Closed on
May 11, 2012
Sold by
Tillman C Brantley and Tillman Carol B
Bought by
Wild Pony 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

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
Rameika Edith H $3,475,000 None Available
Wh Acquisition Llc $500,000 None Available
Tillman Brantley -- None Available
Wild Pony Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2018 12/28/18 Sold $695,000 0.0% --
11/28/2018 11/28/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $695,000 +39.0% --
04/29/2014 04/29/14 Sold $500,000 0.0% -- View Prior Sale
04/28/2014 04/28/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $500,000 -- --
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 $12,021 $1,896,100 $399,900 $1,496,200
2024 $12,012 $1,896,100 $399,900 $1,496,200
2023 $10,799 $1,896,100 $399,900 $1,496,200
2022 $4,274 $1,815,900 $399,900 $1,416,000
2021 $4,266 $364,900 $364,900 $0
2020 $1,752 $364,900 $364,900 $0
2019 $1,752 $364,900 $364,900 $0
2018 $1,752 $364,900 $364,900 $0
2017 $1,752 $364,900 $364,900 $0
2016 $1,752 $364,900 $364,900 $0
2015 -- $364,900 $364,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Summerton

    Seller's Agent in 2018

    Jason Summerton

    Twiddy and Company - Wash Woods

    (252) 202-0105

    317 in this area

    349 Total Sales

    Jason Summerton
    Section Image
  • Jean-Paul Peron

    Buyer's Agent in 2018

    Jean-Paul Peron

    EXP Realty, LLC - Coastal

    (252) 564-9390

    151 in this area

    172 Total Sales

    Jean-Paul Peron
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 100224

Outer Banks Association of REALTORS®

APN: 100A-000-0001-0000

North Carolina Currituck County Corolla 27927

1871 Ocean Pearl Rd, Corolla, NC

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