NOT LISTED FOR SALE

1877 Ocean Pearl Rd Corolla, NC 27927

Estimated Value: $1,057,000

10.57 Acres
$100,000 Price per Acre
460,429 Sq Ft Lot

Sale Details

Date Sold: August 14, 2020

Last sale price $400,000

Est. 164% increase in value since last sale

Current estimated payment $5,938 / mo

1214 Days on Market

About This Lot

As of August 2020

This is an incredible parcel located mostly in the x flood zone! 10 acre oceanfront lot with rolling vegetated dunes and 125 ft on the Atlantic Ocean with Sound views as well. Part of the Swan Island Estates, an oceanfront only subdivision, this lot can support your second home or accommodate a large rental investment property. Rental income schematics available for 5-25 bedroom projects upon request. The adjacent 10 acre oceanfront parcel is also available giving you 20 acres of oceanfront for additional privacy or development options. SELLER FINANCING AVAILABLE.

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 04/02/2017

Co-Listed By

Janice Scarborough

Brindley Beach Vacations & Sales - Cor License #265742

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 04/02/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,752

Property Views

  • Ocean
  • Views of a Sound
  • Park or Greenbelt

Lot Details

  • Beach Front
  • 125 Feet of Waterfront
  • 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
  • Directions: North on beach for 6 miles. Lot on left
  • Flood Zone: AE, Cobra, VE, X
  • Headline: 10 acres SELLER FINANCING
  • L V T Date: 04/03/2017
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 544
  • 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
  • Water Frontage: 125

Utilities

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

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Deed Book: 1391
  • Unit/Lot Number: Lot#4

Tax Info

  • Year: 2019
  • Taxes: 1752

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2016
Sold by
Steinberg Charles D and Steinberg Susan C
Bought by
Carova Beach Llc
Current Estimated Value
$1,057,000

Purchase Details

Closed on
Oct 1, 2004
Bought by
Steinberg Charles and Steinberg Susan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Carova Beach Llc $700,000 Attorney
Steinberg Charles $2,600,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $400,000 -10.9% --
07/29/2020 07/29/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $449,000 +12.3% --
07/01/2020 07/01/20 Off Market $400,000 -- --
07/26/2019 07/26/19 Price Changed $449,000 -5.5% --
04/23/2019 04/23/19 Price Changed $475,000 -5.0% --
09/04/2018 09/04/18 For Sale $499,900 0.0% --
07/11/2018 07/11/18 Pending -- -- --
04/17/2018 04/17/18 Price Changed $499,900 -9.1% --
04/02/2017 04/02/17 For Sale $549,900 -- --
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 $2,480 $400,000 $400,000 $0
2024 $2,480 $400,000 $400,000 $0
2023 $2,240 $400,000 $400,000 $0
2022 $1,840 $400,000 $400,000 $0
2021 $1,840 $365,000 $365,000 $0
2020 $1,752 $365,000 $365,000 $0
2019 $1,752 $365,000 $365,000 $0
2018 $0 $365,000 $365,000 $0
2017 $1,752 $365,000 $365,000 $0
2016 $1,752 $365,000 $365,000 $0
2015 $1,752 $365,000 $365,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 95884

Outer Banks Association of REALTORS®

APN: 100A-000-0004-0000

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