NOT LISTED FOR SALE

1887 Ocean Pearl Rd Corolla, NC 27927

Estimated Value: $723,000 - $732,172

10.9 Acres
$66,751 Price per Acre
474,804 Sq Ft Lot

Last Sold July 07, 2021

Last sale price $550,000

Est. 32% increase in value since last sale

Current estimated payment $4,069/month

1 Day on Market

Highlights

  • Beach Front
  • Ocean View
  • Wooded Lot

About This Lot

As of July 2021

Gorgeous 10 acre oceanfront lot with lots of elevation in the exclusive 15 lot subdivision of Swan Island Estates. No neighbors to the west so it is very private. This is a must see property.

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 05/06/2021

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: 05/06/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,753

Property Views

  • Ocean Views

Lot Details

  • Beach Front
  • Unpaved Streets
  • Wooded Lot

Utilities

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

Community Details

  • Swan Island Estates Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,753

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: AE, Cobra, VE, X
  • Headline: 10 acre Oceanfront lot!
  • L V T Date: 05/07/2021
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 232
  • 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

Utilities

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

Lot Info

  • Lot Description: Beach Frontage, Wooded
  • Deed Book: 1296
  • Unit/Lot Number: Lot 9

Tax Info

  • Year: 2020
  • Taxes: 1752.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 29, 2021
Sold by
Neely Ted K and Neely Linda G
Bought by
1887 Associates Llc
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Current Estimated Value
$727,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,586
Avg. Annual Appreciation
6.09%
Original Mortgage
$432,000
Outstanding Balance
$389,793
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$337,793

Purchase Details

Listed on
May 21, 2013
Closed on
Jul 10, 2014
Sold by
Shawe Alexander Peter and Tolleson Sara Meadows
Bought by
Neely Ii Ted K
Seller's Agent
Ilona Matteson
Beach Realty & Construction-KH
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$575,000
Sold Price
$350,000
Premium/Discount to List
-$225,000
-39.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%

Purchase Details

Closed on
Jul 8, 2010
Sold by
Shawe Alexander Peter and Shawe Anthony
Bought by
Shawe Alexander Peter and Shawe Anthony

Purchase Details

Closed on
May 5, 2010
Sold by
Scarpelli Anthony F
Bought by
Shawe Alexander Peter and Shawe Anthony

Purchase Details

Closed on
Apr 9, 2010
Sold by
Snead Orlando Carter and Snead Leigh Fitzpatrick
Bought by
Shawe Alexander Peter and Shawe Anthony

Purchase Details

Closed on
May 11, 2009
Sold by
Cohen Alan David
Bought by
Shawe Alexander P

Purchase Details

Closed on
Oct 28, 2005
Sold by
Owens Iii R V and Owens Julie T
Bought by
Cohen Alan David and Shawe Alexander Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
1887 Associates Llc $250,000 Brumsey And Brumsey Pllc
Neely Ii Ted K $1,750,000 None Available
Shawe Alexander Peter -- None Available
Shawe Alexander Peter $276,500 None Available
Shawe Alexander Peter $106,500 None Available
Shawe Alexander P $457,000 None Available
Cohen Alan David $1,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1887 Associates Llc $432,000
Previous Owner Cohen Alan David $1,125,000
Previous Owner Cohen Alan David $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2021 07/07/21 Sold $550,000 -8.2% --
05/07/2021 05/07/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $599,000 +71.1% --
07/16/2014 07/16/14 Sold $350,000 -39.1% -- View Prior Sale
06/06/2014 06/06/14 Pending -- -- --
05/21/2013 05/21/13 For Sale $575,000 -- --
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 $2,482 $400,300 $400,300 $0
2024 $2,482 $400,300 $400,300 $0
2023 $2,482 $400,300 $400,300 $0
2022 $1,841 $400,300 $400,300 $0
2021 $1,841 $365,200 $365,200 $0
2020 $1,753 $365,200 $365,200 $0
2019 $1,753 $365,200 $365,200 $0
2018 $1,753 $365,200 $365,200 $0
2017 $1,753 $365,200 $365,200 $0
2016 $1,753 $365,200 $365,200 $0
2015 $1,753 $365,200 $365,200 $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
  • Ilona Matteson

    Seller's Agent in 2014

    Ilona Matteson

    Beach Realty & Construction-KH

    (252) 619-5225

    2 in this area

    48 Total Sales

    Ilona Matteson
    Section Image
  • Danielle Taylor

    Seller Co-Listing Agent in 2014

    Danielle Taylor

    Keller Williams - Outer Banks

    (252) 489-9185

    120 Total Sales

    Danielle Taylor
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114262

Outer Banks Association of REALTORS®

APN: 100A-000-0009-0000

North Carolina Currituck County Corolla 27927

1887 Ocean Pearl Rd, Corolla, NC

Not Listed for Sale

Lots

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.