NOT LISTED FOR SALE

1887 Ocean Pearl Rd Corolla, NC 27927

Carova Beach Area

Estimated Value: $726,000 - $730,953

10.9 Acres
$66,833 Price per Acre
474,804 Sq Ft Lot

Sale Details

Date Sold: July 7, 2021

Last sale price $550,000

Est. 32% increase in value since last sale

Current estimated payment $4,219 / mo

1 Day on Market

Highlights

  • Beach Front
  • Ocean View
  • Wooded Lot
  • Knotts Island Elementary School Rated 9+

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

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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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

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 Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 29, 2021
Sold by
Bought by
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
$728,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,477
Avg. Annual Appreciation
5.70%
Original Mortgage
$432,000
Outstanding Balance
$383,795
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$344,682

Purchase Details

Listed on
May 21, 2013
Closed on
Jul 10, 2014
Sold by
Bought by
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
Bought by

Purchase Details

Closed on
May 5, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 9, 2010
Sold by
Bought by

Purchase Details

Closed on
May 11, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 28, 2005
Sold by
Bought by

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Corolla, NC

  • Melissa Morgan Real Estate Agent - Landmark Sotheby's Internation

    Melissa Morgan

    Landmark Sotheby's Internation

    (252) 421-6771

    59 Total Sales

    1 in Carova Beach

    $180,000 Price

    Melissa Morgan
     Section Image
  • Ashley Ladd Real Estate Agent - Twiddy and Co. - Duck

    Ashley Ladd

    Twiddy and Co. - Duck

    (984) 833-2316

    20 Total Sales

    1 in Carova Beach

    $1,320,000 Price

    Ashley Ladd
     Section Image
  • Lynn Bulman Real Estate Agent - Howard Hanna Outer Banks Realty

    Lynn Bulman

    Howard Hanna Outer Banks Realty

    (252) 404-8028

    284 Total Sales

    2 in Carova Beach

    $76,500 Price Range

    Lynn Bulman
     Section Image
  • Missi Dermatas Real Estate Agent - Outer Banks Realty Group

    Missi Dermatas

    Outer Banks Realty Group

    (743) 222-3608

    29 Total Sales

    1 in Carova Beach

    $1,500,000 Price

    Missi Dermatas
     Section Image
  • Crystal Swain Real Estate Agent - Twiddy and Company - Corolla

    Crystal Swain

    Twiddy and Company - Corolla

    (252) 573-2174

    92 Total Sales

    18 in Carova Beach

    $110K - $1.9M Price Range

    Crystal Swain
     Section Image
  • Robert Ladd Real Estate Agent - Twiddy and Co. - Duck

    Robert Ladd

    Twiddy and Co. - Duck

    (252) 421-5155

    43 Total Sales

    1 in Carova Beach

    $150,000 Price

    Robert Ladd
     Section Image
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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
$250,000 Brumsey And Brumsey Pllc
$1,750,000 None Available
-- None Available
$276,500 None Available
$106,500 None Available
$457,000 None Available
$1,500,000 None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $432,000
Closed $432,000
Previous Owner $1,125,000
Previous Owner $300,000
Source: Public Records

Property 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 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 Real Estate Agent - Twiddy and Company - Wash Woods

    Seller's Agent in 2021

    Jason Summerton

    Twiddy and Company - Wash Woods

    (252) 202-0105

    333 Total Sales

    Jason Summerton
    Section Image
  • Emily Morris Real Estate Agent - Twiddy and Company - Wash Woods

    Seller Co-Listing Agent in 2021

    Emily Morris

    Twiddy and Company - Wash Woods

    (703) 624-2737

    257 Total Sales

    Emily Morris
    Section Image
  • Ilona Matteson Real Estate Agent - Beach Realty & Construction-KH

    Seller's Agent in 2014

    Ilona Matteson

    Beach Realty & Construction-KH

    (252) 619-5225

    46 Total Sales

    Ilona Matteson
    Section Image
  • Danielle Taylor Real Estate Agent - Keller Williams Outer Banks KDH

    Seller Co-Listing Agent in 2014

    Danielle Taylor

    Keller Williams Outer Banks KDH

    (252) 489-9185

    121 Total Sales

    Danielle Taylor
    Section Image
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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

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.

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