$191,250
SOLD AUG 28, 2013

1949 Sandfiddler Rd Corolla, NC 27927

Carova Beach Neighborhood
1.01 Acres
$189,338 Price per Acre
44,000 Sq Ft Lot

Recently Sold

14% Below List Price

146 Days on Market

Highlights

  • 100 Feet of Waterfront
  • 44,000 Sq Ft lot
  • Corner Lot
  • Ocean View

About This Lot

As of October 2020

Foreclosure in Corolla Outer Banks. Oceanfront, bank owned, corner lot with about 100 feet of beach and ocean frontage. This is the lowest priced oceanfront lot in Corolla. Great opportunity for an investor or somebody looking to build a dream home.

Last Agent to Sell the Property

John Dean

Default, Office License #214687 Listed on: 03/06/2013

Co-Listed By

Anna Hunt

Brindley Beach Vacations & Sal License #231616

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,440

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 100x440
  • 100 Feet of Waterfront
  • Ocean Front
  • Corner Lot
  • Unpaved Streets

Property Views

  • Ocean Views

Community Details

  • North Swan Bch Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Block 2

Property Details

Property Type

Land

Est. Annual Taxes

$1,440

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Bank Owned: Yes
  • Flood Zone: VE
  • Headline: Corolla Oceanfront Foreclosure
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 697
  • Special Features: 20
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean
  • Water Frontage: 100

Utilities

  • Electric: Available

Lot Info

  • Estimated Lot Sq Ft: 44000
  • Lot Description: Corner, Water Frontage
  • Lot Size: 100x440
  • Deed Book: 1236
  • Unit/Lot Number: Lot#A

Tax Info

  • Year: 2013
  • Taxes: 1440.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Oct 20, 2020
Sold by
Franson John S and Franson Tracy D
Bought by
Ainslie Michael G and Ainslie Cynthia S
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%
Current Estimated Value
$1,155,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,212
Avg. Annual Appreciation
10.23%
Original Mortgage
$580,000
Outstanding Balance
$521,971
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$629,644

Purchase Details

Listed on
Oct 24, 2013
Closed on
Apr 2, 2014
Sold by
Neely Ted K and Neely Linda G
Bought by
Franson John S
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.68%
Original Mortgage
$375,000
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 6, 2013
Closed on
Aug 21, 2013
Sold by
Indymac Venture Llc
Bought by
Neely Ii Ted K
Seller's Agent
John Dean
Default, Office
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$221,900
Sold Price
$191,250
Premium/Discount to List
-$30,650
-13.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.76%

Purchase Details

Closed on
Feb 14, 2013
Sold by
Blakely Steven D and Blakely Brian
Bought by
Indymac Venture Llc

Purchase Details

Closed on
Nov 9, 2006
Sold by
Blakely Brian
Bought by
Blakely Steven Edward
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $725,000 None Available
Warranty Deed $280,000 None Available
Special Warranty Deed $191,500 None Available
Trustee Deed $193,500 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $580,000 New Conventional
Previous Owner $375,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $725,000 -3.3% $384 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $750,000 +167.9% $397 / Sq Ft
04/22/2014 04/22/14 Sold $280,000 -6.6% --
03/27/2014 03/27/14 Pending -- -- --
10/24/2013 10/24/13 For Sale $299,900 +56.8% --
08/28/2013 08/28/13 Sold $191,250 -13.8% --
07/30/2013 07/30/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $221,900 -- --
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $5,006 $744,200 $304,900 $439,300
2023 $5,006 $736,100 $304,900 $431,200
2022 $3,724 $736,100 $304,900 $431,200
2021 $3,615 $522,800 $229,900 $292,900
2020 $2,659 $522,800 $229,900 $292,900
2019 $2,659 $522,800 $229,900 $292,900
2018 $0 $522,800 $229,900 $292,900
2017 $2,623 $522,800 $229,900 $292,900
2016 $2,623 $522,800 $229,900 $292,900
2015 -- $229,900 $229,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Summerton

    Seller's Agent in 2020

    Jason Summerton

    Twiddy and Company - Wash Woods

    (252) 202-0105

    376 in this area

    417 Total Sales

    Section Image
  • Janice Scarborough

    Seller Co-Listing Agent in 2020

    Janice Scarborough

    Howard Hanna Outer Banks Realt

    (252) 722-2410

    79 in this area

    101 Total Sales

    Section Image

  • J

    Seller's Agent in 2013

    John Dean

    Default, Office

  • Anna Hunt

    Seller Co-Listing Agent in 2013

    Anna Hunt

    Brindley Beach Vacations & Sal

    (252) 573-8934

    2 in this area

    80 Total Sales

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 78124

Outer Banks Association of REALTORS®

APN: 099A-002-000A-0003

North Carolina Currituck County Corolla 27927 Carova Beach

1949 Sandfiddler Rd, Corolla, NC

This home is located at 1949 Sandfiddler Rd, Corolla, NC 27927 and is currently priced at $191,250. 1949 Sandfiddler Rd is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

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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