NOT LISTED FOR SALE

1981 Ocean Pearl Rd Corolla, NC 27927

Estimated Value: $616,000 - $757,000

0.34 Acre
$1,991,603 Price per Acre
14,810 Sq Ft Lot

Last Sold October 06, 2020

Last sale price $75,000

Est. 803% increase in value since last sale

Current estimated payment $3,773/month

42 Days on Market

About This Lot

As of October 2020

Incredible corner lot location with direct beach access and enormous elevation! North Swan Beach is in the 4x4 area of Corolla and located about 7 miles up the beach. Build your new beach house here and have beautiful Atlantic Ocean views! This is a very unique beach area, where Wild Spanish Mustangs roam along with other wildlife of Currituck County. Don't miss your opportunity to own a piece of the Northern Outer Banks. SELLER FINANCING considered

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 07/13/2020

Co-Listed By

Janice Scarborough

Howard Hanna Outer Banks Realt License #265742

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 07/13/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $214

Lot Details

  • 0.34 Acre Lot
  • Unpaved Streets

HOA Fees

  • $4 Monthly HOA Fees

Community Details

  • North Swan Bch Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$214

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Go 6.6 miles north pu the beach and take Bitter Root Ln in between MP 19.5 & 20. Take your 3rd right onto Ocean Pearl and the lot is on the corner to the right.
  • Flood Zone: X
  • Headline: N Swan Beach X Flood Zone
  • L V T Date: 07/13/2020
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res
  • Deed Book Pg Number: 648
  • 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

Utilities

  • Electric: Available

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 50

Lot Info

  • Estimated Lot Sq Ft: 14810
  • Lot Faces: W
  • Estimated Lot Size: 0.34
  • Deed Book: 1412
  • Unit/Lot Number: Lot 86

Tax Info

  • Year: 2019
  • Taxes: 213.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Sep 22, 2020
Sold by
Carolina Belle Llc
Bought by
Maurer Michael C and Garcia Evelyn M
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$78,000
Sold Price
$75,000
Premium/Discount to List
-$3,000
-3.85%
Current Estimated Value
$677,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$602,145
Avg. Annual Appreciation
52.06%

Purchase Details

Listed on
May 30, 2017
Closed on
Jul 10, 2017
Sold by
White Nancy V and White George D
Bought by
Carolina Belle Llc
Seller's Agent
Matt Preston
Twiddy and Company - Corolla
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%

Purchase Details

Closed on
Sep 3, 1992
Bought by
Vanduzer Nancy E
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

Date Buyer Sale Price Title Company
Maurer Michael C $75,000 None Available
Carolina Belle Llc $50,000 Attorney
Vanduzer Nancy E $28,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2020 10/06/20 Sold $75,000 -3.8% --
08/24/2020 08/24/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $78,000 0.0% --
07/22/2020 07/22/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $78,000 +56.0% --
07/13/2017 07/13/17 Sold $50,000 -9.1% -- View Prior Sale
06/07/2017 06/07/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $55,000 -- --
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
2025 $2,785 $406,500 $40,000 $366,500
2024 $2,785 $406,500 $40,000 $366,500
2023 $2,523 $406,500 $40,000 $366,500
2022 $1,058 $385,000 $40,000 $345,000
2021 $184 $44,500 $44,500 $0
2020 $214 $44,500 $44,500 $0
2019 $214 $44,500 $44,500 $0
2018 $0 $44,500 $44,500 $0
2017 $214 $44,500 $44,500 $0
2016 $214 $44,500 $44,500 $0
2015 $214 $44,500 $44,500 $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

    340 in this area

    376 Total Sales

    Jason Summerton
    Section Image
  • Janice Scarborough

    Seller Co-Listing Agent in 2020

    Janice Scarborough

    Howard Hanna Outer Banks Realt

    (252) 722-2410

    39 in this area

    56 Total Sales

    Janice Scarborough
    Section Image
  • Matt Preston

    Seller's Agent in 2017

    Matt Preston

    Twiddy and Company - Corolla

    (252) 207-6143

    42 in this area

    155 Total Sales

    Matt Preston
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110082

Outer Banks Association of REALTORS®

APN: 099A-000-0086-0003

North Carolina Currituck County Corolla 27927

1981 Ocean Pearl Rd, Corolla, NC

Not Listed for Sale

Lots

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