NOT LISTED FOR SALE

2005 Ocean Pearl Rd Corolla, NC 27927

Estimated Value: $60,488 - $72,000

0.34 Acre
$194,835 Price per Acre
14,810 Sq Ft Lot

Last Sold March 08, 2021

Last sale price $39,500

Est. 68% increase in value since last sale

Current estimated payment $371/month

198 Days on Market

About This Lot

As of March 2021

Great 5th row private lot with incredible live oaks and just two lots in from direct beach access in North Swan Beach. Lot has been recently thinned and easy to walk and see. Would make an ideal remote getaway for a second home or vacation rental.

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 05/26/2020

Co-Listed By

Janice Scarborough

Howard Hanna Outer Banks Realty License #265742

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 05/26/2020

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
  • Flood Zone: Cobra, X
  • Headline: Incredible Oaks!
  • L V T Date: 05/26/2020
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res
  • Deed Book Pg Number: 22
  • 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 Size: 0.34
  • Deed Book: 1130
  • Unit/Lot Number: Lot 29

Tax Info

  • Year: 2019
  • Taxes: 213.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Feb 24, 2021
Sold by
Carta Joseph D
Bought by
Brown Joseph W and Brown Cheryl A
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$45,300
Sold Price
$39,500
Premium/Discount to List
-$5,800
-12.8%
Current Estimated Value
$66,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,744
Avg. Annual Appreciation
11.27%

Purchase Details

Closed on
Jul 9, 2009
Sold by
Oaks Gail Merritt and Carta Gail O
Bought by
Carta Joseph D
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
Brown Joseph W $39,500 None Available
Brown Joseph W $197,500 Brumsey William
Carta Joseph D -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2021 03/08/21 Sold $39,500 -12.8% --
12/10/2020 12/10/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $45,300 -- --
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 $248 $40,000 $40,000 $0
2024 $248 $40,000 $40,000 $0
2023 $224 $40,000 $40,000 $0
2022 $184 $40,000 $40,000 $0
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 -- $44,500 $44,500 $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

    341 in this area

    377 Total Sales

    Jason Summerton
    Section Image
  • Janice Scarborough

    Seller Co-Listing Agent in 2021

    Janice Scarborough

    Howard Hanna Outer Banks Realty

    (252) 722-2410

    38 in this area

    55 Total Sales

    Janice Scarborough
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109419

Outer Banks Association of REALTORS®

APN: 099A-000-0029-0001

North Carolina Currituck County Corolla 27927

2005 Ocean Pearl Rd, Corolla, NC

Not Listed for Sale

Lots

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