NOT LISTED FOR SALE

2137 Petrel Rd Corolla, NC 27927

Estimated Value: $231,000 - $444,000

0.32 Acre
$932,066 Price per Acre
14,058 Sq Ft Lot

Sale Details

Date Sold: July 31, 2017

Last sale price $72,500

Est. 315% increase in value since last sale

Current estimated payment $1,663 / mo

133 Days on Market

About This Lot

As of July 2017

Beautiful Canalfront lot. This lot may be going into the X flood zone according to new preliminary FEMA flood maps.

Last Agent to Sell the Property

Len Cusato

Keller Williams - Outer Banks License #284979 Listed on: 02/13/2017

Keller Williams - Outer Banks

Last Buyer's Agent

Jack Cook

All at Sea Realty License #223869

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $374

Lot Details

  • 14,058 Sq Ft Lot
  • Lot Dimensions are 100.2 x 140.3
  • Home fronts a canal
  • Unpaved Streets

Property Views

  • Canal Views

Utilities

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

Community Details

  • Carova Beach Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$374

Lot Details

0.32 Acres

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: AE, Cobra
  • Headline: Canalfront
  • L V T Date: 02/14/2017
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 7
  • Waterfront Location: Canalfront
  • Zoning: Res
  • Deed Book Pg Number: 664
  • Office License Number: C4556
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canal

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 14058
  • Lot Description: Water Frontage
  • Lot Size: 100.2 x 140.3
  • Deed Book: 263
  • Unit/Lot Number: Lot 46

Tax Info

  • Year: 2016
  • Taxes: 374

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2017
Closed on
Jul 17, 2017
Sold by
Labbee Paul and Labbee Patricia
Bought by
Mugan Daniel
Seller's Agent
Len Cusato
Keller Williams - Outer Banks
Buyer's Agent
Jack Cook
All at Sea Realty
List Price
$79,000
Sold Price
$72,500
Premium/Discount to List
-$6,500
-8.23%
Current Estimated Value
$300,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,303
Avg. Annual Appreciation
17.64%
Original Mortgage
$54,375
Outstanding Balance
$27,378
Interest Rate
3.18%
Mortgage Type
Commercial
Estimated Equity
$273,425

Purchase Details

Closed on
Sep 15, 1989
Bought by
Labbee Paul A and Labbee Patricia A
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
Mugan Daniel $72,500 Attorney
Labbee Paul A $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mugan Daniel $54,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2017 07/31/17 Sold $72,500 -8.2% --
06/26/2017 06/26/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $79,000 -- --
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 $813 $127,100 $88,000 $39,100
2024 $813 $127,100 $88,000 $39,100
2023 $813 $127,100 $88,000 $39,100
2022 $610 $127,100 $88,000 $39,100
2021 $597 $77,900 $77,900 $0
2020 $501 $77,900 $77,900 $0
2019 $382 $77,900 $77,900 $0
2018 $0 $77,900 $77,900 $0
2017 $374 $77,900 $77,900 $0
2016 $374 $77,900 $77,900 $0
2015 $374 $77,900 $77,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Len Cusato

    Seller's Agent in 2017

    Len Cusato

    Keller Williams - Outer Banks

    (252) 489-3065

    106 in this area

    152 Total Sales

    Len Cusato
    Section Image
  • Jack Cook

    Buyer's Agent in 2017

    Jack Cook

    All at Sea Realty

    (252) 256-2557

    27 Total Sales

    Jack Cook
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 95188

Outer Banks Association of REALTORS®

APN: 087A-000-0046-0007

North Carolina Currituck County Corolla 27927

2137 Petrel 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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