NOT LISTED FOR SALE

2142 Drake Rd Corolla, NC 27927

Estimated Value: $204,000 - $321,000

0.3 Acre
$848,497 Price per Acre
13,068 Sq Ft Lot

Last Sold September 11, 2018

Last sale price $60,000

Est. 324% increase in value since last sale

Current estimated payment $1,388/month

2 Days on Market

About This Lot

As of September 2018

Great canalfront lot with 100ft on the water! This lot also has easy beach access yet is away from all the hustle and bustle. Incredible price for this lot with nice elevation and beautiful live oaks.

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 07/24/2018

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 07/24/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $374

Lot Details

  • 100 Feet of Waterfront
  • 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

Listing Details

  • Class: LOTS/LAND
  • Directions: South on Ocean Pearl from fire station. First right onto Mallard.3rd right, lot on left
  • Flood Zone: AE, Cobra
  • Headline: 100 ft canal lot!
  • L V T Date: 07/24/2018
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 7
  • Waterfront Location: Canalfront
  • Zoning: Res
  • Deed Book Pg Number: 0774
  • Destination Commerce Corp: Yes
  • Office License Number: C4556
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canal
  • Water Frontage: 100

Utilities

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

Lot Info

  • Lot Description: Water Frontage
  • Deed Book: 0468
  • Unit/Lot Number: Lot 6

Tax Info

  • Year: 2017
  • Taxes: 374

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2018
Closed on
Aug 22, 2018
Sold by
Ashworth Genie S
Bought by
Davenport Chase
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$62,500
Sold Price
$60,000
Premium/Discount to List
-$2,500
-4%
Current Estimated Value
$254,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,549
Avg. Annual Appreciation
21.89%
Original Mortgage
$45,000
Outstanding Balance
$26,986
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$227,563

Purchase Details

Closed on
Jul 8, 1999
Bought by
Ashworth Genie S
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
Davenport Chase $60,000 None Available
Ashworth Genie S $8,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davenport Chase $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2018 09/11/18 Sold $60,000 -4.0% --
07/26/2018 07/26/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $62,500 -- --
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 $651 $101,700 $88,000 $13,700
2024 $651 $101,700 $88,000 $13,700
2023 $651 $101,700 $88,000 $13,700
2022 $488 $101,700 $88,000 $13,700
2021 $478 $77,900 $77,900 $0
2020 $382 $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

  • Jason Summerton

    Seller's Agent in 2018

    Jason Summerton

    Twiddy and Company - Wash Woods

    (252) 202-0105

    343 in this area

    379 Total Sales

    Jason Summerton
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 101363

Outer Banks Association of REALTORS®

APN: 087A-000-0006-0007

North Carolina Currituck County Corolla 27927

2142 Drake Rd, Corolla, NC

Not Listed for Sale

Lots

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