NOT LISTED FOR SALE

2142 Drake Rd Corolla, NC 27927

Carova Beach Area

Estimated Value: $212,000 - $372,000

0.3 Acre
$908,017 Price per Acre
13,068 Sq Ft Lot

Sale Details

Date Sold: September 11, 2018

Last sale price $60,000

Est. 354% increase in value since last sale

Current estimated payment $1,551 / mo

2 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Knotts Island Elementary School Rated 9+
  • Canal View

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

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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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $374

Property Views

  • Canal Views

Lot Details

  • 100 Feet of Waterfront
  • Home fronts a canal
  • Unpaved Streets

Utilities

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

Community Details

  • Carova Beach Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$374

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2018
Closed on
Aug 22, 2018
Sold by
Bought by
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
$272,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,405
Avg. Annual Appreciation
20.99%
Original Mortgage
$45,000
Outstanding Balance
$25,266
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$247,139

Purchase Details

Closed on
Jul 8, 1999
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Corolla, NC

  • Rick Uhl Real Estate Agent - NC VA Land and Home Inc

    Rick Uhl

    NC VA Land and Home Inc

    (757) 909-6490

    66 Total Sales

    1 in Carova Beach

    $40,000 Price

    Rick Uhl
     Section Image
  • Kim Old Real Estate Agent - BHHS RW Towne Realty

    Kim Old

    BHHS RW Towne Realty

    (252) 421-6958

    300 Total Sales

    9 in Carova Beach

    $40K - $726K Price Range

    Kim Old
     Section Image
  • Jean-Paul Peron Real Estate Agent - eXp Realty

    Jean-Paul Peron

    eXp Realty

    (252) 573-5342

    152 Total Sales

    134 in Carova Beach

    $15K - $1.3M Price Range

    Jean-Paul Peron
     Section Image
  • Brenda Williams Real Estate Agent - Howard Hanna Real Estate Svcs.

    Brenda Williams

    Howard Hanna Real Estate Svcs.

    (757) 704-5844

    158 Total Sales

    3 in Carova Beach

    $60,000 Price Range

    Brenda Williams
     Section Image
  • Kevin Keogh Real Estate Agent - BHHS RW Towne Realty

    Kevin Keogh

    BHHS RW Towne Realty

    (757) 866-4412

    107 Total Sales

    1 in Carova Beach

    $145,000 Price

    Kevin Keogh
     Section Image
  • Susan Sullivan Real Estate Agent - Sun Realty of Nags Head/Harbin

    Susan Sullivan

    Sun Realty of Nags Head/Harbin

    (252) 336-9747

    106 Total Sales

    1 in Carova Beach

    $857,000 Price

    Susan Sullivan
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$60,000 None Available
$8,400 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 Real Estate Agent - Twiddy and Company - Wash Woods

    Seller's Agent in 2018

    Jason Summerton

    Twiddy and Company - Wash Woods

    (252) 202-0105

    325 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

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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