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 $1,548 / 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
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

  • Melissa Morgan Real Estate Agent - Landmark Sotheby's Internation

    Melissa Morgan

    Landmark Sotheby's Internation

    (252) 421-6771

    59 Total Sales

    1 in Carova Beach

    $180,000 Price

    Melissa Morgan
     Section Image
  • Ashley Ladd Real Estate Agent - Twiddy and Co. - Duck

    Ashley Ladd

    Twiddy and Co. - Duck

    (984) 833-2316

    19 Total Sales

    1 in Carova Beach

    $1,320,000 Price

    Ashley Ladd
     Section Image
  • Lynn Bulman Real Estate Agent - Howard Hanna Outer Banks Realty

    Lynn Bulman

    Howard Hanna Outer Banks Realty

    (252) 404-8028

    283 Total Sales

    2 in Carova Beach

    $76,500 Price Range

    Lynn Bulman
     Section Image
  • Crystal Swain Real Estate Agent - Twiddy and Company - Corolla

    Crystal Swain

    Twiddy and Company - Corolla

    (252) 573-2174

    90 Total Sales

    16 in Carova Beach

    $110K - $1.9M Price Range

    Crystal Swain
     Section Image
  • Robert Ladd Real Estate Agent - Twiddy and Co. - Duck

    Robert Ladd

    Twiddy and Co. - Duck

    (252) 421-5155

    42 Total Sales

    1 in Carova Beach

    $150,000 Price

    Robert Ladd
     Section Image
  • 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
See All Agents

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

    326 Total Sales

    Jason Summerton
    Section Image
See All Agents

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.