NOT LISTED FOR SALE

2167 Teal Rd Corolla, NC 27927

Estimated Value: $430,000 - $478,000

3 Beds
2 Baths
1,144 Sq Ft
$399/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $400,000 $350 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,653/month

37 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Canal View
  • Cathedral Ceiling
  • Private Dock
  • Beach Box Architecture
  • Furnished

About This Home

As of October 2021

WOW! This house feels like its hardly been lived in because it's hardly been lived in. Always a true 2nd home, this cute 3 bedroom waterfront house sits tucked away near the end of the street where only other home owners are likely to drive by. ON the other side the house sits along a nice wide canal, and offers bulkheading and a pier to tie your boats up to. Inside that house has been meticulously maintained and barely used. It offers a large master suite for its size, two more bedrooms for guests, a LARGE outside shower, screened in porch for dining outside, and a large covered porch overlooking the canal.

Last Agent to Sell the Property

Jean-Paul Peron

EXP Realty, LLC - Coastal License #261870 Listed on: 08/18/2021

EXP Realty, LLC - Coastal

Last Buyer's Agent

Len Cusato

Keller Williams - Outer Banks License #284979

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,130

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 100 x 150
  • 100 Feet of Waterfront
  • Home fronts a canal
  • Unpaved Streets
  • Property is zoned RO2

Parking

  • Off-Street Parking

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,144 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Screened Porch
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Private Dock
  • Covered Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Water Filtration System
  • Private Water Source
  • Well
  • Private or Community Septic Tank

Community Details

  • Built by Carova Beach Builders
  • Carova Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 18 / 19

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,130

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: North up the beach. West on Shark Ln. North on Ocean Pearl Rd. South on Teal Rd. House on left.
  • Extras: Ceiling Fan(s), Covered Decks, Outside Shower, Screened Porch, Smoke Detector(s), Water Filter, Boat Dock
  • Flood Zone: Cobra, Shaded X, X
  • Subdivision Name: Carova Beach
  • Headline: Feels Practically New
  • Heated Sq Ft: 1144
  • L V T Date: 08/20/2021
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Canalfront
  • Zoning: RO2
  • Deed Book Pg Number: 52
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C23379
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ensuite

Exterior Features

  • Homebuilder: Carova Beach Builders
  • Construction: Frame, Wood
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Canal
  • Water Frontage: 100

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Forced Air, Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Private, Well

Lot Info

  • Lot Description: Bulkheaded, Water Frontage
  • Lot Size: 100 X 150
  • Lot Number: Lot 18
  • Deed Book: 1442

Rental Info

  • Est Annual Rental Income: 30226
  • Estimated Rental Performance: 0.0756

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2020
  • Taxes: 1130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Oct 15, 2021
Sold by
Salmons Michael H and Salmons Kimberly
Bought by
Heagle Michelle and Cascarano Michael John
Seller's Agent
Jean-Paul Peron
EXP Realty, LLC - Coastal
Buyer's Agent
Len Cusato
Keller Williams - Outer Banks
List Price
$430,000
Sold Price
$400,000
Premium/Discount to List
-$30,000
-6.98%
Current Estimated Value
$478,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,628
Avg. Annual Appreciation
3.24%
Original Mortgage
$360,000
Outstanding Balance
$326,858
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$130,096

Purchase Details

Closed on
Nov 20, 1987
Bought by
Salmons Michael H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Heagle Michelle $400,000 None Available
Salmons Michael H $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heagle Michelle $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $400,000 -3.6% $350 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/10/2021 09/10/21 Price Changed $415,000 -3.5% $363 / Sq Ft
08/18/2021 08/18/21 For Sale $430,000 -- $376 / Sq Ft
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 $1,734 $222,800 $88,000 $134,800
2024 $1,734 $222,800 $88,000 $134,800
2023 $1,725 $222,800 $88,000 $134,800
2022 $1,308 $222,800 $88,000 $134,800
2021 $1,278 $200,100 $77,900 $122,200
2020 $1,130 $200,100 $77,900 $122,200
2019 $1,130 $200,100 $77,900 $122,200
2018 $1,110 $200,100 $77,900 $122,200
2017 $1,074 $200,100 $77,900 $122,200
2016 $1,074 $200,100 $77,900 $122,200
2015 $1,074 $200,100 $77,900 $122,200
Source: Public Records

Agents Affiliated with this Home

  • Jean-Paul Peron

    Seller's Agent in 2021

    Jean-Paul Peron

    EXP Realty, LLC - Coastal

    (252) 564-9390

    178 in this area

    200 Total Sales

    Jean-Paul Peron
    Section Image
  • Len Cusato

    Buyer's Agent in 2021

    Len Cusato

    Keller Williams - Outer Banks

    (252) 489-3065

    111 in this area

    166 Total Sales

    Len Cusato
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115798

Outer Banks Association of REALTORS®

APN: 087A-05A-0010-0005

North Carolina Currituck County Corolla 27927

2167 Teal Rd, Corolla, NC

Not Listed for Sale

Detached

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