NOT LISTED FOR SALE

2169 Teal Rd Corolla, NC 27927

Estimated Value: $174,199 - $275,000

0.35 Acre
$643,046 Price per Acre
15,246 Sq Ft Lot

Last Sold September 06, 2023

Last sale price $160,000

Est. 38% increase in value since last sale

Current estimated payment $1,205/month

187 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Canal View
  • Level Lot

About This Lot

As of September 2023

Ready to start building your dream beach home? Look no further! This amazing canalfront lot is one of the best priced on the Outer Banks, and it's the perfect spot to bring your vision to life. Work has already been done to clear the lot and install the bulkhead, so you can start planning your dream home right away. Plus, with an old perc test on file for a 4 bedroom house, you have the flexibility to create the home of your dreams. Nestled in a secluded area away from the commercialization of the other beaches, this lot offers the privacy and tranquility you've been seeking. Imagine waking up to the sound of the ocean and watching the Corolla Wild Horses wander by. With both land and water access, this is the ultimate beach getaway. Don't wait - act now!

Last Agent to Sell the Property

Jean-Paul Peron

EXP Realty, LLC - Coastal License #261870 Listed on: 12/27/2022

EXP Realty, LLC - Coastal

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $480

Lot Details

  • Lot Dimensions are 100 x 150
  • 100 Feet of Waterfront
  • Home fronts a canal
  • Level Lot
  • Unpaved Streets
  • Cleared Lot

Property Views

  • Canal Views

Community Details

  • Carova Beach Subdivision

Listing and Financial Details

  • Tax Block 5A

Property Details

Property Type

Land

Est. Annual Taxes

$480

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: N on the beach Left at Fire Station Ramp Right onOcean Pearl Rd. Left on Teal Rd. Lot on left
  • Flood Zone: Cobra, X, Shaded X
  • Subdivision Name: Carova Beach
  • Headline: Cleared & Bulkheaded
  • L V T Date: 12/27/2022
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 5
  • Waterfront Location: Canalfront
  • Zoning: SFR
  • Deed Book Pg Number: 1
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C22682
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 100
  • View: Canal
  • Water Frontage: 100

Utilities

  • Electric: Available

Lot Info

  • Lot Description: Bulkheaded, Level, Water Frontage, Cleared
  • Lot Size: 100 x 150
  • Deed Book: 1458
  • Unit/Lot Number: Lot #9

Tax Info

  • Year: 2022
  • Taxes: 480.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2022
Closed on
Jul 12, 2023
Sold by
Kos Edmund
Bought by
Mcgrath Cray Patrick and Mcgrath Chay Patrick
Seller's Agent
Jean-Paul Peron
EXP Realty, LLC - Coastal
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Views
512
Current Estimated Value
$220,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,624
Avg. Annual Appreciation
15.70%

Purchase Details

Listed on
Apr 8, 2018
Closed on
Sep 4, 2018
Sold by
Sargent Cwles Frances
Bought by
Kos Edmund
Seller's Agent
Jean-Paul Peron
EXP Realty, LLC - Coastal
Buyer's Agent
Jean-Paul Peron
EXP Realty, LLC - Coastal
List Price
$60,000
Sold Price
$65,000
Premium/Discount to List
$5,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.87%
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
Mcgrath Cray Patrick -- None Listed On Document
Mcgrath Cray Patrick -- None Listed On Document
Kos Edmund $65,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2023 09/06/23 Sold $160,000 -8.6% --
07/02/2023 07/02/23 Pending -- -- --
12/27/2022 12/27/22 For Sale $175,000 +169.2% --
09/18/2018 09/18/18 Sold $65,000 -10.3% -- View Prior Sale
08/02/2018 08/02/18 Pending -- -- --
04/10/2018 04/10/18 Price Changed $72,500 +20.8% --
04/08/2018 04/08/18 For Sale $60,000 -- --
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 $641 $100,100 $88,000 $12,100
2024 $641 $100,100 $88,000 $12,100
2023 $641 $100,100 $88,000 $12,100
2022 $480 $100,100 $88,000 $12,100
2021 $470 $77,900 $77,900 $0
2020 $415 $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

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 121061

Outer Banks Association of REALTORS®

APN: 087A-05A-0009-0005