NOT LISTED FOR SALE

2203 Ocean Pearl Rd Corolla, NC 27927

Carova Beach Neighborhood

Estimated Value: $724,920 - $759,000

0.34 Acre
$2,171,491 Price per Acre
14,810 Sq Ft Lot

Last Sold September 12, 2023

Last sale price $55,000

Est. 1,242% increase in value since last sale

Current estimated payment $4,039/month

67 Days on Market

Highlights

  • Wooded Lot
  • Timber
  • Level Lot

About This Lot

As of September 2023

Incredible 4x4 lot location with easy beach access in Carova Beach. Build your new beach house. Enjoy the beautiful Atlantic Ocean views and Wild Spanish Mustangs roaming about. Don't miss this opportunity to own a piece of the 4x4 in the X flood zone on the Outer Banks.

Last Agent to Sell the Property

Len Cusato

Keller Williams - Outer Banks License #284979 Listed on: 06/23/2023

Keller Williams - Outer Banks

Last Buyer's Agent

Len Cusato

Keller Williams - Outer Banks License #284979 Listed on: 06/23/2023

Keller Williams - Outer Banks

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $154

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Unpaved Streets
  • Cleared Lot
  • Wooded Lot

Farming

  • Timber

Utilities

  • Private Water Source
  • Private or Community Septic Tank

Community Details

  • Property has a Home Owners Association
  • Carova Beach Subdivision

Listing and Financial Details

  • Tax Block 3

Property Details

Property Type

Land

Est. Annual Taxes

$154

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: Cobra, X
  • Headline: Short Walk to Beach
  • L V T Date: 06/23/2023
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 4
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: SFR
  • Timber: Light
  • Deed Book Pg Number: 107
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply

Lot Info

  • Estimated Lot Sq Ft: 14810
  • Lot Description: Level, Wooded, Cleared
  • Estimated Lot Size: 0.34
  • Deed Book: 1446
  • Unit/Lot Number: Lot 11

Tax Info

  • Year: 2022
  • Taxes: 153.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2024
Sold by
Vansice Wade C
Bought by
Corona Beach Rentals Llc
Current Estimated Value
$738,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,250
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2024
Sold by
Goodman Develope Llc
Bought by
Vansice Wade C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,250
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2023
Closed on
Sep 5, 2023
Sold by
Calhoun Stephen and Calhoun Cynthia
Bought by
Goodman Develope Llc
Seller's Agent
Len Cusato
Keller Williams - Outer Banks
Buyer's Agent
Len Cusato
Keller Williams - Outer Banks
List Price
$80,000
Sold Price
$55,000
Premium/Discount to List
-$25,000
-31.25%
Views
200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
277.24%

Purchase Details

Listed on
Mar 16, 2018
Closed on
May 9, 2018
Sold by
The John S Waller Family Ls
Bought by
Calhoun Stephen and Calhoun Cynthia
Seller's Agent
Len Cusato
Keller Williams - Outer Banks
Buyer's Agent
Len Cusato
Keller Williams - Outer Banks
List Price
$44,500
Sold Price
$38,500
Premium/Discount to List
-$6,000
-13.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$28,875
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 1899
Bought by
Waller, John S Trustee
Source: Public Records

Range of Values:

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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
Corona Beach Rentals Llc -- None Listed On Document
Vansice Wade C $735,000 None Listed On Document
Goodman Develope Llc -- None Listed On Document
Calhoun Stephen $38,500 None Available
Waller, John S Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vansice Wade C $551,250
Previous Owner Goodman Develope Llc $174,000
Previous Owner Calhoun Stephen $28,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2023 09/12/23 Sold $55,000 -26.7% --
08/29/2023 08/29/23 Pending -- -- --
08/16/2023 08/16/23 Price Changed $75,000 -6.3% --
06/23/2023 06/23/23 For Sale $80,000 +107.8% --
05/31/2018 05/31/18 Sold $38,500 -13.5% --
04/20/2018 04/20/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $44,500 -- --
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
2024 $205 $32,000 $32,000 $0
2023 $186 $32,000 $32,000 $0
2022 $154 $32,000 $32,000 $0
2021 $150 $43,100 $43,100 $0
2020 $211 $43,100 $43,100 $0
2019 $211 $43,100 $43,100 $0
2018 $0 $43,100 $43,100 $0
2017 $207 $43,100 $43,100 $0
2016 $207 $43,100 $43,100 $0
2015 -- $43,100 $43,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Len Cusato

    Seller's Agent in 2023

    Len Cusato

    Keller Williams - Outer Banks

    (252) 489-3065

    111 in this area

    171 Total Sales

    Len Cusato
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 122600

Outer Banks Association of REALTORS®

APN: 087A-003-0011-0004

North Carolina Currituck County Corolla 27927 Carova Beach

2203 Ocean Pearl Rd, Corolla, NC

This home is located at 2203 Ocean Pearl Rd, Corolla, NC 27927 since 23 June 2023 and is currently estimated at $738,307. 2203 Ocean Pearl Rd is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

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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