NOT LISTED FOR SALE

2218 Teal Rd Corolla, NC 27927

Estimated Value: $402,428 - $584,000

3 Beds
2 Baths
1,122 Sq Ft
$413/Sq Ft Est. Value

Last Sold November 13, 2013

Last sale price $199,000 $177 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,421/month

182 Days on Market

Highlights

  • Home fronts a sound
  • Saltbox Architecture
  • Covered Deck
  • Wooded Lot
  • Furnished
  • Ceiling Fan

About This Home

As of November 2013

Almost brand new! This incredibly private getaway is perfect for those looking for a clean, energy efficient home at the beach. Built in 2011, this home is in outstanding condition. With 3 bedrooms and 2 baths, this home has just what you need. The home is well elevated and has a LOMA in place so Sellers are not required to pay flood insurance. Nice Ground floor utility room and interior access to top floor main living area and an excellent covered front porch, perfect for relaxing after a long day at the beach. The septic is rated for 5 bedrooms with future expansion in mind. Where can you get a virtually new house at the beach for this price? Sold mostly furnished

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 03/27/2013

Last Buyer's Agent

Tim Lancsek

Surfside Realty License #210399

Surfside Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $866

Year Built

  • Built in 2011

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Home fronts a sound
  • Level Lot
  • Unpaved Streets
  • Wooded Lot

Parking

  • Tuck Under Parking

Home Design

  • Saltbox Architecture
  • Asphalt Shingled Roof
  • Modular or Manufactured Materials
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,122 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Deck

Utilities

  • Heat Pump System
  • Private Water Source
  • Well
  • Private or Community Septic Tank

Community Details

  • Built by Southern Commercial
  • Carova Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$866

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Saltbox
  • Directions: North from Fire Station on Ocean Pearl, follow curve and take left on Teal Road. down on right.
  • Extras: Ceiling Fan(s), Covered Decks
  • Flood Zone: Cobra, X
  • Headline: Perfect Beach Getaway
  • Heated Sq Ft: 1122
  • Primary Residence: Yes
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 4
  • Waterfront Location: Semi-Soundfront
  • Zoning: res
  • Deed Book Pg Number: 285
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Pantry, Some Windows Treated

Exterior Features

  • Homebuilder: Southern Commercial
  • Construction: Modular (Pre-Fab)
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport
  • Parking: Under

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 1467

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Level, Wooded
  • Lot Size: 100x150
  • Lot Number: Lot 4
  • Deed Book: 104

Rental Info

  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1300
  • Annual Electric: 1251
  • Annual Telephone Expense: 720

Building Info

  • Year Built: 2011

Tax Info

  • Year: 2012
  • Taxes: 866

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2020
Sold by
Cilento Matthew Frank and Cilento Carrie Lynn
Bought by
Peoples J Wesley J and Peoples Lori S
Current Estimated Value
$439,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$199,761
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$263,346

Purchase Details

Listed on
Mar 27, 2013
Closed on
Nov 8, 2013
Sold by
Taylor Patrick S and Taylor Kathryn H
Bought by
Cilento Matthew Frank and Cilento Carrie Lynn
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Tim Lancsek
Surfside Realty
List Price
$229,000
Sold Price
$199,000
Premium/Discount to List
-$30,000
-13.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$159,200
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2010
Sold by
Boonisar Richard M and Boonisar Ann M
Bought by
Taylor Patrick S and Taylor Kathryn H
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
Peoples J Wesley J $250,000 None Available
Peoples J Wesley J -- None Listed On Document
Cilento Matthew Frank $199,000 None Available
Taylor Patrick S $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peoples J Wesley J $225,000
Closed Peoples J Wesley J $225,000
Previous Owner Cilento Matthew Frank $159,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2013 11/13/13 Sold $199,000 -13.1% $177 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
03/27/2013 03/27/13 For Sale $229,000 -- $204 / 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 $1,516 $195,400 $29,000 $166,400
2024 $1,507 $195,400 $29,000 $166,400
2023 $1,507 $195,400 $29,000 $166,400
2022 $1,177 $195,400 $29,000 $166,400
2021 $1,149 $150,400 $26,100 $124,300
2020 $887 $150,400 $26,100 $124,300
2019 $887 $150,400 $26,100 $124,300
2018 $872 $150,400 $26,100 $124,300
2017 $836 $150,400 $26,100 $124,300
2016 $836 $150,400 $26,100 $124,300
2015 $836 $150,400 $26,100 $124,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 78411

Outer Banks Association of REALTORS®

APN: 087A-007-0004-0004