NOT LISTED FOR SALE

2226 Teal Rd Corolla, NC 27927

Estimated Value: $53,803 - $304,000

0.34 Acre
$404,709 Price per Acre
14,810 Sq Ft Lot

Last Sold September 21, 2022

Last sale price $50,000

Est. 175% increase in value since last sale

Current estimated payment $737/month

12 Days on Market

Highlights

  • Home fronts a sound
  • Wooded Lot
  • Level Lot

About This Lot

As of September 2022

WOW! What a great price for a 1/3 acre at the beach. The lot stands out with many unique features including being out of the 500yr floodplain, backing up top approximately 300 acres of woods, marsh & sound, a 60ft easement to the south providing more privacy from your future neighbor AND right across the street from public canal access. The right house placed on this lot could possibly give you both canal & sound views.

Last Agent to Sell the Property

Jean-Paul Peron

EXP Realty, LLC - Coastal License #261870 Listed on: 07/26/2022

EXP Realty, LLC - Coastal

Last Buyer's Agent

Len Cusato

Keller Williams - Outer Banks License #284979

Keller Williams - Outer Banks

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $136

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150
  • Home fronts a sound
  • Level Lot
  • Wooded Lot

Community Details

  • Carova Beach Subdivision

Listing and Financial Details

  • Tax Block 5

Property Details

Property Type

Land

Est. Annual Taxes

$136

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: North up the beach. West on Bonita Ln. North on Ocean Pearl Rd. South on Teal Rd. Lot on right.
  • Flood Zone: Cobra, X
  • L V T Date: 07/27/2022
  • Sale/Rent: For Sale
  • Section: 4
  • Waterfront Location: Semi-Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 691
  • 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

Lot Info

  • Estimated Lot Sq Ft: 14810
  • Lot Description: Easement(s), Level, Wooded
  • Lot Size: 100 x 150
  • Estimated Lot Size: 0.34
  • Deed Book: 1650
  • Unit/Lot Number: Lot 1

Tax Info

  • Year: 2021
  • Taxes: 136.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Sep 13, 2022
Sold by
Miles and Michael
Bought by
Thomson David R and Thomson Megan N
Seller's Agent
Jean-Paul Peron
EXP Realty, LLC - Coastal
Buyer's Agent
Len Cusato
Keller Williams - Outer Banks
List Price
$50,000
Sold Price
$50,000
Current Estimated Value
$137,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,601
Avg. Annual Appreciation
36.42%

Purchase Details

Closed on
Sep 1, 2021
Sold by
Bloos Dwayne A and Bloos Bettina
Bought by
Miles Natalie and Miles Michael

Purchase Details

Listed on
Feb 16, 2017
Closed on
Apr 4, 2017
Sold by
Germain Andrew M and German Nancy W
Bought by
Bloos Dwayne A
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Ami Smith
Default, Office
List Price
$26,500
Sold Price
$28,000
Premium/Discount to List
$1,500
5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.06%

Purchase Details

Closed on
Sep 30, 1992
Bought by
Germain Andrew M and Germain Nancy W
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
Thomson David R -- --
Miles Natalie -- None Available
Bloos Dwayne A $28,000 Attorney
Germain Andrew M $17,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2022 09/21/22 Sold $50,000 0.0% --
08/07/2022 08/07/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $50,000 +78.6% --
04/13/2017 04/13/17 Sold $28,000 +5.7% -- View Prior Sale
03/06/2017 03/06/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $26,500 -- --
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
2025 $186 $29,000 $29,000 $0
2024 $186 $29,000 $29,000 $0
2023 $186 $29,000 $29,000 $0
2022 $139 $29,000 $29,000 $0
2021 $136 $20,900 $20,900 $0
2020 $102 $20,900 $20,900 $0
2019 $102 $20,900 $20,900 $0
2018 $100 $20,900 $20,900 $0
2017 $100 $20,900 $20,900 $0
2016 $100 $20,900 $20,900 $0
2015 -- $20,900 $20,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119852

Outer Banks Association of REALTORS®

APN: 087A-005-0001-0004