NOT LISTED FOR SALE

2228 Teal Rd Corolla, NC 27927

Estimated Value: $442,971 - $583,000

0.34 Acre
$1,472,308 Price per Acre
15,000 Sq Ft Lot

Last Sold July 17, 2017

Last sale price $30,000

Est. 1,590% increase in value since last sale

Current estimated payment $2,829/month

75 Days on Market

About This Lot

As of July 2017

This large lot is perfect to build on. Possible views of the Canal and Sound from the dream home you design. Off the beaten path in the 4 wheel drive section known as Carova, you can be sure to avoid the hectic summer crowds. Enjoy watching the wild horses meander into your yard. This is an amazing piece of land for a nature lover looking to build a home to get away and enjoy the summer sun in peace and quiet. You don't want to miss this opportunity!

Last Agent to Sell the Property

Alex Argiroff

Keller Williams - Outer Banks License #176145 Listed on: 04/18/2017

Keller Williams - Outer Banks

Last Buyer's Agent

Alex Argiroff

Keller Williams - Outer Banks License #176145 Listed on: 04/18/2017

Keller Williams - Outer Banks

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $108

Lot Details

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

Utilities

  • Private Water Source
  • Well
  • Private or Community Septic Tank

Community Details

  • Carova Beach Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$108

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: Head north on the 4x4 beach to Fire Dept ramp. take 3rd right on to Ocean Pearl Rd. Make the first left on to Teal Rd. Property will down on the right.
  • Flood Zone: AE
  • Headline: Possible Owner Financing
  • L V T Date: 04/18/2017
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Zoning: res
  • Deed Book Pg Number: 663
  • Office License Number: C10577
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Level, Wooded
  • Deed Book: 184
  • Unit/Lot Number: lot 2

Tax Info

  • Year: 2016
  • Taxes: 108.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2025
Sold by
Mccracken Timothy and Shelburne Robert
Bought by
Mccracken Timothy and Hill Kelly
Current Estimated Value
$506,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,600
Outstanding Balance
$226,183
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$280,810

Purchase Details

Listed on
Apr 18, 2017
Closed on
Jul 17, 2017
Sold by
Errke Paul A and Ehrke Nina D
Bought by
Mccracken Timothy and Shelburne Robert
Seller's Agent
Alex Argiroff
Keller Williams - Outer Banks
Buyer's Agent
Alex Argiroff
Keller Williams - Outer Banks
List Price
$34,900
Sold Price
$30,000
Premium/Discount to List
-$4,900
-14.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.68%

Purchase Details

Closed on
Dec 31, 1899
Bought by
Ehrke Paul A and Ehrke Nina D
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
Mccracken Timothy -- Priority Title
Mccracken Timothy -- Priority Title
Mccracken Timothy $30,000 Attorney
Ehrke Paul A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccracken Timothy $227,600
Closed Mccracken Timothy $227,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2017 07/17/17 Sold $30,000 -14.0% --
07/02/2017 07/02/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $34,900 -- --
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 $2,076 $266,100 $29,000 $237,100
2024 $2,076 $266,100 $29,000 $237,100
2023 $2,068 $266,100 $29,000 $237,100
2022 $1,598 $266,100 $29,000 $237,100
2021 $1,562 $236,000 $20,900 $215,100
2020 $1,385 $236,000 $20,900 $215,100
2019 $1,326 $187,400 $20,900 $166,500
2018 $0 $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: 96107

Outer Banks Association of REALTORS®

APN: 087A-005-0002-0004