NOT LISTED FOR SALE

2271 Ocean Pearl Rd Corolla, NC 27927

Estimated Value: $418,000 - $627,000

0.36 Acre
$1,418,235 Price per Acre
15,594 Sq Ft Lot

Sale Details

Date Sold: February 17, 2016

Last sale price $27,500

Est. 1,746% increase in value since last sale

Current estimated payment $2,917 / mo

70 Days on Market

About This Lot

As of February 2016

Here is a great building site ready to go right on Ocean Pearl in Carova. Lot has been cleared, received a LOMA placing property in an X flood zone! Have older survey and site plan with previously issued septic permit for a 6 bedroom dwelling. SELLER WILL FINANCE!

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 11/30/2015

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 11/30/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $122

Lot Details

  • Level Lot
  • Unpaved Streets
  • Cleared Lot
  • Property is zoned RO2

Utilities

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

Community Details

  • Carova Beach Subdivision

Listing and Financial Details

  • Tax Block 5

Property Details

Property Type

Land

Est. Annual Taxes

$122

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: Cobra, X
  • Headline: Cleared. LOMA
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 3
  • Zoning: RO2
  • Deed Book Pg Number: 1309
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Lot Info

  • Lot Description: Level, Cleared
  • Deed Book: 188
  • Unit/Lot Number: Lot #24

Tax Info

  • Year: 2015
  • Taxes: 121.92

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2021
Sold by
Bought by
Current Estimated Value
$507,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$178,563
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$329,165

Purchase Details

Closed on
Aug 19, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 30, 2015
Closed on
Feb 15, 2016
Sold by
Bought by
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$27,500
Sold Price
$27,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.58%
Original Mortgage
$22,000
Interest Rate
3.92%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Oct 5, 2014
Closed on
Nov 17, 2014
Sold by
Bought by
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$24,900
Sold Price
$18,500
Premium/Discount to List
-$6,400
-25.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.77%

Purchase Details

Listed on
Oct 5, 2014
Closed on
Nov 14, 2014
Sold by
Bought by
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$24,900
Sold Price
$18,500
Premium/Discount to List
-$6,400
-25.7%

Purchase Details

Closed on
Nov 23, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 25, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 22, 2005
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$250,000 None Available
-- None Available
$27,500 Attorney
$18,500 Attorney
$22,500 Attorney
-- None Available
-- None Available
$105,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $200,000
Previous Owner $150,000
Previous Owner $22,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2016 02/17/16 Sold $27,500 0.0% --
02/08/2016 02/08/16 Pending -- -- --
11/30/2015 11/30/15 For Sale $27,500 +48.6% --
12/04/2014 12/04/14 Sold $18,500 -25.7% -- View Prior Sale
11/06/2014 11/06/14 Pending -- -- --
10/05/2014 10/05/14 For Sale $24,900 -- --
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,084 $271,000 $29,600 $241,400
2024 $2,084 $271,000 $29,600 $241,400
2023 $2,075 $271,000 $29,600 $241,400
2022 $1,150 $189,700 $29,600 $160,100
2021 $1,123 $153,100 $25,400 $127,700
2020 $900 $153,100 $25,400 $127,700
2019 $900 $153,100 $25,400 $127,700
2018 $474 $25,400 $25,400 $0
2017 $236 $25,400 $25,400 $0
2016 $122 $25,400 $25,400 $0
2015 $122 $25,400 $25,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Summerton

    Seller's Agent in 2016

    Jason Summerton

    Twiddy and Company - Wash Woods

    (252) 202-0105

    340 Total Sales

    Jason Summerton
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 90384

Outer Banks Association of REALTORS®

APN: 087A-005-0024-0003

North Carolina Currituck County Corolla 27927

2271 Ocean Pearl Rd, Corolla, NC

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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