NOT LISTED FOR SALE

2305 False Cape Rd Corolla, NC 27927

Carova Beach Neighborhood

Estimated Value: $56,446 - $254,000

0.33 Acre
$376,823 Price per Acre
14,505 Sq Ft Lot

Last Sold October 30, 2023

Last sale price $55,000

Est. 128% increase in value since last sale

Current estimated payment $697/month

569 Days on Market

About This Lot

As of October 2023

Great interior lot currently in the X flood zone with beautiful trees on a very quiet road for extra privacy. Located on the north end of Carova Beach, this is a perfect spot to build you getaway. Would make a great building site!

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 02/25/2022

Co-Listed By

Emily Morris

Twiddy and Company - Wash Woods License #304377

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 02/25/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $117

Lot Details

  • Level Lot
  • Unpaved Streets
  • Wooded Lot

Community Details

  • Carova Beach Subdivision

Listing and Financial Details

  • Tax Block 20

Property Details

Property Type

Land

Est. Annual Taxes

$117

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: Cobra, X
  • Headline: X flood zone, quiet street
  • L V T Date: 02/25/2022
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: More than 5th row
  • Zoning: SFR
  • Deed Book Pg Number: 90
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Electric: Available

Lot Info

  • Lot Description: Level, Wooded
  • Deed Book: 1460
  • Unit/Lot Number: Lot#15

Tax Info

  • Year: 2021
  • Taxes: 116.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
Oct 4, 2023
Sold by
Lamm Fred W and Lamm Dolores A
Bought by
Shaffer Daniel S and Shaffer Teresa K
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%
Views
635
Current Estimated Value
$125,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,482
Avg. Annual Appreciation
57.33%
Original Mortgage
$41,250
Outstanding Balance
$28,458
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$97,024

Purchase Details

Listed on
Dec 5, 2017
Closed on
Sep 24, 2018
Sold by
Bartholet Christopher L
Bought by
Lamm Fred W and Lamm Dolores A
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$29,900
Sold Price
$21,000
Premium/Discount to List
-$8,900
-29.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.91%

Purchase Details

Closed on
Jun 20, 2005
Sold by
Bermel Michael J
Bought by
Bartholet Christopher L and Bartholet Carol M
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
Shaffer Daniel S $275,000 None Listed On Document
Lamm Fred W $21,000 None Available
Bartholet Christopher L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaffer Daniel S $41,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $55,000 -8.2% --
09/17/2023 09/17/23 Pending -- -- --
03/23/2022 03/23/22 For Sale $59,900 0.0% --
03/07/2022 03/07/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $59,900 +185.2% --
10/05/2018 10/05/18 Sold $21,000 -12.1% --
08/30/2018 08/30/18 Pending -- -- --
06/03/2018 06/03/18 Price Changed $23,900 -20.1% --
12/05/2017 12/05/17 For Sale $29,900 -- --
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
2024 $159 $24,800 $24,800 $0
2023 $159 $24,800 $24,800 $0
2022 $119 $24,800 $24,800 $0
2021 $117 $24,700 $24,700 $0
2020 $121 $24,700 $24,700 $0
2019 $121 $24,700 $24,700 $0
2018 $0 $24,700 $24,700 $0
2017 $119 $24,700 $24,700 $0
2016 $119 $24,700 $24,700 $0
2015 $119 $24,700 $24,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Summerton

    Seller's Agent in 2023

    Jason Summerton

    Twiddy and Company - Wash Woods

    (252) 202-0105

    369 in this area

    410 Total Sales

    Jason Summerton
    Section Image
  • Emily Morris

    Seller Co-Listing Agent in 2023

    Emily Morris

    Twiddy and Company - Wash Woods

    (703) 624-2737

    243 in this area

    262 Total Sales

    Emily Morris
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117772

Outer Banks Association of REALTORS®

APN: 087A-020-0015-0001

North Carolina Currituck County Corolla 27927 Carova Beach

2305 False Cape Rd, Corolla, NC

This home is located at 2305 False Cape Rd, Corolla, NC 27927 since 25 February 2022 and is currently estimated at $125,482. 2305 False Cape 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.

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