NOT LISTED FOR SALE

2305 False Cape Rd Corolla, NC 27927

Estimated Value: $53,000 - $55,780

0.33 Acre
$163,333 Price per Acre
14,505 Sq Ft Lot

Last Sold October 30, 2023

Last sale price $55,000

Est. 15% increase in value since last sale

Current estimated payment $345/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
$63,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,426
Avg. Annual Appreciation
-0.52%
Original Mortgage
$41,250
Outstanding Balance
$25,004
Interest Rate
6.51%
Mortgage Type
New Conventional
Estimated Equity
$29,386

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:

--
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
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 List to Sale Price per Sq Ft Prior Sale
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% -- View Prior Sale
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
2025 $159 $24,800 $24,800 $0
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

    343 in this area

    379 Total Sales

    Jason Summerton
    Section Image
  • Emily Morris

    Seller Co-Listing Agent in 2023

    Emily Morris

    Twiddy and Company - Wash Woods

    (703) 624-2737

    250 in this area

    266 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

2305 False Cape Rd, Corolla, NC

Not Listed for Sale

Lots

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