NOT LISTED FOR SALE

2337 False Cape Rd Corolla, NC 27927

Estimated Value: $421,000 - $461,000

0.33 Acre
$1,305,547 Price per Acre
14,505 Sq Ft Lot

Last Sold October 31, 2023

Last sale price $45,000

Est. 866% increase in value since last sale

Current estimated payment $2,394/month

561 Days on Market

About This Lot

As of October 2023

Great interior lot in the x flood zone located on the North end of Carova Beach. Nice live oak trees and pines. Very quiet location perfect for a second home at the beach!

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 04/03/2022

Co-Listed By

Emily Morris

Twiddy and Company - Wash Woods License #304377

Last Buyer's Agent

Jean-Paul Peron

EXP Realty, LLC - Coastal License #261870

EXP Realty, LLC - Coastal

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $117

Lot Details

  • Unpaved Streets

Community Details

  • Carova Beach Subdivision

Listing and Financial Details

  • Tax Block 19

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 interior lot
  • L V T Date: 04/04/2022
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: More than 5th row
  • Zoning: SFR
  • Deed Book Pg Number: 671
  • 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

  • Deed Book: 773
  • Unit/Lot Number: Lot #19

Tax Info

  • Year: 2021
  • Taxes: 116.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2025
Sold by
Hendel Mark
Bought by
Shea Philip R and Shea Kristi C
Current Estimated Value
$434,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Outstanding Balance
$369,656
Interest Rate
6.35%
Mortgage Type
VA
Estimated Equity
$65,091

Purchase Details

Listed on
Apr 3, 2022
Closed on
Oct 31, 2023
Sold by
Duck Land Company Llc
Bought by
Hendel Mark
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jean-Paul Peron
EXP Realty, LLC - Coastal
List Price
$52,000
Sold Price
$45,000
Premium/Discount to List
-$7,000
-13.46%
Views
486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
183.04%

Purchase Details

Closed on
May 7, 2004
Bought by
Duck Land Co Llc
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
Shea Philip R $430,000 None Listed On Document
Hendel Mark $45,000 None Listed On Document
Duck Land Co Llc $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shea Philip R $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2023 10/31/23 Sold $45,000 -9.8% --
10/16/2023 10/16/23 Pending -- -- --
09/28/2023 09/28/23 Price Changed $49,900 -4.0% --
03/04/2023 03/04/23 For Sale $52,000 0.0% --
02/18/2023 02/18/23 Pending -- -- --
10/24/2022 10/24/22 For Sale $52,000 0.0% --
10/05/2022 10/05/22 Pending -- -- --
09/24/2022 09/24/22 Price Changed $52,000 -5.3% --
04/12/2022 04/12/22 For Sale $54,900 0.0% --
04/09/2022 04/09/22 Pending -- -- --
04/03/2022 04/03/22 For Sale $54,900 -- --
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 $1,446 $24,800 $24,800 $0
2024 $1,446 $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 $119 $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

    340 in this area

    376 Total Sales

    Jason Summerton
    Section Image
  • Emily Morris

    Seller Co-Listing Agent in 2023

    Emily Morris

    Twiddy and Company - Wash Woods

    (703) 624-2737

    252 in this area

    268 Total Sales

    Emily Morris
    Section Image
  • Jean-Paul Peron

    Buyer's Agent in 2023

    Jean-Paul Peron

    EXP Realty, LLC - Coastal

    (252) 564-9390

    175 in this area

    197 Total Sales

    Jean-Paul Peron
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 118298

Outer Banks Association of REALTORS®

APN: 087A-019-0019-0001

North Carolina Currituck County Corolla 27927

2337 False Cape Rd, Corolla, NC

Not Listed for Sale

Lots

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