NOT LISTED FOR SALE

Estimated Value: $62,980 - $157,000

0.33 Acre
$355,336 Price per Acre
14,505 Sq Ft Lot

Last Sold August 31, 2023

Last sale price $62,500

Est. 89% increase in value since last sale

Current estimated payment $661/month

11 Days on Market

About This Lot

As of August 2023

SELLER FINANCING POSSIBLE. Great location and easy access to the Atlantic Ocean and beach right down the street. Beautiful live oaks throughout the lot and good elevation. Build your new beach house on this lot and you will be 4 lots back from the oceanfront! You can't beat this price to build your new beach house and live the dream of beach life! Located in the 4 wheel drive area of Corolla, Carova Beach, has much to see with the Wild Spanish Mustangs roaming the area, along with other wildlife. This is a beautiful and unique area of the Outer Banks, and a must see!

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 07/11/2023

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: 07/11/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $152

Lot Details

  • Unpaved Streets
  • Wooded Lot

Community Details

  • Carova Beach Subdivision

Listing and Financial Details

  • Tax Block 10

Property Details

Property Type

Land

Est. Annual Taxes

$152

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: AE, Cobra
  • Headline: Beautiful Live Oaks!
  • L V T Date: 07/11/2023
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: SFR
  • Deed Book Pg Number: 864
  • 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: Wooded
  • Deed Book: 1547
  • Unit/Lot Number: Lot #23

Tax Info

  • Year: 2023
  • Taxes: 152.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Jul 27, 2023
Sold by
Drumspot Llc
Bought by
Kosinski Eric
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$62,500
Sold Price
$62,500
Views
55
Current Estimated Value
$118,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,827
Avg. Annual Appreciation
37.21%
Original Mortgage
$46,875
Outstanding Balance
$46,028
Interest Rate
6.78%
Mortgage Type
Seller Take Back
Estimated Equity
$70,892

Purchase Details

Listed on
Aug 6, 2019
Closed on
Jul 15, 2020
Sold by
Pinto Joseph L
Bought by
Drumspot Llc
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$34,900
Sold Price
$32,000
Premium/Discount to List
-$2,900
-8.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.02%
Original Mortgage
$25,000
Interest Rate
3.2%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 18, 2002
Bought by
Pinto Joseph L
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
Kosinski Eric -- None Listed On Document
Drumspot Llc $160,000 None Available
Pinto Joseph L $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kosinski Eric $46,875
Previous Owner Drumspot Llc $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $62,500 0.0% --
07/22/2023 07/22/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $62,500 +95.3% --
07/22/2020 07/22/20 Sold $32,000 -8.3% --
02/13/2020 02/13/20 Pending -- -- --
08/06/2019 08/06/19 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
2024 $203 $31,700 $31,700 $0
2023 $184 $31,700 $31,700 $0
2022 $152 $31,700 $31,700 $0
2021 $149 $42,700 $42,700 $0
2020 $209 $42,700 $42,700 $0
2019 $209 $42,700 $42,700 $0
2018 $205 $42,700 $42,700 $0
2017 $205 $42,700 $42,700 $0
2016 $205 $42,700 $42,700 $0
2015 $205 $42,700 $42,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 122752

Outer Banks Association of REALTORS®

APN: 087A-010-0023-0001