NOT LISTED FOR SALE

2396 False Cape Rd Corolla, NC 27927

Estimated Value: $43,294 - $420,000

0.33 Acre
$514,808 Price per Acre
14,505 Sq Ft Lot

Last Sold March 30, 2022

Last sale price $38,000

Est. 351% increase in value since last sale

Current estimated payment $909/month

20 Days on Market

About This Lot

As of March 2022

The 4WD area of the Outer Banks is such a special place. The fan base increases year to year for reasons related to DISCOVERING the beauty,serenity and VALUE! The lot is tucked in the gorgeous Live Oaks and offers protection from the ocean storms but also so close to the beach. Take time to tour the area, check out this fine valued vacant lot for your dream house on the OBX!

Last Agent to Sell the Property

Mike Bishal

Great Escapes Vacations & Sales License #201359 Listed on: 02/17/2022

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
  • Wooded Lot

Utilities

  • Well
  • Private Sewer

Community Details

  • Carova Beach Subdivision

Listing and Financial Details

  • Tax Block 24

Property Details

Property Type

Land

Est. Annual Taxes

$117

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: 4WD area, just about to the VA State Line, last left on to Bass Ln., turn left at the 5th road (False Cape), 2nd lot from the corner on the Right.
  • Flood Zone: Unknown
  • L V T Date: 02/17/2022
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: More than 5th row
  • Zoning: RES
  • Deed Book Pg Number: 346
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C19850
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Lot Info

  • Lot Description: Wooded
  • Deed Book: 868
  • Unit/Lot Number: Lot 24

Tax Info

  • Year: 2021
  • Taxes: 116.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Mar 18, 2022
Sold by
Early Karen H
Bought by
Taggart Svetlana
Seller's Agent
Mike Bishal
Great Escapes Vacations & Sales
Buyer's Agent
Jean-Paul Peron
EXP Realty, LLC - Coastal
List Price
$42,900
Sold Price
$38,000
Premium/Discount to List
-$4,900
-11.42%
Current Estimated Value
$171,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,431
Avg. Annual Appreciation
49.13%

Purchase Details

Closed on
Apr 19, 2005
Sold by
Cogan Michael R
Bought by
Early Karen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Taggart Svetlana $228,000 Brumsey And Brumsey Pllc
Early Karen H $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Early Karen H $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2022 03/30/22 Sold $38,000 -11.4% --
03/09/2022 03/09/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $42,900 0.0% --
02/20/2022 02/20/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $42,900 -- --
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 $19,800 $19,800 $0
2020 $97 $19,800 $19,800 $0
2019 $97 $19,800 $19,800 $0
2018 $95 $19,800 $19,800 $0
2017 $95 $19,800 $19,800 $0
2016 $95 $19,800 $19,800 $0
2015 $95 $19,800 $19,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Bishal

    Seller's Agent in 2022

    Mike Bishal

    Great Escapes Vacations & Sales

    (252) 207-4554

    12 in this area

    45 Total Sales

    Mike Bishal
    Section Image
  • Jean-Paul Peron

    Buyer's Agent in 2022

    Jean-Paul Peron

    EXP Realty, LLC - Coastal

    (252) 564-9390

    176 in this area

    198 Total Sales

    Jean-Paul Peron
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117687

Outer Banks Association of REALTORS®

APN: 087A-024-0002-0001

North Carolina Currituck County Corolla 27927

2396 False Cape Rd, Corolla, NC

Not Listed for Sale

Lots

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