NOT LISTED FOR SALE

500 Breakers Arch Unit Lot 16 Corolla, NC 27927

Estimated Value: $2,254,000 - $4,611,312

12 Beds
14 Baths
6,580 Sq Ft
$518/Sq Ft Est. Value

About This Home

This home is located at 500 Breakers Arch Unit Lot 16, Corolla, NC 27927 and is currently estimated at $3,409,771, approximately $518 per square foot. 500 Breakers Arch Unit Lot 16 is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2023
Sold by
Bought by
Current Estimated Value
$3,409,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,562,500
Outstanding Balance
$3,440,886
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
-$31,115

Purchase Details

Closed on
Dec 18, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$854,250
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 17, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$854,250
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 7, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$28,500,000 None Listed On Document
$5,695,000 Gilreath James R
$1,139,000 None Available
-- First Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,562,500
Previous Owner $854,250
Previous Owner $854,250
Previous Owner $445,000
Previous Owner $163,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,327 $1,977,700 $850,000 $1,127,700
2024 $14,327 $1,977,700 $850,000 $1,127,700
2023 $5,721 $850,000 $850,000 $0
2022 $4,771 $850,000 $850,000 $0
2021 $5,886 $1,017,500 $833,000 $184,500
2020 $5,712 $1,017,500 $833,000 $184,500
2019 $5,712 $1,017,500 $833,000 $184,500
2018 $5,788 $1,017,500 $833,000 $184,500
2017 $5,178 $1,017,500 $833,000 $184,500
2016 $5,178 $1,017,500 $833,000 $184,500
2015 $5,178 $1,017,500 $833,000 $184,500
Source: Public Records

Map

North Carolina Currituck County Corolla 27927

500 Breakers Arch Unit Lot 16, Corolla, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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