NOT LISTED FOR SALE

505 Conch Course Corolla, NC 27927

Estimated Value: $2,227,000 - $2,727,000

8 Beds
10 Baths
5,440 Sq Ft
$442/Sq Ft Est. Value

About This Home

This home is located at 505 Conch Course, Corolla, NC 27927 and is currently estimated at $2,405,632, approximately $442 per square foot. 505 Conch Course 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

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2020
Sold by
Reames Frederick V and Reames Margaret C
Bought by
505 Conch Crescent Llc
Current Estimated Value
$2,405,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,135,000
Outstanding Balance
$1,001,944
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,403,688

Purchase Details

Closed on
Nov 18, 2005
Sold by
Reid Kenneth W and Reid Laura L
Bought by
Reames Frederick and Reames Margaret C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,720,000
Interest Rate
5.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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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
505 Conch Crescent Llc $1,530,000 None Available
Reames Frederick $2,150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 505 Conch Crescent Llc $1,135,000
Previous Owner Reames Frederick $1,720,000
Source: Public Records

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 $10,067 $1,318,600 $400,000 $918,600
2024 $10,067 $1,318,600 $400,000 $918,600
2023 $10,051 $1,318,600 $400,000 $918,600
2022 $7,395 $1,318,600 $400,000 $918,600
2021 $7,404 $927,300 $420,000 $507,300
2020 $5,319 $927,300 $420,000 $507,300
2019 $5,319 $927,300 $420,000 $507,300
2018 $5,319 $927,300 $420,000 $507,300
2017 $4,823 $927,300 $420,000 $507,300
2016 $4,835 $927,300 $420,000 $507,300
2015 $4,823 $927,300 $420,000 $507,300
Source: Public Records

Map

North Carolina Currituck County Corolla 27927

505 Conch Course, Corolla, NC

Not Listed for Sale

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