G
Seller's Agent in 2020
Glenn Jungen
Twiddy and Company - Corolla
505 Conch Crescent Corolla, NC 27927
Estimated Value: $2,118,380 - $2,631,000
8
Beds
10
Baths
4,800
Sq Ft
$487/Sq Ft
Est. Value
Highlights
- Community Beach Access
- In Ground Pool
- Coastal Architecture
- Ocean Front
- Second Refrigerator
- Wood Flooring
About This Home
As of August 2020This home is located at 505 Conch Crescent, Corolla, NC 27927 since 14 January 2020 and is currently estimated at $2,335,595, approximately $486 per square foot. This property was built in 2005. 505 Conch Crescent is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.
Last Agent to Sell the Property
Twiddy and Company - Corolla License #224940 Listed on: 01/14/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,319
Year Built
- Built in 2005
Lot Details
- Ocean Front
- Cul-De-Sac
- Level Lot
HOA Fees
- $8 Monthly HOA Fees
Home Design
- Coastal Architecture
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 4,800 Sq Ft Home
- Elevator
- Furnished
- Ceiling Fan
- Gas Fireplace
- Ocean Views
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Second Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
Laundry
- Dryer
- Washer
Parking
- Paved Parking
- Off-Street Parking
Pool
- In Ground Pool
- Outdoor Pool
Utilities
- Heat Pump System
- Municipal Utilities District Water
- Private or Community Septic Tank
Listing and Financial Details
- Tax Lot 87
Community Details
Overview
- Built by Shoreline
- Ocean Sands Subdivision
Recreation
- Community Beach Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2020
Closed on
Jul 31, 2020
Sold by
Reames Frederick V and Reames Margaret C
Bought by
505 Conch Crescent Llc
Seller's Agent
Glenn Jungen
Twiddy and Company - Corolla
Buyer's Agent
Chandler Spawr
Coastal Property Partners
List Price
$1,599,900
Sold Price
$1,530,000
Premium/Discount to List
-$69,900
-4.37%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$805,595
Avg. Annual Appreciation
8.02%
Original Mortgage
$1,135,000
Outstanding Balance
$1,001,944
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,333,651
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/07/2020 08/07/20 | Sold | $1,530,000 | -4.4% | $319 / Sq Ft |
| 06/24/2020 06/24/20 | Pending | -- | -- | -- |
| 01/14/2020 01/14/20 | For Sale | $1,599,900 | -- | $333 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Glenn Jungen
-
Jane J
J
Seller Co-Listing Agent in 2020
Jane J
Twiddy and Company - Corolla
3 Total Sales
-
Chandler Spawr
Buyer's Agent in 2020
Chandler Spawr
Coastal Property Partners
(252) 202-9880
11 in this area
28 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 107878
APN: 126A-000-0087-000B
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