NOT LISTED FOR SALE

506 Seashell Ln Corolla, NC 27927

Estimated Value: $1,663,000 - $2,289,337

0.46 Acre
$4,471,922 Price per Acre
20,038 Sq Ft Lot

Last Sold August 15, 2022

Last sale price $540,000

Est. 281% increase in value since last sale

Current estimated payment $11,561/month

4 Days on Market

About This Lot

As of August 2022

Steps from the beach of beautiful Corolla, this nearly half acre lot would make for a beautiful beach house location. Just minutes drive to the historic Whalehead Club and the Currituck Lighthouse, beach driving, and wild horses this lot provides ample opportunity for an investor or someone looking to build their forever home with an ocean view, all while in the safety of an X flood zone.

Last Agent to Sell the Property

Clint Baron

ROG OBX, Inc License #305149 Listed on: 07/06/2022

Co-Listed By

M. Kelly Gorman

ROG OBX, Inc License #80994

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,581

Lot Details

  • 0.46

HOA Fees

  • $6 Monthly HOA Fees

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Additional Features

  • Ocean Views
  • 0.46 Acre Lot

Community Details

  • Ocean Sands South Margie Association
  • Ocean Sands Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,581

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: X
  • Headline: Only steps from the beach
  • L V T Date: 07/06/2022
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: B
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: Res
  • Deed Book Pg Number: 23
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C30605
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 118
  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 75
  • Hoa Contact: Ocean Sands South - Margie
  • HOA Contact: imfcorp@comcast.net

Lot Info

  • Estimated Lot Sq Ft: 20060
  • Estimated Lot Size: 0.46
  • Deed Book: 05/E
  • Unit/Lot Number: Lot 93

Tax Info

  • Year: 2021
  • Taxes: 1581

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 15, 2022
Sold by
Liu Mark C and Liu Scherer
Bought by
Junius Fielding Scarborough Iii Revocable Tru
Seller's Agent
Clint Baron
ROG OBX, Inc
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$595,000
Sold Price
$540,000
Premium/Discount to List
-$55,000
-9.24%
Current Estimated Value
$2,057,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,517,084
Avg. Annual Appreciation
48.72%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Junius Fielding Scarborough Iii Revocable Tru $3,240,000 Dixon & Dixon Law Offices Pllc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2022 08/15/22 Sold $540,000 -9.2% --
07/10/2022 07/10/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $595,000 -- --
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 $9,319 $1,217,000 $310,000 $907,000
2024 $9,303 $1,217,000 $310,000 $907,000
2023 $1,922 $310,000 $310,000 $0
2022 $1,581 $310,000 $310,000 $0
2021 $1,581 $325,000 $325,000 $0
2020 $1,723 $325,000 $325,000 $0
2019 $1,723 $325,000 $325,000 $0
2018 $0 $325,000 $325,000 $0
2017 $1,560 $325,000 $325,000 $0
2016 $1,560 $325,000 $325,000 $0
2015 -- $325,000 $325,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Clint Baron

    Seller's Agent in 2022

    Clint Baron

    ROG OBX, Inc

    (252) 305-9625

    12 in this area

    42 Total Sales

    Clint Baron
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    M. Kelly Gorman

    ROG OBX, Inc

    (252) 207-7777

    3 in this area

    14 Total Sales

    M. Kelly Gorman
    Section Image
  • Four Seasons Realty

    Buyer's Agent in 2022

    Four Seasons Realty

    Four Seasons Realty

    (252) 261-6664

    113 in this area

    299 Total Sales

    Four Seasons Realty
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119590

Outer Banks Association of REALTORS®

APN: 126A-000-0093-000B

North Carolina Currituck County Corolla 27927

506 Seashell Ln, Corolla, NC

Not Listed for Sale

Lots

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