NOT LISTED FOR SALE

507 Ocean Way Corolla, NC 27927

Estimated Value: $1,462,888 - $1,753,000

7 Beds
9 Baths
4,392 Sq Ft
$369/Sq Ft Est. Value

About This Home

This home is located at 507 Ocean Way, Corolla, NC 27927 and is currently estimated at $1,621,722, approximately $369 per square foot. 507 Ocean Way is a home 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
Jan 3, 2005
Sold by
507 Partners
Bought by
Korber Douglas J and Korber Emily M
Current Estimated Value
$1,621,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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

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

Date Buyer Sale Price Title Company
Korber Douglas J $1,700,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korber Douglas J $170,000
Previous Owner Korber Douglas J $1,190,000
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 $6,962 $893,500 $310,000 $583,500
2024 $6,962 $893,500 $310,000 $583,500
2023 $6,946 $893,500 $310,000 $583,500
2022 $5,157 $893,500 $310,000 $583,500
2021 $5,127 $799,100 $325,000 $474,100
2020 $4,643 $799,100 $325,000 $474,100
2019 $4,631 $799,100 $325,000 $474,100
2018 $4,631 $799,100 $325,000 $474,100
2017 $4,211 $799,100 $325,000 $474,100
2016 $4,211 $799,100 $325,000 $474,100
2015 $4,211 $799,100 $325,000 $474,100
Source: Public Records

Map

North Carolina Currituck County Corolla 27927

507 Ocean Way, Corolla, NC

Not Listed for Sale

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