NOT LISTED FOR SALE

514 Ocean Trail Corolla, NC 27927

Estimated Value: $188,000 - $489,000

0.49 Acre
$644,580 Price per Acre
21,400 Sq Ft Lot

Last Sold October 28, 2014

Last sale price $100,000

Est. 217% increase in value since last sale

Current estimated payment $1,731/month

900 Days on Market

About This Lot

As of October 2014

High and Clear lot backs up to THE CURRITUCK CLUB GOLF COURSE – Golf course and “possible ocean/sound views”. Price just reduced to $119,000. Located in Ocean Sands subdivision, Section A, westside of Ocean Trail. X Flood zone – no flood insurance required. Just steps to the golf course...get ready to build and play.

Last Agent to Sell the Property

Joanne Kepler

Beach Realty & Construction- Corolla License #190335 Listed on: 03/09/2012

Last Buyer's Agent

Anna Hunt

Brindley Beach Vacations & Sales - KH License #231616

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $728

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 214 x 100
  • Cleared Lot

HOA Fees

  • $8 Monthly HOA Fees

Property Views

  • Ocean
  • Golf Course

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

Overview

  • Ocean Sands Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$728

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: X
  • Subdivision Name: Ocean Sands Section A
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Section: A
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 883
  • Major Subdivision: Ocean Sands
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 100
  • View: Golf Course, Ocean

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Boardwalk to Beach
  • Association Fee: Yes
  • Estimated Annual Fee: 100

Lot Info

  • Estimated Lot Sq Ft: 21400
  • Lot Description: Cleared
  • Lot Size: 214 x 100
  • Deed Book: 774
  • Unit/Lot Number: Lot 57

Tax Info

  • Year: 2013
  • Taxes: 727.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2012
Closed on
Oct 27, 2014
Sold by
Ramsay Robert M and Faville Ramsay Joan S
Bought by
Riggs John P and Riggs Brenda J
Seller's Agent
Joanne Kepler
Beach Realty & Construction- Corolla
Buyer's Agent
Anna Hunt
Brindley Beach Vacations & Sales - KH
List Price
$139,000
Sold Price
$100,000
Premium/Discount to List
-$39,000
-28.06%
Current Estimated Value
$316,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,667
Avg. Annual Appreciation
10.86%
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
Riggs John P $100,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2014 10/28/14 Sold $100,000 -28.1% --
08/26/2014 08/26/14 Pending -- -- --
03/09/2012 03/09/12 For Sale $139,000 -- --
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 $770 $110,000 $110,000 $0
2024 $770 $110,000 $110,000 $0
2023 $770 $110,000 $110,000 $0
2022 $561 $110,000 $110,000 $0
2021 $561 $150,000 $150,000 $0
2020 $795 $150,000 $150,000 $0
2019 $795 $150,000 $150,000 $0
2018 $795 $150,000 $150,000 $0
2017 $720 $150,000 $150,000 $0
2016 $720 $150,000 $150,000 $0
2015 $720 $150,000 $150,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Joanne Kepler

    Seller's Agent in 2014

    Joanne Kepler

    Beach Realty & Construction- Corolla

    (252) 207-8420

    16 in this area

    58 Total Sales

    Joanne Kepler
    Section Image
  • Anna Hunt

    Buyer's Agent in 2014

    Anna Hunt

    Brindley Beach Vacations & Sales - KH

    (252) 573-8934

    21 in this area

    70 Total Sales

    Anna Hunt
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 73943

Outer Banks Association of REALTORS®

APN: 126A-000-0057-000A

North Carolina Currituck County Corolla 27927

514 Ocean Trail, Corolla, NC

Not Listed for Sale

Lots

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