NOT LISTED FOR SALE

527 Historic Loop Corolla, NC 27927

Estimated Value: $1,393,844 - $1,527,000

0.72 Acre
$2,050,293 Price per Acre
31,363 Sq Ft Lot

Last Sold September 29, 2020

Last sale price $70,000

Est. 2,009% increase in value since last sale

Current estimated payment $8,448/month

165 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Gated Community
  • Views of a Sound
  • Golf Course Community
  • Clubhouse

About This Lot

As of September 2020

Close to 3/4 acre on a private cul-de-sac! You do not want to miss this one. This is a gorgeous homesite in Corolla located in the exquisite resort community of The Currituck Club. The property is level and will not require a lot of site work to prepare it for your dream house! It is the ideal location to build a primary residence, second home, or vacation rental with exceptional surrounding homes. Owners and guests have access to a wide array of amenities. Including but not limited to a private, gated community with a security guard to monitor 24 hours a day who enters the community. There is a Trolley Service that runs seven days a week all summer. The fitness center is open seven days a week and there are many areas to enjoy various sporting activities around the fitness center including basketball courts, tennis and pickle-ball courts, a sand volleyball court, a shuffleboard court, and a bocce ball court. Not only are there awesome fitness amenities but there are also 3 community pools! The main pool also has a tiki bar which is a great place to socialize! For the golfers in the group, there is an extraordinary 18-hole semi-private golf course designed by the legendary Rees Jones. Additionally, you will find a world class practice facility including a putting green, driving range and a bunker. It is a par 72 golf course that is fantastically maintained. Your future home would offer sweeping sound views. There is a restaurant available at the Hunt Club Tavern. Exceptional opportunity!

Last Agent to Sell the Property

Edith Rowe

Brindley Beach Vacations & Sales-Duck License #188824 Listed on: 03/01/2020

Co-Listed By

Catherine Strachan

Brindley Beach Vacations & Sales-Duck License #246162

Last Buyer's Agent

Robert Godley

Kitty Hawk Land Company License #185619

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $796

Lot Details

  • 0.72 Acre Lot
  • Property fronts a private road
  • Level Lot

HOA Fees

  • $173 Monthly HOA Fees

Additional Features

  • Views of a Sound
  • Timber
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, tennis courts, walkways
  • Heidi Corsello Association, Phone Number (252) 453-4011
  • Tcc Currituck Club Subdivision

Recreation

  • Community Beach Access
  • Golf Course Community
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$796

Lot Details

0

HOA Fees

$173 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: From the main entrance, south onto Hunt Club Drive. Follow 1.5 miles to Historic Loop on the right. Make a left, site is located in the bend on your left.
  • Flood Zone: X
  • Subdivision Name: The Currituck Club
  • Headline: Large Homesite, Sound Views
  • L V T Date: 03/01/2020
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Zoning: Res
  • Timber: Light
  • Deed Book Pg Number: 577
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: The Currituck Club
  • Newpoint Media: Yes
  • Office License Number: C14121
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Sound

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Gated Community, Golf Course, Health Club, Ocean Access, Outdoor-Comm. Tennis, Outdoor-Comm. Pool, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 2078
  • Hoa Contact: Heidi Corsello
  • HOA Contact: 252-453-4011
  • Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Tennis Courts, Walkways

Lot Info

  • Estimated Lot Sq Ft: 31363
  • Lot Description: Level
  • Estimated Lot Size: 0.72
  • Deed Book: 1418
  • Unit/Lot Number: Lot 420

Tax Info

  • Year: 2019
  • Taxes: 795.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2020
Closed on
Sep 25, 2020
Sold by
Phillips Sheila L
Bought by
Jenkins Jonathan and Jenkins Shelley Ann
Seller's Agent
Edith Rowe
Brindley Beach Vacations & Sales-Duck
Buyer's Agent
Robert Godley
Kitty Hawk Land Company
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%
Current Estimated Value
$1,476,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,406,211
Avg. Annual Appreciation
82.24%
Original Mortgage
$52,500
Outstanding Balance
$939
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,475,272

Purchase Details

Listed on
Feb 14, 2017
Closed on
Sep 1, 2017
Sold by
The Currituck Associates Residential Par
Bought by
Phillips James M and Phillips Sheila L
Seller's Agent
Robert Godley
Kitty Hawk Land Company
Buyer's Agent
Robert Godley
Kitty Hawk Land Company
List Price
$262,000
Sold Price
$88,000
Premium/Discount to List
-$174,000
-66.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.21%
Source: Public Records

Range of Values:

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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
Jenkins Jonathan $70,000 None Available
Phillips James M $88,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Jonathan $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2020 09/29/20 Sold $70,000 -12.4% --
08/13/2020 08/13/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $79,900 0.0% --
06/13/2020 06/13/20 Pending -- -- --
03/01/2020 03/01/20 For Sale $79,900 -9.2% --
09/08/2017 09/08/17 Sold $88,000 -11.9% -- View Prior Sale
06/21/2017 06/21/17 Pending -- -- --
06/01/2017 06/01/17 Price Changed $99,900 -61.9% --
02/14/2017 02/14/17 For Sale $262,000 -- --
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
2024 $6,574 $835,100 $69,900 $765,200
2023 $6,581 $835,100 $69,900 $765,200
2022 $356 $69,900 $69,900 $0
2021 $356 $150,100 $150,100 $0
2020 $796 $150,100 $150,100 $0
2019 $796 $150,100 $150,100 $0
2018 $796 $150,100 $150,100 $0
2017 $720 $150,100 $150,100 $0
2016 $720 $150,100 $150,100 $0
2015 $720 $150,100 $150,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108545

Outer Banks Association of REALTORS®

APN: 117A-000-0420-0000