NOT LISTED FOR SALE

527 Ocean Trail Corolla, NC 27927

Estimated Value: $1,080,000 - $1,328,000

0.56 Acre
$2,105,086 Price per Acre
24,394 Sq Ft Lot

Last Sold November 06, 2012

Last sale price $135,000

Est. 773% increase in value since last sale

Current estimated payment $6,651/month

5 Days on Market

About This Lot

As of November 2012

Fantastic oceanside corner lot in the larger lot (100' x 200') Section A of Ocean Sands. Put your driveway on the side street, Ocean Way and you have a straight shot to the beach! X Flood Zone! This section of Ocean Sands has available Currituck County Water & individual septic. Incredible value @ 1/3 of $298,900 tax value! Optional HOA - Ocean Sands South Property Owners Association with dues of $50 for unimproved or $100 for improved property. Contact Les Gilliam @ www.osspoa.org Hurry this one won't last long!

Last Agent to Sell the Property

Charles Rocknak

Beach Realty & Construction License #123903 Listed on: 10/03/2012

Last Buyer's Agent

Terry Cremia

Shore Realty License #204156

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $957

Lot Details

  • Lot Dimensions are 100' x 200'
  • Corner Lot

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Ocean Sands Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$957

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: Lot is on the corner of Ocean Trail and Ocean Way which is the entrance to Section A of Ocean Sands.
  • Flood Zone: X
  • Headline: Excellent Oceanside Lot
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: A
  • Waterfront Location: More than 5th row
  • Zoning: RES
  • Deed Book Pg Number: 910
  • Major Subdivision: Ocean Sands
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Lot Info

  • Lot Description: Corner
  • Lot Faces: W
  • Lot Size: 100' x 200'
  • Deed Book: 1216
  • Unit/Lot Number: Lot 52

Tax Info

  • Year: 2012
  • Taxes: 957

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2012
Closed on
Nov 6, 2012
Sold by
Shaw Joyce
Bought by
Leighton David and Leighton Nancy C
Seller's Agent
Charles Rocknak
Beach Realty & Construction
Buyer's Agent
Terry Cremia
Shore Realty
List Price
$98,700
Sold Price
$135,000
Premium/Discount to List
$36,300
36.78%
Current Estimated Value
$1,178,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,043,848
Avg. Annual Appreciation
17.93%

Purchase Details

Closed on
Aug 31, 2012
Sold by
Shaw Bruce M and Shaw Kathi D
Bought by
Shaw Joyce
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
Leighton David $135,000 None Available
Shaw Joyce -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2012 11/06/12 Sold $135,000 +36.8% --
10/08/2012 10/08/12 Pending -- -- --
10/03/2012 10/03/12 For Sale $98,700 -- --
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 $5,920 $773,100 $120,000 $653,100
2024 $5,920 $672,500 $120,000 $552,500
2023 $5,200 $672,500 $120,000 $552,500
2022 $3,884 $672,500 $120,000 $552,500
2021 $3,869 $339,400 $170,000 $169,400
2020 $3,776 $339,400 $170,000 $169,400
2019 $1,847 $170,000 $170,000 $0
2018 $901 $170,000 $170,000 $0
2017 $816 $170,000 $170,000 $0
2016 $816 $170,000 $170,000 $0
2015 $816 $170,000 $170,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 76483

Outer Banks Association of REALTORS®

APN: 126A-000-0052-000A