NOT LISTED FOR SALE

528 Ocean Trail Corolla, NC 27927

Estimated Value: $425,000 - $503,000

3 Beds
1 Bath
1,040 Sq Ft
$444/Sq Ft Est. Value

Last Sold April 26, 2013

Last sale price $190,000 $183 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $2,554/month

278 Days on Market

Highlights

  • Beach Access
  • Beach Box Architecture
  • Ceiling Fan
  • Golf Course View
  • Furnished
  • Baseboard Heating

About This Home

As of April 2013

This little beach box has tremendous potential! Sitting on a large lot in a Shaded X zone, just 2/10ths of a mile from the beach access, backing up to golf course, and with plenty of room for a pool, you can’t go wrong! Fix this one up, enclose under, add on, or build your dream home. As it stands, the home is basic and comfortable, with real wood paneling, tile backsplash in the kitchen, electric baseboard heat plus the hotel style heat/ac unit. Owner has re-sided the house with hardiplank, and the roof is about 5 years old. New pump and well in 2011. Includes plywood hurricane panels and holders. Imagine the possibilities! Property is being sold "as is."

Last Agent to Sell the Property

Janet Owen

Southern Shores Realty License #251631 Listed on: 06/18/2012

Last Buyer's Agent

Sarah Brown

Keller Williams - Outer Banks License #265135

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,028

Year Built

  • Built in 1980

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 100 x 238
  • Level Lot
  • Property is zoned R01

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,040 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Carpet
  • Golf Course Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Ice Maker
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Sun Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot #64

Community Details

Overview

  • Ocean Sands Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,028

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: North on NC12 (Ocean Trail), house on left immediately after Ocean Way
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Headline: Great Potential!
  • Heated Sq Ft: 1040
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: A
  • Zoning: R01
  • Deed Book Pg Number: 148
  • Major Subdivision: Ocean Sands
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet
  • Foundation: Piling
  • Full Bathrooms: 1
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Ice Maker Connection, Some Windows Treated, Washer Connection

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle
  • View: Golf Course

Garage/Parking

  • Garage: Carport

Utilities

  • Cooling: Wall Units
  • Heating: Baseboard, Wall
  • Sewer/Septic System: Private Septic
  • Water: Well

Lot Info

  • Estimated Lot Sq Ft: 23800
  • Lot Description: Golf Course Frontage, Level
  • Lot Faces: E
  • Lot Size: 100 X 238
  • Lot Number: Lot #64
  • Deed Book: 09/E

Building Info

  • Year Built: 1980

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 1028.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2012
Closed on
Apr 26, 2013
Sold by
Glover Jackson H and Fink Yvonne B
Bought by
Mcdonald Patricia and Davis Matthew R
Seller's Agent
Janet Owen
Southern Shores Realty
Buyer's Agent
Sarah Brown
Keller Williams - Outer Banks
List Price
$224,900
Sold Price
$190,000
Premium/Discount to List
-$34,900
-15.52%
Current Estimated Value
$455,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,500
Avg. Annual Appreciation
7.23%
Original Mortgage
$152,000
Outstanding Balance
$102,957
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$358,961
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mcdonald Patricia $190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Patricia $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2013 04/26/13 Sold $190,000 -15.5% $183 / Sq Ft
03/23/2013 03/23/13 Pending -- -- --
06/18/2012 06/18/12 For Sale $224,900 -- $216 / Sq Ft
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 $2,080 $228,200 $110,000 $118,200
2024 $2,080 $228,200 $110,000 $118,200
2023 $2,064 $228,200 $110,000 $118,200
2022 $1,600 $228,200 $110,000 $118,200
2021 $1,585 $239,000 $150,000 $89,000
2020 $1,537 $239,000 $150,000 $89,000
2019 $1,537 $239,000 $150,000 $89,000
2018 $1,430 $218,800 $150,000 $68,800
2017 $1,300 $218,800 $150,000 $68,800
2016 $1,300 $218,800 $150,000 $68,800
2015 $1,300 $216,200 $150,000 $66,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 75268

Outer Banks Association of REALTORS®

APN: 126A-000-0064-000A