NOT LISTED FOR SALE

529 Ocean Trail Corolla, NC 27927

Estimated Value: $539,000 - $586,000

4 Beds
2 Baths
1,550 Sq Ft
$366/Sq Ft Est. Value

Last Sold November 24, 2014

Last sale price $293,500 $189 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,184/month

164 Days on Market

Highlights

  • Ocean View
  • Wooded Lot
  • Furnished
  • Coastal Architecture
  • Main Floor Bedroom
  • Living Room

About This Home

As of November 2014

This home is a must see - set back from the main road, nestled in the trees, this beach house is a gem! After entering down the long driveway, you won't even know where you are. Lovingly updated and redecorated by the current owners, this home will not disappoint. From the bright coastal decor to spacious decks with ocean views, this is the place to make memories. The extra large lot means there should be plenty of room for future expansion and/or a swimming pool. This would make a great 2nd home or rental. Brand new septic installed 2014.

Last Agent to Sell the Property

Danielle Taylor

Keller Williams - Outer Banks License #273134 Listed on: 05/07/2014

Keller Williams - Outer Banks

Last Buyer's Agent

Daniel LaRue

Corolla Beach Realty License #257370

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,685

Year Built

  • Built in 1988

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 112x200
  • Level Lot
  • Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • Unpaved Parking

Home Design

  • Coastal Architecture
  • Asphalt Shingled Roof
  • Modular or Manufactured Materials
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,550 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Utility Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Sun Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Association fees include management, walkways
  • Ocean Sands Subdivision

Listing and Financial Details

  • Tax Lot # 53

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,685

Year Built

Built in 1988

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: On 12N toward Corolla, house is just past SEC A entrance of Ocean Sands on the right.
  • Extras: Ceiling Fan(s), Sun Deck
  • Flood Zone: X
  • Subdivision Name: Ocean Sands
  • Headline: New Price; cute cottage!
  • Heated Sq Ft: 1550
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: A
  • Waterfront Location: More than 5th row
  • Zoning: RES
  • Deed Book Pg Number: 0849
  • Major Subdivision: Ocean Sands
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Bedroom 1: On Level: 2
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 1
  • Kitchen: On Level: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Dining Room: On Level: 2
  • Living Room: On Level: 2

Exterior Features

  • Construction: Modular (Pre-Fab)
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Unpaved

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Management, Walkways
  • Association Fee: Yes
  • Estimated Annual Fee: 100

Lot Info

  • Estimated Lot Sq Ft: 22400
  • Lot Description: Level, Wooded
  • Lot Faces: W
  • Lot Size: 112x200
  • Lot Number: Lot# 53
  • Deed Book: 0673

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2013
  • Taxes: 1685.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2015
Sold by
Lambertz Donna A and Lambertz Thomas W
Bought by
Lambertz Jennifer L and Panaras Joseph W
Current Estimated Value
$567,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,150
Outstanding Balance
$221,003
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$346,668

Purchase Details

Listed on
May 7, 2014
Closed on
Nov 4, 2014
Sold by
Gotthold Peter E and Ridi Marisa C
Bought by
Lambertz Jennifer L and Panara Joseph W
Seller's Agent
Danielle Taylor
Keller Williams - Outer Banks
Buyer's Agent
Daniel LaRue
Corolla Beach Realty
List Price
$324,900
Sold Price
$293,500
Premium/Discount to List
-$31,400
-9.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$280,321
Interest Rate
3.87%
Mortgage Type
FHA
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
Lambertz Jennifer L -- Attorney
Lambertz Jennifer L $293,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambertz Jennifer L $282,150
Closed Lambertz Jennifer L $280,321
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2014 11/24/14 Sold $293,500 -9.7% $189 / Sq Ft
10/18/2014 10/18/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $324,900 -- $210 / 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 $2,412 $275,500 $120,000 $155,500
2024 $2,396 $275,500 $120,000 $155,500
2023 $2,159 $275,500 $120,000 $155,500
2022 $1,841 $275,500 $120,000 $155,500
2021 $1,826 $295,900 $170,000 $125,900
2020 $1,838 $295,900 $170,000 $125,900
2019 $1,838 $295,900 $170,000 $125,900
2018 $1,838 $295,900 $170,000 $125,900
2017 $1,670 $295,900 $170,000 $125,900
2016 $1,670 $295,900 $170,000 $125,900
2015 $1,670 $295,900 $170,000 $125,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 83670

Outer Banks Association of REALTORS®

APN: 126A-000-0053-000A