530 Ocean Trail Corolla, NC 27927
Estimated Value: $688,000 - $1,024,000
8
Beds
3
Baths
3,041
Sq Ft
$268/Sq Ft
Est. Value
About This Home
This home is located at 530 Ocean Trail, Corolla, NC 27927 and is currently estimated at $814,027, approximately $267 per square foot. 530 Ocean Trail is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 18, 2016
Sold by
Cherry Marshall E and Cherry Julie C
Bought by
Cherry Michael A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Outstanding Balance
$244,610
Interest Rate
3.64%
Mortgage Type
Seller Take Back
Estimated Equity
$569,417
Purchase Details
Closed on
Feb 9, 2006
Sold by
Jewell William E
Bought by
Cherry Michael A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 5, 2001
Bought by
Cherry Michael A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cherry Michael A | $325,000 | Attorney | |
| Cherry Michael A | $250,000 | None Available | |
| Cherry Michael A | $55,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cherry Michael A | $310,000 | |
| Previous Owner | Cherry Michael A | $100,000 |
Source: Public Records
Tax History Compared to Growth
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 | $3,813 | $456,700 | $110,000 | $346,700 |
| 2024 | $3,813 | $456,700 | $110,000 | $346,700 |
| 2023 | $3,797 | $456,700 | $110,000 | $346,700 |
| 2022 | $2,862 | $456,700 | $110,000 | $346,700 |
| 2021 | $2,847 | $455,400 | $150,000 | $305,400 |
| 2020 | $2,773 | $455,400 | $150,000 | $305,400 |
| 2019 | $2,765 | $455,400 | $150,000 | $305,400 |
| 2018 | $2,765 | $455,400 | $150,000 | $305,400 |
| 2017 | $2,517 | $455,400 | $150,000 | $305,400 |
| 2016 | $2,517 | $455,400 | $150,000 | $305,400 |
| 2015 | $2,517 | $455,400 | $150,000 | $305,400 |
Source: Public Records
Map
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