Seller's Agent in 2022
Kathy Samson
WatersEdge Realty
(252) 256-2485
10 in this area
65 Total Sales
540 Ocean Trail Corolla, NC 27927
Estimated Value: $791,000 - $1,016,809
7
Beds
4.5
Baths
3,794
Sq Ft
$238/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Coastal Architecture
- Cathedral Ceiling
- Golf Course View
- Wooded Lot
- Hydromassage or Jetted Bathtub
About This Home
As of April 20227 Bedrooms and a pool in Corolla! The VERY private back yard overlooks the golf course with beautiful pool, Tiki hut, putting green, play area and hot tub. The property sits way back off off the road and is convenient to 2 beach accesses. King Master Bedroom with double sided fireplace, whirlpool tub. Great room with double sided fireplace, dining area seating with deck access and the kitchen with deck access and a breakfast bar. The lower level is a fantastic game room with 2 bedrooms. This is an X flood zone!. Rents could be much higher. Owner has blocked out a number of prime weeks for personal use. Driveway done in 2021, new roof 2021, 1 HVAC 2yrs old.
Last Agent to Sell the Property
WatersEdge Realty License #278226 Listed on: 11/23/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,054
Year Built
- Built in 1995
Lot Details
- 0.59 Acre Lot
- Level Lot
- Wooded Lot
Home Design
- Coastal Architecture
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
Interior Spaces
- 3,794 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Loft
- Game Room
- Golf Course Views
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- En-Suite Primary Bedroom
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Patio
- Exterior Lighting
- Gazebo
- Tiki or Chickee Hut
Utilities
- Central Heating and Cooling System
- Well
- Private or Community Septic Tank
Community Details
- Ocean Sand South Poa
- Ocean Sands Subdivision
Listing and Financial Details
- Tax Lot # 126
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 23, 2021
Closed on
Apr 8, 2022
Sold by
Howard Silver Frederick and Lutz Lisa
Bought by
Wright Timothy Paul and Halloran Sherri Test
Seller's Agent
Kathy Samson
WatersEdge Realty
Buyer's Agent
Kathy Samson
WatersEdge Realty
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,702
Avg. Annual Appreciation
7.85%
Original Mortgage
$616,500
Outstanding Balance
$580,039
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$324,664
Purchase Details
Listed on
Jan 8, 2016
Closed on
Apr 7, 2016
Sold by
Suntrust Bank
Bought by
Silver Frederick Howard and Silver Lisa Anne
Seller's Agent
Michelle Huffman
Huffman Coastal Properties
Buyer's Agent
Kathy Samson
WatersEdge Realty
List Price
$440,000
Sold Price
$325,000
Premium/Discount to List
-$115,000
-26.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.18%
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 |
|---|---|---|---|
| Wright Timothy Paul | $685,000 | Rose Harrison Gilreath & Power | |
| Silver Frederick Howard | $325,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wright Timothy Paul | $616,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/19/2022 04/19/22 | Sold | $685,000 | -2.0% | $181 / Sq Ft | |
| 01/30/2022 01/30/22 | Pending | -- | -- | -- | |
| 11/23/2021 11/23/21 | For Sale | $699,000 | +115.1% | $184 / Sq Ft | |
| 04/11/2016 04/11/16 | Sold | $325,000 | -26.1% | $88 / Sq Ft | View Prior Sale |
| 03/09/2016 03/09/16 | Pending | -- | -- | -- | |
| 01/08/2016 01/08/16 | For Sale | $440,000 | -- | $119 / Sq Ft |
Source: Outer Banks Association of REALTORS®
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 | $4,111 | $497,000 | $110,000 | $387,000 |
| 2024 | $4,111 | $497,000 | $110,000 | $387,000 |
| 2023 | $4,095 | $497,000 | $110,000 | $387,000 |
| 2022 | $3,069 | $497,000 | $110,000 | $387,000 |
| 2021 | $3,054 | $478,800 | $150,000 | $328,800 |
| 2020 | $2,895 | $478,800 | $150,000 | $328,800 |
| 2019 | $2,895 | $478,800 | $150,000 | $328,800 |
| 2018 | $2,895 | $478,800 | $150,000 | $328,800 |
| 2017 | $2,627 | $478,800 | $150,000 | $328,800 |
| 2016 | $2,635 | $478,800 | $150,000 | $328,800 |
| 2015 | $2,635 | $478,800 | $150,000 | $328,800 |
Source: Public Records
Agents Affiliated with this Home
-
Kathy Samson
-
Michelle Huffman
Seller's Agent in 2016
Michelle Huffman
Huffman Coastal Properties
(252) 599-0788
2 in this area
48 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 116903
APN: 126A-000-0126-000B
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