NOT LISTED FOR SALE

550 Ocean Trail Corolla, NC 27927

Corolla Area

Estimated Value: $703,261 - $830,000

0.63 Acre
$1,232,184 Price per Acre
27,400 Sq Ft Lot

Sale Details

Date Sold: July 19, 2013

Last sale price $105,000

Est. 638% increase in value since last sale

Current estimated payment $4,496 / mo

105 Days on Market

Highlights

  • Golf Course View
  • Timber
  • Level Lot
  • Knotts Island Elementary School Rated 9+

About This Lot

As of July 2013

GREAT PRICE for this LOT - 7 back from the oceanfront. Flood zone X !!. Large oversized (half acre +) lot looking out over #3 Hole Fairway of The Currituck Club. Mature pines and live oaks. Direct beach access street down Seashell Lane in Sec. B of Ocean Sands South. Great location without the high price. 2 story home will have golf course and ocean views.

Last Agent to Sell the Property

Ronald Barrett

Brindley Beach Vacations & Sales - Cor License #94054 Listed on: 03/06/2013

Last Buyer's Agent

Paul Sabadash

Sun Realty - Corolla License #119788

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $829

Lot Details

  • 27,400 Sq Ft Lot
  • Lot Dimensions are 100x274
  • Level Lot
  • Irregular Lot

Property Views

  • Golf Course
  • Park or Greenbelt

Farming

  • Timber

Utilities

  • Municipal Utilities District Water
  • Private Sewer

Community Details

Overview

  • Ocean Sands Subdivision

Recreation

  • Community Boardwalk

Property Details

Property Type

Land

Est. Annual Taxes

$829

Lot Details

0.63 Acres

Listing Details

  • Class: LOTS/LAND
  • Directions: Hwy 12 N past the S Entrance of Currituck Club. Lot is on W side-directly across from Sec. B access
  • Subdivision Name: Ocean Sands South
  • Headline: FLOOD ZONE X !!
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Section: B
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Timber: Light
  • Deed Book Pg Number: 590
  • Major Subdivision: Ocean Sands
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 100
  • View: Park Serv./Preserve

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Boardwalk to Beach

Lot Info

  • Estimated Lot Sq Ft: 27400
  • Lot Description: Golf Course Frontage, Irregular Terrain, Level
  • Lot Size: 100x274
  • Deed Book: 379
  • Unit/Lot Number: Lot #131

Tax Info

  • Year: 2012
  • Taxes: 829.44

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2013
Closed on
Jun 26, 2013
Sold by
Bought by
Seller's Agent
Ronald Barrett
Brindley Beach Vacations & Sales - Cor
Buyer's Agent
Paul Sabadash
Sun Realty - Corolla
List Price
$129,000
Sold Price
$105,000
Premium/Discount to List
-$24,000
-18.6%
Current Estimated Value
$775,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$670,065
Avg. Annual Appreciation
16.57%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$105,000 None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/19/2013 07/19/13 Sold $105,000 -18.6% --
06/19/2013 06/19/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $129,000 -- --
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,281 $399,200 $77,000 $322,200
2024 $3,281 $399,200 $77,000 $322,200
2023 $2,930 $399,200 $77,000 $322,200
2022 $2,391 $382,700 $77,000 $305,700
2021 $2,204 $381,700 $105,000 $276,700
2020 $2,296 $381,700 $105,000 $276,700
2019 $2,296 $381,700 $105,000 $276,700
2018 $0 $381,700 $105,000 $276,700
2017 $2,082 $381,700 $105,000 $276,700
2016 $2,082 $381,700 $105,000 $276,700
2015 $2,082 $358,500 $105,000 $253,500
Source: Public Records

Agents Affiliated with this Home

  • Ronald Barrett

    Seller's Agent in 2013

    Ronald Barrett

    Brindley Beach Vacations & Sales - Cor

    (252) 202-8999

    31 Total Sales

    Ronald Barrett
    Section Image
  • Paul Sabadash

    Buyer's Agent in 2013

    Paul Sabadash

    Sun Realty - Corolla

    (252) 722-3120

    24 Total Sales

    Paul Sabadash
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 78100

Outer Banks Association of REALTORS®

APN: 126A-000-0131-000B

North Carolina Currituck County Corolla 27927

550 Ocean Trail, Corolla, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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