NOT LISTED FOR SALE

555 Ocean Trail Corolla, NC 27927

Estimated Value: $778,000 - $912,000

5 Beds
4.5 Baths
2,600 Sq Ft
$322/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $655,000 $252 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,717/month

2 Days on Market

Highlights

  • In Ground Pool
  • Furnished
  • Game Room
  • Wood Flooring
  • Granite Countertops
  • Covered Deck

About This Home

As of May 2021

A rare opportunity to own a superbly maintained house in Section B Ocean Sands. As look through this home you will notice the quality furnishings, new kitchen, the new living room flooring, the excellent deck finish and quality outside paintwork. With only a short trip to Corolla shopping and restaurants this ocean side home has everything you could need. Private pool, very private yard, beautifully landscaped... the garden shed is conveniently located to be a Tiki bar if desired. House improvements: a. Painted interior and exterior with high end Pittsburgh Paint, b. Decks stained with high end Pittsburgh stain, c. All sliders rebuilt by Anderson vendor, d. New flooring in great room e. Granite countertops in kitchen, f. New appliances including washer an dryer and flat screen TV’s throughout, g. Stick built pool house to match main house, h. County water plus a well for irrigation system and a well for miscellaneous use(car wash, etc), i. Volunteer home owners association costs only $125.00 per year, j. Ditch with bulkhead on south side of property, swale on north side and small stormwater holding area in back ensures lawn and house stays dry, k. Covered deck in back allows safe grilling even in rainy weather, l. Gutters and downspouts, m. New great room furniture.

Last Agent to Sell the Property

Andrew Darling

Keller Williams - Outer Banks License #211211 Listed on: 03/29/2021

Keller Williams - Outer Banks

Co-Listed By

Chelsey Larsen

Keller Williams - Outer Banks License #304781

Last Buyer's Agent

Martha Ann Hathcock

SAGA Realty and Construction License #304716

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,852

Year Built

  • Built in 2002

Lot Details

  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,600 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Window Treatments
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Storage Shed

Utilities

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

Community Details

  • Ocean Sands Subdivision

Listing and Financial Details

  • Tax Lot lot 123

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,852

Year Built

Built in 2002

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: North on rt12 to Ocean Sands. Located at 555 Ocean Tr
  • Extras: Ceiling Fan(s), Covered Decks, Landscaped, Lawn Sprinklers, Smoke Detector(s), Storage Shed, Sun Deck
  • Flood Zone: X
  • Subdivision Name: Ocean Sands Sec B
  • Headline: Not rented .. superb condition
  • Heated Sq Ft: 2600
  • L V T Date: 03/29/2021
  • Primary Residence: Yes
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: B
  • Waterfront Location: More than 5th row
  • Zoning: res
  • Deed Book Pg Number: 335
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Dryer Connection, Washer Connection
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 125

Lot Info

  • Lot Description: Level
  • Lot Faces: 0.49
  • Lot Size: apprx 188'x112'
  • Lot Number: lot 123
  • Deed Book: 1114

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2020
  • Taxes: 2852

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2021
Closed on
May 11, 2021
Sold by
Landrum Larry T and Landrum Elisabeth M
Bought by
Grzybowski Adam Michael and Grzybowski Kristy Lin
Seller's Agent
Andrew Darling
Keller Williams - Outer Banks
Buyer's Agent
Martha Ann Hathcock
SAGA Realty and Construction
List Price
$625,000
Sold Price
$655,000
Premium/Discount to List
$30,000
4.8%
Current Estimated Value
$837,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,506
Avg. Annual Appreciation
5.43%
Original Mortgage
$524,000
Outstanding Balance
$472,851
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$364,655

Purchase Details

Closed on
Jan 20, 2010
Sold by
Preston Francis W and Preston Janice
Bought by
Landrum Larry T and Landrum Elisabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
4.37%
Mortgage Type
New Conventional
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
Grzybowski Adam Michael $655,000 None Available
Landrum Larry T $499,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grzybowski Adam Michael $524,000
Previous Owner Landrum Larry T $399,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2021 05/11/21 Sold $655,000 +4.8% $252 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $625,000 -- $240 / 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 $3,984 $500,100 $120,000 $380,100
2024 $3,984 $500,100 $120,000 $380,100
2023 $3,968 $500,100 $120,000 $380,100
2022 $2,987 $500,100 $120,000 $380,100
2021 $2,972 $487,100 $170,000 $317,100
2020 $2,852 $487,100 $170,000 $317,100
2019 $2,852 $487,100 $170,000 $317,100
2018 $0 $487,100 $170,000 $317,100
2017 $2,588 $487,100 $170,000 $317,100
2016 $2,588 $487,100 $170,000 $317,100
2015 -- $487,100 $170,000 $317,100
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Andrew Darling

    Keller Williams - Outer Banks

    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Chelsey Larsen

    Keller Williams - Outer Banks

    Section Image
  • Martha Ann Hathcock

    Buyer's Agent in 2021

    Martha Ann Hathcock

    SAGA Realty and Construction

    (804) 920-4459

    10 in this area

    39 Total Sales

    Martha Ann Hathcock
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 113570

Outer Banks Association of REALTORS®

APN: 126A-000-0123-000B

North Carolina Currituck County Corolla 27927

555 Ocean Trail, Corolla, NC

Not Listed for Sale

Detached

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