NOT LISTED FOR SALE

581 Ocean Trail Corolla, NC 27927

Estimated Value: $778,000 - $1,054,000

6 Beds
5.5 Baths
3,378 Sq Ft
$273/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $362,000 $107 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $5,176/month

102 Days on Market

Highlights

  • In Ground Pool
  • Game Room
  • Tile Flooring
  • Coastal Architecture
  • Covered Deck
  • En-Suite Primary Bedroom

About This Home

As of May 2016

Awesome opportunity to own a great 6 bedroom home in Corolla! Bring your decorating skills and turn this one into a great rental or second home. Needs a little love but at this incredible price the deal can't be beat. Act fast to grab your place in the sun and get her ready for the season!

Last Agent to Sell the Property

Wayne Strickland

Stellar Properties License #190095 Listed on: 01/25/2016

Co-Listed By

Laura Strickland

Stellar Properties License #264696

Last Buyer's Agent

Daniel LaRue

Corolla Beach Realty License #257370

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,988

Year Built

  • Built in 2001

Lot Details

  • 0.58 Acre Lot
  • Level Lot

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,378 Sq Ft Home
  • Gas Fireplace
  • Game Room
  • Laminate Countertops
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • Tuck Under Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Vinyl Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Community Details

  • Ocean Sands Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 188

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,988

Year Built

Built in 2001

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Bank Owned: Yes
  • Directions: Ocean Sands, Sec C
  • Extras: Covered Decks, Outside Shower, Sun Deck
  • Subdivision Name: Sec C
  • Headline: Coastal Dreamin
  • Heated Sq Ft: 3378
  • L V T Date: 01/26/2016
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: Residentia
  • Deed Book Pg Number: 448
  • Major Subdivision: Ocean Sands
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 5
  • Interior Amenities: Dryer Connection, Gas Fireplace, Ensuite, Washer Connection
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Vinyl, Private Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Off Street, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 100

Lot Info

  • Estimated Lot Sq Ft: 25160
  • Lot Description: Level
  • Lot Number: Lot 188
  • Deed Book: 1342

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2015
  • Taxes: 2988

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2021
Sold by
Stuberg Laura L
Bought by
Stuberg Joel M
Current Estimated Value
$920,996

Purchase Details

Listed on
Jan 25, 2016
Closed on
May 20, 2016
Sold by
The Bank Of New York Mellon
Bought by
Stuberg Laura L and Stuberg Joel M
Seller's Agent
Wayne Strickland
Stellar Properties
Buyer's Agent
Daniel LaRue
Corolla Beach Realty
List Price
$431,400
Sold Price
$362,000
Premium/Discount to List
-$69,400
-16.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.43%
Original Mortgage
$289,600
Outstanding Balance
$229,939
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$691,057
Source: Public Records

Range of Values:

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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
Stuberg Joel M -- None Available
Stuberg Laura L $362,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stuberg Laura L $289,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2016 05/31/16 Sold $362,000 -16.1% $107 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $431,400 -- $128 / 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
2024 $4,057 $502,600 $120,000 $382,600
2023 $4,041 $502,600 $120,000 $382,600
2022 $2,999 $502,600 $120,000 $382,600
2021 $2,984 $558,000 $170,000 $388,000
2020 $3,276 $558,000 $170,000 $388,000
2019 $3,276 $549,600 $170,000 $379,600
2018 $3,231 $549,600 $170,000 $379,600
2017 $2,963 $549,600 $170,000 $379,600
2016 $2,988 $549,600 $170,000 $379,600
2015 $2,988 $549,600 $170,000 $379,600
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2016

    Wayne Strickland

    Stellar Properties

    Section Image
  • Laura Strickland

    Seller Co-Listing Agent in 2016

    Laura Strickland

    Stellar Properties

    (252) 489-9218

    1 in this area

    27 Total Sales

    Laura Strickland
    Section Image
  • Daniel LaRue

    Buyer's Agent in 2016

    Daniel LaRue

    Corolla Beach Realty

    (551) 404-7777

    29 in this area

    47 Total Sales

    Daniel LaRue
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 90920

Outer Banks Association of REALTORS®

APN: 126A-000-0188-000C

North Carolina Currituck County Corolla 27927

581 Ocean Trail, Corolla, NC

This home is located at 581 Ocean Trail, Corolla, NC 27927 since 25 January 2016 and is currently estimated at $920,996, approximately $272 per square foot. This property was built in 2001. 581 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.

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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