NOT LISTED FOR SALE

615 Schooner Ridge Corolla, NC 27927

Estimated Value: $990,000 - $1,177,338

0.13 Acre
$8,456,423 Price per Acre
5,663 Sq Ft Lot

Last Sold September 04, 2018

Last sale price $164,000

Est. 570% increase in value since last sale

Current estimated payment $6,531/month

253 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Tennis Courts

About This Lot

As of September 2018

One of the Best Deals in the Corolla/Duck Oceanside homesite market!...check-out the location…just 50 yards to the private community beach access, in the most popular Ocean Sands Section E…and has the most open space and least residential density! Southern /Eastern open space assure beautiful ocean views from 2nd story home forever! Naturally, it’s one of the quietest beaches in Corolla! Ideal location for higher income producing vacation homes, 2nd home and for spec builder, a choice spot!...pedestrian crossing just 5 minutes from homesite takes you to the Currituck Club shopping centers, golf course and clubhouses!...closer to the beach than most Whalehead semi oceanfront homes!...Compare to other Ocean Sands homesite…tens of thousands of dollars less and closer to the ocean! Do your homework and you’ll be convinced this is a great opportunity…motivated sellers!...make an offer!

Last Agent to Sell the Property

Daniel Fenyak

Outer Banks Blue Realty Srvcs. License #103918 Listed on: 11/10/2017

Last Buyer's Agent

Daniel LaRue

Corolla Beach Realty License #257370

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,463

Lot Details

  • Lot Dimensions are 60x100
  • Property fronts a private road
  • Irregular Lot

HOA Fees

  • $42 Monthly HOA Fees

Additional Features

  • Ocean Views
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include common electric, common insurance, management, road maintenance, security
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts

Property Details

Property Type

Land

Est. Annual Taxes

$1,463

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: AE
  • Headline: Corolla Oceanside Best Buy!
  • L V T Date: 11/10/2017
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Section: E
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: Res
  • Deed Book Pg Number: 0079
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C15771
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 500
  • Fee Includes: Common Electric, Common Insurance, Management, Road Maintenance, Security

Lot Info

  • Lot Description: Irregular Terrain
  • Lot Size: 60X100
  • Deed Book: 0481
  • Unit/Lot Number: Lot BB

Tax Info

  • Year: 2017
  • Taxes: 1463

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2017
Closed on
Sep 4, 2018
Sold by
Kramer William H and Kramer June F
Bought by
Hogan Jean M
Seller's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
Buyer's Agent
Daniel LaRue
Corolla Beach Realty
List Price
$225,000
Sold Price
$164,000
Premium/Discount to List
-$61,000
-27.11%
Current Estimated Value
$1,099,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$935,335
Avg. Annual Appreciation
30.68%

Purchase Details

Closed on
Dec 7, 1999
Bought by
Kramer, William H Trustee
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Hogan Jean M $16,400 None Available
Kramer, William H Trustee -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2018 09/04/18 Sold $164,000 -8.9% --
07/21/2018 07/21/18 Pending -- -- --
03/08/2018 03/08/18 Price Changed $180,000 -10.0% --
12/20/2017 12/20/17 Price Changed $200,000 -11.1% --
12/07/2017 12/07/17 For Sale $225,000 0.0% --
11/30/2017 11/30/17 Pending -- -- --
11/10/2017 11/10/17 For Sale $225,000 -- --
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 $7,918 $696,400 $275,000 $421,400
2023 $7,918 $696,400 $275,000 $421,400
2022 $5,750 $696,400 $275,000 $421,400
2021 $5,038 $225,000 $225,000 $0
2020 $2,601 $225,000 $225,000 $0
2019 $1,553 $225,000 $225,000 $0
2018 $0 $225,000 $225,000 $0
2017 $1,463 $225,000 $225,000 $0
2016 $1,305 $225,000 $225,000 $0
2015 $1,193 $225,000 $225,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 98430

Outer Banks Association of REALTORS®

APN: 126A-000-00BB-000E