NOT LISTED FOR SALE

633 Tern Ct Corolla, NC 27927

Estimated Value: $81,000 - $765,000

0.14 Acre
$3,452,379 Price per Acre
6,098 Sq Ft Lot

Last Sold July 24, 2013

Last sale price $112,099

Est. 492% increase in value since last sale

Current estimated payment $3,864/month

355 Days on Market

Highlights

  • Community Beach Access
  • Tennis Courts
  • Cul-De-Sac
  • Corner Lot

About This Lot

As of July 2013

Straight shot to the beach-10 lots back or about 600' to the walkover. Private setting in the cul-de-sac. Watch the wildlife in the open space behind you! One of a few lots for sale in Ocean Sands and priced competively. Buy now while the prices are the lowest in years. Possible ocean view over the open space.

Last Agent to Sell the Property

Sheila Williamson

Sheila Williamson Broker License #141039 Listed on: 06/20/2012

Sheila Williamson Broker

Last Buyer's Agent

Daniel LaRue

Corolla Beach Realty License #257370

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,280

Lot Details

  • Lot Dimensions are 60 x 105 x 40 x 90
  • Property fronts a private road
  • Cul-De-Sac
  • Lot includes common area
  • Corner Lot
  • Property is zoned RO1

HOA Fees

  • $29 Monthly HOA Fees

Utilities

  • Municipal Utilities District Water
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include management
  • Bob Defazio Association, Phone Number (252) 453-2105
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts

Property Details

Property Type

Land

Est. Annual Taxes

$1,280

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Turn on Seabird,rt on Sanderling, rt on Tern, at the end on rt
  • Flood Zone: AE
  • Subdivision Name: Ocean Sands
  • Headline: Short walk to the beach
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Section: H
  • Zoning: RO1
  • Deed Book Pg Number: 618
  • Major Subdivision: Ocean Sands
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 350
  • Hoa Contact: Bob DeFazio
  • HOA Contact: 252-453-2105
  • Fee Includes: Management

Lot Info

  • Lot Description: Adj. To Common Area, Corner, Cul-de-sac
  • Lot Size: 60 x 105 x 40 x 90
  • Deed Book: 231
  • Unit/Lot Number: lot 3

Tax Info

  • Year: 2011
  • Taxes: 1280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2012
Closed on
Jul 24, 2013
Sold by
Livingstone Marilyn W
Bought by
Defeo Sean R
Seller's Agent
Sheila Williamson
Sheila Williamson Broker
Buyer's Agent
Daniel LaRue
Corolla Beach Realty
List Price
$149,000
Sold Price
$112,099
Premium/Discount to List
-$36,901
-24.77%
Current Estimated Value
$664,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$551,901
Avg. Annual Appreciation
12.43%
Original Mortgage
$210,000
Outstanding Balance
$152,231
Interest Rate
4%
Mortgage Type
Construction
Estimated Equity
$331,102
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

Date Buyer Sale Price Title Company
Defeo Sean R $112,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Defeo Sean R $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2013 07/24/13 Sold $112,099 -24.8% --
06/10/2013 06/10/13 Pending -- -- --
06/20/2012 06/20/12 For Sale $149,000 -- --
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
2025 $4,353 $361,300 $150,000 $211,300
2024 $4,353 $361,300 $150,000 $211,300
2023 $4,032 $361,300 $150,000 $211,300
2022 $3,196 $361,300 $150,000 $211,300
2021 $2,819 $288,800 $135,000 $153,800
2020 $2,266 $288,800 $135,000 $153,800
2019 $2,266 $288,800 $135,000 $153,800
2018 $2,295 $288,800 $135,000 $153,800
2017 $2,130 $288,800 $135,000 $153,800
2016 $1,928 $288,800 $135,000 $153,800
2015 $1,784 $288,800 $135,000 $153,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 75284

Outer Banks Association of REALTORS®

APN: 126A-000-0003-000H