NOT LISTED FOR SALE

653 Pampas Ct Corolla, NC 27927

Estimated Value: $957,000 - $1,098,000

0.14 Acre
$7,240,014 Price per Acre
6,098 Sq Ft Lot

Last Sold October 11, 2013

Last sale price $158,500

Est. 524% increase in value since last sale

Current estimated payment $5,805/month

7 Days on Market

Highlights

  • Community Beach Access
  • Tennis Courts
  • Level Lot
  • Community Pool

About This Lot

As of October 2013

Low developer pricing for a limited time! Come see and compare. If you thought owning Oceanside in Corolla was out of reach, check out Ocean Lakes. Ocean Lakes at Ocean Sands offers a setting perfect for every member of your family. Combining the ease of beach living with an extraordinary array of nearby recreational amenities, this very special neighborhood puts all the best that Corolla has to offer right at your doorstep. Wide beaches, a stocked 10-acre lake, world-class golf, tennis, dining and shopping and the history of the Outer Banks are all around you. Beautiful new homes are just completed or under construction now. Stop by anytime to see how handsome Ocean Lakes is turning out to be! Several homes available for walkthrough on short notice. House plans and pricing, as well as special financing information, available in associated documents or contact the listing agent.

Last Agent to Sell the Property

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 08/15/2013

Keller Williams - Outer Banks

Last Buyer's Agent

Joanne Kepler

Beach Realty & Construction- Corolla License #190335

Property Details

Property Type

  • Land

Lot Details

  • Level Lot

HOA Fees

  • $69 Monthly HOA Fees

Utilities

  • Municipal Utilities District Water
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, security, tennis courts, walkways
  • Bob Defazio Association, Phone Number (252) 453-2105
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$69 per month

Listing Details

  • Class: LOTS/LAND
  • Headline: Beautiful Lot in Ocean Sands!
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: O
  • Zoning: res
  • 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, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 830
  • Hoa Contact: Bob DeFazio
  • HOA Contact: 252-453-2105
  • Fee Includes: Common Electric, Common Insurance, Management, Pool, Security, Tennis Courts, Walkways

Lot Info

  • Lot Description: Level
  • Unit/Lot Number: Lot #161

Tax Info

  • Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2013
Closed on
Oct 11, 2013
Sold by
Coastland Development & Sales Inc
Bought by
Ferraro Peter A and Ferraro Lauren A
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Joanne Kepler
Beach Realty & Construction- Corolla
List Price
$160,000
Sold Price
$158,500
Premium/Discount to List
-$1,500
-0.94%
Current Estimated Value
$988,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$829,750
Avg. Annual Appreciation
16.28%
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
Ferraro Peter A $158,500 None Available
Coastland Development & Sales Inc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2013 10/11/13 Sold $158,500 -0.9% --
08/22/2013 08/22/13 Pending -- -- --
08/15/2013 08/15/13 For Sale $160,000 -- --
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 $7,246 $620,000 $160,000 $460,000
2024 $7,246 $620,000 $160,000 $460,000
2023 $7,242 $620,000 $160,000 $460,000
2022 $5,533 $620,000 $160,000 $460,000
2021 $4,850 $499,000 $140,000 $359,000
2020 $4,078 $499,000 $140,000 $359,000
2019 $4,045 $499,000 $140,000 $359,000
2018 $4,099 $499,000 $140,000 $359,000
2017 $3,622 $499,000 $140,000 $359,000
2016 $3,259 $499,000 $140,000 $359,000
2015 $1,987 $140,000 $140,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 80341

Outer Banks Association of REALTORS®

APN: 126A-000-0161-000O