NOT LISTED FOR SALE

Estimated Value: $193,875 - $405,000

0.14 Acre
$1,917,636 Price per Acre
6,098 Sq Ft Lot

Last Sold March 31, 2020

Last sale price $125,000

Est. 71% increase in value since last sale

Current estimated payment $1,384/month

646 Days on Market

Highlights

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

About This Lot

As of March 2020

Lakefront building site only a short walk to the beach! Located in Section O of Ocean Sands, this would be a perfect spot to build your beach home. Ocean Lake offers community pool and tennis courts just steps away from this great property. Enjoy the beautiful Corolla beaches and nearby shops and restaurants too. Kayak or paddle board in the lake, right in your backyard. Walk to pool, tennis courts, or the beach in minutes.

Last Agent to Sell the Property

Heather McLay

Landmark Sotheby's International Realty License #188982 Listed on: 05/10/2018

Landmark Sotheby's International Realty

Co-Listed By

Ashley Ladd

Twiddy and Co. - Duck License #276643

Last Buyer's Agent

Hunter Davis

Twiddy and Company - Corolla License #301647

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,008

Lot Details

  • Lake Front
  • Level Lot

HOA Fees

  • $102 Monthly HOA Fees

Additional Features

  • Lake Views
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include management, pool, tennis courts, walkways
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$1,008

Lot Details

0

HOA Fees

$102 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: From Ocean Trail, head east on Seabird Way into Section O, left onto Ocean Lake Trail and then left onto Sand Plum. Lot is at the end, on left/lakefront.
  • Headline: Lakefront and close to beach!
  • L V T Date: 05/10/2018
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: O
  • Waterfront Location: Lakefront
  • Zoning: res
  • Deed Book Pg Number: 72
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Lake/River

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 1225
  • Fee Includes: Management, Pool, Tennis Courts, Walkways

Lot Info

  • Lot Description: Level, Water Frontage
  • Deed Book: 1179
  • Unit/Lot Number: Lot 55

Tax Info

  • Year: 2017
  • Taxes: 1008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Mar 26, 2020
Sold by
Orazi Elizabeth R
Bought by
Meade Joy
Seller's Agent
Heather McLay
Landmark Sotheby's International Realty
Buyer's Agent
Hunter Davis
Twiddy and Company - Corolla
List Price
$169,000
Sold Price
$125,000
Premium/Discount to List
-$44,000
-26.04%
Current Estimated Value
$213,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,831
Avg. Annual Appreciation
15.30%

Purchase Details

Closed on
Sep 30, 2011
Sold by
Staples Kenneth A and Staples Elizabeth O
Bought by
Staples Elizabeth O
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
Meade Joy $125,000 None Available
Staples Elizabeth O -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $125,000 -21.4% --
02/15/2020 02/15/20 Pending -- -- --
01/18/2020 01/18/20 Price Changed $159,000 -3.0% --
10/04/2019 10/04/19 Price Changed $164,000 -3.0% --
04/07/2019 04/07/19 For Sale $169,000 0.0% --
03/13/2019 03/13/19 Pending -- -- --
12/13/2018 12/13/18 Price Changed $169,000 -5.6% --
09/03/2018 09/03/18 Price Changed $179,000 -2.7% --
07/12/2018 07/12/18 Price Changed $184,000 -7.5% --
05/10/2018 05/10/18 For Sale $199,000 -- --
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 $1,332 $124,500 $124,500 $0
2023 $950 $124,500 $124,500 $0
2022 $950 $124,500 $124,500 $0
2021 $825 $155,000 $155,000 $0
2020 $1,070 $155,000 $155,000 $0
2019 $1,070 $155,000 $155,000 $0
2018 $1,085 $155,000 $155,000 $0
2017 $1,008 $155,000 $155,000 $0
2016 $899 $155,000 $155,000 $0
2015 $822 $155,000 $155,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 100459

Outer Banks Association of REALTORS®

APN: 126A-000-0055-000O