NOT LISTED FOR SALE

704 Canal Rd Corolla, NC 27927

Estimated Value: $66,315 - $182,000

0.39 Acre
$282,321 Price per Acre
16,988 Sq Ft Lot

Last Sold August 06, 2020

Last sale price $43,000

Est. 156% increase in value since last sale

Current estimated payment $597/month

99 Days on Market

About This Lot

As of August 2020

Beautiful high lot that has already been cleared and graded. Septic and Well permits in hand. Custom designed house plans in hand. House is a 2-3 BD house with 960 sq. feet and optional garage on ground level. Can be used as a second home or rental. Lot is a must see.

Last Agent to Sell the Property

Julie Rozella

Corolla Beach Realty License #239808 Listed on: 04/06/2020

Last Buyer's Agent

Len Cusato

Keller Williams - Outer Banks License #284979

Keller Williams - Outer Banks

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $227

Lot Details

  • 0.39 Acre Lot
  • Waterfront
  • Unpaved Streets
  • Cleared Lot

Community Details

  • Swan Beach Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$227

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: Take Albatross Lane (Ramp 17), head west back to Ridge rd. take left on Ridge rd. to end. Lot is almost directly across for end of Ridge on Canal.
  • Flood Zone: AE, Cobra, X
  • Headline: Permits & Custom House Plans
  • L V T Date: 04/09/2020
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 2
  • Zoning: Res
  • Deed Book Pg Number: 850
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C18834
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Electric: Available

Lot Info

  • Estimated Lot Sq Ft: 17181
  • Lot Description: Water Frontage, Cleared
  • Estimated Lot Size: 0.39
  • Deed Book: 1493
  • Unit/Lot Number: Lot 58

Tax Info

  • Year: 2019
  • Taxes: 227.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2020
Closed on
Jul 25, 2020
Sold by
Sandbar Realty & Construction Inc
Bought by
Bunch Gretchen M and The Revocable Trust Of Gretche
Seller's Agent
Julie Rozella
Corolla Beach Realty
Buyer's Agent
Len Cusato
Keller Williams - Outer Banks
List Price
$44,900
Sold Price
$43,000
Premium/Discount to List
-$1,900
-4.23%
Current Estimated Value
$110,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,259
Avg. Annual Appreciation
18.83%

Purchase Details

Closed on
Jul 29, 2019
Sold by
Semenoff Nicolas B and Semenoff Rozella Julie
Bought by
Sandbar Realty & Contruction Inc

Purchase Details

Listed on
Sep 5, 2017
Closed on
Jun 6, 2018
Sold by
Branch Banking Tr Co
Bought by
Semenoff Nicolos B
Seller's Agent
John Leatherwood
Coldwell Banker Seaside Realty KH
Buyer's Agent
Julie Rozella
Corolla Beach Realty
List Price
$39,900
Sold Price
$20,000
Premium/Discount to List
-$19,900
-49.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.12%

Purchase Details

Closed on
Jan 16, 2007
Sold by
Robinson George Charles and Robinson Frances E
Bought by
Eckes Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Interest Rate
6.07%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Bunch Gretchen M $43,000 None Available
Sandbar Realty & Contruction Inc $22,500 None Available
Semenoff Nicolos B $20,000 None Available
Eckes Debra A $103,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eckes Debra A $92,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2020 08/06/20 Sold $43,000 -4.2% --
07/14/2020 07/14/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $44,900 +124.5% --
06/08/2018 06/08/18 Sold $20,000 -18.4% -- View Prior Sale
05/10/2018 05/10/18 Pending -- -- --
01/10/2018 01/10/18 Price Changed $24,500 -16.9% --
10/25/2017 10/25/17 Price Changed $29,500 -26.1% --
09/05/2017 09/05/17 For Sale $39,900 -- --
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 $234 $37,700 $37,700 $0
2024 $234 $37,700 $37,700 $0
2023 $234 $37,700 $37,700 $0
2022 $173 $37,700 $37,700 $0
2021 $173 $47,300 $47,300 $0
2020 $227 $47,300 $47,300 $0
2019 $227 $47,300 $47,300 $0
2018 $0 $47,300 $47,300 $0
2017 $227 $47,300 $47,300 $0
2016 $227 $47,300 $47,300 $0
2015 $227 $47,300 $47,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108974

Outer Banks Association of REALTORS®

APN: 101A-000-0058-0002