NOT LISTED FOR SALE

Estimated Value: $290,000 - $577,000

0.15 Acre
$3,146,667 Price per Acre
6,700 Sq Ft Lot

Last Sold February 28, 2020

Last sale price $75,000

Est. 529% increase in value since last sale

Current estimated payment $2,917/month

283 Days on Market

Highlights

  • Community Beach Access
  • Park or Greenbelt View
  • Cul-De-Sac
  • Wooded Lot

About This Lot

As of February 2020

If you are looking for a lot to build your beach home that offers privacy, a shaded pathway to the beach, a 100 foot open space that is unbuildable on the back of the lot, quiet cul-de-sac plus amenities that come with the Ocean Sands community(section I)nearby stores and restaurants in Corolla-AND priced below assessment...look no further...Be sure to watch the virtual tour!

Last Agent to Sell the Property

Jane Plante

Coldwell Banker Seaside Realty - KDH License #286312 Listed on: 03/09/2019

Coldwell Banker Seaside Realty - KDH

Last Buyer's Agent

Sean DeFeo

Corolla Beach Realty License #283932

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $840

Lot Details

  • 6,700 Sq Ft Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Lot includes common area
  • Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Additional Features

  • Park or Greenbelt Views
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Block I

Community Details

Overview

  • Association fees include common electric, common insurance, management, road maintenance, tennis courts, walkways
  • Bob Defazio Association
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$840

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Heading North on Rt. 12 turn right on Sea Bird,right on Cormorant,immediate left onto Willet Court. Lot at right at end of cul-de-sac.
  • Flood Zone: AE
  • Headline: Reduced 35K Below Assessment!!
  • L V T Date: 03/09/2019
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Section: I
  • Waterfront Location: More than 5th row
  • Zoning: res
  • Deed Book Pg Number: 896
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Park Serv./Preserve

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Outdoor-off Site Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 500
  • Hoa Contact: Bob DeFazio
  • Fee Includes: Common Electric, Common Insurance, Management, Road Maintenance, Tennis Courts, Walkways

Lot Info

  • Estimated Lot Sq Ft: 6700
  • Lot Description: Adj. To Common Area, Cul-de-sac, Wooded
  • Lot Faces: E
  • Estimated Lot Size: 0.15
  • Deed Book: 237
  • Unit/Lot Number: Lot 49

Tax Info

  • Year: 2018
  • Taxes: 840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2019
Closed on
Feb 25, 2020
Sold by
Rapoport Steve M and Rapoport Troy S
Bought by
Troxler Sean E
Seller's Agent
Jane Plante
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Sean DeFeo
Corolla Beach Realty
List Price
$94,500
Sold Price
$75,000
Premium/Discount to List
-$19,500
-20.63%
Current Estimated Value
$472,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,000
Avg. Annual Appreciation
43.28%
Original Mortgage
$218,184
Outstanding Balance
$196,238
Interest Rate
3.6%
Mortgage Type
Construction
Estimated Equity
$310,095

Purchase Details

Closed on
Feb 26, 1988
Bought by
Rapoport Steve M
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
Troxler Sean E $75,000 None Available
Rapoport Steve M $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Troxler Sean E $218,184
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $75,000 -11.8% --
12/17/2019 12/17/19 Pending -- -- --
08/24/2019 08/24/19 Price Changed $85,000 -5.5% --
05/18/2019 05/18/19 Price Changed $89,900 -4.9% --
03/17/2019 03/17/19 For Sale $94,500 0.0% --
03/12/2019 03/12/19 Pending -- -- --
03/09/2019 03/09/19 For Sale $94,500 -- --
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 $2,952 $232,200 $75,000 $157,200
2023 $2,952 $232,200 $75,000 $157,200
2022 $2,268 $232,200 $75,000 $157,200
2021 $1,439 $120,000 $120,000 $0
2020 $828 $120,000 $120,000 $0
2019 $828 $120,000 $120,000 $0
2018 $840 $120,000 $120,000 $0
2017 $780 $120,000 $120,000 $0
2016 $696 $120,000 $120,000 $0
2015 $636 $120,000 $120,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 104079

Outer Banks Association of REALTORS®

APN: 126A-000-0049-000I