NOT LISTED FOR SALE

782 Broad St Corolla, NC 27927

Estimated Value: $892,000 - $1,042,000

0.06 Acre
$16,003,550 Price per Acre
2,520 Sq Ft Lot

Last Sold November 06, 2020

Last sale price $109,000

Est. 781% increase in value since last sale

Current estimated payment $5,736/month

11 Days on Market

Highlights

  • Community Beach Access
  • Corner Lot
  • Tennis Courts
  • Gated Community
  • Community Pool

About This Lot

As of November 2020

Wow! This is a Great Affordable Oceanside lot opportunity, within the areas top community of Buck Island, that can accommodate a 4 bedroom home and private pool! This is a Charleston Place Homesite, on a premier corner location, with the ability for private pool if you wish. The corner location allows for open space & light on the deck / pool side & courtyard. Decks and courtyard would be on East side of property, in the sun in the morning and shade in the afternoon. Preferred X Flood Zone property, always high and dry. Several building plans and experienced recommended builders on hand. Building plans already priced and available. Secure lot now, build or hold for future appreciation. Act now and you can have a brand new home ready for summer 2021! Land is scarce on the OBX, an no where more than the prized Buck Island community, as this is the only available homesite on the market. Priced at $41,000 below tax assessment, and with the exclusive nature of this community, you are set for the future. High rental potential, similar 4br CP home with pool averages +$50k per year, and could rent gangbusters in an Airbnb type program. The Charleston Homes are not to big, not to small, easy and enjoyable to own and maintain, especially if they are brand new! Close to community amenities, with just a short sidewalk walk to the beach, with ample community parking at the beach. Or, jump on your private golf cart! Very few communities allow golf carts, Buck Island does! Affordable entry into Corolla's most upscale community, Buck Island. Gated community, with only high quality homes, curbs, sidewalks, tree lined streets, bathhouse at beach, parking at beach, use of golf carts, community pool / tennis / playground, and super wide beach. Also, walk to shops, grocery, restaurants; park the car for the visit and enjoy! A high percentage of second homes and primary residence provides quiet, neighborhood setting. No landscaping needed when you have your home here as community takes care of that. No requirement on when or with whom to build. Take advantage of all the new modern, low maintenance building materials to construct a customized home to your own liking! Free no obligations building consultations are available with experienced builders on hand to help. Truly the best and most unique community on the Outer Banks, never to be reproduced, and positioned to hold it's value and appreciate.

Last Agent to Sell the Property

Mark Massey

Outer Banks Realty Group License #188389 Listed on: 09/25/2020

Last Buyer's Agent

Holly Britt

SAGA Realty and Construction License #200150

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $795

Lot Details

  • 2,520 Sq Ft Lot
  • Property fronts a private road
  • Corner Lot
  • Level Lot
  • Cleared Lot

HOA Fees

  • $223 Monthly HOA Fees

Utilities

  • Municipal Utilities District Water
  • Private Sewer

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, security, tennis courts, walkways
  • Bi Poa, Signature Touch Mgmt Association, Phone Number (252) 441-8857
  • Bi Buck Island Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$795

Lot Details

0

HOA Fees

$223 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Into community, left on Broad St., first corner lot on left.
  • Flood Zone: X
  • Subdivision Name: Charleston Place in Buck Island
  • Headline: X-Zone, Pool, Affordable
  • L V T Date: 09/25/2020
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 0304
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C25379
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Gated Community, Ocean Access, Outdoor-Comm. Tennis, Outdoor-Comm. Pool, Playground, Boardwalk to Beach
  • Association Fee: Yes
  • Estimated Annual Fee: 2680
  • Hoa Contact: BI POA, Signature Touch Mgmt
  • HOA Contact: 252-441-8857
  • Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways

Lot Info

  • Estimated Lot Sq Ft: 2520
  • Lot Description: Corner, Level, Cleared
  • Estimated Lot Size: 0.06
  • Deed Book: 0592
  • Unit/Lot Number: Lot 27

Tax Info

  • Year: 2020
  • Taxes: 795

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Nov 5, 2020
Sold by
Miller James C and Miller Nancy L
Bought by
Sharp Stacy M
Seller's Agent
Mark Massey
Outer Banks Realty Group
Buyer's Agent
Holly Britt
SAGA Realty and Construction
List Price
$109,000
Sold Price
$109,000
Current Estimated Value
$960,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$851,213
Avg. Annual Appreciation
52.83%

Purchase Details

Closed on
Jun 7, 2002
Bought by
Miller James C and Miller Nancy L
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
Sharp Stacy M $109,000 None Available
Sharp Stacy M $109,000 None Available
Miller James C $125,000 --
Miller James C $125,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2020 11/06/20 Sold $109,000 0.0% --
10/06/2020 10/06/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $109,000 -- --
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 $5,788 $757,800 $90,000 $667,800
2024 $5,788 $573,200 $90,000 $483,200
2023 $4,479 $573,200 $90,000 $483,200
2022 $3,359 $573,200 $90,000 $483,200
2021 $459 $150,000 $150,000 $0
2020 $795 $150,000 $150,000 $0
2019 $795 $150,000 $150,000 $0
2018 $793 $150,000 $150,000 $0
2017 $720 $150,000 $150,000 $0
2016 $720 $150,000 $150,000 $0
2015 $720 $150,000 $150,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111174

Outer Banks Association of REALTORS®

APN: 116C-000-0027-0000