Seller's Agent in 2021
Mark Massey
Outer Banks Realty Group
(252) 202-4335
18 in this area
68 Total Sales
804 Ocean Trail Corolla, NC 27927
Estimated Value: $426,972
0.44
Acre
$970,391
Price per Acre
19,166
Sq Ft Lot
About This Lot
As of December 2021Rare, PRIME COMMERCIAL PROPERTY in Corolla. High exposure location, with 276' road frontage right on Ocean Trail, with the heaviest vehicle, foot, and bike traffic around! Corolla vacation occupancy is sky high and year round population growing faster than ever. Excellent location for Retail, Office, Food Service business, maybe Drive Thru services. Drive thru, bike thru, walk up food service would be great in this location. Centrally located in the heart of Corolla, by TimBuck II Shopping Center, Monteray Plaza, and others. The Corolla vacation season is extending and extending each year, and the year-round population of Corolla is increasing rapidly. 19,378sf parcel (survey and plat maps in associated documents), preferred elevated X Flood Zone location, with many improvement options. Buyer to investigate; but County indicates a high 65% allowable lot coverage. Existing modest Coffee Business Structure on the property; no value, warranties, or guarantees placed on those improvements, to be removed by buyer after closing if desired. Call Agent with questions.
Last Agent to Sell the Property
Outer Banks Realty Group License #188389 Listed on: 11/11/2021
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,909
Lot Details
- 0.44 Acre Lot
- Property is zoned Commercial
Property Views
- Views of a Sound
- Pond Views
Utilities
- Municipal Utilities District for Water and Sewer
Community Details
- Timbuck Ii Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 11, 2021
Closed on
Dec 9, 2021
Sold by
Prk Land Company Llc
Bought by
Golasa Holdings Llc
Seller's Agent
Mark Massey
Outer Banks Realty Group
Buyer's Agent
Mark Massey
Outer Banks Realty Group
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,972
Avg. Annual Appreciation
5.04%
Purchase Details
Closed on
Oct 20, 2010
Sold by
Waugaman Edward
Bought by
Prk Land Company Llc
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Golasa Holdings Llc | $350,000 | None Available | |
| Prk Land Company Llc | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/10/2021 12/10/21 | Sold | $350,000 | -12.3% | -- |
| 11/23/2021 11/23/21 | Pending | -- | -- | -- |
| 11/11/2021 11/11/21 | For Sale | $399,000 | -- | -- |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $2,621 | $374,400 | $359,400 | $15,000 |
| 2024 | $2,621 | $374,400 | $359,400 | $15,000 |
| 2023 | $2,621 | $374,400 | $359,400 | $15,000 |
| 2022 | $1,909 | $374,400 | $359,400 | $15,000 |
| 2021 | $1,909 | $301,400 | $287,500 | $13,900 |
| 2020 | $1,597 | $301,400 | $287,500 | $13,900 |
| 2019 | $1,597 | $301,400 | $287,500 | $13,900 |
| 2018 | $1,597 | $301,400 | $287,500 | $13,900 |
| 2017 | $1,447 | $287,500 | $287,500 | $0 |
| 2016 | $1,380 | $287,500 | $287,500 | $0 |
| 2015 | $1,380 | $287,500 | $287,500 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Massey
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 116764
APN: 116D-000-003B-0000
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