NOT LISTED FOR SALE

815 Ocean Trail Unit 815A Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $928,738

-- Bed
-- Bath
-- Sq Ft
1,451 Sq Ft Lot

Last Sold December 16, 2016

Last sale price $330,000

Est. 181% increase in value since last sale

Current estimated payment $5,171/month

24 Days on Market

About This Home

As of December 2016

Excellent opportunity to own commercial space in one of the busiest shopping areas in Corolla. Unit is located on front of building a few doors from Food Lion. Excellent exposure from the parking lot. Current tenant is leaving at the end of the year.

Last Agent to Sell the Property

Daphne Degabrielle

Outer Banks Realty Group License #136949 Listed on: 09/25/2016

Last Buyer's Agent

Daniel Martier

Ford Luxury Properties, LLC License #212645

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $981

Year Built

  • Built in 2001

Lot Details

  • 1,451

Parking

  • Parking Lot

Home Design

  • Slab Foundation

Utilities

  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Additional Features

  • Carpet
  • 1,451 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for association fees, electric, maintenance, septic/sewer, taxes

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$981

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: COMMERCIAL/INDUSTRIAL
  • Subdivision Name: Monteray Plaza
  • Headline: Commercial Investment
  • L V T Date: 09/25/2016
  • Sale/Rent: For Sale
  • Zoning: Commercial
  • Current Use: Retail Operation
  • Property Features: Doors <10', Dumpster
  • Additional Showing Info: Store is open 10-4. Please set up an appt. prior to showing.
  • Deed Book Pg Number: 480
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation: Slab
  • Insulation: Yes
  • Floor Covering: Carpet

Exterior Features

  • Construction: Block

Garage/Parking

  • Garage Details: Parking Lot

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal Water

Lot Info

  • Estimated Lot Sq Ft: 1451
  • Deed Book: 878
  • Unit/Lot Number: Unit 815A

Rental Info

  • Gross Income Range: $30,001 - $60,000
  • Tenant Pays: Association Fees, Electric, Maintenance, Septic/Sewer, Taxes

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2016
  • Taxes: 980.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2023
Sold by
Luckys Pizza & Sub House Llc
Bought by
Vikings Ventures Llc
Current Estimated Value
$928,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$460,879
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$467,859

Purchase Details

Listed on
Sep 25, 2016
Closed on
Dec 15, 2016
Sold by
Good Steward Properties Llc
Bought by
Luckys Pizza & Sub House Llc
Seller's Agent
Daphne Degabrielle
Outer Banks Realty Group
Buyer's Agent
Daniel Martier
Ford Luxury Properties, LLC
List Price
$339,000
Sold Price
$330,000
Premium/Discount to List
-$9,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%

Purchase Details

Closed on
Jun 23, 2005
Sold by
Beach Mari Iv Llc
Bought by
Good Steward Properties Llc Ocean Trl
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
Vikings Ventures Llc -- None Listed On Document
Vikings Ventures Llc $992,500 None Listed On Document
Luckys Pizza & Sub House Llc $330,000 Attorney
Good Steward Properties Llc Ocean Trl $392,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vikings Ventures Llc $600,000
Closed Vikings Ventures Llc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2016 12/16/16 Sold $330,000 -2.7% --
10/19/2016 10/19/16 Pending -- -- --
09/25/2016 09/25/16 For Sale $339,000 -- --
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 $1,798 $213,000 $32,500 $180,500
2023 $1,798 $213,000 $32,500 $180,500
2022 $1,271 $213,000 $32,500 $180,500
2021 $1,254 $204,300 $32,500 $171,800
2020 $1,242 $204,300 $32,500 $171,800
2019 $1,227 $204,300 $32,500 $171,800
2018 $1,214 $204,300 $32,500 $171,800
2017 $981 $204,300 $32,500 $171,800
2016 $981 $204,300 $32,500 $171,800
2015 -- $204,300 $32,500 $171,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 93886

Outer Banks Association of REALTORS®

APN: 116H-000-815A-0000