NOT LISTED FOR SALE

825 Grebe Point Corolla, NC 27927

Estimated Value: $259,000 - $576,000

2 Beds
3 Baths
1,155 Sq Ft
$370/Sq Ft Est. Value

Last Sold July 12, 2016

Last sale price $120,000 $104 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $2,382/month

202 Days on Market

Highlights

  • Home fronts a canal
  • Wood Burning Stove
  • Loft
  • Coastal Architecture
  • Cathedral Ceiling
  • Skylights

About This Home

As of July 2016

Canal front living. Yes, the house needs work, but at this price, you can fancy it up or keep it simple. Has a pier to walk out and fish off of, or tie up your boat. Watch the horses, and inhale that salt air. This is true Carova living. Call and see it today, or kick yourself tomorrow for passing this up. Most likely take a cash buyer. The loft of this home can be used as a second bedroom with a view of the water.

Last Agent to Sell the Property

Wayne Strickland

Stellar Properties License #190095 Listed on: 11/03/2015

Co-Listed By

Laura Strickland

Stellar Properties License #264696

Last Buyer's Agent

Wayne Strickland

Stellar Properties License #190095 Listed on: 11/03/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,105

Year Built

  • Built in 1981

Lot Details

  • 0.32 Acre Lot
  • Home fronts a canal
  • Level Lot
  • Unpaved Streets

Parking

  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Siding
  • Piling Construction

Interior Spaces

  • 1,155 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Stove
  • Loft
  • Canal Views
  • Laminate Countertops
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Sun Deck

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Well
  • Private or Community Septic Tank

Community Details

  • Carova Beach Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot lot # 49

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,105

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Bank Owned: Yes
  • Directions: N on beach-take ramp at MP21-R on Ocean Pearl-L on Mallard to Dolphin, R on Grebe, House last on R
  • Extras: Sun Deck
  • Headline: Expansive Canal Views
  • Heated Sq Ft: 1155
  • Roads: Public, Unpaved
  • Sale/Rent: For Sale
  • Section: 8
  • Waterfront Location: Canalfront
  • Zoning: Residentia
  • Deed Book Pg Number: 453
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Skylight, Washer Connection, Wood Stove
  • Optional Rooms: Loft

Exterior Features

  • Construction: Frame
  • Exterior: Sheet Siding
  • Roof: Asphalt/Fiber Shingle
  • View: Canal

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling: Central
  • Heating: Geo-Thermal
  • Sewer/Septic System: Private Septic
  • Water: Well

Lot Info

  • Estimated Lot Sq Ft: 14000
  • Lot Description: Level
  • Lot Number: lot # 49
  • Deed Book: 1344

Building Info

  • Year Built: 1981

Tax Info

  • Year: 2015
  • Taxes: 1105.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2016
Sold by
Exum Bruce W and Exum Linda V
Bought by
Carova 2319 2320 Llc
Current Estimated Value
$427,032

Purchase Details

Listed on
Nov 3, 2015
Closed on
Jul 7, 2016
Sold by
Wilmington Trust Company
Bought by
Exum Bruce W
Seller's Agent
Wayne Strickland
Stellar Properties
Buyer's Agent
Wayne Strickland
Stellar Properties
List Price
$159,900
Sold Price
$120,000
Premium/Discount to List
-$39,900
-24.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.31%

Purchase Details

Closed on
Sep 29, 2015
Sold by
Koenig Kathleen M
Bought by
Wilmington Trust Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Carova 2319 2320 Llc -- None Available
Exum Bruce W $120,000 Attorney
Wilmington Trust Company $290,000 Servicelink
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2016 07/12/16 Sold $120,000 -25.0% $104 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
11/03/2015 11/03/15 For Sale $159,900 -- $138 / Sq Ft
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 $1,826 $231,900 $88,000 $143,900
2024 $1,818 $231,900 $88,000 $143,900
2023 $1,662 $231,900 $88,000 $143,900
2022 $1,391 $231,900 $88,000 $143,900
2021 $1,359 $200,200 $77,900 $122,300
2020 $1,165 $200,200 $77,900 $122,300
2019 $1,162 $200,200 $77,900 $122,300
2018 $0 $200,200 $77,900 $122,300
2017 $1,108 $200,200 $77,900 $122,300
2016 $1,108 $200,200 $77,900 $122,300
2015 $1,105 $200,200 $77,900 $122,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 90155

Outer Banks Association of REALTORS®

APN: 087A-000-0049-0008