NOT LISTED FOR SALE

841 Corolla Dr Corolla, NC 27927

Estimated Value: $285,953 - $712,000

0.46 Acre
$1,036,387 Price per Acre
20,038 Sq Ft Lot

Last Sold September 14, 2023

Last sale price $285,000

Est. 67% increase in value since last sale

Current estimated payment $3,037/month

20 Days on Market

About This Lot

As of September 2023

Come build a new home on this awesome 5th row home site! You have many options for how to develop this property and one good option would be to build “the Albemarle” by Florez and Florez which is a 7 bedroom, 7.1 bath, 3088 s.f. house. This is an attractive vacation rental home which is great for this market and this site! Enjoy the newest finishes and minimal maintenance by building new. See documents for a draft site plan and make this dream come true!

Last Agent to Sell the Property

Gray Berryman

Carolina Designs Realty License #214315 Listed on: 07/11/2023

Last Buyer's Agent

Martha Ann Hathcock

SAGA Realty and Construction License #304716

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,197

Lot Details

  • 0.46 Acre Lot
  • Level Lot
  • Property is zoned SFO

HOA Fees

  • $4 Monthly HOA Fees

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

Overview

  • Whalehead Property Owners Asso Association
  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,197

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: X
  • Headline: Opportunity Awaits!
  • L V T Date: 07/11/2023
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 13
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: SFO
  • Deed Book Pg Number: 71
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C6124
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Boardwalk to Beach
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 45
  • Hoa Contact: Whalehead Property Owners Asso
  • HOA Contact: https://wpoa.org/

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Estimated Lot Size: 0.46
  • Deed Book: 1531
  • Unit/Lot Number: Lot 51

Tax Info

  • Year: 2022
  • Taxes: 1197

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Aug 16, 2023
Sold by
Brown Johanna Paola and Brown Marcelo Gaston
Bought by
Artibani Tara
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Martha Ann Hathcock
SAGA Realty and Construction
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%
Views
27
Current Estimated Value
$476,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,738
Avg. Annual Appreciation
25.31%

Purchase Details

Listed on
Aug 28, 2019
Closed on
Mar 3, 2020
Sold by
Perrotty Craig M and Perrotty Portia Sue
Bought by
Brown Johanna Paola and Brown Marcelo Gaston
Seller's Agent
Scott Wheeler
Celebration Realty
Buyer's Agent
Gray Berryman
Carolina Designs Realty
List Price
$150,000
Sold Price
$100,000
Premium/Discount to List
-$50,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.32%

Purchase Details

Closed on
Aug 19, 2002
Bought by
Perrotty Craig M and Perrotty Portia Sue
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
Artibani Tara $1,425,000 None Listed On Document
Artibani Tara $1,425,000 None Listed On Document
Brown Johanna Paola $100,000 None Available
Perrotty Craig M $123,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/14/2023 09/14/23 Sold $285,000 -5.0% --
07/31/2023 07/31/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $300,000 +200.0% --
04/27/2020 04/27/20 Sold $100,000 -33.3% -- View Prior Sale
01/19/2020 01/19/20 Pending -- -- --
08/28/2019 08/28/19 For Sale $150,000 -- --
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 $6,417 $728,100 $175,000 $553,100
2024 $6,417 $175,000 $175,000 $0
2023 $1,426 $175,000 $175,000 $0
2022 $1,197 $175,000 $175,000 $0
2021 $1,197 $170,000 $170,000 $0
2020 $1,199 $170,000 $170,000 $0
2019 $1,199 $170,000 $170,000 $0
2018 $0 $170,000 $170,000 $0
2017 $1,114 $170,000 $170,000 $0
2016 $1,122 $170,000 $170,000 $0
2015 -- $170,000 $170,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 122759

Outer Banks Association of REALTORS®

APN: 115A-000-0051-0013