NOT LISTED FOR SALE

Estimated Value: $90,000 - $270,000

0.19 Acre
$976,095 Price per Acre
8,432 Sq Ft Lot

Last Sold December 11, 2023

Last sale price $130,000

Est. 43% increase in value since last sale

Current estimated payment $1,191/month

7 Days on Market

Highlights

  • Boat Dock
  • Clubhouse
  • Community Pool
  • Health Club
  • Wooded Lot
  • Cul-De-Sac

About This Lot

As of December 2023

Fantastic building lot on a private Cul-De-Sac in beautiful Monteray Shores. This little secluded Cul-De-Sac has only 8 lots on it and three of those homes are gorgeous sound front properties. This is a fairly high elevation street. A beautifully wooded lot ready for you to build your dream home. The street side of the lot being that is located on a Cul-de-Sac is concave, so it does not have an exact straight-line dimension. Courthouse Retrieval System page shows the dimensions as 37 and 35 as the street frontage length. Elsewhere it shows 72 X 130 x 65 x 118. That is 8,432 sq. feet. This homesite provides serenity and plenty of privacy, yet very close proximity to the ocean and sound. Enjoy all of the amenities of Monteray Shores: Community swimming pool, kiddie pool, clubhouse, fitness center, tennis courts, community pier & sound overlook, sound access, playground!! And you are right in the heart of Corolla. You're just a short walk away from Timbuck II Shopping Center for plenty of shopping and dining! Even more shops, restaurants and grocery across the street from Timbuck II. You can also enjoy The Currituck Lighthouse, Whalehead Club and plenty of other activities. What a great location. There is a $95.00 New Buyer Transfer Fee to Association Consultants LLC at closing. Cost to complete a HOA Certification Form is $50.00. Annual Association Dues are $1,474.

Last Agent to Sell the Property

Michael Ross

Southern Shores Realty License #105889 Listed on: 10/16/2023

Last Buyer's Agent

Matt Myatt

Keller Williams - Outer Banks License #218707

Keller Williams - Outer Banks

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $372

Lot Details

  • 8,432 Sq Ft Lot
  • Cul-De-Sac
  • Wooded Lot
  • Property is zoned SFO

HOA Fees

  • $123 Monthly HOA Fees

Utilities

  • Municipal Utilities District Water

Community Details

Overview

  • Association fees include common electric, grounds maintenance, management, pool
  • Association Consultants Llc Association, Phone Number (252) 500-0100
  • Monteray Shores Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Dock
  • Health Club
  • Community Playground
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$372

Lot Details

0

HOA Fees

$123 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Go north on 12 just past the commercial area of Corolla. Turn left beside the Ace Hardware onto Monteray Drive. Second left turn on Azure Court. Lot is on the left.
  • Headline: Monteray Shores Cul De Sac Lot
  • L V T Date: 10/18/2023
  • Roads: Paved
  • Sale/Rent: For Sale
  • Zoning: SFO
  • Deed Book Pg Number: 273
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C10210
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 37

Utilities

  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Boat Ramp, Clubhouse, Health Club, Outdoor-Comm. Pool, Outdoor-off Site Pool, Playground, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 1474
  • Hoa Contact: Association Consultants LLC
  • HOA Contact: 252-500-0100
  • Fee Includes: Common Electric, Grounds Maintenance, Management, Pool

Lot Info

  • Estimated Lot Sq Ft: 8432
  • Lot Description: Cul-de-sac, Wooded
  • Lot Faces: 72X130X65X118
  • Estimated Lot Size: 0.19
  • Deed Book: 716
  • Unit/Lot Number: Lot 211

Tax Info

  • Year: 2023
  • Taxes: 372

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Oct 26, 2023
Sold by
Madan Rakesh and Madan Emily
Bought by
Ross Donald and Ross Gabrielle
Seller's Agent
Michael Ross
Southern Shores Realty
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%
Views
2
Current Estimated Value
$185,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,458
Avg. Annual Appreciation
26.33%

Purchase Details

Closed on
Sep 29, 2003
Bought by
Madan Rakesh and Madan Emily
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
Ross Donald $130,000 None Listed On Document
Madan Rakesh $92,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 Sold $130,000 -7.1% --
10/23/2023 10/23/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $139,900 -- --
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 $420 $60,000 $60,000 $0
2023 $420 $60,000 $60,000 $0
2022 $306 $60,000 $60,000 $0
2021 $306 $52,000 $52,000 $0
2020 $276 $52,000 $52,000 $0
2019 $276 $52,000 $52,000 $0
2018 $276 $52,000 $52,000 $0
2017 $250 $52,000 $52,000 $0
2016 $250 $52,000 $52,000 $0
2015 $250 $52,000 $52,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 123706

Outer Banks Association of REALTORS®

APN: 115C-000-0211-0000