NOT LISTED FOR SALE

843 Monteray Dr Corolla, NC 27927

Estimated Value: $1,075,123 - $1,197,000

0.22 Acre
$5,225,141 Price per Acre
9,707 Sq Ft Lot

Last Sold October 08, 2021

Last sale price $130,000

Est. 784% increase in value since last sale

Current estimated payment $6,526/month

18 Days on Market

Highlights

  • Community Beach Access
  • Boat Dock
  • Clubhouse
  • Views of a Sound
  • Health Club
  • Wooded Lot

About This Lot

As of October 2021

Build your custom dream home on an X-flood zone lot in the desirable community of Monteray Shores. Enjoy all the amenities this community has- clubhouse, pool, fitness center, tennis and more. This elevated lot should provide great sound views from a multi-story home. Convenient to the beach and all the great shopping, restaurants and attractions of the northern beaches.

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 07/22/2021

Keller Williams - Outer Banks

Co-Listed By

Terry Blocher

Keller Williams - Outer Banks License #271673

Last Buyer's Agent

Robert Godley

Kitty Hawk Land Company License #185619

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $344

Lot Details

  • 9,707 Sq Ft Lot
  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $93 Monthly HOA Fees

Additional Features

  • Views of a Sound
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, pool, tennis courts, walkways
  • Bob Scott Association, Phone Number (252) 453-4945
  • Monteray Shores Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Community Beach Access
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$344

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Ocean Trail north to left onto Monteray Dr (at Ace Hardware), property is on the right just past Azure Court.
  • Flood Zone: X
  • Subdivision Name: Monteray Shores PUD
  • Headline: Monteray Shores Lot!
  • L V T Date: 07/22/2021
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Zoning: res
  • Deed Book Pg Number: 738
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 90
  • View: Sound

Utilities

  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Boat Ramp, Clubhouse, Health Club, Ocean Access, Outdoor-Comm. Tennis, Outdoor-Comm. Pool, Park, Playground, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 1110
  • Hoa Contact: Bob Scott
  • HOA Contact: 252-453-4945
  • Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Tennis Courts, Walkways

Lot Info

  • Estimated Lot Sq Ft: 9707
  • Lot Description: Wooded
  • Lot Faces: W
  • Estimated Lot Size: 0.22
  • Deed Book: 1061
  • Unit/Lot Number: Lot #317

Tax Info

  • Year: 2020
  • Taxes: 344

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Oct 4, 2021
Sold by
Fleming Phillip and Fleming Susan
Bought by
Cbic Llc
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Robert Godley
Kitty Hawk Land Company
List Price
$138,900
Sold Price
$130,000
Premium/Discount to List
-$8,900
-6.41%
Current Estimated Value
$1,149,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,019,531
Avg. Annual Appreciation
66.60%
Original Mortgage
$528,750
Outstanding Balance
$480,073
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$669,458

Purchase Details

Listed on
Jul 22, 2021
Closed on
Sep 20, 2021
Sold by
Fleming Phillip and Fleming Susan
Bought by
Cbic Llc
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Robert Godley
Kitty Hawk Land Company
List Price
$138,900
Sold Price
$130,000
Premium/Discount to List
-$8,900
-6.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,750
Outstanding Balance
$480,073
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$669,458

Purchase Details

Closed on
Sep 3, 2008
Sold by
Kirchner Harry B and Kirchner Donna W
Bought by
Fleming Phillip and Fleming Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.49%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Cbic Llc $130,000 None Available
Cbic Llc $130,000 Sharp Starkey
Fleming Phillip $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cbic Llc $528,750
Open Cbic Llc $528,751,100
Previous Owner Fleming Phillip $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $130,000 -6.4% --
08/09/2021 08/09/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $138,900 -- --
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
2025 $5,059 $625,200 $55,000 $570,200
2024 $5,059 $625,200 $55,000 $570,200
2023 $1,676 $625,200 $55,000 $570,200
2022 $1,443 $197,500 $55,000 $142,500
2021 $281 $65,000 $65,000 $0
2020 $345 $65,000 $65,000 $0
2019 $345 $65,000 $65,000 $0
2018 $345 $65,000 $65,000 $0
2017 $312 $65,000 $65,000 $0
2016 $312 $65,000 $65,000 $0
2015 $312 $65,000 $65,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Myatt

    Seller's Agent in 2021

    Matt Myatt

    Keller Williams - Outer Banks

    (252) 207-6588

    158 in this area

    359 Total Sales

    Matt Myatt
    Section Image

  • T

    Seller Co-Listing Agent in 2021

    Terry Blocher

    Keller Williams - Outer Banks

    (252) 457-1906

    120 in this area

    211 Total Sales

    Terry Blocher
    Section Image

  • R

    Buyer's Agent in 2021

    Robert Godley

    Kitty Hawk Land Company

    (252) 207-4894

    61 in this area

    79 Total Sales

    Robert Godley
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115343

Outer Banks Association of REALTORS®

APN: 115C-000-0317-0000

North Carolina Currituck County Corolla 27927

843 Monteray Dr, Corolla, NC

Not Listed for Sale

Lots

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