NOT LISTED FOR SALE

849 Seadrift Ct Corolla, NC 27927

Estimated Value: $646,500 - $744,000

0.19 Acre
$3,649,342 Price per Acre
8,276 Sq Ft Lot

Last Sold August 18, 2022

Last sale price $110,750

Est. 526% increase in value since last sale

Current estimated payment $4,016/month

86 Days on Market

Highlights

  • Boat Dock
  • Community Pool
  • Timber
  • Clubhouse
  • Tennis Courts
  • Level Lot

About This Lot

As of August 2022

Monterey Shores undeveloped lot tucked in on a private cul-de-sac. This site awaits a beautiful design for a beach getaway between the Atlantic Ocean and the Currituck Sound. Community offers great amenities including clubhouse, outdoor pool, outdoor tennis and sound access. Enjoy a boat ride or a sail on a Hobie Cat in the shallow waters on the sound. Great sidewalk to ride your bicycles or walk to the small village of Corolla. Easy access to local markets, grocery stores and retail shops.

Last Agent to Sell the Property

Kathy Sawyer

Village Realty Holdings, LLC - License #88741 Listed on: 05/02/2022

Co-Listed By

Sam Nicholson

Village Realty Holdings, LLC - License #328452

Last Buyer's Agent

Raju Uppalapati

Outer Banks Realty Group License #187530

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $255

Lot Details

HOA Fees

  • $123 Monthly HOA Fees

Utilities

  • Municipal Utilities District Water
  • Community Sewer or Septic

Additional Features

  • Level Lot
  • Timber

Community Details

Overview

  • Associations Consultant Association, Phone Number (252) 500-0100
  • Monteray Shores Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$255

Lot Details

0

HOA Fees

$123 per month

Listing Details

  • Class: LOTS/LAND
  • Headline: Monterey Shores Vacant Lot
  • L V T Date: 05/02/2022
  • Sale/Rent: For Sale
  • Zoning: res
  • Timber: Light
  • Deed Book Pg Number: 707
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26996
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Boat Ramp, Boat Dock, Clubhouse, Outdoor-Comm. Tennis, Outdoor-Comm. Pool, Sound Access
  • Estimated Annual Fee: 1474
  • Hoa Contact: Associations Consultant
  • HOA Contact: Lynsey Cochran252-5000100

Lot Info

  • Lot Description: Level
  • Lot Faces: S
  • Deed Book: 629
  • Unit/Lot Number: Lot 307

Tax Info

  • Year: 2021
  • Taxes: 255

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2023
Sold by
Homes By Eillu Llc
Bought by
Malast William Daniel and Malast Morgan Brittany
Current Estimated Value
$693,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,920
Outstanding Balance
$566,429
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$126,946

Purchase Details

Listed on
May 2, 2022
Closed on
Aug 10, 2022
Sold by
White Samuel C
Bought by
Homes By Eillu Llc
Seller's Agent
Kathy Sawyer
Village Realty Holdings, LLC -
Buyer's Agent
Raju Uppalapati
Outer Banks Realty Group
List Price
$124,500
Sold Price
$110,750
Premium/Discount to List
-$13,750
-11.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.06%

Purchase Details

Closed on
Nov 22, 2002
Bought by
White Samuel C and White Patricia P
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
Malast William Daniel $4,379,500 None Listed On Document
Homes By Eillu Llc $554,000 Hornthal Riley Ellis & Maland
White Samuel C $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malast William Daniel $583,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2022 08/18/22 Sold $110,750 -11.0% --
07/27/2022 07/27/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $124,500 -- --
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 $3,208 $371,600 $50,000 $321,600
2024 $3,208 $371,600 $50,000 $321,600
2023 $3,181 $50,000 $50,000 $0
2022 $255 $50,000 $50,000 $0
2021 $255 $70,000 $70,000 $0
2020 $371 $70,000 $70,000 $0
2019 $371 $70,000 $70,000 $0
2018 $0 $70,000 $70,000 $0
2017 $336 $70,000 $70,000 $0
2016 $336 $70,000 $70,000 $0
2015 -- $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 118691

Outer Banks Association of REALTORS®

APN: 115C-000-0307-0000