Seller's Agent in 2020
Sarah Spencer
Keller Williams - Outer Banks
(252) 202-3357
94 in this area
294 Total Sales
862 Drifting Sands Dr Corolla, NC 27927
Estimated Value: $292,458 - $455,000
0.27
Acre
$1,284,515
Price per Acre
11,761
Sq Ft Lot
Highlights
- 73 Feet of Waterfront
- Boat Dock
- Clubhouse
- Views of a Sound
- Health Club
- Community Pool
About This Lot
As of October 2020SOUND FRONT FOR UNDER $100k!!!! Looking for the perfect place to build your dream home? If your wish list includes incredible views of the sound, ACCESS to the sound from your lot, a pier, and community association with sought-after amenities, you've found it. With more than 11,000 square feet, you'll have plenty of privacy. The owner joined with two neighbors in constructing a pier, so you'll have immediate water access at a third of the price! An Ownership and Maintenance Agreement is already in place. Wetlands on a portion of this lot would need to be filled in order to build a five-bedroom home and pool. Seller investigated in 2010. Approval was given. Total cost for Quible work and compensatory wetland mitigation was around $7382. Call for details and documents.
Last Agent to Sell the Property
Keller Williams - Outer Banks License #185795 Listed on: 10/09/2019
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,049
Lot Details
- 0.27 Acre Lot
- Lot Dimensions are 158 x 63
- 73 Feet of Waterfront
- Home fronts a sound
- Lot includes common area
HOA Fees
- $82 Monthly HOA Fees
Utilities
- Municipal Utilities District Water
- Community Sewer or Septic
Additional Features
- Views of a Sound
- Timber
Community Details
Overview
- Association fees include building maintenance, common electric, common insurance, grounds maintenance, management, pool, road maintenance, tennis courts, walkways
- Monteray Shores Subdivision
Amenities
- Common Area
- Clubhouse
Recreation
- Boat Dock
- Health Club
- Tennis Courts
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 9, 2019
Closed on
Oct 27, 2020
Sold by
Case Stephen C and Case Laurie A
Bought by
Mcgovern Andrea B and Anderson Zachary A
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Anna Sadler
Atlantic Realty
List Price
$99,000
Sold Price
$85,000
Premium/Discount to List
-$14,000
-14.14%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,188
Avg. Annual Appreciation
30.98%
Original Mortgage
$59,500
Outstanding Balance
$52,583
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$294,236
Purchase Details
Closed on
May 25, 2005
Sold by
Spagnolo Joseph D and Spagnolo Mary Jane
Bought by
Case Stephen C and Case Laurie A
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcgovern Andrea B | $85,000 | None Available | |
| Case Stephen C | $395,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcgovern Andrea B | $59,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2020 10/30/20 | Sold | $85,000 | -14.1% | -- |
| 08/23/2020 08/23/20 | Pending | -- | -- | -- |
| 06/01/2020 06/01/20 | For Sale | $99,000 | +16.5% | -- |
| 06/01/2020 06/01/20 | Off Market | $85,000 | -- | -- |
| 02/02/2020 02/02/20 | For Sale | $99,000 | +16.5% | -- |
| 02/01/2020 02/01/20 | Off Market | $85,000 | -- | -- |
| 10/09/2019 10/09/19 | For Sale | $99,000 | -- | -- |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $721 | $103,000 | $84,000 | $19,000 |
| 2024 | $721 | $103,000 | $84,000 | $19,000 |
| 2023 | $639 | $103,000 | $84,000 | $19,000 |
| 2022 | $525 | $103,000 | $84,000 | $19,000 |
| 2021 | $525 | $197,900 | $180,000 | $17,900 |
| 2020 | $1,049 | $197,900 | $180,000 | $17,900 |
| 2019 | $1,049 | $197,900 | $180,000 | $17,900 |
| 2018 | $0 | $197,900 | $180,000 | $17,900 |
| 2017 | $950 | $197,900 | $180,000 | $17,900 |
| 2016 | $950 | $197,900 | $180,000 | $17,900 |
| 2015 | -- | $197,900 | $180,000 | $17,900 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Spencer
-
Anna Sadler
Buyer's Agent in 2020
Anna Sadler
Atlantic Realty
(252) 202-5264
1 in this area
18 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 106877
APN: 115C-000-0233-0000
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