NOT LISTED FOR SALE

874 Shoreside Ct Corolla, NC 27927

Estimated Value: $275,000 - $1,022,756

0.28 Acre
$2,509,604 Price per Acre
12,197 Sq Ft Lot

Last Sold November 12, 2021

Last sale price $200,000

Est. 251% increase in value since last sale

Current estimated payment $3,853/month

4 Days on Market

Highlights

  • Views of a Sound
  • Home fronts a sound
  • Community Pool
  • Health Club
  • Clubhouse
  • Tennis Courts

About This Lot

As of November 2021

Those mesmerizing Corolla sunsets will be forever yours once you build your coastal seaside cottage on this spacious and gorgeous sound front lot in Monteray Shores. And although being sold separately, there's a top-notch custom home (same owners) right next door... already built, gorgeous and move-in ready! Check out MLS# 116056. Tucked into a cul-de-sac amongst mature native trees, this lot offers the best of all worlds, privacy, salt marshes, the Currituck Sound, and the Atlantic Ocean, all at your fingertips. Community amenities are generous with offerings such as a community pool, fitness center, tennis and basketball courts, playground, sound access, boat ramp, pier and walking/bike trails. Come experience OBX beach living at its finest!

Last Agent to Sell the Property

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 09/09/2021

Keller Williams - Outer Banks

Co-Listed By

Amber Bodner Griffith

Keller Williams - Outer Banks License #222568

Last Buyer's Agent

Michael Davenport

Sun Realty - KDH License #82882

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $954

Lot Details

  • 0.28 Acre Lot
  • Home fronts a sound
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $93 Monthly HOA Fees

Property Views

  • Views of a Sound

Utilities

  • Municipal Utilities District Water
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, tennis courts
  • Desiree Anderson Association, Phone Number (252) 500-0100
  • Monteray Shores Subdivision

Amenities

  • Clubhouse

Recreation

  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$954

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: X
  • Subdivision Name: Monteray Shores
  • L V T Date: 09/09/2021
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 166
  • 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

  • View: Sound, Salt Marsh

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Health Club, Outdoor-Comm. Tennis, Outdoor-Comm. Pool, Playground, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 1110
  • Hoa Contact: Desiree Anderson
  • HOA Contact: (252)500-0100
  • Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Tennis Courts

Lot Info

  • Estimated Lot Sq Ft: 12200
  • Lot Description: Cul-de-sac, Level, Water Frontage
  • Lot Faces: East
  • Lot Size: Irregular
  • Estimated Lot Size: 0.28
  • Deed Book: 1428
  • Unit/Lot Number: Lot 42

Tax Info

  • Year: 2020
  • Taxes: 954

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2017
Closed on
Dec 8, 2017
Sold by
Newman Brian K and Newman Elizabeth D
Bought by
Besch George A and Besch Carey
Seller's Agent
Jim Barnett
Barnett OBX Real Estate
Buyer's Agent
Sarah Spencer
Keller Williams - Outer Banks
List Price
$177,000
Sold Price
$160,000
Premium/Discount to List
-$17,000
-9.6%
Current Estimated Value
$702,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,238
Avg. Annual Appreciation
20.04%
Original Mortgage
$120,000
Outstanding Balance
$100,555
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$602,134

Purchase Details

Closed on
Sep 29, 1988
Bought by
Newman Brian K
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
Besch George A $160,000 None Available
Newman Brian K $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Besch George A $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2021 11/12/21 Sold $200,000 0.0% --
09/13/2021 09/13/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $200,000 +25.0% --
12/11/2017 12/11/17 Sold $160,000 -9.6% -- View Prior Sale
09/25/2017 09/25/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $177,000 0.0% --
03/23/2017 03/23/17 For Sale $177,000 -- --
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 $1,050 $150,000 $150,000 $0
2024 $1,050 $150,000 $150,000 $0
2023 $1,050 $150,000 $150,000 $0
2022 $765 $150,000 $150,000 $0
2021 $765 $180,000 $180,000 $0
2020 $954 $180,000 $180,000 $0
2019 $954 $180,000 $180,000 $0
2018 $954 $180,000 $180,000 $0
2017 $864 $180,000 $180,000 $0
2016 $864 $180,000 $180,000 $0
2015 -- $180,000 $180,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116057

Outer Banks Association of REALTORS®

APN: 115C-000-0042-0000