NOT LISTED FOR SALE

Estimated Value: $129,993 - $314,000

0.25 Acre
$888,992 Price per Acre
10,890 Sq Ft Lot

Last Sold July 25, 2022

Last sale price $120,000

Est. 85% increase in value since last sale

Current estimated payment $1,335/month

7 Days on Market

Highlights

  • Boat Dock
  • Home fronts a sound
  • Wooded Lot
  • Health Club
  • Clubhouse
  • Community Indoor Pool

About This Lot

As of July 2022

Build your custom dream home on this Monteray Shores semi sound front lot! Conveniently located in an X-flood zone and near all the shopping, restaurants, and attractions of Corolla and the 4-wheel drive area, the home site also enjoys the added benefits of the amenity filled Monterey Shores resort community. The sound front pier, clubhouse and pool are a just short walk away. Residents also have access to amenities such as a health club, tennis courts, and more. Situated on a cul-de-sac, this private, wooded lot could possibly offer sound views from the upper level of a future home. Build a year-round home, beach getaway, or rental investment!

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 06/18/2022

Keller Williams - Outer Banks

Co-Listed By

Terry Blocher

Keller Williams - Outer Banks License #271673

Last Buyer's Agent

Raju Uppalapati

Outer Banks Realty Group License #187530

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $512

Lot Details

  • 0.25 Acre Lot
  • Home fronts a sound
  • Property fronts a private road
  • Cul-De-Sac
  • Lot includes common area
  • Level Lot
  • Wooded Lot
  • Property is zoned SFO

HOA Fees

  • $123 Monthly HOA Fees

Farming

  • Timber

Utilities

  • Municipal Utilities District Water
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, tennis courts, walkways
  • Monteray Shores Pud HOA
  • Monteray Shores Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Dock
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Indoor Pool
  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$512

Lot Details

0

HOA Fees

$123 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Ocean Trail north to left onto Monteray Dr, left onto Drifting Sands Dr, left onto Marsh Landing.
  • Flood Zone: X
  • Headline: Semi Soundfront!
  • L V T Date: 06/18/2022
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Soundfront
  • Zoning: SFO
  • Timber: Light
  • Deed Book Pg Number: 284
  • 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

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Boat Ramp, Clubhouse, Health Club, Indoor Comm. Pool, Indoor Comm. Tennis, Outdoor-Comm. Tennis, Outdoor-Comm. Pool, Park, Playground, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 1474
  • Hoa Contact: Monteray Shores PUD HOA
  • HOA Contact: montereyshoreshoa.org
  • Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Tennis Courts, Walkways

Lot Info

  • Estimated Lot Sq Ft: 10841
  • Lot Description: Adj. To Common Area, Cul-de-sac, Level, Wooded
  • Estimated Lot Size: 0.25
  • Deed Book: 912
  • Unit/Lot Number: Lot #249

Tax Info

  • Year: 2021
  • Taxes: 512

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2022
Closed on
Jul 19, 2022
Sold by
Kolinsky Michael A and Kolinsky Kimberly A
Bought by
Homes By Eillu Llc
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Raju Uppalapati
Outer Banks Realty Group
List Price
$135,000
Sold Price
$120,000
Premium/Discount to List
-$15,000
-11.11%
Current Estimated Value
$222,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,248
Avg. Annual Appreciation
23.68%

Purchase Details

Closed on
Oct 17, 2005
Sold by
Gonzalez Joaquin J and Gonzalez Barabara J
Bought by
Kolinsky Michael and Kolinsky Kmberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Homes By Eillu Llc $720,000 Wheless & Wheless Pllc
Kolinsky Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kolinsky Michael H $232,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $120,000 -11.1% --
06/25/2022 06/25/22 Pending -- -- --
06/18/2022 06/18/22 For Sale $135,000 -- --
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
2024 $385 $55,000 $55,000 $0
2023 $385 $55,000 $55,000 $0
2022 $281 $55,000 $55,000 $0
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

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119348

Outer Banks Association of REALTORS®

APN: 115C-000-0249-0000