$60,000
SOLD FEB 19, 2019
0.27 Acre
$222,222 Price per Acre
11,761 Sq Ft Lot

Recently Sold

24% Below List Price

34 Days on Market

Highlights

  • Health Club
  • Community Pool
  • Level Lot
  • Clubhouse
  • Tennis Courts

About This Lot

As of September 2020

This beautiful lot is located in the highly desired, established neighborhood of Monteray Shores, Corolla. This neighborhood offers community amenities that include: community pool, tennis, sound access and club house with fitness center. This lot is located on the oceanside in X flood zone and it is perfect for your new dream home or vacation rental investment. Monteray Shores is only minutes away from Corolla's historic attractions (including Currituck Beach Lighthouse, U.S. Life - Saving Station and (TheWhalehead Club), shops, restaurants and wild horses. It is an ideal destination for families of all sizes.

Last Agent to Sell the Property

Anna Hunt

Brindley Beach Vacations & Sal License #231616 Listed on: 12/20/2018

Last Buyer's Agent

Raju Uppalapati

Outer Banks Realty Group License #187530

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $371

Lot Details

  • 0.27 Acre Lot
  • Property fronts a private road
  • Level Lot

HOA Fees

  • $82 Monthly HOA Fees

Utilities

  • Private Water Source
  • Municipal Utilities District Sewer

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Property Details

Property Type

Land

Est. Annual Taxes

$371

Lot Details

0

HOA Fees

$82 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Hwy 12 N, right on N Harbor View.
  • Flood Zone: X
  • Subdivision Name: Monteray Shores
  • Headline: GREAT LOT ON THE OCEANSIDE
  • L V T Date: 12/20/2018
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 0155
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C14121
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Boat Dock, Clubhouse, Health Club, Outdoor-Comm. Tennis, Outdoor-Comm. Pool, Playground, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 980
  • Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Tennis Courts

Lot Info

  • Estimated Lot Sq Ft: 11760
  • Lot Description: Level
  • Estimated Lot Size: 0.27
  • Deed Book: 1123
  • Unit/Lot Number: Lot #166

Tax Info

  • Year: 2018
  • Taxes: 371

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2019
Sold by
Homes By Eillu Llc
Bought by
Ray Michael S and Ray Tracie L
Current Estimated Value
$932,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,350
Outstanding Balance
$430,681
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$485,387

Purchase Details

Listed on
Dec 20, 2018
Closed on
Feb 19, 2019
Sold by
Middleton Elizabeth F
Bought by
Homes By Eliliu Llc
Seller's Agent
Anna Hunt
Brindley Beach Vacations & Sal
Buyer's Agent
Raju Uppalapati
Outer Banks Realty Group
List Price
$79,000
Sold Price
$60,000
Premium/Discount to List
-$19,000
-24.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.59%

Purchase Details

Closed on
Apr 21, 2010
Sold by
Middleton Elizabeth F
Bought by
Middleton Elizabeth F and Elizabeth F Middleton Trust
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 Type Sale Price Title Company
Deed $488,000 None Available
Warranty Deed $60,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $484,350 VA
Previous Owner $300,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $626,000 +0.2% $261 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $625,000 +941.7% $260 / Sq Ft
02/19/2019 02/19/19 Sold $60,000 -24.1% --
01/23/2019 01/23/19 Pending -- -- --
12/20/2018 12/20/18 For Sale $79,000 -- --
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 $4,291 $521,000 $60,000 $461,000
2023 $4,291 $521,000 $60,000 $461,000
2022 $3,211 $521,000 $60,000 $461,000
2021 $3,196 $291,400 $70,000 $221,400
2020 $1,814 $291,400 $70,000 $221,400
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: 103015

Outer Banks Association of REALTORS®

APN: 115C-000-0166-0000