NOT LISTED FOR SALE

983 Cruz Bay Ln Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $1,125,000 - $1,335,000

0.22 Acre
$5,533,223 Price per Acre
9,365 Sq Ft Lot

Last Sold October 20, 2021

Last sale price $200,000

Est. 495% increase in value since last sale

Current estimated payment $6,983/month

About This Lot

As of October 2021

This home is located at 983 Cruz Bay Ln, Corolla, NC 27927 since 20 October 2021 and is currently estimated at $1,189,643. 983 Cruz Bay Ln is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

Last Agent to Sell the Property

* *None

**None License #NA Listed on: 10/20/2021

Last Buyer's Agent

Tyson Bradley

Real Broker, LLC License #309273

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $459

Lot Details

  • Home fronts a sound
  • Property fronts a private road
  • Level Lot

HOA Fees

  • $42 Monthly HOA Fees

Community Details

  • Seaside Management Association, Phone Number (252) 261-1200
  • Corolla Bay Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$459

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: LOTS/LAND
  • L V T Date: 10/21/2021
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Section: 2
  • Waterfront Location: Semi-Soundfront
  • Zoning: res
  • Deed Book Pg Number: 797
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 500
  • Hoa Contact: Seaside Management
  • HOA Contact: 252-261-1200

Lot Info

  • Lot Description: Level
  • Deed Book: 1657
  • Unit/Lot Number: lot 65

Tax Info

  • Year: 2021
  • Taxes: 459

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2022
Sold by
Clemente Rodney B and Clemente Charity B
Bought by
Clemente Investments Vacation Properties Llc
Current Estimated Value
$1,190,575

Purchase Details

Listed on
Oct 20, 2021
Closed on
Oct 19, 2021
Sold by
Sf Corolla Bay Llc
Bought by
Clemente Rodney B and Clemente Charity B
Seller's Agent
* *None
**None
Buyer's Agent
Tyson Bradley
Real Broker, LLC
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.48%
Original Mortgage
$960,000
Interest Rate
3.12%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 20, 2020
Sold by
Northeatern North Carolina Prop Llc
Bought by
Sf Corolla Bay Llc
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
Clemente Investments Vacation Properties Llc -- --
Clemente Rodney B $200,000 None Available
Sf Corolla Bay Llc $538,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clemente Rodney B $960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $200,000 0.0% --
10/20/2021 10/20/21 For Sale $200,000 -- --
06/14/2021 06/14/21 Pending -- -- --
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 $5,060 $656,200 $90,000 $566,200
2023 $5,060 $656,200 $90,000 $566,200
2022 $459 $90,000 $90,000 $0
2021 $459 $119,000 $119,000 $0
2020 $631 $119,000 $119,000 $0
Source: Public Records

Agents Affiliated with this Home

  • *

    Seller's Agent in 2021

    * *None

    **None

  • T

    Buyer's Agent in 2021

    Tyson Bradley

    Real Broker, LLC

    (757) 339-0965

    2 in this area

    8 Total Sales

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116553

Outer Banks Association of REALTORS®

APN: 115E00000650000

North Carolina Currituck County Corolla 27927 Corolla

983 Cruz Bay Ln, Corolla, NC

This home is located at 983 Cruz Bay Ln, Corolla, NC 27927 since 20 October 2021 and is currently estimated at $1,189,643. 983 Cruz Bay Ln is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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