NOT LISTED FOR SALE

Estimated Value: $1,372,000 - $1,557,000

0.37 Acre
$4,023,927 Price per Acre
16,117 Sq Ft Lot

Last Sold October 04, 2019

Last sale price $199,900

Est. 645% increase in value since last sale

Current estimated payment $8,757/month

Highlights

  • Community Beach Access
  • Home fronts a sound
  • Cul-De-Sac
  • Views of a Sound

About This Lot

As of October 2019

Soundfront lot with unbelievable sound views. Clear this lot to build your dream home in this unique Waterfront community. Peacefulness and serenity abound in The Soundfront at Corolla Bay, you really can get away from it all! There are also beach access privileges across the street if you want to join the rest of the beach. Beautiful sunsets and surroundings make for a fantastic primary, second or investment home. Gated private access to brand new state of the art pier - launch your kayak or SUP. Lot is big enough to build an 8 bedroom home. There are very few of these lots left, tell your buyers now!

Last Agent to Sell the Property

Raju Uppalapati

Outer Banks Realty Group License #187530 Listed on: 09/25/2019

Co-Listed By

Vijayasree Uppalapati

Outer Banks Realty Group License #213930

Last Buyer's Agent

Hunter Davis

Twiddy and Company - Corolla License #301647

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,214

Lot Details

  • 0.37 Acre Lot
  • Home fronts a sound
  • Property fronts a private road
  • Cul-De-Sac

HOA Fees

  • $83 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, road maintenance, walkways
  • Sterling Parker Association, Phone Number (252) 722-1906
  • Corolla Bay Subdivision

Recreation

  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,214

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: AE
  • Subdivision Name: Soundfront at Corolla Bay
  • L V T Date: 09/25/2019
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Section: I
  • Waterfront Location: Soundfront
  • Zoning: Residentia
  • Deed Book Pg Number: 79
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C25379
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Sound

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 1000
  • Hoa Contact: Sterling Parker
  • HOA Contact: 252-722-1906
  • Fee Includes: Common Electric, Common Insurance, Road Maintenance, Walkways

Lot Info

  • Lot Description: Cul-de-sac
  • Lot Faces: E
  • Estimated Lot Size: 0.37
  • Deed Book: 1295
  • Unit/Lot Number: Lot 28

Tax Info

  • Year: 2018
  • Taxes: 1214

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2019
Closed on
Oct 4, 2019
Sold by
Northeastern Nc Prop Corolla Soundside L
Bought by
Dowden Josh and Dowden Richard
Seller's Agent
Raju Uppalapati
Outer Banks Realty Group
Buyer's Agent
Hunter Davis
Twiddy and Company - Corolla
List Price
$199,900
Sold Price
$199,900
Current Estimated Value
$1,488,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,288,953
Avg. Annual Appreciation
40.70%
Original Mortgage
$640,653
Interest Rate
3.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 30, 2014
Sold by
Corolla Bay Llc
Bought by
Northeastern North Carolina Properties C
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
Dowden Josh $200,000 None Available
Northeastern North Carolina Properties C $5,632,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dowden Josh $548,250
Closed Dowden Josh $104,750
Closed Dowden Richard $640,653
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2019 10/04/19 Sold $199,900 0.0% --
09/25/2019 09/25/19 Pending -- -- --
09/25/2019 09/25/19 For Sale $199,900 -- --
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 $6,740 $882,600 $195,000 $687,600
2023 $6,740 $882,600 $195,000 $687,600
2022 $5,113 $882,600 $195,000 $687,600
2021 $5,098 $229,000 $229,000 $0
2020 $1,484 $229,000 $229,000 $0
2019 $1,214 $229,000 $229,000 $0
2018 $1,214 $229,000 $229,000 $0
2017 $1,099 $229,000 $229,000 $0
2016 $1,099 $229,000 $229,000 $0
2015 $1,099 $400,000 $400,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 106661

Outer Banks Association of REALTORS®

APN: 115E-000-0028-0000