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530 Ocean Trail

530 Ocean Trail, Corolla, NC 27927
Property in Currituck
Sold Apr 19, 2016
$325,000
Sold Feb 13, 2006
$250,000
$100,000 by William E Jewell
Mortgage Due Mar 13, 2009
530 Ocean Trail in Corolla, NC was first built in 2001 and is 23 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 530 Ocean Trail has 3,041 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 100 ft and the linear feet between the front and back of the lot is 242. In total, the area measurement of the land is 24,200 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of materials we are unsure of. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with electricity. The property was last sold in Apr 18, 2016 for $325,000. That's $106.87 per sqft. Prior to that sales transaction, the property was also sold in Feb 9, 2006 for $250,000. 530 Ocean Trail was last assessed in 2023. The total value of the property was assessed at $456,700. Specifically, the land the property is located on was valued at $110,000. While improvements on the property were assessed at a total of $346,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,401. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 8
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Other
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 24,200
  • Lot Size Depth Feet: 242
  • Lot Size Frontage Feet: 100
  • Total Building Area: 3,041
  • Gross Building Area: 3,041
  • Building Area: 3,041
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,041
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OCEAN SANDS
  • Land Acres: 0.556
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 65 SECT A OCEAN SANDS

Ownership

  • Current Owner : CHERRY MICHAEL A
  • Previous Owner : CHERRY MARSHALL E
  • Previous Owner 2: CHERRY JULIE C
  • Owner Before Previous Owner: JEWELL WILLIAM E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Currituck County Schools
  • Census Tract: 110101

Zoning

  • Zoning: SFO

Geography

  • Assessors Map Reference: 126A
  • Account Number: 000041995
  • District: 11
  • Section: A
  • Parcel: 126A0000065000A
  • Lot: 65
  • Municipality: POPLAR BRANCH BCH
  • Latitude: 36.2891
  • Longitude: -75.8014

    Address

  • Full Address: 530 Ocean Trl
  • Address - House Number: 530
  • Address - Street Name: Ocean
  • Address - Suffix Type: Trl
  • State: NC
  • City Name: Corolla
  • Carrier Code: H066
  • 4-Digit Zip Code: 9688
  • Zip Code: 27927

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,401
  • Tax Rate Code Area: POPLAR BRA

    Appraisal Valuation

  • Standard Deviation: 0.1944
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 583,065
  • High Value: 696,418
  • Low Value: 469,713

    Market Valuation

  • Market Total Value: $456,700
  • Market Land Value: $110,000
  • Market Improvement Value: $346,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $456,700
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $346,700

    Sales

  • Current Sale Contract Date: Apr 18, 2016
  • Current Sale Recording Date: Apr 19, 2016
  • Current Sale Transaction ID: 1571389842
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 13, 2006
  • Previous Sale Contract Date: Feb 09, 2006
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MARSHALL E CHERRY JR ETAL
  • First Mortgage Transaction Date: Apr 19, 2016
  • First Mortgage Loan Amount: $310,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Apr 19, 2046

    Previous Mortgages

  • Previous Mortgage Lender: WILLIAM E JEWELL
  • Previous Mortgage Transaction Date: Feb 13, 2006
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 36
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 13, 2009

About Currituck



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Frequently Asked Questions

What neighborhood is 530 Ocean Trail located in?
The 530 Ocean Trail is a located in the neighborhood of Currituck in Currituck, Corolla.
What is the average sales price for listings in 530 Ocean Trail?
The average sales price for units in 530 Ocean Trail is $0 currently.

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