523 Ocean Trail

523 Ocean Trail in Corolla, NC was first built in 1991 and is 33 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 bungalow style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 523 Ocean Trail has 2,819 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 basement is 1,256 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 110 ft and the linear feet between the front and back of the lot is 200. In total, the area measurement of the land is 22,000 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a vinyl in-ground pool on the property. The roof of the home is made of composition shingle. The quality of the control joints have been graded by the local assessor with a letter grade of B-. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 523 Ocean Trail sold most recently in Dec 18, 2015 for a total of $477,500. If you work out the math, that's approximately a cost of $169.39 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,485 in taxes each year. 523 Ocean Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $471,700. If we break it down further, the land itself was valued at $120,000. Improvements to the property, however, were assessed at a total of $351,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.