1008 Cruz Bay Ln Corolla, NC 27927

Get Owner Info
6 beds · 5 baths · 2,992 sq ft · Lot Size: 16,117 sq ft · Single Family Home
Est. Property Value: $1,152,967

Valued above Market MedianOwned for 5 - 10 YearsOwner Age 65 - 75

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

1008 Cruz Bay Ln is in the 27927 neighborhood of Corolla, NC. It is located in Currituck County and ZIP code 27927. This Single Family Home was built in 2021 and is approximately 4 years old. The single family home spans 2992 sq ft with 6 bedrooms and 5 bathrooms and sits on a 16117 sq ft lot. According to public records, it was last sold in 2020 for $844,500 and has a tax-assessed value of $772,500, which is $385 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 1008 Cruz Bay Ln Corolla, NC 27927 with Property Intel by Whitepages.

1008 Cruz Bay Ln

Corolla, NC 27927

Owner Info

Owners & Occupancy for 1008 Cruz Bay Ln

This property is owned by Suzanne P Turnipseed. Owner contact information includes 3 phone numbers and 1 email address.

Property Owners

OccupationSubcontracts Manager, Lockheed Martin Ms2
Cell Phone(970) ***-****View Cell Phone
Residence****************
Landline(856) 787-1805
Distance from Property**********
Email Address*****************@yahoo.comView Email
View All Owner Info

Occupancy

Current Occupancy******View Occupancy

Property Financials for 1008 Cruz Bay Ln

1008 Cruz Bay Ln, Corolla, NC has a mortgage from First Bk (orig. February 22, 2022). The Currituck county assessment for 2024 values it at $772,500, with annual taxes of $5,875.

Mortgage & Equity Information

Loan Amount$******
LenderFirst Bk
Origination DateFebruary 22, 2022
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateMarch 20, 2020
Property Tax Amount$5,875 in 2024
Purchase Price$844,500
Assessed Value$772,500 on 2024

Investment Potential for 1008 Cruz Bay Ln

The property has a current estimated value of $1,152,967, which is 27% above the zip median, based on public records. It last sold on March 20, 2020 for $845K. Projected long-term
is $40,800 annually ($3,400 per month) with a 10% occupancy rate.

Discover more Single Family Homes in 27927.
See Recommended Properties

Long-Term

Gross Rental
$40,800 per year($3,400 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
10%in 27927 zip code
 
View Rental Potential

Property Details for 1008 Cruz Bay Ln

Property Details

Property Sq Ft

Living Area

2,992 sq ft

1% above market

Lot Size

16,117 sq ft

7% above market

Price Per Sq Ft

Living Area

$385 / sq ft

23% above market

Lot Size Area

$72 / sq ft

4% above market

Property condition, age, exterior, etc. for 1008 Cruz …
Longitude: -75.827371 Latitude: 36.354884 Parcel Number (APN): 115E-000-0021-0000…

Recommended Properties in 27927

Discover more single family homes near 1008 Cruz Bay Ln in Corolla, North Carolina. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 1008 Cruz Bay Ln in Currituck County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$1,152,967
$437,153
$715,813 (164%)
$*******
$583,318
$1,057,809 (181%)
YoY Price Change
****%
1.98%
-971%
Year Built
2021
2000
21 years
Living Space
2,992 sq ft
2,660 sq ft
332 (12%)
$ Per Living Sq Ft
$385
$165
$220 (133%)
Lot Size
16,117 sq ft
19,733 sq ft
-3616 (-18%)
$ Per Lot Sq Ft
$72
$24
$47 (197%)

Net Operating Income
$*****
$22,208
-$1,069 (-5%)
Annual Revenue
$40,800
$33,000
$7,800 (24%)
$*****
$10,249
$9,412 (92%)
Net Operating Income
$*****
$22,208
-$1,069 (-5%)
Cap Rate
****%
5.29%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 6-Bed Single Family Home Medians

Find More Housing Markets Near Corolla