1126 Payson Ct Corolla, NC 27927

5 beds · 3 baths · 2,712 sq ft · Lot Size: 9,442 sq ft · Single Family Home
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1126 Payson Ct 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 1987 and is approximately 38 years old. The single family home spans 2712 sq ft with 5 bedrooms and 3 bathrooms and sits on a 9442 sq ft lot. According to public records, it was last sold in 2020 for $530,000. Analyze and compare real estate investment strategies for properties like this home at 1126 Payson Ct Corolla, NC 27927 with Property Intel by Whitepages.

Investment Potential for 1126 Payson Ct

The property has a current estimated value of $778,480, which is 5% above the zip median, based on public records. It last sold on August 14, 2020 for $530K. Projected long-term
is $43,800 annually ($3,650 per month) with a 10% occupancy rate.

Long-Term

Gross Rental
$43,800 per year($3,650 per month)
Net Operating Income
Cap Rate
Occupancy Rate
10%in 27927 zip code
 
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Owners & Occupancy for 1126 Payson Ct

This property is owned by Karen E Christian. Owner contact information includes 4 phone numbers and 2 email addresses.

Property Owners

Residence**************
Landline(703) 823-3221+ 3 more
Distance from Property**********
Email Address*********@msn.com

Property Ownership Information

Purchase DateAugust 14, 2020
Property Tax Amount$4,276 in 2024
Purchase Price$530,000

Occupancy

Current Occupancy******View Occupancy

Property Details for 1126 Payson Ct

Property Details

Property Sq Ft

Living Area

2,712 sq ft

Compare to 27927

Lot Size

9,442 sq ft

Compare to 27927

Price Per Sq Ft

Living Area

$287 / sq ft

Compare to 27927

Lot Size Area

$82 / sq ft

Compare to 27927
Property condition, age, exterior, etc. for 1126 Payso…
Longitude: -75.825432 Latitude: 36.37448 Parcel Number (APN): 115B-000-0134-0000…
Mortgage originated on through lender: Caliber Hm Loans Inc for$******View Mortgage Details
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Market Benchmarks

Compare data for 1126 Payson Ct in Currituck County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$778,480
$442,904
$335,576 (76%)
$635,848
$397,373 (62%)
YoY Price Change
1.98%
-889%
Year Built
1987
2000
-13 years
Living Space
2,712 sq ft
2,662 sq ft
50 (2%)
$ Per Living Sq Ft
$287
$173
$114 (66%)
Lot Size
9,442 sq ft
19,721 sq ft
-10279 (-52%)
$ Per Lot Sq Ft
$82
$31
$52 (167%)

Net Operating Income
$20,268
$7,754 (38%)
Annual Revenue
$43,800
$29,400
$14,400 (49%)
$8,561
$7,217 (84%)
Net Operating Income
$20,268
$7,754 (38%)
Cap Rate
4.55%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians