1216 Coral Ln
Corolla, NC 27927
4 bd 5 ba 2,515 sqft Built 1985 single_family
Most recent sale
$715,900
Aug 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 18, 2022 | Sold | $715,900 | MLS #119652 |
| Jul 11, 2022 | Listed | $739,900 | MLS #119652 |
| Oct 25, 2019 | Sold | $400,000 | Public Record |
| Sep 20, 2019 | Sold | $400,000 | MLS #104284 |
| Mar 20, 2019 | Listed | $455,000 | MLS #104284 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $279,200 | $225,000 | $504,200 | $4,036 |
| 2023 | $204,100 | $225,000 | $429,100 | $3,174 |
| 2022 | $204,100 | $225,000 | $429,100 | $2,624 |
| 2021 | $204,100 | $225,000 | $429,100 | $2,609 |
| 2020 | $201,000 | $250,000 | $451,000 | $2,660 |
| 2019 | $201,000 | $250,000 | $451,000 | $2,660 |
| 2018 | $197,600 | $250,000 | $447,600 | $2,642 |
| 2017 | $197,600 | $250,000 | $447,600 | $2,398 |
| 2016 | $197,600 | $250,000 | $447,600 | $2,398 |
| 2015 | $197,600 | $250,000 | $447,600 | $2,398 |
| 2014 | $197,600 | $250,000 | $447,600 | $2,398 |
| 2013 | $197,600 | $250,000 | $447,600 | $2,421 |
| 2012 | $237,674 | $340,000 | $577,674 | $2,099 |
| 2011 | $237,674 | $340,000 | $577,674 | $2,099 |
| 2010 | $237,674 | $340,000 | $577,674 | $2,084 |
| 2009 | $237,674 | $340,000 | $577,674 | $2,084 |
Property facts
Year built
1985
Property type
single_family
Stories
—
Beds
4
Baths
5
Living area
2,515 sqft
Lot size
—
ZIP code
27927
City
Corolla
Street
Coral Ln
Coordinates
36.38104, -75.82928
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,395
Gross rental yield
5.69%
Implied cap rate
3.70%
Trend-extrapolated value
—
Frequently asked questions
When did 1216 Coral Ln last sell?
1216 Coral Ln most recently sold on Aug 18, 2022 for $715,900.
What is the current tax assessment for 1216 Coral Ln?
The most recent total assessment for 1216 Coral Ln (year 2025) is $504,200 with $4,036 in property tax.
How does 1216 Coral Ln's assessment compare to its last sale price?
The current assessment is 29.6% below the last sale price of $715,900.
When was 1216 Coral Ln built?
1216 Coral Ln was built in 1985.
How does 1216 Coral Ln compare to others on Coral Ln?
We track 8 other properties on Coral Ln. Browse the list under "Other properties on Coral Ln" to compare beds, baths, and sale history.
What are the property facts for 1216 Coral Ln?
1216 Coral Ln is a 4 bed, 5 bath, 2,515 sqft single_family.
Is 1216 Coral Ln a flip candidate?
No — 1216 Coral Ln does not appear in our flips dataset.
Is 1216 Coral Ln a tax-appeal candidate?
No — 1216 Coral Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.0%
Implied 1-yr
+16.1%
2026 Q3
$1.11M
2026 Q4
$1.15M
ZIP 27927 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Coral Ln