1116 Gray Ct
Corolla, NC 27927
5 bd 6 ba 2,750 sqft Built 2002 single_family
Most recent sale
$929,000
Jul 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 30, 2025 | Price changed | $1,189,000 | OuterBanks |
| May 11, 2025 | Price changed | $1,199,000 | OuterBanks |
| Apr 1, 2025 | Price changed | $1,225,000 | OuterBanks |
| Feb 13, 2025 | Listed | $1,250,000 | OuterBanks |
| Jul 28, 2022 | Sold | $929,000 | MLS #119246 |
| Jun 11, 2022 | Listed | $919,000 | MLS #119246 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $426,000 | $192,500 | $618,500 | $5,275 |
| 2023 | $404,900 | $192,500 | $597,400 | $4,528 |
| 2022 | $404,900 | $192,500 | $597,400 | $3,585 |
| 2021 | $404,900 | $192,500 | $597,400 | $3,571 |
| 2020 | $339,300 | $175,000 | $514,300 | $3,095 |
| 2019 | $339,300 | $175,000 | $514,300 | $3,086 |
| 2018 | $339,300 | $175,000 | $514,300 | $3,086 |
| 2017 | $339,300 | $175,000 | $514,300 | $2,800 |
| 2016 | $339,300 | $175,000 | $531,265 | $2,800 |
| 2015 | $339,300 | $175,000 | $514,300 | $2,800 |
| 2014 | $339,300 | $175,000 | $514,300 | $2,800 |
| 2013 | $339,300 | $175,000 | $514,300 | $2,827 |
| 2012 | $365,847 | $350,000 | $715,847 | $2,634 |
| 2011 | $365,847 | $350,000 | $715,847 | $2,634 |
| 2010 | $365,847 | $350,000 | $715,847 | $2,619 |
| 2009 | $365,847 | $350,000 | $715,847 | $2,619 |
Property facts
Year built
2002
Property type
single_family
Stories
—
Beds
5
Baths
6
Living area
2,750 sqft
Lot size
—
ZIP code
27927
City
Corolla
Street
Gray Ct
Coordinates
36.37118, -75.82736
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
$3,713
Gross rental yield
4.80%
Implied cap rate
3.12%
Trend-extrapolated value
—
Frequently asked questions
When did 1116 Gray Ct last sell?
1116 Gray Ct most recently sold on Jul 28, 2022 for $929,000.
What is the current tax assessment for 1116 Gray Ct?
The most recent total assessment for 1116 Gray Ct (year 2025) is $618,500 with $5,275 in property tax.
How does 1116 Gray Ct's assessment compare to its last sale price?
The current assessment is 33.4% below the last sale price of $929,000.
When was 1116 Gray Ct built?
1116 Gray Ct was built in 2002.
How does 1116 Gray Ct compare to others on Gray Ct?
We track 8 other properties on Gray Ct. Browse the list under "Other properties on Gray Ct" to compare beds, baths, and sale history.
What are the property facts for 1116 Gray Ct?
1116 Gray Ct is a 5 bed, 6 bath, 2,750 sqft single_family.
Is 1116 Gray Ct a flip candidate?
No — 1116 Gray Ct does not appear in our flips dataset.
Is 1116 Gray Ct a tax-appeal candidate?
No — 1116 Gray Ct 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
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