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1124 Gray Ct

Corolla, NC 27927

6 bd 5 ba 3,000 sqft Built 1994 single_family
Most recent sale
$940,000
Oct 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 12, 2022 Sold $940,000 MLS #120058
Aug 13, 2022 Listed $935,000 MLS #120058
May 25, 2017 Sold $475,000 Public Record
Jul 14, 2016 Listed $499,900 MLS #93100
Jan 14, 2016 Price changed $499,900 MLS #87621
Sep 21, 2015 Price changed $524,900 MLS #87621
Apr 14, 2015 Listed $565,000 MLS #87621
Apr 4, 2014 Listed $649,000 MLS #83121
Dec 13, 2010 Sold $575,000 Public Record
Sep 1, 2010 Listed $598,000 MLS #67809
Jan 22, 2010 Listed $598,500 MLS #64654
Dec 5, 2009 Relisted $619,000 MLS #60369
Nov 23, 2009 Price changed $619,000 MLS #60369
Mar 9, 2009 Listed $649,000 MLS #60369

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $368,500 $192,500 $561,000 $4,538
2023 $368,500 $192,500 $561,000 $4,043
2022 $368,500 $192,500 $561,000 $3,400
2021 $368,500 $192,500 $561,000 $3,376
2020 $311,000 $175,000 $486,000 $2,936
2019 $311,000 $175,000 $486,000 $2,928
2018 $311,000 $175,000 $486,000 $2,928
2017 $311,000 $175,000 $486,000 $2,665
2016 $311,000 $175,000 $501,550 $2,665
2015 $311,000 $175,000 $486,000 $2,665
2014 $311,000 $175,000 $486,000 $2,665
2013 $311,000 $175,000 $486,000 $2,683
2012 $351,322 $350,000 $701,322 $2,513
2011 $351,322 $350,000 $701,322 $2,513
2010 $351,322 $350,000 $701,322 $2,498
2009 $351,322 $350,000 $701,322 $2,499

Property facts

Year built
1994
Property type
single_family
Stories
Beds
6
Baths
5
Living area
3,000 sqft
Lot size
ZIP code
27927
City
Corolla
Street
Gray Ct
Coordinates
36.37162, -75.82802

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,050
Gross rental yield
5.17%
Implied cap rate
3.36%
Trend-extrapolated value

Frequently asked questions

When did 1124 Gray Ct last sell?
1124 Gray Ct most recently sold on Oct 12, 2022 for $940,000.
What is the current tax assessment for 1124 Gray Ct?
The most recent total assessment for 1124 Gray Ct (year 2025) is $561,000 with $4,538 in property tax.
How does 1124 Gray Ct's assessment compare to its last sale price?
The current assessment is 40.3% below the last sale price of $940,000.
When was 1124 Gray Ct built?
1124 Gray Ct was built in 1994.
How does 1124 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 1124 Gray Ct?
1124 Gray Ct is a 6 bed, 5 bath, 3,000 sqft single_family.
Is 1124 Gray Ct a flip candidate?
No — 1124 Gray Ct does not appear in our flips dataset.
Is 1124 Gray Ct a tax-appeal candidate?
No — 1124 Gray Ct is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.0%
Implied 1-yr
+16.1%
2026 Q3
$1.11M
2026 Q4
$1.15M
ZIP 27927 — Median Price History + Forecast

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