475 Island Lead Rd
Corolla, NC 27927
6 bd 6 ba 3,462 sqft Built 1997 single_family
Most recent sale
$1,300,000
Jun 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 25, 2025 | Price changed | $1,459,000 | OuterBanks |
| Feb 21, 2025 | Price changed | $1,490,000 | OuterBanks |
| Jan 16, 2025 | Listed | $1,524,000 | OuterBanks |
| Dec 8, 2024 | Price changed | $1,544,000 | OuterBanks |
| Sep 28, 2024 | Listed | $1,549,000 | OuterBanks |
| Jun 17, 2022 | Sold | $1,300,000 | MLS #117465 |
| Jan 30, 2022 | Listed | $1,350,000 | MLS #117465 |
| Jul 27, 2020 | Sold | $4,100,000 | Public Record |
| Jun 3, 2020 | Sold | $820,000 | MLS #109440 |
| Jan 13, 2020 | Price changed | $889,500 | MLS #103766 |
| Nov 9, 2019 | Price changed | $950,000 | MLS #103766 |
| Sep 18, 2019 | Relisted | $1,020,000 | MLS #103766 |
| Aug 13, 2019 | Price changed | $1,035,000 | MLS #103766 |
| Apr 8, 2019 | Price changed | $1,060,000 | MLS #103766 |
| Feb 18, 2019 | Listed | $1,080,000 | MLS #103766 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $382,200 | $440,000 | $822,200 | $6,385 |
| 2023 | $382,200 | $440,000 | $822,200 | $5,678 |
| 2022 | $382,200 | $440,000 | $822,200 | $4,736 |
| 2021 | $382,200 | $440,000 | $822,200 | $4,721 |
| 2020 | $492,400 | $400,000 | $892,400 | $5,130 |
| 2019 | $458,600 | $400,000 | $858,600 | $4,942 |
| 2018 | $458,600 | $400,000 | $858,600 | $4,942 |
| 2017 | $458,600 | $400,000 | $858,600 | $4,492 |
| 2016 | $458,600 | $400,000 | $881,530 | $4,481 |
| 2015 | $458,600 | $400,000 | $858,600 | $4,481 |
| 2014 | $458,600 | $400,000 | $858,600 | $4,481 |
| 2013 | $458,600 | $400,000 | $858,600 | $4,525 |
| 2012 | $558,988 | $700,000 | $1,258,988 | $4,421 |
| 2011 | $558,988 | $700,000 | $1,258,988 | $4,421 |
| 2010 | $558,988 | $700,000 | $1,258,988 | $4,344 |
| 2009 | $558,988 | $700,000 | $1,258,988 | $4,344 |
Property facts
Year built
1997
Property type
single_family
Stories
—
Beds
6
Baths
6
Living area
3,462 sqft
Lot size
—
ZIP code
27927
City
Corolla
Street
Island Lead Rd
Coordinates
36.27821, -75.79440
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
$4,674
Gross rental yield
4.31%
Implied cap rate
2.80%
Trend-extrapolated value
—
Frequently asked questions
When did 475 Island Lead Rd last sell?
475 Island Lead Rd most recently sold on Jun 17, 2022 for $1,300,000.
What is the current tax assessment for 475 Island Lead Rd?
The most recent total assessment for 475 Island Lead Rd (year 2025) is $822,200 with $6,385 in property tax.
How does 475 Island Lead Rd's assessment compare to its last sale price?
The current assessment is 36.8% below the last sale price of $1,300,000.
When was 475 Island Lead Rd built?
475 Island Lead Rd was built in 1997.
How does 475 Island Lead Rd compare to others on Island Lead Rd?
We track 5 other properties on Island Lead Rd. Browse the list under "Other properties on Island Lead Rd" to compare beds, baths, and sale history.
What are the property facts for 475 Island Lead Rd?
475 Island Lead Rd is a 6 bed, 6 bath, 3,462 sqft single_family.
Is 475 Island Lead Rd a flip candidate?
Yes — 475 Island Lead Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 475 Island Lead Rd a tax-appeal candidate?
No — 475 Island Lead Rd 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 Island Lead Rd