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518 Ocean Trl

Corolla, NC 27927

3 bd 3 ba 1,650 sqft Built 1986 Lot 22,200 sqft single_family
Most recent sale
$480,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 30, 2024 Sold $535,000 Public Record
Jul 15, 2022 Sold $480,000 MLS #119704
Mar 22, 2017 Listing removed $269,000 OuterBanks
Feb 4, 2017 Listed $269,000 MLS #95079

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $161,000 $110,000 $271,000 $2,394
2023 $161,000 $110,000 $271,000 $2,131
2022 $161,000 $110,000 $271,000 $1,818
2021 $161,000 $110,000 $271,000 $1,803
2020 $133,900 $150,000 $283,900 $1,775
2019 $133,900 $150,000 $283,900 $1,775
2018 $133,900 $150,000 $283,900 $1,775
2017 $133,900 $150,000 $283,900 $1,613
2016 $133,900 $150,000 $283,900 $1,613
2015 $133,900 $150,000 $283,900 $1,613
2014 $133,900 $150,000 $283,900 $1,613
2013 $133,900 $150,000 $283,900 $1,627
2012 $130,927 $247,200 $378,127 $1,460
2011 $130,927 $247,200 $378,127 $1,460
2010 $130,927 $247,200 $378,127 $1,445
2009 $130,927 $247,200 $378,127 $1,445

Property facts

Year built
1986
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,650 sqft
Lot size
22,200 sqft
ZIP code
27927
City
Corolla
Street
Ocean Trl
Coordinates
36.28756, -75.80086

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
$2,228
Gross rental yield
5.57%
Implied cap rate
3.62%
Trend-extrapolated value

Frequently asked questions

When did 518 Ocean Trl last sell?
518 Ocean Trl most recently sold on Jul 15, 2022 for $480,000.
What is the current tax assessment for 518 Ocean Trl?
The most recent total assessment for 518 Ocean Trl (year 2025) is $271,000 with $2,394 in property tax.
How does 518 Ocean Trl's assessment compare to its last sale price?
The current assessment is 43.5% below the last sale price of $480,000.
When was 518 Ocean Trl built?
518 Ocean Trl was built in 1986.
How does 518 Ocean Trl compare to others on Ocean Trl?
We track 8 other properties on Ocean Trl. Browse the list under "Other properties on Ocean Trl" to compare beds, baths, and sale history.
What are the property facts for 518 Ocean Trl?
518 Ocean Trl is a 3 bed, 3 bath, 1,650 sqft, 22,200 sqft lot single_family.
Is 518 Ocean Trl a flip candidate?
No — 518 Ocean Trl does not appear in our flips dataset.
Is 518 Ocean Trl a tax-appeal candidate?
No — 518 Ocean Trl 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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