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540 Ocean Trl

Corolla, NC 27927

7 bd 5 ba 3,794 sqft Built 1995 Lot 25,800 sqft single_family
Most recent sale
$685,000
Apr 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2022 Sold $685,000 MLS #116903
Nov 23, 2021 Listed $699,000 MLS #116903
May 21, 2018 Listed $475,000 MLS #100591
Apr 19, 2016 Sold $325,000 Public Record
Mar 10, 2016 Listing removed $379,900 OuterBanks
Feb 28, 2016 Price changed $379,900 MLS #90715
Jan 15, 2016 Price changed $399,900 MLS #90715
Jan 10, 2016 Listing removed $440,000 OuterBanks
Jan 10, 2016 Listed $440,000 MLS #90715
Dec 29, 2015 Price changed $440,000 MLS #89571
Dec 17, 2015 Relisted $449,900 MLS #89571
Dec 15, 2015 Listing removed $449,900 OuterBanks
Nov 19, 2015 Price changed $449,900 MLS #89571
Oct 14, 2015 Price changed $469,900 MLS #89571
Sep 15, 2015 Listed $489,900 MLS #89571
May 1, 2013 Listing removed $639,000 OuterBanks
Jun 6, 2012 Listed $639,000 MLS #75147

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $387,000 $110,000 $497,000 $4,111
2023 $387,000 $110,000 $497,000 $3,664
2022 $387,000 $110,000 $497,000 $3,069
2021 $387,000 $110,000 $497,000 $3,054
2020 $328,800 $150,000 $478,800 $2,894
2019 $328,800 $150,000 $478,800 $2,894
2018 $328,800 $150,000 $478,800 $2,894
2017 $328,800 $150,000 $478,800 $2,627
2016 $328,800 $150,000 $495,240 $2,635
2015 $328,800 $150,000 $478,800 $2,635
2014 $328,800 $150,000 $478,800 $2,627
2013 $328,800 $150,000 $478,800 $2,651
2012 $420,208 $252,000 $672,208 $2,508
2011 $420,208 $252,000 $672,208 $2,508
2010 $420,208 $252,000 $672,208 $2,493
2009 $420,208 $252,000 $672,208 $2,493

Property facts

Year built
1995
Property type
single_family
Stories
Beds
7
Baths
5
Living area
3,794 sqft
Lot size
25,800 sqft
ZIP code
27927
City
Corolla
Street
Ocean Trl
Coordinates
36.29046, -75.80195

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
$5,122
Gross rental yield
8.97%
Implied cap rate
5.83%
Trend-extrapolated value

Frequently asked questions

When did 540 Ocean Trl last sell?
540 Ocean Trl most recently sold on Apr 19, 2022 for $685,000.
What is the current tax assessment for 540 Ocean Trl?
The most recent total assessment for 540 Ocean Trl (year 2025) is $497,000 with $4,111 in property tax.
How does 540 Ocean Trl's assessment compare to its last sale price?
The current assessment is 27.4% below the last sale price of $685,000.
When was 540 Ocean Trl built?
540 Ocean Trl was built in 1995.
How does 540 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 540 Ocean Trl?
540 Ocean Trl is a 7 bed, 5 bath, 3,794 sqft, 25,800 sqft lot single_family.
Is 540 Ocean Trl a flip candidate?
No — 540 Ocean Trl does not appear in our flips dataset.
Is 540 Ocean Trl a tax-appeal candidate?
No — 540 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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