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1108 Schoolhouse Ln

Corolla, NC 27927

7 bd 8 ba 4,206 sqft Built 1983 Lot 20,038 sqft single_family
Most recent sale
$1,275,000
Mar 8, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 8, 2024 Sold $1,275,000 OuterBanks
Nov 5, 2023 Listed $1,295,000 OuterBanks

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $411,700 $289,300 $701,000 $5,534
2023 $411,700 $289,300 $701,000 $4,937
2022 $411,700 $289,300 $701,000 $4,116
2021 $411,700 $289,300 $701,000 $4,101
2020 $458,400 $289,300 $747,700 $4,354
2019 $458,400 $289,300 $747,700 $4,354
2018 $458,400 $289,300 $747,700 $4,354
2017 $458,400 $289,300 $747,700 $3,948
2016 $458,400 $289,300 $747,700 $3,838
2015 $458,400 $289,300 $747,700 $3,838
2014 $458,400 $289,300 $747,700 $3,838
2013 $458,400 $289,300 $747,700 $3,876
2012 $412,337 $402,876 $815,213 $2,858
2011 $412,337 $402,876 $815,213 $2,858
2010 $412,337 $402,876 $815,213 $2,843
2009 $412,337 $402,876 $815,213 $2,829

Property facts

Year built
1983
Property type
single_family
Stories
Beds
7
Baths
8
Living area
4,206 sqft
Lot size
20,038 sqft
ZIP code
27927
City
Corolla
Street
Schoolhouse Ln
Coordinates
36.37846, -75.82677

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
$5,678
Gross rental yield
5.34%
Implied cap rate
3.47%
Trend-extrapolated value

Frequently asked questions

When did 1108 Schoolhouse Ln last sell?
1108 Schoolhouse Ln most recently sold on Mar 8, 2024 for $1,275,000.
What is the current tax assessment for 1108 Schoolhouse Ln?
The most recent total assessment for 1108 Schoolhouse Ln (year 2025) is $701,000 with $5,534 in property tax.
How does 1108 Schoolhouse Ln's assessment compare to its last sale price?
The current assessment is 45.0% below the last sale price of $1,275,000.
When was 1108 Schoolhouse Ln built?
1108 Schoolhouse Ln was built in 1983.
How does 1108 Schoolhouse Ln compare to others on Schoolhouse Ln?
We track 6 other properties on Schoolhouse Ln. Browse the list under "Other properties on Schoolhouse Ln" to compare beds, baths, and sale history.
What are the property facts for 1108 Schoolhouse Ln?
1108 Schoolhouse Ln is a 7 bed, 8 bath, 4,206 sqft, 20,038 sqft lot single_family.
Is 1108 Schoolhouse Ln a flip candidate?
No — 1108 Schoolhouse Ln does not appear in our flips dataset.
Is 1108 Schoolhouse Ln a tax-appeal candidate?
No — 1108 Schoolhouse Ln 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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