1116 Schoolhouse Ln, Corolla, NC 27927 Property Records

Currituck County property record for 1116 Schoolhouse Ln, Corolla, NC 27927

Property Summary

Property TypeSingle Family Home
Details7 bd · 7.5 ba · 4,163 sqft · built 2004
Lot Size0.461 acres (20,081 sqft)
Owner2 Individual Names on File
Last Sale$790,000 (Jan 2021)
Tax Bill$5,541 (2025)
Deeds & MortgagesMay 2019 Mortgage
Jan 2021 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN9937-31-4576

Property Details

APN / Parcel Number

Primary APN9937-31-4576
Alternative APNs
  • 114B00000320003
  • 000157834
  • 9937-31

Interior

Bedrooms7 Beds
Full Baths7.5 Baths
Half Baths1 Half Bath
Stories3 Stories
Building Area4,163 sqft Living Area
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 2004
Effective Year BuiltEffective 2004
Architectural StyleContemporary
Exterior MaterialOther
Construction TypeFrame
Roof MaterialComposition Shingle
Lot Area20,081 sqft (0.461 acres)
Lot Dimensions132 ft deep x 152 ft wide

Exterior Amenities

Pool Area325 sqft
PorchPorch
Porch Area180 sqft
Patio Area731 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral
Heating FuelElectric

Location & Zoning

Account Number000157834
Street Address1116 SCHOOLHOUSE LN
CityCOROLLA
StateNC
Zip27927
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeSFO
Legal DescriptionCOROLLA VILLAGE-LOT 32,SECT. 3
Legal SubdivisionCOROLLA VILLAGE SECT 3
Legal Lot Number32
JurisdictionCURRITUCK NC
Township / Civil DivisionPOPLAR BRANCH
Census Block Group1
Census Block1080
Census Tract110101

Owner

1116 Schoolhouse Ln is owned by two individuals who bought it in January 2021.

Source: Currituck County records, as of December 2, 2025

Owner of Record2 Individual Names on File
Mailing Address25252 PLANTING FIELD DR, CHANTILLY, VA 20152-4459
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
May 20, 2019Deed of Trust, Mortgage · ARM
MORGAN STANLEY PRIVATE BANK NA
Jan 25, 2021Warranty Deed, Transfer · Conventional Mortgage
MOVEMENT MORTGAGE

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleJan 25, 2021 · Amount on File
Deed SaleJan 25, 2021 · Amount on File
Deed Document Number2021360050
Deed Book / Page1594 / 356
Prior Transfer DateAug 6, 2009
Prior Transfer Doc0011010921
Record UpdatedJun 8, 2026

May 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCURRITUCK NC
Property Address1116 SCHOOLHOUSE LN, COROLLA, NC 27927
Transaction TypeMortgage
Record UpdatedFeb 5, 2021
Title CompanyFIRST AMERICAN TITLE INS CO

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0014830497
DateMay 20, 2019
Book Page1483/497
Instrument343052
Lender
NameMORGAN STANLEY PRIVATE BANK NA
TypeBank
AddressCINCINNATI, OH 45245
Agreement
TypeARM
AmountAmount on Record
Term361 Months
DueJun 1, 2049
Interest
Rate TypeAdjustable Rate
Rate3.9%
AdjustableAdjustable Rate Rider
Type Change DateJun 1, 2026
Change FrequencyAnnually
Min Rate At Change2.5%
Max Rate At Change8.9%
Index1-Year LIBOR
Max Rate8.9%

January 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCURRITUCK NC
Recording DateJan 25, 2021
Property Address1116 SCHOOLHOUSE LN, COROLLA, NC 27927
Document Number0015940356
Book / Page1594 / 356
Map ReferenceMB 4 PG 34
Instrument DateJan 20, 2021
Instrument360050
Transaction TypeTransfer
Record UpdatedFeb 20, 2024

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$9,480.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address2925 SUMMERCHASE LN, GOOCHLAND, VA 23063-2638

Transferred To (Grantee/Buyer)

NameVerified Name
Address25252 PLANTING FIELD DR, CHANTILLY, VA 20152-4459

Mortgage

Document Number0000360051
DateJan 25, 2021
Instrument360051
Lender
NameMOVEMENT MORTGAGE
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term361 Months
DueFeb 1, 2051

Tax Assessment & Valuation

The 2025 property tax bill for 1116 Schoolhouse Ln was $5,541, up 0.3% from the year before.

Source: Currituck County assessment roll, as of December 2, 2025

Property Jurisdictions

TypeName
StateNorth Carolina
CountyCurrituck County
Unified School DistrictCurrituck County Schools (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$5,541.00 (+0.29%)$722,700 (-) Land $225,500 Building $497,200
2024$5,525.00 (+12.05%)$722,700 (-) Land $225,500 Building $497,200
2023$4,931.00 (+19.66%)$722,700 (-) Land $225,500 Building $497,200$722,700 (-) Land $225,500 Building $497,200
2022$4,121.00$722,700 Land $225,500 Building $497,200$722,700 (-) Land $225,500 Building $497,200
2021$722,700 Land $225,500 Building $497,200

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 1116 Schoolhouse Ln in Zone X, an area of minimal flood risk, though there have been 390 flood claims nearby since 1989.

Source: FEMA National Flood Hazard Layer, effective June 18, 2020 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on File
median of 1,596 individual policies
Community Rating SystemClass 6 (20% premium discount)
Nearby Flood Policies1,634 units insured
incl. 38 condo units
Nearby Flood Claims390 (1989–2026)
Claims Outside the SFHA313 of 390
Most Recent ClaimJan 2026 · rainfall accumulation
Claims by Event
  • Hurricane Dorian, Sep 2019 · 18 claims
  • Hurricane Matthew, Oct 2016 · 64 claims
  • Hurricane Irene, Aug 2011 · 20 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 1116 Schoolhouse Ln is moderate, ranking above 42% of the US, with a 0.04% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskModerate
above 42% of the US · above 62% of North Carolina
Wildfire Likelihood0.04% annual chance
ExposureDirect
burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemSOUTHERN OUTER BANKS WTR SYST
serves 8,209 people · EPA ID NC6027001
Water SourceGroundwater
Last State InspectionAug 2025
LeadUnder 1 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 206 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20
Starlink
Satellite
280 / 30
T-Mobile
Fixed Wireless
100 / 20

Nearby Properties on Schoolhouse Ln

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