NOT LISTED FOR SALE

1010 Corolla Dr Corolla, NC 27927

Estimated Value: $918,573 - $1,002,000

6 Beds
5.5 Baths
2,772 Sq Ft
$347/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $930,000 $335 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,426/month

180 Days on Market

Highlights

  • Beach Access
  • Contemporary Architecture
  • Furnished
  • In Ground Pool
  • Cathedral Ceiling
  • Quartz Countertops

About This Home

As of March 2023

Talk about space! This 6 bedroom 5.5 bath house sits on a huge lot convenient to the Herring St beach access. There is a deep green buffer at the back of the property, ample room for parking, a volleyball area, decks galore, and that's just outside. Inside, the reverse floor plan showcases the upper level open living area with natural light, cathedral ceilings and a private Master ensuite. The top level deck has expansive room for dining al fresco and entertaining. The mid level offers more bedrooms with covered deck access and another Master en suite. The ground level has another guest room and an additional room (perfect for an office) and a full bath, as well as a spacious game room complete with wet bar and pool table. The large 14x36' pool has plenty of surrounding deck area to sunbathe in the Carolina sunshine or enjoy the hot tub. This property offers a short walk to the beach and is convenient to all the great restaurants, shopping and attractions of the northern beaches.

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 08/22/2022

Keller Williams - Outer Banks

Co-Listed By

Terry Blocher

Keller Williams - Outer Banks License #271673

Last Buyer's Agent

Jeffrey Robinson

SAGA Realty and Construction License #297587

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,973

Year Built

  • Built in 2002

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Level Lot
  • Property is zoned SFO

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,772 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot lot #66

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,973

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: Ocean Trail north to right onto Herring St to left onto Corolla Drive. Property is on the left.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: Close to the Beach Access!
  • Heated Sq Ft: 2772
  • L V T Date: 08/22/2022
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 6
  • Waterfront Location: More than 5th row
  • Zoning: SFO
  • Advertised Income 2021: 80800
  • Advertised Income 2022: 79767
  • Deed Book Pg Number: 92
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 6
  • Countertops: Quartz
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Tile, Wood Laminate
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Some Windows Treated, Washer Connection
  • Optional Rooms: Breakfast Nook, Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Size: 100x200
  • Lot Number: lot #66
  • Estimated Lot Size: 0.46
  • Deed Book: 1673

Rental Info

  • Est Annual Rental Income: 88233
  • Estimated Rental Performance: 0.0949
  • Flood Expenses: 625
  • Lease Terms: Weekly
  • Poolspa Expense: 4000
  • Rental Co: Village Realty
  • Rental Cottage Name: Blue You Away
  • Rental Cottage Number: WH-606
  • Rental Phone Number: 252-480-2224
  • Rental Turnover Day: SATURDAY
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 3000
  • Annual Electric: 3200
  • Annual Water Expense: 1200
  • Rental Contact Email: ownerrelations@vrobx.com
  • Rental Contact Name: Jana Horn
  • Rental Contact Phone: 252-480-2224

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2022
  • Taxes: 3973

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Mar 20, 2023
Sold by
Oak Island Acb Llc
Bought by
Donley Mark J
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Jeffrey Robinson
SAGA Realty and Construction
List Price
$1,099,000
Sold Price
$930,000
Premium/Discount to List
-$169,000
-15.38%
Views
114
Current Estimated Value
$963,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,143
Avg. Annual Appreciation
1.29%
Original Mortgage
$726,200
Outstanding Balance
$702,573
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$260,570

Purchase Details

Closed on
Jan 1, 2022
Sold by
Oak Island Renovation Llc
Bought by
Oak Island Acb Llc

Purchase Details

Listed on
Oct 8, 2018
Closed on
Jun 25, 2019
Sold by
Equity Trust Company
Bought by
Oak Is And Renovation Llc
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$550,000
Sold Price
$510,000
Premium/Discount to List
-$40,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%

Purchase Details

Listed on
Sep 9, 2013
Closed on
Dec 30, 2013
Sold by
Carroll Joseph T and Carroll Nora L
Bought by
Equity Trust Company and Donald Agustin Ira
Seller's Agent
Toy Warden
RE/MAX Coastal Associates - Outer Banks
Buyer's Agent
Robert Godley
Kitty Hawk Land Company
List Price
$525,000
Sold Price
$495,800
Premium/Discount to List
-$29,200
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.52%
Original Mortgage
$200,000
Interest Rate
4.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Donley Mark J $5,580,000 --
Oak Island Acb Llc -- None Available
Oak Is And Renovation Llc $510,000 None Available
Equity Trust Company $496,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donley Mark J $726,200
Previous Owner Equity Trust Company $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2023 03/31/23 Sold $930,000 -2.1% $335 / Sq Ft
02/18/2023 02/18/23 Pending -- -- --
01/03/2023 01/03/23 Price Changed $950,000 -13.6% $343 / Sq Ft
08/22/2022 08/22/22 For Sale $1,099,000 +115.5% $396 / Sq Ft
06/28/2019 06/28/19 Sold $510,000 -2.9% $185 / Sq Ft View Prior Sale
05/25/2019 05/25/19 Pending -- -- --
01/23/2019 01/23/19 Price Changed $525,000 -4.5% $191 / Sq Ft
10/08/2018 10/08/18 For Sale $550,000 +10.9% $200 / Sq Ft
12/31/2013 12/31/13 Sold $495,800 -5.6% $169 / Sq Ft View Prior Sale
11/08/2013 11/08/13 Pending -- -- --
09/09/2013 09/09/13 For Sale $525,000 -- $178 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,742 $513,400 $125,000 $388,400
2024 $4,742 $513,400 $125,000 $388,400
2023 $4,726 $513,400 $125,000 $388,400
2022 $3,973 $513,400 $125,000 $388,400
2021 $3,958 $507,700 $160,000 $347,700
2020 $3,875 $507,700 $160,000 $347,700
2019 $3,873 $507,700 $160,000 $347,700
2018 $3,873 $507,700 $160,000 $347,700
2017 $3,600 $507,700 $160,000 $347,700
2016 $3,625 $507,700 $160,000 $347,700
2015 $3,623 $507,700 $160,000 $347,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120128

Outer Banks Association of REALTORS®

APN: 115A-000-0066-0006