NOT LISTED FOR SALE

1017 Ocean Trail Unit 3 B Corolla, NC 27927

Estimated Value: $472,000 - $522,000

2 Beds
2 Baths
871 Sq Ft
$558/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $416,000 $478 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,320/month

23 Days on Market

Highlights

  • In Ground Pool
  • Furnished
  • Central Heating and Cooling System
  • Cathedral Ceiling
  • Bungalow
  • Lap Siding

About This Home

As of June 2022

Beacon Quarters has an on-site community pool and is less than an 8 minute walk to the beach. 11 foot ceilings create a spacious feel, plus there is an attached storage closet for all your beach toys. The kitchen and bathrooms have quartz counter tops, solid wood cabinetry, and a tiled owners shower with glass door. This tastefully appointed condo offers true ground floor living and an open concept living/dining/kitchen. Certainly not least is regular maintenance so you can enjoy your Outer Banks home, not work on the upkeep! Best of all HOA includes EVERYTHING: Water, Sewer, Trash, ALL Insurance Including HO6 Policy, Maintenance and Reserves, High Speed Internet, and Basic Cable.

Last Agent to Sell the Property

Sunny Berle

Coldwell Banker Seaside Realty KH License #299260 Listed on: 05/13/2022

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Stacey White

Howard Hanna - Elizabeth City License #205721

Howard Hanna - Elizabeth City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,754

Year Built

  • Built in 2020

Lot Details

  • 871 Sq Ft Lot
  • Property fronts a private road

HOA Fees

  • $599 Monthly HOA Fees

Home Design

  • Bungalow
  • Property Attached
  • Entry on the 1st floor
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding

Interior Spaces

  • 871 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Municipal Utilities District Water

Community Details

Overview

  • Association Consultants, Llc Association, Phone Number (252) 500-0100
  • Beacon Quarters Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,754

Year Built

Built in 2020

Lot Details

0

HOA Fees

$599 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Bungalow
  • Heated Sq Ft: 871
  • L V T Date: 05/28/2022
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Zoning: RES
  • Deed Book Pg Number: 189
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2
  • Floor Coverings: Wood Laminate
  • Foundation: Slab
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s)

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, In Ground, Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Parking Lot, Paved, Off Street

Utilities

  • Cooling: Central
  • Heating: Central, Electric
  • Water: Municipal

Condo/Co-op/Association

  • Condo Type: Attached
  • Association Amenities: Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 7188
  • Hoa Contact: Association Consultants, LLC
  • HOA Contact: 252-500-0100

Lot Info

  • Estimated Lot Sq Ft: 871
  • Estimated Lot Size: 0.02
  • Deed Book: 1638

Rental Info

  • Rental Co: KEES Vacation Rentals

Building Info

  • Year Built: 2020

Tax Info

  • Year: 2021
  • Taxes: 1753.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jul 9, 2021
Sold by
David Lancellotti
Bought by
Helen And Gregory King Revocable Trust
Seller's Agent
Sunny Berle
Coldwell Banker Seaside Realty KH
Buyer's Agent
Madonna VanCuren
Coldwell Banker Seaside Realty - KDH
List Price
$385,000
Sold Price
$385,000
Current Estimated Value
$486,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,437
Avg. Annual Appreciation
5.38%
Original Mortgage
$308,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2020
Closed on
Aug 20, 2020
Sold by
Florida Obx 13 Llc
Bought by
Lancellotti David and Mathews Brittany
Seller's Agent
Sunny Berle
Coldwell Banker Seaside Realty KH
Buyer's Agent
Sunny Berle
Coldwell Banker Seaside Realty KH
List Price
$264,000
Sold Price
$264,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.38%
Original Mortgage
$237,600
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2020
Closed on
Jun 30, 2020
Sold by
Drew King Helen
Bought by
Ryan Shawn Michael and Ryan Lisa
Seller's Agent
Sunny Berle
Coldwell Banker Seaside Realty KH
Buyer's Agent
Sunny Berle
Coldwell Banker Seaside Realty KH
List Price
$264,000
Sold Price
$264,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,600
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Helen And Gregory King Revocable Trust $1,925,000 Sharp Graham Baker & Varnell L
Lancellotti David $264,000 None Available
Ryan Shawn Michael $416,000 Twiford Law Firm
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Helen And Gregory King Revocable Trust $308,000
Previous Owner Lancellotti David $237,600
Previous Owner Ryan Shawn Michael $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2022 06/30/22 Sold $416,000 0.0% $478 / Sq Ft
06/05/2022 06/05/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $416,000 +8.1% $478 / Sq Ft
07/16/2021 07/16/21 Sold $385,000 0.0% $489 / Sq Ft View Prior Sale
05/10/2021 05/10/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $385,000 +45.8% $489 / Sq Ft
08/19/2020 08/19/20 Sold $264,000 0.0% $335 / Sq Ft View Prior Sale
06/23/2020 06/23/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $264,000 -- $335 / 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 $2,165 $261,300 $86,600 $174,700
2024 $2,165 $261,300 $86,600 $174,700
2023 $2,437 $261,300 $86,600 $174,700
2022 $1,769 $261,300 $86,600 $174,700
2021 $1,754 $100,400 $0 $100,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119060

Outer Banks Association of REALTORS®

APN: 115J000003B0000