1017 Ocean Trail Unit 4 A Corolla, NC 27927
Corolla Neighborhood
2
Beds
2
Baths
781
Sq Ft
871
Sq Ft Lot
Highlights
- Outdoor Pool
- Furnished
- Bungalow
- Cathedral Ceiling
- Quartz Countertops
- Luxury Vinyl Plank Tile Flooring
About This Home
As of August 2023Welcome to your dream beach getaway in the most desirable area of the Outer Banks, Corolla! This charming and meticulously maintained 2-bedroom, 2-full bath condo is the perfect investment opportunity for a hassle-free coastal lifestyle. Fully furnished & equipped, this condo is ready for you to start enjoying the beach life. Situated on a ground level with no steps, condo offers desirable for many one level living. Step inside and be amazed by the mint condition of this beautiful unit: everything exudes elegance and comfort. Pre-listing home inspection is just spotless! One of the highlights of this property is its excellent rental history: 2022 rents grossed at 47k, 2023 rents are already at impressive 54k and bookings keep coming! The convenient location, combined with the desirable amenities and perfect condition, makes it a highly desirable vacation spot. With the beach just a short stroll away, you & your guests can indulge in the sun, surf, and sand anytime desired. The community pool and volleyball court provide additional entertainment option. Make lasting memories and enjoy endless fun-filled days with family and friends. Grab your chance now and live your coastal dreams! 3D tour is available.
Last Agent to Sell the Property
Coldwell Banker Seaside Realty KH License #298245 Listed on: 07/05/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,786
Year Built
- Built in 2020
HOA Fees
- $580 Monthly HOA Fees
Home Design
- Bungalow
- Property Attached
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Lap Siding
Interior Spaces
- 781 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Window Treatments
- Luxury Vinyl Plank Tile Flooring
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Quartz Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Paved Parking
- Parking Lot
- Off-Street Parking
Pool
- Outdoor Pool
- Outdoor Shower
Utilities
- Heat Pump System
- Municipal Utilities District Water
Additional Features
- Storage Shed
- Property fronts a private road
Community Details
Overview
- Association fees include building maintenance, cable, common electric, common insurance, flood insurance, grounds maintenance, management, pool, road maintenance, sewer/septic, water, walkways
- Association Consultants Association, Phone Number (252) 500-0100
- Beacon Quarters Subdivision
Amenities
- Common Area
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 5, 2023
Closed on
Aug 21, 2023
Sold by
Teagle James M and Teagle Emily K
Bought by
Harrell Dylan J and Harrell Sherri G
Seller's Agent
Yuliya Hristov
Coldwell Banker Seaside Realty KH
Buyer's Agent
Melanie Day
Landmark Sotheby's International Realty
List Price
$465,000
Sold Price
$475,000
Premium/Discount to List
$10,000
2.15%
Views
48
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,382
Avg. Annual Appreciation
1.07%
Original Mortgage
$380,000
Outstanding Balance
$373,400
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$110,982
Purchase Details
Listed on
Feb 4, 2022
Closed on
Mar 21, 2022
Sold by
Mcloughlin and Holly
Bought by
Teagle James M and Teagle Emily K
Seller's Agent
John Head
Resort Realty - Frisco
Buyer's Agent
Yuliya Hristov
Coldwell Banker Seaside Realty KH
List Price
$415,000
Sold Price
$415,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%
Original Mortgage
$352,750
Interest Rate
4.16%
Mortgage Type
Balloon
Purchase Details
Listed on
Jun 25, 2020
Closed on
Sep 11, 2020
Sold by
Florida Obx 13 Llc
Bought by
Mcloughlin John and Mcloughlin Holly
Seller's Agent
Sunny Berle
Coldwell Banker Seaside Realty KH
Buyer's Agent
Sunny Berle
Coldwell Banker Seaside Realty KH
List Price
$262,000
Sold Price
$262,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.07%
Original Mortgage
$209,690
Interest Rate
2.9%
Mortgage Type
New Conventional
Similar Homes in Corolla, NC
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,850,000 | None Listed On Document | |
| Warranty Deed | $2,490,000 | Evans & Meads Pllc | |
| Warranty Deed | $262,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $380,000 | New Conventional | |
| Previous Owner | $352,750 | Balloon | |
| Previous Owner | $209,690 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2023 08/21/23 | Sold | $475,000 | +2.2% | $608 / Sq Ft |
| 07/07/2023 07/07/23 | Pending | -- | -- | -- |
| 07/05/2023 07/05/23 | For Sale | $465,000 | +12.0% | $595 / Sq Ft |
| 03/25/2022 03/25/22 | Sold | $415,000 | 0.0% | $527 / Sq Ft |
| 02/12/2022 02/12/22 | Pending | -- | -- | -- |
| 02/04/2022 02/04/22 | For Sale | $415,000 | +58.4% | $527 / Sq Ft |
| 09/11/2020 09/11/20 | Sold | $262,000 | 0.0% | $333 / Sq Ft |
| 07/29/2020 07/29/20 | Pending | -- | -- | -- |
| 06/25/2020 06/25/20 | For Sale | $262,000 | -- | $333 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $2,115 | $255,900 | $81,200 | $174,700 |
| 2023 | $2,115 | $255,900 | $81,200 | $174,700 |
| 2022 | $1,786 | $255,900 | $81,200 | $174,700 |
| 2021 | $1,771 | $100,400 | $0 | $100,400 |
Source: Public Records
Agents Affiliated with this Home
-
Yuliya Hristov
Seller's Agent in 2023
Yuliya Hristov
Coldwell Banker Seaside Realty KH
(252) 305-9619
6 in this area
56 Total Sales
-
Melanie Day
Buyer's Agent in 2023
Melanie Day
Landmark Sotheby's International Realty
(252) 207-6138
81 in this area
240 Total Sales
-
H
Buyer Co-Listing Agent in 2023
Helen 'Chris' Corbett
Landmark Sotheby's International Realty
(703) 967-1191
-
John Head
Seller's Agent in 2022
John Head
Resort Realty - Frisco
2 in this area
186 Total Sales
-
Seller's Agent in 2020
Sunny Berle
Coldwell Banker Seaside Realty KH
(813) 480-0445
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 122690
APN: 115J000004A0000
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