NOT LISTED FOR SALE

1017 Ocean Trail Unit 5 A Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $467,000 - $532,000

2 Beds
2 Baths
787 Sq Ft
$628/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $410,000 $521 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,416/month

12 Days on Market

Highlights

  • Outdoor Pool
  • Granite Countertops
  • Patio
  • Furnished
  • Screened Porch
  • Home Security System

About This Home

As of August 2021

Check out this Oceanside condo retreat built in 2020! 2 bedrooms, 2 full baths with community pool! Enjoy ground floor living with no stairs in an X flood zone! 11 foot ceilings, separate storage, quartz countertops, solid wood cabinets, tiled master shower, luxury vinyl flooring, and cement fiber siding! All new furnishings from Exotic Home and appliances convey! Home is booked solid for 2021 with over $53K in gross rental income! Prepaid one year subscription to Silicon Travel $129. Security equipment conveys which includes phone app controlled door lock, thermostat, and security system (alarm) and 3 years prepaid security service to convey managed by Johns Brothers Security and Alarm.com at a Cost of $2500! This won't last long, make your appointment today! HOA includes all insurances including contents, water, trash, sewer, maintenances and reserves, internet, and basic cable!

Last Agent to Sell the Property

Catherine Strachan

Brindley Beach Vacations & Sales-Duck License #246162 Listed on: 05/28/2021

Co-Listed By

Edith Rowe

Brindley Beach Vacations & Sales-Duck License #188824

Last Buyer's Agent

Catherine Strachan

Brindley Beach Vacations & Sales-Duck License #246162 Listed on: 05/28/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 2020

Lot Details

  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Zero Lot Line

HOA Fees

  • $488 Monthly HOA Fees

Home Design

  • Bungalow
  • Property Attached
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 787 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Screened Porch
  • Carpet

Kitchen

  • Oven or Range
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Outdoor Pool
  • Patio
  • Storage Shed

Utilities

  • Central Air
  • Heating Available
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Desiree Anderson Association, Phone Number (252) 500-0100
  • Beacon Quarters Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,200

Year Built

Built in 2020

Lot Details

0

HOA Fees

$488 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Bungalow
  • Directions: NC 12 East side of road, directly south of Brindley Beach Corolla building.
  • Extras: Ceiling Fan(s), Landscaped, Lawn Sprinklers, Patio, Screened Porch, Security System, Smoke Detector(s), Storage Shed
  • Flood Zone: X
  • Heated Sq Ft: 787
  • L V T Date: 05/28/2021
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Advertised Income 2021: 53408
  • Deed Book Pg Number: 27
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C14121
  • 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 w/Ice Maker, Washer
  • Bedrooms: 2
  • Countertops: Granite
  • Floor Coverings: Carpet, Vinyl Tile
  • Foundation: Slab
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Ensuite, Pantry, 1st Flr Ensuite

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Parking Lot, Paved, Off Street

Utilities

  • Cooling: Central
  • Heating: Electric
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • Condo Type: Attached
  • Association Amenities: Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 5856
  • Hoa Contact: Desiree Anderson
  • HOA Contact: 252-500-0100

Lot Info

  • Lot Description: Level, Zero Lot Line
  • Deed Book: 1549

Rental Info

  • Est Annual Rental Income: 45000
  • Estimated Rental Performance: 0.1098
  • Lease Terms: Variable
  • Rental Co: Managed by Homeowner

Building Info

  • Year Built: 2020

Tax Info

  • Year: 2020
  • Taxes: 1200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2019
Closed on
Jul 22, 2020
Sold by
Florida Obx 13 Llc
Bought by
Pohzehl Michelle Helene and Pohzehl John Richard
Seller's Agent
Sunny Berle
Coldwell Banker Seaside Realty KH
Buyer's Agent
Catherine Strachan
Brindley Beach Vacations & Sales-Duck
List Price
$254,000
Sold Price
$262,000
Premium/Discount to List
$8,000
3.15%
Current Estimated Value
$493,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,905
Original Mortgage
$235,800
Outstanding Balance
$211,767
Interest Rate
3.2%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Pohzehl Michelle Helene $262,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pohzehl Michelle Helene $235,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2021 08/10/21 Sold $410,000 +5.4% $521 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $389,000 +48.5% $494 / Sq Ft
07/27/2020 07/27/20 Sold $262,000 0.0% $333 / Sq Ft
06/27/2020 06/27/20 Price Changed $262,000 +1.9% $333 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
05/13/2020 05/13/20 Price Changed $257,000 +1.2% $327 / Sq Ft
11/13/2019 11/13/19 For Sale $254,000 -- $323 / 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
2024 $2,108 $255,900 $81,200 $174,700
2023 $1,888 $255,900 $81,200 $174,700
2022 $1,786 $255,900 $81,200 $174,700
2021 $1,726 $100,500 $0 $100,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114596

Outer Banks Association of REALTORS®

APN: 115J000005A0000