NOT LISTED FOR SALE

1017 Ocean Trail Unit 9 A Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $467,000 - $492,000

2 Beds
2 Baths
787 Sq Ft
$609/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $385,000 $489 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,336/month

7 Days on Market

Highlights

  • Outdoor Pool
  • Patio
  • En-Suite Primary Bedroom
  • Furnished
  • Bungalow
  • Landscaped

About This Home

As of October 2021

Fantastic opportunity to own an 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, silestone countertops, solid wood cabinets, tiled master shower, luxury vinyl flooring, and low maintenance cement fiber siding! Beautifully decorated and sold fully furnished! Strong rental income, booked solid for 2021 with over $39,000 in gross rental income! Located in the heart of Corolla and only a short walk or bike ride to shops, restaurants, or the beach! HOA includes all insurances including contents, water, trash, sewer, maintenances and reserves, internet, and basic cable!

Last Agent to Sell the Property

Edith Rowe

Brindley Beach Vacations & Sales-Duck License #188824 Listed on: 08/23/2021

Co-Listed By

Catherine Strachan

Brindley Beach Vacations & Sales-Duck License #246162

Last Buyer's Agent

Sarah Pritchard

SAGA Realty and Construction License #310311

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 2020

Lot Details

  • Property fronts a private road
  • Lot includes common area
  • 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
  • Window Treatments
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

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

Parking

  • Paved Parking
  • Parking Lot
  • Off-Street Parking
  • Reserved Parking

Outdoor Features

  • Outdoor Pool
  • Patio
  • Storage Shed

Utilities

  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

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

Amenities

  • Common Area

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
  • Extras: Ceiling Fan(s), Landscaped, Lawn Sprinklers, Patio, Smoke Detector(s), Storage Shed
  • Flood Zone: X
  • Subdivision Name: Beacon Quarters
  • Headline: Turn Key!
  • Heated Sq Ft: 787
  • L V T Date: 08/23/2021
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Advertised Income 2021: 43365
  • 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, Microwave, Range/Oven, Refrigerator w/Ice Maker, Stackable Washer/Dryer
  • Bedrooms: 2
  • Countertops: Silestone
  • Floor Coverings: Vinyl Tile
  • Foundation: Slab
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Ice Maker Connection, Ensuite, Pantry, Washer Connection, 1st Flr Ensuite
  • Optional Rooms: Pantry

Exterior Features

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

Garage/Parking

  • Parking: Parking Lot, Paved, Reserved, Off Street

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Description: Adj. To Common Area, Level, Zero Lot Line
  • Deed Book: 1549

Rental Info

  • Lease Terms: Variable
  • Rental Co: KEES Vacation Rentals
  • Rental Cottage Name: Triton's Treasure
  • Rental Cottage Number: K4207
  • Rental Phone Number: 866-316-1843
  • Rental Contact Name: Bonnie Lewis
  • Rental Contact Phone: 866-316-1843

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
Sep 21, 2020
Sold by
Florida Obx 13 Llc
Bought by
Arce Angel Luis and Arce William
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
Current Estimated Value
$479,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,537
Original Mortgage
$235,800
Outstanding Balance
$211,260
Interest Rate
2.8%
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
Arce Angel Luis $262,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arce Angel Luis $235,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $385,000 -3.5% $489 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $399,000 +52.3% $507 / Sq Ft
09/21/2020 09/21/20 Sold $262,000 0.0% $333 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $262,000 0.0% $333 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
05/13/2020 05/13/20 Price Changed $262,000 +1.2% $333 / Sq Ft
11/13/2019 11/13/19 For Sale $259,000 -- $329 / 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 $2,115 $255,900 $81,200 $174,700
2023 $1,893 $255,900 $81,200 $174,700
2022 $1,786 $255,900 $81,200 $174,700
2021 $1,726 $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: 115828

Outer Banks Association of REALTORS®

APN: 115J000009A0000