NOT LISTED FOR SALE

1022 Corolla Dr Corolla, NC 27927

Estimated Value: $858,000 - $911,728

4 Beds
5 Baths
2,540 Sq Ft
$344/Sq Ft Est. Value

Last Sold November 29, 2022

Last sale price $919,000 $362 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,913/month

77 Days on Market

Highlights

  • Community Beach Access
  • Coastal Architecture
  • Marble Countertops
  • In Ground Pool
  • Cathedral Ceiling
  • Loft

About This Home

As of November 2022

Purchased several years ago, this home has seen a huge transformation!! Leaving basically only one bathroom to redo and possibly update some furniture to make it yours, everything else has been meticulously handled from the new LVT flooring in the main living room and the kitchen, to the new kitchen with stainless steel farmhouse sink and silestone countertops to the stainless appliances, to the new fortified roof and new pool. It has several cozy nooks to hide out in and read, watch tv or enjoy the serenity a vacation offers. The top level offers one of the ensuite bedrooms with a large sun deck off the front of the home tucked in behind the white tiled wood burning fireplace. The ensuite bath has a new vanity, new flooring, a custom tiled shower stall and new commode. Outside this bedroom is the half bath that is shared for the open spaces on this level. A huge 16' x 12' bonus tv room sits off the kitchen and would be a great spot for family game night. The Kitchen is completely remodeled and ready for any chef to enjoy. Another breakfast / dining nook is up a small flight of stairs for more formal holiday meals. Mid level boasts the other 3 bedrooms, where a queen bedroom is attached to a shared hall bath (the only one needing refresh) and offers covered deck access on the front of the home, next to that is a huge double bunk room for the kids, also offering deck access, and then a large king ensuite bedroom with a huge walk in closet and deck access. The ensuite bathroom has a new vanity and new commode, as well as new floors - the shower stall is original. Head down one flight and get to the laundry room with the bathroom and then to the outside areas. DO NOT MISS the outdoor shower on the back of the home - it's something you would want in your own home!!! Directly on the Barracuda Beach Access walkway you are 915' from the oceanfront. Decent rental as well but has many blocked weeks for current owners to complete all the work they've done to date. Open up that calendar and reap the full benefits or an updated home in Whalehead!

Last Agent to Sell the Property

Kim Endre

Twiddy and Co. - Duck License #220350 Listed on: 07/04/2022

Last Buyer's Agent

Melissa Curry

SAGA Realty and Construction License #330672

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,409

Year Built

  • Built in 1990

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 110 x 198 x 106 x 193
  • Lot includes common area
  • Level Lot

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 2,540 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Library
  • Loft
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Marble Countertops
  • Quartz Countertops
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Pool

  • In Ground Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot #72

Community Details

Overview

  • Built by North Beach Builders
  • Whalehead Club Subdivision

Amenities

  • Common Area

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,409

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: From Ocean Trail heading North - head east (take a right) onto Herring Street. Head North - Turn left - onto Corolla Drive - Home is on the left.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Whalehead Club
  • Headline: WHALEHEAD DREAMS MADE
  • Heated Sq Ft: 2540
  • L V T Date: 07/05/2022
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 6
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Advertised Income 2022: 43700
  • Deed Book Pg Number: 339
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Short Term Rental Restrictions: No
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Marble, Laminate, Silestone, Solid Surface, Quartz
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Wood Laminate, Vinyl Tile, Plank
  • Foundation: Piling, Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection, Wood Fireplace
  • Optional Rooms: Breakfast Nook, Game Room, Library/Study, Loft
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: North Beach Builders
  • Construction: Frame, Wood
  • Exterior: Lap Siding, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 110

Garage/Parking

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

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Forced Air, Heat Pump, Zoned
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Board Walk, Common Area
  • Home Owner Dwelling Insurance: 3087

Lot Info

  • Estimated Lot Sq Ft: 22000
  • Lot Description: Adj. To Common Area, Level
  • Lot Faces: E
  • Lot Size: 110 x 198 x 106 x 193
  • Lot Number: Lot #72
  • Estimated Lot Size: 0.51
  • Deed Book: 1389

Rental Info

  • Flood Expenses: 873
  • Lease Terms: Weekly
  • Other Expenses: 780
  • Other Expenses2: 407
  • Other Insurance Expenses: 345
  • Poolspa Expense: 777
  • Rental Co: Carolina Shores
  • Rental Cottage Name: Life's Porpoise
  • Rental Cottage Number: WH1022
  • Rental Phone Number: 252-715-1901
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1752
  • Annual Electric: 2001
  • Annual Water Expense: 398
  • Rental Contact Email: john@outerbankscarolinavacations.com
  • Rental Contact Name: John Mignogna
  • Rental Contact Phone: (252) 715-1901

Building Info

  • Year Built: 1990

Tax Info

  • Year: 2021
  • Taxes: 3409

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2022
Closed on
Nov 29, 2022
Sold by
Duffhan Llc
Bought by
Vaughan Earl H and Vaughan Theresa
Seller's Agent
Kim Endre
Twiddy and Co. - Duck
Buyer's Agent
Melissa Curry
SAGA Realty and Construction
List Price
$919,000
Sold Price
$919,000
Current Estimated Value
$873,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,818
Avg. Annual Appreciation
-1.65%
Original Mortgage
$510,000
Outstanding Balance
$485,764
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$387,418

Purchase Details

Listed on
Jan 20, 2016
Closed on
Dec 2, 2016
Sold by
Hadshi Borisbi P and Ryckmans Hadshi Anne
Bought by
Duffhan Llc
Seller's Agent
Mark Massey
Outer Banks Realty Group
Buyer's Agent
Glenn Jungen
Twiddy and Company - Corolla
List Price
$415,000
Sold Price
$365,000
Premium/Discount to List
-$50,000
-12.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.67%

Purchase Details

Closed on
Nov 9, 1989
Bought by
Hadshi Borisbi P and Ryckmans-Hadshi Anne
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
Vaughan Earl H $919,000 --
Duffhan Llc $365,000 None Available
Hadshi Borisbi P $73,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughan Earl H $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2022 11/29/22 Sold $919,000 0.0% $362 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
08/23/2022 08/23/22 For Sale $919,000 0.0% $362 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
07/04/2022 07/04/22 For Sale $919,000 +151.8% $362 / Sq Ft
12/02/2016 12/02/16 Sold $365,000 -12.0% $154 / Sq Ft View Prior Sale
10/13/2016 10/13/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $415,000 -- $175 / 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 $4,055 $422,300 $131,300 $291,000
2024 $4,055 $422,300 $131,300 $291,000
2023 $4,039 $422,300 $131,300 $291,000
2022 $3,424 $422,300 $131,300 $291,000
2021 $3,409 $434,000 $168,000 $266,000
2020 $3,423 $434,000 $168,000 $266,000
2019 $3,423 $434,000 $168,000 $266,000
2018 $3,423 $434,000 $168,000 $266,000
2017 $3,016 $410,200 $168,000 $242,200
2016 $3,045 $410,200 $168,000 $242,200
2015 $3,037 $410,200 $168,000 $242,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119577

Outer Banks Association of REALTORS®

APN: 115A-000-0072-0006