NOT LISTED FOR SALE

1031 Corolla Dr Corolla, NC 27927

Estimated Value: $788,000 - $1,044,000

7 Beds
5.5 Baths
3,084 Sq Ft
$302/Sq Ft Est. Value

Sale Details

Date Sold: May 17, 2019

Last sale price $382,200 $124 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $5,450 / mo

10 Days on Market

Highlights

  • In Ground Pool
  • Game Room
  • Sun Deck
  • Coastal Architecture
  • Fenced Yard
  • Level Lot

About This Home

As of May 2019

Beat deal in Whalehead! Great rental potential for this 7 bedroom, 5 full and 1 half bath home. Pool, hot tub, game room and ample decks combine for a fun vacation experience! Reverse floor plan, large paved parking pad, low maintenance vinyl siding, open and light top floor. Only 4 lots from walkway to beach access.

Last Agent to Sell the Property

Wayne Strickland

Stellar Properties License #190095 Listed on: 04/15/2019

Co-Listed By

Laura Strickland

Stellar Properties License #264696

Last Buyer's Agent

Bucky Harrison

Beach Realty & Construction-KH License #236016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,950

Year Built

  • Built in 1997

Lot Details

  • 20,000 Sq Ft Lot
  • Fenced Yard
  • Level Lot

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,084 Sq Ft Home
  • Game Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Spa

Outdoor Features

  • Sun Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 58

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,950

Year Built

Built in 1997

Lot Details

0.46 Acres

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Bank Owned: Yes
  • Directions: From Hwy 12 - turn east on Shad to right on Corolla Dr
  • Extras: Fenced Yard, Hot Tub, Sun Deck
  • Flood Zone: X
  • Headline: FORECLOSURE OPPORTUNIITY!
  • Heated Sq Ft: 3084
  • L V T Date: 04/15/2019
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 5
  • Zoning: Res
  • Deed Book Pg Number: 582
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C22927
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 7
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl, Wood Laminate
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Interior Amenities: Dryer Connection, Washer Connection
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Faces: W
  • Lot Number: Lot 58
  • Estimated Lot Size: 0.46
  • Deed Book: 1469

Building Info

  • Year Built: 1997

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2018
  • Taxes: 3950

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2019
Closed on
Apr 26, 2019
Sold by
Bought by
Seller's Agent
Wayne Strickland
Stellar Properties
Buyer's Agent
Bucky Harrison
Beach Realty & Construction-KH
List Price
$445,000
Sold Price
$382,200
Premium/Discount to List
-$62,800
-14.11%
Current Estimated Value
$929,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,738
Avg. Annual Appreciation
13.34%

Purchase Details

Closed on
Jan 17, 2019
Sold by
Bought by

Purchase Details

Closed on
May 21, 1999
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$382,500 None Available
$550,414 None Available
$330,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/17/2019 05/17/19 Sold $382,200 -14.1% $124 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $445,000 -- $144 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,131 $551,500 $175,000 $376,500
2024 $5,115 $551,500 $175,000 $376,500
2023 $4,626 $547,600 $175,000 $372,600
2022 $4,322 $547,600 $175,000 $372,600
2021 $4,307 $481,800 $170,000 $311,800
2020 $3,862 $481,800 $170,000 $311,800
2019 $3,777 $503,600 $170,000 $333,600
2018 $3,938 $503,600 $170,000 $333,600
2017 $3,669 $503,600 $170,000 $333,600
2016 $3,695 $503,600 $170,000 $333,600
2015 $3,695 $503,600 $170,000 $333,600
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2019

    Wayne Strickland

    Stellar Properties

    Section Image
  • Laura Strickland

    Seller Co-Listing Agent in 2019

    Laura Strickland

    Stellar Properties

    (252) 489-9218

    24 Total Sales

    Laura Strickland
    Section Image

  • B

    Buyer's Agent in 2019

    Bucky Harrison

    Beach Realty & Construction-KH

    (252) 261-3815

    24 Total Sales

    Bucky Harrison
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 104741

Outer Banks Association of REALTORS®

APN: 115A-000-0058-0005

North Carolina Currituck County Corolla 27927

1031 Corolla Dr, Corolla, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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