NOT LISTED FOR SALE

1034 Corolla Dr Corolla, NC 27927

Corolla Area

Estimated Value: $1,185,437 - $2,724,000

8 Beds
8.5 Baths
4,221 Sq Ft
$380/Sq Ft Est. Value

Sale Details

Date Sold: February 3, 2022

Last sale price $920,000 $218 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $9,298 / mo

66 Days on Market

Highlights

  • Beach Access
  • In Ground Pool
  • Whirlpool Bathtub
  • Knotts Island Elementary School Rated 9+
  • Second Refrigerator
  • Furnished

About This Home

As of February 2022

From two dishwashers to two refrigerators to wrap-around decking to the outstanding rental projection and potential, THIS HOME IS A WINNER IN ALL CATEGORIES! It is a home to add your personal touches to and make it your vision going forward. It’s all there…elevator, 8 bedroom en-suites, spacious bedrooms, game room with pool table and foosball, open and airy great room with ample dining area and seating for everyone. Private heated pool, spa, pool sun decking with pool furnishings, grill, toys, etc., etc. Gas fireplace, tankless hot water heater, attic fans, ceiling fans, high performance Andersen windows and doors, solid structure, and lots of decking. Grab this one quick – it’s a good one!!

Last Agent to Sell the Property

Jack & Carol Riggle

Outer Banks Realty Group License #185778 Listed on: 10/01/2021

Co-Listed By

Carol Riggle

Outer Banks Realty Group License #207024

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,872

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 100 x 200
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 4,221 Sq Ft Home
  • Elevator
  • Furnished
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Shower

Outdoor Features

  • Beach Access

Utilities

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

Community Details

  • George Mears Association
  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 67

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,872

Year Built

Built in 2006

Lot Details

0.46 Acres

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Ocean Trail to Herring Street; turn at Corolla Drive and proceed to 1034 on the left.
  • Extras: Beach Access, Elevator, Outside Shower, Whirlpool/Spa, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Whalehead Club
  • Headline: 8 Bed Charmer in Whalehead
  • Heated Sq Ft: 4221
  • L V T Date: 10/02/2021
  • Roads: Public
  • Sale/Rent: For Sale
  • Section: 5
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Residentia
  • Deed Book Pg Number: 213
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C25379
  • 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, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Bedroom 1: King Mstr, On Level: 3
  • Bedroom 2: King Mstr, On Level: 2
  • Bedroom 3: King Mstr, On Level: 2
  • Bedroom 4: King Mstr, On Level: 2
  • Bedroom 5: Twin Mstr, On Level: 2
  • Bedroom 6: King Mstr, On Level: 1
  • Bedroom 7: Dbl Bunks, On Level: 1
  • Bedroom 8: Dbl Bunks, On Level: 1
  • Kitchen: On Level: 3
  • Countertops: Laminate
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Gas Fireplace, Some Windows Treated
  • Dining Room: On Level: 3
  • Game Room: Pool Rm, On Level: 1
  • Living Room: On Level: 3
  • Optional Room 3: Ext Storag, On Level: 1
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Shakes, Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Central, Heat Pump
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Estimated Annual Fee: 45
  • Hoa Contact: George Mears
  • HOA Contact: WPOA.org

Lot Info

  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 100 x 200
  • Lot Number: Lot 67
  • Deed Book: 1185

Rental Info

  • Est Annual Rental Income: 127000
  • Estimated Rental Performance: 0.138
  • Rental Contact Name: Corolla Classic Rental Projection in Assoc Docs

Building Info

  • Year Built: 2006

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2021
  • Taxes: 4872.47

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
Oct 1, 2021
Closed on
Jan 24, 2022
Sold by
Bought by
Seller's Agent
Jack & Carol Riggle
Outer Banks Realty Group
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$954,900
Sold Price
$920,000
Premium/Discount to List
-$34,900
-3.65%
Current Estimated Value
$1,603,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$683,109
Avg. Annual Appreciation
12.95%
Original Mortgage
$736,000
Outstanding Balance
$669,208
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$933,901

Purchase Details

Closed on
Jan 13, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2010
Sold by
Bought by

Purchase Details

Closed on
Jan 8, 2010
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Corolla, NC

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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
$5,520,000 Hobbs Robert B
$635,000 None Available
$720,000 None Available
-- None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $736,000
Previous Owner $351,750
Previous Owner $417,000
Previous Owner $777,600
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
02/03/2022 02/03/22 Sold $920,000 -3.7% $218 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $954,900 0.0% $226 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $954,900 -- $226 / 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 $6,001 $650,800 $125,000 $525,800
2024 $6,001 $650,800 $125,000 $525,800
2023 $5,985 $650,800 $125,000 $525,800
2022 $4,887 $650,800 $125,000 $525,800
2021 $4,872 $611,500 $160,000 $451,500
2020 $4,581 $611,500 $160,000 $451,500
2019 $4,581 $611,500 $160,000 $451,500
2018 $4,581 $611,500 $160,000 $451,500
2017 $4,255 $611,500 $160,000 $451,500
2016 $4,286 $611,500 $160,000 $451,500
2015 $4,286 $611,500 $160,000 $451,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116328

Outer Banks Association of REALTORS®

APN: 115A-000-0067-0005

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