NOT LISTED FOR SALE

1037 Baum Ct Corolla, NC 27927

Estimated Value: $1,050,821 - $1,146,000

6 Beds
5.5 Baths
3,001 Sq Ft
$360/Sq Ft Est. Value

Last Sold August 24, 2021

Last sale price $816,500 $272 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $6,376/month

9 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Outdoor Pool
  • Views of a Sound
  • Home fronts a sound
  • Coastal Architecture

About This Home

As of August 2021

What's more stirring than witnessing an ever changing myriad of brilliant colors splashed across the sky as the sun lazily makes its descent into the glossy waters of the Currituck Sound? How about watching it from your own private sound front oasis and knowing this slice of paradise is yours? Framed within a canopy of native trees in the coveted Corolla Light community, this beautiful 6-bedroom, 5 1/2-bath home is quite remarkable. Used as a second home only since 2015, the owners have meticulously kept up with maintenance and updates both inside and outside the home. It's move-in ready and/or rental ready, whichever your heart desires. Rental projections show it grossing around $85,000 seasonally! The open concept living area is bathed in natural sunlight and the furniture is tasteful and stylish, yet comfortable. Extras include two dry entries on the ground floor, cathedral ceilings, a master en suite with walk-in closet, a gas fireplace, security system, central vac system and jetted tub. There's a second living area/den mid-floor and a game room with second fridge on the ground floor adjacent to the outdoor pool/hot tub area. There's a screened porch, covered decks and sun decks. What more could you or your guests ask for? Oh, resort amenities? Take a peek at the brochure included in the associated docs. You'll find more than you thought possible!

Last Agent to Sell the Property

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 07/08/2021

Keller Williams - Outer Banks

Co-Listed By

Brittany Johnston

Keller Williams - Outer Banks License #308957

Last Buyer's Agent

Denise Graham

Keller Williams - Outer Banks License #190990

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,433

Year Built

  • Built in 2002

Lot Details

  • 8,276 Sq Ft Lot
  • Home fronts a sound
  • Property fronts a private road
  • Cul-De-Sac

HOA Fees

  • $277 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,001 Sq Ft Home
  • Central Vacuum
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Library
  • Game Room
  • Screened Porch
  • Views of a Sound

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Tuck Under Parking
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Vinyl Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 514

Community Details

Overview

  • Association fees include management, pool, tennis courts
  • Don Cheek Association, Phone Number (252) 453-2455
  • Corolla Light Subdivision

Recreation

  • Community Beach Access
  • Health Club
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,433

Year Built

Built in 2002

Lot Details

0

HOA Fees

$277 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Ceiling Fan(s), Central Vacuum, Covered Decks, Hot Tub, Jet Tub, Outside Shower, Screened Porch, Security System, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Subdivision Name: Corolla Light P.U.D./115B
  • Headline: BEAUTIFUL SOUNDFRONT OASIS
  • Heated Sq Ft: 3001
  • L V T Date: 07/08/2021
  • Phase: 5C
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 775
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Corolla Light
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 6
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Connection, Gas Fireplace, Ensuite, Walk in Closet
  • Optional Rooms: Game Room, Library/Study
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, Vinyl, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Sound

Garage/Parking

  • Garage: 2 Car, Carport
  • Parking: Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Tennis Courts
  • Association Amenities: Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Off Site Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 3329
  • Hoa Contact: Don Cheek
  • HOA Contact: (252) 453-2455
  • Home Owner Dwelling Insurance: 4341

Lot Info

  • Estimated Lot Sq Ft: 8276
  • Lot Description: Cul-de-sac
  • Lot Size: 8276 sq ft / Irregular
  • Lot Number: Lot 514
  • Estimated Lot Size: 0.19
  • Deed Book: 752

Rental Info

  • Flood Expenses: 858
  • Maintenance Expenses: 2000
  • Other Expenses: 340
  • Other Expenses2: 250
  • Poolspa Expense: 2603
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1220
  • Annual Electric: 3006
  • Annual Telephone Expense: 1368
  • Annual Water Expense: 2026

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2020
  • Taxes: 3432.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Aug 14, 2021
Sold by
Vilbert Benjamin F and Donmell Geraldine O
Bought by
Plum Stacy M
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Denise Graham
Keller Williams - Outer Banks
List Price
$789,000
Sold Price
$816,500
Premium/Discount to List
$27,500
3.49%
Current Estimated Value
$1,081,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,205
Avg. Annual Appreciation
6.66%
Original Mortgage
$653,200
Outstanding Balance
$591,391
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$490,314

Purchase Details

Closed on
Feb 26, 2004
Bought by
Vilbert Benjamin F and Odonnell Geraldine Olivia
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

Date Buyer Sale Price Title Company
Plum Stacy M $816,500 None Available
Vilbert Benjamin F $970,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plum Stacy M $653,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2021 08/24/21 Sold $816,500 +3.5% $272 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $789,000 -- $263 / 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 $5,176 $647,000 $220,000 $427,000
2024 $5,145 $647,000 $220,000 $427,000
2023 $4,462 $647,000 $220,000 $427,000
2022 $3,736 $647,000 $220,000 $427,000
2021 $3,721 $596,700 $240,000 $356,700
2020 $3,433 $596,700 $240,000 $356,700
2019 $3,433 $596,700 $240,000 $356,700
2018 $0 $596,700 $240,000 $356,700
2017 $3,200 $596,700 $240,000 $356,700
2016 $3,200 $596,700 $240,000 $356,700
2015 -- $596,700 $240,000 $356,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115121

Outer Banks Association of REALTORS®

APN: 115B-000-0514-0000