$303,000
SOLD NOV 6, 2015
4 Beds
3.5 Baths
2,266 Sq Ft
8,836 Sq Ft Lot

Recently Sold

$134 Per Sq Ft

13% Below List Price

142 Days on Market

Highlights

  • Community Beach Access
  • Spa
  • Clubhouse
  • Health Club
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of May 2022

Spic and Span vacation home in exclusive Corolla Light. Exterior just painted in April 2015 and new upper level HVAC system in November of 2014. Not much left to do but move right in! Enjoy all of the summer amenities that Corolla Light has to offer such as oceanfront and soundside pools, outdoor tennis, soundfront pier and more. Then in the off season or during inclement weather, experience the indoor sports complex just a short walk from the house. A perfect spot to build family memories for years to come.

Last Agent to Sell the Property

Debra Price

Debbie Price, Broker License #108320 Listed on: 05/04/2015

Last Buyer's Agent

Matt Myatt

Keller Williams - Outer Banks License #218707

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,870

Year Built

  • Built in 1993

Lot Details

  • 8,836 Sq Ft Lot
  • Property fronts a private road

HOA Fees

  • $269 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,266 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Pool
  • Outdoor Shower

Utilities

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

Listing and Financial Details

  • Tax Lot 538

Community Details

Overview

  • Association fees include management, pool, road maintenance, security, tennis courts, walkways
  • Don Cheek Association
  • Corolla Light Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,870

Year Built

Built in 1993

Lot Details

0

HOA Fees

$269 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Turn W on Hampton St. from Hwy. 12. House is 2nd on the right.
  • Extras: Ceiling Fan(s), Hot Tub, Outside Shower, Screened Porch, Smoke Detector(s)
  • Flood Zone: AE
  • Heated Sq Ft: 2266
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 782
  • Major Subdivision: Corolla Light
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Ice Machine, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Refrigerator
  • Bedrooms: 4
  • Bedroom 1: King MSTR, On Level: 2
  • Bedroom 2: Queen, On Level: 1
  • Bedroom 3: Queen, On Level: 1
  • Bedroom 4: Bunks, On Level: 1
  • Kitchen: Open, On Level: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Some Windows Treated, Walk in Closet, Washer Connection, Wet Bar, Wood Fireplace
  • Dining Room: Combo, On Level: 2
  • Living Room: Greatroom, On Level: 2
  • Optional Rooms: Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Wood
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: Hot Tub
  • Sun Deck Size: Ample

Garage/Parking

  • Garage: Carport

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Clubhouse, Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Racquetball, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3232
  • Hoa Contact: Don Cheek
  • HOA Contact: 453-2455

Lot Info

  • Estimated Lot Sq Ft: 8836
  • Lot Number: Lot 538
  • Deed Book: 1064

Rental Info

  • Est Annual Rental Income: 17680
  • Estimated Rental Performance: 0.0583
  • Lease Terms: Weekly
  • Other Expenses: 1188
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Corolla Escape
  • Rental Cottage Number: 538
  • Rental Phone Number: 453-3000
  • Rental Turnover Day: Sat.
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 2112
  • Annual Electric: 2000
  • Annual Telephone Expense: 600
  • Annual Water Expense: 1440

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2014
  • Taxes: 1870

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 10, 2022
Sold by
Kennell Carl W
Bought by
Knichel Kyle R and Knichel Courtney
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Tim Lancsek
Surfside Realty
List Price
$670,000
Sold Price
$665,000
Premium/Discount to List
-$5,000
-0.75%
Current Estimated Value
$715,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,664
Avg. Annual Appreciation
2.33%
Original Mortgage
$591,850
Outstanding Balance
$566,322
Interest Rate
5.27%
Mortgage Type
Balloon
Estimated Equity
$149,342

Purchase Details

Listed on
May 4, 2015
Closed on
Nov 5, 2015
Sold by
Patton Charles B
Bought by
Kennell Carl W
Seller's Agent
Debra Price
Debbie Price, Broker
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$350,000
Sold Price
$303,000
Premium/Discount to List
-$47,000
-13.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.75%
Original Mortgage
$272,700
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2014
Sold by
Patton Charles B
Bought by
Charles B Patton Trust and Patton Elizabeth

Purchase Details

Closed on
Oct 1, 2008
Sold by
Hummel Todd W and Hummel Kathleen M
Bought by
Patton Charles B and Patton Kathy M

Purchase Details

Closed on
Mar 15, 2005
Sold by
Painter Alan L and Ellison Brandon J
Bought by
Hummel Todd W and Hummel Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,900
Interest Rate
5.54%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $665,000 Sharp Starkey
Deed $303,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $420,000 None Available
Warranty Deed $499,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $591,850 Balloon
Previous Owner $272,700 New Conventional
Previous Owner $49,900 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Sold $665,000 -0.7% $315 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $670,000 +121.1% $317 / Sq Ft
11/06/2015 11/06/15 Sold $303,000 -13.4% $134 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $350,000 -- $154 / 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 $2,911 $334,600 $70,000 $264,600
2023 $2,911 $334,600 $70,000 $264,600
2022 $2,217 $334,600 $70,000 $264,600
2021 $2,195 $325,100 $100,000 $225,100
2020 $2,059 $325,100 $100,000 $225,100
2019 $2,053 $325,100 $100,000 $225,100
2018 $2,053 $325,100 $100,000 $225,100
2017 $1,870 $325,100 $100,000 $225,100
2016 $1,870 $325,100 $100,000 $225,100
2015 $1,870 $325,100 $100,000 $225,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 87945

Outer Banks Association of REALTORS®

APN: 115B-000-0538-0000