NOT LISTED FOR SALE

1038 Amory Ct Corolla, NC 27927

Estimated Value: $1,218,000 - $1,319,000

6 Beds
6.5 Baths
3,600 Sq Ft
$357/Sq Ft Est. Value

Last Sold June 25, 2013

Last sale price $730,000 $203 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $7,576/month

286 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • In Ground Pool
  • Views of a Sound
  • Home fronts a sound
  • Second Refrigerator

About This Home

As of June 2013

Beautiful soundfront home in exclusive Corolla Light! Enjoy the numerous amentities offered by Corolla Light during any season, such as the oceanfront pool, the soundside pool, several tennis courts, the indoor sports complex with pool, tennis, raquetball, and workout room OR relax at your own exquisite soundfront home with gorgeous views, private pool and hot tub. 6 bedrooms, 6 1/2 baths, a gameroom with kitchenette, a welcoming tiled foyer, and a beautiful decor make this house all that you could want in your OBX home. Nicely landscaped and maintained. The legendary Currituck Sound sunsets are just a bonus. Come and see!

Last Agent to Sell the Property

Debra Price

Debbie Price, Broker License #108320 Listed on: 07/09/2012

Last Buyer's Agent

John Booth

Brindley Beach Vacations & Sal License #188803

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,768

Year Built

  • Built in 2002

Lot Details

  • Home fronts a sound
  • Property fronts a private road
  • Cul-De-Sac
  • Lot includes common area
  • Landscaped

HOA Fees

  • $252 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,600 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Views of a Sound
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower
  • Fiberglass Pool

Outdoor Features

  • Sun Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 505

Community Details

Overview

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

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Boardwalk
  • 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

$3,768

Year Built

Built in 2002

Lot Details

0

HOA Fees

$252 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Turn West on Amory Ct. from Hwy. 12. House is on Left at soundfront.
  • Extras: Ceiling Fan(s), Hot Tub, Landscaped, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: AE, X
  • Subdivision Name: Corolla Light
  • Heated Sq Ft: 3600
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 252
  • Major Subdivision: Corolla Light
  • 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: 6
  • Bedroom 1: King Mstr, On Level: 2
  • Bedroom 2: King Mstr, On Level: 1
  • Bedroom 3: Queen Mstr, On Level: 1
  • Bedroom 4: Twin, On Level: 1
  • Bedroom 5: Queen Mst, On Level: Ground
  • Bedroom 6: Bunks, On Level: Ground
  • Kitchen: open, On Level: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Some Windows Treated, Washer Connection, Wet Bar
  • Dining Room: combo, On Level: 2
  • Game Room: w/Ktchnet, On Level: Ground
  • Living Room: spacious, On Level: 2
  • Optional Room 2: Sitting RM, On Level: 1
  • Optional Rooms: Foyer, Game Room, Shipswatch
  • Partial Bathrooms: 1
  • Optional Room 1: ShipsWatch, On Level: 3

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: yes
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool Type: Outdoor, In Ground, Fiberglass
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: ample
  • View: Sound

Garage/Parking

  • Garage: 1 Car, 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: Common Electric, Common Insurance, Management, Pool, Road Maintenance, 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, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3018
  • Hoa Contact: Don Cheek
  • HOA Contact: 453-2455
  • Home Owner Dwelling Insurance: 5154

Lot Info

  • Lot Description: Adj. To Common Area, Cul-de-sac, Water Frontage
  • Lot Size: irregular
  • Lot Number: Lot 505
  • Deed Book: 562

Rental Info

  • Est Annual Rental Income: 46150
  • Estimated Rental Performance: 0.0632
  • Flood Expenses: 1992
  • Lease Terms: Weekly
  • Maintenance Expenses: 1231
  • Other Expenses: 2606
  • Poolspa Expense: 4142
  • Rental Co: Vacasa - North
  • Rental Cottage Name: Irish 4 Shore
  • Rental Cottage Number: 505
  • Rental Phone Number: 453-9660
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 713
  • Annual Electric: 3015
  • Annual Telephone Expense: 457
  • Annual Water Expense: 621

Building Info

  • Year Built: 2002

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 3768

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2024
Sold by
Palmieri Gregory J and Palmieri Barbara D
Bought by
Edwards Brian and Edwards Rachelle
Current Estimated Value
$1,283,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$296,911
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$986,889

Purchase Details

Listed on
Jul 9, 2012
Closed on
Jun 3, 2013
Sold by
Neville Richard F and Neville Alison D
Bought by
Palmieri Gregory J and Palmieri Barbara D
Seller's Agent
Debra Price
Debbie Price, Broker
Buyer's Agent
John Booth
Brindley Beach Vacations & Sal
List Price
$848,000
Sold Price
$730,000
Premium/Discount to List
-$118,000
-13.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$547,500
Interest Rate
3.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Edwards Brian $1,206,500 None Listed On Document
Palmieri Gregory J $730,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Brian $300,000
Previous Owner Palmieri Gregory J $547,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2013 06/25/13 Sold $730,000 -13.9% $203 / Sq Ft
04/21/2013 04/21/13 Pending -- -- --
07/09/2012 07/09/12 For Sale $848,000 -- $236 / 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 $5,892 $756,600 $240,000 $516,600
2023 $5,892 $756,600 $240,000 $516,600
2022 $4,351 $756,600 $240,000 $516,600
2021 $4,335 $676,900 $240,000 $436,900
2020 $3,912 $676,900 $240,000 $436,900
2019 $3,936 $676,900 $240,000 $436,900
2018 $3,936 $676,900 $240,000 $436,900
2017 $3,570 $676,900 $240,000 $436,900
2016 $3,574 $676,900 $240,000 $436,900
2015 $3,547 $676,900 $240,000 $436,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 75504

Outer Banks Association of REALTORS®

APN: 115B-000-0505-0000