NOT LISTED FOR SALE

1039 Miller Ct Corolla, NC 27927

Corolla Area

Estimated Value: $684,000 - $898,000

4 Beds
4 Baths
2,775 Sq Ft
$278/Sq Ft Est. Value

Sale Details

Date Sold: March 8, 2022

Last sale price $635,000 $229 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,846 / mo

25 Days on Market

Highlights

  • Community Beach Access
  • Views of a Sound
  • Spa
  • Knotts Island Elementary School Rated 9+
  • Health Club
  • Cathedral Ceiling

About This Home

As of March 2022

Fantastic vacation home in Corolla Light! The Corolla Light community spans from the ocean to the sound, and includes a large "Sports Center" facility with indoor pool, gym, indoor tennis and more. There are also two oceanfront pools, an oceanfront restaurant, ocean access, plenty of kids activities, tennis, and more. It is a very popular community for vacationers and residents! It's a short walk to the beach, and the Corolla Light community also provides trolley service to the beach in the summer! The top floor is open and bright, and features beamed cathedral ceilings. The sliders out to the top level deck let in ample sunlight and showcase the sound views. Watch the 4th of July fireworks over the sound water, from the comfort of your large top deck! The main living space is open to the dining and kitchen. A wood burning fireplace adds comfort during the fall and winter. There is also a large screened porch, perfect for outdoor dining and enjoying the ocean breezes. There's a bedroom and full bathroom on this level. Walk down the stairs and you find another master bedroom with full bathroom, two additional bedrooms and another full bathroom. The ground level is a game room that doubles as an additional bedroom. There is a full bathroom on this level also. The tax records have this home as a 4 bedroom but the owner has been using it and renting it as a 5 bedroom home, due to the flex space on the ground level. The carport allows for a dry entry. And don't forget the outside shower! It's a "must" for a beach vacation. New roof in 2019. A VRBO manager estimates potential for between 70k and 85k gross income per year, through that platform, if marketed and managed correctly.

Last Agent to Sell the Property

Jeanne-Marie DeStefano

Keller Williams Outer Banks KDH License #282161 Listed on: 12/16/2021

Keller Williams Outer Banks KDH

Last Buyer's Agent

Jeanne-Marie DeStefano

Keller Williams Outer Banks KDH License #282161 Listed on: 12/16/2021

Keller Williams Outer Banks KDH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,492

Year Built

  • Built in 1993

Lot Details

  • 7,928

HOA Fees

  • $277 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Pond Views

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 2,775 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Window Treatments
  • Screened Porch

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Shower

Utilities

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

Additional Features

  • Covered Deck
  • Property fronts a private road

Listing and Financial Details

  • Tax Lot 526

Community Details

Overview

  • Association fees include road maintenance, walkways
  • Don Cheek Association
  • Corolla Light Subdivision

Amenities

  • Common Area

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,492

Year Built

Built in 1993

Lot Details

7,928 Sq Ft Lot

HOA Fees

$277 per month

Listing Details

  • Class: RESIDENTIAL
  • Extras: Covered Decks, Hot Tub, Outside Shower, Screened Porch, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: Corolla Light w/ sound views!
  • Heated Sq Ft: 2775
  • L V T Date: 12/16/2021
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: res
  • Deed Book Pg Number: 747
  • 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 w/Ice Maker, Washer
  • Bedrooms: 4
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Tile, Vinyl Tile
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Beamed Ceiling(s), Cathedral Ceiling(s), Some Windows Treated, Wood Fireplace

Exterior Features

  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Pond, Sound

Garage/Parking

  • Garage: Carport

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Road Maintenance, Walkways
  • Association Amenities: Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3329
  • Hoa Contact: Don Cheek
  • HOA Contact: don@corolla-light.com

Lot Info

  • Lot Number: Lot 526
  • Deed Book: 595

Rental Info

  • Est Annual Rental Income: 50995
  • Estimated Rental Performance: 0.0803
  • Rental Co: Managed by Homeowner

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2021
  • Taxes: 2492

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
Dec 16, 2021
Closed on
Mar 8, 2022
Sold by
Bought by
Seller's Agent
Jeanne-Marie DeStefano
Keller Williams Outer Banks KDH
Buyer's Agent
Jeanne-Marie DeStefano
Keller Williams Outer Banks KDH
List Price
$599,000
Sold Price
$635,000
Premium/Discount to List
$36,000
6.01%
Current Estimated Value
$772,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,758
Avg. Annual Appreciation
4.58%

Purchase Details

Listed on
Dec 16, 2021
Closed on
Jan 24, 2022
Sold by
Bought by
Seller's Agent
Jeanne-Marie DeStefano
Keller Williams Outer Banks KDH
Buyer's Agent
Jeanne-Marie DeStefano
Keller Williams Outer Banks KDH
List Price
$599,000
Sold Price
$635,000
Premium/Discount to List
$36,000
6.01%

Purchase Details

Closed on
Jul 2, 2002
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
-- Mann Mcgibney
$1,270 None Listed On Document
$323,100 --
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
Previous Owner $342,000
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
03/08/2022 03/08/22 Sold $635,000 +0.8% $229 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
01/07/2022 01/07/22 Price Changed $630,000 +5.2% $227 / Sq Ft
12/16/2021 12/16/21 For Sale $599,000 -- $216 / 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 $4,310 $524,000 $70,000 $454,000
2024 $4,310 $390,000 $70,000 $320,000
2023 $3,309 $390,000 $70,000 $320,000
2022 $2,515 $390,000 $70,000 $320,000
2021 $2,492 $381,100 $100,000 $281,100
2020 $2,364 $381,100 $100,000 $281,100
2019 $2,364 $381,100 $100,000 $281,100
2018 $2,364 $381,100 $100,000 $281,100
2017 $2,147 $381,100 $100,000 $281,100
2016 $2,147 $381,100 $100,000 $281,100
2015 $2,147 $381,100 $100,000 $281,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117075

Outer Banks Association of REALTORS®

APN: 115B-000-0526-0000

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