NOT LISTED FOR SALE

1040 Mirage St Unit 24 Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $538,000 - $747,000

3 Beds
3.5 Baths
1,616 Sq Ft
$411/mo HOA Fee

Last Sold January 31, 2023

Last sale price $464,000 $287 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,956/month

22 Days on Market

Highlights

  • Health Club
  • Clubhouse
  • Furnished
  • Indoor Pool
  • Cathedral Ceiling
  • Tennis Courts

About This Home

As of January 2023

Welcome to the Mirage Condos! Centrally located in Corolla Light. 3 bedrooms, 3.5 bathrooms free standing condo is a fully furnished turn-key vacation condo. Each bedroom is a Primary Suite with its own private deck or patio. Top floor features kitchen with bar, great room, breakfast area and ½ bathroom. . The mid-level offers 2 bedrooms one with a large jet tub and both with deck access. Ground level has the final of the 3 bedrooms, dry entry with access to carport and outside shower. Also have access to all the Corolla Light great amenities including the indoor pool and fitness center, tennis courts, biking, and walking trails, 4 outdoor life guarded pools, a private security patrol and trolley service within the community during the summer months.

Last Agent to Sell the Property

Steve Marable

Iron Valley Real Estate Elizabeth City License #292727 Listed on: 11/09/2022

Iron Valley Real Estate Elizabeth City

Last Buyer's Agent

Heather McLay

Landmark Sotheby's International Realty License #188982

Landmark Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,816

Year Built

  • Built in 1994

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped

HOA Fees

  • $411 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,616 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • Indoor Pool
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, security, tennis courts
  • Mike Hassett 484 433 9088 Association
  • Mirage Condo Subdivision

Amenities

  • Clubhouse

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,816

Year Built

Built in 1994

Lot Details

0

HOA Fees

$411 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: NC North to Right on Mirage Street
  • Extras: Ceiling Fan(s), Landscaped, Outside Lighting, Outside Shower, Sun Deck
  • Flood Zone: X
  • Subdivision Name: Corolla Light
  • Heated Sq Ft: 1616
  • L V T Date: 11/09/2022
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 3
  • Zoning: SFO
  • Deed Book Pg Number: 197
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Corolla Light
  • Newpoint Media: Yes
  • Office License Number: C36427
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 3
  • Countertops: Laminate, Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Indoor, Outdoor, In Ground, Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts
  • Condo Type: Detached
  • Association Amenities: Clubhouse, Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 4932
  • Hoa Contact: Mike Hassett 484-433-9088
  • HOA Contact: Corolla Light 252-453-24

Lot Info

  • Lot Description: Cul-de-sac, Level
  • Deed Book: 1540

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2022
  • Taxes: 1816

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2024
Sold by
Julian Lloyd V and Julian Anne E
Bought by
Sherman Steven M and Sherman Melissa R
Total Days on Market
22
Current Estimated Value
$596,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,625
Outstanding Balance
$387,574
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$208,864

Purchase Details

Listed on
Nov 9, 2022
Closed on
Jan 18, 2023
Sold by
Salt Life Properties Llc
Bought by
Julian Lloyd V and Julian Anne E
Seller's Agent
Steve Marable
Iron Valley Real Estate Elizabeth City
Buyer's Agent
Heather McLay
Landmark Sotheby's International Realty
List Price
$500,000
Sold Price
$464,000
Premium/Discount to List
-$36,000
-7.2%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%

Purchase Details

Closed on
Jun 2, 2020
Sold by
Ramsay Connie L and Ramsay Lawrence P
Bought by
Salt Life Propertires Llc

Purchase Details

Listed on
Jul 3, 2019
Closed on
Nov 21, 2019
Sold by
Stratton Louis and Stratton Joan
Bought by
Ramsay Connie L and Ramsay Lawrence P
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Debbie Marable
The Real Estate Group Carolina Properties
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.17%
Original Mortgage
$247,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 1994
Bought by
Stratton Louis and Stratton Joan
Source: Public Records

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Range of Values:

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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
Sherman Steven M $523,500 None Listed On Document
Julian Lloyd V $2,784,000 --
Salt Life Propertires Llc -- None Available
Ramsay Connie L $275,000 None Available
Stratton Louis $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Steven M $392,625
Previous Owner Ramsay Connie L $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $464,000 -7.2% $287 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
11/09/2022 11/09/22 For Sale $500,000 +81.8% $309 / Sq Ft
12/12/2019 12/12/19 Sold $275,000 0.0% $170 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
10/29/2019 10/29/19 For Sale $275,000 0.0% $170 / Sq Ft
10/03/2019 10/03/19 Pending -- -- --
09/27/2019 09/27/19 Price Changed $275,000 -4.8% $170 / Sq Ft
07/03/2019 07/03/19 For Sale $289,000 -- $179 / 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 $2,361 $270,600 $71,500 $199,100
2023 $2,361 $270,600 $71,500 $199,100
2022 $1,816 $270,600 $71,500 $199,100
2021 $1,801 $235,600 $65,000 $170,600
2020 $1,519 $235,600 $65,000 $170,600
2019 $1,564 $235,600 $65,000 $170,600
2018 $1,519 $235,600 $65,000 $170,600
2017 $1,422 $235,600 $65,000 $170,600
2016 $1,426 $235,600 $65,000 $170,600
2015 $1,422 $235,600 $65,000 $170,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120781

Outer Banks Association of REALTORS®

APN: 115D-000-0024-0000