1042 Corolla Dr Unit Lot 71 Corolla, NC 27927
Corolla Neighborhood
6
Beds
4.5
Baths
2,730
Sq Ft
3,485
Sq Ft Lot
Highlights
- In Ground Pool
- Coastal Architecture
- Breakfast Area or Nook
- Second Refrigerator
- Game Room
- Tile Flooring
About This Home
As of May 2025Introducing 1042 Corolla Drive, a beautiful and well-maintained coastal retreat nestled on a private lot in the coveted Whalehead Club community of Corolla, NC. Just three lots south from the community beach access and offering a wealth of amenities, this 6-bedroom, 4.5-bath home presents an exceptional opportunity for those looking for an Outer Banks vacation home, full time residence or investment opportunity. Step inside and discover a haven of comfort and style. The heart of the home lies on the third level, where you will find an open concept and welcoming living room bathed in natural light, a fully stocked kitchen, complete with stainless steel appliances and bright white coastal cabinetry, a spacious dining area and a charming breakfast nook. A convenient half bath and a large primary ensuite, each with subtle coastal touches, complete this level. The second floor offers a tranquil sanctuary with three well-appointed bedrooms, a full bath, and a primary en suite with a private bath and dual vanities. One bedroom features direct deck access to the covered porch, perfect for savoring morning coffee and soaking up the warm ocean breeze. Each room is designed with relaxation in mind, offering a peaceful retreat after a day of exploring the Outer Banks. Entertainment awaits on the first level, where a game room with air hockey promises hours of fun. A wet bar, complete with a refrigerator and ample storage, stands ready for refreshments, while a comfortable living area with a pullout sofa sleeper and a bunk room with a shared full bath provide additional spaces for relaxation and gathering. The conveniently located laundry adds to the home's practicality found on this floor. Outside, a private oasis awaits. A sparkling and generously sized private pool invites you to cool off on warm summer days, while an outdoor shower offers a refreshing rinse after time spent at the beach. Enjoy the lush vegetation surrounding and helping to create a sense of privacy in the spacious backyard. The updated top level sun deck provides plenty of space for relaxing and enjoying the gentle coastal breeze, while the manicured front yard, complete with a basketball goal, adds to the curb appeal and recreational opportunities. Take advantage of the home's convenient location just a short walk or bike ride away from to some of Corolla's top attractions including the Currituck Beach Lighthouse, Corolla Beer Garden, Historic Corolla Village and Whalehead Club, along with the Timbuck II Shopping Center with staple boutiques and dining for the whole family to enjoy!
Last Agent to Sell the Property
Twiddy and Company - Corolla Brokerage Phone: 704-936-6456 License #See Brokers Notes Listed on: 02/21/2025
Co-Listed By
Twiddy and Company - Corolla Brokerage Phone: 704-936-6456 License #135162
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,695
Year Built
- Built in 1999
Lot Details
- 3,485 Sq Ft Lot
- Level Lot
- Property is zoned SFO
Home Design
- Coastal Architecture
- Reverse Style Home
- Slab Foundation
- Frame Construction
- Wood Siding
- Vinyl Siding
Interior Spaces
- 2,730 Sq Ft Home
- Game Room
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Microwave
- Second Refrigerator
- Ice Maker
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
Laundry
- Dryer
- Washer
Parking
- Paved Parking
- Off-Street Parking
Pool
- In Ground Pool
- Outdoor Pool
Utilities
- Central Heating and Cooling System
- Municipal Utilities District Water
- Septic Tank
Community Details
- Whalehead Club Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 21, 2025
Closed on
May 13, 2025
Sold by
Shostek Brian S and Shostek Tara B
Bought by
Corolla Crab Catchers Llc
Seller's Agent
Hunter Davis
Twiddy and Company - Corolla
Buyer's Agent
Ashley Massey
Landmark Sotheby's International Realty
List Price
$965,000
Sold Price
$925,000
Premium/Discount to List
-$40,000
-4.15%
Views
24
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,122
Avg. Annual Appreciation
-2.63%
Original Mortgage
$832,000
Outstanding Balance
$830,535
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$87,343
Purchase Details
Closed on
Nov 10, 2020
Sold by
U S Bank Trust National Association
Bought by
Shostek Brian S and Shostek Tara B
Purchase Details
Closed on
Sep 29, 2020
Sold by
U S Bank Trust National Association
Bought by
Cvf Iii Mortgage Loan Trust Iii
Purchase Details
Closed on
Aug 20, 2020
Sold by
Coggins Daniel G and Coggins Debra A
Bought by
U S Bank National Association and Cvf Iii Mortgage Loan Trusts
Purchase Details
Closed on
Aug 25, 2006
Sold by
Coggins Debra A
Bought by
Coggins Debra A and Coggins Daniel G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.58%
Mortgage Type
New Conventional
Similar Homes in Corolla, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $925,000 | None Listed On Document | |
| Warranty Deed | $925,000 | None Listed On Document | |
| Special Warranty Deed | $550,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Trustee Deed | $610,000 | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $832,000 | New Conventional | |
| Closed | $832,000 | New Conventional | |
| Previous Owner | $650,000 | New Conventional | |
| Previous Owner | $92,500 | Stand Alone Second | |
| Previous Owner | $300,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2025 05/13/25 | Sold | $925,000 | -2.5% | $339 / Sq Ft |
| 04/07/2025 04/07/25 | Off Market | $949,000 | -- | -- |
| 04/04/2025 04/04/25 | Pending | -- | -- | -- |
| 03/31/2025 03/31/25 | Price Changed | $949,000 | -1.7% | $348 / Sq Ft |
| 02/21/2025 02/21/25 | For Sale | $965,000 | -- | $353 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $4,695 | $518,800 | $125,000 | $393,800 |
| 2023 | $4,695 | $506,200 | $125,000 | $381,200 |
| 2022 | $3,898 | $506,200 | $125,000 | $381,200 |
| 2021 | $3,883 | $486,200 | $160,000 | $326,200 |
| 2020 | $3,824 | $486,200 | $160,000 | $326,200 |
| 2019 | $3,813 | $486,200 | $160,000 | $326,200 |
| 2018 | $3,813 | $486,200 | $160,000 | $326,200 |
| 2017 | $3,552 | $486,200 | $160,000 | $326,200 |
| 2016 | $3,577 | $486,200 | $160,000 | $326,200 |
| 2015 | $3,577 | $486,200 | $160,000 | $326,200 |
Source: Public Records
Agents Affiliated with this Home
-
Hunter Davis
Seller's Agent in 2025
Hunter Davis
Twiddy and Company - Corolla
(704) 936-6456
123 in this area
180 Total Sales
-
Martha Springer
Seller Co-Listing Agent in 2025
Martha Springer
Twiddy and Company - Corolla
(252) 982-6045
99 in this area
135 Total Sales
-
Ashley Massey
Buyer's Agent in 2025
Ashley Massey
Landmark Sotheby's International Realty
(252) 202-4874
16 in this area
56 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 128337
APN: 115A-000-0071-0005
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