NOT LISTED FOR SALE

1042 Corolla Dr Corolla, NC 27927

Estimated Value: $890,000 - $970,000

6 Beds
4.5 Baths
-- Sq Ft
0.46 Acres

Last Sold November 10, 2020

Last sale price $550,000

Est. 69% increase in value since last sale

Current estimated payment $5,258/month

34 Days on Market

Highlights

  • In Ground Pool
  • Central Air
  • Carpet
  • No HOA

About This Home

As of November 2020

OPEN HOUSE WEDNESDAY SEPTEMBER 16, 2020 FROM 11AM TO 2PM. This home is a great opportunity to own a beach house inCorolla for under $500,000. Reverse floor plan house with large decks and outdoor space. The 3rd floor has a large open great roomwith gas fireplace and sliding doors to the top decks. The top floor also has a large en-suite master bedroom with double vanity and a halfbath accessed from the great room. The middle floor has 4 bedrooms, one of those bedrooms is en suite and there is an additional fullbathroom on this level that is shared by the other three rooms. One of the bedrooms

Last Agent to Sell the Property

Andy Tucker

Beach House Brokers, LLC License #249929 Listed on: 09/11/2020

Last Buyer's Agent

Selling Agent

Non Mls Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,824

Year Built

  • Built in 1999

Lot Details

  • 0.46

Parking

  • Driveway

Home Design

  • Reverse Style Home
  • Composition Roof
  • Piling Construction

Bedrooms and Bathrooms

  • 6 Bedrooms

Attic

  • Attic Access Panel

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Additional Features

  • Carpet
  • In Ground Pool
  • 0.46 Acre Lot

Community Details

  • No Home Owners Association
  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 71

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,824

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Stories Levels: 3 Story or More
  • Year Built: 1999
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Flooring: Carpet
  • Interior Amenities: Reverse Floor Plan
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 6

Exterior Features

  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Roof: Composition

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: Concrete

Utilities

  • Appliances Equipment: Refrigerator
  • Cooling System: Central, Heat Pump
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Dominion Energy
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 431.00
  • Lot Number: 71
  • Lot Sq Ft: 20000.00
  • Lot Water Features: None

Tax Info

  • Tax Year: 2020
  • Total Real Estate Property Taxes: 3824.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2025
Sold by
Shostek Brian S and Shostek Tara B
Bought by
Corolla Crab Catchers Llc
Current Estimated Value
$928,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$832,000
Outstanding Balance
$827,556
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$100,968

Purchase Details

Listed on
Sep 11, 2020
Closed on
Nov 10, 2020
Sold by
U S Bank Trust National Association
Bought by
Shostek Brian S and Shostek Tara B
Seller's Agent
Andy Tucker
Beach House Brokers, LLC
Buyer's Agent
Selling Agent
Non Mls Member
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%

Purchase Details

Listed on
Sep 11, 2020
Closed on
Sep 29, 2020
Sold by
U S Bank Trust National Association
Bought by
Cvf Iii Mortgage Loan Trust Iii
Seller's Agent
Andy Tucker
Beach House Brokers, LLC
Buyer's Agent
Selling Agent
Non Mls Member
Sold Price
$550,000

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Corolla Crab Catchers Llc $925,000 None Listed On Document
Corolla Crab Catchers Llc $925,000 None Listed On Document
Shostek Brian S $550,000 None Available
Cvf Iii Mortgage Loan Trust Iii -- None Available
U S Bank National Association $610,000 None Available
Coggins Debra A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corolla Crab Catchers Llc $832,000
Closed Corolla Crab Catchers Llc $832,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2021 01/19/21 Off Market $550,000 -- --
11/10/2020 11/10/20 Sold $550,000 -- --
Source: Hive MLS

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
2025 $4,711 $518,800 $125,000 $393,800
2024 $4,711 $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

  • A

    Seller's Agent in 2020

    Andy Tucker

    Beach House Brokers, LLC

    (252) 202-7873

    5 in this area

    57 Total Sales

    Andy Tucker
    Section Image

  • S

    Buyer's Agent in 2020

    Selling Agent

    Non Mls Member

See All Agents

Map

Source: Hive MLS

MLS Number: 8101002

Hive MLS

APN: 115A-000-0071-0005

North Carolina Currituck County Corolla 27927

1042 Corolla Dr, Corolla, NC

Not Listed for Sale

Detached

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