NOT LISTED FOR SALE

Estimated Value: $1,251,000 - $1,495,378

7 Beds
6.5 Baths
4,524 Sq Ft
$314/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $1,361,075 $301 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,555/month

3 Days on Market

Highlights

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

About This Home

As of March 2023

Escape to paradise in this breathtaking soundfront retreat hidden away in the upscale Corolla Light Resort community. Everyone will see the beauty of this property long before passing through the doors thanks to its ample decks and waterfront location. Once inside, you will quickly appreciate the top-floor living area's generous amount of windows, which offer amazing water views and spectacular sunsets from the living room, the dining room, and the sunroom. The open concept kitchen shares these same wonderful views as well as providing ample work space, beautiful granite counters and a center island with bar seating. This kitchen is made to cook and entertain at the same time. On this floor, there is also a half bathroom and the primary king sized bedroom with amazing water views, deck access and en-suite bath complete with whirlpool tub. On the second floor, there are four en-suite bedrooms all with spectacular water views; three having king beds and one with two twin beds. From this mid-level, you can wander outside onto the covered decks to relax and enjoy the fresh air, shade, and hot tub. When entering at the ground floor level, you will find one nicely sized king bedroom with water views and ground level access to the back yard or pool area and one bunk room with its own TV/gaming room. This floor also provides a full bathroom, a laundry room and a theater with abundant seating! The outdoor pool and hot tub area is the perfect place to unwind after long day at the beach. This property also has great access to the soundfront boardwalk and is just steps away from the water launch if paddle boarding or kayaking is something you enjoy. The Corolla Light shopping complex, the Currituck Lighthouse, Whalehead Club, and Corolla Village are also nearby, offering fun outings and great food for everyone in your group. This is a fantastic rental property with a proven rental history, making it a great investment if you are inclined to share your paradise getaway. Corolla Light is by far the most amenity packed community you will find on the Outer Banks. It offers guests and owners their choice of 5 pools, an indoor fitness center, lighted walking paths, tennis courts, a seasonal trolley with stops that takes you right to the beach, and even an oceanfront complex with basketball courts, playground, shuffleboard, oceanfront pool, and refreshment area. You will always have something to do in Corolla Light! Be sure to view the 3D virtual tour by clicking the link or cut/paste into your browser:https://my.matterport.com/show/?m=VW8cCsNyHtm&mls=1

Last Agent to Sell the Property

Heather McLay

Landmark Sotheby's International Realty License #188982 Listed on: 02/02/2023

Landmark Sotheby's International Realty

Co-Listed By

Crystal Swain

Twiddy and Company - Corolla License #321765

Last Buyer's Agent

Edith Rowe

Brindley Beach Vacations & Sales-Duck License #188824

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,631

Year Built

  • Built in 1995

Lot Details

  • Home fronts a sound
  • Cul-De-Sac
  • Lot includes common area
  • Landscaped
  • Level Lot
  • Property is zoned SFO

HOA Fees

  • $305 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Traditional Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 4,524 Sq Ft Home
  • Elevator
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Sun or Florida Room
  • Views of a Sound
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 531

Community Details

Overview

  • Association fees include common insurance, management, pool, tennis courts, walkways
  • Corolla Light Community Assoc Association
  • Corolla Light Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,631

Year Built

Built in 1995

Lot Details

0

HOA Fees

$305 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Traditional
  • Directions: Head north from Duck on Hwy 12. Turn left onto Miller Ct (after the Corolla Light sport center). The house will be on the left in the cul-de-sac.
  • Extras: Beach Access, Ceiling Fan(s), Common Laundry Area, Covered Decks, Elevator, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Headline: Spectacular Soundfront!
  • Heated Sq Ft: 4524
  • L V T Date: 02/02/2023
  • Phase: 5D
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: SFO
  • Advertised Income 2021: 97825
  • Advertised Income 2022: 111810
  • Deed Book Pg Number: 779
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Corolla Light
  • Newpoint Media: Yes
  • Office License Number: C20671
  • 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, 2nd Refrigerator
  • Bedrooms: 7
  • Countertops: Granite, Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Gas Connection, Ice Maker Connection, Ensuite, Pantry, Some Windows Treated, Walk in Closet, Washer Connection
  • Optional Rooms: Foyer, Sun/Florida Room, Home Theater
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Sound

Garage/Parking

  • Garage: Attached, Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Management, Pool, Tennis Courts, Walkways
  • Association Amenities: Clubhouse, Health Club, Indoor-Comm. Pool, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground, Sound Access, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3662
  • Hoa Contact: Corolla Light Community Assoc
  • HOA Contact: info@corolla-light.com

Lot Info

  • Lot Description: Adj. To Common Area, Cul-de-sac, Level, Water Frontage
  • Lot Number: Lot 531
  • Deed Book: 1578

Rental Info

  • Est Annual Rental Income: 130831
  • Estimated Rental Performance: 0.0961
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Tipsy Turtle
  • Rental Cottage Number: K531
  • Rental Phone Number: 252-457-1100
  • Rental Contact Email: owner@twiddy.com
  • Rental Contact Name: Alison Robertson
  • Rental Contact Phone: 252-457-1100

Building Info

  • Year Built: 1995

Tax Info

  • Year: 2022
  • Taxes: 4630.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Mar 10, 2023
Sold by
Kerrigan Jack E and Kerrigan Marli Jp
Bought by
Bolletino Bradford and Bolletino Tina S
Seller's Agent
Heather McLay
Landmark Sotheby's International Realty
Buyer's Agent
Edith Rowe
Brindley Beach Vacations & Sales-Duck
List Price
$1,375,000
Sold Price
$1,361,075
Premium/Discount to List
-$13,925
-1.01%
Views
18
Current Estimated Value
$1,418,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,770
Avg. Annual Appreciation
1.73%
Original Mortgage
$1,088,860
Outstanding Balance
$1,059,440
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$359,405

Purchase Details

Listed on
Sep 11, 2020
Closed on
Nov 17, 2020
Sold by
Sunset Splendor Llc
Bought by
Kerrigan Jack E and Kerrigan Marli J
Seller's Agent
Hunter Davis
Twiddy and Company - Corolla
Buyer's Agent
Heather McLay
Landmark Sotheby's International Realty
List Price
$855,000
Sold Price
$865,000
Premium/Discount to List
$10,000
1.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.79%
Original Mortgage
$605,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2017
Sold by
Buchanan Ronald L and Ronald L Buchanan Revocable Tr
Bought by
Sunset Splendor Llc
Source: Public Records

Range of Values:

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Average Value
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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
Bolletino Bradford $8,167,000 --
Kerrigan Jack E $865,000 None Available
Sunset Splendor Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolletino Bradford $1,088,860
Previous Owner Kerrigan Jack E $605,500
Previous Owner Buchanan Ronald L $70,000
Previous Owner Buchanan Ronald L $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $1,361,075 -1.0% $301 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $1,375,000 +59.0% $304 / Sq Ft
11/20/2020 11/20/20 Sold $865,000 +1.2% $192 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $855,000 -- $190 / 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 $6,225 $794,800 $240,000 $554,800
2023 $6,225 $794,800 $240,000 $554,800
2022 $4,631 $794,800 $240,000 $554,800
2021 $4,507 $782,900 $300,000 $482,900
2020 $4,453 $782,900 $300,000 $482,900
2019 $4,492 $782,900 $300,000 $482,900
2018 $4,500 $782,900 $300,000 $482,900
2017 $4,089 $782,900 $300,000 $482,900
2016 $4,092 $782,900 $300,000 $482,900
2015 $4,068 $782,900 $300,000 $482,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 121323

Outer Banks Association of REALTORS®

APN: 115B-000-0531-0000