Seller's Agent in 2024
Ray Meiggs
Twiddy and Co. - Duck
(252) 333-5310
22 in this area
50 Total Sales
1047 Corolla Dr Corolla, NC 27927
Estimated Value: $1,084,000 - $1,252,000
8
Beds
7
Baths
4,333
Sq Ft
$270/Sq Ft
Est. Value
Highlights
- Ocean View
- Heated In Ground Pool
- Second Refrigerator
- Beach Access
- Rooftop Deck
- Coastal Architecture
About This Home
As of December 2024OVER $100,000 GROSS REVENUES for FIVE CONSECUTIVE YEARS! "Stella Maris of Corolla," a true star of the sea, is affectionately given this name by the owners who have thoroughly loved the rewards of family visits and exceptional investment performance through ownership of this lovely home. Sadly, ages and stages of life call them to move on to the next chapters ahead. Centrally located in the Whalehead community, just a 4-MINUTE WALK STRAIGHT TO THE OCEANFRONT, nestled amid mature trees on a one-half-acre private lot, this expansive 8 bedroom, 5 bath home offers over 4300 sq ft of living space, perfect for gracious gatherings with family and friends. The top floor features a spacious open floor plan with a private ENSUITE and WRAPAROUND DECKS OVERLOOKING A MASSIVE PRIVATE POOL. Capture a VIEW OF THE OCEAN and enjoy SUNRISES OVER THE ATLANTIC or RELAX with an enchanting evening of stargazing from the rooftop ship’s watch deck. The second floor offers an office, TWO ensuites, and TWO additional bedrooms that share a bathroom. The ground floor boasts THREE bedrooms, entertainment areas, and a spacious rec room with a pool table, sitting area, and kitchenette that includes a full-size refrigerator and icemaker. Outside, a playground of fun awaits with a large private pool and Tiki Bar, sand volleyball court and horseshoes, basketball goal, and hot tub. Conveniently located near the Historic Corolla Village and Park, guests can easily WALK OR BIKE to explore the charming village and its historic sites. The iconic Currituck Lighthouse is also nearby, offering breathtaking views of the coast. Don't forget to visit the Corolla Wild Horses, a unique and enchanting sight that adds to the allure of this coastal retreat. With wide hallways and gracious stairways, this home warmly welcomes large groups or gently embraces you for a quiet visit with single-floor living. Don’t miss this opportunity to invest in an exquisite property, a true star of the sea, "Stella Maris"! Please see the associated documents for the stellar rental performance.
Last Agent to Sell the Property
Twiddy and Co. - Duck Brokerage Phone: 252-333-5310 License #290422 Listed on: 10/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,805
Year Built
- Built in 2005
Lot Details
- Level Lot
- Wooded Lot
- Property is zoned SFO
HOA Fees
- $5 Monthly HOA Fees
Home Design
- Coastal Architecture
- Reverse Style Home
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 4,333 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Entrance Foyer
- Game Room
- Ocean Views
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Ice Maker
- Second Dishwasher
- Laminate Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- En-Suite Primary Bedroom
- Hydromassage or Jetted Bathtub
Laundry
- Laundry Room
- Washer and Dryer Hookup
Parking
- Paved Parking
- Off-Street Parking
Pool
- Heated In Ground Pool
- Fiberglass Pool
- Outdoor Pool
- Outdoor Shower
Outdoor Features
- Beach Access
- Sun Deck
- Rooftop Deck
- Covered Deck
- Exterior Lighting
- Tiki or Chickee Hut
Utilities
- Heat Pump System
- Municipal Utilities District Water
- Fuel Tank
- Private or Community Septic Tank
Community Details
- Whalehead Property Owners Asso Association
- Whalehead Club Subdivision
Listing and Financial Details
- Tax Lot 50
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 3, 2024
Closed on
Dec 20, 2024
Sold by
Giuffreda Anthony Richard and Giuffreda Susan Pitney
Bought by
Monach Richard and Monach Christina E
Seller's Agent
Ray Meiggs
Twiddy and Co. - Duck
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$1,349,000
Sold Price
$1,137,700
Premium/Discount to List
-$211,300
-15.66%
Views
20
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
$32,506
Avg. Annual Appreciation
2.59%
Purchase Details
Closed on
Apr 2, 2024
Sold by
Giuffreda Anthony Richard
Bought by
Giuffreda Anthony Richard and Giuffreda Susan Pitney
Purchase Details
Listed on
Nov 5, 2019
Closed on
Oct 21, 2020
Sold by
Maio Stephen T and Maio Joan A
Bought by
Ginffreda Anthony Richard and Ginffreda Vivian
Seller's Agent
Randy Jones
EXP Realty, LLC - Coastal
Buyer's Agent
Ray Meiggs
Twiddy and Co. - Duck
List Price
$752,000
Sold Price
$690,000
Premium/Discount to List
-$62,000
-8.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Purchase Details
Listed on
Nov 5, 2019
Closed on
Oct 16, 2020
Sold by
Giuffreda Anthony Richard and Giuffreda Susan Pitney
Bought by
Giuffreda Vivian and Giuffreda Anthony Richard
Seller's Agent
Randy Jones
EXP Realty, LLC - Coastal
Buyer's Agent
Ray Meiggs
Twiddy and Co. - Duck
List Price
$752,000
Sold Price
$690,000
Premium/Discount to List
-$62,000
-8.24%
Purchase Details
Closed on
Jul 22, 2010
Sold by
Sillers James K and Sillers Lynda A
Bought by
Maio Stephen T and Maio Joan A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 21, 2005
Sold by
Obrien Jeffery E
Bought by
Sillers James K and Sillers Lynda A
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Monach Richard | $1,138,000 | None Listed On Document | |
| Monach Richard | $1,138,000 | None Listed On Document | |
| Monach Richard | $1,138,000 | None Listed On Document | |
| Monach Richard | $1,138,000 | None Listed On Document | |
| Giuffreda Anthony Richard | -- | None Listed On Document | |
| Giuffreda Anthony Richard | -- | None Listed On Document | |
| Giuffreda Anthony Richard | -- | None Listed On Document | |
| Giuffreda Anthony Richard | -- | None Listed On Document | |
| Ginffreda Anthony Richard | -- | None Available | |
| Ginffreda Anthony Richard | -- | None Available | |
| Giuffreda Vivian | -- | None Available | |
| Giuffreda Vivian | -- | None Available | |
| Maio Stephen T | $741,000 | None Available | |
| Maio Stephen T | $741,000 | None Available | |
| Sillers James K | $1,250,000 | None Available | |
| Sillers James K | $1,250,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Maio Stephen T | $275,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/20/2024 12/20/24 | Sold | $1,137,700 | -15.7% | $263 / Sq Ft | |
| 11/14/2024 11/14/24 | Pending | -- | -- | -- | |
| 10/03/2024 10/03/24 | For Sale | $1,349,000 | +95.5% | $311 / Sq Ft | |
| 09/04/2020 09/04/20 | Sold | $690,000 | +0.1% | $159 / Sq Ft | View Prior Sale |
| 06/27/2020 06/27/20 | Pending | -- | -- | -- | |
| 06/25/2020 06/25/20 | Price Changed | $689,000 | -3.6% | $159 / Sq Ft | |
| 04/26/2020 04/26/20 | Price Changed | $714,950 | -3.3% | $165 / Sq Ft | |
| 02/17/2020 02/17/20 | Price Changed | $739,500 | -1.7% | $171 / Sq Ft | |
| 11/05/2019 11/05/19 | For Sale | $752,000 | -- | $174 / 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 |
|---|---|---|---|---|
| 2025 | $5,979 | $651,000 | $183,800 | $467,200 |
| 2024 | $5,805 | $651,000 | $183,800 | $467,200 |
| 2023 | $5,805 | $651,000 | $183,800 | $467,200 |
| 2022 | $4,916 | $651,000 | $183,800 | $467,200 |
| 2021 | $4,898 | $656,000 | $178,500 | $477,500 |
| 2020 | $4,920 | $656,000 | $178,500 | $477,500 |
| 2019 | $4,920 | $656,000 | $178,500 | $477,500 |
| 2018 | $4,920 | $656,000 | $178,500 | $477,500 |
| 2017 | $4,570 | $656,000 | $178,500 | $477,500 |
| 2016 | $4,605 | $656,000 | $178,500 | $477,500 |
| 2015 | $4,608 | $656,000 | $178,500 | $477,500 |
Source: Public Records
Agents Affiliated with this Home
-
Ray Meiggs
-
Four Seasons Realty
Buyer's Agent in 2024
Four Seasons Realty
Four Seasons Realty
(252) 261-6664
108 in this area
290 Total Sales
-
Randy Jones
Seller's Agent in 2020
Randy Jones
EXP Realty, LLC - Coastal
(252) 202-2573
24 in this area
96 Total Sales
-
Lynn Sherman
Seller Co-Listing Agent in 2020
Lynn Sherman
EXP Realty, LLC - Coastal
(252) 305-0222
23 in this area
94 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 127133
APN: 115A-000-0050-0005
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Information is deemed reliable but not guaranteed.
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