NOT LISTED FOR SALE

1048 Corolla Dr Corolla, NC 27927

Estimated Value: $903,000 - $963,000

5 Beds
5.5 Baths
3,156 Sq Ft
$294/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $560,000 $177 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,234/month

22 Days on Market

Highlights

  • Beach Access
  • Rooftop Deck
  • Furnished
  • Outdoor Pool
  • Cathedral Ceiling
  • Game Room

About This Home

As of August 2020

ELEVATOR! 5 BD, 5.5 BA! OVER 3,000 SQ FT! HUGE REC ROOM! AWESOME, LARGE POOL AREA! PLENTY OF OUTDOOR LIVING! VERY SHORT WALK TO THE BEACH! This one truly has it all...whether you are looking for a rental home or a second home for your family, you will find everything you need here! The top floor offers a cozy living area, large dining and kitchen, master bedroom with double sinks in the master bath and a walk-in closet, convenient half bath, access to plenty of deck space including a roof top deck! Moving to the mid-level you'll find 4 bedrooms, 2 of which are masters(mattresses in all bedrooms have been replaced recently). The lower level offers so much extra living space - huge rec room complete with pool table, sitting area, kitchenette and even a full bath! The sliders lead out to large pool area with a hot tub. The landscaping, allowing for lots of sun but also plenty of shade, provides so much privacy for you and your guests - the osprey who nest in the trees in the back are a welcome visitor! This home has plenty of room to gather together or spread out and unlike many rental homes, it has lots of storage space. Located in the popular Whalehead subdivision, you'll enjoy nice streets for long leisurely bike rides, take the Corolla bike path to the Corolla Light Town Center for shopping and dining, or visit the Currituck Lighthouse and Historic Whalehead Club just across the street, and the 4 wheel drive area is just a few minutes away by car. One of the best parts about the location is that the walkway to the beach is right across the street making your walk to the beach shorter then many homes that are one street closer! The owners have taken such great care of the maintenance on the home - just add your own personal touches and make it yours!

Last Agent to Sell the Property

Randy Jones

EXP Realty, LLC - Coastal License #187811 Listed on: 06/23/2020

EXP Realty, LLC - Coastal

Co-Listed By

Lynn Sherman

EXP Realty, LLC - Coastal License #183247

Last Buyer's Agent

Beth Dobney Garcia

Coldwell Banker Seaside Realty KH License #174853

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,568

Year Built

  • Built in 1988

Lot Details

  • 0.51 Acre Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,156 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Game Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Vinyl Pool
  • Outdoor Shower
  • Spa

Outdoor Features

  • Beach Access
  • Sun Deck
  • Rooftop Deck
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 60

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,568

Year Built

Built in 1988

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Outside Lighting, Outside Shower, Patio, Sun Deck, Roof Top Deck
  • Flood Zone: X
  • Headline: VERY WELL MAINTAINED!
  • Heated Sq Ft: 3156
  • L V T Date: 06/24/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: R
  • Deed Book Pg Number: 49
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C25588
  • 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, Washer
  • Bedrooms: 5
  • Floor Coverings: Carpet, Tile
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ensuite, Some Windows Treated, Washer Connection, Wood Fireplace
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Vinyl, Private Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 50

Lot Info

  • Estimated Lot Sq Ft: 22216
  • Lot Number: Lot 60
  • Estimated Lot Size: 0.51
  • Deed Book: 787

Rental Info

  • Est Annual Rental Income: 45980
  • Estimated Rental Performance: 0.0821
  • Rental Co: Outer Banks Blue
  • Rental Cottage Name: Ocean Pines
  • Rental Cottage Number: WH019
  • Rental Phone Number: 252-255-1220
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2019
  • Taxes: 3568

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2025
Sold by
Carbone Anthony John and Carbone Sandra Mercure
Bought by
Carbone Anthony John and Carbone Sandra Mercure
Current Estimated Value
$929,233

Purchase Details

Listed on
Jun 23, 2020
Closed on
Aug 31, 2020
Sold by
Painter Joseph H and Painter Debra L
Bought by
Carbone Anthony John and Carbone Sandra Mercure
Seller's Agent
Randy Jones
EXP Realty, LLC - Coastal
Buyer's Agent
Beth Dobney Garcia
Coldwell Banker Seaside Realty KH
List Price
$564,950
Sold Price
$560,000
Premium/Discount to List
-$4,950
-0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%
Original Mortgage
$448,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2004
Bought by
Painter Joseph H and Painter Debra L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carbone Anthony John -- None Listed On Document
Carbone Anthony John $560,000 None Available
Painter Joseph H $570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carbone Anthony John $448,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $560,000 -0.9% $177 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $564,950 -- $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
2025 $4,455 $487,300 $131,300 $356,000
2024 $4,455 $487,300 $131,300 $356,000
2023 $4,439 $487,300 $131,300 $356,000
2022 $3,769 $487,300 $131,300 $356,000
2021 $3,754 $468,000 $168,000 $300,000
2020 $3,618 $468,000 $168,000 $300,000
2019 $3,568 $464,300 $168,000 $296,300
2018 $3,570 $464,300 $168,000 $296,300
2017 $3,316 $464,300 $168,000 $296,300
2016 $3,349 $464,300 $168,000 $296,300
2015 $3,345 $464,300 $168,000 $296,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109821

Outer Banks Association of REALTORS®

APN: 115A-000-0060-0004