NOT LISTED FOR SALE

1054 Beacon Hill Dr Corolla, NC 27927

Estimated Value: $1,165,000 - $1,258,000

6 Beds
5.5 Baths
4,132 Sq Ft
$293/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $897,000 $217 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,968/month

22 Days on Market

Highlights

  • Community Beach Access
  • Home Theater
  • Rooftop Deck
  • Views of a Sound
  • In Ground Pool
  • Gated Community

About This Home

As of July 2021

Wonderful home in fabulous Corolla Light is architecturally designed in the style reminiscent of the classic Nags Head cottage with its shingle siding, wrap-around-decks and large roof overhangs. You will appreciate that the sellers have been diligent with all upkeep of the house both inside and out. The interior is generously sized (4,132 sq.ft.) you'll find an open concept living area with beautiful wood flooring, gas fireplace and of course a large and well complimented kitchen with dual appliances.. The ample screen porch has a roof deck above for optimal views of the sound and sunset!! There is a king en suite with double vanities soaking tub and separate shower stall. The unique glassed elevator is wonderful! Mid level has 3 en suite bedrooms, all with access to covered decking. Enjoy the media room with new sound system and new (5/6/21) leather seating. The ground level is the kids fun spot with rec room and 2 bunk bedrooms sharing a bath. The large rec room has a nice pool table, sitting area and wet bar and opens to pool area. The attached garage had a New door installed April 2021. New HVAC 2021; New top level sun deck, ground level deck & pool fencing new 5/21. New deck furniture arrived May 9 and the list goes on. See complete list of updates in disclosures. Owner does limit rentals to high seasons only. Corolla Light Resort offers the best amenities - 3 oceanfront pools, an oceanfront restaurant, playgrounds, basketball courts, 7 tennis courts, a pickle ball court, sound side pool, indoor rec center with competition pool, weight room, racquet ball court, 2 clay tennis courts, high season trolley to all amenities. Corolla Light is a favorite to so many! (See Docs for Corolla Light dues & amenities)

Last Agent to Sell the Property

Denise Graham

Keller Williams - Outer Banks License #190990 Listed on: 05/08/2021

Keller Williams - Outer Banks

Co-Listed By

Eddie Kavanaugh

Keller Williams - Outer Banks License #126307

Last Buyer's Agent

Dawn Young

Asher RE LLC License #325722

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,948

Year Built

  • Built in 2005

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Lot includes common area

HOA Fees

  • $277 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 4,132 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Gas Fireplace
  • Entrance Foyer
  • Home Theater
  • Game Room
  • Screened Porch
  • Views of a Sound
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Pool

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

Outdoor Features

  • Sun Deck
  • Rooftop Deck
  • Covered Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 1

Community Details

Overview

  • Association fees include common electric, common insurance, pool, road maintenance, tennis courts, walkways
  • Don Cheek Association, Phone Number (252) 453-2455
  • Corolla Light Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Playground
  • Community Indoor Pool

Additional Features

  • Common Area
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,948

Year Built

Built in 2005

Lot Details

0

HOA Fees

$277 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Nags Head, Coastal
  • Directions: North on Ocean Trail to Corolla Light. Turn right onto Beacon Hill Drive house at end of cul-de-sac
  • Extras: Covered Decks, Elevator, Hot Tub, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck, Roof Top Deck, Dry Entry
  • Flood Zone: X
  • Headline: Handsome, Turn-key, Elevator!
  • Heated Sq Ft: 4132
  • L V T Date: 05/08/2021
  • Phase: 7D
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: Residentia
  • Advertised Income 2020: 66275
  • Advertised Income 2021: 65060
  • Deed Book Pg Number: 136
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Corolla Light
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Ice Machine, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Game Room, Media Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: 1 Car, Attached

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Electric, Forced Air, Heat Pump, Zoned
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Pool, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Gated Community, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3329
  • Hoa Contact: Don Cheek
  • HOA Contact: 252.453.2455

Lot Info

  • Lot Description: Adj. To Common Area, Bulkheaded, Cul-de-sac
  • Lot Number: Lot 1
  • Deed Book: 1230

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Sun Realty
  • Rental Cottage Name: Beacon Hill
  • Rental Cottage Number: 34 - CL
  • Rental Phone Number: 252.453.8822
  • Rental Contact Email: theresemoorefield@sunrealtync.com
  • Rental Contact Name: Therese Moorefield
  • Rental Contact Phone: 252.453.8822

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2020
  • Taxes: 3948

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2021
Closed on
Jul 8, 2021
Sold by
Beacon Hill One Llc
Bought by
Owens Jeffrey Laurence and Owens Deborah Williams
Seller's Agent
Denise Graham
Keller Williams - Outer Banks
Buyer's Agent
Dawn Young
Asher RE LLC
List Price
$885,000
Sold Price
$897,000
Premium/Discount to List
$12,000
1.36%
Current Estimated Value
$1,203,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,859
Avg. Annual Appreciation
6.83%
Original Mortgage
$718,000
Outstanding Balance
$648,642
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$561,372

Purchase Details

Closed on
Dec 19, 2012
Sold by
Harbison Kip A and Harbison Courtney H
Bought by
Beacon Hill One Llc

Purchase Details

Closed on
Apr 29, 2005
Sold by
Shiomos Michael J and Shiomos Dennise E
Bought by
Harbison Kip A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$993,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Owens Jeffrey Laurence $1,795 Casey & Robbins
Owens Jeffrey Laurence $1,795 Casey & Robbins
Beacon Hill One Llc -- None Available
Beacon Hill One Llc -- None Available
Harbison Kip A $385,000 None Available
Harbison Kip A $385,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owens Jeffrey Laurence $718,000
Previous Owner Harbison Kip A $993,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2021 07/09/21 Sold $897,000 +1.4% $217 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $885,000 -- $214 / 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 $5,503 $687,300 $90,000 $597,300
2024 $5,503 $687,300 $90,000 $597,300
2023 $5,487 $687,300 $90,000 $597,300
2022 $4,109 $687,300 $90,000 $597,300
2021 $4,079 $667,900 $150,000 $517,900
2020 $3,947 $667,900 $150,000 $517,900
2019 $3,947 $667,900 $150,000 $517,900
2018 $0 $667,900 $150,000 $517,900
2017 $3,580 $704,600 $150,000 $554,600
2016 $3,765 $704,600 $150,000 $554,600
2015 -- $704,600 $150,000 $554,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114276

Outer Banks Association of REALTORS®

APN: 115B-000-0001-007D