NOT LISTED FOR SALE

1054 Corolla Dr Corolla, NC 27927

Estimated Value: $758,000 - $797,176

4 Beds
3 Baths
2,080 Sq Ft
$376/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $679,000 $326 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,360/month

13 Days on Market

Highlights

  • In Ground Pool
  • Furnished
  • Covered Deck
  • Wood Flooring
  • Screened Porch
  • Ceiling Fan

About This Home

As of October 2021

THIS IS THE ONE! SO CHARMING! EXCELLENT CONDITION/IMPECCABLY MAINTAINED! BUILT AS A 5 BEDROOM (SEPTIC PERMIT FOR 4 BEDROOMS CURRENTLY)...SELLER OFFERING CREDIT AT CLOSING TO REPLACE DRAINFIELD AND UPGRADE SEPTIC CAPACITY TO A 5 BEDROOM!! This beautiful home is also turn key...new roof, new HVAC, freshly painted exterior, new water heater, new TREX decking and walkway! All sliders have been replaced with high standard glass Andersen sliders. Spacious great room and kitchen...great for entertaining! Gorgeous hardwood floors on first level! Master suite and an additional bedroom are located on the first level with 3 additional bedrooms, bath and optional bonus area on second level. Built as a 5 bedroom home but septic is permitted for 4 bedrooms. Very private with awesome outdoor living spaces! Gorgeous wrap around decking, lovely screened porch and remarkably large pool and pool deck! PERFECT FOR AN INVESTMENT HOME, SECOND HOME OR PRIMARY RESIDENCE...A MUST SEE! **SELLER OFFERING CREDIT AT CLOSING TO REPLACE DRAINFIELD AND UPGRADE SEPTIC CAPACITY TO A 5 BEDROOM!!

Last Agent to Sell the Property

Melanie Day

Landmark Sotheby's Internation License #219374 Listed on: 08/12/2021

Landmark Sotheby's Internation

Last Buyer's Agent

Mandy Robinson

Outer Banks Realty Group License #300017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,283

Year Built

  • Built in 1981

Lot Details

  • 0.46 Acre Lot
  • Level Lot

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,080 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Screened Porch

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Outdoor Pool
  • Vinyl Pool

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 63

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,283

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Extras: Ceiling Fan(s), Covered Decks, Screened Porch, Sun Deck
  • Subdivision Name: Whalehead Club
  • Headline: CHARMING AND TURN KEY!!
  • Heated Sq Ft: 2080
  • L V T Date: 08/12/2021
  • Primary Residence: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 4
  • Waterfront Location: More than 5th row
  • Zoning: RES
  • Deed Book Pg Number: 445
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • 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: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 4
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Hoa Contact: .
  • HOA Contact: .

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Number: Lot 63
  • Estimated Lot Size: 0.46
  • Deed Book: 1229

Rental Info

  • Est Annual Rental Income: 60000
  • Estimated Rental Performance: 0.0884

Building Info

  • Year Built: 1981

Tax Info

  • Year: 2021
  • Taxes: 2282.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2022
Sold by
Momenee Michael J and Momenee Alice R
Bought by
Michael And Alice Momenee Family Living Trust
Current Estimated Value
$775,608

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 30, 2021
Sold by
Hoban Richard J and Hoban Patricia A
Bought by
Momence Michael J and Momence Alice R
Seller's Agent
Melanie Day
Landmark Sotheby's Internation
Buyer's Agent
Mandy Robinson
Outer Banks Realty Group
List Price
$679,000
Sold Price
$679,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%
Original Mortgage
$543,200
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2012
Sold by
First South Bank
Bought by
Hoban Richard J and Hoban Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2011
Sold by
Jefferson Kenneth M
Bought by
First South Bank

Purchase Details

Closed on
Jun 3, 2005
Sold by
Cowart Lavania and Funk Edwin
Bought by
Jefferson Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,755
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
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
Michael And Alice Momenee Family Living Trust -- Sharp Starkey
Michael And Alice Momenee Family Living Trust -- Sharp Starkey
Momence Michael J $679,000 None Available
Hoban Richard J $260,000 None Available
First South Bank $460,000 None Available
Jefferson Kenneth $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Momence Michael J $543,200
Previous Owner Hoban Richard J $208,000
Previous Owner Jefferson Kenneth $403,755
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2021 10/07/21 Sold $679,000 0.0% $326 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $679,000 -- $326 / 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 $3,656 $376,700 $125,000 $251,700
2024 $3,656 $376,700 $125,000 $251,700
2023 $3,640 $376,700 $125,000 $251,700
2022 $3,013 $376,700 $125,000 $251,700
2021 $2,283 $298,600 $160,000 $138,600
2020 $2,375 $298,600 $160,000 $138,600
2019 $2,375 $298,600 $160,000 $138,600
2018 $2,375 $298,600 $160,000 $138,600
2017 $2,206 $298,600 $160,000 $138,600
2016 $2,221 $298,600 $160,000 $138,600
2015 $2,221 $298,600 $160,000 $138,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115681

Outer Banks Association of REALTORS®

APN: 115A-000-0063-0004