NOT LISTED FOR SALE

1056 Mirage St Unit 417 Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $422,000 - $553,000

3 Beds
2 Baths
1,270 Sq Ft
$381/Sq Ft Est. Value

Last Sold July 18, 2016

Last sale price $214,000 $169 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,511/month

4 Days on Market

Highlights

  • Community Beach Access
  • Heated Indoor Pool
  • Coastal Architecture
  • Health Club
  • Pond View
  • Hydromassage or Jetted Bathtub

About This Home

As of July 2016

Immaculate 3 Bedroom, 2 Bath condominium with easy access to all that Corolla Light has to offer! This is one level living at its best, with just six steps to climb to this ground level unit. Since this is an end unit, there are windows and decks on three sides, lending lots of light to the interior. With high ceilings and an open concept living area, the home is light, bright, and airy- just what you want for a beach home! Living room features a large flat screen TV, gas logs, and access to side deck. Kitchen opens to dining area and also features plenty of bar space that seats even more guests. Front bedroom is spacious with pyramid bunk beds, flat-screen TV, and room for your young guests to play. The hall bathroom is updated with tile floors, a light paint scheme, and a full bath/shower. On the back side of the unit is another guest bedroom with access to the back deck, beautifully furnished in beachy décor. You’ll fall in love with the spacious master bedroom, which opens to a Jacuzzi garden tub, updated double vanity, and separate toilet and shower. Location is FANTASTIC- X Flood zone means no flood insurance required! Just 1.5 miles north is the four-wheel drive area, where you can view the wild horses and explore some more. The town shops and Currituck light house are also just a bike away. As a member of the Corolla Light Association, this home has access to SO many amenities- On the oceanfront, there are two swimming pools, basketball, volleyball and shuffleboard courts, poolside snack bar, baby pool, children’s playground. The sports center features two indoor clay tennis courts, racquetball court, weight room and cardio equipment, Indoor heated lap pool, and 12 person spa. On the soundside, you’ll find another pool, soundfront pier and gazebo, walking trail, and fishing pond. Seller financing is available for qualified buyers! All furnishings convey so this condo is turn-key and move-in ready!

Last Agent to Sell the Property

Natalie Drummond

Limelight Realty License #281147 Listed on: 05/26/2016

Last Buyer's Agent

Cory Taylor

Southern Shores Realty License #225898

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,099

Year Built

  • Built in 1992

Lot Details

  • Property fronts a private road

HOA Fees

  • $627 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Coastal Architecture
  • Property Attached
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,270 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Pond Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Pool

  • Heated Indoor Pool
  • Heated In Ground Pool

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include building maintenance, common insurance, grounds maintenance, management, pool, road maintenance, tennis courts, walkways
  • Mirage Condo Subdivision

Recreation

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,099

Year Built

Built in 1992

Lot Details

0

HOA Fees

$627 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: From Hwy 12, turn right into Mirage subdivision, then turn left, first building on the right.
  • Extras: Ceiling Fan(s), Covered Decks, Jet Tub, Sun Deck
  • Flood Zone: X
  • Headline: 1st Level Unit- Move in Ready!
  • Heated Sq Ft: 1270
  • L V T Date: 05/26/2016
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 4
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 680
  • Major Subdivision: Corolla Light
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Gas Fireplace, Ice Maker Connection, Ensuite

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Indoor, Outdoor, In Ground, Heated, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Pond

Garage/Parking

  • Parking: Parking Lot

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Fuel Tanks: Leased
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Tennis Courts, Walkways
  • Condo Type: Attached
  • Association Amenities: Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Racquetball, Sound Access, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 7526

Lot Info

  • Deed Book: 1346

Rental Info

  • Est Annual Rental Income: 15750
  • Estimated Rental Performance: 0.0736
  • Lease Terms: Weekly
  • Other Expenses: 40000
  • Rental Co: Outer Banks Blue
  • Rental Cottage Name: Lighthouse Landing
  • Rental Cottage Number: M417
  • Rental Phone Number: 252-255-1220
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 1992

Tax Info

  • Year: 2015
  • Taxes: 1099.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2016
Closed on
Jul 7, 2016
Sold by
Fizer Anne
Bought by
Cochran Francis W and Cochran Fay J
Seller's Agent
Natalie Drummond
Limelight Realty
Buyer's Agent
Cory Taylor
Southern Shores Realty
List Price
$224,900
Sold Price
$214,000
Premium/Discount to List
-$10,900
-4.85%
Total Days on Market
4
Current Estimated Value
$483,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,607
Avg. Annual Appreciation
9.62%
Original Mortgage
$160,500
Outstanding Balance
$129,339
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$354,268

Purchase Details

Closed on
Mar 26, 2011
Sold by
Ramkey Michael B
Bought by
Benizio Janine

Purchase Details

Closed on
Apr 19, 2010
Sold by
Ramkey Michael B and Ramkey Tina N
Bought by
Ramkey Michael B
Source: Public Records

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Range of Values:

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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
Cochran Francis W $214,000 Attorney
Benizio Janine $206,000 None Available
Ramkey Michael B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cochran Francis W $160,500
Previous Owner Ramkey Michael Bret $276,000
Previous Owner Ramkey Michael Bret $34,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2016 07/18/16 Sold $214,000 -4.8% $169 / Sq Ft
05/30/2016 05/30/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $224,900 +9.7% $177 / Sq Ft
11/13/2015 11/13/15 Sold $205,000 -1.9% $161 / Sq Ft
11/03/2015 11/03/15 Pending -- -- --
09/16/2015 09/16/15 For Sale $209,000 -- $164 / 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 $2,045 $217,600 $62,000 $155,600
2023 $2,045 $217,600 $62,000 $155,600
2022 $1,585 $217,600 $62,000 $155,600
2021 $1,570 $170,400 $40,000 $130,400
2020 $1,211 $170,400 $40,000 $130,400
2019 $1,208 $170,400 $40,000 $130,400
2018 $1,208 $170,400 $40,000 $130,400
2017 $1,099 $170,400 $40,000 $130,400
2016 $1,099 $170,400 $40,000 $130,400
2015 -- $170,400 $40,000 $130,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 92533

Outer Banks Association of REALTORS®

APN: 115D-000-0417-0000