$205,000
SOLD NOV 13, 2015

1056 Mirage St Unit 417 Corolla, NC 27927

Corolla Neighborhood
3 Beds
2 Baths
1,273 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$161 Per Sq Ft

2% Below List Price

48 Days on Market

Highlights

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

About This Home

As of July 2016

Newly decorated with coastal casual elegance, this one level, end-unit condo, in the heart of Corolla Light is fully furnished and truly turn-key. Only six steps up, this condo offers easy access from the parking level but its privacy is unrivaled by the corner location, situated pond-front. Covered outdoor decking on three sides of this home offer extra gathering space, while the large windows provide an open and airy interior. This home also boasts a fireplace, surround sound and jetted tub. Take advantage of the many amenities that Corolla Light Resort offers, with trolley service throughout the area, walk to the nature trail along the sound, or it's just 2-1/2 blocks to the beach. The small town of Corolla, the Currituck Beach Light Station, and several town shops are all nearby. The four-wheel drive area is only 1.5 miles north. Just across the street from the villa, the Indoor Sports Center offers a large indoor pool with huge hot tub, two indoor clay tennis courts, cardio room, weight room, racquet ball and aerobics room. Outside there are four outdoor clay tennis courts(fee), four hard tennis courts, lighted full court and half court basketball courts, lighted volleyball court, shuffleboard, three oceanfront pools, one sound-side pool, heated training pool, kiddy pools, nature trails, kayaking, crabbing, lake, ocean and sound fishing.

Last Agent to Sell the Property

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 09/16/2015

Keller Williams - Outer Banks

Last Buyer's Agent

Natalie Drummond

Limelight Realty License #281147

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,099

Year Built

  • Built in 1992

Lot Details

  • Property fronts a private road
  • Lot includes common area

HOA Fees

  • $627 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

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

Interior Spaces

  • 1,273 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Pond Views
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Outdoor Pool
  • Sun Deck
  • Covered Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Community Details

Overview

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

Amenities

  • Common Area

Recreation

  • 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: Turn into Mirage, left, then right. West corner ground floor condo in South Building.
  • Extras: Ceiling Fan(s), Covered Decks, Jet Tub, Sun Deck
  • Flood Zone: X
  • Headline: Turn-key and pristine!
  • Heated Sq Ft: 1273
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 744
  • Major Subdivision: Corolla Light
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Wood Fireplace
  • Optional Rooms: Breakfast Nook

Exterior Features

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

Garage/Parking

  • Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, 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, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 7526
  • Home Owner Dwelling Insurance: 500

Lot Info

  • Lot Description: Adj. To Common Area
  • Deed Book: 1157

Rental Info

  • Est Annual Rental Income: 24610
  • Estimated Rental Performance: 0.12
  • Lease Terms: Weekly
  • Rental Co: Outer Banks Blue
  • Rental Cottage Name: Lighthouse Landing
  • Rental Cottage Number: M417
  • Rental Phone Number: 252-255-1220
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 700
  • Annual Electric: 1200
  • Annual Telephone Expense: 650
  • Annual Water Expense: 1200

Building Info

  • Year Built: 1992

Tax Info

  • Year: 2015
  • Taxes: 1099

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
48
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
9.60%
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 Type Sale Price Title Company
Warranty Deed $214,000 Attorney
Warranty Deed $206,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,500 New Conventional
Previous Owner $276,000 New Conventional
Previous Owner $34,500 Credit Line Revolving
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: 89583

Outer Banks Association of REALTORS®

APN: 115D-000-0417-0000