NOT LISTED FOR SALE

Estimated Value: $1,124,000 - $1,277,000

5 Beds
5.5 Baths
2,920 Sq Ft
$423/Sq Ft Est. Value

Last Sold December 19, 2014

Last sale price $645,000 $221 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $7,511/month

733 Days on Market

Highlights

  • Community Beach Access
  • Home fronts a sound
  • Clubhouse
  • Views of a Sound
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of December 2014

What a great rental! 28 weeks rented in 2013 for a gross of $51,260, and 31 weeks in 2014 for a gross of $53,611. You will find this well built and well maintained soundfront property exactly "As You Like It". Nestled in the trees in exclusive Corolla Light, this home enjoys beautiful sound and pond views and is just a short distance from the indoor sports center. The house itself is well appointed with four master bedrooms and baths, one bunk room for the kids with a hall bath shared by the game room and pool area. The living area is open and comfortable with outstanding views and the kitchen has loads of storage and good counter space. Take a look at this one. You will be glad you did.

Last Agent to Sell the Property

Debra Price

Debbie Price, Broker License #108320 Listed on: 10/24/2012

Last Buyer's Agent

Bryant Carter

Keller Williams - Outer Banks License #131661

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,554

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 77 x 123
  • Home fronts a sound
  • Property fronts a private road
  • Landscaped

HOA Fees

  • $252 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Pond Views

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,920 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 552

Community Details

Overview

  • Association fees include common insurance, management, pool, road maintenance, security, tennis courts
  • Don Cheek Association
  • Built by Pete Hunter
  • Corolla Light Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,554

Year Built

Built in 2003

Lot Details

0

HOA Fees

$252 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Turn W on Hampton from RT 12. Follow to 1064 on Right
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Landscaped, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Corolla Light
  • Heated Sq Ft: 2920
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 872
  • Major Subdivision: Corolla Light
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Bedroom 1: Master, On Level: 2
  • Bedroom 2: Master, On Level: 1
  • Bedroom 3: Master, On Level: 1
  • Bedroom 4: Master, On Level: 1
  • Bedroom 5: Bunks, On Level: Ground
  • Kitchen: nice, On Level: 2
  • Countertops: Corian
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Some Windows Treated, Washer Connection, Wet Bar
  • Dining Room: combo, On Level: 2
  • Game Room: Pool table, On Level: Ground
  • Living Room: open, On Level: 2
  • Optional Rooms: Foyer, Game Room
  • Partial Bathrooms: 1
  • Optional Room 1: OfficeNook, On Level: 1

Exterior Features

  • Homebuilder: Pete Hunter
  • Construction: Frame, Wood
  • Covered Deck Size: yest
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 77
  • Sun Deck Size: yes
  • View: Pond, Sound

Garage/Parking

  • Garage: 1 Car, Carport

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Electric, Heat Pump, Zoned
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Management, Pool, Road Maintenance, Security, Tennis Courts
  • Association Amenities: Clubhouse, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Racquetball, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3018
  • Hoa Contact: Don Cheek
  • HOA Contact: 453-2455
  • Home Owner Dwelling Insurance: 3689

Lot Info

  • Lot Description: Water Frontage
  • Lot Size: 77 x 123
  • Lot Number: Lot 552
  • Deed Book: 743

Rental Info

  • Est Annual Rental Income: 51260
  • Estimated Rental Performance: 0.0795
  • Lease Terms: Weekly
  • Maintenance Expenses: 1160
  • Poolspa Expense: 3600
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: As You Like It
  • Rental Cottage Number: K0552
  • Rental Phone Number: 457-1100
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 666
  • Annual Electric: 2400
  • Annual Telephone Expense: 382
  • Annual Water Expense: 2087

Building Info

  • Year Built: 2003

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2013
  • Taxes: 2554

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2019
Sold by
Gardiner George and Gardiner Margarita
Bought by
Gardiner George C and Gardiner Margarita H
Current Estimated Value
$1,250,940

Purchase Details

Listed on
Oct 24, 2012
Closed on
Dec 19, 2014
Sold by
Bannister Stephen A and Bannister Carolyn
Bought by
Gardiner George and Gardiner Margarita
Seller's Agent
Debra Price
Debbie Price, Broker
Buyer's Agent
Bryant Carter
Keller Williams - Outer Banks
List Price
$799,000
Sold Price
$645,000
Premium/Discount to List
-$154,000
-19.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$483,750
Outstanding Balance
$363,248
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$873,034

Purchase Details

Listed on
Oct 24, 2012
Closed on
Dec 18, 2014
Sold by
Hanson John J
Bought by
Ronaghan Cathleen Marie
Seller's Agent
Debra Price
Debbie Price, Broker
Buyer's Agent
Bryant Carter
Keller Williams - Outer Banks
List Price
$799,000
Sold Price
$645,000
Premium/Discount to List
-$154,000
-19.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,750
Outstanding Balance
$363,248
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$873,034
Source: Public Records

Range of Values:

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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
Gardiner George C -- None Available
Gardiner George $645,000 Attorney
Ronaghan Cathleen Marie $50,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardiner George $483,750
Closed Ronaghan Cathleen Marie $483,750
Previous Owner Bannister Stephen A $368,000
Previous Owner Garbisch Norbert S $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2014 12/19/14 Sold $645,000 -19.3% $221 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
10/24/2012 10/24/12 For Sale $799,000 -- $274 / 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 $5,315 $692,500 $220,000 $472,500
2023 $5,315 $692,500 $220,000 $472,500
2022 $3,968 $692,500 $220,000 $472,500
2021 $3,953 $570,900 $200,000 $370,900
2020 $3,296 $570,900 $200,000 $370,900
2019 $3,296 $570,900 $200,000 $370,900
2018 $0 $570,900 $200,000 $370,900
2017 $2,999 $555,000 $200,000 $355,000
2016 $3,008 $555,000 $200,000 $355,000
2015 $2,892 $532,100 $200,000 $332,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 76727

Outer Banks Association of REALTORS®

APN: 115B-000-0552-0000