NOT LISTED FOR SALE

1068 Corolla Dr Corolla, NC 27927

Estimated Value: $1,129,000 - $1,314,000

8 Beds
10 Baths
4,400 Sq Ft
$279/Sq Ft Est. Value

Last Sold June 03, 2020

Last sale price $575,000 $131 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $7,045/month

58 Days on Market

Highlights

  • Water Views
  • Vaulted Ceiling
  • Wet Bar
  • In Ground Pool
  • No HOA
  • Walk-In Closet

About This Home

As of June 2020

This is an opportunity not to miss out on. 8 master bedrooms, 4,400 square feet, ocean and sound views in the low $500,000's. Gunite Pool, Hot Tub, and Outdoor Showers. Large Multi Level Covered and Sun Decks. Elevator, Fireplace, Multiple Game Room Areas, Theater Room, and Bar.

Last Agent to Sell the Property

Andy Tucker

Beach House Brokers, LLC License #249929 Listed on: 04/06/2020

Last Buyer's Agent

Johanna Tucker

Beach House Brokers, LLC License #246978

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,974

Year Built

  • Built in 2006

Lot Details

  • 0.46 Acre Lot

Parking

  • Driveway

Home Design

  • Reverse Style Home
  • Architectural Shingle Roof
  • Piling Construction

Interior Spaces

  • 4,400 Sq Ft Home
  • Elevator
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Water Views
  • Partial Basement
  • Attic Access Panel

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 70

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,974

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Stories Levels: 3 Story or More
  • Year Built: 2006
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling - Vaulted, Wet Bar, Wash/Dry Connect, Walk-In Closet, Reverse Floor Plan, Hot Tub, Gas Logs, Elevator, Ceiling Fan(s)
  • List Price per Sq Ft: 119.30
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bathrooms: 10.00
  • Bedrooms: 8
  • Number Rooms: 14
  • Sq Ft Heated: 4400.00
  • Total Heated Primary Separate Sq Ft: 4400.00

Exterior Features

  • Exterior Finish: Fiber Cement
  • Fencing: Partial
  • Foundation: Pilings
  • On Site Pool Spa: Hot Tub, In Ground
  • Roof: Architectural Shingle
  • Waterview: Yes

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: Concrete

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer
  • Cooling System: Central, Zoned, Heat Pump
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Dominion Energy
  • Utilities: Municipal Water, Underground, Septic On Site
  • Water Heater: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 740.00
  • Lot Number: 70
  • Lot Sq Ft: 20000.00
  • Lot View Type: Water View

Tax Info

  • Tax Year: 2019
  • Total Real Estate Property Taxes: 4974.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2020
Closed on
May 28, 2020
Sold by
Us Bank National Association
Bought by
1068 Corolla Dr Llc
Seller's Agent
Andy Tucker
Beach House Brokers, LLC
Buyer's Agent
Johanna Tucker
Beach House Brokers, LLC
Sold Price
$575,000
Current Estimated Value
$1,225,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$650,678
Avg. Annual Appreciation
15.20%

Purchase Details

Closed on
Mar 18, 2020
Sold by
Fling Sean and Fling Michelle
Bought by
U S Bank National Association

Purchase Details

Closed on
Aug 15, 2005
Sold by
Hartley Bryan D and Hartley Shelley S
Bought by
Fling Sean and Fling Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,035,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
1068 Corolla Dr Llc $575,000 None Available
U S Bank National Association $577,150 None Available
Fling Sean $530,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fling Sean $1,035,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2020 09/19/20 Off Market $575,000 -- --
06/03/2020 06/03/20 Sold $575,000 -- $131 / Sq Ft
Source: Hive MLS

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 $6,250 $681,700 $125,000 $556,700
2023 $5,666 $681,700 $125,000 $556,700
2022 $5,289 $681,700 $125,000 $556,700
2021 $5,274 $640,800 $160,000 $480,800
2020 $4,974 $640,800 $160,000 $480,800
2019 $4,957 $640,800 $160,000 $480,800
2018 $4,957 $640,800 $160,000 $480,800
2017 $4,620 $640,800 $160,000 $480,800
2016 $4,654 $640,800 $160,000 $480,800
2015 $4,654 $640,800 $160,000 $480,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Andy Tucker

    Beach House Brokers, LLC

    (252) 202-7873

    6 in this area

    62 Total Sales

    Andy Tucker
    Section Image

  • J

    Buyer's Agent in 2020

    Johanna Tucker

    Beach House Brokers, LLC

    Section Image
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Map

Source: Hive MLS

MLS Number: 899089

Hive MLS

APN: 115A-000-0070-0004

North Carolina Currituck County Corolla 27927

1068 Corolla Dr, Corolla, NC

This home is located at 1068 Corolla Dr, Corolla, NC 27927 since 06 April 2020 and is currently estimated at $1,225,678, approximately $278 per square foot. This property was built in 2006. 1068 Corolla Dr is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

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