NOT LISTED FOR SALE

1071 Corolla Dr Corolla, NC 27927

Estimated Value: $832,000 - $977,680

5 Beds
3.5 Baths
2,021 Sq Ft
$453/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $760,000 $376 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,151/month

5 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Cathedral Ceiling
  • Ocean View
  • Coastal Architecture
  • Furnished

About This Home

As of May 2021

UPDATED and WELL APPOINTED home in Whalehead with direct and easy beach via the neighboring walkway at Tuna St. Complete with a private pool, OCEAN VIEWS, and tons of updates including NEW roof, NEW HVACs, NEW hot tub, NEW furniture, NEW paint and more! The home is a consistent rental producer with over $50K in rental income on the books for 2021. Reverse floorplan with main living area, kitchen, dining, half bath and master bedroom on the top level, and 4 more bedrooms and two full baths on the lower level. Enjoy spectacular views from the top deck and captains walk offering views of the Atlantic ocean, the Currituck Lighthouse, and the sound.

Last Agent to Sell the Property

Four Seasons Realty

Four Seasons Realty License #177785 Listed on: 03/29/2021

Co-Listed By

Max Konstanzer

Four Seasons Realty License #290410

Last Buyer's Agent

Hunter Davis

Twiddy and Company - Corolla License #301647

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,255

Year Built

  • Built in 1994

Lot Details

  • Landscaped

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Asphalt Shingled Roof
  • Shake Siding

Interior Spaces

  • 2,021 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Carpet
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Utilities

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

Listing and Financial Details

  • Tax Lot 48

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,255

Year Built

Built in 1994

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Hot Tub, Landscaped, Outside Shower, Smoke Detector(s)
  • Flood Zone: X
  • Headline: GREAT LOCATION, RENTS, UPDATES
  • Heated Sq Ft: 2021
  • L V T Date: 03/30/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 4
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res
  • Advertised Income 2020: 55324
  • Advertised Income 2021: 50396
  • Deed Book Pg Number: 46
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C14915
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5
  • Floor Coverings: Carpet, Vinyl Tile
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 45
  • Home Owner Dwelling Insurance: 1048

Lot Info

  • Lot Number: Lot 48
  • Deed Book: 1477

Rental Info

  • Est Annual Rental Income: 55324
  • Estimated Rental Performance: 0.0728
  • Flood Expenses: 797
  • Poolspa Expense: 3700
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: The Other Banks
  • Rental Cottage Number: J51071
  • Rental Turnover Day: Sunday
  • Annual Cable TV Expense: 2400
  • Annual Electric: 1700
  • Annual Water Expense: 850
  • Rental Contact Email: jkavanaugh@twiddy.com
  • Rental Contact Name: Jen Kavanaugh

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2020
  • Taxes: 3254.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2025
Sold by
Lauen Douglas L and Lauen Joanna Lee
Bought by
Douglas L & Joanna Lee Lauen Revocable Trust and Lauen
Current Estimated Value
$915,920

Purchase Details

Listed on
Mar 29, 2021
Closed on
Apr 22, 2021
Sold by
King Jason Scott and King Cathy Ann
Bought by
Lauen Douglas L and Lauen Joanna L
Seller's Agent
Four Seasons Realty
Four Seasons Realty
Buyer's Agent
Hunter Davis
Twiddy and Company - Corolla
List Price
$699,000
Sold Price
$760,000
Premium/Discount to List
$61,000
8.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%
Original Mortgage
$547,200
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 28, 2019
Closed on
Mar 27, 2019
Sold by
Banks Banks Shirley A Shirley A and Banks Thomas Ann
Bought by
King Jason Scott and King Cathy Ann
Seller's Agent
Colleen Shriver
Century 21 Nachman Realty
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$444,500
Sold Price
$432,500
Premium/Discount to List
-$12,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.98%
Original Mortgage
$389,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2018
Sold by
Banks Shirley A
Bought by
Banks Banks Shirley A Shirley A and Banks Thomas Ann

Purchase Details

Closed on
Jun 9, 2004
Bought by
Banks Shirley A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Douglas L & Joanna Lee Lauen Revocable Trust -- None Listed On Document
Lauen Douglas L $760,000 None Available
King Jason Scott $432,500 None Available
Banks Banks Shirley A Shirley A -- None Available
Banks Shirley A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lauen Douglas L $547,200
Previous Owner King Jason Scott $389,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2021 05/20/21 Sold $760,000 +8.7% $376 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $699,000 +61.6% $346 / Sq Ft
03/27/2019 03/27/19 Sold $432,500 -2.7% $205 / Sq Ft View Prior Sale
02/09/2019 02/09/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $444,500 -- $210 / 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 $4,173 $451,300 $183,800 $267,500
2024 $4,173 $451,300 $183,800 $267,500
2023 $4,157 $451,300 $183,800 $267,500
2022 $3,533 $451,300 $183,800 $267,500
2021 $3,517 $422,000 $178,500 $243,500
2020 $3,255 $422,000 $178,500 $243,500
2019 $3,255 $422,000 $178,500 $243,500
2018 $3,255 $422,000 $178,500 $243,500
2017 $3,023 $422,000 $178,500 $243,500
2016 $3,044 $422,000 $178,500 $243,500
2015 $3,046 $422,000 $178,500 $243,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 113581

Outer Banks Association of REALTORS®

APN: 115A-000-0048-0004