NOT LISTED FOR SALE

Estimated Value: $831,000 - $962,000

5 Beds
5 Baths
2,712 Sq Ft
$333/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $435,000 $160 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $5,518/month

36 Days on Market

Highlights

  • Views of a Sound
  • Home fronts a sound
  • Second Refrigerator
  • Health Club
  • In Ground Pool
  • Clubhouse

About This Home

As of May 2018

Fantastic opportunity to own a stunning 5 bedroom 5 full bath designer beach house in the top rated resort of Corolla Light. Entering the columns of the double story porch, the midlevel features a two-story entry foyer that opens to a large great room with soaring ceilings and skywalk plus an integrated kitchen, bar and dining area perfect for entertaining. The midlevel also offers the first of 2 master suites plus a second full bath. The ground level features a gated private pool and hot tub off the game room along with a bedroom and full bath perfect for kids. The top level features a second master suite and 2 additional large bedrooms that share a full bath. The combination of wrap around porches and decks create fantastic outdoor entertaining area and private getaway. You won't find a better set up, and, it's in Corolla Light. Make sure this is on your "must see" list!

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 02/27/2018

Keller Williams - Outer Banks

Last Buyer's Agent

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 02/27/2018

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,701

Year Built

  • Built in 2004

Lot Details

  • Home fronts a sound
  • Property fronts a private road
  • Level Lot

HOA Fees

  • $269 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,712 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Views of a Sound
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot #571

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, security, tennis courts, walkways
  • Corolla Light Subdivision

Amenities

  • Clubhouse

Recreation

  • Health Club
  • Tennis Courts
  • Indoor Tennis Courts
  • Racquetball
  • Community Playground
  • Community Indoor Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,701

Year Built

Built in 2004

Lot Details

0

HOA Fees

$269 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Traditional, Coastal
  • Directions: Highway 12N to Corolla Light. Left on Hampton Street, house down on left.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Headline: Priced to Sell!
  • Heated Sq Ft: 2712
  • L V T Date: 02/27/2018
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 28
  • Major Subdivision: Corolla Light
  • Office License Number: C26996
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Tile, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Pantry, Some Windows Treated, Washer Connection

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Sound

Garage/Parking

  • Garage: Carport
  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Clubhouse, Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground, Racquetball
  • Association Fee: Yes
  • Estimated Annual Fee: 3232

Lot Info

  • Lot Description: Level
  • Lot Number: Lot #571
  • Deed Book: 717

Rental Info

  • Est Annual Rental Income: 39450
  • Estimated Rental Performance: 0.0907
  • Other Insurance Expenses: 347
  • Poolspa Expense: 2300
  • Rental Co: Vacasa - North
  • Rental Cottage Name: Sunshine Daydream
  • Rental Cottage Number: 571
  • Rental Phone Number: 252-453-9660
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1200
  • Annual Electric: 2350
  • Annual Water Expense: 1432

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2017
  • Taxes: 2701

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2018
Closed on
May 17, 2018
Sold by
Fabian Geoffrey T and Fabian Amy J
Bought by
Elnahal Zoheir A and Elnahal Mary Kathryn
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$449,000
Sold Price
$435,000
Premium/Discount to List
-$14,000
-3.12%
Current Estimated Value
$903,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,201
Avg. Annual Appreciation
10.56%
Original Mortgage
$295,000
Outstanding Balance
$176,378
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$726,823

Purchase Details

Closed on
Sep 30, 2003
Bought by
Fabian Geoffrey T and Fabian Amy J
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
Elnahal Zoheir A $435,000 None Available
Fabian Geoffrey T $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elnahal Zoheir A $295,000
Previous Owner Fabian Geoffrey T $400,300
Previous Owner Fabian Geoffrey T $395,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2018 05/18/18 Sold $435,000 -3.1% $160 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $449,000 -- $166 / 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 $4,045 $490,200 $70,000 $420,200
2023 $3,621 $490,200 $70,000 $420,200
2022 $3,043 $490,200 $70,000 $420,200
2021 $3,028 $471,400 $100,000 $371,400
2020 $2,867 $471,400 $100,000 $371,400
2019 $2,867 $471,400 $100,000 $371,400
2018 $2,867 $510,800 $100,000 $410,800
2017 $2,702 $510,800 $100,000 $410,800
2016 $2,702 $510,800 $100,000 $410,800
2015 $2,702 $510,800 $100,000 $410,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99408

Outer Banks Association of REALTORS®

APN: 115B-000-0571-0000