NOT LISTED FOR SALE

1078 Corolla Dr Corolla, NC 27927

Estimated Value: $992,897 - $1,118,000

6 Beds
5.5 Baths
3,136 Sq Ft
$345/Sq Ft Est. Value

Last Sold December 28, 2015

Last sale price $586,000 $187 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $6,073/month

526 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Cathedral Ceiling
  • Beach Access
  • Second Refrigerator
  • Wood Flooring

About This Home

As of December 2015

THIS POPULAR WHALEHEAD CLUB 6 BEDROOM 5 .5 BATH, 5 LEVEL GEM, BUILT IN 2003, WITH 3136 SF HAS SUPER INCOME RETURN GETTING OVER 60k WHEN WIDE OPEN. THE WRAP AROUND DECKS COMPLIMENTS THE POOL, HOT TUB, AND LARGE YARD FOR GREAT ENTERTAINMENT AREAS. THE UPPER LEVEL OFFERS A SOUGHT AFTER OPEN CONCEPT FLOOR PLAN HAS A DINING AREA , GAME TABLE AREA, EAT AT BAR, 60” TV WITH SURROUND SOUND SPEAKERS, GAS FIREPLACE AND WITH DOORS LEADING TO THE HUGE SOUTH SIDE DECK. THE SPACIOUS KITCHEN OPENS TO THIS AREA FOR EASE OF CONVERSATION. AND A HALF BATH IS CONVENIENT TO THE ENTERTAINMENT AREAS. THE 2ND LEVEL DOWN HAS A LARGE KING BED AND PRIVATE BATH WITH DOUBLE SINK VANITY, LARGE SOAKER TUB AND SEPARATE SHOWER. THE 3RD LEVEL IS THE ENTRY LEVEL WHICH BOASTS A KING BEDROOM WITH SLIDING DOORS TO THE DECK AND PRIVATE BATH WITH SOAKER TUB AND SEPARATE SHOWER. A DOUBLE BEDROOM HAS SLIDING DOORS TO THE HOT TUB DECK AND THE 4 BED BUNK BEDROOM HAS HALL BATH WITH DOUBLE SINK AND SHOWER. THE COVERED DECKS ON THIS LEVEL WRAPS AROUND TO THE FRONT DECK WITH ACCESS TO THE UPPER DECK AND LOWER DECK AND POOL AREA. THE 4TH LEVEL DOWN HAS ANOTHER LARGE KING BEDROOM WITH PRIVATE BATH, SOAKER TUB AND SEPARATE SHOWER AND COMMODE. AND FINALLY THE 5TH AND GROUND LEVEL BOASTS THE POOL TABLE, WET BAR WITH REFRIGERATOR AND CABINETS AS WELL AS A BUNK BEDROOM WITH ATTACHED DOUBLE SINK FULL BATH. A WALL OF SLIDING GLASS DOORS LEAD TO THE POOL AREA AND PATIO. ALL OF THIS IN .02 FLOOD ZONE AND COUPLED WITH GREAT BEACH ACCESS JUST DOWN SHAD MAKES A PERFECT HOME FOR GREAT ENTERTAINMENT AND GREAT RENTALS. A MUST SEE PROPERTY!!

Last Agent to Sell the Property

Mary Fouty-Davis

Sun Realty - Kitty Hawk / Currituck License #149905 Listed on: 06/12/2014

Last Buyer's Agent

Cheryl White

Century 21 Nachman Realty License #198203

Century 21 Nachman Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,750

Year Built

  • Built in 2003

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100 x 200
  • Landscaped
  • Level Lot

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,136 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Beach Access
  • Sun Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot 62

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,750

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: N ON RT 12 TO LAST WHALEHEAD CLUB STREET, SHAD. R ON SHAD, R ON COROLLA, HOME ON RIGHT
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Hot Tub, Landscaped, Outside Shower, Patio, Smoke Detector(s), Sun Deck
  • Subdivision Name: WHALEHEAD CLUB
  • Headline: CAPTIVATINGLY COLOSSAL COROLLA
  • Heated Sq Ft: 3136
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: More than 5th row
  • Zoning: RES
  • Deed Book Pg Number: 765
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 100 X 200
  • Lot Number: Lot 62
  • Deed Book: 660

Rental Info

  • Est Annual Rental Income: 60000
  • Estimated Rental Performance: 0.1024
  • Lease Terms: Weekly
  • Other Expenses: 160000
  • Rental Co: Sun Realty
  • Rental Cottage Name: MAJAROWITZ
  • Rental Phone Number: 453-8822
  • Rental Turnover Day: SAT

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2013
  • Taxes: 2750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2014
Closed on
Dec 3, 2015
Sold by
Majarowitz Joseph and Majarowitz Susan E
Bought by
Zehner Kevin David
Seller's Agent
Mary Fouty-Davis
Sun Realty - Kitty Hawk / Currituck
Buyer's Agent
Cheryl White
Century 21 Nachman Realty
List Price
$624,900
Sold Price
$586,000
Premium/Discount to List
-$38,900
-6.22%
Current Estimated Value
$1,081,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,974
Avg. Annual Appreciation
6.27%
Original Mortgage
$465,000
Outstanding Balance
$366,098
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$715,876
Source: Public Records
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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
Zehner Kevin David $586,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zehner Kevin David $465,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2015 12/28/15 Sold $586,000 -6.2% $187 / Sq Ft
11/20/2015 11/20/15 Pending -- -- --
06/12/2014 06/12/14 For Sale $624,900 -- $199 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $5,388 $577,000 $125,000 $452,000
2024 $5,388 $577,000 $125,000 $452,000
2023 $5,372 $577,000 $125,000 $452,000
2022 $4,553 $577,000 $125,000 $452,000
2021 $4,522 $567,100 $160,000 $407,100
2020 $4,426 $567,100 $160,000 $407,100
2019 $4,412 $567,100 $160,000 $407,100
2018 $4,412 $567,100 $160,000 $407,100
2017 $4,098 $567,100 $160,000 $407,100
2016 $4,127 $567,100 $160,000 $407,100
2015 $4,127 $567,100 $160,000 $407,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 84085

Outer Banks Association of REALTORS®

APN: 115A-000-0062-0003