NOT LISTED FOR SALE

1079 Corolla Dr Corolla, NC 27927

Estimated Value: $1,167,000 - $1,357,000

9 Beds
10 Baths
4,200 Sq Ft
$300/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $930,000 $221 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $6,939/month

90 Days on Market

Highlights

  • Ocean View
  • Rooftop Deck
  • Wood Flooring
  • In Ground Pool
  • Cathedral Ceiling
  • Hydromassage or Jetted Bathtub

About This Home

As of November 2021

Spacious with Coastal Decor 9 Bedroom house with strong rents on Corolla Drive. The C & Sky caters to the rental market with ALL the Things- Heated Pool, multiple living spaces, 7 large master suites (space and privacy!), multiple decks give everyone room to enjoy the area. Renters adore this home and the rental history shows it. Spacious Ground Floor game room is a magnet for relaxing good times and a memory making sanctuary. Heated 13 x 26 Pool has lounge space, pool side hot tub, cabana bar and outside half bath. Generous deck space on all floors, with a roof top deck for maximum views of the north end of Whalehead. Coastal accents are reflected in the artwork, including three stained glass windows along the front of the home. The Reverse Floor Plan Kitchen features two dishwashers, counter space for many chefs, custom tile floors, granite countertops and plenty of natural light. There is enough seating for all your family and then some. Counter seating, dining area and the elevated dining area give every one a spot at the table. If you are searching for a 9 BR Home with a great rental record, multiple living spaces, plenty of parking, put this on your radar today. Well maintained and just a short walk to the big water, this home offers renters and investors close proximity to the shopping, attractions and features of Corolla in an X flood Zone designation. This dog friendly home turns over on Saturdays.

Last Agent to Sell the Property

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 07/07/2021

Coldwell Banker Seaside Realty - KDH

Co-Listed By

Will Gregg

Coldwell Banker Seaside Realty - KDH License #233996

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,552

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 100x200x100x200
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 4,200 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Sun Deck
  • Rooftop Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Fuel Tank
  • Private or Community Septic Tank

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot #55

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,552

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Roof Top Deck
  • Flood Zone: X
  • Headline: Back on Market!
  • Heated Sq Ft: 4200
  • L V T Date: 07/07/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res
  • Deed Book Pg Number: 783
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • 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 w/Ice Maker, Washer
  • Bedrooms: 9
  • Countertops: Granite
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Ensuite, Wet Bar
  • Optional Rooms: Shipswatch
  • Partial Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Parking: Paved

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic

Lot Info

  • Lot Description: Level
  • Lot Size: 100x200x100x200
  • Lot Number: Lot#55
  • Deed Book: 1442

Rental Info

  • Est Annual Rental Income: 121675
  • Estimated Rental Performance: 0.1308
  • Lease Terms: Weekly
  • Rental Co: Vacasa - North
  • Rental Cottage Name: C & Sky
  • Rental Cottage Number: 4003
  • Rental Phone Number: (252) 453-9660
  • Rental Turnover Day: Saturday
  • Rental Contact Email: corollainfo@vacasa.com
  • Rental Contact Name: Corolla Classic Vacations
  • Rental Contact Phone: (252) 453-9660

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2020
  • Taxes: 4552

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Nov 12, 2021
Sold by
Tompkins Eugene R and Labriola Emily
Bought by
Yoho Kevin R and Arnott Melissa J
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$940,000
Sold Price
$930,000
Premium/Discount to List
-$10,000
-1.06%
Current Estimated Value
$1,227,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,986
Avg. Annual Appreciation
7.64%
Original Mortgage
$580,000
Outstanding Balance
$529,995
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$730,645

Purchase Details

Listed on
Jan 30, 2018
Closed on
Apr 16, 2018
Sold by
Corolla Dr Llc
Bought by
Tompkins Eugene R and Tompkins Emily Labriola
Seller's Agent
Ilona Matteson
Beach Realty & Construction
Buyer's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
List Price
$639,000
Sold Price
$623,000
Premium/Discount to List
-$16,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.95%
Original Mortgage
$300,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2016
Sold by
Lisse Darren S and Hamer Linnea H
Bought by
1079 Corolla Dr Llc

Purchase Details

Closed on
Dec 8, 2003
Bought by
Lisse Darren S and Hamer Linnea H
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
Yoho Kevin R $930,000 Meads Laura F
Tompkins Eugene R $623,000 None Available
1079 Corolla Dr Llc -- None Available
Lisse Darren S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoho Kevin R $580,000
Previous Owner Tompkins Eugene R $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2021 11/18/21 Sold $930,000 -0.1% $221 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/28/2021 09/28/21 Price Changed $930,900 -1.0% $222 / Sq Ft
09/14/2021 09/14/21 For Sale $940,000 0.0% $224 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
08/12/2021 08/12/21 Price Changed $940,000 -1.1% $224 / Sq Ft
07/23/2021 07/23/21 For Sale $950,000 0.0% $226 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $950,000 +52.5% $226 / Sq Ft
05/04/2018 05/04/18 Sold $623,000 -2.5% $148 / Sq Ft View Prior Sale
03/22/2018 03/22/18 Pending -- -- --
01/30/2018 01/30/18 For Sale $639,000 -- $152 / 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 $6,291 $661,600 $175,000 $486,600
2024 $6,291 $661,600 $175,000 $486,600
2023 $6,077 $661,600 $175,000 $486,600
2022 $5,128 $661,600 $175,000 $486,600
2021 $5,113 $586,600 $170,000 $416,600
2020 $4,552 $586,600 $170,000 $416,600
2019 $4,552 $586,600 $170,000 $416,600
2018 $4,552 $563,000 $170,000 $393,000
2017 $4,079 $563,000 $170,000 $393,000
2016 $4,108 $563,000 $170,000 $393,000
2015 -- $563,000 $170,000 $393,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115111

Outer Banks Association of REALTORS®

APN: 115A-000-0055-0003