Seller's Agent in 2021
Frances Kapinos
Carolina Designs Realty
(252) 202-8467
1 in this area
9 Total Sales
1080 Corolla Dr Corolla, NC 27927
Estimated Value: $968,000 - $1,093,000
7
Beds
5
Baths
2,939
Sq Ft
$342/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Second Refrigerator
- Cathedral Ceiling
- In Ground Pool
- Contemporary Architecture
- Furnished
About This Home
As of December 2021Rental projection from Corolla Classics/VACASA in Associated Docs. Privacy surrounding this lovely 7 Bedroom/ 5 Bath home with pool table and kitchenette/wet bar area on ground level. The spacious open great room has cathedral ceilings, wood floors, gas fireplace, and plenty of room for family and friends to gather around the dining table, breakfast bar, and kitchen table. King bedroom suites on top and mid levels with soaking tubs, double sinks, and separate showers. Queen suite on mid level. Pyramid bunk and 2 sets of bunks on the ground level. Relax in the large private pool and newer hot tub. Wrap-around sun decks and covered decks to enjoy sunrises and sunsets. Re-carpeted and painted recently in mid-level and ground-level southside bedrooms. Short distance to either one of the beach accesses, Currituck Heritage Park and Lighthouse, Corolla Village, and Four Wheel Drive area- home of the Spanish Mustangs. There is so much to do in the fabulous Corolla area.
Last Agent to Sell the Property
Carolina Designs Realty License #188811 Listed on: 07/03/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,184
Year Built
- Built in 2003
Lot Details
- 0.46 Acre Lot
- Lot Dimensions are 100x200
- Level Lot
HOA Fees
- $4 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Vinyl Construction Material
Interior Spaces
- 2,939 Sq Ft Home
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Entrance Foyer
- Game Room
- Utility Room
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Ice Maker
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 7 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
- 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 63
Community Details
Overview
- Wpoa.Org Association
- Whalehead Club Subdivision
Recreation
- Community Beach Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2021
Closed on
Nov 23, 2021
Sold by
Williams Sanford S and Williams Anastasia L
Bought by
Spells Albert J and Spells Doretha J
Seller's Agent
Frances Kapinos
Carolina Designs Realty
Buyer's Agent
Michele Defazio-Bouchard
Coastal Outer Banks Realty
List Price
$875,000
Sold Price
$825,000
Premium/Discount to List
-$50,000
-5.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,804
Avg. Annual Appreciation
4.91%
Original Mortgage
$577,500
Outstanding Balance
$527,711
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$476,093
Purchase Details
Closed on
May 22, 2005
Sold by
Orfobaton Nosa G and Ward Virginia E
Bought by
Williams Sanford S and Williams Anastasia L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spells Albert J | $4,125,000 | Innes & Innes Pllc | |
| Williams Sanford S | $875,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spells Albert J | $577,500 | |
| Previous Owner | Williams Sanford S | $137,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/01/2021 12/01/21 | Sold | $825,000 | -4.0% | $281 / Sq Ft |
| 10/16/2021 10/16/21 | Pending | -- | -- | -- |
| 09/16/2021 09/16/21 | Price Changed | $859,000 | -1.8% | $292 / Sq Ft |
| 09/02/2021 09/02/21 | For Sale | $875,000 | +6.1% | $298 / Sq Ft |
| 08/02/2021 08/02/21 | Off Market | $825,000 | -- | -- |
| 07/03/2021 07/03/21 | For Sale | $875,000 | -- | $298 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $5,155 | $563,300 | $125,000 | $438,300 |
| 2024 | $5,155 | $563,300 | $125,000 | $438,300 |
| 2023 | $5,139 | $563,300 | $125,000 | $438,300 |
| 2022 | $4,357 | $563,300 | $125,000 | $438,300 |
| 2021 | $4,336 | $546,200 | $160,000 | $386,200 |
| 2020 | $4,184 | $546,200 | $160,000 | $386,200 |
| 2019 | $4,184 | $546,200 | $160,000 | $386,200 |
| 2018 | $4,184 | $546,200 | $160,000 | $386,200 |
| 2017 | $3,880 | $546,200 | $160,000 | $386,200 |
| 2016 | $3,908 | $546,200 | $160,000 | $386,200 |
| 2015 | $3,912 | $546,200 | $160,000 | $386,200 |
Source: Public Records
Agents Affiliated with this Home
-
Frances Kapinos
-
Michele Defazio-Bouchard
Buyer's Agent in 2021
Michele Defazio-Bouchard
Coastal Outer Banks Realty
(914) 384-3563
9 in this area
22 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 115065
APN: 115A-000-0063-0003
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