NOT LISTED FOR SALE

1083 Corolla Dr Corolla, NC 27927

Estimated Value: $912,000 - $1,014,499

6 Beds
5 Baths
2,300 Sq Ft
$427/Sq Ft Est. Value

Last Sold October 17, 2013

Last sale price $399,000 $173 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $5,551/month

333 Days on Market

Highlights

  • Beach Access
  • Second Refrigerator
  • Main Floor Bedroom
  • Outdoor Pool
  • Cathedral Ceiling
  • Furnished

About This Home

As of October 2013

6 bedroom, 5 bath in Whalehead. Great income producer! Large, private pool, kiddie pool, 2 hot tubs, big gameroom, 4 Master suites, large great room and kitchen, double decks plus a screened porch. Improvements include: new kitchen in 2012, pool deck replaced in 2012, pool pumps and pool plumbing replaced, top deck replaced in 2011, trim painted in 2012; new shutters added to the front 1/13. Sellers are aware of additional improvements and refurbishing needed and will consider all offers. Rental history is consistently good and can be improved on with some creativity. Short sale Price approved by the bank.

Last Agent to Sell the Property

Sheila Williamson

Sheila Williamson Broker License #141039 Listed on: 10/18/2012

Sheila Williamson Broker

Last Buyer's Agent

Jennifer Sylvia

Jennifer Sylvia Realty License #230844

Jennifer Sylvia Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1997

Lot Details

  • Lot Dimensions are 100 x 200

Home Design

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

Interior Spaces

  • 2,300 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Game Room

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Beach Access
  • Sun Deck

Utilities

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

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot lot 53

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,500

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: North on Rt 12; Rt on Shad St, Rt on Corolla; house on left
  • Extras: Beach Access, Ceiling Fan(s), Sun Deck
  • Flood Zone: X
  • Subdivision Name: Whalehead Club
  • Headline: Lowest priced 6 bedroom in WH
  • Heated Sq Ft: 2300
  • Potential Short Sale: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 3
  • Zoning: Res
  • Deed Book Pg Number: 710
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 6
  • Bedroom 1: On Level: Ground
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 1
  • Bedroom 5: On Level: 1
  • Bedroom 6: On Level: 2
  • Kitchen: On Level: 2
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Pantry
  • Dining Room: On Level: 2
  • Game Room: On Level: Ground
  • Living Room: On Level: 2

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Pool: Yes
  • Pool Type: Outdoor
  • Roof: Asphalt/Fiber Shingle

Utilities

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

Lot Info

  • Lot Faces: W
  • Lot Size: 100 x 200
  • Lot Number: lot 53
  • Deed Book: 613

Rental Info

  • Est Annual Rental Income: 40000
  • Estimated Rental Performance: 0.1003
  • Other Expenses: 400000
  • Rental Co: Karichele Realty
  • Rental Cottage Name: Lighthouse View
  • Rental Cottage Number: WC1083
  • Rental Phone Number: 252-453-4400
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 1997

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 3500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2012
Closed on
Oct 17, 2013
Sold by
Bowman Robert K and Bowman Debra L
Bought by
Coates Keith C and Coates Regina Kenney
Seller's Agent
Sheila Williamson
Sheila Williamson Broker
Buyer's Agent
Jennifer Sylvia
Jennifer Sylvia Realty
List Price
$529,000
Sold Price
$399,000
Premium/Discount to List
-$130,000
-24.57%
Current Estimated Value
$982,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$583,875
Avg. Annual Appreciation
7.66%
Original Mortgage
$319,200
Outstanding Balance
$239,166
Interest Rate
4.58%
Mortgage Type
New Conventional
Estimated Equity
$743,709
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
Coates Keith C $4,814 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coates Keith C $319,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2013 10/17/13 Sold $399,000 -24.6% $173 / Sq Ft
09/16/2013 09/16/13 Pending -- -- --
10/18/2012 10/18/12 For Sale $529,000 -- $230 / 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 $4,817 $514,800 $175,000 $339,800
2024 $4,817 $514,800 $175,000 $339,800
2023 $4,801 $514,800 $175,000 $339,800
2022 $4,073 $514,800 $175,000 $339,800
2021 $4,058 $480,200 $170,000 $310,200
2020 $3,776 $480,200 $170,000 $310,200
2019 $3,765 $480,200 $170,000 $310,200
2018 $3,765 $480,200 $170,000 $310,200
2017 $3,507 $480,200 $170,000 $310,200
2016 $3,532 $480,200 $170,000 $310,200
2015 $3,522 $473,400 $170,000 $303,400
Source: Public Records

Agents Affiliated with this Home

  • Sheila Williamson

    Seller's Agent in 2013

    Sheila Williamson

    Sheila Williamson Broker

    (252) 202-4729

    3 in this area

    33 Total Sales

    Sheila Williamson
    Section Image

  • J

    Buyer's Agent in 2013

    Jennifer Sylvia

    Jennifer Sylvia Realty

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 76691

Outer Banks Association of REALTORS®

APN: 115A-000-0053-0003

North Carolina Currituck County Corolla 27927

1083 Corolla Dr, Corolla, NC

Not Listed for Sale

Detached

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