NOT LISTED FOR SALE

1086 Corolla Dr Corolla, NC 27927

Estimated Value: $926,000 - $1,013,000

7 Beds
6.5 Baths
3,033 Sq Ft
$319/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $512,000 $169 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,396/month

2 Days on Market

Highlights

  • Community Beach Access
  • Second Refrigerator
  • Cathedral Ceiling
  • In Ground Pool
  • Coastal Architecture
  • Furnished

About This Home

As of May 2019

What an investment! This home is a rental machine - even with limited calendar, it is generating over 10% GRI! Everything you need for the perfect beach vacation is here - 7 bedrooms (4 masters!) and 3 living areas including a large great room, mid-level den and ground floor game room with pool table. Outside, the fun continues - large in ground private pool, adjacent in ground kiddie pool, hot tub and a volleyball court, you will never be at a loss for things to do. The bright and open floorplan provides plenty of room for your family/friends and guests to spread out. Beach time is easy…close and direct beach access straight down Shad St. Ready to explore further? This home is centrally located - close to the Whalehead Club, Corolla Lighthouse and the shops and restaurants at Corolla Light. Or head just a bit further and search for the beautiful wild horses. This home stays high and dry - no issues with water here! 2019 owners added new carpet in Living/dining/hallways & den. This is a BEST BUY! Take the virtual tour to see for yourself!

Last Agent to Sell the Property

Danielle Taylor

Keller Williams - Outer Banks License #273134 Listed on: 04/28/2019

Keller Williams - Outer Banks

Last Buyer's Agent

Catherine Strachan

Brindley Beach Vacations & Sales-Duck License #246162

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,657

Year Built

  • Built in 2003

Lot Details

  • Level Lot

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,033 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Game Room

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

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

Utilities

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

Listing and Financial Details

  • Tax Lot 66

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,657

Year Built

Built in 2003

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: North on 12 to Shad (north end of Whalehead), right on Shad, right on Corolla Drive, house is on your right.
  • Extras: Ceiling Fan(s), Hot Tub, Outside Shower, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: Whalehead Great Buy!
  • Heated Sq Ft: 3033
  • L V T Date: 04/28/2019
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 313
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • 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, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 7
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Pantry, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Game Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 90

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 66
  • Deed Book: 764

Rental Info

  • Est Annual Rental Income: 54375
  • Estimated Rental Performance: 0.1062
  • Rental Co: Village Realty
  • Rental Cottage Name: Par 4 the Beach
  • Rental Cottage Number: WH645
  • Rental Turnover Day: Sat
  • Rental Contact Phone: 252-453-9650

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2018
  • Taxes: 3657

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2019
Closed on
May 24, 2019
Sold by
Williamson Brad and Williamson Karen A
Bought by
Delregno Corbett A and Delregno Natalie K
Seller's Agent
Danielle Taylor
Keller Williams - Outer Banks
Buyer's Agent
Catherine Strachan
Brindley Beach Vacations & Sales-Duck
List Price
$519,000
Sold Price
$512,000
Premium/Discount to List
-$7,000
-1.35%
Current Estimated Value
$965,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,181
Avg. Annual Appreciation
10.00%
Original Mortgage
$460,800
Outstanding Balance
$402,620
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$564,426

Purchase Details

Closed on
Apr 12, 2004
Bought by
Williamson Brad and Kleckner Robert A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Delregno Corbett A $512,000 None Available
Williamson Brad $740,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delregno Corbett A $460,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2019 05/24/19 Sold $512,000 -1.3% $169 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/28/2019 04/28/19 For Sale $519,000 -- $171 / 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 $4,691 $497,700 $125,000 $372,700
2024 $4,691 $497,700 $125,000 $372,700
2023 $4,690 $497,700 $125,000 $372,700
2022 $3,875 $497,700 $125,000 $372,700
2021 $3,857 $480,400 $160,000 $320,400
2020 $3,685 $480,400 $160,000 $320,400
2019 $3,657 $480,400 $160,000 $320,400
2018 $3,657 $480,400 $160,000 $320,400
2017 $3,397 $480,400 $160,000 $320,400
2016 $3,421 $480,400 $160,000 $320,400
2015 $3,421 $480,400 $160,000 $320,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 104925

Outer Banks Association of REALTORS®

APN: 115A-000-0066-0003