NOT LISTED FOR SALE

Estimated Value: $718,171 - $769,000

4 Beds
4.5 Baths
2,366 Sq Ft
$316/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $485,400 $205 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,889/month

57 Days on Market

Highlights

  • Community Beach Access
  • Spa
  • Craftsman Architecture
  • Health Club
  • Gated Community
  • Clubhouse

About This Home

As of March 2016

Beacon Villas at Corolla Light is a new community of MAINTENANCE FREE luxury homes on the oceanside of Corolla. This unit is comprised of 4 BR, 4 1/2 baths, Large Gameroom, 3 Master Suites, Screened Porch, Sun Deck, Granite Countertops, Tiled Showers, Kohler Fixtures, LVT Flooring, Wolf Cabinetry...simply too much to list here! Please call for a complete feature list. This development is part of Corolla Light (recognized as the 2014 North Carolina Resort of the Year). Owners and guests have use of the numerous amenities including: trolley service to beach and pools, indoor fitness center with clay courts and racquetball, and numerous indoor and outdoor swimming pools. SHORT WALK TO BEACH! These units are suited for second homes or investment property. Rental income projection exceeds $ 52,000 (10% cash on cash ROI) per year! This development will be very popular with the exploding OBX Wedding industry. Purchaser has the ability to custom coordinate layout and finishes if purchased in pre-construction period. Take advantage of our introductory pricing today and lock up your unit before they are all gone! Why buy old when you can get everything brand new for less!

Last Agent to Sell the Property

Chandler Spawr

Coastal Property Partners License #190456 Listed on: 12/30/2015

Last Buyer's Agent

Chandler Spawr

Coastal Property Partners License #190456 Listed on: 12/30/2015

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 2015

Lot Details

  • Property fronts a private road
  • Lot includes common area
  • Level Lot
  • Zero Lot Line

HOA Fees

  • $422 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Low Country Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 2,366 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Screened Porch

Kitchen

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

Flooring

  • Engineered Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Spa
  • Sun Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private Sewer

Listing and Financial Details

  • Tax Lot 12B

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, grounds maintenance, management, pool, road maintenance, security, sewer/septic, tennis courts, water, walkways
  • Corolla Light Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Health Club
  • Tennis Courts
  • Indoor Tennis Courts
  • Racquetball
  • Community Playground
  • Community Indoor Pool
  • Park

Security

  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,800

Year Built

Built in 2015

Lot Details

0

HOA Fees

$422 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Low Country, Craftsman, Coastal
  • Extras: Ceiling Fan(s), Hot Tub, Outside Lighting, Patio, Screened Porch, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Subdivision Name: Beacon Villas at Corolla Light
  • Headline: Brand New Home
  • Heated Sq Ft: 2366
  • L V T Date: 12/30/2015
  • Phase: 12
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: PUD
  • Deed Book Pg Number: 818
  • Major Subdivision: Corolla Light
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Bedroom 1: 13 x 11, On Level: 2
  • Bedroom 2: 13 x 11, On Level: 2
  • Bedroom 3: 12 x 12, On Level: 1
  • Bedroom 4: 12 x 21, On Level: 3
  • Kitchen: Large, On Level: 2
  • Countertops: Granite
  • Floor Coverings: Carpet, Vinyl, Engineered Wood
  • Foundation: Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Pantry, Washer Connection, Wet Bar, Electric Fireplace
  • Game Room: 15 x 21, On Level: 1
  • Living Room: 17 x 31, On Level: 2
  • Optional Rooms: Pantry
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Wood
  • Exterior: Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: 14 x 10
  • Sun Deck Size: 10 x 10

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, Sewer/Septic, Tennis Courts, Water, Walkways
  • Association Amenities: Clubhouse, Gated Community, Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground, Racquetball, Sound Access, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 5058

Lot Info

  • Lot Description: Adj. To Common Area, Corner, Level, Zero Lot Line
  • Lot Number: Lot 12B
  • Deed Book: 1276

Rental Info

  • Est Annual Rental Income: 52000
  • Estimated Rental Performance: 0.1071

Building Info

  • Year Built: 2015

Tax Info

  • Year: 2014
  • Taxes: 1800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2015
Closed on
Nov 13, 2015
Sold by
Florida Obx Llc
Bought by
Levine Lee and Block Shelly
Seller's Agent
Chandler Spawr
Coastal Property Partners
Buyer's Agent
Chandler Spawr
Coastal Property Partners
List Price
$479,000
Sold Price
$491,950
Premium/Discount to List
$12,950
2.7%
Current Estimated Value
$748,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,093
Avg. Annual Appreciation
4.32%
Source: Public Records

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Range of Values:

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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
Levine Lee $492,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levine Lee $339,000
Closed Levine Lee $369,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $485,400 0.0% $205 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
12/30/2015 12/30/15 For Sale $485,400 -1.3% $205 / Sq Ft
12/01/2015 12/01/15 Sold $491,950 +2.7% $208 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $479,000 -- $202 / 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
2024 $3,599 $447,400 $115,000 $332,400
2023 $3,599 $447,400 $115,000 $332,400
2022 $2,718 $447,400 $115,000 $332,400
2021 $2,703 $414,900 $100,000 $314,900
2020 $2,469 $414,900 $100,000 $314,900
2019 $2,469 $414,900 $100,000 $314,900
2018 $2,469 $414,900 $100,000 $314,900
2017 $2,242 $414,900 $100,000 $314,900
2016 $2,242 $414,900 $100,000 $314,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 90623

Outer Banks Association of REALTORS®

APN: 115H000012A0000