Seller's Agent in 2021
Sarah Spencer
Keller Williams - Outer Banks
(252) 202-3357
87 in this area
283 Total Sales
1100 Schoolhouse Ln Corolla, NC 27927
Estimated Value: $1,876,000 - $2,247,000
6
Beds
5.5
Baths
3,350
Sq Ft
$612/Sq Ft
Est. Value
Highlights
- Beach Front
- Cabana
- Cathedral Ceiling
- Ocean View
- Coastal Architecture
- 4-minute walk to Jockey's Ridge State Park
About This Home
As of March 2021Remember that euphoric feeling building inside you as the minutes ticked down on that last day of school? The anticipation of long, lazy summer days ahead? That feeling has been remarkably captured in "School's Out" - a spectacular and rare oceanfront find in the heart of Corolla village. Time stands still here as you gaze out over the unbelievable expanse of the Atlantic Ocean. Backed into a private cul-de-sac, this 3000-sq-ft coastal beauty delivers all the ingredients for the perfect family vacation - a private outdoor heated pool (with the ocean as a backdrop), tiki bar, hot tub, game room complete with a shuffleboard table, two living and dining areas on the top level (all with ocean views) a spacious, well-equipped kitchen, 6 generous-sized bedrooms and 5 1/2 baths and a gas fireplace for those chilly fall nights. Classic wainscoting and beamed ceilings lend a homey nostalgic charm and the owners have faithfully maintained, repaired, replaced and updated as needed (see list of recent improvements, etc., in broker's notes). Because of its proximity to the historical village, you can explore all the wonders on foot. Stroll over to the beer garden and enjoy a cold one or discover a treasured gift in one of the many delightful small shops. You may even catch a glimpse of the wild ponies during your explorations. Yes, this is the one that should definitely be on your "to see" list. Bookings for 2021 are already at $163,120 NOT INCLUDING a summer week reserved for the owner.
Last Agent to Sell the Property
Keller Williams - Outer Banks License #185795 Listed on: 12/16/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,174
Year Built
- Built in 1986
Lot Details
- 0.54 Acre Lot
- Beach Front
HOA Fees
- $17 Monthly HOA Fees
Home Design
- Coastal Architecture
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Shake Siding
- Piling Construction
Interior Spaces
- 3,350 Sq Ft Home
- Furnished
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Entrance Foyer
- Ocean Views
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
- Cedar Closet
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Tuck Under Parking
- Paved Parking
- Off-Street Parking
Pool
- Cabana
- Outdoor Pool
- Heated Pool
- Outdoor Shower
- Spa
Outdoor Features
- Sun Deck
- Covered Deck
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Private or Community Septic Tank
Community Details
- Corolla Village Subdivision
Listing and Financial Details
- Tax Lot 5
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 16, 2020
Closed on
Mar 29, 2021
Sold by
Becker Kevin and Becker Eileen
Bought by
Westhoff Eric and Westhoff Anna
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Jim Allman
Ultra VA NC OBX
List Price
$1,499,000
Sold Price
$1,485,000
Premium/Discount to List
-$14,000
-0.93%
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
$566,682
Avg. Annual Appreciation
6.69%
Original Mortgage
$1,188,000
Outstanding Balance
$1,060,666
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$991,016
Purchase Details
Listed on
Mar 22, 2019
Closed on
Oct 4, 2019
Sold by
Brodman Christopher A and Brodman Sharon A
Bought by
Becker Kevin and Becker Eileen
Seller's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
Buyer's Agent
Sarah Spencer
Keller Williams - Outer Banks
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.86%
Original Mortgage
$920,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 22, 2019
Closed on
Aug 25, 2019
Sold by
Statewide Ttl Exchange Corp Exchange No
Bought by
Brodman Christopher A and Brodman Sharon A
Seller's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
Buyer's Agent
Sarah Spencer
Keller Williams - Outer Banks
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 12, 2014
Sold by
Bakaitus Thomas L and Bershok Bakaitus Elizabeth A
Bought by
Brodman Christopher A and Brodman Sharon A
Purchase Details
Closed on
Jun 30, 2005
Sold by
Stec No 04 & 1884 Llc
Bought by
Bakaitus Thomas L and Bakaitus Elizabeth
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Westhoff Eric | $1,485,000 | None Available | |
| Becker Kevin | $1,150,000 | None Available | |
| Brodman Christopher A | -- | None Available | |
| Brodman Christopher A | $70,000 | Attorney | |
| Bakaitus Thomas L | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Westhoff Eric | $1,188,000 | |
| Previous Owner | Becker Kevin | $920,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/29/2021 03/29/21 | Sold | $1,485,000 | -0.9% | $443 / Sq Ft | |
| 02/01/2021 02/01/21 | Pending | -- | -- | -- | |
| 12/16/2020 12/16/20 | For Sale | $1,499,000 | +30.3% | $447 / Sq Ft | |
| 10/07/2019 10/07/19 | Sold | $1,150,000 | -4.1% | $383 / Sq Ft | View Prior Sale |
| 08/12/2019 08/12/19 | Pending | -- | -- | -- | |
| 06/18/2019 06/18/19 | Price Changed | $1,199,000 | -4.1% | $400 / Sq Ft | |
| 04/24/2019 04/24/19 | For Sale | $1,250,000 | 0.0% | $417 / Sq Ft | |
| 03/31/2019 03/31/19 | Pending | -- | -- | -- | |
| 03/22/2019 03/22/19 | For Sale | $1,250,000 | -- | $417 / Sq Ft |
Source: Outer Banks Association of REALTORS®
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 | $10,244 | $1,367,500 | $877,800 | $489,700 |
| 2024 | $10,244 | $1,232,900 | $877,800 | $355,100 |
| 2023 | $9,234 | $1,232,900 | $877,800 | $355,100 |
| 2022 | $6,814 | $1,232,900 | $877,800 | $355,100 |
| 2021 | $6,799 | $1,097,500 | $798,000 | $299,500 |
| 2020 | $6,174 | $1,097,500 | $798,000 | $299,500 |
| 2019 | $6,166 | $1,097,500 | $798,000 | $299,500 |
| 2018 | $0 | $1,097,500 | $798,000 | $299,500 |
| 2017 | $5,590 | $1,097,500 | $798,000 | $299,500 |
| 2016 | $5,597 | $1,097,500 | $798,000 | $299,500 |
| 2015 | -- | $1,069,700 | $798,000 | $271,700 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Spencer
-
Jim Allman
Buyer's Agent in 2021
Jim Allman
RE/MAX
(757) 777-7481
2 in this area
51 Total Sales
-
Heather Sakers
Seller's Agent in 2019
Heather Sakers
Coldwell Banker Seaside Realty KH
(252) 599-6814
25 in this area
197 Total Sales
-
Charles Gill
Seller Co-Listing Agent in 2019
Charles Gill
Coldwell Banker Seaside Realty KH
(252) 255-6560
10 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 112183
APN: 114B-000-0005-0003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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