$1,200,000
SOLD DEC 20, 2013
5 Beds
5 Baths
2,886 Sq Ft
0.47 Acres

Recently Sold

$416 Per Sq Ft

14% Below List Price

123 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Second Refrigerator
  • Community Beach Access
  • In Ground Pool
  • Coastal Architecture

About This Home

As of September 2020

Amazing Grace in Corolla is an AMAZING home! This charming traditional home in the heart of Corolla Village consistently rents for 30+ weeks, and has for over 25 years with 50% repeat renters. Loaded with amenities including a large private pool, indoor hot tub with 5-6 person sauna, poolside pool table, Den with entertainment center, wet bar and more, your guests will be thrilled with their beach home away from home. A cook's kitchen loaded with granite countertops, stainless appliances, warming oven and a Sub Zero fridge will inspire the gourmet in you. Magnificent oceanfront views from several rooms are only accented by an amazing view of the lighthouse. The cozy fireplace warms chilly off season evenings while overlooking the fabulous beach. Several porches and decks invite you to enjoy the sea breezes and the spacious floor plan has several spots for quiet reflection while your guests mingle elsewhere. Completely renovated in 2002, it has been lovingly maintained by the original owners. This is a truly unique property offering the income of a much larger home with the upkeep of a comfortable cottage. Just check out the numbers and see for yourself!

Last Agent to Sell the Property

Linda Cole

Outer Banks Realty Group License #75547 Listed on: 07/02/2013

Co-Listed By

Phyllis Cole/noLngr

Village Realty Holdings, LLC - Corolla License #101637

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,133

Year Built

  • Built in 1986

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 75' x 245' x 37' x 300'
  • Beach Front
  • 75 Feet of Waterfront
  • Property fronts a private road
  • Unpaved Streets

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,886 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Utility Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 20

Community Details

Overview

  • Association fees include road maintenance
  • Corolla Village Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,133

Year Built

Built in 1986

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: Persimmon is @ .5 mile north of Currituck Beach Light.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub
  • Flood Zone: VE
  • Subdivision Name: Corolla Village Section One
  • Headline: Oceanfront
  • Heated Sq Ft: 2886
  • Roads: Private, Unpaved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 530
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: Ground
  • Kitchen: Large, On Level: 1
  • Countertops: Granite, Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Dining Room: On Level: 1
  • Family Room: On Level: Ground
  • Game Room: On Level: Ground
  • Living Room: On Level: 1
  • Optional Rooms: Foyer, Utility Room

Exterior Features

  • Construction: Wood
  • Exterior: Vinyl, Wood
  • Pool: Yes
  • Pool Type: In Ground
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 75
  • View: Ocean
  • Water Frontage: 75

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Road Maintenance
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 100
  • Home Owner Dwelling Insurance: 2465

Lot Info

  • Estimated Lot Sq Ft: 20514
  • Lot Description: Beach Frontage
  • Lot Faces: West
  • Lot Size: 75' x 245' x 37' x 300'
  • Lot Number: Lot 20
  • Deed Book: 203

Rental Info

  • Est Annual Rental Income: 120065
  • Estimated Rental Performance: 0.1001
  • Flood Expenses: 1335
  • Lease Terms: Weekly
  • Other Expenses: 783800
  • Other Expenses2: 550
  • Other Expenses3: 337
  • Poolspa Expense: 3545
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Amazing Grace
  • Rental Cottage Number: M020
  • Rental Phone Number: 457-1100
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1848
  • Annual Electric: 3952
  • Annual Telephone Expense: 661
  • Annual Water Expense: 938

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2013
  • Taxes: 5132.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2023
Sold by
Yonan Matthew J and Yonan Amanda L
Bought by
Persimmon House Llc
Current Estimated Value
$1,888,551

Purchase Details

Listed on
Feb 15, 2020
Closed on
Aug 28, 2020
Sold by
Sale Charles W and Sale Carol L
Bought by
Yonan Matthew J and Yonan Amanda L
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Hunter Davis
Twiddy and Company - Corolla
List Price
$1,299,900
Sold Price
$1,300,000
Premium/Discount to List
$100
0.008%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$1,040,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 2, 2013
Closed on
Dec 10, 2013
Sold by
Carter Willaim B and Carter Kay S
Bought by
Sale Charles W and Sale Carol L
Seller's Agent
Linda Cole
Outer Banks Realty Group
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$1,399,500
Sold Price
$1,200,000
Premium/Discount to List
-$199,500
-14.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.20%
Original Mortgage
$900,000
Interest Rate
4.19%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Warranty Deed $1,300,000 None Available
Warranty Deed $1,200,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,040,000 New Conventional
Previous Owner $900,000 New Conventional
Previous Owner $180,100 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2020 09/09/20 Sold $1,300,000 0.0% $470 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
02/15/2020 02/15/20 For Sale $1,299,900 +8.3% $470 / Sq Ft
12/20/2013 12/20/13 Sold $1,200,000 -14.3% $416 / Sq Ft
11/02/2013 11/02/13 Pending -- -- --
07/02/2013 07/02/13 For Sale $1,399,500 -- $485 / 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 $9,247 $1,249,400 $862,100 $387,300
2023 $9,247 $1,249,400 $862,100 $387,300
2022 $6,855 $1,249,400 $862,100 $387,300
2021 $6,845 $1,058,300 $783,800 $274,500
2020 $5,952 $1,058,300 $783,800 $274,500
2019 $5,952 $1,058,300 $783,800 $274,500
2018 $5,952 $1,058,300 $783,800 $274,500
2017 $5,396 $1,058,300 $783,800 $274,500
2016 $5,396 $1,058,300 $783,800 $274,500
2015 $5,396 $1,058,300 $783,800 $274,500
Source: Public Records

Agents Affiliated with this Home

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Source: Outer Banks Association of REALTORS®

MLS Number: 79709

Outer Banks Association of REALTORS®

APN: 114A-000-0020-0001