NOT LISTED FOR SALE

1102 Schoolhouse Ln Unit 6 Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $1,386,000 - $3,763,909

4 Beds
2.5 Baths
2,156 Sq Ft
$1,092/Sq Ft Est. Value

Last Sold February 05, 2015

Last sale price $1,050,000 $487 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $14,303/month

180 Days on Market

Highlights

  • Beach Front
  • Dumbwaiter
  • Cathedral Ceiling
  • Ocean View
  • Coastal Architecture
  • 4-minute walk to Jockey's Ridge State Park

About This Home

As of February 2015

Classic Corolla Village Oceanfront - Never been in a rental program and only used as second home. Current owners are second owners and this home has been cared for like no others! Over 100 feet of frontage! Very Private with hedges on the north and west! Garage with opener! Outside Dumbwaiter to help with those heavy bags of groceries! Lower level has a studio formerly used by the original owners as an art studio. Additional storage in lower level is exceptional! Garage will accommodate a large SUV. Well maintained hardwoods throughout! New Appliances throughout. All HVAC replaced in 2008 with a 10 year Trane Warranty to Convey. Septic recently pumped. Designer wood blinds recently installed by Daniels Homeport. New Roof and exterior painting and some windows in 2008-2009. New beach access and decking just completed to enable the owners to walk directly from the main level to the beach front seating area without any stairs!! Screened porch to the south provides excellent enjoyment of the seasonal southwest breezes and views to kill for! Home is being sold unfurnished and a few miscellaneous items may be available via separate bill of sale. Don't let this one pass you by as it will likely not last long. Well worth saving as a second home and perhaps add a pool or if you just must have this site, it would likely accommodate a larger rental home. Association is voluntary and each year residents chip in approx. $200 for road maintenance.

Last Agent to Sell the Property

John Thompson

Windswept Properties, LLC License #187607 Listed on: 04/28/2014

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,374

Year Built

  • Built in 1991

Lot Details

  • 0.62 Acre Lot
  • Beach Front
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,156 Sq Ft Home
  • Beamed Ceilings
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Electric Fireplace
  • Window Treatments
  • Screened Porch
  • Ocean Views
  • Storm Doors

Kitchen

  • Dumbwaiter
  • <<builtInOvenToken>>
  • <<builtInRangeToken>>
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • <<bathWSpaHydroMassageTubToken>>

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Sun Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot lot # 6

Community Details

Overview

  • Corolla Village Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,374

Year Built

Built in 1991

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: north on 12 to Corolla Village. Right on Schoolhouse. Last house on right via private drive.
  • Extras: Boardwalk to Beach, Garage Door Opener, Jet Tub, Outside Shower, Screened Porch, Storm Doors, Sun Deck, Dumbwaiter/Lift
  • Flood Zone: VE
  • Headline: Corolla Village Gem!!
  • Heated Sq Ft: 2156
  • Roads: Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 547
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Disposal, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Vinyl, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 2
  • Interior Amenities: All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection, Wood Fireplace, Electric Fireplace
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 1 Car, Attached

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 200

Lot Info

  • Estimated Lot Sq Ft: 27000
  • Lot Description: Beach Frontage, Cul-de-sac, Level, Water Frontage
  • Lot Number: lot # 6
  • Deed Book: 1058

Building Info

  • Year Built: 1991

Tax Info

  • Year: 2013
  • Taxes: 5374

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2014
Closed on
Jan 7, 2015
Sold by
Funkhouser Douglas V
Bought by
Digeronimo Susan and Susan Digeronimo Declaration Of Trust
Seller's Agent
John Thompson
Windswept Properties, LLC
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$1,395,000
Sold Price
$1,050,000
Premium/Discount to List
-$345,000
-24.73%
Current Estimated Value
$2,354,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,304,303
Avg. Annual Appreciation
8.46%

Purchase Details

Closed on
Jul 18, 2008
Sold by
Wright Anne Patrick
Bought by
Funkhouser Douglas
Source: Public Records

Range of Values:

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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
Digeronimo Susan $1,050,000 None Available
Funkhouser Douglas $1,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Digeronimo Susan $1,499,000
Closed Digeronimo Susan $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2015 02/05/15 Sold $1,050,000 -24.7% $487 / Sq Ft
10/25/2014 10/25/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $1,395,000 -- $647 / 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 $15,404 $2,075,200 $902,900 $1,172,300
2023 $15,404 $2,075,200 $902,900 $1,172,300
2022 $11,318 $2,075,200 $902,900 $1,172,300
2021 $11,333 $1,790,900 $820,800 $970,100
2020 $10,019 $1,790,900 $820,800 $970,100
2019 $10,019 $1,790,900 $820,800 $970,100
2018 $10,019 $1,790,900 $820,800 $970,100
2017 $9,079 $1,516,200 $820,800 $695,400
2016 $5,750 $1,198,200 $820,800 $377,400
2015 -- $1,056,500 $820,800 $235,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 83449

Outer Banks Association of REALTORS®

APN: 114B-000-0006-0003