Seller's Agent in 2022
Hunter Davis
Twiddy and Company - Corolla
(704) 936-6456
120 in this area
177 Total Sales
1105 Carotank Dr Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $1,799,000 - $2,164,030
7
Beds
9
Baths
3,942
Sq Ft
$505/Sq Ft
Est. Value
Highlights
- Ocean Front
- Guest House
- Second Refrigerator
- Beach Access
- Cabana
- Coastal Architecture
About This Home
As of February 2022Rare opportunity for ownership in the Historic Corolla Village on a spacious semi-oceanfront parcel just steps to the beach, Currituck Beach Lighthouse, Whalehead Club & Currituck Heritage Park! This custom-built, Florez and Florez designed and meticulously well-maintained estate was built in 2012 and used primarily as a second home until joining Twiddy's rental program just a few years ago. On the top floor, a spacious great room w/ ocean views, built-in cabinetry & gas fireplace, a gourmet kitchen with dual stainless steel GE appliances, island, dining & breakfast seating, granite countertops, a half bath, and master suite with dual vanities & dual custom tiled shower, a private washer/dryer & direct deck access. On the second floor you'll find three master suites, a spacious bedroom, full bath, laundry room, and second level den w/ ocean views. The ground level is the perfect place for the kids to relax and unwind as it includes a kid-friendly room w/ three bunk sets, a full bath, game room w/ pool table & kitchenette w/ full-size refrigerator & wet bar. Enjoy the homes extensive list of outdoor amenities to include a 14x28 heated pool, poolside cabana, hot tub & outdoor showers, in addition to the professionally landscaped grounds with irrigation system. A detached guest house with 25'x25' two car garage, a queen bedroom, full bath, kitchenette & den is the perfect place for friends or family to enjoy additional privacy! House and detached garage come with a full set of custom made armor screens wind abatement system. Enjoy the convenience of the Carotank Beach access just steps away, as well as, local shops & restaurants.
Last Agent to Sell the Property
Twiddy and Company - Corolla License #301647 Listed on: 07/07/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,604
Year Built
- Built in 2012
Lot Details
- 0.46 Acre Lot
- Ocean Front
- Property fronts a private road
- Cul-De-Sac
- Landscaped
- Corner Lot
- Level Lot
- Unpaved Streets
Home Design
- Coastal Architecture
- Contemporary Architecture
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 3,942 Sq Ft Home
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Game Room
- Ocean Views
Kitchen
- Built-In Oven
- Built-In Range
- Microwave
- Second Refrigerator
- Ice Maker
- Second Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- En-Suite Primary Bedroom
- In-Law or Guest Suite
Laundry
- Laundry Room
- Stacked Washer and Dryer
Parking
- Garage
- Carport
- Off-Street Parking
Pool
- Cabana
- Outdoor Pool
- Heated Pool
- Outdoor Shower
- Spa
Outdoor Features
- Beach Access
- Sun Deck
- Covered Deck
- Exterior Lighting
- Tiki or Chickee Hut
Additional Homes
- Guest House
Utilities
- Central Heating and Cooling System
- Municipal Utilities District Water
- Fuel Tank
- Private or Community Septic Tank
Community Details
- Property has a Home Owners Association
- Corolla Village Subdivision
Listing and Financial Details
- Tax Lot #25
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 7, 2021
Closed on
Jan 25, 2022
Sold by
Karens Way Llc
Bought by
Ferraro Richard E and Ferraro Katarzyna K
Seller's Agent
Hunter Davis
Twiddy and Company - Corolla
Buyer's Agent
Connie Gray
Island Crest OBX Realty
List Price
$2,250,000
Sold Price
$2,000,000
Premium/Discount to List
-$250,000
-11.11%
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
-$10,992
Avg. Annual Appreciation
-0.15%
Original Mortgage
$1,500,000
Outstanding Balance
$1,391,169
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$597,840
Purchase Details
Closed on
May 3, 2019
Sold by
Saffer Lyndsay R and Saffer Nancy M
Bought by
Karens Way Llc
Purchase Details
Closed on
Jul 25, 2011
Sold by
1105 Carotank Road Llc
Bought by
Saffer Lyndsay R and Saffer Nancy M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ferraro Richard E | $10,000,000 | Innes & Innes Pllc | |
| Karens Way Llc | -- | None Available | |
| Saffer Lyndsay R | $405,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ferraro Richard E | $1,500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2022 02/04/22 | Sold | $2,000,000 | -8.0% | $507 / Sq Ft |
| 12/05/2021 12/05/21 | Pending | -- | -- | -- |
| 12/01/2021 12/01/21 | Price Changed | $2,175,000 | -3.3% | $552 / Sq Ft |
| 07/07/2021 07/07/21 | For Sale | $2,250,000 | -- | $571 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $7,515 | $979,800 | $438,200 | $541,600 |
| 2023 | $7,515 | $979,800 | $438,200 | $541,600 |
| 2022 | $5,585 | $979,800 | $438,200 | $541,600 |
| 2021 | $5,556 | $795,000 | $340,800 | $454,200 |
| 2020 | $4,604 | $795,000 | $340,800 | $454,200 |
| 2019 | $4,484 | $795,000 | $340,800 | $454,200 |
| 2018 | $4,484 | $795,000 | $340,800 | $454,200 |
| 2017 | $4,066 | $795,000 | $340,800 | $454,200 |
| 2016 | $4,066 | $795,000 | $340,800 | $454,200 |
| 2015 | -- | $795,000 | $340,800 | $454,200 |
Source: Public Records
Agents Affiliated with this Home
-
Hunter Davis
-
Martha Springer
Seller Co-Listing Agent in 2022
Martha Springer
Twiddy and Company - Corolla
(252) 982-6045
97 in this area
132 Total Sales
-
Connie Gray
Buyer's Agent in 2022
Connie Gray
Island Crest OBX Realty
(252) 202-8979
14 in this area
32 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 115114
APN: 114B-000-0025-0003
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