Seller's Agent in 2021
Four Seasons Realty
Four Seasons Realty
(252) 261-6664
137 in this area
349 Total Sales
1106 Schoolhouse Ln Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $956,000 - $1,017,338
5
Beds
3
Baths
2,417
Sq Ft
$407/Sq Ft
Est. Value
Highlights
- Ocean View
- Coastal Architecture
- Hydromassage or Jetted Bathtub
- Beach Access
- Cathedral Ceiling
- 3-minute walk to Jockey's Ridge State Park
About This Home
As of February 2021Steps from the beach-just two lots back! Septic being replaced. Buyer can relocate if a pool is desired in a particular area. Enjoy being in quiet historic Corolla Village and just a minutes walk from the beach! 5 minute walk to the Currituck lighthouse, Whalehead Park, Corolla Beer Garden, and the quaint little shops and attractions in the Village. This 5 bedroom, 3 bath home has been lovingly maintained as a second home, and would provide the option to also be a great income property. Built with a reverse floorplan to take in the ocean views, the upstairs boasts a large open living room with cathedral ceilings and lots of natural light, an open dining room and kitchen with stainless steel appliances, a sunroom/sitting room overlooking the Atlantic, and a spacious bedroom. The second level hosts the other 4 bedrooms, laundry, and foyer. Two bedrooms on the north side, both with 2 twin beds share a jack and jill bath, and two more bedrooms with queen beds on the south side each have deck access, one with walk in closet, and also share a jack and jill bath. New roof and vinyl siding in 2008, one new HVAC in 2017.
Last Agent to Sell the Property
Four Seasons Realty License #177785 Listed on: 07/11/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,005
Year Built
- Built in 1989
Lot Details
- 0.46 Acre Lot
- Property fronts a private road
- Landscaped
- Level Lot
Home Design
- Coastal Architecture
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Construction Material
Interior Spaces
- 2,417 Sq Ft Home
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Entrance Foyer
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Cedar Closet
- Walk-In Closet
- 3 Full Bathrooms
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Parking
- Paved Parking
- Off-Street Parking
Outdoor Features
- Outdoor Shower
- Beach Access
- Covered Deck
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 27
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2020
Closed on
Feb 18, 2021
Sold by
Hazelett Virgil Ray and Hazelett Shardale W
Bought by
Lorish Philip A and Lorish Lisa M
Seller's Agent
Four Seasons Realty
Four Seasons Realty
Buyer's Agent
Edith Rowe
Brindley Beach Vacations & Sales-Duck
List Price
$749,000
Sold Price
$700,000
Premium/Discount to List
-$49,000
-6.54%
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
$282,835
Avg. Annual Appreciation
7.62%
Original Mortgage
$548,250
Outstanding Balance
$489,925
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$492,910
Purchase Details
Closed on
Dec 31, 1899
Bought by
Hazelett Virgil Ray and Hazelett Shardale W
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 |
|---|---|---|---|
| Lorish Philip A | $700,000 | None Listed On Document | |
| Hazelett Virgil Ray | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lorish Philip A | $548,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/19/2021 02/19/21 | Sold | $700,000 | -3.4% | $290 / Sq Ft |
| 01/04/2021 01/04/21 | Pending | -- | -- | -- |
| 11/08/2020 11/08/20 | Price Changed | $725,000 | -3.2% | $300 / Sq Ft |
| 07/11/2020 07/11/20 | For Sale | $749,000 | -- | $310 / 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 | $4,541 | $566,600 | $287,000 | $279,600 |
| 2023 | $4,541 | $566,600 | $287,000 | $279,600 |
| 2022 | $3,397 | $566,600 | $287,000 | $279,600 |
| 2021 | $3,311 | $516,100 | $287,000 | $229,100 |
| 2020 | $3,005 | $516,100 | $287,000 | $229,100 |
| 2019 | $3,005 | $516,100 | $287,000 | $229,100 |
| 2018 | $3,005 | $516,100 | $287,000 | $229,100 |
| 2017 | $2,727 | $516,100 | $287,000 | $229,100 |
| 2016 | $2,727 | $516,100 | $287,000 | $229,100 |
| 2015 | $2,788 | $516,100 | $287,000 | $229,100 |
Source: Public Records
Agents Affiliated with this Home
-
Four Seasons Realty
-
Robert Konstanzer
Seller Co-Listing Agent in 2021
Robert Konstanzer
Four Seasons Realty
(252) 207-8611
31 in this area
99 Total Sales
-
Edith Rowe
Buyer's Agent in 2021
Edith Rowe
Brindley Beach Vacations & Sales-Duck
(252) 202-6165
67 in this area
215 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 110064
APN: 114B-000-0027-0003
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