NOT LISTED FOR SALE

1107 Carotank Dr Corolla, NC 27927

Estimated Value: $1,121,768 - $1,375,000

5 Beds
6 Baths
3,452 Sq Ft
$374/Sq Ft Est. Value

Sale Details

Date Sold: February 5, 2016

Last sale price $750,000 $217 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $7,415 / mo

209 Days on Market

Highlights

  • Ocean View
  • Cathedral Ceiling
  • Hydromassage or Jetted Bathtub
  • In Ground Pool
  • Wood Flooring
  • Furnished

About This Home

As of February 2016

You will love this spacious home in Corolla Village with wonderful ocean and Lighthouse views. It is located only 3 lots back from the ocean with the beach just 125 yards away! Play in the 16 x 36 private pool, or relax on the large screened porch or ample sun decks. This 5 bedroom, 4 bath home offers 3 partial baths as well; one off the great room, one off the ground floor game room, and one by the outside shower. Besides the spacious great room and game room, there is a den on the mid level and an elevated ships watch on the top floor, allowing plenty of room for everyone. The lot is located in an X flood zone, so no flood insurance is required. Put this one on your list!

Last Agent to Sell the Property

Debra Price

Debbie Price, Broker License #108320 Listed on: 05/15/2015

Last Buyer's Agent

Rodney Perry

Brindley Beach Vacations & Sales - Cor License #218159

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,390

Year Built

  • Built in 1997

Lot Details

  • Lot Dimensions are 150 x 134
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Unpaved Streets
  • Property is zoned Res.

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 3,452 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Screened Porch
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck

Utilities

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

Community Details

  • Corolla Village Subdivision

Listing and Financial Details

  • Tax Lot 24

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,390

Year Built

Built in 1997

Lot Details

0.46 Acres

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Turn E on Carotank from Hwy. 12. House is on the Left, 3rd house from the beach.
  • Extras: Ceiling Fan(s), Jet Tub, Landscaped, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Heated Sq Ft: 3452
  • Roads: Private, Unpaved
  • Sale/Rent: For Sale
  • Section: Section 3
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: Res.
  • Deed Book Pg Number: 320
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5
  • Bedroom 1: Queen Mst, On Level: 2
  • Bedroom 2: Queen Mst, On Level: 1
  • Bedroom 3: Queen, On Level: 1
  • Bedroom 4: Twins, On Level: 1
  • Bedroom 5: Bunks, On Level: 1
  • Kitchen: Nice, On Level: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile, Vinyl, Wood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Some Windows Treated, Washer Connection, Wood Fireplace
  • Dining Room: Combo, On Level: 2
  • Family Room: Den, On Level: 1
  • Game Room: Pool TBL, On Level: Ground
  • Living Room: Open, On Level: 2
  • Optional Rooms: Foyer, Game Room, Utility Room, Shipswatch
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: Yes
  • Exterior: Lap Siding, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: Yes
  • Sun Deck Size: Ample
  • View: Ocean

Garage/Parking

  • Garage: 1 Car, Attached, Carport

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 3759

Lot Info

  • Lot Description: Cul-de-sac
  • Lot Size: 150 x 134
  • Lot Number: Lot 24
  • Deed Book: 388

Rental Info

  • Est Annual Rental Income: 53564
  • Estimated Rental Performance: 0.0714
  • Flood Expenses: 460
  • Lease Terms: Weekly
  • Other Expenses: 700
  • Poolspa Expense: 1800
  • Rental Co: Vacasa - North
  • Rental Cottage Name: Inishkeen
  • Rental Cottage Number: CV2
  • Rental Phone Number: 453-9660
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1476
  • Annual Electric: 2590
  • Annual Telephone Expense: 1040
  • Annual Water Expense: 903

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2015
  • Taxes: 3390

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2015
Closed on
Jan 25, 2016
Sold by
Bought by
Seller's Agent
Debra Price
Debbie Price, Broker
Buyer's Agent
Rodney Perry
Brindley Beach Vacations & Sales - Cor
List Price
$798,000
Sold Price
$750,000
Premium/Discount to List
-$48,000
-6.02%
Current Estimated Value
$1,289,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,942
Avg. Annual Appreciation
5.36%
Original Mortgage
$425,000
Outstanding Balance
$336,425
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$953,517

Purchase Details

Closed on
Aug 29, 1996
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$750,000 Attorney
$85,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $425,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/05/2016 02/05/16 Sold $750,000 -6.0% $217 / Sq Ft
12/10/2015 12/10/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $798,000 -- $231 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,372 $698,400 $286,700 $411,700
2024 $5,372 $698,400 $286,700 $411,700
2023 $5,356 $685,800 $286,700 $399,100
2022 $3,934 $685,800 $286,700 $399,100
2021 $4,020 $636,700 $286,700 $350,000
2020 $3,737 $636,700 $286,700 $350,000
2019 $3,737 $636,700 $286,700 $350,000
2018 $3,737 $636,700 $286,700 $350,000
2017 $3,390 $636,700 $286,700 $350,000
2016 $3,399 $636,700 $286,700 $350,000
2015 $3,390 $636,700 $286,700 $350,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Debra Price

    Debbie Price, Broker

    Section Image

  • R

    Buyer's Agent in 2016

    Rodney Perry

    Brindley Beach Vacations & Sales - Cor

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 88120

Outer Banks Association of REALTORS®

APN: 114B-000-0024-0003

North Carolina Currituck County Corolla 27927

1107 Carotank Dr, Corolla, NC

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.

Outer Banks Association of REALTORS® 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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