NOT LISTED FOR SALE

Estimated Value: $1,207,000 - $2,356,000

5 Beds
6 Baths
3,154 Sq Ft
$479/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $869,000 $276 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $8,926/month

15 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Home Theater
  • Views of a Sound
  • Home fronts a sound
  • Cabana

About This Home

As of February 2021

Surrounded by stunning views of the sound & natural vegetation, enjoy the privacy & tranquil atmosphere found at this soundfront beauty located in the exclusive Resort Community of Corolla Light! This 5 bedroom, 4.5 bath home has the perfect layout, location, and size to accommodate a full-time residence, second home or investment property. On the top level, surrounding windows & decks focus on the incredible views while bringing in lots of natural light. This floor offers an open concept living area w/ gas fireplace & hardwood floors throughout, kitchen w/ updated appliances, island, breakfast & dining seating areas, a half bath, and master bedroom with direct deck access, office space, and an updated bath w/ duo sinks, and walk-in shower. On the second floor, you will find two king master suites with sitting area & deck access, as well as, two bedrooms (2 twins and 2 duo bunk sets) both offering deck access, a full bath, and storage area. On the ground level, a second den is the perfect place to relax and unwind after time spent by the pool. This floor also includes a half bath and laundry room with full-size refrigerator. Ample deck space on both the soundfront & east side of the home, as well as, a soundfront pool, and screened porch with hot tub, provide the perfect exterior set up to enjoy time spent outdoors with the family! Situated in the exclusive Resort Community of Corolla, Corolla Light, enjoy the lengthy list of community amenities, as well as, the close proximity to the Currituck Lighthouse, Historic Corolla Village, Whalehead Club, and all of Corolla's local shops & restaurants. Updates include HVAC units, roof, pool motor, baths, and flooring on L1 and L2.

Last Agent to Sell the Property

Hunter Davis

Twiddy and Company - Corolla License #301647 Listed on: 11/28/2020

Co-Listed By

Martha Springer

Twiddy and Company - Corolla License #135162

Last Buyer's Agent

Anthony Baca

Coastal NC Realty Group License #253022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,777

Year Built

  • Built in 1993

Lot Details

  • Home fronts a sound
  • Landscaped
  • Level Lot

HOA Fees

  • $269 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3,154 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Home Theater
  • Screened Porch
  • Views of a Sound

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Cabana
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot #308

Community Details

Overview

  • Don Cheek Association
  • Corolla Light Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Health Club
  • Tennis Courts
  • Racquetball
  • Community Playground
  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,777

Year Built

Built in 1993

Lot Details

0

HOA Fees

$269 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Head north on Rt 12, west on Austin Street, the home will be on your right.
  • Extras: Cabana, Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Screened Porch, Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: Stunning Soundfrount!
  • Heated Sq Ft: 3154
  • L V T Date: 11/28/2020
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Advertised Income 2020: 84450
  • Deed Book Pg Number: 569
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Corolla Light
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Gas Connection, Gas Fireplace, Ensuite, Washer Connection
  • Optional Rooms: Foyer, Media Room
  • Partial Bathrooms: 2

Exterior Features

  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Sound

Garage/Parking

  • Garage: Attached, Carport
  • Parking: Paved, Off Street

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Fuel Tanks: Owned
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Health Club, Indoor-Comm. Pool, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Racquetball, Sound Access, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3232
  • Hoa Contact: Don Cheek
  • HOA Contact: don@corolla-light.com

Lot Info

  • Lot Description: Level, Water Frontage
  • Lot Number: Lot #308
  • Deed Book: 1468

Rental Info

  • Est Annual Rental Income: 84450
  • Estimated Rental Performance: 0.0972
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Delightful Sounds
  • Rental Cottage Number: K308
  • Rental Phone Number: 252-457-1100
  • Rental Turnover Day: Saturday
  • Rental Contact Email: jkavanaugh@twiddy.com
  • Rental Contact Name: Jen Kavanaugh

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2020
  • Taxes: 3776.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2020
Closed on
Feb 5, 2021
Sold by
Brown Robert S and Brown Daryl L
Bought by
Race Dennis M and Dennis M Race Revocable Trust
Seller's Agent
Hunter Davis
Twiddy and Company - Corolla
Buyer's Agent
Anthony Baca
Coastal NC Realty Group
List Price
$869,000
Sold Price
$869,000
Current Estimated Value
$1,511,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$642,983
Avg. Annual Appreciation
12.94%
Original Mortgage
$695,200
Outstanding Balance
$633,729
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$878,254

Purchase Details

Closed on
Dec 28, 2018
Sold by
Brown Robert S and Brown Daryl L
Bought by
Brown Robert S and Brown Daryl L

Purchase Details

Closed on
Feb 18, 1992
Bought by
Brown Robert S and Brown Daryl L
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
Race Dennis M $869,000 None Available
Brown Robert S -- None Available
Brown Robert S $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Race Dennis M $695,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2021 02/11/21 Sold $869,000 0.0% $276 / Sq Ft
12/13/2020 12/13/20 Pending -- -- --
11/28/2020 11/28/20 For Sale $869,000 -- $276 / 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 $5,032 $652,100 $240,000 $412,100
2023 $5,032 $652,100 $240,000 $412,100
2022 $3,867 $652,100 $240,000 $412,100
2021 $3,862 $644,400 $300,000 $344,400
2020 $3,777 $644,400 $300,000 $344,400
2019 $3,777 $644,400 $300,000 $344,400
2018 $3,777 $644,400 $300,000 $344,400
2017 $3,426 $644,400 $300,000 $344,400
2016 $3,426 $644,400 $300,000 $344,400
2015 $3,426 $644,400 $300,000 $344,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112029

Outer Banks Association of REALTORS®

APN: 115B-000-0308-0000