Seller's Agent in 2020
Ronald Barrett
Brindley Beach Vacations & Sales - Cor
(252) 202-8999
35 in this area
41 Total Sales
1114 Gray Ct Corolla, NC 27927
Estimated Value: $1,248,000 - $1,366,000
6
Beds
6.5
Baths
4,100
Sq Ft
$322/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Health Club
- In Ground Pool
- Ocean View
- Tennis Courts
- Gated Community
About This Home
As of September 2020An estate like setting situated on one of the largest home sites, ocean side in Corolla Light. like new (2005) home, packed with extras that produce strong rental income or family enjoyment year round. Home has 6 bedrooms, and 6 1/2 baths. Enjoy the expansive outdoor pool area with easy access to the beach/oceanfront pool complex and other community amenities. In addition to a master bedroom, there is a large open great room with wood floors on top level. Ships Watch loft with ocean views, top off your living experience. Game room, wet bar, numerous master bedrooms, sitting area/den and a dumbwaiter to bring all supplies to the top floor. All this will keep "Carolina On My Mind" in your mind for all ages. New top floor complete HVAC system replaced. Warranty can be transferred. Note: Seller has upgraded roof with a new "FORTIFIED" roof, which is a designation that has a higher installation standard for improving performance against natural hazards and may qualify for an annual wind mitigation credit that could lower your insurance premium.
Last Agent to Sell the Property
Brindley Beach Vacations & Sales - Cor License #94054 Listed on: 05/29/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,893
Year Built
- Built in 2005
Lot Details
- 0.28 Acre Lot
- Property fronts a private road
- Landscaped
- Irregular Lot
- Wooded Lot
HOA Fees
- $277 Monthly HOA Fees
Home Design
- Split Level Home
- Reverse Style Home
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 4,100 Sq Ft Home
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Library
- Game Room
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Dumbwaiter
- Oven or Range
- Built-In Range
- Microwave
- Ice Maker
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Dryer
- Washer
Parking
- Garage
- Carport
Pool
- In Ground Pool
- Outdoor Pool
- Outdoor Shower
- Spa
Outdoor Features
- Sun Deck
- Tennis Courts
- Covered Deck
- Exterior Lighting
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Municipal Utilities District for Water and Sewer
Listing and Financial Details
- Tax Lot #5
Community Details
Overview
- Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, security, tennis courts, walkways
- Don Cheek Association, Phone Number (252) 453-2455
- Corolla Light Subdivision
Amenities
- Common Area
- Clubhouse
Recreation
- Community Boardwalk
- Community Beach Access
- Health Club
- Tennis Courts
- Indoor Tennis Courts
- Community Playground
- Community Indoor Pool
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2020
Closed on
Aug 10, 2020
Sold by
Levine Eric R and Levine Barbara A
Bought by
Manalo Arsenio E and Manalo Pamela J
Seller's Agent
Ronald Barrett
Brindley Beach Vacations & Sales - Cor
Buyer's Agent
Anna Hunt
Brindley Beach Vacations & Sales - KH
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%
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
$570,428
Avg. Annual Appreciation
11.17%
Original Mortgage
$460,000
Outstanding Balance
$405,428
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$915,000
Purchase Details
Closed on
May 24, 2005
Sold by
Sager And Company Inc
Bought by
Levine Eric R and Levine Barbara A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$956,250
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 |
|---|---|---|---|
| Manalo Arsenio E | $750,000 | None Available | |
| Levine Eric R | $1,275,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Manalo Arsenio E | $460,000 | |
| Previous Owner | Levine Eric R | $956,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/04/2020 09/04/20 | Sold | $750,000 | -3.2% | $183 / Sq Ft |
| 07/20/2020 07/20/20 | Pending | -- | -- | -- |
| 05/29/2020 05/29/20 | For Sale | $775,000 | -- | $189 / 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 |
|---|---|---|---|---|
| 2025 | $5,897 | $745,700 | $192,500 | $553,200 |
| 2024 | $5,897 | $745,700 | $192,500 | $553,200 |
| 2023 | $5,881 | $745,700 | $192,500 | $553,200 |
| 2022 | $4,380 | $745,700 | $192,500 | $553,200 |
| 2021 | $4,365 | $657,100 | $175,000 | $482,100 |
| 2020 | $3,893 | $657,100 | $175,000 | $482,100 |
| 2019 | $3,880 | $657,100 | $175,000 | $482,100 |
| 2018 | $3,880 | $657,100 | $175,000 | $482,100 |
| 2017 | $3,531 | $657,100 | $175,000 | $482,100 |
| 2016 | $3,531 | $657,100 | $175,000 | $482,100 |
| 2015 | $3,531 | $657,100 | $175,000 | $482,100 |
Source: Public Records
Agents Affiliated with this Home
-
Ronald Barrett
-
Anna Hunt
Buyer's Agent in 2020
Anna Hunt
Brindley Beach Vacations & Sales - KH
(252) 573-8934
21 in this area
69 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 109485
APN: 115B-000-0005-0000
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