NOT LISTED FOR SALE

Estimated Value: $1,032,465 - $1,224,000

5 Beds
5.5 Baths
2,750 Sq Ft
$413/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $929,000 $338 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,961/month

3 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Furnished
  • Ocean View
  • Coastal Architecture
  • Game Room

About This Home

As of July 2022

This very nice beach home sits quite high and offers views of the ocean! Located in the fabulous Corolla Light Community, offering the best amenities on the beach! The upper level has an open concept great room with a gas fireplace, bright white kitchen and Ocean Views from dining room and decks. A king bedroom with ensuite is on this level as well. There is a ships watch for puzzles or work space. The mid level has a den/office, and 3 bedrooms with en suite baths and decking overlooking the pool. The large pool area feels private, which is an added bonus. Coming in from the pool is a comfy rec room with foosball table & wet bar, a full bath, bedroom and laundry. Central to Corolla Light amenities and historic Corolla Village. Breeze over to the Oceanfront Rec Center with multiple pools, basketball courts, volleyball, playground and restaurant. Walk to dine or shop at the Corolla Light Town Center. Corolla Light offers walking trails from ocean to sound, a soundfront pool, 8 tennis courts, Indoor Sports Center - see CL amenities and dues in docs. Come see this home Sunday!!

Last Agent to Sell the Property

Denise Graham

Keller Williams - Outer Banks License #190990 Listed on: 06/11/2022

Keller Williams - Outer Banks

Co-Listed By

Eddie Kavanaugh

Keller Williams - Outer Banks License #126307

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,571

Year Built

  • Built in 2002

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Property is zoned SFO

HOA Fees

  • $277 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Siding
  • Piling Construction
  • Masonry

Interior Spaces

  • 2,750 Sq Ft Home
  • Wet Bar
  • Furnished
  • Gas Fireplace
  • Window Treatments
  • Library
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 6

Community Details

Overview

  • Association fees include common electric, common insurance, management, road maintenance, security, tennis courts, walkways
  • Ben Stikeleather Association, Phone Number (252) 453-2455
  • Corolla Light Subdivision

Amenities

  • Common Area

Recreation

  • Community Beach Access
  • Tennis Courts
  • Indoor Tennis Courts
  • Racquetball
  • Community Playground
  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,571

Year Built

Built in 2002

Lot Details

0

HOA Fees

$277 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Right on Austin, main entrance to Corolla Light and then immediate 2 rights, and left towards cul-de-sac.
  • Extras: Hot Tub, Outside Lighting, Outside Shower, Dry Entry
  • Flood Zone: X
  • Headline: High & Ocean View
  • Heated Sq Ft: 2750
  • L V T Date: 06/11/2022
  • Phase: 5A
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: SFO
  • Deed Book Pg Number: 580
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Corolla Light
  • Newpoint Media: Yes
  • Office License Number: C30917
  • 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
  • Bedrooms: 5
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Washer Connection, Wet Bar, 1st Flr Ensuite
  • Optional Rooms: Game Room, Library/Study, Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Masonry, Wood
  • Exterior: Composite Siding
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Electric, Forced Air, Heat Pump, Zoned
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Racquetball, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3329
  • Hoa Contact: Ben Stikeleather
  • HOA Contact: 252.453.2455

Lot Info

  • Lot Description: Cul-de-sac
  • Lot Number: Lot 6
  • Deed Book: 549

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Vacasa - North
  • Rental Cottage Name: Shore to Please
  • Rental Cottage Number: 6
  • Rental Phone Number: 252.453.9660
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2021
  • Taxes: 3571

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2022
Closed on
Jul 28, 2022
Sold by
Christina Desmarais and Christina M
Bought by
John D Shugrue Revocable Trust and Elizabeth A Price Revocable Trust
Seller's Agent
Denise Graham
Keller Williams - Outer Banks
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$919,000
Sold Price
$929,000
Premium/Discount to List
$10,000
1.09%
Current Estimated Value
$1,145,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,563
Avg. Annual Appreciation
6.86%
Original Mortgage
$271,000
Outstanding Balance
$260,821
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$875,795

Purchase Details

Closed on
Oct 17, 2001
Bought by
Desmarais Carl F and Desmarais Christine 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
John D Shugrue Revocable Trust -- Casey & Robbins Pc
Desmarais Carl F $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open John D Shugrue Revocable Trust $271,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $929,000 +1.1% $338 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/11/2022 06/11/22 For Sale $919,000 -- $334 / 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 $4,946 $618,500 $192,500 $426,000
2023 $4,946 $597,400 $192,500 $404,900
2022 $3,586 $597,400 $192,500 $404,900
2021 $3,571 $514,300 $175,000 $339,300
2020 $3,095 $514,300 $175,000 $339,300
2019 $3,086 $514,300 $175,000 $339,300
2018 $3,086 $514,300 $175,000 $339,300
2017 $2,800 $514,300 $175,000 $339,300
2016 $2,800 $514,300 $175,000 $339,300
2015 $2,800 $514,300 $175,000 $339,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119246

Outer Banks Association of REALTORS®

APN: 115B-000-0006-0000