NOT LISTED FOR SALE

Estimated Value: $1,312,000 - $1,418,000

6 Beds
5.5 Baths
4,130 Sq Ft
$331/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $1,262,500 $306 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,192/month

84 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 March 2023

Situated in the amenity-filled Corolla Light community of Corolla, this gorgeous and impeccably well-maintained soundfront estate boasts unforgettable views of the Currituck Sound and is the ideal size and layout for a second home, full time residence, or investment property with 6 bedrooms and 5.5 baths. On the top floor, an open concept living room with a gas fireplace & wet bar, well equipped kitchen with stainless appliances and island, dining & breakfast seating serve as the perfect place to gather with friends while soaking up views of the sound. This floor includes a king en suite w/ direct deck access, half bath, and spacious sun decks surrounding. On the second floor, a grand tiled foyer entry leads you to the mid level den with direct deck access, a queen en suite, king bedroom with semi-private bath, a spacious king & and queen bedroom with a shared bath, and laundry. Enjoy relaxing on the covered decks or make your way to the private gazebo and hot tub overlooking the sound or outside showers. The first floor offers a third den for unwinding after a long a day, as well as, a bedroom with bunk set, twin and trundle beds, and full bath. Enjoy the convenience of Corollas local and historic attractions, as well as, the extensive community amenity list to include an in-season trolley service, oceanfront and soundside pools, fitness center with an indoor pool, racquetball, and more!

Last Agent to Sell the Property

Hunter Davis

Twiddy and Company - Corolla License #301647 Listed on: 11/16/2022

Co-Listed By

Kaleigh DiPietro

Twiddy and Co. - Duck License #311308

Last Buyer's Agent

Hunter Davis

Twiddy and Company - Corolla License #301647 Listed on: 11/16/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,216

Year Built

  • Built in 1993

Lot Details

  • Home fronts a sound
  • Lot includes common area
  • Landscaped
  • Sprinkler System
  • Property is zoned SFO

HOA Fees

  • $277 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,130 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Views of a Sound
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener
  • Off-Street Parking

Pool

  • Cabana
  • Spa
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Covered Deck
  • Patio
  • Exterior Lighting
  • Gazebo

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot #305

Community Details

Overview

  • Ben Stikeleather Association
  • Corolla Light Subdivision

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,216

Year Built

Built in 1993

Lot Details

0

HOA Fees

$277 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Cabana, Ceiling Fan(s), Common Laundry Area, Covered Decks, Garage Door Opener, Gazebo, Hot Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Dry Entry
  • Flood Zone: X
  • Headline: Luxury Soundfront Listing!
  • Heated Sq Ft: 4130
  • L V T Date: 11/16/2022
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: SFO
  • Deed Book Pg Number: 472
  • 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: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, Wine Cooler
  • Bedrooms: 6
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood, Luxury Vinyl Plank
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Media Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Wood
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Sound

Garage/Parking

  • Garage: Attached
  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Fuel Tanks: Leased
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Racquetball, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 3329
  • Hoa Contact: Ben Stikeleather
  • HOA Contact: ben@corolla-light.com

Lot Info

  • Lot Description: Adj. To Common Area, Water Frontage
  • Lot Number: Lot #305
  • Deed Book: 799

Rental Info

  • Est Annual Rental Income: 130350
  • Estimated Rental Performance: 0.1032
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Sound Escape
  • Rental Cottage Number: K305
  • Rental Phone Number: 252-457-1100
  • Rental Turnover Day: Saturday
  • Rental Contact Email: arobertson@twiddy.com
  • Rental Contact Name: Alison Robertson
  • Rental Contact Phone: 252-457-1100

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2022
  • Taxes: 4216.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2022
Closed on
Mar 24, 2023
Sold by
Wilfore Victor R
Bought by
Kyle R Arcand Living Trust
Seller's Agent
Hunter Davis
Twiddy and Company - Corolla
Buyer's Agent
Hunter Davis
Twiddy and Company - Corolla
List Price
$1,325,000
Sold Price
$1,262,500
Premium/Discount to List
-$62,500
-4.72%
Total Days on Market
84
Views
107
Current Estimated Value
$1,368,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,997
Avg. Annual Appreciation
3.36%
Original Mortgage
$988,000
Outstanding Balance
$959,149
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$409,348

Purchase Details

Closed on
Aug 16, 2004
Bought by
Wilfore Victor R and Wilfore Patricia F
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
Kyle R Arcand Living Trust $7,575,000 --
Wilfore Victor R $1,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kyle R Arcand Living Trust $988,000
Previous Owner Wilfore Victor R $458,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $1,262,500 -2.8% $306 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
01/24/2023 01/24/23 Price Changed $1,299,000 -2.0% $315 / Sq Ft
11/16/2022 11/16/22 For Sale $1,325,000 -- $321 / 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 $5,673 $717,400 $240,000 $477,400
2023 $5,673 $717,400 $240,000 $477,400
2022 $4,216 $717,400 $240,000 $477,400
2021 $4,201 $694,700 $300,000 $394,700
2020 $4,057 $694,700 $300,000 $394,700
2019 $4,057 $694,700 $300,000 $394,700
2018 $4,057 $694,700 $300,000 $394,700
2017 $3,679 $694,700 $300,000 $394,700
2016 $3,679 $694,700 $300,000 $394,700
2015 $3,679 $694,700 $300,000 $394,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120838

Outer Banks Association of REALTORS®

APN: 115B-000-0305-0000