NOT LISTED FOR SALE

1117 Carotank Dr Corolla, NC 27927

Estimated Value: $1,172,401 - $1,379,000

6 Beds
6.5 Baths
3,400 Sq Ft
$376/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $837,000 $246 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,066/month

10 Days on Market

Highlights

  • Beach Access
  • Rooftop Deck
  • Contemporary Architecture
  • Concrete Pool
  • Second Refrigerator
  • 3-minute walk to Jockey's Ridge State Park

About This Home

As of October 2020

Situated on a spacious, secluded, and beautifully landscaped lot in the renowned Historic Corolla Village, it's no surprise that this custom-built & meticulously well-maintained estate was a past winner in the Parade of Homes! With a grand entrance framing the views of the Currituck lighthouse, the house was designed to serve as the perfect retreat for a second home, investment property or full-time residence. Spread over three thoughtfully designed levels of living space, this home offers 6 bedrooms, 6.5 baths & ample space for large friend or family gatherings. On the top floor you're surrounded by secluded decks for time spent outdoors, a screened porch, & beautifully appointed kitchen with granite countertops, custom cabinetry & island seating, a spacious dining room, ships watch, great room with gorgeous hardwoods, a wet bar with stand alone ice machine & gas fireplace, king master suite with a jacuzzi tub & deck access, and a half bath. The second floor boasts a grand foyer, stunning luxury vinyl tile (LVT) throughout, two master suites (queen & king) with deck access, a king bedroom with deck access, a full bath with duo sinks, and a kids room with two bunk sets, a trundle bed & direct deck access, and one of two separate laundry rooms with a washer/dryer. On the ground level, you will enjoy the convenience of a spacious game room with pool table, LVT water resistant flooring, a full bath & kitchenette with full-size refrigerator, and a two queen master bedroom with a jacuzzi tub, as well as, a second laundry room with washer/dryer. The fun doesn't end here as this home offers every exterior amenity you can imagine to include a private pool with hot tub, grilling station w/ charcoal grill (home also has a gas grill), pergola with dining seating, a screened porch, rooftop deck overlooking the Currituck lighthouse, outside shower, covered porch seating, basketball, pristine landscaping, and more! This home proved to be a strong income generator when rented through Twiddy and has most recently served as a beloved second home to the attentive owners. Enjoy the charm of the sandy Carotank road leading the way to a private beach access for this street! Corolla's locally owned shops & restaurants, the Historic Whalehead Club, and the Corolla Adventure Park are a quick walk or bike ride away for the whole family to enjoy.

Last Agent to Sell the Property

Hunter Davis

Twiddy and Company - Corolla License #301647 Listed on: 07/30/2020

Co-Listed By

Martha Springer

Twiddy and Company - Corolla License #135162

Last Buyer's Agent

Madonna VanCuren

Coldwell Banker Seaside Realty - KDH License #136061

Coldwell Banker Seaside Realty - KDH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,728

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 150x134
  • Property fronts a private road
  • Landscaped
  • Unpaved Streets

Home Design

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

Interior Spaces

  • 3,400 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Rooftop Deck
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Built by WA Smith
  • Corolla Village Subdivision

Listing and Financial Details

  • Tax Lot #19

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,728

Year Built

Built in 2002

Lot Details

0.46 Acres

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: Head north on Ocean Trail, east on Carotank Dr., 1st house on your left.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Patio, Screened Porch, Smoke Detector(s), Sun Deck, Whirlpool/Spa, Roof Top Deck, Dry Entry
  • Flood Zone: X
  • Headline: Showstopper in Corolla Village
  • Heated Sq Ft: 3400
  • L V T Date: 07/30/2020
  • Roads: Private, Unpaved
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 446
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • 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, Ice Machine, Microwave, Range/Oven, Refrigerator, Washer, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Ice Maker Connection, Ensuite, Wet Bar
  • Optional Rooms: Breakfast Nook, Foyer, Game Room, Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: WA Smith
  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Concrete, Private Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply

Lot Info

  • Lot Size: 150X134
  • Lot Number: Lot#19
  • Deed Book: 1300

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2020
  • Taxes: 3728

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Oct 2, 2020
Sold by
Holmes Kim R and Holmes Galina V
Bought by
Mcnamara John Thomas and Mcnamara Mary Ann
Seller's Agent
Hunter Davis
Twiddy and Company - Corolla
Buyer's Agent
Madonna VanCuren
Coldwell Banker Seaside Realty - KDH
List Price
$845,000
Sold Price
$837,000
Premium/Discount to List
-$8,000
-0.95%
Current Estimated Value
$1,279,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,850
Avg. Annual Appreciation
8.25%

Purchase Details

Listed on
May 4, 2014
Closed on
Aug 26, 2014
Sold by
Ferrari Anthony O and Badolato Nicholas
Bought by
Holmes Kim R and Holmes Galina V
Seller's Agent
Martha Springer
Twiddy and Company - Corolla
Buyer's Agent
Jane Ford
Ford Luxury Properties, LLC
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%
Original Mortgage
$335,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2009
Sold by
Ferrari Anthony O and Badolato Nicholas
Bought by
Ferrari Anthony O and Badolato Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Mcnamara John Thomas $837,000 None Available
Holmes Kim R $675,000 Attorney
Ferrari Anthony O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holmes Kim R $335,000
Previous Owner Ferrari Anthony O $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2020 10/08/20 Sold $837,000 -0.9% $246 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $845,000 +25.2% $249 / Sq Ft
08/29/2014 08/29/14 Sold $675,000 -3.4% $199 / Sq Ft View Prior Sale
07/23/2014 07/23/14 Pending -- -- --
05/04/2014 05/04/14 For Sale $699,000 -- $206 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $5,677 $742,000 $226,300 $515,700
2024 $5,677 $742,000 $226,300 $515,700
2023 $5,661 $742,000 $226,300 $515,700
2022 $4,220 $742,000 $226,300 $515,700
2021 $4,205 $652,300 $226,300 $426,000
2020 $3,727 $652,300 $226,300 $426,000
2019 $3,727 $652,300 $226,300 $426,000
2018 $0 $652,300 $226,300 $426,000
2017 $3,494 $652,300 $226,300 $426,000
2016 $3,483 $652,300 $226,300 $426,000
2015 $3,483 $652,300 $226,300 $426,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110346

Outer Banks Association of REALTORS®

APN: 114B-000-0019-0003

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