NOT LISTED FOR SALE

1117 Ocracoke Ct Corolla, NC 27927

Estimated Value: $741,000 - $822,000

4 Beds
3.5 Baths
2,177 Sq Ft
$361/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $411,200 $189 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,924/month

159 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Clubhouse
  • Ocean View
  • Spa
  • Contemporary Architecture

About This Home

As of April 2013

Bank approved short sale of this beautiful Admiral end unit. You can't get any closer to the ocean in the Villas than this unit. Personal property and hot tub can be purchased under separate Bill of Sale for $10,000, they do not convey with the purchase of the unit. Sellers prefer to sell personal property at the time of the unit purchase to keep the turn-key rental in place. Call listing office for the KABA code for keyless entry. There is the space for an ice machine but the ice maker has been removed. Unit is being sold "as is", no repairs will be done, all inspections are welcome.

Last Agent to Sell the Property

Margaret Allen

Margaret Allen Realty License #202501 Listed on: 09/15/2012

Last Buyer's Agent

Ronald Barrett

Brindley Beach Vacations & Sales - Cor License #94054

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,596

Year Built

  • Built in 1997

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Sprinkler System

HOA Fees

  • $502 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding

Interior Spaces

  • 2,177 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 665

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, grounds maintenance, management, pool, road maintenance, security, tennis courts
  • Don Cheek Association
  • Corolla Light Subdivision

Recreation

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

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,596

Year Built

Built in 1997

Lot Details

0

HOA Fees

$502 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: Main Entrance of Corolla Light, R turn into Lighthouse Villas, L onto Ocracoke Ct to end N unit
  • Extras: Beach Access, Ceiling Fan(s), Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Shower, Patio, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Corolla Light PUD-Lighthouse Villas
  • Headline: Bank Approved Short Sale
  • Heated Sq Ft: 2177
  • Potential Short Sale: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: Residentia
  • Deed Book Pg Number: 561
  • Major Subdivision: Corolla Light
  • Special Features: 12
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Bedroom 1: Duo Bunk, On Level: Ground
  • Bedroom 2: King, On Level: Ground
  • Bedroom 3: King Maste, On Level: 1
  • Bedroom 4: King Maste, On Level: 2
  • Kitchen: Large, On Level: 1
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Some Windows Treated, Washer Connection
  • Dining Room: Combo, On Level: 1
  • Living Room: Open, On Level: 1
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: Yes
  • View: Ocean

Garage/Parking

  • Garage: Attached
  • Garage Sq Ft: 338
  • Parking: Paved, Unit Garage

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer/Septic System: Community Septic
  • Water: Private

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts
  • 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: 6018
  • Hoa Contact: Don Cheek
  • HOA Contact: 453-2455

Lot Info

  • Lot Description: Cul-de-sac
  • Lot Faces: E
  • Lot Number: Lot 665
  • Deed Book: 1165

Rental Info

  • Est Annual Rental Income: 36150
  • Estimated Rental Performance: 0.0879
  • Lease Terms: Weekly
  • Rental Co: Vacasa - North
  • Rental Cottage Name: OBXplorer
  • Rental Cottage Number: 665
  • Rental Phone Number: 252-453-9660
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1997

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 1596

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2020
Sold by
C & A Melke Holdings Llc
Bought by
Goff William A and Goff Mimi L
Current Estimated Value
$786,191

Purchase Details

Closed on
Jan 31, 2014
Sold by
Meike Christopher B and Melke Annemarie
Bought by
C&A Meike Holdings Llc

Purchase Details

Listed on
Sep 15, 2012
Closed on
Apr 9, 2013
Sold by
Mair Hans U and Mair Michele J
Bought by
Melke Christopher B and Melke Annemarie
Seller's Agent
Margaret Allen
Margaret Allen Realty
Buyer's Agent
Ronald Barrett
Brindley Beach Vacations & Sales - Cor
List Price
$373,500
Sold Price
$411,200
Premium/Discount to List
$37,700
10.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%

Purchase Details

Closed on
Dec 24, 2010
Sold by
Mair Robert C and Mair Janet M
Bought by
Mair Hans U and Mair Michele J

Purchase Details

Closed on
May 9, 2006
Sold by
Onufrcuk Michael and Onufrcuk Dwebora B
Bought by
Mair Michele J and Mair Hans U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
6.39%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Goff William A $497,000 None Available
C&A Meike Holdings Llc -- None Available
Melke Christopher B $2,480,500 None Available
Mair Hans U -- None Available
Mair Michele J $635,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mair Michele J $508,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2013 04/19/13 Sold $411,200 +10.1% $189 / Sq Ft
02/21/2013 02/21/13 Pending -- -- --
09/15/2012 09/15/12 For Sale $373,500 -- $172 / 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
2025 $3,783 $457,300 $200,000 $257,300
2024 $3,767 $457,300 $200,000 $257,300
2023 $3,374 $457,300 $200,000 $257,300
2022 $2,840 $457,300 $200,000 $257,300
2021 $2,825 $334,400 $125,000 $209,400
2020 $2,098 $334,400 $125,000 $209,400
2019 $2,098 $334,400 $125,000 $209,400
2018 $0 $334,400 $125,000 $209,400
2017 $1,905 $334,400 $125,000 $209,400
2016 $1,905 $334,400 $125,000 $209,400
2015 -- $334,400 $125,000 $209,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Margaret Allen

    Margaret Allen Realty

    (252) 207-4238

    Margaret Allen
    Section Image
  • Ronald Barrett

    Buyer's Agent in 2013

    Ronald Barrett

    Brindley Beach Vacations & Sales - Cor

    (252) 202-8999

    35 in this area

    41 Total Sales

    Ronald Barrett
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 76292

Outer Banks Association of REALTORS®

APN: 115B-000-0665-0000

North Carolina Currituck County Corolla 27927

1117 Ocracoke Ct, Corolla, NC

Not Listed for Sale

Townhouses

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