NOT LISTED FOR SALE

1118 Ocracoke Ct Unit 667 Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $717,881 - $783,000

4 Beds
3.5 Baths
2,073 Sq Ft
$359/Sq Ft Est. Value

Last Sold October 26, 2015

Last sale price $375,000 $181 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $4,953/month

274 Days on Market

Highlights

  • Community Beach Access
  • Gated Community
  • Hydromassage or Jetted Bathtub
  • Health Club
  • Coastal Architecture
  • Community Indoor Pool

About This Home

As of October 2015

LOCATION, LOCATION, LOCATION!! JUST STEPS TO THE BEACH IN THE HEART OF COROLLA LIGHT! Meticulously maintained, this charming villa has been gently used only as a second home...never rented! Open and spacious floor plan featuring 2 Master Suites! Tastefully appointed with lovely furnishings, including gorgeous new slipcovers on living room sofas!! Beautifully updated master bath!! Enjoy the Corolla Light lifestyle and all of the wonderful amenities including oceanfront pool and grill, soundside pools, soundfront walking trails, outdoor tennis courts, and indoor health club featuring indoor pools and tennis courts! And walking distance to the Corolla Light shops and restaurants! EXCELLENT VALUE FOR THIS PREMIER LOCATION! THIS VILLA IS A MUST SEE!

Last Agent to Sell the Property

Melanie Day

Landmark Sotheby's International Realty License #219374 Listed on: 12/05/2014

Landmark Sotheby's International Realty

Last Buyer's Agent

Glenn Jungen

Twiddy and Company - Corolla License #224940

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,808

Year Built

  • Built in 1997

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Zero Lot Line

HOA Fees

  • $519 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,073 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • Carport
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Patio
  • Exterior Lighting

Utilities

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

Community Details

Overview

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

Amenities

  • Common Area

Recreation

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

Security

  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,808

Year Built

Built in 1997

Lot Details

0

HOA Fees

$519 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Jet Tub, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck
  • Subdivision Name: Corolla Light
  • Headline: CHARMING-STEPS TO THE BEACH!
  • Heated Sq Ft: 2073
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 528
  • Major Subdivision: Corolla Light
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: 1 Car, Attached
  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Gated Community, Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 6232

Lot Info

  • Lot Description: Cul-de-sac, Level, Zero Lot Line
  • Deed Book: 404

Rental Info

  • Est Annual Rental Income: 33000
  • Estimated Rental Performance: 0.088

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2014
  • Taxes: 1808

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2014
Closed on
Oct 22, 2015
Sold by
Spruill David B and Spruill Janet L
Bought by
Vliet John B Van and Vliet Jennifer T Van
Seller's Agent
Melanie Day
Landmark Sotheby's International Realty
Buyer's Agent
Glenn Jungen
Twiddy and Company - Corolla
List Price
$389,000
Sold Price
$375,000
Premium/Discount to List
-$14,000
-3.6%
Current Estimated Value
$743,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,220
Avg. Annual Appreciation
7.25%
Original Mortgage
$179,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Vliet John B Van $375,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanvilet John B $200,000
Closed Vliet John B Van $179,000
Previous Owner Spruill David B $169,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2015 10/26/15 Sold $375,000 -3.6% $181 / Sq Ft
09/05/2015 09/05/15 Pending -- -- --
12/05/2014 12/05/14 For Sale $389,000 -- $188 / 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 $3,528 $437,300 $200,000 $237,300
2023 $3,528 $437,300 $200,000 $237,300
2022 $2,666 $437,300 $200,000 $237,300
2021 $2,651 $324,500 $125,000 $199,500
2020 $1,990 $324,500 $125,000 $199,500
2019 $1,990 $324,500 $125,000 $199,500
2018 $1,990 $324,500 $125,000 $199,500
2017 $1,808 $324,500 $125,000 $199,500
2016 $1,808 $324,500 $125,000 $199,500
2015 $1,808 $324,500 $125,000 $199,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 86040

Outer Banks Association of REALTORS®

APN: 115B-000-0667-0000