Seller's Agent in 2021
Terry Cremia
Shore Realty
(252) 207-3111
13 in this area
82 Total Sales
1119 Franklyn St Corolla, NC 27927
Estimated Value: $2,121,000 - $2,288,883
6
Beds
5.5
Baths
4,035
Sq Ft
$544/Sq Ft
Est. Value
Highlights
- Beach Front
- Ocean View
- Concrete Pool
- Community Beach Access
- Health Club
- Second Refrigerator
About This Home
As of March 2021Breathtaking Panoramic Ocean Views! Corolla Light Stormont-built 6bd/5.5ba Oceanfront home has Private Heated Pool, ELEVATOR, Game Room w/ Pool Table, Foosball, Full Fridge & Ice Machine, and Excellent Income...with the BEST COMMUNITY AMENITIES in OBX! Sweeping Curved formal entry Staircase, LARGE Kitchen w/2 DWs & 2 Fridges; tastefully Elegant furnishings, bedding & decor, Walk-In Ready! TRULY Amazing views with Floor-to-Ceiling Living Room windows...Views from mid-level, too! Three En-suite bedrooms, a King master on two levels with luxurious baths. BRAND-NEW "Hurricane Proof" Roof, gas-power Pool Heater, one Dishwasher, one Refrigerator, Cooktop, Glass Shower Doors & Bath Floors. In 2019 Shared Walkway to Beach & Pool Resurfaced. In 2017 Kitchen Granite/Tile Backsplash, Exterior Paint & Carpet. In 2016 ALL Decking/Railings! Ships Watch room gives Stunning Sunrises and Landing above living area opens to west-facing Balcony to enjoy Sunset "sit & sips!" Corolla Light amenities create a truly cloistered Resort and include year-round Brindley Sports Complex with Indoor Tennis, Racquetball, Gym & HUGE indoor pool; (steps away from) Oceanfront Complex with Dining/Bar, Snacks, Games, Kiddie Pool; outdoor Tennis Courts; soundside Outdoor Pool; Walking paths, and summertime Trolley Service.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,579
Year Built
- Built in 1997
Lot Details
- Lot Dimensions are 75x100
- Beach Front
- 75 Feet of Waterfront
- Landscaped
HOA Fees
- $277 Monthly HOA Fees
Parking
- Paved Parking
Home Design
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Piling Construction
Interior Spaces
- 4,035 Sq Ft Home
- Elevator
- Furnished
- Gas Fireplace
- Game Room
- Ocean Views
Kitchen
- Built-In Oven
- Built-In Range
- Microwave
- Second Refrigerator
- Second Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Hydromassage or Jetted Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Concrete Pool
- Heated In Ground Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Covered Deck
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Fuel Tank
- Private Sewer
Listing and Financial Details
- Tax Lot 231
Community Details
Overview
- Association fees include common electric, common insurance, management, pool, security, tennis courts, walkways
- Don Cheek, Mgr. Association, Phone Number (252) 453-2455
- Built by Stormont
- Corolla Light Subdivision
Recreation
- Community Boardwalk
- Community Beach Access
- Health Club
- Tennis Courts
- Indoor Tennis Courts
- Racquetball
- Community Playground
- Community Indoor Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 29, 2020
Closed on
Mar 3, 2021
Sold by
Alpha Omega Business Group Llc
Bought by
Dungan Asset Management Llc
Seller's Agent
Terry Cremia
Shore Realty
Buyer's Agent
Danielle Taylor
Keller Williams - Outer Banks
List Price
$1,850,000
Sold Price
$1,720,000
Premium/Discount to List
-$130,000
-7.03%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,971
Avg. Annual Appreciation
5.12%
Purchase Details
Closed on
Dec 19, 2011
Sold by
Smith Juliana Parker and Parker James Hodges
Bought by
Alpha Omega Business Group Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dungan Asset Management Llc | $1,720,000 | None Available | |
| Alpha Omega Business Group Llc | $1,300,000 | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/11/2021 03/11/21 | Sold | $1,720,000 | -7.0% | $426 / Sq Ft |
| 01/14/2021 01/14/21 | Pending | -- | -- | -- |
| 11/29/2020 11/29/20 | For Sale | $1,850,000 | -- | $458 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $9,629 | $1,306,600 | $850,000 | $456,600 |
| 2024 | $9,613 | $1,306,600 | $850,000 | $456,600 |
| 2023 | $8,354 | $1,306,600 | $850,000 | $456,600 |
| 2022 | $6,936 | $1,274,600 | $850,000 | $424,600 |
| 2021 | $7,030 | $1,318,300 | $950,000 | $368,300 |
| 2020 | $7,579 | $1,318,300 | $950,000 | $368,300 |
| 2019 | $7,579 | $1,318,300 | $950,000 | $368,300 |
| 2018 | $7,579 | $1,318,300 | $950,000 | $368,300 |
| 2017 | $6,869 | $1,318,300 | $950,000 | $368,300 |
| 2016 | $6,869 | $1,318,300 | $950,000 | $368,300 |
| 2015 | $6,869 | $1,318,300 | $950,000 | $368,300 |
Source: Public Records
Agents Affiliated with this Home
-
Terry Cremia
-
Greg Cremia
Seller Co-Listing Agent in 2021
Greg Cremia
Shore Realty
(252) 202-7712
9 in this area
46 Total Sales
-
Danielle Taylor
Buyer's Agent in 2021
Danielle Taylor
Keller Williams - Outer Banks
(252) 489-9185
38 in this area
126 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 112036
APN: 115B-000-0231-0000
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