$480,000
SOLD MAY 1, 2013
5 Beds
4.5 Baths
2,664 Sq Ft
1 Acres

Recently Sold

$180 Per Sq Ft

23% Below List Price

224 Days on Market

Highlights

  • Ocean View
  • 43,430 Sq Ft lot
  • Screened Porch
  • In Ground Pool
  • Furnished
  • 2-minute walk to Jockey's Ridge State Park

About This Home

As of December 2018

GRAND SETTING FOR THIS HOME ON 1+ ACRE LOT!! Located on a cul-de-sac in Corolla Village. About 460 yards takes you to the uncrowded beach access for sun, surf and sand. This home is spacious with plenty of room for everyone. Wonderful views from wrap-around decks provide sunrise and sunset spectacular colors. Enjoy morning coffee or evening cocktails in the screened porch. Three master bedrooms, a bunk room and den with futon used as both an office and fifth bedroom. You'll love the pool deck and private pool. A relaxing hot tub on the deck will be a pleasant treat after a hectic day. Plenty of space for additions and concrete is already in place to add a ground floor game room. Conveniently located and an easy walk to the Corolla Lighthouse, Historic Whalehead Club and shops in Corolla Village. Don't miss this one - great home - terrific location - realistic price!!! This is a short sale listing which will require lender approval of the sale.

Last Agent to Sell the Property

Jack & Carol Riggle

Outer Banks Realty Group License #185778 Listed on: 06/06/2012

Co-Listed By

Carol Riggle

Outer Banks Realty Group License #207024

Last Buyer's Agent

Joanne Kepler

Beach Realty & Construction- Corolla License #190335

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,058

Year Built

  • Built in 1996

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 258x143x84x189x182
  • Cul-De-Sac
  • Landscaped
  • Level Lot

Home Design

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

Interior Spaces

  • 2,664 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Library
  • Screened Porch
  • Utility Room
  • Ocean Views

Kitchen

  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Tuck Under Parking

Pool

  • In Ground Pool
  • Spa
  • Fiberglass Pool

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Corolla Village Subdivision

Listing and Financial Details

  • Tax Lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,058

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: From Rte 12, turn to the ocean on Schoolhouse; next left to Karen's Way Dr; house on left.
  • Extras: Ceiling Fan(s), Hot Tub, Landscaped, Screened Porch
  • Headline: Third Row - Great Ocean Views
  • Heated Sq Ft: 2664
  • Potential Short Sale: Yes
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 2
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: Res
  • Deed Book Pg Number: 79
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Bedroom 1: King Mstr, On Level: 3
  • Bedroom 2: Queen Mstr, On Level: 2
  • Bedroom 3: Dbl Binks, On Level: 2
  • Bedroom 4: King Mstr, On Level: 2
  • Bedroom 5: Den, On Level: 2
  • Kitchen: On Level: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Gas Fireplace, Ensuite
  • Dining Room: On Level: 3
  • Living Room: On Level: 3
  • Optional Rooms: Library/Study
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Shakes
  • Pool: Yes
  • Pool Type: Outdoor, In Ground, Fiberglass
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 2 Car, Carport
  • Parking: Paved, Under

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 43430
  • Lot Description: Cul-de-sac, Level
  • Lot Faces: S
  • Lot Size: 258x143x84x189x182
  • Lot Number: Lot 4
  • Deed Book: 822

Rental Info

  • Est Annual Rental Income: 39091
  • Estimated Rental Performance: 0.0814
  • Lease Terms: Weekly
  • Other Expenses: 496100
  • Rental Co: Resort Realty
  • Rental Cottage Name: The Whistling Oyster
  • Rental Cottage Number: 1248
  • Rental Phone Number: 252 453-8700
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 1996

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 3057.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2018
Closed on
Dec 20, 2018
Sold by
Whyte Chadford J and Whyte Amy E
Bought by
Apple Robert E and Apple Carlisa K
Seller's Agent
Joanne Kepler
Beach Realty & Construction- Corolla
Buyer's Agent
Joanne Kepler
Beach Realty & Construction- Corolla
List Price
$799,000
Sold Price
$700,000
Premium/Discount to List
-$99,000
-12.39%
Current Estimated Value
$1,415,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$715,542
Avg. Annual Appreciation
11.46%
Original Mortgage
$490,000
Outstanding Balance
$437,497
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$991,975

Purchase Details

Listed on
Jun 6, 2012
Closed on
May 2, 2013
Sold by
Hill David K and Hill Jill E
Bought by
Whyte Chadford J and Whyte Amy E
Seller's Agent
Jack & Carol Riggle
Outer Banks Realty Group
Buyer's Agent
Joanne Kepler
Beach Realty & Construction- Corolla
List Price
$625,000
Sold Price
$480,000
Premium/Discount to List
-$145,000
-23.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$384,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Warranty Deed $700,000 None Available
Warranty Deed $480,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $490,000 New Conventional
Previous Owner $384,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2018 12/20/18 Sold $700,000 -12.4% $196 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
09/21/2018 09/21/18 For Sale $799,000 +66.5% $224 / Sq Ft
05/01/2013 05/01/13 Sold $480,000 -23.2% $180 / Sq Ft
01/16/2013 01/16/13 Pending -- -- --
06/06/2012 06/06/12 For Sale $625,000 -- $235 / 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 $7,173 $933,900 $496,100 $437,800
2023 $7,173 $916,400 $496,100 $420,300
2022 $5,228 $916,400 $496,100 $420,300
2021 $5,149 $828,500 $496,100 $332,400
2020 $4,749 $828,500 $496,100 $332,400
2019 $4,675 $828,500 $496,100 $332,400
2018 $4,737 $840,300 $496,100 $344,200
2017 $4,297 $776,000 $496,100 $279,900
2016 $3,989 $776,000 $496,100 $279,900
2015 $3,989 $776,000 $496,100 $279,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 75154

Outer Banks Association of REALTORS®

APN: 114F-000-0004-0002