NOT LISTED FOR SALE

Estimated Value: $685,843 - $730,000

4 Beds
4 Baths
2,025 Sq Ft
$351/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $550,000 $272 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,881/month

1 Day on Market

Highlights

  • Community Beach Access
  • Health Club
  • Gated Community
  • Ocean View
  • Outdoor Pool
  • Second Refrigerator

About This Home

As of October 2021

This Villa is the “Baltic Model,” the coveted end-unit with the main living area on the mid-level that leads out to a large deck. It is one of the closest villas to the oceanfront. This 4 bedroom, 4 bath townhouse is in move-in condition, fully furnished and ready to enjoy. The ground floor has a two car garage, laundry and two bedrooms- both with patio access. One bedroom has two single beds. The other bedroom has a queen-size Murphy bed which folds into the wall creating an additional living space which can be used as an office or recreation room. On the mid-level, there is a large great room with a wall of windows and vaulted ceiling. The kitchen is an open design with Corian countertops and stainless steel appliances. There is a dining table for eight, gas fireplace, and a wet bar with wine cooler. Sliding doors lead to a sundeck for dining outside or relaxing. Completing the mid-level is a king master bedroom with jet tub and balcony. On the third floor, is a huge master bedroom suite with a walk-in closet, too balcony and large bathroom with shower and jet tub. This home has been meticulously maintained so there are no required updates or deferred repairs in store for the buyer. The original plumbing has been replaced with PEX pipe material. New HVAC systems were installed in 2016 and 2021. The Homeowners Association takes care of the landscaping, exterior painting, siding, and roof. It is located in the "X" flood zone so no insurance is required for mortgage. Owners and guests can enjoy the extensive community amenities of Corolla Light including the nearby oceanfront complex where there are two huge pools, playground and oceanfront restaurant. The indoor Sports Center is available year-round with an Olympic-sized pool, fitness rooms, and clay tennis courts. Everything is close at hand: shopping, dining, recreational facilities, Corolla Historic Park and more. This villa could be used as a high-earning rental or make it your second home at the beach. Don't miss this turn-key vacation home!

Last Agent to Sell the Property

Scott Wheeler

Celebration Realty License #274905 Listed on: 07/29/2021

Last Buyer's Agent

Sarah Spencer

Keller Williams - Outer Banks License #185795

Keller Williams - Outer Banks

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,874

Year Built

  • Built in 1987

Lot Details

  • Property fronts a private road
  • Landscaped

HOA Fees

  • $632 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,025 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Cooler

Flooring

  • Engineered Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Sun Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 648

Community Details

Overview

  • Association fees include grounds maintenance, road maintenance, security
  • Don Cheek Association, Phone Number (252) 453-2455
  • Corolla Light Subdivision

Recreation

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

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,874

Year Built

Built in 1987

Lot Details

0

HOA Fees

$632 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Route 12 N, Right on Austin Street into Corolla Light Main Entrance. Turn right on Villa Drive. Third Street own left is Hatteras Court.
  • Extras: Ceiling Fan(s), Central Vacuum, Garage Door Opener, Jet Tub, Landscaped, Patio, Sun Deck
  • Flood Zone: X
  • Headline: End-unit Villa
  • Heated Sq Ft: 2025
  • L V T Date: 07/29/2021
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: res
  • Deed Book Pg Number: 120
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Corolla Light
  • Newpoint Media: Yes
  • Office License Number: C31179
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator, Wine Cooler
  • Bedrooms: 4
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Tile, Vinyl, Engineered Wood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Washer Connection, Wet Bar

Exterior Features

  • Construction: Frame, Wood
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 2 Car

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Heat Pump, Zoned
  • Fuel Tanks: Leased
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance, Road Maintenance, Security
  • Association Amenities: Gated Community, Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Racquetball
  • Association Fee: Yes
  • Estimated Annual Fee: 7579
  • Hoa Contact: Don Cheek
  • HOA Contact: 252-453-2455
  • Home Owner Dwelling Insurance: 700

Lot Info

  • Lot Number: Lot 648
  • Deed Book: 1228

Rental Info

  • Flood Expenses: 1200
  • Lease Terms: Weekly
  • Maintenance Expenses: 1000
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: LandShark
  • Rental Cottage Number: 648
  • Rental Phone Number: 252-453-3000
  • Rental Turnover Day: Sunday
  • Annual Cable TV Expense: 2500
  • Annual Electric: 2200
  • Annual Water Expense: 1400
  • Rental Contact Name: Emma Muir
  • Rental Contact Phone: 252-453-3000

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2020
  • Taxes: 1873.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Oct 6, 2021
Sold by
Koons Mark A and Koons Dawn K
Bought by
Corolla Landshark Llc
Seller's Agent
Scott Wheeler
Celebration Realty
Buyer's Agent
Sarah Spencer
Keller Williams - Outer Banks
List Price
$525,000
Sold Price
$550,000
Premium/Discount to List
$25,000
4.76%
Current Estimated Value
$711,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,211
Avg. Annual Appreciation
7.21%

Purchase Details

Listed on
Mar 6, 2012
Closed on
Dec 13, 2012
Sold by
Reed Charles S and Reed Claudia
Bought by
Koons Mark A and Koons Dawn K
Seller's Agent
Richard Neher
Brindley Beach Vacations & Sales-Duck
Buyer's Agent
Richard Neher
Brindley Beach Vacations & Sales-Duck
List Price
$425,000
Sold Price
$385,000
Premium/Discount to List
-$40,000
-9.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%
Original Mortgage
$250,000
Interest Rate
3.44%
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
Corolla Landshark Llc $550,000 None Available
Koons Mark A $385,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koons Mark A $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold $550,000 +4.8% $272 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $525,000 +36.4% $259 / Sq Ft
12/13/2012 12/13/12 Sold $385,000 -9.4% $190 / Sq Ft
10/13/2012 10/13/12 Pending -- -- --
03/06/2012 03/06/12 For Sale $425,000 -- $210 / 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 $3,441 $414,200 $200,000 $214,200
2023 $3,022 $404,500 $200,000 $204,500
2022 $2,551 $404,500 $200,000 $204,500
2021 $2,536 $294,100 $125,000 $169,100
2020 $1,874 $294,100 $125,000 $169,100
2019 $1,874 $294,100 $125,000 $169,100
2018 $1,874 $294,100 $125,000 $169,100
2017 $1,702 $294,100 $125,000 $169,100
2016 $1,702 $294,100 $125,000 $169,100
2015 $1,702 $294,100 $125,000 $169,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115458

Outer Banks Association of REALTORS®

APN: 115B-000-0648-0000