1121 Bodie Ct Unit 626 Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $720,000 - $763,000
4
Beds
3.5
Baths
2,087
Sq Ft
$353/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Spa
- Contemporary Architecture
- Health Club
- Gated Community
- Cathedral Ceiling
About This Home
As of July 2018*****Five Star Villa This oceanside villa gets winning marks for location, condition, and value. It is just 650 feet to the beach, in tip-top condition, and ready to enjoy. This is the "Clythia Model,” with living area on the top level that leads out to a large deck. Four bedrooms with three and a half baths. Expansive upper floor deck for ocean views, patio (with hot-tub) and enclosed garage. This top-of-the-line townhouse is very popular with renters producing an income at such a high level that IT PAYS FOR ITSELF. The villa earns an average $50K in annual rents. As soon as you enter, you can see why. The colors and beach themed décor are smile inducing. Immaculately maintained. The villa’s many features include a fully equipped galley kitchen opening to a dining room. Wood laminate floors, commercial carpet and tile. Wood burning fireplace. Hot-tub on the private patio with green landscaped views. This villa could be used as a high-earning rental or make it your exclusive second home at the beach. A view of the ocean, a close walk to the beach and all of the Corolla Light community amenities are here for you to enjoy. The current owner manages the rentals through VRBO (Vacation Rentals by Owner) the internet vacation home booking service. The owner agrees to assist new owners, if they desire, by advising them of the “successful secrets” of managing for extraordinary rents. (All guest history transfers.) Of course, as an alternative, the house could be turned over to a local rental company. Don’t want to rent? Or just rent on a limited basis? The house is perfect as a carefree second home at the beach. It is in move-in condition with all furniture, electronics and home accessories included. Current owners have continuously upgraded the unit and kept complete records of all improvements. Exterior siding, roof and painting and grounds keeping are covered by the condo HOA. This vacation home offers the best options for owning at the beach. This villa is a guest-pleasing rental property with such a robust income that it literally pays for itself. Or, new owners may want to just keep it for themselves to use as a second home in turn-key condition just steps from the ocean. After 12 years, the sellers are ready to sell and have priced this tidy vacation villa to attract a new buyer right away. Don’t delay on this. It won’t last long. Read the reviews by guests on the VRBO website https://www.vrbo.com/126337#&gid=1&pid=21.
Last Agent to Sell the Property
Celebration Realty License #274905 Listed on: 04/04/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,851
Year Built
- Built in 1988
Lot Details
- 9,453
HOA Fees
- $561 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Property Attached
- Frame Construction
- Asphalt Shingled Roof
- Shake Siding
- Piling Construction
Interior Spaces
- 2,087 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Window Treatments
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Ice Maker
- Laminate Countertops
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Dryer
- Washer
Parking
- Garage
- Carport
- Garage Door Opener
Pool
- Spa
- Outdoor Pool
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Municipal Utilities District for Water and Sewer
Additional Features
- Sun Deck
- Property fronts a private road
Community Details
Overview
- Association fees include building maintenance, grounds maintenance, pool, road maintenance, security
- Corolla Light Subdivision
Recreation
- Community Beach Access
- Health Club
- Tennis Courts
- Indoor Tennis Courts
- Community Indoor Pool
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2018
Closed on
Jul 10, 2018
Sold by
Wetmore David M and Wetmore Anne
Bought by
Ritter John B and Ritter Joan C
Seller's Agent
Scott Wheeler
Celebration Realty
Buyer's Agent
Scott Wheeler
Celebration Realty
List Price
$399,000
Sold Price
$379,000
Premium/Discount to List
-$20,000
-5.01%
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
$356,959
Avg. Annual Appreciation
10.08%
Purchase Details
Closed on
Nov 7, 2006
Sold by
Sachse Stephen R and Sachse Lisa A
Bought by
Wetmore David M and Wetmore Anne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 29, 2005
Sold by
Aylor John L and Aylor Janet A
Bought by
Sachse Steven R and Sachse Lisa A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,500
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
Similar Home in Corolla, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ritter John B | $379,000 | None Available | |
| Wetmore David M | $585,000 | None Available | |
| Sachse Steven R | $570,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wetmore David M | $403,500 | |
| Previous Owner | Wetmore David M | $417,000 | |
| Previous Owner | Wetmore David M | $33,500 | |
| Previous Owner | Wetmore David M | $468,000 | |
| Previous Owner | Sachse Steven R | $57,500 | |
| Previous Owner | Sachse Steven R | $460,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2018 07/24/18 | Sold | $379,000 | 0.0% | $182 / Sq Ft |
| 06/18/2018 06/18/18 | Pending | -- | -- | -- |
| 06/08/2018 06/08/18 | Off Market | $379,000 | -- | -- |
| 04/04/2018 04/04/18 | For Sale | $399,000 | -- | $191 / 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 |
|---|---|---|---|---|
| 2024 | $3,511 | $434,800 | $200,000 | $234,800 |
| 2023 | $3,511 | $434,800 | $200,000 | $234,800 |
| 2022 | $2,653 | $434,800 | $200,000 | $234,800 |
| 2021 | $2,698 | $323,800 | $125,000 | $198,800 |
| 2020 | $2,039 | $323,800 | $125,000 | $198,800 |
| 2019 | $2,039 | $323,800 | $125,000 | $198,800 |
| 2018 | $2,039 | $323,800 | $125,000 | $198,800 |
| 2017 | $1,852 | $323,800 | $125,000 | $198,800 |
| 2016 | $1,852 | $323,800 | $125,000 | $198,800 |
| 2015 | $1,852 | $323,800 | $125,000 | $198,800 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Wheeler
Seller's Agent in 2018
Scott Wheeler
Celebration Realty
(757) 775-5115
38 in this area
46 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 99939
APN: 115B-000-0626-0000
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