NOT LISTED FOR SALE

1128 Gray Ct Corolla, NC 27927

Estimated Value: $1,022,257 - $1,049,000

5 Beds
6 Baths
3,017 Sq Ft
$344/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $610,000 $202 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,033/month

143 Days on Market

Highlights

  • Community Beach Access
  • Coastal Architecture
  • Hydromassage or Jetted Bathtub
  • In Ground Pool
  • Cathedral Ceiling
  • Furnished

About This Home

As of August 2020

Truly a turn-key & beautifully appointed home, both inside and outside, to please the most discerning buyer. The top level open concept great room with its vaulted ceilings is uniquely designed offering the openness you want when enjoying your family, while also quite comfy if only one ventures to stay for a quick break. There is an east facing sun deck, wood burning fireplace, a large dining table and a step up area for more intimate dining. The kitchen has tons of natural light, granite countertops, stainless appliances and access to a deck with grill. A master bedroom on the top has access to decking and a large en-suite bath with large tub and separate shower. The mid level also has decking on the west and east sides of the home. A nice master bedroom with access to the deck with hot tub, a spacious en-suite bath with shower stall and jetted tub. Another queen bedroom also offers direct access to the hot tub deck has a jack-n-jill bathroom shared with a duo-bunk bedroom. The fifth bedroom with 2 bunk sets has deck access and private bathroom. The ground level offers a den and half bath. The ground level leads out to the oversized area with custom gunite pool. Plenty of seating and sunning to be enjoyed in this landscaped oasis. UPDATES to the house include: May 2020 new hot tub, 2020 new duct work; 2019 house painted inside and outside, 2019 all new carpeting, 2019 new bedroom furniture in top and bedrooms w/shared baths, 2019 all new mattresses & bedding; 2018 removed old poly lines and replumbed entire house; 2017 new bedroom furniture in mid level master. 2017 new hot water heater. For a qualified primary & second home Buyer - Local Lender offering 10% down, no PMI, Fixed Rate jumbo loan! Walk to Oceanfront complex with dining, 4 pools, 8 outdoor tennis courts, playground, basketball & volleyball courts and of course, access to the Atlantic Ocean. Corolla Light also offers a soundfront outdoor pool, walking/jogging trails a fabulous indoor sport center with pool, tennis, racquetball, workout room, saunas.

Last Agent to Sell the Property

Denise Graham

Keller Williams - Outer Banks License #190990 Listed on: 02/06/2020

Keller Williams - Outer Banks

Co-Listed By

Eddie Kavanaugh

Keller Williams - Outer Banks License #126307

Last Buyer's Agent

Melanie Day

Landmark Sotheby's Internation License #219374

Landmark Sotheby's Internation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,968

Year Built

  • Built in 1993

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped

HOA Fees

  • $269 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 3,017 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Outdoor Shower
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 12

Community Details

Overview

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

Amenities

  • Common Area

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,968

Year Built

Built in 1993

Lot Details

0

HOA Fees

$269 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Jet Tub, Landscaped, Outside Shower, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Flood Zone: X
  • Headline: TONS!! of Updates!
  • Heated Sq Ft: 3017
  • L V T Date: 02/06/2020
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: Residentia
  • Advertised Income 2020: 25125
  • Deed Book Pg Number: 751
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Corolla Light
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Wood Fireplace
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Wood
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Gunite, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Racquetball, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3232

Lot Info

  • Lot Description: Cul-de-sac
  • Lot Number: Lot 12
  • Deed Book: 307

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: High Vistas
  • Rental Cottage Number: 12
  • Rental Turnover Day: Saturday
  • Rental Contact Email: emma@brindleybeach.com
  • Rental Contact Name: Emma Muir
  • Rental Contact Phone: 252-253-3123

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2019
  • Taxes: 2968

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2020
Closed on
Aug 6, 2020
Sold by
Haskins John F and Haskins Annemarie J
Bought by
Patch Ralph E and Patch Judith B
Seller's Agent
Denise Graham
Keller Williams - Outer Banks
Buyer's Agent
Melanie Day
Landmark Sotheby's Internation
List Price
$660,000
Sold Price
$610,000
Premium/Discount to List
-$50,000
-7.58%
Current Estimated Value
$1,037,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,314
Avg. Annual Appreciation
10.21%

Purchase Details

Closed on
Oct 15, 1992
Bought by
Haskins John F and Haskins Annemarie J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Patch Ralph E $610,000 None Available
Haskins John F $125,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2020 08/10/20 Sold $610,000 -2.4% $202 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
02/24/2020 02/24/20 Price Changed $625,000 -5.3% $207 / Sq Ft
02/06/2020 02/06/20 For Sale $660,000 -- $219 / 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
2025 $4,541 $579,700 $192,500 $387,200
2024 $4,525 $579,700 $192,500 $387,200
2023 $4,045 $579,700 $192,500 $387,200
2022 $3,392 $579,700 $192,500 $387,200
2021 $3,377 $491,700 $175,000 $316,700
2020 $2,960 $491,700 $175,000 $316,700
2019 $2,960 $491,700 $175,000 $316,700
2018 $0 $491,700 $175,000 $316,700
2017 $2,686 $491,700 $175,000 $316,700
2016 $2,694 $491,700 $175,000 $316,700
2015 $2,688 $491,700 $175,000 $316,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108183

Outer Banks Association of REALTORS®

APN: 115B-000-0012-0000