NOT LISTED FOR SALE

1128 Ocracoke Ct Corolla, NC 27927

Estimated Value: $736,000 - $831,000

4 Beds
3.5 Baths
2,472 Sq Ft
$318/Sq Ft Est. Value

Last Sold November 08, 2013

Last sale price $375,000 $152 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,916/month

313 Days on Market

Highlights

  • Community Beach Access
  • Clubhouse
  • Cathedral Ceiling
  • Health Club
  • Coastal Architecture
  • Community Indoor Pool

About This Home

As of November 2013

Beautiful Admiral end unit in excellent condition. This Lighthouse Villa offers 4 bedrooms with 3.5 bathrooms. The popular end unit admiral design offers 2 bedrooms on the ground level that share a common bathroom. The mid-level (2nd level) offers the main living space, kitchen and dining areas along with a large master suite, with the top level (3rd level) offering an additional master suite. The Villa is only a short walk to the Corolla Light oceanfront complex or beach access. For a full list of all the Corolla Light amenities please visit - http://www.corollalightresort.com/

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 12/08/2012

Keller Williams - Outer Banks

Last Buyer's Agent

Ronald Barrett

Brindley Beach Vacations & Sales - Cor License #94054

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,571

Year Built

  • Built in 1995

Lot Details

  • Property fronts a private road
  • Landscaped

HOA Fees

  • $502 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,472 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • Carport
  • Garage Door Opener

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot #671

Community Details

Overview

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

Recreation

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

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,571

Year Built

Built in 1995

Lot Details

0

HOA Fees

$502 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal
  • Directions: Highway 12, Right on Austin Street. First right on Villa Drive. Follow to Ocracoke Ct. Villa on RT
  • Extras: Ceiling Fan(s), Garage Door Opener, Landscaped, Outside Lighting, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Headline: End Unit - Lighthouse Villa
  • Heated Sq Ft: 2472
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 375
  • Major Subdivision: Corolla Light
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: 1 Car, Attached
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Clubhouse, Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground, Racquetball
  • Association Fee: Yes
  • Estimated Annual Fee: 6018
  • Home Owner Dwelling Insurance: 4050

Lot Info

  • Lot Description: Level
  • Lot Number: Lot #671
  • Deed Book: 362

Rental Info

  • Est Annual Rental Income: 24810
  • Estimated Rental Performance: 0.0662
  • Flood Expenses: 365
  • Rental Co: Village Realty
  • Rental Cottage Name: DeLight of Corolla
  • Rental Cottage Number: CL-671
  • Rental Phone Number: 252.453.9650
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 708
  • Annual Electric: 1690
  • Annual Telephone Expense: 401
  • Annual Water Expense: 2000

Building Info

  • Year Built: 1995

Tax Info

  • Year: 2011
  • Taxes: 1571

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2012
Closed on
Oct 23, 2013
Sold by
Stremic Anthony W and Stremic Nancy U
Bought by
Donnellan Kevin J and Donnellan Barbara M
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Ronald Barrett
Brindley Beach Vacations & Sales - Cor
List Price
$412,000
Sold Price
$375,000
Premium/Discount to List
-$37,000
-8.98%
Current Estimated Value
$786,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,952
Avg. Annual Appreciation
6.29%
Original Mortgage
$300,000
Outstanding Balance
$150,217
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$636,735
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Donnellan Kevin J $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donnellan Kevin J $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2013 11/08/13 Sold $375,000 -9.0% $152 / Sq Ft
10/17/2013 10/17/13 Pending -- -- --
12/08/2012 12/08/12 For Sale $412,000 -- $167 / 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 $3,646 $451,900 $200,000 $251,900
2024 $3,630 $451,900 $200,000 $251,900
2023 $3,253 $451,900 $200,000 $251,900
2022 $2,741 $451,900 $200,000 $251,900
2021 $2,726 $330,200 $125,000 $205,200
2020 $2,020 $330,200 $125,000 $205,200
2019 $2,020 $330,200 $125,000 $205,200
2018 $2,020 $330,200 $125,000 $205,200
2017 $1,835 $330,200 $125,000 $205,200
2016 $1,835 $330,200 $125,000 $205,200
2015 $1,835 $330,200 $125,000 $205,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 77124

Outer Banks Association of REALTORS®

APN: 115B-000-0671-0000