NOT LISTED FOR SALE

1128 Payson Ct Corolla, NC 27927

Estimated Value: $903,817 - $1,138,000

5 Beds
3 Baths
2,116 Sq Ft
$468/Sq Ft Est. Value

Last Sold December 31, 2013

Last sale price $525,000 $248 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,876/month

91 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Clubhouse
  • Ocean View
  • Spa
  • Cathedral Ceiling

About This Home

As of December 2013

What a great spot for this open 5 bedroom beach house on the 5th row located on Corolla Light's oceanside! Enjoy direct beach access and walking trails right near the property or sit and relax on one of the many decks and enjoy views of the ocean AND the Currituck Beach Lighthouse. This home comes with beautiful wood fireplace, hot tub, brand new pool and sitting area, and a great rental income history. Come see this location for the price, you wont be disappointed. Corolla Light Amenities include several oceanfront and outdoor pools, parks, tennis courts, a world class sport center, jogging trails, security and trolley system.

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 09/19/2013

Last Buyer's Agent

Ronald Barrett

Brindley Beach Vacations & Sales - Cor License #94054

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,012

Year Built

  • Built in 1987

Lot Details

  • Property fronts a private road
  • Landscaped

HOA Fees

  • $264 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,116 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Screened Porch
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Cedar Closet
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Shower
  • Fiberglass Pool

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot #135

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, security, tennis courts, walkways
  • Don Cheek Association, Phone Number (252) 453-2455
  • Corolla Light Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,012

Year Built

Built in 1987

Lot Details

0

HOA Fees

$264 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Enter main gate of CL. Left on Franklin st at stop sign, Right on Payson. House 2nd on Right
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Screened Porch, Sun Deck
  • Headline: Ocean views Corolla Light!
  • Heated Sq Ft: 2116
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: 2d
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: res
  • Deed Book Pg Number: 607
  • Major Subdivision: Corolla Light
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Floor Coverings: Carpet, Tile, Vinyl, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Cedar Closet(s), Skylight, Some Windows Treated, Wood Fireplace

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Shakes, Wood
  • Pool: Yes
  • Pool Type: Outdoor, Fiberglass
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport

Utilities

  • Cooling: Heat Pump
  • Heating: Central, Heat Pump
  • Septic Fee: 1260
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, 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, Sound Access, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3169
  • Hoa Contact: Don Cheek
  • HOA Contact: 2524532455
  • Home Owner Dwelling Insurance: 2547

Lot Info

  • Lot Number: Lot #135
  • Deed Book: 492

Rental Info

  • Est Annual Rental Income: 36200
  • Estimated Rental Performance: 0.069
  • Poolspa Expense: 2844
  • Rental Co: Outer Banks Blue
  • Rental Cottage Name: Crab's Day Off
  • Rental Cottage Number: CL135
  • Rental Phone Number: 8886232583
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 2034
  • Annual Telephone Expense: 1643
  • Annual Water Expense: 1017

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2013
  • Taxes: 3012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2013
Closed on
Dec 10, 2013
Sold by
Tholis Frank and Tholis Cynthia L
Bought by
Harman Roger D and Harman Elizabeth L M
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Ronald Barrett
Brindley Beach Vacations & Sales - Cor
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%
Current Estimated Value
$990,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,954
Avg. Annual Appreciation
5.43%
Original Mortgage
$417,000
Outstanding Balance
$311,877
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$679,077
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Harman Roger D $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harman Roger D $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2013 12/31/13 Sold $525,000 -8.7% $248 / Sq Ft
12/19/2013 12/19/13 Pending -- -- --
09/19/2013 09/19/13 For Sale $575,000 -- $272 / 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 $5,163 $626,600 $357,500 $269,100
2024 $5,163 $626,600 $357,500 $269,100
2023 $4,947 $626,600 $357,500 $269,100
2022 $3,700 $626,600 $357,500 $269,100
2021 $3,685 $547,800 $325,000 $222,800
2020 $3,238 $547,800 $325,000 $222,800
2019 $3,232 $547,800 $325,000 $222,800
2018 $3,232 $547,800 $325,000 $222,800
2017 $2,938 $547,800 $325,000 $222,800
2016 $2,933 $547,800 $325,000 $222,800
2015 $2,933 $547,700 $325,000 $222,700
Source: Public Records

Agents Affiliated with this Home

  • Jason Summerton

    Seller's Agent in 2013

    Jason Summerton

    Twiddy and Company - Wash Woods

    (252) 202-0105

    17 in this area

    376 Total Sales

    Jason Summerton
    Section Image
  • Ronald Barrett

    Buyer's Agent in 2013

    Ronald Barrett

    Brindley Beach Vacations & Sales - Cor

    (252) 202-8999

    35 in this area

    41 Total Sales

    Ronald Barrett
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 80645

Outer Banks Association of REALTORS®

APN: 115B-000-0135-0000

North Carolina Currituck County Corolla 27927

1128 Payson Ct, Corolla, NC

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes