NOT LISTED FOR SALE

1129 Franklyn St Corolla, NC 27927

Corolla Area

Estimated Value: $1,408,000 - $2,038,000

6 Beds
3 Baths
2,878 Sq Ft
$597/Sq Ft Est. Value

Sale Details

Date Sold: April 22, 2021

Last sale price $1,334,000 $464 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $10,364 / mo

79 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Health Club
  • Knotts Island Elementary School Rated 9+
  • Ocean View
  • Indoor Pool

About This Home

As of April 2021

Looking for a fabulous beach house, here it is! Renovated Oceanfront home located in the highly desirable area of Corolla Light Resort. Home offers 6 bedrooms and 3 full baths with a very open floor plan. You have beautiful views of the Atlantic Ocean and access right out your back door. An outside shower is located under the house for your convenience. The first level is your entry and laundry area. The second level has 2 bedrooms, full bath, large open living room with a gas fireplace, fully equipped kitchen, dining room and a wonderful screened porch. The third level has 1 master bedroom with full bath and three additional bedrooms with another full bath. You have sun decks and covered decks to relax and enjoy the beautiful Atlantic Ocean. There is also a hot tub on the middle level covered deck. Beach access is right next to property with a gazebo too. Recent renovations include expanded living room with huge ocean view windows, sunroom, new 2nd level deck with cable rails, HVACs, furniture, and more. All of this plus all of the amenities that Corolla Light Resort has to offer you. Some of the amenities for the resort include, oceanfront pools, sound side pool, tennis courts, 36,000 sq. ft. sports center with indoor pool, jetted spa, exercise equipment, racquetball court , workout room, and complete with showers and sauna. Exceptional rental property though owners enjoy many in-season weeks for personal use.

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 12/15/2020

Last Buyer's Agent

Martha Springer

Twiddy and Company - Corolla License #135162

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,928

Year Built

  • Built in 1987

Lot Details

  • Beach Front

HOA Fees

  • $269 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 2,878 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Screened Porch
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Corian Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • Indoor Pool
  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 104

Community Details

Overview

  • Association fees include grounds maintenance, pool, tennis courts
  • Don Check Association, Phone Number (252) 453-3550
  • Corolla Light Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,928

Year Built

Built in 1987

Lot Details

7,405 Sq Ft Lot

HOA Fees

$269 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal, Cottage
  • Directions: Ocean Trail north to right at Austin St to left at Franklyn St to house on the left.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Shower, Screened Porch, Sun Deck, Inside Laundry Room
  • Headline: Fabulous Oceanfront!
  • Heated Sq Ft: 2878
  • L V T Date: 12/17/2020
  • Phase: 2D
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 32
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Corolla Light
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Wine Cooler
  • Bedrooms: 6
  • Countertops: Corian
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Gas Fireplace, Ensuite, Pantry, Some Windows Treated

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance, Pool, Tennis Courts
  • Association Amenities: Clubhouse, Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Racquetball, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3232
  • Hoa Contact: Don Check
  • HOA Contact: 252-453-3550
  • Home Owner Dwelling Insurance: 1211

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot 104
  • Deed Book: 1432

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Number: K104
  • Rental Contact Email: jkavanaugh@twiddy.com
  • Rental Contact Name: Jen Kavanaugh
  • Rental Contact Phone: 252-453-3325

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2020
  • Taxes: 6928

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
Apr 12, 2021
Sold by
Bought by
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Martha Springer
Twiddy and Company - Corolla
List Price
$1,399,000
Sold Price
$1,334,000
Premium/Discount to List
-$65,000
-4.65%
Current Estimated Value
$1,717,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,406
Avg. Annual Appreciation
4.92%
Original Mortgage
$933,800
Interest Rate
0.0305%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2017
Sold by
Bought by

Purchase Details

Listed on
Mar 20, 2015
Closed on
Dec 9, 2015
Sold by
Bought by
Seller's Agent
Tim Lancsek
Surfside Realty
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$1,199,000
Sold Price
$950,000
Premium/Discount to List
-$249,000
-20.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%

Purchase Details

Closed on
Nov 1, 2006
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,334,000 None Available
-- None Available
$950,000 Attorney
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $933,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2021 04/22/21 Sold $1,334,000 -4.6% $464 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
12/15/2020 12/15/20 For Sale $1,399,000 +47.3% $486 / Sq Ft
12/14/2015 12/14/15 Sold $950,000 -20.8% $343 / Sq Ft View Prior Sale
11/03/2015 11/03/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $1,199,000 -- $433 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,844 $1,178,000 $850,000 $328,000
2024 $8,844 $1,178,000 $850,000 $328,000
2023 $8,828 $1,178,000 $850,000 $328,000
2022 $6,536 $1,178,000 $850,000 $328,000
2021 $6,512 $1,241,700 $950,000 $291,700
2020 $6,928 $1,241,700 $950,000 $291,700
2019 $6,982 $1,241,700 $950,000 $291,700
2018 $6,982 $1,238,600 $950,000 $288,600
2017 $6,280 $1,238,600 $950,000 $288,600
2016 $6,267 $1,238,600 $950,000 $288,600
2015 -- $1,238,600 $950,000 $288,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112191

Outer Banks Association of REALTORS®

APN: 115B-000-0104-0000

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