$295,000
SOLD OCT 10, 2017

1132 Ocracoke Ct Unit 673 Corolla, NC 27927

Corolla Neighborhood
4 Beds
3.5 Baths
2,073 Sq Ft
$519/mo HOA Fee

Recently Sold

$142 Per Sq Ft

15% Below List Price

725 Days on Market

Highlights

  • Community Beach Access
  • Indoor Pool
  • Clubhouse
  • Health Club
  • Gated Community
  • Hydromassage or Jetted Bathtub

About This Home

As of August 2023

This townhouse will be your total Corolla vacation destination with unmatched community AMENITIES, steady rental INCOME, and QUICK WALK TO THE BEACH! NO FLOOD insurance required at this high X-Zone elevation! VALUE-PRICED! Compare LOCATION to other CL condo options--SHORT distance to the Oceanfront Complex! Why pay more to be farther from the beach? Pretty, beachy decor. NEW HEAT PUMP APRIL 2016! Spacious and in great condition, guests love the two large king masters, private-feeling afternoon-shaded decks, large spa, and a three-minute walk to the beach! Large garage, wood fireplace and outdoor charcoal grill. View of Currituck Beach Lighthouse! WALK-IN READY, turn-key vacation rental! In recent years SELLER HAS REPLACED: Roof, Chimney Cap, Range/oven, Dishwasher, Stainless steel double sink, Deck table and Carpet! Refrigerator new in early Sept. 2016! Consistent annual rental income with the ultimate AMENITIES experience! Corolla Light gives amazing vacations without ever starting the car. Ride the trolleys to and from the ocean-to-sound amenities and activities. Oceanfront Complex has THREE pools, poolside service, snack bar, gift shop, Oceanfront Grille with full bar (dubbed "Crabcake Heaven!") and diverse playground area for all ages. Ample shops and dining also within walking distance. Outdoor tennis courts dotted thru the community, and the enormous indoor/year-round Sports Complex has two full tennis courts, two racquetball courts, two extensively-equipped gym/workout rooms and huge indoor pool with lap lanes and more! Soundside outdoor pool area has nearby soundfront walking paths, Ecology Trail, pier/gazebo for sunsets! CL has an in-season security gate and patrol. Private Channel 900 and website are helpful. And CL's wristband system offers discounts at several local businesses! Room dimensions are rounded down.

Last Agent to Sell the Property

Terry Cremia

Shore Realty License #204156 Listed on: 09/02/2015

Co-Listed By

Pat Preston

Shore Realty License #248991

Last Buyer's Agent

Brad Beacham

Landmark Sotheby's International Realty License #194377

Landmark Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,797

Year Built

  • Built in 1995

HOA Fees

  • $519 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding

Interior Spaces

  • 2,073 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Pool

  • Indoor Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Community Details

Overview

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

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,797

Year Built

Built in 1995

Lot Details

0

HOA Fees

$519 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Rt 12/Ocean Trail to east on Austin St. into Corolla Light; right on Villa Drive; 1132 "Rogue Wave" on right at end, near the circle.
  • Extras: Beach Access, Ceiling Fan(s), Curbs, Covered Decks, Hot Tub, Jet Tub, Sun Deck
  • Flood Zone: X
  • Subdivision Name: Corolla Light PUD-Lighthouse Villas
  • Headline: COROLLA LIGHT--VILLA VALUE!
  • Heated Sq Ft: 2073
  • Roads: Paved
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 973
  • Major Subdivision: Corolla Light
  • Office License Number: C17783
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Bedroom 1: 15x11, On Level: 2
  • Bedroom 2: 15x12, On Level: 2
  • Bedroom 3: 10x10, On Level: 1
  • Bedroom 4: 9x11, On Level: 1
  • Kitchen: 4x10, On Level: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Wood Fireplace
  • Dining Room: 17x11, On Level: 3
  • Living Room: 18x15, On Level: 3
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Association
  • Pool Type: Indoor, Outdoor, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: Big!

Garage/Parking

  • Garage: Attached
  • Parking: Paved

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Road Maintenance, Security, Sewer/Septic, Tennis Courts, Walkways
  • Association Amenities: Clubhouse, Gated Community, Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground, Racquetball, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 6232

Lot Info

  • Deed Book: 796

Rental Info

  • Est Annual Rental Income: 28514
  • Estimated Rental Performance: 0.0967
  • Lease Terms: Weekly
  • Other Expenses: 125000
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Rogue Wave
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Actual

Building Info

  • Year Built: 1995

Tax Info

  • Year: 2015
  • Taxes: 1797

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2018
Sold by
Tolentino Ana C and Ana C Tolentino Trust
Bought by
Tolentino Ana C and Ana C Tolentino Trust
Current Estimated Value
$708,726

Purchase Details

Listed on
Sep 2, 2015
Closed on
Sep 26, 2017
Sold by
Torres Ricardo D and Torres Karen B
Bought by
Tolentino Ana C
Seller's Agent
Terry Cremia
Shore Realty
Buyer's Agent
Brad Beacham
Landmark Sotheby's International Realty
List Price
$349,000
Sold Price
$295,000
Premium/Discount to List
-$54,000
-15.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.85%
Original Mortgage
$265,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2014
Sold by
Ana C Tolentino Trust
Bought by
Bacheller Ashley and Humphries Meredith G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
4.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 23, 2005
Sold by
Tuner R Wertnebaker and Tuner Ann G
Bought by
Torres Richardo D and Torres Kerry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,600
Interest Rate
5.72%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $295,000 Attorney
Warranty Deed $3,960,000 None Listed On Document
Warranty Deed $560,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $265,500 New Conventional
Previous Owner $145,000 Credit Line Revolving
Previous Owner $593,000 New Conventional
Previous Owner $359,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2023 08/02/23 Sold $660,000 +1.7% $317 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $649,000 +120.0% $312 / Sq Ft
10/10/2017 10/10/17 Sold $295,000 -15.5% $142 / Sq Ft
08/27/2017 08/27/17 Pending -- -- --
09/02/2015 09/02/15 For Sale $349,000 -- $168 / 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
2024 $3,772 $437,900 $200,000 $237,900
2023 $3,772 $437,900 $200,000 $237,900
2022 $2,736 $437,900 $200,000 $237,900
2021 $2,715 $322,400 $125,000 $197,400
2020 $2,036 $322,400 $125,000 $197,400
2019 $2,031 $322,400 $125,000 $197,400
2018 $2,031 $322,400 $125,000 $197,400
2017 $1,850 $322,400 $125,000 $197,400
2016 $1,850 $322,400 $125,000 $197,400
2015 $1,845 $322,400 $125,000 $197,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 89404

Outer Banks Association of REALTORS®

APN: 115B-000-0673-0000