NOT LISTED FOR SALE

Estimated Value: $772,000 - $908,000

4 Beds
3.5 Baths
2,423 Sq Ft
$340/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $450,000 $186 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $5,037/month

176 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Coastal Architecture
  • Health Club
  • Clubhouse
  • Wooded Lot

About This Home

As of October 2020

This is not your "cookie-cutter" boring rental. "Sideways" is a quiet cul-de-sac beach retreat with character and charm, nestled in the trees. Spacious both inside and out, this 4 bedroom, 3.5 bath home features privacy, functionality, meticulous care, and is conveniently located only a short walk to the beach, health club, and shops of Corolla Light - a community full of amenities. Beautiful Brazilian Cherry floors, gorgeous cabinetry, granite counters, custom tiled bathrooms, updated furnishings, and a variety of sleeping accommodations make this property a favorite income producer. Enjoy private deck and hot tub access or relax in the secluded feel of the screened porch off the dining area. The ground level rec room with a powder room and separate laundry area leads right out to a large in-ground pool and grill area. Any buyer can appreciate the uniqueness and character of this updated home, as well as the loving attention to detail in its care. Owners have taken pride in the upkeep and it shows. You have to see this gem to fully appreciate its value and distinctiveness. Don't pass this one by!

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 02/08/2020

Keller Williams - Outer Banks

Co-Listed By

Terry Blocher

Keller Williams - Outer Banks License #271673

Last Buyer's Agent

Rodney Perry

Brindley Beach Vacations & Sal License #218159

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,438

Year Built

  • Built in 1988

Lot Details

  • 7,841 Sq Ft Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $269 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,423 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Loft
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Washer

Parking

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

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot #728

Community Details

Overview

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

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,438

Year Built

Built in 1988

Lot Details

0

HOA Fees

$269 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Rt 12 north to right on Austin St into entrance of Corolla Light Resort. Turn right onto Franklyn St, turn right onto Morris, stay right into cul-de-sac. Property is located ahead at the end of the street.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Corolla Light PUD
  • Headline: Spacious Beach Retreat
  • Heated Sq Ft: 2423
  • L V T Date: 02/08/2020
  • Phase: Phase 1
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: res
  • Advertised Income 2020: 38057
  • Deed Book Pg Number: 772
  • 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: Disposal, Dishwasher, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Countertops: Granite, Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection
  • Optional Rooms: Loft
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts
  • Association Amenities: Clubhouse, Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3232

Lot Info

  • Lot Description: Cul-de-sac, Wooded
  • Lot Number: Lot #728
  • Estimated Lot Size: 0.18
  • Deed Book: 1080

Rental Info

  • Est Annual Rental Income: 29155
  • Estimated Rental Performance: 0.0648
  • Lease Terms: Weekly
  • Poolspa Expense: 3095
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Sideways
  • Rental Cottage Number: #728
  • Rental Phone Number: 453-3000
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 2430
  • Annual Electric: 2722
  • Annual Telephone Expense: 1057
  • Annual Water Expense: 1519
  • Rental Contact Email: Kami@brindleybeach.com
  • Rental Contact Name: Kami Trusz
  • Rental Contact Phone: 252-453-3000

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2019
  • Taxes: 2437.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2020
Closed on
Oct 1, 2020
Sold by
Lerner Barry J and Lerner Julie J
Bought by
Legambi Frank W and Legambi Beth Ann
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Rodney Perry
Brindley Beach Vacations & Sal
List Price
$455,000
Sold Price
$450,000
Premium/Discount to List
-$5,000
-1.1%
Current Estimated Value
$837,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,460
Avg. Annual Appreciation
13.21%
Original Mortgage
$360,000
Outstanding Balance
$323,798
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$499,809

Purchase Details

Closed on
Mar 27, 2009
Sold by
Barr Charles R and Barr Gillian
Bought by
Lerner Barry J and Lerner Julie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Legambi Frank W $450,000 None Available
Lerner Barry J $465,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Legambi Frank W $360,000
Previous Owner Lerner Julie L $389,600
Previous Owner Lerner Barry J $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $450,000 -1.1% $186 / Sq Ft
08/02/2020 08/02/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $455,000 0.0% $188 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
02/08/2020 02/08/20 For Sale $455,000 -- $188 / 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 $3,889 $474,700 $192,500 $282,200
2023 $3,889 $458,000 $192,500 $265,500
2022 $2,840 $458,000 $192,500 $265,500
2021 $2,825 $396,800 $175,000 $221,800
2020 $2,438 $396,800 $175,000 $221,800
2019 $2,432 $396,800 $175,000 $221,800
2018 $2,432 $396,800 $175,000 $221,800
2017 $2,213 $396,800 $175,000 $221,800
2016 $2,213 $396,800 $175,000 $221,800
2015 $2,213 $396,800 $175,000 $221,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108224

Outer Banks Association of REALTORS®

APN: 115B-000-0728-0000