NOT LISTED FOR SALE

1167 Austin St Unit 218 Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $858,000 - $1,124,000

5 Beds
5 Baths
2,896 Sq Ft
$357/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $523,000 $181 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $6,411/month

12 Days on Market

Highlights

  • Community Beach Access
  • Outdoor Pool
  • Corner Lot
  • Health Club
  • Clubhouse
  • Furnished

About This Home

As of January 2020

This home checks all the boxes of what buyers are searching for, but cannot often find, in their hunt for the perfect beach house. Here we have the rare combination of superior location, excellent condition and quality features all together -topped off by an attractive price. The house is located on a prime corner lot on the Oceanside of Route 12 in Corolla Light Resort. Only a short walk to the beach and steps away from pizza, seafood, bakery and shops. Neat as a pin with flawless interior woodwork- no improvements are required here. This place is move-in ready with most furniture and decorations included -just add the decorator touches to suit your taste. This five bedroom original-owner home is not a rental and it shows it.  The condition of the interior and exterior is remarkable. New paint outside (2019), new roof (2010), new HVAC (2011), new windows (2011). The first floor is tiled with a bunk-bed in combination with a game room. Three large bedrooms on the second floor with an oversized laundry room. Upstairs there is a large great room with many tall windows open to the light.  There is a convenient wet-bar and cozy gas fireplace (never used). Kitchen with breakfast bar is open to a large dining area. An adjoining loft room gives elevated views outside. The fifth bedroom suite is on the top floor.  Decks overlook stunning views. The side yard has plenty of room to add a private pool. Look at the photos, this house is an exceptional find, priced to sell. Rarely do houses in this condition come on the market, so schedule a showing.

Last Agent to Sell the Property

Scott Wheeler

Celebration Realty License #274905 Listed on: 11/20/2019

Co-Listed By

Mandy Robinson

Outer Banks Realty Group License #300017

Last Buyer's Agent

Scott Wheeler

Celebration Realty License #274905 Listed on: 11/20/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,197

Year Built

  • Built in 1993

Lot Details

  • Property fronts a private road
  • Lot includes common area
  • Landscaped
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $277 Monthly HOA Fees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 2,896 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Community Details

Overview

  • Association fees include management, pool, road maintenance, tennis courts
  • Built by Beach Realty
  • 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

$3,197

Year Built

Built in 1993

Lot Details

0

HOA Fees

$277 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: Off of Rt 12, Turn into Corolla Light main entrance, Turn left at stop sign, Driveway is on left. House on Corner of Austin and Franklyn Streets.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Sun Deck, Inside Laundry Room
  • Flood Zone: X
  • Headline: *Five Star Vacation Home*
  • Heated Sq Ft: 2896
  • L V T Date: 11/20/2019
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: RES
  • Deed Book Pg Number: 343
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Corolla Light
  • Newpoint Media: Yes
  • Office License Number: C31179
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Gas Fireplace, Ensuite, Pantry, Some Windows Treated, Washer Connection, Wet Bar
  • Optional Rooms: Breakfast Nook, Game Room, Utility Room
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: Beach Realty
  • Construction: Wood
  • Exterior: Wood
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Paved, Under

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Road Maintenance, Tennis Courts
  • 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: 3329
  • Home Owner Dwelling Insurance: 5417

Lot Info

  • Lot Description: Adj. To Common Area, Corner
  • Lot Faces: S
  • Deed Book: 997

Rental Info

  • Est Annual Rental Income: 47190
  • Estimated Rental Performance: 0.0902
  • Flood Expenses: 640
  • Other Expenses: 88
  • Other Expenses2: 660
  • Other Expenses3: 200
  • Annual Electric: 430
  • Annual Water Expense: 240

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2019
  • Taxes: 3197

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2019
Closed on
Dec 20, 2019
Sold by
Adelsten Carolyn and Adelsten John
Bought by
Campbell Bryan C and Campbell Jennifer Leigh
Seller's Agent
Scott Wheeler
Celebration Realty
Buyer's Agent
Scott Wheeler
Celebration Realty
List Price
$535,000
Sold Price
$523,000
Premium/Discount to List
-$12,000
-2.24%
Current Estimated Value
$1,035,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,119
Avg. Annual Appreciation
14.08%
Original Mortgage
$418,400
Outstanding Balance
$372,822
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$709,278

Purchase Details

Closed on
Feb 10, 2007
Sold by
Adelsten John and Adelsten Carolyn
Bought by
Adelsten Carolyn and Adelsten John
Source: Public Records

Range of Values:

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
Campbell Bryan C $523,000 None Available
Adelsten Carolyn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Bryan C $418,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Sold $523,000 -2.2% $181 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
11/20/2019 11/20/19 For Sale $535,000 -- $185 / 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 $4,999 $631,000 $302,500 $328,500
2023 $4,999 $620,000 $302,500 $317,500
2022 $3,679 $620,000 $302,500 $317,500
2021 $3,664 $552,400 $275,000 $277,400
2020 $3,198 $552,400 $275,000 $277,400
2019 $3,198 $552,400 $275,000 $277,400
2018 $3,198 $552,400 $275,000 $277,400
2017 $2,902 $552,400 $275,000 $277,400
2016 $2,902 $552,400 $275,000 $277,400
2015 $2,902 $552,400 $275,000 $277,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 107370

Outer Banks Association of REALTORS®

APN: 115B-000-0218-0000