NOT LISTED FOR SALE

1201 Adriatic Ave Corolla, NC 27927

Estimated Value: $1,131,000 - $1,411,052

6 Beds
7 Baths
4,183 Sq Ft
$305/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $585,000 $140 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $7,183/month

16 Days on Market

About This Home

As of January 2019

Located in the Ocean Hill neighborhood, this home was built in 1989 and offers approximately 4183 finished square feet, six bedrooms, five full and two half baths, three fireplaces, lots of ceramic tile floors, multiple decks, outdoor bar, in-ground pool, rear fenced yard and built in two car garage.

Last Agent to Sell the Property

Sherry Price

OWNERS.com License #280923 Listed on: 10/24/2018

Last Buyer's Agent

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518

Coldwell Banker Seaside Realty - KDH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,498

Year Built

  • Built in 1989

Lot Details

  • Ocean Front

HOA Fees

  • $23 Monthly HOA Fees

Home Design

  • 4,183 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms

Community Details

  • Ocean Hill Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 55

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,498

Year Built

Built in 1989

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Class: RESIDENTIAL
  • Bank Owned: Yes
  • Heated Sq Ft: 4183
  • L V T Date: 10/25/2018
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: res
  • Deed Book Pg Number: 695
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 2

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 280

Lot Info

  • Lot Number: Lot 55
  • Deed Book: 192

Rental Info

  • Other Expenses: 424200

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2018
  • Taxes: 4498.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2018
Closed on
Nov 28, 2018
Sold by
Deutsche Bank National Trust Co
Bought by
Aldridge Thomas
Seller's Agent
Sherry Price
OWNERS.com
Buyer's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
List Price
$650,000
Sold Price
$585,000
Premium/Discount to List
-$65,000
-10%
Current Estimated Value
$1,291,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$706,548
Avg. Annual Appreciation
11.76%
Original Mortgage
$453,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2018
Sold by
Pow Robert E De and Depow Kathleen De
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 31, 1899
Bought by
Depow Robert E and Depow Kathleen E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Aldridge Thomas $585,000 None Available
Deutsche Bank National Trust Company $975,000 None Available
Depow Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aldridge Thomas $453,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2019 01/18/19 Sold $585,000 -10.0% $140 / Sq Ft
10/24/2018 10/24/18 For Sale $650,000 -- $155 / 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 $5,676 $728,800 $466,600 $262,200
2024 $5,676 $728,800 $466,600 $262,200
2023 $4,913 $707,600 $466,600 $241,000
2022 $4,106 $707,600 $466,600 $241,000
2021 $4,171 $707,800 $424,200 $283,600
2020 $4,096 $950,300 $424,200 $526,100
2019 $5,373 $937,100 $424,200 $512,900
2018 $5,373 $937,100 $424,200 $512,900
2017 $4,883 $937,100 $424,200 $512,900
2016 $4,883 $937,100 $424,200 $512,900
2015 $4,883 $937,100 $424,200 $512,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Sherry Price

    OWNERS.com

    Section Image
  • Heather VanderMyde

    Buyer's Agent in 2019

    Heather VanderMyde

    Coldwell Banker Seaside Realty - KDH

    (252) 202-2375

    64 in this area

    353 Total Sales

    Heather VanderMyde
    Section Image
  • Kasey Rabar

    Buyer Co-Listing Agent in 2019

    Kasey Rabar

    Coldwell Banker Seaside Realty - KDH

    (252) 619-0325

    15 in this area

    62 Total Sales

    Kasey Rabar
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 102452

Outer Banks Association of REALTORS®

APN: 114C-000-0055-0001

North Carolina Currituck County Corolla 27927

1201 Adriatic Ave, Corolla, NC

Not Listed for Sale

Detached

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