NOT LISTED FOR SALE

1204 Pacific Ave Corolla, NC 27927

Estimated Value: $776,543 - $970,000

5 Beds
3 Baths
2,400 Sq Ft
$368/Sq Ft Est. Value

Last Sold April 25, 2014

Last sale price $425,000 $177 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,967/month

200 Days on Market

Highlights

  • Spa
  • Second Refrigerator
  • Cathedral Ceiling
  • Sauna
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of April 2014

Completely renovated home just a short stroll to the beach access. This home features a lower level game room with wet bar,tile flooring, bedroom, full bath with sauna. Step outside & lounge around the pool, hot tub & professionally landscaped park like private setting. Mid level offers 3 bedrooms,laundry & full bath. Top level offers a spacious well appointed great room with stone fireplace, bamboo floors,dining area, kitchen with granite & stainless steel appliances, breakfast bar,bedroom & full bath. Lots of sun & covered decks, tastefully furnished & accessorized. Close to shops, restaurants & sites in Historic Corolla Village.

Last Agent to Sell the Property

Martha Springer

Twiddy and Company - Corolla License #135162 Listed on: 09/29/2013

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

  • $2,600

Year Built

  • Built in 1986

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 110x194
  • Property fronts a private road
  • Landscaped

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 2,400 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Utility Room
  • Dryer Hookup
  • Sauna

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Pool

  • Spa
  • Outdoor Shower
  • Fiberglass Pool

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Association fees include road maintenance
  • Ocean Hill Subdivision

Listing and Financial Details

  • Tax Lot #109

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,600

Year Built

Built in 1986

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: Ocean Trail, East on Coral Ln. N on Pacific Ave, 2nd house on left
  • Extras: Ceiling Fan(s), Hot Tub, Landscaped, Outside Lighting, Outside Shower, Sauna, Sun Deck
  • Flood Zone: X
  • Subdivision Name: Ocean Hill
  • Headline: Completely renovated cottage
  • Heated Sq Ft: 2400
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 150
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, 2nd Refrigerator
  • Bedrooms: 5
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 3
  • Kitchen: On Level: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Fireplace
  • Dining Room: On Level: 3
  • Family Room: On Level: 1
  • Living Room: On Level: 3
  • Optional Rooms: Game Room

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool Type: Outdoor, Fiberglass
  • Street Frontage: 110

Garage/Parking

  • Parking: Paved

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Road Maintenance
  • Association Fee: Yes
  • Estimated Annual Fee: 280
  • Home Owner Dwelling Insurance: 4300

Lot Info

  • Estimated Lot Sq Ft: 21000
  • Lot Faces: E
  • Lot Size: 110x194
  • Lot Number: Lot#109
  • Deed Book: 822

Rental Info

  • Est Annual Rental Income: 33000
  • Estimated Rental Performance: 0.0776
  • Flood Expenses: 379
  • Lease Terms: Weekly
  • Poolspa Expense: 2125
  • Rental Co: Sun Realty
  • Rental Cottage Name: Lee's Retreat
  • Rental Cottage Number: OH-04
  • Rental Phone Number: 4538822
  • Rental Turnover Day: Sat.
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 2600
  • Annual Telephone Expense: 1348
  • Annual Water Expense: 384

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2012
  • Taxes: 2600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2013
Closed on
Apr 25, 2014
Sold by
Lee Richard M and Lee Karen F
Bought by
Chance Keith and Chance Melissa
Seller's Agent
Martha Springer
Twiddy and Company - Corolla
Buyer's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
List Price
$530,000
Sold Price
$425,000
Premium/Discount to List
-$105,000
-19.81%
Current Estimated Value
$882,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,386
Avg. Annual Appreciation
6.41%
Original Mortgage
$382,500
Outstanding Balance
$290,061
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$592,325
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Chance Keith $425,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chance Keith $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2014 04/25/14 Sold $425,000 -19.8% $177 / Sq Ft
04/17/2014 04/17/14 Pending -- -- --
09/29/2013 09/29/13 For Sale $530,000 -- $221 / 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 $4,349 $536,700 $224,100 $312,600
2024 $4,349 $536,700 $224,100 $312,600
2023 $4,333 $536,700 $224,100 $312,600
2022 $3,253 $536,700 $224,100 $312,600
2021 $3,246 $483,800 $203,700 $280,100
2020 $2,908 $483,800 $203,700 $280,100
2019 $2,908 $483,800 $203,700 $280,100
2018 $2,908 $483,800 $203,700 $280,100
2017 $2,639 $483,800 $203,700 $280,100
2016 $2,646 $483,800 $203,700 $280,100
2015 $2,639 $483,800 $203,700 $280,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 80738

Outer Banks Association of REALTORS®

APN: 114C-000-0109-0001