NOT LISTED FOR SALE

Estimated Value: $930,393 - $1,051,000

7 Beds
5.5 Baths
2,556 Sq Ft
$394/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $565,000 $221 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,850/month

180 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Cathedral Ceiling
  • Ocean View
  • Outdoor Pool
  • Furnished

About This Home

As of September 2020

Fantastic rental investment located on the Northern end of Corolla, where the beaches are pristine and uncrowded, and the rental income is consistent. This 7 bedroom home comes with a private pool, game room, hot tub and putting green, and is only a short walk to the beach. The first floor offers kids and adults the space they need to relax after a long day at the beach. There's a game room with a pool table and wet bar, with sliders that open to the fenced-in backyard with pool and hot tub. Theres a putting green and basketball hoop in the front yard. There are three bedrooms on the first level, one bedroom has it's own master bathroom. The other two bedrooms share a full bathroom. Walk up to the second floor where you'll find another master bedroom with it's own master bathroom, and two more bedrooms that share a hallway full bathroom. There's also the laundry room on this level, and access to the large covered deck. The third level features a spacious great room, with cathedral ceilings and plenty of natural light from the windows and the sliders that open to the large sun deck. Grab your coffee or an adult beverage and watch the sunrise or sunset from this top deck, see the Currituck Lighthouse, get a glimpse of the ocean, and feel those salt air breezes. Back inside, the great room opens up to the large kitchen with stainless steel appliances, plenty of counter space, and bar seating. There is also a master bedroom on this level, with it's own master bathroom. New floors and fresh paint in 2018. New HVAC compressor and new water heater in 2019. Fully furnished, and already generating rental income. In addition to the features and benefits of the home, you get to enjoy the Ocean Hill community amenities including beach access, community pool, tennis and fitness center. Oh, and this home is located in an X flood zone, so flood insurance is NOT required! $50k in income so far for 2020.

Last Agent to Sell the Property

Jeanne-Marie DeStefano

Keller Williams - Outer Banks License #282161 Listed on: 02/08/2020

Keller Williams - Outer Banks

Last Buyer's Agent

Emily Quinn Bray

Coldwell Banker Seaside Realty KH License #262971

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,437

Year Built

  • Built in 2004

Lot Details

  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $165 Monthly HOA Fees

Home Design

  • Asphalt Shingled Roof
  • Lap Siding

Interior Spaces

  • 2,556 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 102

Community Details

Overview

  • Association fees include management, pool, tennis courts
  • Voh Association
  • Villages At Ocean Hill Subdivision

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,437

Year Built

Built in 2004

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Class: RESIDENTIAL
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Outside Shower, Inside Laundry Room
  • Flood Zone: X
  • Headline: Great investment. turn key.
  • Heated Sq Ft: 2556
  • L V T Date: 02/08/2020
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: res
  • Advertised Income 2020: 50148
  • Deed Book Pg Number: 572
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • 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: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 7
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl Tile
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Some Windows Treated
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Tennis Courts
  • Association Amenities: Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 1978
  • Hoa Contact: VOH
  • HOA Contact: VOH

Lot Info

  • Lot Description: Cul-de-sac, Level
  • Lot Number: Lot 102
  • Deed Book: 1332

Rental Info

  • Est Annual Rental Income: 58893
  • Estimated Rental Performance: 0.1042
  • Rental Co: Seaside Vacations
  • Rental Cottage Name: Shellous
  • Rental Cottage Number: 1008
  • Rental Turnover Day: Sunday
  • Rental Contact Email: MCopeland@seasiderealty.com
  • Rental Contact Name: Michelle Copeland

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2019
  • Taxes: 2437

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2020
Closed on
Sep 21, 2020
Sold by
Aidun Sohrab S and Salamati Aidun Mina
Bought by
Garcia Danilo A and Garcia Danielle C
Seller's Agent
Jeanne-Marie DeStefano
Keller Williams - Outer Banks
Buyer's Agent
Emily Quinn Bray
Coldwell Banker Seaside Realty KH
List Price
$575,000
Sold Price
$565,000
Premium/Discount to List
-$10,000
-1.74%
Current Estimated Value
$1,006,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,098
Avg. Annual Appreciation
12.21%
Original Mortgage
$423,750
Outstanding Balance
$376,050
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$630,048

Purchase Details

Listed on
Mar 11, 2014
Closed on
Jul 1, 2015
Sold by
Andrefski Martin T and Andrefski Wendy K
Bought by
Aidun Sohrab S and Salamati Aidun Mina
Seller's Agent
Debbie Shealey
Coldwell Banker Seaside Realty KH
Buyer's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
List Price
$599,000
Sold Price
$480,500
Premium/Discount to List
-$118,500
-19.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%
Original Mortgage
$330,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2005
Sold by
Lam Roberrt C and Lam Maureen C
Bought by
Andrefski Martin T and Andrefski Wendy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,200
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Buyer Sale Price Title Company
Garcia Danilo A $565,000 None Available
Aidun Sohrab S $480,500 Attorney
Andrefski Martin T $8,740,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Danilo A $423,750
Previous Owner Aidun Sohrab S $330,500
Previous Owner Andrefski Martin T $699,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $565,000 -1.7% $221 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
02/08/2020 02/08/20 For Sale $575,000 +19.7% $225 / Sq Ft
06/30/2015 06/30/15 Sold $480,500 -19.8% $188 / Sq Ft
02/08/2015 02/08/15 Pending -- -- --
03/11/2014 03/11/14 For Sale $599,000 -- $234 / 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 $4,211 $514,800 $149,000 $365,800
2023 $4,211 $514,800 $149,000 $365,800
2022 $3,164 $514,800 $149,000 $365,800
2021 $3,149 $394,900 $140,000 $254,900
2020 $2,437 $394,900 $140,000 $254,900
2019 $2,431 $394,900 $140,000 $254,900
2018 $2,431 $394,900 $140,000 $254,900
2017 $2,213 $394,900 $140,000 $254,900
2016 $2,207 $394,900 $140,000 $254,900
2015 $2,213 $394,900 $140,000 $254,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108231

Outer Banks Association of REALTORS®

APN: 114E-000-0102-0000