Seller's Agent in 2023
Four Seasons Realty
Four Seasons Realty
(252) 261-6664
110 in this area
296 Total Sales
1216 Bismark Dr Corolla, NC 27927
Estimated Value: $1,229,000 - $1,415,000
8
Beds
8.5
Baths
4,203
Sq Ft
$314/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Heated In Ground Pool
- Coastal Architecture
- Ocean View
- Second Refrigerator
- Cathedral Ceiling
About This Home
As of March 2023LOCATION, LOCATION, LOCATION! Updated with Beach access directly down Bismark Drive! This spacious and updated 8 bedroom home is located in the private community of Ocean Hill in Corolla, just down the street from the 4x4 beaches where the wild horses roam and historic Corolla Village where you’ll find quaint shopping, the Currituck Lighthouse and Whalehead Club and park! With ample parking and all the top amenities---private heated pool and hot tub, elevator, game room and more--- this home is a comfortable beach getaway that also provides a GREAT INVESTMENT (143K in 2022 rental income) opportunity just steps from the beach. The nearby beach access just 8 houses down is a dream, with no steep steps leading you to the wide open beaches of Corolla! The reverse floor plan with the living, dining, and well-equipped kitchen on the top level boasts new furniture and is large enough for everyone to gather and offers great views outside from the wrap around decks. The home is tastefully decorated, all 8 bedrooms are masters with a private bath, and most have direct access to one of the many decks. Enjoy lots of great upgrades in recent years including new appliances, new interior paint, new decorative lighting, new heat pumps, new outdoor furniture, new TV’s, new carpet, new bedding and window treatments and a lot of new furniture throughout. If rented the full year, income potential is over $162K annually!
Last Agent to Sell the Property
Four Seasons Realty License #177785 Listed on: 01/27/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,483
Year Built
- Built in 2005
Lot Details
- Property fronts a private road
- Landscaped
- Level Lot
- Property is zoned SFO
HOA Fees
- $29 Monthly HOA Fees
Home Design
- Coastal Architecture
- Reverse Style Home
- Asphalt Shingled Roof
- Shake Siding
- Vinyl Construction Material
Interior Spaces
- 4,203 Sq Ft Home
- Elevator
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Entrance Foyer
- Game Room
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Microwave
- Second Refrigerator
- Dishwasher
- Wine Cooler
Flooring
- Carpet
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Dryer
- Washer
Parking
- Tuck Under Parking
- Paved Parking
- Off-Street Parking
Pool
- Heated In Ground 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
- Fuel Tank
- Private or Community Septic Tank
Listing and Financial Details
- Tax Lot 92
Community Details
Overview
- Association fees include road maintenance, walkways
- Village Realty Association
- Ocean Hill Subdivision
Recreation
- Community Beach Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 27, 2023
Closed on
Mar 27, 2023
Sold by
Butz James C and Butz Victoria M
Bought by
Edward Waffirecher Michael and Leigh Walbreeher Joanna
Seller's Agent
Four Seasons Realty
Four Seasons Realty
Buyer's Agent
Alan Creech
Outer Banks Realty Group
List Price
$1,295,000
Sold Price
$1,230,000
Premium/Discount to List
-$65,000
-5.02%
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,226
Avg. Annual Appreciation
2.59%
Original Mortgage
$732,000
Outstanding Balance
$708,946
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$612,280
Purchase Details
Listed on
Jul 10, 2020
Closed on
Sep 11, 2020
Sold by
Heou Thomas Kyungwook and Kim Young Ja
Bought by
Butz James C and Butz Victoria M
Seller's Agent
Daphne Degabrielle
Outer Banks Realty Group
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$849,900
Sold Price
$810,000
Premium/Discount to List
-$39,900
-4.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.03%
Original Mortgage
$510,400
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 30, 2015
Closed on
May 2, 2016
Sold by
Litton William B and Litton Diana
Bought by
Heou Thomas Kyungwook and Kim Yong Ja
Seller's Agent
Martha Springer
Twiddy and Company - Corolla
Buyer's Agent
Daphne Degabrielle
Outer Banks Realty Group
List Price
$775,000
Sold Price
$650,000
Premium/Discount to List
-$125,000
-16.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$417,000
Interest Rate
3.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 1, 2004
Bought by
Litton William B
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Edward Waffirecher Michael | $7,380,000 | -- | |
| Butz James C | $810,000 | None Available | |
| Heou Thomas Kyungwook | $650,000 | Attorney | |
| Litton William B | $550,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Edward Waffirecher Michael | $732,000 | |
| Previous Owner | Butz James C | $510,400 | |
| Previous Owner | Heou Thomas Kyungwook | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/27/2023 03/27/23 | Sold | $1,230,000 | -5.0% | $293 / Sq Ft | |
| 02/03/2023 02/03/23 | Pending | -- | -- | -- | |
| 01/27/2023 01/27/23 | For Sale | $1,295,000 | +59.9% | $308 / Sq Ft | |
| 09/17/2020 09/17/20 | Sold | $810,000 | -4.7% | $193 / Sq Ft | View Prior Sale |
| 08/26/2020 08/26/20 | For Sale | $849,900 | 0.0% | $202 / Sq Ft | |
| 08/01/2020 08/01/20 | Pending | -- | -- | -- | |
| 07/10/2020 07/10/20 | For Sale | $849,900 | +30.8% | $202 / Sq Ft | |
| 05/11/2016 05/11/16 | Sold | $650,000 | -16.1% | $167 / Sq Ft | View Prior Sale |
| 03/22/2016 03/22/16 | Pending | -- | -- | -- | |
| 09/30/2015 09/30/15 | For Sale | $775,000 | -- | $199 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $6,057 | $766,500 | $225,000 | $541,500 |
| 2024 | $6,041 | $766,500 | $225,000 | $541,500 |
| 2023 | $6,041 | $766,500 | $225,000 | $541,500 |
| 2022 | $4,483 | $766,500 | $225,000 | $541,500 |
| 2021 | $4,468 | $730,300 | $225,000 | $505,300 |
| 2020 | $4,274 | $730,300 | $225,000 | $505,300 |
| 2019 | $4,274 | $730,300 | $225,000 | $505,300 |
| 2018 | $4,274 | $730,300 | $225,000 | $505,300 |
| 2017 | $3,877 | $730,300 | $225,000 | $505,300 |
| 2016 | $3,889 | $730,300 | $225,000 | $505,300 |
| 2015 | $3,889 | $730,300 | $225,000 | $505,300 |
Source: Public Records
Agents Affiliated with this Home
-
Four Seasons Realty
-
Max Konstanzer
Seller Co-Listing Agent in 2023
Max Konstanzer
Four Seasons Realty
(252) 256-2607
47 in this area
86 Total Sales
-
Alan Creech
Buyer's Agent in 2023
Alan Creech
Outer Banks Realty Group
(252) 455-1420
2 in this area
40 Total Sales
-
Lauren Creech
L
Buyer Co-Listing Agent in 2023
Lauren Creech
Outer Banks Realty Group
(252) 455-1421
1 in this area
6 Total Sales
-
Daphne Degabrielle
Seller's Agent in 2020
Daphne Degabrielle
Outer Banks Realty Group
(252) 475-4147
17 in this area
48 Total Sales
-
Martha Springer
Seller's Agent in 2016
Martha Springer
Twiddy and Company - Corolla
(252) 982-6045
79 in this area
107 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 121285
APN: 114C-000-0092-0001
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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