NOT LISTED FOR SALE

1217 Atlantic Ave Corolla, NC 27927

Corolla Area

Estimated Value: $1,719,000 - $2,762,000

6 Beds
7 Baths
4,316 Sq Ft
$548/Sq Ft Est. Value

Sale Details

Date Sold: February 12, 2020

Last sale price $1,550,000 $359 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $13,811 / mo

245 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • In Ground Pool
  • Knotts Island Elementary School Rated 9+
  • Ocean View
  • 0.78 Acre Lot

About This Home

As of February 2020

Solid income producer, this spectacular oceanfront home graces the northern Corolla beaches! Tucked away in the lovely Ocean Hill community, this is beach living at its best! Beautiful ocean views from every room on the mid and top levels! A very spacious three level, six bedroom home with three separate living areas offers plenty of room for family and guests. The main living area on the top floor boasts a gorgeous brand new custom kitchen with quartz counter tops, stainless appliances, beautiful cabinetry built by Cozy Kitchens, and an oceanfront counter with seating to enjoy the views! Gather with friends around the large dining table, and enjoy the comforts offered in the roomy living area with built in shelving, oversized tv for the big games, and a cozy gas fireplace. High ceilings and lots of windows capture the natural light. The upstairs also offers two large master suites and a bright second sitting area/office. The middle floor has a large den with wet bar and is central to four roomy bedrooms, and is a great spot for lounging, reading, and game playing! Two of the bedrooms on this level are master suites. All six bedrooms have an ocean view and a sliding door to an oceanfront deck! The ground floor is an exceptional game room. Play a great game of pool, try your hand at poker, or relax in comfort on the big comfy couch! A kitchenette with full refrigerator, microwave and dishwasher accommodates this floor and is great for supplying the pool and outdoor areas! Multiple large closets and storage areas work well for second home owners providing secure space for owner storage. And decks! Two levels of decks offer great outdoor living spaces to enjoy the beautiful Atlantic ocean vistas! Put this oceanfront home on your MUST SEE list! Well enjoyed by owners and guests, the numbers work! Current rental figures reflect much owner usage.

Last Agent to Sell the Property

Lauren Nelson

Keller Williams Outer Banks KDH License #212651 Listed on: 04/17/2019

Keller Williams Outer Banks KDH

Last Buyer's Agent

Robert Ladd

Twiddy and Co. - Duck License #64016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,617

Year Built

  • Built in 1995

Lot Details

  • 34,000 Sq Ft Lot
  • Beach Front

HOA Fees

  • $24 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Cottage
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 4,316 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Wine Cooler

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Shower
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Storage Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot lot 22

Community Details

Overview

  • Scott Henry Association
  • Ocean Hill Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,617

Year Built

Built in 1995

Lot Details

0.78 Acres

HOA Fees

$24 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal, Cottage
  • Directions: EAST ON CORAL LANE, LEFT ON ATLANTIC, HOUSE ON RIGHT
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Shower, Smoke Detector(s), Storage Shed, Sun Deck, Inside Laundry Room
  • Flood Zone: X
  • Headline: Gorgeous Corolla Oceanfront!
  • Heated Sq Ft: 4316
  • L V T Date: 04/17/2019
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 939
  • 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, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
  • Bedrooms: 6
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection
  • Optional Rooms: Foyer, Game Room, Utility Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 290
  • Hoa Contact: SCOTT HENRY
  • HOA Contact: OCEANHILL.ORG
  • Home Owner Dwelling Insurance: 4732

Lot Info

  • Estimated Lot Sq Ft: 34000
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: lot 22
  • Estimated Lot Size: 0.78
  • Deed Book: 1315

Rental Info

  • Est Annual Rental Income: 155770
  • Estimated Rental Performance: 0.1005
  • Flood Expenses: 2310
  • Lease Terms: Weekly
  • Maintenance Expenses: 2166
  • Other Expenses: 240
  • Other Expenses2: 2028
  • Poolspa Expense: 5095
  • Rental Co: Vacasa - North
  • Rental Cottage Name: SEVEN BUOYS
  • Rental Cottage Number: OH6
  • Rental Turnover Day: FRIDAY
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 2484
  • Annual Electric: 6043
  • Annual Telephone Expense: 800
  • Annual Water Expense: 1329
  • Rental Contact Phone: 866-453-9660

Building Info

  • Year Built: 1995

Tax Info

  • Year: 2018
  • Taxes: 8617

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Feb 11, 2020
Sold by
Bought by
Seller's Agent
Lauren Nelson
Keller Williams Outer Banks KDH
Buyer's Agent
Robert Ladd
Twiddy and Co. - Duck
List Price
$1,699,000
Sold Price
$1,550,000
Premium/Discount to List
-$149,000
-8.77%
Current Estimated Value
$2,363,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$813,592
Avg. Annual Appreciation
6.80%
Original Mortgage
$77,500
Interest Rate
0.0372%
Mortgage Type
Unknown

Purchase Details

Listed on
Oct 21, 2014
Closed on
Jan 19, 2015
Sold by
Bought by
Seller's Agent
Denise Graham
Keller Williams Outer Banks KDH
Buyer's Agent
Lauren Nelson
Keller Williams Outer Banks KDH
List Price
$1,630,000
Sold Price
$1,500,000
Premium/Discount to List
-$130,000
-7.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.66%
Original Mortgage
$1,200,000
Interest Rate
0.035%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,550,000 None Available
$1,500,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $750,000
Closed $77,500
Open $1,240,000
Previous Owner $1,200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2020 02/12/20 Sold $1,550,000 -8.8% $359 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $1,699,000 +13.3% $394 / Sq Ft
02/04/2015 02/04/15 Sold $1,500,000 -8.0% $354 / Sq Ft View Prior Sale
12/13/2014 12/13/14 Pending -- -- --
10/21/2014 10/21/14 For Sale $1,630,000 -- $385 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,357 $1,524,700 $949,600 $575,100
2024 $11,357 $1,524,700 $949,600 $575,100
2023 $11,361 $1,477,000 $949,600 $527,400
2022 $8,103 $1,477,000 $949,600 $527,400
2021 $8,102 $1,551,500 $1,068,300 $483,200
2020 $8,621 $1,551,500 $1,068,300 $483,200
2019 $8,621 $1,551,500 $1,068,300 $483,200
2018 $8,618 $1,543,200 $1,068,300 $474,900
2017 $7,781 $1,543,200 $1,068,300 $474,900
2016 $7,770 $1,543,200 $1,068,300 $474,900
2015 $7,688 $1,543,200 $1,068,300 $474,900
Source: Public Records

Agents Affiliated with this Home

  • Lauren Nelson

    Seller's Agent in 2020

    Lauren Nelson

    Keller Williams Outer Banks KDH

    (252) 207-6504

    48 Total Sales

    Lauren Nelson
    Section Image
  • Robert Ladd

    Buyer's Agent in 2020

    Robert Ladd

    Twiddy and Co. - Duck

    (252) 202-8311

    43 Total Sales

    Robert Ladd
    Section Image
  • Denise Graham

    Seller's Agent in 2015

    Denise Graham

    Keller Williams Outer Banks KDH

    (252) 202-2173

    53 Total Sales

    Denise Graham
    Section Image
  • Eddie Kavanaugh

    Seller Co-Listing Agent in 2015

    Eddie Kavanaugh

    Keller Williams Outer Banks KDH

    (252) 453-0797

    56 Total Sales

    Eddie Kavanaugh
    Section Image

  • S

    Buyer Co-Listing Agent in 2015

    Steve Clarke

    Default, Office

See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 104763

Outer Banks Association of REALTORS®

APN: 114C-000-0022-0001

North Carolina Currituck County Corolla 27927

1217 Atlantic Ave, Corolla, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® 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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