NOT LISTED FOR SALE

1219 Atlantic Ave Corolla, NC 27927

Estimated Value: $1,917,000 - $2,818,000

7 Beds
6.5 Baths
4,645 Sq Ft
$511/Sq Ft Est. Value

Sale Details

Date Sold: February 11, 2019

Last sale price $1,375,000 $296 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $13,963 / mo

1006 Days on Market

Highlights

  • Beach Front
  • Concrete Pool
  • Cathedral Ceiling
  • Ocean View
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of February 2019

Seagate offers a rare opportunity to own a custom oceanfront home with architectural flair, generous spaces and exceptional rental income. This home achieved $183,850 in rent in 2018! Sited on a 100 foot wide lot and framed by manicured landscaping, Seagate offers an escape to a world of sweeping ocean views, soothing sea breezes and the sound of gentle waves washing on a wide, white-sand beach. The master with ocean views on 3 sides is stunning! The open living area features walls of windows, cathedral ceilings and hardwood floors and offers plenty of room for entertaining. The large kitchen features ample prep spaces, multiple appliances, and solid surface counters. Decks wrap the house and provide plenty of access from every room! The private pool is elevated and features ocean views. Enjoy an outdoor lounge on the ground level that is a guest favorite with ping pong and a large flat screen. 2018 Prime weekly rate is $12,800.

Last Agent to Sell the Property

Gray Berryman

Carolina Designs Realty License #214315 Listed on: 04/01/2016

Last Buyer's Agent

Joanne Kepler

Beach Realty & Construction- Corolla License #190335

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,364

Year Built

  • Built in 1992

Lot Details

  • Beach Front
  • 100 Feet of Waterfront
  • Property fronts a private road
  • Landscaped
  • Sprinkler System
  • Property is zoned RO1

HOA Fees

  • $23 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,645 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Window Treatments
  • Ocean Views

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Ice Maker
  • Second Dishwasher
  • Corian Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • Concrete Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot 23

Community Details

Overview

  • Built by Pete Hunter
  • Ocean Hill Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,364

Year Built

Built in 1992

Lot Details

0.8 Acres

HOA Fees

$23 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Extras: Beach Access, Boardwalk to Beach, Landscaped, Lawn Sprinklers, Outside Shower, Patio, Sun Deck
  • Flood Zone: X
  • Headline: Outstanding Actual Income!
  • Heated Sq Ft: 4645
  • L V T Date: 04/01/2016
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Oceanfront
  • Zoning: RO1
  • Deed Book Pg Number: 779
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: No
  • Newpoint Media: Yes
  • Office License Number: C6124
  • Outer Banks Software: Yes
  • Terradatum Inc: No
  • W And R Studios: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher
  • Bedrooms: 7
  • Countertops: Corian, Solid Surface
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Wood Fireplace
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Pete Hunter
  • Construction: Frame
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Concrete, Private Pool
  • Street Frontage: 100
  • View: Ocean
  • Water Frontage: 100

Garage/Parking

  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 280

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot 23
  • Deed Book: 773

Rental Info

  • Est Annual Rental Income: 183850
  • Estimated Rental Performance: 0.1337
  • Lease Terms: Weekly
  • Other Expenses: 1
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Seagate
  • Rental Cottage Number: NO 23
  • Rental Phone Number: 457 1190
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1992

Tax Info

  • Year: 2018
  • Taxes: 9363.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Feb 8, 2019
Sold by
Scher William B and Scher Ellen Macneil
Bought by
Whyte Chadford J and Whyte Amy E
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Joanne Kepler
Beach Realty & Construction- Corolla
List Price
$1,549,000
Sold Price
$1,375,000
Premium/Discount to List
-$174,000
-11.23%
Current Estimated Value
$2,395,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,020,984
Avg. Annual Appreciation
7.74%
Original Mortgage
$1,047,000
Outstanding Balance
$899,210
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,472,393

Purchase Details

Closed on
May 28, 2004
Bought by
Scher William B and Ellen Macneil, C
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
Whyte Chadford J $1,375,000 None Available
Scher William B $2,125,000 --
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 Whyte Chadford J $1,047,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2019 02/11/19 Sold $1,375,000 -8.3% $296 / Sq Ft
01/02/2019 01/02/19 Pending -- -- --
11/02/2018 11/02/18 Price Changed $1,499,000 -3.2% $323 / Sq Ft
05/31/2018 05/31/18 For Sale $1,549,000 0.0% $333 / Sq Ft
05/31/2018 05/31/18 Price Changed $1,549,000 +12.7% $333 / Sq Ft
05/31/2018 05/31/18 Off Market $1,375,000 -- --
01/30/2018 01/30/18 Price Changed $1,599,000 -4.8% $344 / Sq Ft
09/15/2017 09/15/17 Price Changed $1,679,000 -4.0% $361 / Sq Ft
08/02/2017 08/02/17 Price Changed $1,749,000 -2.8% $377 / Sq Ft
04/01/2016 04/01/16 For Sale $1,799,000 -- $387 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $11,381 $1,522,800 $904,400 $618,400
2024 $11,381 $1,522,800 $904,400 $618,400
2023 $11,365 $1,522,800 $904,400 $618,400
2022 $8,376 $1,522,800 $904,400 $618,400
2021 $8,361 $1,682,200 $1,071,000 $611,200
2020 $9,364 $1,682,200 $1,071,000 $611,200
2019 $9,348 $1,682,200 $1,071,000 $611,200
2018 $9,348 $1,682,200 $1,071,000 $611,200
2017 $8,486 $1,682,200 $1,071,000 $611,200
2016 $8,486 $1,682,200 $1,071,000 $611,200
2015 -- $1,673,500 $1,071,000 $602,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 91801

Outer Banks Association of REALTORS®

APN: 114C-000-0023-0001

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