Seller's Agent in 2023
Eddie Kavanaugh
Keller Williams - Outer Banks
(252) 453-0797
65 in this area
76 Total Sales
1231 Atlantic Ave Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $2,274,000 - $3,049,020
7
Beds
5.5
Baths
5,112
Sq Ft
$527/Sq Ft
Est. Value
Highlights
- Beach Front
- Ocean View
- Second Refrigerator
- Community Beach Access
- In Ground Pool
- Contemporary Architecture
About This Home
As of September 20236/6 PRICE REDUCTION OF $150k!! This home sits on one of the highest lots in Ocean Hill giving Spectacular Ocean Views from the living room, kitchen, dining room and screened porch all on the east side of the house, making this home a winner! Beautiful open beach, one of the least crowded beaches in Corolla! Complimenting the unique architectural interests of the home are wood accented ceilings on the top level and wainscoted walls, which are finished a light beach stain. The gourmet kitchen is well thought out with plenty of counter & storage space. Enjoy breakfast with a sunrise on the screened porch. A large dining area with double-sided gas fireplace is flanked by gorgeous windows. The spacious, yet comfy living room offers those amazing views. The deck wraps from the east to the south for ultimate sunshine. The primary and large bedroom with en-suite is on the top level. And there is another bedroom on the this level. An added bonus are views of the Currituck Lighthouse from both the south and west decks. Take the elevator down to the mid top level where you will find 3 en-suite bedrooms with great ocean views and access to the oceanside deck. One of these en suite bedrooms is wheelchair friendly There are another 2 bedrooms which share a bath. The private, ramped walkway is joined on the mid level cabana with 2 private showers, dressing area and loo. The pool is a 50' salt water lap pool. Solid rentals year after year. This truly is a great home! Check it out!! 2 new HVAC units in August 2020 & AES Air Scrubber whole home air purifier. High quality built ( 6" walls & round pilings ) by renowned Pete Hunter. Composite decking, no nail pops or splinters. Recently replaced with 83 galvanized support clips and bolts under NE decks Pool liner replaced in 2018. **North ground level OLU could easily be converted to a rec room, or 8th bedroom, with proper permits and added septic.
Last Agent to Sell the Property
Keller Williams - Outer Banks License #126307 Listed on: 11/08/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,954
Year Built
- Built in 1996
Lot Details
- Lot Dimensions are 100 x 350
- Beach Front
- 100 Feet of Waterfront
- Property fronts a private road
- Landscaped
- Property is zoned SFO
HOA Fees
- $63 Monthly HOA Fees
Parking
- Tuck Under Parking
Home Design
- Contemporary Architecture
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 5,112 Sq Ft Home
- Elevator
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Entrance Foyer
- Screened Porch
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Ice Maker
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Dryer
- Washer
Accessible Home Design
- Handicap Accessible
Pool
- In Ground Pool
- Outdoor Pool
- Saltwater Pool
- Vinyl Pool
- Outdoor Shower
- Spa
Outdoor Features
- Sun Deck
- Covered Deck
- Patio
- Exterior Lighting
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 29
Community Details
Overview
- Association fees include road maintenance, walkways
- Patty Morrison 252 248 3061 Association
- Built by Pete Hunter
- Ocean Hill Subdivision
Recreation
- Community Boardwalk
- Community Beach Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2022
Closed on
Oct 6, 2023
Sold by
Choudhry Atif and Choudhry Ammara
Bought by
Muqeet Inc
Seller's Agent
Eddie Kavanaugh
Keller Williams - Outer Banks
Buyer's Agent
Kelli Hobbs
Howard Hanna William E. Wood - Currituck
List Price
$2,795,000
Sold Price
$2,470,000
Premium/Discount to List
-$325,000
-11.63%
Views
359
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
$221,755
Avg. Annual Appreciation
4.28%
Original Mortgage
$1,976,000
Interest Rate
6.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 8, 2022
Closed on
Aug 25, 2023
Sold by
Magic Hour Llc
Bought by
Atif Choudiery and Atif Ammara Muddesser
Seller's Agent
Eddie Kavanaugh
Keller Williams - Outer Banks
Buyer's Agent
Kelli Hobbs
Howard Hanna William E. Wood - Currituck
List Price
$2,795,000
Sold Price
$2,470,000
Premium/Discount to List
-$325,000
-11.63%
Views
359
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,976,000
Interest Rate
6.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 1, 2020
Closed on
Jan 29, 2021
Sold by
Sea Schak Llc
Bought by
Huber William S and Hilt Huber
Seller's Agent
Eddie Kavanaugh
Keller Williams - Outer Banks
Buyer's Agent
Denise Graham
Keller Williams - Outer Banks
List Price
$2,150,000
Sold Price
$2,170,000
Premium/Discount to List
$20,000
0.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Purchase Details
Closed on
Aug 28, 2017
Sold by
Chakroff Richard O
Bought by
Sea Schak Llc
Purchase Details
Closed on
Mar 17, 1994
Bought by
Chakroff Richard and Middleton Barbara
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Muqeet Inc | -- | None Listed On Document | |
| Muqeet Inc | -- | None Listed On Document | |
| Atif Choudiery | $2,470,000 | None Listed On Document | |
| Huber William S | $2,170,000 | None Listed On Document | |
| Sea Schak Llc | -- | Attorney | |
| Chakroff Richard | $270,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Atif Choudiery | $1,976,000 | |
| Closed | Huber William S | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2023 09/15/23 | Sold | $2,470,000 | -3.1% | $483 / Sq Ft |
| 06/27/2023 06/27/23 | Pending | -- | -- | -- |
| 06/06/2023 06/06/23 | Price Changed | $2,548,000 | -5.6% | $498 / Sq Ft |
| 04/03/2023 04/03/23 | Price Changed | $2,698,000 | -3.5% | $528 / Sq Ft |
| 11/08/2022 11/08/22 | For Sale | $2,795,000 | +28.8% | $547 / Sq Ft |
| 02/12/2021 02/12/21 | Sold | $2,170,000 | -9.5% | $424 / Sq Ft |
| 12/10/2020 12/10/20 | Pending | -- | -- | -- |
| 12/02/2020 12/02/20 | Price Changed | $2,399,000 | -2.0% | $469 / Sq Ft |
| 09/02/2020 09/02/20 | Price Changed | $2,449,000 | +4.3% | $479 / Sq Ft |
| 07/27/2020 07/27/20 | Price Changed | $2,349,000 | +9.3% | $460 / Sq Ft |
| 07/01/2020 07/01/20 | For Sale | $2,150,000 | -- | $421 / 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 |
|---|---|---|---|---|
| 2024 | $12,134 | $1,630,400 | $904,400 | $726,000 |
| 2023 | $12,134 | $1,630,400 | $904,400 | $726,000 |
| 2022 | $8,955 | $1,630,400 | $904,400 | $726,000 |
| 2021 | $8,940 | $1,672,500 | $1,071,000 | $601,500 |
| 2020 | $9,294 | $1,672,500 | $1,071,000 | $601,500 |
| 2019 | $9,294 | $1,672,500 | $1,071,000 | $601,500 |
| 2018 | $0 | $1,672,500 | $1,071,000 | $601,500 |
| 2017 | $8,422 | $1,672,500 | $1,071,000 | $601,500 |
| 2016 | $8,437 | $1,672,500 | $1,071,000 | $601,500 |
| 2015 | -- | $1,672,500 | $1,071,000 | $601,500 |
Source: Public Records
Agents Affiliated with this Home
-
Eddie Kavanaugh
-
Denise Graham
Seller Co-Listing Agent in 2023
Denise Graham
Keller Williams - Outer Banks
(252) 202-2173
65 in this area
76 Total Sales
-
Kelli Hobbs
Buyer's Agent in 2023
Kelli Hobbs
Howard Hanna William E. Wood - Currituck
(757) 532-2115
5 in this area
23 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 120769
APN: 114C-000-0029-0001
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