NOT LISTED FOR SALE

1247 Atlantic Ave Corolla, NC 27927

Estimated Value: $1,906,000 - $2,737,000

5 Beds
5 Baths
4,500-4,999 Sq Ft
$487/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $2,125,000 $425 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $13,457/month

204 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • 0.8 Acre Lot
  • Beach Access
  • Oceanside
  • Deck

About This Home

As of April 2023

Unique Oceanfront Estate with Magnificent Ocean Views. This Craftsman-Style Cottage is situated on a Large 28,000 Sq Ft Lot and in an X Flood Zone! Custom architectural woodwork, including antique heart Pine wood floors, is found throughout & Designed to capture views of the Atlantic Ocean. Step into the impressive 3-story Foyer with custom Juniper wood ceilings, plantation shutters, & showcasing wide custom wood stairs with Fir handrails, that lead to an open floor plan. The great room offers 2 stories of soaring windows with ocean views, Cypress wood cathedral ceilings and an impressive stone, gas fireplace, with an oceanside catwalk -- a rare feature -- that leads to an oceanside balcony. Gaze at the ocean from the gourmet kitchen with large kitchen island and Oak floors, gas countertop range, plantation shutters, and beautiful Spanish tile. You will also find custom cabinetry and bar for entertaining guests. Enter the massive Master Suite through arched doorways, offering an ocean-view sitting area. The impressive Master Bathroom features a clawfoot tub, double vanity, & a spacious tiled, glass shower with a teak bench, cedar lined closets, and Bidet. All of the other bedrooms and bathrooms are spacious, with large closets and room for expansion. Relax & enjoy the Ocean breeze from your Private Pool (Installed 2018), Hot Tub (2018), Covered Decks, and Personal Beach Boardwalk (recently remodeled). Notable features include a Ship's Watch on the 4th floor, with private balcony and rooftop deck, offering spectacular ocean views, plantation shutters that are found throughout the home, custom woodwork, arched doors, and an oversized garage/workshop, that could be made into a Game Room. Located in the desirable Ocean Hill subdivision. This home is lightly used & it shows. Did I mention, it is SOLD FURNISHED!!!
New Trane HVACs Installed 2019 & 2022. New Septic System 2017. New Anderson windows, new gas fireplace, & exterior painted in 2022.

Last Agent to Sell the Property

Pamela Howard

Coastal Shores Realty Group License #274371 Listed on: 01/24/2023

Last Buyer's Agent

Sally Seller

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,800

Year Built

  • Built in 1989

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 100 x 285
  • Ocean Front
  • Property is Fully Fenced
  • Front Yard
  • Property is zoned sfo

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 2 Attached Carport Spaces

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Architectural Shingle Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 4,500-4,999 Sq Ft Home
  • 4-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Formal Dining Room
  • Sun or Florida Room
  • Utility Room
  • Attic

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Deeded access to the beach
  • Oceanside
  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • J.P. Knapp Early College High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 114c00000370001

Community Details

Overview

  • Ocean Hill/114C Subdivision

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,800

Year Built

Built in 1989

Lot Details

0.8 Acres

HOA Fees

$29 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Property Sub Type: Single Family Residence
  • Appliances: Gas Cooktop, Electric Oven, Down Draft, Built-In Microwave, Washer, Refrigerator, Dryer, Disposal, Dishwasher
  • Original List Price: 2400000.00
  • Accessibility Features: None
  • Unit Levels: Three Or More
  • Living Area: 4702.00
  • Is New Construction?: No
  • Island Or Mainland: Island
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: No
  • List Price Per Sqft: 510.42
  • Special Features: None

Interior Features

  • Dining Room Type: Formal, Kitchen
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Walk-in Closet(s), Vaulted Ceiling(s), High Ceilings, Solid Surface, Wash/Dry Connect, Ceiling Fan(s), Reverse Floor Plan, Gas Log, Walk-In Closet(s)
  • Master Bedroom Level: Non Primary Living Area
  • Stories: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log
  • Has Fireplace?: Yes
  • Total Bedrooms: 16
  • Room Types: Master Bedroom, Great Room, Sunroom, Dining Room, Dining Area, Utility Room
  • Window Features: Storm Window(s)
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 3.20
  • Attic Features: Access Only
  • Living Area Range: 4500 - 4999

Exterior Features

  • Exterior Features: Outdoor Shower, Gas Log, Storm Doors
  • Exterior Finish: Wood Siding
  • Fencing: Full, Front Yard
  • Roof: Architectural Shingle
  • Road Frontage Type: Oceanfront
  • Pool Features: In Ground
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
  • Waterfront Features: Deeded Beach Access
  • Waterfront?: Yes
  • Foundation Details: Other, Slab, Pilings
  • Patio And Porch Features: Covered, Deck, Balcony
  • Pool Spa Features: Hot Tub, In Ground

Garage/Parking

  • Has Attached Garage?: No
  • Carport Spaces: 2.00
  • Garaged Spaces: 1.00
  • Parking Features: Concrete
  • Total Parking Spaces: 1.00
  • Attached Carport Spaces: 2.00
  • Attached Garage Spaces: 1.00

Utilities

  • Utilities: Water Available
  • Water Heater: Electric
  • Heating System Fuel Source: Electric
  • Trash Collection: City Pick-UP
  • Water Source: Public
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Fireplace(s), Electric
  • Heating Yn: Yes
  • Sewer Provider: Septic Tank
  • Fuel Tank Owned Or Leased: Leased
  • Electric Provider: Dominion Energy
  • Fuel Tank Above Or Below Ground: Above Ground
  • Fuel Tank Fuel Type: Propane

Condo/Co-op/Association

  • Association Amenities: Waterfront Community, Management
  • Association Fees: 343.92
  • Has H O A?: Yes
  • Association Management Company Phone: oceanhill@vrobx.com
  • Association Management Company: Ocean Hill

Schools

  • Zoned High School: J.P. Knapp Early College

Lot Info

  • Deed Book: 1423
  • Deed Page: 528.00
  • Lot Number: 37
  • Zoning: sfo
  • Lot Features: Front Yard, Deeded Beach Access, Ocean Side
  • Lot Size Acres: 0.8
  • Lot Size: 100 X 285
  • Lot Size Sq Ft: 34848.00
  • Purchase Contract Date: 2023-02-21
  • Parcel#: 114c00000370001
  • Cobra Zone Y N: No
  • Federal Flood Insurance Available Y N: No
  • Permitted Use: Public

Tax Info

  • Tax Year: 2022
  • Tax Book Number: A
  • Tax Map Number: 136
  • Tax Other Assessment Amount Frequency: No
  • Tax Amount: 7800.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2024
Sold by
Howard David
Bought by
Dozier Lawrence Jonathan
Current Estimated Value
$2,433,998

Purchase Details

Listed on
Jan 24, 2023
Closed on
Apr 6, 2023
Sold by
Schweppe Michael W and Schweppe Elizabeth L
Bought by
Howard David
Seller's Agent
Pamela Howard
Coastal Shores Realty Group
Buyer's Agent
Sally Seller
Non Member Office
List Price
$2,400,000
Sold Price
$2,125,000
Premium/Discount to List
-$275,000
-11.46%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$1,912,500
Interest Rate
5.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2017
Closed on
Sep 27, 2017
Sold by
Feaster Janet K and Feaster Marshall M
Bought by
Schweppe Michael W and Schweppe Elizabeth L
Seller's Agent
Ronald Barrett
Brindley Beach Vacations & Sales - Cor
Buyer's Agent
Pamela Howard
Coastal Shores Realty Group
List Price
$1,485,000
Sold Price
$1,400,000
Premium/Discount to List
-$85,000
-5.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$1,120,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 15, 2006
Sold by
Feaster Marshall M and Feaster Jane K
Bought by
Feaster Jane K
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

Date Buyer Sale Price Title Company
Dozier Lawrence Jonathan $2,600,000 None Listed On Document
Howard David $12,750,000 None Listed On Document
Schweppe Michael W $1,400,000 Attorney
Feaster Jane K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Howard David $1,912,500
Previous Owner Schweppe Michael W $1,120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2023 04/06/23 Sold $2,125,000 -11.5% $472 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $2,400,000 0.0% $533 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
01/16/2023 01/16/23 Price Changed $2,400,000 -5.9% $533 / Sq Ft
11/18/2022 11/18/22 Price Changed $2,550,000 -4.7% $567 / Sq Ft
10/14/2022 10/14/22 Price Changed $2,675,000 -0.9% $594 / Sq Ft
08/31/2022 08/31/22 Price Changed $2,699,000 -1.9% $600 / Sq Ft
07/31/2022 07/31/22 For Sale $2,750,000 +29.4% $611 / Sq Ft
07/25/2022 07/25/22 Off Market $2,125,000 -- --
10/27/2017 10/27/17 Sold $1,400,000 -5.7% $290 / Sq Ft View Prior Sale
09/15/2017 09/15/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $1,485,000 -- $308 / Sq Ft
Source: Hive MLS

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 $11,122 $1,519,900 $904,400 $615,500
2024 $11,122 $1,519,900 $904,400 $615,500
2023 $11,106 $1,488,900 $904,400 $584,500
2022 $7,800 $1,444,000 $904,400 $539,600
2021 $7,785 $1,590,200 $1,071,000 $519,200
2020 $8,698 $1,590,200 $1,071,000 $519,200
2019 $8,836 $1,578,700 $1,071,000 $507,700
2018 $8,772 $1,578,700 $1,071,000 $507,700
2017 $7,828 $1,578,700 $1,071,000 $507,700
2016 $7,828 $1,578,700 $1,071,000 $507,700
2015 $7,828 $1,578,700 $1,071,000 $507,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 8108318

Hive MLS

APN: 114C-000-0037-0001

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