Seller's Agent in 2019
Matt Myatt
Keller Williams - Outer Banks
(252) 207-6588
216 in this area
440 Total Sales
1248 Atlantic Ave Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $1,283,000 - $1,434,000
6
Beds
5.5
Baths
2,756
Sq Ft
$482/Sq Ft
Est. Value
Highlights
- Community Beach Access
- In Ground Pool
- Coastal Architecture
- Ocean Front
- Second Refrigerator
- Cathedral Ceiling
About This Home
As of January 2019Location, location, location! This semi-ocean front rental machine is just waiting for a potential investor. Ocean views, pool and hot tub, gorgeous hardwood floors, stainless appliances, cathedral ceilings, and an open reverse floor plan are just some of the things that this property offers your buyer. Multiple decks with views allow for sun or shade depending on the mood. Several rooms have private balconies to enjoy that morning cup of joe while watching the sun come up. Or have a big family dinner on the top level deck watching the sky change color at dusk. A large ground level rec room is the perfect spot for fun while still being close to the pool or hot tub. Plenty of space for family and friends, and a strong rental history are the icing on the cake. Move-in ready with new exterior paint- the work has already been done! Ocean views, easy beach access, functional layout with comfortable decor, spacious inside and out- this one won't last!
Last Agent to Sell the Property
Keller Williams - Outer Banks License #218707 Listed on: 07/07/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,815
Year Built
- Built in 2000
Lot Details
- 0.46 Acre Lot
- Lot Dimensions are 100x200
- Ocean Front
- Property fronts a private road
- Landscaped
- Level Lot
HOA Fees
- $24 Monthly HOA Fees
Home Design
- Coastal Architecture
- Reverse Style Home
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 2,756 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Game Room
- Ocean Views
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Ice Maker
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Dryer
- Washer
Parking
- Paved Parking
- Off-Street Parking
Pool
- In Ground Pool
- Fiberglass Pool
- Outdoor Pool
- Outdoor Shower
- Spa
Outdoor Features
- Sun Deck
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Private or Community Septic Tank
Listing and Financial Details
- Tax Lot #50
Community Details
Overview
- Association fees include road maintenance, walkways
- Ocean Hill Subdivision
Recreation
- Community Beach Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 7, 2018
Closed on
Jan 2, 2019
Sold by
Short Paul R and Short Belinda B
Bought by
Blue Water Strategy Group Llc
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Hunter Davis
Twiddy and Company - Corolla
List Price
$785,000
Sold Price
$775,000
Premium/Discount to List
-$10,000
-1.27%
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
$609,772
Avg. Annual Appreciation
8.47%
Original Mortgage
$300,000
Outstanding Balance
$267,364
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,060,075
Purchase Details
Closed on
Oct 13, 2009
Sold by
The Bank Of New York Mellon
Bought by
Short Paul R and Short Belinda B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 25, 2009
Sold by
Heuer Henry W and Heuer Robin P
Bought by
The Bank Of New York Mellon and The Bank Of New York
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.93%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Blue Water Strategy Group Llc | $775,000 | None Available | |
| Short Paul R | $712,500 | None Available | |
| The Bank Of New York Mellon | $963,516 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Blue Water Strategy Group Llc | $300,000 | |
| Previous Owner | Short Paul R | $415,000 | |
| Previous Owner | Short Paul R | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/02/2019 01/02/19 | Sold | $775,000 | -1.3% | $281 / Sq Ft |
| 11/07/2018 11/07/18 | Pending | -- | -- | -- |
| 07/07/2018 07/07/18 | For Sale | $785,000 | -- | $285 / 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 | $6,486 | $839,900 | $440,000 | $399,900 |
| 2023 | $6,486 | $839,900 | $440,000 | $399,900 |
| 2022 | $4,751 | $839,900 | $440,000 | $399,900 |
| 2021 | $4,733 | $736,600 | $400,000 | $336,600 |
| 2020 | $4,206 | $736,600 | $400,000 | $336,600 |
| 2019 | $4,203 | $736,600 | $400,000 | $336,600 |
| 2018 | $4,203 | $736,600 | $400,000 | $336,600 |
| 2017 | $3,815 | $736,600 | $400,000 | $336,600 |
| 2016 | $3,815 | $736,600 | $400,000 | $336,600 |
| 2015 | $3,815 | $736,600 | $400,000 | $336,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2019
Hunter Davis
Twiddy and Company - Corolla
(704) 936-6456
125 in this area
182 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 101169
APN: 114C-000-0050-0001
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Information is deemed reliable but not guaranteed.
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