NOT LISTED FOR SALE

1251 Lakeside Ct Corolla, NC 27927

Estimated Value: $897,000 - $1,092,000

6 Beds
5.5 Baths
3,063 Sq Ft
$318/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $885,000 $289 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,665/month

37 Days on Market

Highlights

  • Community Beach Access
  • Coastal Architecture
  • Corner Lot
  • In Ground Pool
  • Cathedral Ceiling
  • Furnished

About This Home

As of August 2023

Beautiful and Relaxing. Well Appointed w Showplace Style & Decor. Beach Vacationers Love this Setting with Private Swimming Pool, Hot Tub, Rec Room w Billiards, plus Six Bedrooms. Next to Pool & Hot Tub areas, the Rec Room Kitchenette with Full Size Fridge, keeps those refreshments within easy reach. The wrap-around Porch is another luxury. The Guests will enjoy the Community Amenities: Oceanfront Pool & Beach Access & Restrooms, Soundside Lake w expansive decking capturing waterfront vistas along the Lake; Soundside Pool & Sun Decks; Fitness Center; Tennis, Pickleball, Basketball, Volleyball Sand Courts; Playground, and the wonderful Beach of Corolla. This Beach Home radiates loving care and shows well. Architecturally designed by Florez & Florez as “The Chesapeake”. The Great Room living areas are the upscale Kitchen with granite countertops, spacious Dining and Living area. Conveniently located on the same level as the Living Areas is one Bedroom ensuite. Six Bedrooms with Five Full Baths and one half Bath offers ample accommodations for your fun gatherings at the Beach. The house is also well suited for turn key rentals with a fully stocked kitchen and upgraded kitchen appliances. 8 televisions in bedrooms and common areas. Kitchen w granite countertops & backsplashes, two dishwashers; wine cooler. This Beach Home backs up to common property nature trail with Loblolly pines and Pin oaks ensuring privacy. Plus close walking distance to fitness center, pickle ball, tennis, volleyball, and basketball. Just 2000 feet from the surf of the Atlantic Ocean. And across from a lake with good bass fishing.

Last Agent to Sell the Property

Paul Sabadash

Sun Realty - Corolla License #119788 Listed on: 05/26/2023

Last Buyer's Agent

Alex Miller-Saunders

Saltwater Realty OBX License #301424

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,077

Year Built

  • Built in 2003

Lot Details

  • Property fronts a private road
  • Landscaped
  • Corner Lot
  • Level Lot
  • Property is zoned SFO PUD

HOA Fees

  • $178 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,063 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Screened Porch

Kitchen

  • Oven or Range
  • Microwave
  • Second Dishwasher
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Carpet
  • 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
  • Spa
  • Outdoor Shower

Utilities

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

Listing and Financial Details

  • Tax Lot 35

Community Details

Overview

  • Association fees include common insurance, pool, road maintenance, tennis courts
  • Villages Ocean Hill Site Mgr Association, Phone Number (252) 453-0162
  • Villages At Ocean Hill Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,077

Year Built

Built in 2003

Lot Details

0

HOA Fees

$178 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: On NC Rt 12 North of the Lighthouse, past Corolla Village Convenience Store & Citgo Station, straight ahead, you will enter The Village at Ocean Hill Community. Next Left onto Ocean Hill Blvd, then past Tennis Courts, etc., then Right on Lakeside Drive, then 3rd Right onto Lakeside Court ... 1251 on North Corner.
  • Extras: Beach Access, Ceiling Fan(s), Hot Tub, Landscaped, Outside Shower, Screened Porch, Dry Entry
  • Flood Zone: X
  • Headline: Show Any Day, Any Time w Appt.
  • Heated Sq Ft: 3063
  • L V T Date: 05/26/2023
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: SFO PUD
  • Deed Book Pg Number: 099
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3211
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Dishwasher
  • Bedrooms: 6
  • Countertops: Granite, Laminate, Solid Surface
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Washer Connection
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Electric, Forced Air, Heat Pump, Zoned
  • Fuel Tanks: Leased
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Pool, Road Maintenance, Tennis Courts
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 2141
  • Hoa Contact: Villages Ocean Hill Site Mgr
  • HOA Contact: 252-453-0162

Lot Info

  • Lot Description: Corner, Level
  • Lot Number: Lot 35
  • Deed Book: 517

Rental Info

  • Est Annual Rental Income: 82789
  • Estimated Rental Performance: 0.0935

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2023
  • Taxes: 4076.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Aug 11, 2023
Sold by
Lutton Thomas Joseph and Lutton Maryelizabeth
Bought by
Lawrence Kelly Michael
Seller's Agent
Paul Sabadash
Sun Realty - Corolla
Buyer's Agent
Alex Miller-Saunders
Saltwater Realty OBX
List Price
$920,000
Sold Price
$885,000
Premium/Discount to List
-$35,000
-3.8%
Views
64
Current Estimated Value
$976,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,117
Avg. Annual Appreciation
4.02%
Original Mortgage
$619,500
Outstanding Balance
$603,880
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$370,034

Purchase Details

Closed on
Feb 28, 2001
Bought by
Lutton Thomas J and Lutton Maryelizabeth
Source: Public Records
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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
Lawrence Kelly Michael $5,310,000 None Listed On Document
Lawrence Kelly Michael $5,310,000 None Listed On Document
Lutton Thomas J $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Kelly Michael $619,500
Closed Lawrence Kelly Michael $619,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2023 08/10/23 Sold $885,000 -3.8% $289 / Sq Ft
07/02/2023 07/02/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $920,000 -- $300 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $4,593 $587,200 $85,000 $502,200
2024 $4,593 $587,200 $85,000 $502,200
2023 $4,577 $587,200 $85,000 $502,200
2022 $3,431 $587,200 $85,000 $502,200
2021 $3,416 $495,500 $90,000 $405,500
2020 $2,939 $495,500 $90,000 $405,500
2019 $2,949 $495,500 $90,000 $405,500
2018 $2,956 $495,500 $90,000 $405,500
2017 $2,682 $495,500 $90,000 $405,500
2016 $2,689 $495,500 $90,000 $405,500
2015 $2,687 $495,500 $90,000 $405,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 122366

Outer Banks Association of REALTORS®

APN: 114E-000-0035-0000