NOT LISTED FOR SALE

1253 Atlantic Ave Corolla, NC 27927

Corolla Area

Estimated Value: $2,157,000 - $2,809,000

8 Beds
9 Baths
4,780 Sq Ft
$526/Sq Ft Est. Value

Sale Details

Date Sold: September 13, 2019

Last sale price $1,375,000 $288 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $14,303 / mo

7 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Home Theater
  • Knotts Island Elementary School Rated 9+
  • Ocean View
  • In Ground Pool

About This Home

As of September 2019

Views are unparalleled to those found at this stunning 8 bedroom oceanfront retreat! With ample amenities and a prime location in the prestigious Ocean Hill community of Corolla, it's no wonder this home consistently produces 11.7%+ ROI! The top levels open floor plan was thoughtfully designed to encompass the incredible views of the Atlantic while providing more than enough room to host large friend or family gatherings in the great room with gas fireplace, fully stocked & renovated kitchen featuring granite countertops & duo dishwashers for easy cleanup, dining & island seating, a king master bedroom with whirlpool tub, half bath, and surrounding decks. On the second floor you will find a spacious den showcasing the ocean view, four master bedrooms (K, K, Q, 2Duo), a half bath, and covered porch. The first floor offers a handicap-friendly king master bedroom, two bedrooms (2 twin, 2 bunkset) with full shared bath, theater room with surround sound & 75 inch 4K TV, and game room with wet bar, full-sized refrigerator & pool table. The home's elevator makes floor accessibility easy for all. Exterior amenities include a private pool, hot tub, outdoor shower, private walkway to the beach & basketball goal.

Last Agent to Sell the Property

Hunter Davis

Twiddy and Company - Corolla License #301647 Listed on: 06/26/2019

Co-Listed By

Martha Springer

Twiddy and Company - Corolla License #135162

Last Buyer's Agent

Joanne Kepler

Beach Realty & Construction- Corolla License #190335

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,949

Year Built

  • Built in 1999

Lot Details

  • Beach Front
  • Cul-De-Sac
  • Landscaped

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 4,780 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Home Theater
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot #40

Community Details

Overview

  • Association fees include road maintenance
  • Built by Olin Finch
  • Ocean Hill Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,949

Year Built

Built in 1999

Lot Details

0.88 Acres

HOA Fees

$25 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: North on Rt 12, east on Coral Lane, north on Atlantic, home is just past Tasman Lane on your right.
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Whirlpool/Spa, Inside Laundry Room
  • Flood Zone: X
  • Headline: 11.7% GRI for 2019!
  • Heated Sq Ft: 4780
  • L V T Date: 06/26/2019
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 624
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • 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 w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Ensuite, Wet Bar
  • Optional Rooms: Game Room, Home Theater
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: Olin Finch
  • Construction: Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Road Maintenance
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 300

Lot Info

  • Lot Description: Beach Frontage, Cul-de-sac, Water Frontage
  • Lot Number: Lot#40
  • Deed Book: 1422

Rental Info

  • Est Annual Rental Income: 168760
  • Estimated Rental Performance: 0.1227
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Buchanan's Bliss II
  • Rental Cottage Number: N040
  • Rental Phone Number: 252-457-1100
  • Rental Turnover Day: Saturday
  • Rental Contact Email: jkavanaugh@twiddy.com
  • Rental Contact Name: Jen Kavanaugh

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2019
  • Taxes: 8949

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2019
Closed on
Aug 2, 2019
Sold by
Bought by
Seller's Agent
Hunter Davis
Twiddy and Company - Corolla
Buyer's Agent
Joanne Kepler
Beach Realty & Construction- Corolla
List Price
$1,375,000
Sold Price
$1,375,000
Current Estimated Value
$2,513,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,138,467
Avg. Annual Appreciation
9.23%
Original Mortgage
$1,031,250
Interest Rate
0.037%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 10, 2017
Sold by
Bought by

Purchase Details

Closed on
Mar 3, 2004
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
$1,375,000 None Available
-- Attorney
-- --
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 $1,031,250
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
09/13/2019 09/13/19 Sold $1,375,000 0.0% $288 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $1,375,000 -- $288 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax 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.

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 $11,265 $1,528,900 $949,600 $579,300
2024 $11,265 $1,528,900 $949,600 $579,300
2023 $11,249 $1,528,900 $949,600 $579,300
2022 $8,291 $1,528,900 $949,600 $579,300
2021 $8,276 $1,621,600 $1,068,300 $553,300
2020 $8,925 $1,621,600 $1,068,300 $553,300
2019 $8,919 $1,621,600 $1,068,300 $553,300
2018 $8,949 $1,621,600 $1,068,300 $553,300
2017 $8,107 $1,621,600 $1,068,300 $553,300
2016 $8,105 $1,621,600 $1,068,300 $553,300
2015 $8,110 $1,621,600 $1,068,300 $553,300
Source: Public Records

Agents Affiliated with this Home

  • Hunter Davis

    Seller's Agent in 2019

    Hunter Davis

    Twiddy and Company - Corolla

    (704) 936-6456

    155 Total Sales

    Hunter Davis
    Section Image
  • Martha Springer

    Seller Co-Listing Agent in 2019

    Martha Springer

    Twiddy and Company - Corolla

    (252) 982-6045

    96 Total Sales

    Martha Springer
    Section Image
  • Joanne Kepler

    Buyer's Agent in 2019

    Joanne Kepler

    Beach Realty & Construction- Corolla

    (252) 207-8420

    50 Total Sales

    Joanne Kepler
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 105646

Outer Banks Association of REALTORS®

APN: 114C-000-0040-0001

North Carolina Currituck County Corolla 27927

1253 Atlantic Ave, Corolla, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.