NOT LISTED FOR SALE

Estimated Value: $870,000 - $1,015,000

5 Beds
5.5 Baths
3,100 Sq Ft
$306/Sq Ft Est. Value

Last Sold April 20, 2015

Last sale price $452,000 $146 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $5,667/month

21 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Cathedral Ceiling
  • Lake Front
  • In Ground Pool
  • Furnished

About This Home

As of April 2015

Located in the Villages at Ocean Hill, this custom built, well-appointed lakefront home features lots of windows, extensive sun & covered decks to enjoy the lake, stellar sunsets & the wildlife in their natural habitat. Upper level features laminated wooden floors, vaulted greatroom with built in entertainment/media center & gas fireplace, dining area, large open kitchen with breakfast bar & access to screened porch, faux painted powder room, an elevated ships watch & master bedroom suite with cedar lined closet and access to sun deck. Mid-level features a tiled entry foyer, two master bedrooms with access to covered deck, two additional bedrooms, full bath and all closets are cedar lined. Lower level has gameroom with kitchenette & wet bar, full bathroom, laundry room, access to large 14X30 private pool/ hot tub and surrounded by tall trees for privacy. Recent updates include roof repairs, interior painting, two new HVAC units, kitchen refrigerator, hot tub refurbished, pool tile, deck repairs & some furnishings. Community amenities include, beach accesses, ocean & lakefront pools, tennis courts, fitness center, playground, basketball court, volleyball/shuffleboard court, 8 acre lake & pedestrian walkways throughout. Close to shops, restaurants and Historic Corolla Village.

Last Agent to Sell the Property

Martha Springer

Twiddy and Company - Corolla License #135162 Listed on: 02/12/2015

Last Buyer's Agent

Glenn Jungen

Twiddy and Company - Corolla License #224940

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,800

Year Built

  • Built in 2000

Lot Details

  • 9,741 Sq Ft Lot
  • Lake Front
  • Property fronts a private road
  • Property is zoned res.

HOA Fees

  • $136 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 3,100 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Game Room
  • Screened Porch
  • Utility Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio

Utilities

  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot #63

Community Details

Overview

  • Association fees include management, pool, tennis courts, walkways
  • Villages At Ocean Hill Subdivision

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,800

Year Built

Built in 2000

Lot Details

0

HOA Fees

$136 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: N. on Ocean Trail into VOH, W on Ocean Hill Blvd. N on Lakeside Dr. 7th house on left.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Shower, Patio, Screened Porch, Smoke Detector(s), Sun Deck
  • Flood Zone: AE, X
  • Subdivision Name: Villages at Ocean Hill
  • Headline: Lakefront Retreat
  • Heated Sq Ft: 3100
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Lakefront
  • Zoning: res.
  • Deed Book Pg Number: 937
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Bedroom 1: On Level: 3
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 2
  • Kitchen: On Level: 3
  • Floor Coverings: Tile, Vinyl, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Cedar Closet(s), Gas Fireplace, Ensuite, Wet Bar
  • Dining Room: On Level: 3
  • Game Room: On Level: 1
  • Living Room: On Level: 3
  • Optional Rooms: Game Room, Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground
  • Roof: Asphalt/Fiber Shingle
  • View: Lake/River

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Tennis Courts, Walkways
  • Association Amenities: Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 1632

Lot Info

  • Estimated Lot Sq Ft: 9741
  • Lot Description: Water Frontage
  • Lot Faces: W
  • Lot Number: Lot#63
  • Deed Book: 493

Rental Info

  • Est Annual Rental Income: 45239
  • Estimated Rental Performance: 0.1001
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Lillie's Lakefront
  • Rental Cottage Number: P063
  • Rental Phone Number: 457-1111
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2014
  • Taxes: 2800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2015
Closed on
Apr 17, 2015
Sold by
Sohval A Robert and Sohval Melinda H
Bought by
Deric Miodrag and Deric Erin P
Seller's Agent
Martha Springer
Twiddy and Company - Corolla
Buyer's Agent
Glenn Jungen
Twiddy and Company - Corolla
List Price
$479,000
Sold Price
$452,000
Premium/Discount to List
-$27,000
-5.64%
Current Estimated Value
$947,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,442
Avg. Annual Appreciation
7.38%
Original Mortgage
$361,600
Interest Rate
3.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Deric Miodrag $452,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deric Miodrag $316,500
Closed Deric Miodrag $361,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2015 04/20/15 Sold $452,000 -5.6% $146 / Sq Ft
03/05/2015 03/05/15 Pending -- -- --
02/12/2015 02/12/15 For Sale $479,000 -- $155 / 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
2024 $4,530 $580,400 $85,000 $495,400
2023 $4,530 $580,400 $85,000 $495,400
2022 $3,396 $580,400 $85,000 $495,400
2021 $3,381 $530,400 $125,000 $405,400
2020 $3,081 $530,400 $125,000 $405,400
2019 $3,081 $530,400 $125,000 $405,400
2018 $3,081 $530,400 $125,000 $405,400
2017 $2,796 $517,200 $125,000 $392,200
2016 $2,733 $517,200 $125,000 $392,200
2015 $2,827 $517,200 $125,000 $392,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 86779

Outer Banks Association of REALTORS®

APN: 114E-000-0063-0000