NOT LISTED FOR SALE

1257 Lakeside Dr Corolla, NC 27927

Estimated Value: $744,000 - $960,000

5 Beds
4.5 Baths
2,842 Sq Ft
$309/Sq Ft Est. Value

Last Sold October 21, 2020

Last sale price $489,000 $172 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,093/month

206 Days on Market

Highlights

  • Beach Access
  • Home Theater
  • Lake View
  • Health Club
  • In Ground Pool
  • Clubhouse

About This Home

As of October 2020

This meticulously maintained home is located in the northern most community of Corolla just before the 4X4 beaches of Carova. It is situated on a west side lot with canopies made from old oaks. This home is 5 bedrooms, 4.5 baths, three floors of living space and features its own private hot tub and pool. Located just steps from the clubhouse, gym, playground, tennis courts and the west side community pool. In addition, there is a community pool located on the oceanfront with restrooms and snack bar. (See attached Community Map). This home is a weekly rental with a restricted calendar....open up for additional rentals. Ready for a new owner....nothing to do but spend time at Hours to Share. Replacements: Heat Pumps approximately 2 years old - Air-o-smith HVAC. Water Heater Replace approximately 5-6 years ago. 2 Owner Closets. 2nd Fridge on Ground Floor. Pool Liner replaced 2-3 years ago. Outdoor Shower.

Last Agent to Sell the Property

Liz Holterhaus

Keller Williams Town Center License #219965 Listed on: 02/09/2020

Keller Williams Town Center

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,782

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 86'x105'
  • Level Lot
  • Wooded Lot

HOA Fees

  • $165 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,842 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Family Room
  • Home Theater
  • Game Room
  • Utility Room
  • Lake Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Beach Access

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Fuel Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 22

Community Details

Overview

  • Bryan Smith Association, Phone Number (252) 453-0162
  • Villages At Ocean Hill Subdivision

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,782

Year Built

Built in 2004

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: 12 N to Villages of Ocean Hill. Left onto Ocean Hill Bvlvd right onto Lakeside Drive. House on right.
  • Extras: Beach Access, Hot Tub
  • Subdivision Name: Villages and Ocean Hill
  • Headline: Beautifully Maintained Home!
  • Heated Sq Ft: 2842
  • L V T Date: 02/10/2020
  • Roads: Paved
  • Sale/Rent: For Sale
  • Zoning: RES
  • Advertised Income 2020: 36241
  • Deed Book Pg Number: 181
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator w/Ice Maker
  • Bedrooms: 5
  • Bedroom 1: On Level: 2
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: Ground
  • Kitchen: Large Open, On Level: 3
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace
  • Dining Room: Open, On Level: 3
  • Family Room: On Level: Ground
  • Game Room: On Level: Ground
  • Living Room: Open, On Level: 3
  • Optional Rooms: Media Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: Yes
  • Sun Deck Size: Large Deck
  • View: Lake/River

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central
  • Fuel Tanks: Leased
  • Septic Fee: 644
  • Sewer/Septic System: Community Septic
  • Water: Private

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Health Club, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 1978
  • Hoa Contact: Bryan Smith
  • HOA Contact: 252-453-0162
  • Home Owner Dwelling Insurance: 4401

Lot Info

  • Lot Description: Level, Wooded
  • Lot Faces: 0.13 W
  • Lot Size: 86'x105'
  • Lot Number: Lot 22
  • Deed Book: 1001

Rental Info

  • Est Annual Rental Income: 36241
  • Estimated Rental Performance: 0.0741
  • Flood Expenses: 757
  • Maintenance Expenses: 1350
  • Other Expenses: 340
  • Poolspa Expense: 1215
  • Rental Co: Sun Realty
  • Rental Cottage Name: Hours to Share
  • Rental Cottage Number: VOH-11
  • Rental Phone Number: 1-800-332-0039
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1680
  • Annual Electric: 1620
  • Annual Water Expense: 434
  • Rental Contact Name: Sun Realty
  • Rental Contact Phone: 1-800-332-0039

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2019
  • Taxes: 2781.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2020
Closed on
Oct 21, 2020
Sold by
Sinnett Brian C and Sinnett Brenda L
Bought by
Whitley Charles Roger and Whitley Jennifer L
Seller's Agent
Liz Holterhaus
Keller Williams Town Center
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$510,000,000
Sold Price
$489,000
Premium/Discount to List
-$509,511,000
-99.9%
Current Estimated Value
$877,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,278
Avg. Annual Appreciation
11.75%
Original Mortgage
$391,200
Outstanding Balance
$345,721
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$531,557

Purchase Details

Closed on
Apr 6, 2007
Sold by
Newbill Geoffrey H and Newbill Michele Brokke
Bought by
Sinnett Brian C and Sinnett Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.1%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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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
Whitley Charles Roger $489,000 None Available
Sinnett Brian C $550,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitley Charles Roger $391,200
Previous Owner Sinnett Brian C $77,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2020 10/21/20 Sold $489,000 -2.0% $172 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
05/15/2020 05/15/20 Price Changed $499,000 -99.9% $176 / Sq Ft
02/09/2020 02/09/20 For Sale $510,000,000 -- $179,451 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $4,413 $536,600 $85,000 $451,600
2024 $4,413 $536,600 $85,000 $451,600
2023 $4,397 $536,600 $85,000 $451,600
2022 $3,299 $536,600 $85,000 $451,600
2021 $3,284 $455,600 $90,000 $365,600
2020 $2,791 $455,600 $90,000 $365,600
2019 $2,782 $455,600 $90,000 $365,600
2018 $0 $455,600 $90,000 $365,600
2017 $2,525 $455,600 $90,000 $365,600
2016 $2,525 $455,600 $90,000 $365,600
2015 $2,533 $455,600 $90,000 $365,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108252

Outer Banks Association of REALTORS®

APN: 114E-000-0022-0000