NOT LISTED FOR SALE

1259 Sandcastle Dr Corolla, NC 27927

Estimated Value: $1,542,000 - $2,148,941

5 Beds
6 Baths
2,962 Sq Ft
$643/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $2,275,000 $768 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $10,632/month

49 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Outdoor Pool
  • Community Beach Access
  • Health Club
  • Coastal Architecture

About This Home

As of July 2022

Highly elevated & impeccably well-maintained oceanfront retreat situated on a quiet cul-de-sac in the sought after Villages at Ocean Hill community of Corolla. Featuring five spacious bedrooms (three en suites), ocean views on all three levels, a private pool, and walkway to the beach, this is a home you don't want to miss! On the ground level, a dry entry leading to a spacious bunk bedroom with two duo bunks, surrounding windows with ocean views, and a half bath is the perfect space for kids to settle in after a long day of fun in the sun. On the second floor, a welcoming foyer entry, den/media room with foosball and entertainment center, a king master en suite with a jacuzzi tub and shower, a two twin bedroom, and queen master en suite, all offer views of the ocean & direct deck access. On the top floor, an open concept living area is the perfect setting to host groups of friends and family. An updated kitchen featuring stainless appliances, a wine cooler, quartz countertops, and island & dining seating, a living room w/ bay window seating, hardwood floors & gas fireplace, a half bath, and king master en suite with direct deck access to surrounding sun decks. Enjoy the convenience of a private pool, hot tub, outside shower, and direct walkway to the beach found here, along with an extensive community amenity list from the oceanfront & lakefront pools to a year-round fitness center, pickle ball, tennis, and more!

Last Agent to Sell the Property

Hunter Davis

Twiddy and Company - Corolla License #301647 Listed on: 04/16/2022

Co-Listed By

Martha Springer

Twiddy and Company - Corolla License #135162

Last Buyer's Agent

Hunter Davis

Twiddy and Company - Corolla License #301647 Listed on: 04/16/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,483

Year Built

  • Built in 1993

Lot Details

  • Beach Front
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped

HOA Fees

  • $175 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,962 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Bay Window
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot #169

Community Details

Overview

  • Bryan Smith Association
  • Villages At Ocean Hill Subdivision

Amenities

  • Common Area

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,483

Year Built

Built in 1993

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: OCEAN VIEWS on all 3 floors!
  • Heated Sq Ft: 2962
  • L V T Date: 04/16/2022
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 264
  • 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, Wine Cooler
  • Bedrooms: 5
  • Countertops: Quartz
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Bay/Bow Window, Dryer Connection, Gas Fireplace, Ensuite, Washer Connection
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Attached, Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Common Area
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 2098
  • Hoa Contact: Bryan Smith
  • HOA Contact: vohmanager@gmail.com

Lot Info

  • Lot Description: Beach Frontage, Cul-de-sac, Water Frontage
  • Lot Number: Lot #169
  • Deed Book: 1650

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Song of the Sea
  • Rental Cottage Number: P169
  • Rental Phone Number: 252-457-1100
  • Rental Turnover Day: Sunday
  • Rental Contact Email: jkavanaugh@twiddy.com
  • Rental Contact Name: Jen Kavanaugh
  • Rental Contact Phone: 252-457-1100

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2021
  • Taxes: 6483.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2022
Closed on
Jul 15, 2022
Sold by
1259 Sandcastle Obx Llc
Bought by
Mccormick Michael Ryan
Seller's Agent
Hunter Davis
Twiddy and Company - Corolla
Buyer's Agent
Hunter Davis
Twiddy and Company - Corolla
List Price
$2,300,000
Sold Price
$2,275,000
Premium/Discount to List
-$25,000
-1.09%
Current Estimated Value
$1,861,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$413,790
Avg. Annual Appreciation
-4.98%
Original Mortgage
$1,820,000
Outstanding Balance
$1,705,805
Interest Rate
3.88%
Mortgage Type
Balloon
Estimated Equity
$198,930

Purchase Details

Closed on
Sep 8, 2021
Sold by
Kallman Thomas J and Kallman Ann Katharine
Bought by
1259 Sandcastle Obx Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mccormick Michael Ryan $12,367,500 Casey & Robbins Pc
Mccormick Michael Ryan $2,275,000 None Listed On Document
1259 Sandcastle Obx Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccormick Michael Ryan $1,820,000
Closed Mccormick Michael Ryan $1,820,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $2,275,000 -1.1% $768 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
04/16/2022 04/16/22 For Sale $2,300,000 -- $777 / 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 $8,817 $1,169,500 $786,300 $383,200
2024 $8,817 $1,169,500 $786,300 $383,200
2023 $8,801 $1,169,500 $786,300 $383,200
2022 $6,498 $1,169,500 $786,300 $383,200
2021 $6,483 $1,011,400 $714,000 $297,400
2020 $5,709 $1,011,400 $714,000 $297,400
2019 $5,709 $1,011,400 $714,000 $297,400
2018 $5,709 $1,011,400 $714,000 $297,400
2017 $5,176 $995,400 $714,000 $281,400
2016 $5,095 $995,400 $714,000 $281,400
2015 -- $995,400 $714,000 $281,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 118505

Outer Banks Association of REALTORS®

APN: 114E-000-0169-0000