NOT LISTED FOR SALE

1260 Clearwater Ln Corolla, NC 27927

Estimated Value: $851,344 - $1,029,000

7 Beds
4.5 Baths
2,726 Sq Ft
$341/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $681,000 $250 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,341/month

1 Day on Market

Highlights

  • Community Beach Access
  • Health Club
  • Rooftop Deck
  • Ocean View
  • In Ground Pool
  • Second Refrigerator

About This Home

As of May 2021

Immaculate 7 Bedroom home in the Village at Ocean Hill in Corolla! This is a full time residence that has been meticulously cared for maintained. It has not had to endure the rental wear and tear. It shows like a new home! Tons of deck space, private pool, gameroom and crows nest with amazing views. On the top level there is a ship swatch that has been converted to an office / zoomroom so working remotely is a snap. With 7 bedrooms, this home would also be a top rental producer, should someone wish to make it a rental. The Village of Ocean Hill Subdivision offers: 2 outdoor pools, oceanfront clubhouse, tennis courts, fitness center, walking trails, park/playground, pickle ball and oceanfront snackbar (Sharkeys). The subdivision borders the protected land of the Currituck Banks Coastal Estuarine Reserve which offers walking trails through the Estuary. The wild horses are just a mile away! The home is being sold furnished, however, there is a list of personal items that do not convey (since it has been a private residence). This is the one you have been waiting for!

Last Agent to Sell the Property

Chandler Spawr

Coastal Property Partners License #190456 Listed on: 04/09/2021

Last Buyer's Agent

Denise Graham

Keller Williams - Outer Banks License #190990

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,527

Year Built

  • Built in 2005

Lot Details

  • Cul-De-Sac
  • Lot includes common area

HOA Fees

  • $118 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,726 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Rooftop Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 7

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, sewer/septic, tennis courts, walkways
  • Bryan Smith Association, Phone Number (252) 453-0162
  • Villages At Ocean Hill Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,527

Year Built

Built in 2005

Lot Details

0

HOA Fees

$118 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Directions: OCEAN TRAIL > LEFT ON LAKESIDE > FIRST LEFT ON CLEARWATER > HOUSE IN CUL de SAC
  • Extras: Beach Access, Ceiling Fan(s), Outside Lighting, Outside Shower, Smoke Detector(s), Roof Top Deck
  • Flood Zone: X
  • Subdivision Name: VILLAGES AT OCEAN HILL
  • Headline: 7 Bedrooms Near 4 x 4
  • Heated Sq Ft: 2726
  • L V T Date: 04/09/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: RES
  • Deed Book Pg Number: 452
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26165
  • 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 Refrigerator
  • Bedrooms: 7
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Some Windows Treated, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Office, Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Wood
  • Exterior: Shakes, Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound, Salt Marsh

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Sewer/Septic, Tennis Courts, Walkways
  • Association Amenities: Clubhouse, Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 1421
  • Hoa Contact: BRYAN SMITH
  • HOA Contact: 252 453 0162

Lot Info

  • Lot Description: Adj. To Common Area, Cul-de-sac
  • Lot Number: Lot 7
  • Deed Book: 1255

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2020
  • Taxes: 2527

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2024
Sold by
Boyden Daniel G and Boyden Kathleen M
Bought by
Patel Daniel G and Patel Pinki C
Current Estimated Value
$928,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,568
Outstanding Balance
$355,470
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$573,366

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 25, 2021
Sold by
Smith Eugene Thomas and Thomas Smith Revoc Thwe Eugene
Bought by
Boyden Daniel G and Boyden Kathleen M
Seller's Agent
Chandler Spawr
Coastal Property Partners
Buyer's Agent
Denise Graham
Keller Williams - Outer Banks
List Price
$644,000
Sold Price
$681,000
Premium/Discount to List
$37,000
5.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%
Original Mortgage
$544,800
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2013
Sold by
Smith Eugene Thomas and Smith Janet Elizabeth
Bought by
Smith Eugene Thomas

Purchase Details

Closed on
Mar 31, 2009
Sold by
Bank Of America Na
Bought by
Smith Eugene Thomas and Smith Janet Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,400
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2008
Sold by
Johnson James A and Johnson Laurie E
Bought by
Bank Of America Na

Purchase Details

Closed on
May 19, 2005
Sold by
Johnson James A and Johnson Laurie E
Bought by
Dreamcatchers Limited Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Patel Daniel G $850,000 None Listed On Document
Boyden Daniel G $681,000 None Available
Boyden Daniel G $681,000 Sharp Starkey
Smith Eugene Thomas -- None Available
Smith Eugene Thomas $475,500 None Available
Bank Of America Na $463,500 None Available
Dreamcatchers Limited Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Daniel G $360,568
Previous Owner Boyden Daniel G $544,800
Previous Owner Smith Eugene Thomas $380,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2021 05/26/21 Sold $681,000 +5.7% $250 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $644,000 -- $236 / 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 $4,393 $536,000 $85,000 $451,000
2024 $4,393 $536,000 $85,000 $451,000
2023 $4,377 $536,000 $85,000 $451,000
2022 $3,170 $536,000 $85,000 $451,000
2021 $3,158 $425,400 $90,000 $335,400
2020 $2,528 $425,400 $90,000 $335,400
2019 $2,528 $425,400 $90,000 $335,400
2018 $2,528 $425,400 $90,000 $335,400
2017 $2,295 $425,400 $90,000 $335,400
2016 $2,295 $425,400 $90,000 $335,400
2015 $2,295 $425,400 $90,000 $335,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 113789

Outer Banks Association of REALTORS®

APN: 114E-000-0007-0000