NOT LISTED FOR SALE

1264 Lakeside Dr Corolla, NC 27927

Estimated Value: $902,925 - $1,031,000

6 Beds
5.5 Baths
2,773 Sq Ft
$346/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $730,000 $263 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,570/month

51 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Second Refrigerator
  • Lake Front
  • Indoor Pool
  • Clubhouse

About This Home

As of November 2021

Lakefront privacy is the setting for this 6 bedroom, 5.1 bath custom built home. Located in the desirable community of Villages at Ocean Hill, this second home has it all. The well-maintained property boasts not only gorgeous views of the lake, but 3 en Suite bedrooms/ 3 guest rooms, granite & stainless steel in the kitchen, family room with wet bar and gas fireplace, screened porch off the dining area, game room with kitchenette, pool and hot tub, along with great community amenities. The upper level of the home features lots of natural light, a soothing color palate, natural wood trim, a wall of custom designed built-in cabinets with a granite topped wet bar and fireplace surround, as well as an open flow into the dining area, which has an adjacent screened porch for al fresco dining, and on into the kitchen. The custom tile backsplash, a suite of stainless appliances and plenty of counter and storage space, in addition to the additional seating at the breakfast bar, make this an attractive and functional kitchen space for any home cook. (But don’t forget about the captivating views from the upper-level deck overlooking the pool and tree-lined lake.) The reverse floor plan also features a large primary ensuite bedroom with his/her closets, a custom tiled shower, jet tub, and double sink vanity. The middle level offers two additional ensuite bedrooms with double sink vanities in the private bathrooms, and two more guest bedrooms which share a jack n’ jill bathroom. This level is also the convenient location for the hot tub on the wide covered porch which overlooks the pool and lake. Imagine the stargazing from the bubbly hot tub at night! The ground level has the final guest bedroom, a full hall bath, dry entry from the carport, and the game room with a kitchenette and full-size fridge. Head outside to the kidney shaped pool area with ample deck space to lounge and enjoy the tranquility this lakefront setting provides. If activity is what you need, the many amenities offered by the VOH community include swimming, tennis, fitness center, playground, and more. Local attractions, restaurants and shopping are not far away either. Recent updates include paint, new furniture and mattresses, new water heater, to name a few. The work has been done! All the new buyer needs to do is relax and enjoy the peace and quiet this tranquil setting offers. ***NW side of the house is roped off for turtle nesting. Please do not disturb!!

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 07/29/2021

Keller Williams - Outer Banks

Co-Listed By

Terry Blocher

Keller Williams - Outer Banks License #271673

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,017

Year Built

  • Built in 2006

Lot Details

  • 0.31 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Landscaped
  • Wooded Lot

HOA Fees

  • $172 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,773 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Dining Room
  • Game Room
  • Screened Porch
  • Lake Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Indoor Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot #68

Community Details

Overview

  • Association fees include management, pool, road maintenance, tennis courts
  • Bryan Smith Association
  • Villages At Ocean Hill Subdivision

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,017

Year Built

Built in 2006

Lot Details

0

HOA Fees

$172 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: North on Ocean Trail to left onto Lakeside Dr, home is on the right
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Screened Porch, Sun Deck, Dry Entry
  • Headline: Lakefront Tranquility
  • Heated Sq Ft: 2773
  • L V T Date: 07/29/2021
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Lakefront
  • Zoning: res
  • Deed Book Pg Number: 569
  • 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: Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 6
  • Bedroom 1: 14x14, On Level: 2
  • Bedroom 2: 14x11, On Level: 1
  • Bedroom 3: 11x11, On Level: 2
  • Bedroom 4: 13x9, On Level: 2
  • Bedroom 5: 11x11, On Level: 2
  • Bedroom 6: 13x9, On Level: Ground
  • Kitchen: On Level: 2
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar
  • Dining Room: On Level: 2
  • Family Room: On Level: 2
  • Game Room: On Level: Ground
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Road Maintenance, Tennis Courts
  • Association Amenities: Clubhouse, Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 2064
  • Hoa Contact: Bryan Smith
  • HOA Contact: vohmanager@gmail.com
  • Home Owner Dwelling Insurance: 3756

Lot Info

  • Estimated Lot Sq Ft: 13576
  • Lot Description: Water Frontage, Wooded
  • Lot Number: Lot #68
  • Estimated Lot Size: 0.31
  • Deed Book: 1555

Rental Info

  • Est Annual Rental Income: 67590
  • Estimated Rental Performance: 0.0926
  • Flood Expenses: 840
  • Lease Terms: Weekly
  • Poolspa Expense: 2200
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1200
  • Annual Electric: 2376
  • Annual Water Expense: 360

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2020
  • Taxes: 3017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Oct 20, 2021
Sold by
Collum Joseph Frye and Collum Jennifer Joy
Bought by
Sunago Properties Llc
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$850,000
Sold Price
$730,000
Premium/Discount to List
-$120,000
-14.12%
Current Estimated Value
$960,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,731
Avg. Annual Appreciation
6.82%
Original Mortgage
$584,000
Outstanding Balance
$531,907
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$428,824

Purchase Details

Listed on
Sep 27, 2019
Closed on
Aug 12, 2020
Sold by
Spencer Thomas and Spencer Diane
Bought by
Collum Joseph Frye and Collum Jennifer Joy
Seller's Agent
Hunter Davis
Twiddy and Company - Corolla
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$579,000
Sold Price
$540,000
Premium/Discount to List
-$39,000
-6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.29%
Original Mortgage
$459,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2010
Sold by
Vornadore Allen Richard and Vornadore Martha
Bought by
Spencer Thomas and Spencer Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2010
Sold by
Vornadore Kerry David and Vornadore Florence
Bought by
Vornadore Allen Richard

Purchase Details

Closed on
Nov 13, 2006
Sold by
Ocean Hill Shores Llc
Bought by
Vornadore Allen Richard and Vornadore Kerry David
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
Sunago Properties Llc $730,000 None Available
Collum Joseph Frye $540,000 None Available
Spencer Thomas $530,000 None Available
Vornadore Allen Richard -- None Available
Vornadore Allen Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunago Properties Llc $584,000
Previous Owner Collum Joseph Frye $459,000
Previous Owner Spencer Thomas $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2021 11/12/21 Sold $730,000 -2.7% $263 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
09/08/2021 09/08/21 Price Changed $750,000 -6.1% $270 / Sq Ft
08/13/2021 08/13/21 Price Changed $799,000 -6.0% $288 / Sq Ft
07/29/2021 07/29/21 For Sale $850,000 +57.4% $307 / Sq Ft
08/26/2020 08/26/20 Sold $540,000 -4.4% $195 / Sq Ft View Prior Sale
06/16/2020 06/16/20 Pending -- -- --
03/09/2020 03/09/20 Price Changed $565,000 -2.4% $204 / Sq Ft
09/27/2019 09/27/19 For Sale $579,000 -- $209 / 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 $4,501 $548,500 $85,000 $463,500
2024 $4,501 $548,500 $85,000 $463,500
2023 $4,485 $548,500 $85,000 $463,500
2022 $3,233 $548,500 $85,000 $463,500
2021 $3,218 $499,700 $125,000 $374,700
2020 $3,018 $499,700 $125,000 $374,700
2019 $3,018 $499,700 $125,000 $374,700
2018 $3,018 $499,700 $125,000 $374,700
2017 $2,738 $499,700 $125,000 $374,700
2016 $2,738 $499,700 $125,000 $374,700
2015 $2,738 $499,700 $125,000 $374,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115479

Outer Banks Association of REALTORS®

APN: 114E-000-0068-0000