Seller's Agent in 2014
Cory Taylor
Southern Shores Realty
(252) 599-1721
4 in this area
39 Total Sales
1271 Lost Lake Ln Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $989,000 - $1,063,000
5
Beds
5.5
Baths
3,936
Sq Ft
$260/Sq Ft
Est. Value
Highlights
- Community Beach Access
- In Ground Pool
- Clubhouse
- Health Club
- Second Refrigerator
- Contemporary Architecture
About This Home
As of December 2014Coastal FanSea...A Fabulous Home located in the Villages at Ocean Hill in Corolla. This soundside home awaits all to relax and enjoy the beautiful surroundings of the majestic Atlantic Ocean and the peaceful backyard bordering the massive Wildlife Reserve. Community amenities include Basketball and Tennis courts, playground, fitness center, a Lakefront pool and an Oceanfront Pool, all within walking distance! This Handicap friendly home boasts three levels of living area with elevator access to all 5 bedrooms and 5 1/2 baths. The ground floor starts with one bedroom, a full bath and a Fantastic Home Theater Room seating 9, Game Room with Pool Table, Shuffle Board and a full size refrigerator, then walks out to the very private and heated swimming pool and patio with Hot Tub and outside shower. The mid level hosts another sitting area with a large flat screen TV, wet bar and wine refrigerator, along with 3 master bedrooms while the top floor offers another master bedroom, the HUGE gourmet kitchen with granite and stainless appliances, large living room with gas fireplace and built-ins, dining area and an additional sitting area with large flatscreen TV. Wonderful decks on all three levels allow a tranquil space for many to enjoy. And, this home does fantastic in the rental program and is loved by all! Beautiful home! Incredible location! Fantastic amenities! All deck railings and balusters, along with pool fencing stained/repainted in spring of 2014. All pavers were freshly leveled and squared spring of 2014.
Last Agent to Sell the Property
Southern Shores Realty License #225898 Listed on: 08/19/2014
Last Buyer's Agent
Jack Marshall
Shore Advantage Realty-KH License #201176
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,808
Year Built
- Built in 2005
Lot Details
- Cul-De-Sac
- Fenced Yard
- Landscaped
- Level Lot
HOA Fees
- $125 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Reverse Style Home
- Slab Foundation
- Frame Construction
- Metal Roof
- Piling Construction
- Cement Board or Planked
- Vinyl Construction Material
Interior Spaces
- 3,936 Sq Ft Home
- Elevator
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Library
- Game Room
- Park or Greenbelt Views
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Ice Maker
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Fire and Smoke Detector
Accessible Home Design
- Handicap Accessible
Pool
- In Ground Pool
- Gunite Pool
- Outdoor Pool
- Outdoor Shower
- Spa
Outdoor Features
- Sun Deck
- Covered Deck
- Patio
- Exterior Lighting
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Municipal Utilities District Sewer
Listing and Financial Details
- Tax Lot 235
Community Details
Overview
- Association fees include common electric, common insurance, management, pool, road maintenance, tennis courts
- Villages At Ocean Hill Subdivision
Amenities
- Clubhouse
Recreation
- Community Beach Access
- Health Club
- Tennis Courts
- Community Playground
- Community Pool
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2014
Closed on
Dec 17, 2014
Sold by
Giacovelli Vincent James and Haddick Lorriann M
Bought by
Mitchell Robert O H and Mitchell Laverne W
Seller's Agent
Cory Taylor
Southern Shores Realty
Buyer's Agent
Jack Marshall
Shore Advantage Realty-KH
List Price
$599,900
Sold Price
$525,000
Premium/Discount to List
-$74,900
-12.49%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,477
Avg. Annual Appreciation
6.37%
Original Mortgage
$285,000
Outstanding Balance
$235,311
Interest Rate
4.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$787,166
Purchase Details
Closed on
Dec 16, 2009
Sold by
Branch Banking & Trust Company
Bought by
Giacovelli Vincent James and Giacovelli Loriann Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,700
Interest Rate
4.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 14, 2008
Sold by
Twedell Charles L
Bought by
Branch Banking & Trust Company
Purchase Details
Closed on
Aug 17, 2005
Sold by
6 5 Defense Llc
Bought by
Twedell Charles L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mitchell Robert O H | $525,000 | Attorney | |
| Giacovelli Vincent James | $463,000 | None Available | |
| Branch Banking & Trust Company | $620,010 | None Available | |
| Twedell Charles L | $325,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mitchell Robert O H | $285,000 | |
| Previous Owner | Giacovelli Vincent James | $416,700 | |
| Previous Owner | Twedell Charles L | $64,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/22/2014 12/22/14 | Sold | $525,000 | -12.5% | $133 / Sq Ft |
| 11/28/2014 11/28/14 | Pending | -- | -- | -- |
| 08/19/2014 08/19/14 | For Sale | $599,900 | -- | $152 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $4,692 | $577,500 | $55,000 | $522,500 |
| 2023 | $4,193 | $577,500 | $55,000 | $522,500 |
| 2022 | $3,514 | $577,500 | $55,000 | $522,500 |
| 2021 | $3,499 | $498,300 | $90,000 | $408,300 |
| 2020 | $3,019 | $498,300 | $90,000 | $408,300 |
| 2019 | $3,019 | $498,300 | $90,000 | $408,300 |
| 2018 | $0 | $498,300 | $90,000 | $408,300 |
| 2017 | $2,740 | $498,300 | $90,000 | $408,300 |
| 2016 | $2,740 | $498,300 | $90,000 | $408,300 |
| 2015 | -- | $498,300 | $90,000 | $408,300 |
Source: Public Records
Agents Affiliated with this Home
-
Cory Taylor
-
J
Buyer's Agent in 2014
Jack Marshall
Shore Advantage Realty-KH
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 84893
APN: 114E-000-0235-0000
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