NOT LISTED FOR SALE

1271 Windance Ln Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $1,108,000 - $1,189,000

7 Beds
5.5 Baths
2,934 Sq Ft
$391/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $783,000 $267 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,666/month

55 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Clubhouse
  • Ocean View
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of March 2021

Situated in the sought-after location of the Village of Ocean Hill, this well-appointed home is just steps to your beach access path with a short walk to the ocean. Enjoy views of the sea throughout the property along with your inviting living areas, large kitchen and comfortable bedrooms. This property offers fresh decor, a private pool, hot tub, additional recreation space, a pleasing screened porch and covered decks. With the inside offering all you need for a remarkable beach vacation, you will be delighted by the additional community offerings such as tennis, basketball, volleyball courts, bike paths, two community pools and more. You will also enjoy just a half mile walk to the 4x4 beaches and additional close by attractions such as Historic Corolla Village, the Whalehead Club, the Currituck Light, Heritage Park, and sound side boardwalk and nature path. Beach-Topia has all you need! Renters love this home! Gross rental income is consistently more than $70,000. Discover this beach house that no only helps pay for itself, but is a joy to share with family and friends!

Last Agent to Sell the Property

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 11/25/2020

Keller Williams - Outer Banks

Last Buyer's Agent

Ray Meiggs

Twiddy and Co. - Duck License #290422

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,987

Year Built

  • Built in 1994

Lot Details

  • Property fronts a private road

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • Tuck Under Parking

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,934 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Screened Porch
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Utilities

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

Listing and Financial Details

  • Tax Lot 141

Community Details

Overview

  • Association fees include management, pool, tennis courts
  • Bryan Smith Association, Phone Number (252) 453-0162
  • 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

$2,987

Year Built

Built in 1994

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Ceiling Fan(s), Hot Tub, Outside Shower, Screened Porch, Smoke Detector(s), Whirlpool/Spa
  • Flood Zone: X
  • Subdivision Name: Villages at Ocean Hill
  • Headline: The Deal of a Lifetime
  • Heated Sq Ft: 2934
  • L V T Date: 11/25/2020
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: RES
  • Advertised Income 2020: 92165
  • Advertised Income 2021: 87590
  • Deed Book Pg Number: 261
  • 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: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 7
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Wood
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Wood Fireplace
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 65
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Tennis Courts
  • Association Amenities: Clubhouse, Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 1978
  • Hoa Contact: Bryan Smith
  • HOA Contact: (252)453-0162

Lot Info

  • Lot Number: Lot 141
  • Deed Book: 925

Rental Info

  • Est Annual Rental Income: 92165
  • Estimated Rental Performance: 0.1177
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Beach-Topia
  • Rental Cottage Number: P-141
  • Rental Phone Number: 252-457-1100
  • Rental Turnover Day: Saturday
  • Rental Contact Email: jkavanaugh@twiddy.com
  • Rental Contact Name: Twiddy, Jen Kavanaugh
  • Rental Contact Phone: 252-457-0489

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2020
  • Taxes: 2987.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Mar 1, 2021
Sold by
German Rick A
Bought by
Kapmins Holdings Llc
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Ray Meiggs
Twiddy and Co. - Duck
List Price
$777,000
Sold Price
$783,000
Premium/Discount to List
$6,000
0.77%
Current Estimated Value
$1,114,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,452
Avg. Annual Appreciation
8.98%
Original Mortgage
$555,930
Outstanding Balance
$502,861
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$644,385

Purchase Details

Closed on
Jan 27, 2006
Sold by
Hollman Michael C and Hollman Kryn C
Bought by
German Rick A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$738,000
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Kapmins Holdings Llc $783,000 None Available
German Rick A $922,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kapmins Holdings Llc $555,930
Previous Owner German Rick A $738,000
Previous Owner German Rick A $92,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $783,000 +0.8% $267 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
11/25/2020 11/25/20 For Sale $777,000 -- $265 / 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
2024 $4,790 $595,300 $149,000 $446,300
2023 $4,216 $585,500 $149,000 $436,500
2022 $3,533 $585,500 $149,000 $436,500
2021 $3,444 $505,500 $140,000 $365,500
2020 $2,987 $505,500 $140,000 $365,500
2019 $2,984 $505,500 $140,000 $365,500
2018 $2,984 $505,500 $140,000 $365,500
2017 $2,711 $505,500 $140,000 $365,500
2016 $2,711 $505,500 $140,000 $365,500
2015 $2,711 $505,500 $140,000 $365,500
Source: Public Records

Agents Affiliated with this Home

  • Sarah Spencer

    Seller's Agent in 2021

    Sarah Spencer

    Keller Williams - Outer Banks

    (252) 202-3357

    117 in this area

    335 Total Sales

    Section Image
  • Ray Meiggs

    Buyer's Agent in 2021

    Ray Meiggs

    Twiddy and Co. - Duck

    (252) 333-5310

    27 in this area

    62 Total Sales

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112012

Outer Banks Association of REALTORS®

APN: 114E-000-0141-0000

North Carolina Currituck County Corolla 27927 Corolla

1271 Windance Ln, Corolla, NC

This home is located at 1271 Windance Ln, Corolla, NC 27927 since 25 November 2020 and is currently estimated at $1,147,246, approximately $391 per square foot. This property was built in 1994. 1271 Windance Ln is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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