NOT LISTED FOR SALE

1273 Bear Foot Path Corolla, NC 27927

Estimated Value: $1,061,000 - $1,322,000

6 Beds
8 Baths
4,379 Sq Ft
$272/Sq Ft Est. Value

Last Sold April 02, 2020

Last sale price $540,500 $123 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $6,770/month

231 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Home Theater
  • Views of a Sound
  • Home fronts a sound
  • In Ground Pool

About This Home

As of April 2020

GORGEOUS HOME LOCATED IN THE VILLAGES AT OCEAN HILL .... WALKING DISTANCE TO OCEANFRONT, AND COMMUNITY FITNESS CENTER AND TENNIS *** HOME IS LOCATED AT THE NORTH END OF COROLLA AND SO VERY CLOSE TO THE COROLLA LIGHTHOUSE AND THE 4 WHEEL DRIVE BEACHES ... THE VILLAGES AT OCEAN HILL IS A MUCH SOUGHT AFTER COROLLA COMMUNITY *** HOME FEATURES EXPANSIVE GREAT ROOM AREA WITH HIGH CEILINGS, TONS OF LIGHTING AND GREAT WINDOWS FOR NATURAL LIGHT ... ENTERTAINMENT CENTER W/ GAS FIREPLACE LARGE DINING AREA AND SPACE AT KITCHEN BREAKFAST BAR (NO REFRIGERATOR IN KITCHEN) *** ALL BEDROOMS ARE LARGE AND MOST HAVE PRIVATE BATHS - HOME IS WELL DESIGNED AND PROVIDES GREAT SPACES FOR 2-3 FAMILES TO ENJOY BEING AT HOME AND STILL HAVE PRIVACY *** ELEVATOR HAS BEEN INSPECTED AND IS OPERATIONAL * HUGE GAME ROOM WITH MINI KITCHEN, AND POOL TABLE ... LARGE THEATER ROOM OFF HUGE GAME ROOM W/ POOL TABLE, SEATING & MINI-KITCHEN W/ REFRIGERATOR ... BIG PRIVATE REAR SUN DECK AND POOL - COVER IS NEWLY INSTALLED JUNE 2019 *** PROPERTY IS LAKEFRONT AND HAS AWESOME VIEWS *** 3 LEVELS OF DECKS TO ENJOY SUN AT VARIOUS TIMES OF THE DAY - GREAT VIEWS OF THE LAKE AND A PEAK AT THE SOUND ... ALL MAKE THIS HOME ONE THAT YOU WILL WANT TO SEE! *** THIS IS A BANK OWNED PROPERTY - OWNED BY TRUIST Bank formerly BB&T *** SEE BROKER NOTES FOR REQUIRED ADDENDUMS ... IF BUYER OBTAINING FINANCING, A LENDER PRE-APPROVAL ACCEPTABLE TO SELLER MUST BE INCLUDED WITH ANY PURCHASE OFFER * IF A CASH PURCHASE, A PROOF OF FUNDS ACCEPTABLE TO SELLER MUST BE PROVIDED WITH OFFER. * HOME IS SOLD AS-IS, WHERE-IS AND BY ""SPECIAL WARRANTY DEED""" *** HOME IS WINTERIZED SO THERE ARE NO FACILITIES AVAILABLE IN HOME * 2 ZONE HEAT PUMP ... BANK IS SELLING ""AS -IS, WHERE-IS"" *** SEE BROKER NOTES FOR CONTRACT SUBMISSION INFORMATION *** GREAT LOCATION TO ENJOY A HOME AWAY FROM HOME * (HOME IS SOLD WITH ALL PERSONAL PROPERTY NOW ON PREMISES - THERE IS NO VALUE GIVEN FOR THE PERSONAL PROPERTY THEREFORE THERE WILL BE NO BILL OF SALE) *** BEAUTIFUL LAKEFRONT HOME ... COME SEE!

Last Agent to Sell the Property

John Leatherwood

Coldwell Banker Seaside Realty KH License #86507 Listed on: 07/17/2019

Coldwell Banker Seaside Realty KH

Co-Listed By

Debbie Knieper

Coldwell Banker Seaside Realty KH License #199613

Last Buyer's Agent

John Leatherwood

Coldwell Banker Seaside Realty KH License #86507 Listed on: 07/17/2019

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,113

Year Built

  • Built in 2006

Lot Details

  • Home fronts a sound
  • Property fronts a private road
  • Cul-De-Sac
  • Lot includes common area
  • Landscaped
  • Level Lot

HOA Fees

  • $165 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Lake Views

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Cottage
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 4,379 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Home Theater
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Plumbed For Ice Maker
  • Second Dishwasher
  • Marble Countertops
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Garage
  • Carport
  • Tuck Under Parking
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Pool

  • In Ground Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 254

Community Details

Overview

  • Association fees include common electric, common insurance, management, road maintenance, tennis courts, walkways
  • Villages At Ocean Hill Association, Phone Number (252) 453-0162
  • Villages At Ocean Hill Subdivision

Amenities

  • Common Area

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,113

Year Built

Built in 2006

Lot Details

0.33 Acres

HOA Fees

$165 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal, Cottage
  • Bank Owned: Yes
  • Directions: NC 12 ... west on Lakeside Dr, Right on Lost Lake Dr, Left on Bear Foot Path
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Handicap Friendly, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: AE
  • Subdivision Name: Villages at Ocean Hill
  • Headline: ELEVATOR*POOL*GAMERM*THEATER
  • Heated Sq Ft: 4379
  • L V T Date: 07/17/2019
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Soundfront
  • Zoning: R
  • Deed Book Pg Number: 600
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Microwave, Refrigerator, Wall Oven, 2nd Dishwasher, Stackable Washer/Dryer
  • Bedrooms: 6
  • Bedroom 1: MASTER, On Level: 3
  • Bedroom 2: MASTER, On Level: 2
  • Bedroom 3: MASTER, On Level: 2
  • Bedroom 4: MASTER, On Level: 2
  • Bedroom 5: YES, On Level: 2
  • Bedroom 6: YES, On Level: 1
  • Kitchen: EATIN, On Level: 3
  • Countertops: Granite, Marble, Solid Surface
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar
  • Dining Room: LARGE, On Level: 3
  • Family Room: GAME ROOM, On Level: 1
  • Game Room: HUGE, On Level: 1
  • Living Room: SPACIOUS, On Level: 3
  • Optional Rooms: Game Room, Home Theater
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: YES
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Private Pool
  • Roof: Metal
  • Sun Deck Size: EXPANSIVE
  • View: Lake/River, Sound

Garage/Parking

  • Garage: 1 Car, Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 1978
  • Hoa Contact: Villages at Ocean Hill
  • HOA Contact: 252-453-0162

Lot Info

  • Lot Description: Adj. To Common Area, Cul-de-sac, Level, Water Frontage
  • Lot Faces: WEST
  • Lot Number: Lot 254
  • Deed Book: 1481

Rental Info

  • Est Annual Rental Income: 57950
  • Estimated Rental Performance: 0.1072

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2019
  • Taxes: 4113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2019
Closed on
Mar 25, 2020
Sold by
Trust Bank
Bought by
Benjamin Arp Paul and Martin Arp Kelly
Seller's Agent
John Leatherwood
Coldwell Banker Seaside Realty KH
Buyer's Agent
John Leatherwood
Coldwell Banker Seaside Realty KH
List Price
$659,000
Sold Price
$540,500
Premium/Discount to List
-$118,500
-17.98%
Current Estimated Value
$1,189,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$648,725
Avg. Annual Appreciation
14.35%
Original Mortgage
$432,400
Outstanding Balance
$380,550
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$808,675

Purchase Details

Closed on
May 2, 2019
Sold by
Eure William L and Eure Wesley C
Bought by
Branch Banking And Trust Company

Purchase Details

Closed on
Oct 3, 2005
Sold by
6 5 Defense Llc
Bought by
Eure William L and Eure Wesley C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$959,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records
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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
Benjamin Arp Paul $540,500 None Available
Branch Banking And Trust Company $580,000 None Available
Eure William L $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benjamin Arp Paul $432,400
Previous Owner Eure William L $959,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2020 04/02/20 Sold $540,500 -1.5% $123 / Sq Ft
03/04/2020 03/04/20 Price Changed $549,000 +2.8% $125 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
02/27/2020 02/27/20 Price Changed $534,000 -2.7% $122 / Sq Ft
01/02/2020 01/02/20 Price Changed $549,000 -4.5% $125 / Sq Ft
10/21/2019 10/21/19 Price Changed $575,000 -4.0% $131 / Sq Ft
10/01/2019 10/01/19 Price Changed $599,000 -3.2% $137 / Sq Ft
09/09/2019 09/09/19 Price Changed $619,000 -3.1% $141 / Sq Ft
08/09/2019 08/09/19 Price Changed $639,000 -3.0% $146 / Sq Ft
07/17/2019 07/17/19 For Sale $659,000 -- $150 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $5,964 $747,000 $85,000 $662,000
2024 $5,964 $747,000 $85,000 $662,000
2023 $5,948 $747,000 $85,000 $662,000
2022 $4,429 $747,000 $85,000 $662,000
2021 $4,414 $689,200 $125,000 $564,200
2020 $4,110 $689,200 $125,000 $564,200
2019 $4,096 $689,200 $125,000 $564,200
2018 $4,096 $689,200 $125,000 $564,200
2017 $3,731 $689,200 $125,000 $564,200
2016 $3,731 $689,200 $125,000 $564,200
2015 $3,731 $689,200 $125,000 $564,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 105867

Outer Banks Association of REALTORS®

APN: 114E-000-0254-0000

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