NOT LISTED FOR SALE

1278 Lakeside Dr Corolla, NC 27927

Estimated Value: $681,000 - $787,000

5 Beds
3.5 Baths
2,207 Sq Ft
$330/Sq Ft Est. Value

Last Sold March 06, 2015

Last sale price $332,000 $150 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $4,323/month

14 Days on Market

Highlights

  • Community Beach Access
  • Outdoor Pool
  • Cathedral Ceiling
  • Health Club
  • Wooded Lot
  • Park or Greenbelt View

About This Home

As of March 2015

Cozy well maintained 5 bedroom home nestled in the trees. Easy walk to the ocean or the sound and all the amenities The Village of Ocean Hill has to offer. Owner does annual maintenance so check associated docs for list. This home rents well or would be the perfect second home.

Last Agent to Sell the Property

Daphne Degabrielle

Outer Banks Realty Group License #136949 Listed on: 01/09/2015

Last Buyer's Agent

Catherine Kowalsky

BHHS RW Towne Realty - Moyock License #269605

BHHS RW Towne Realty - Moyock

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,840

Year Built

  • Built in 1994

Lot Details

  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $133 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,207 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Loft
  • Game Room
  • Utility Room
  • Park or Greenbelt Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 16

Community Details

Overview

  • Association fees include common insurance, pool, tennis courts, walkways
  • Villages At Ocean Hill Subdivision

Amenities

  • Common Area

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,840

Year Built

Built in 1994

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Turn west off 12 heading N on to Lakeside Dr. Home on left.
  • Extras: Ceiling Fan(s), Covered Decks, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Heated Sq Ft: 2207
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unheated Lvarsf: 96
  • Waterfront Location: More than 5th row
  • Zoning: Residentia
  • Deed Book Pg Number: 099
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection
  • Optional Rooms: Game Room, Loft, Utility Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Park Serv/Preserve

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Pool, Tennis Courts, Walkways
  • Association Amenities: Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 1600
  • Home Owner Dwelling Insurance: 1956

Lot Info

  • Lot Description: Wooded
  • Lot Number: Lot 16
  • Deed Book: 451

Rental Info

  • Est Annual Rental Income: 16121
  • Estimated Rental Performance: 0.0486
  • Flood Expenses: 460
  • Lease Terms: Weekly
  • Other Expenses: 549
  • Rental Co: Resort Realty
  • Rental Cottage Name: Prince of Tides
  • Rental Cottage Number: 1062
  • Rental Phone Number: 453 3700
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1522
  • Annual Electric: 1238
  • Annual Water Expense: 329

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2014
  • Taxes: 1840.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2015
Closed on
Mar 6, 2015
Sold by
Prince Stephen R and Prince Maureen E
Bought by
Kowalsky Robert and Kowalsky Catherine
Seller's Agent
Daphne Degabrielle
Outer Banks Realty Group
Buyer's Agent
Catherine Kowalsky
BHHS RW Towne Realty - Moyock
List Price
$330,000
Sold Price
$332,000
Premium/Discount to List
$2,000
0.61%
Current Estimated Value
$751,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,119
Avg. Annual Appreciation
7.51%
Original Mortgage
$298,800
Outstanding Balance
$228,020
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$501,214
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kowalsky Robert $332,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kowalsky Robert $298,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2015 03/06/15 Sold $332,000 +0.6% $150 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
01/09/2015 01/09/15 For Sale $330,000 -- $150 / 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 $3,140 $365,500 $85,000 $280,500
2024 $3,140 $365,500 $85,000 $280,500
2023 $3,124 $365,500 $85,000 $280,500
2022 $2,379 $365,500 $85,000 $280,500
2021 $2,357 $319,800 $90,000 $229,800
2020 $2,032 $319,800 $90,000 $229,800
2019 $2,026 $319,800 $90,000 $229,800
2018 $2,026 $319,800 $90,000 $229,800
2017 $1,840 $319,800 $90,000 $229,800
2016 $1,840 $319,800 $90,000 $229,800
2015 $1,840 $319,800 $90,000 $229,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 86329

Outer Banks Association of REALTORS®

APN: 114E-000-0016-0000