NOT LISTED FOR SALE

1279 Sandcastle Dr Corolla, NC 27927

Corolla Area

Estimated Value: $1,412,000 - $2,196,000

5 Beds
4.5 Baths
3,182 Sq Ft
$559/Sq Ft Est. Value

Sale Details

Date Sold: October 30, 2012

Last sale price $1,078,500 $339 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $10,480 / mo

57 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Coastal Architecture
  • Knotts Island Elementary School Rated 9+
  • Ocean View
  • Cathedral Ceiling

About This Home

As of October 2012

Exquisitely cared for 5-bedroom OCEANFRONT, at the northern end of Corolla. Beautifully decorated, large bedrooms and gathering spaces make this one of the most gracious custom oceanfront homes currently available. Built by Pete Hunter, this shingle-style home, with generous decking, sits on almost half an acre on one of the least populated beaches on the Outer Banks. Recently remodeled kitchen includes granite counters and stainless appliances. Mid-level den allows for multiple generations to enjoy multiple activities. Upgrades such as hardwood floors, screened porch, cathedral ceilings, gas fireplace, wet bar, oversized Andersen sliders, and a private raised walkway to the beach. Village at Ocean Hill has fantastic amenities: oceanfront community pool just down the street from this home, lake front pool, fitness center, tennis and basketball. The Historic Corolla Village, including the lighthouse and Whalehead Club plus shopping, is just a short bike ride away. Strong, consistent rentals throughout the years has proven the popularity of this home. $94,600 projected income if you add a pool! See associated docs.

Last Agent to Sell the Property

Sarah Spencer

Keller Williams Outer Banks KDH License #185795 Listed on: 08/01/2012

Keller Williams Outer Banks KDH

Last Buyer's Agent

Jane Ford

Encompass Real Estate Group License #212824

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,261

Year Built

  • Built in 1994

Lot Details

  • 20,770 Sq Ft Lot
  • Beach Front
  • 70 Feet of Waterfront
  • Cul-De-Sac

HOA Fees

  • $121 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,182 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Library
  • Ocean Views

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water

Listing and Financial Details

  • Tax Lot 3 175

Community Details

Overview

  • Association fees include management
  • Built by Hunter Homes
  • Villages At Ocean Hill Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,261

Year Built

Built in 1994

Lot Details

0.48 Acres

HOA Fees

$121 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: RT 12 North, past lighthouse. Turn RT onto Headwind, left onto Sandcastle. House is on oceanfront.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Jet Tub, Outside Shower, Sun Deck
  • Flood Zone: Cobra, VE
  • Headline: OCEANFRONT ON 1/2 ACRE!
  • Heated Sq Ft: 3182
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 798
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Wood
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Ensuite, Wet Bar
  • Optional Rooms: Foyer, Library/Study
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Hunter Homes
  • Construction: Frame
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 70
  • View: Ocean
  • Water Frontage: 70

Garage/Parking

  • Garage: Carport

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Septic Fee: 680
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Management
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 1450

Lot Info

  • Estimated Lot Sq Ft: 20770
  • Lot Description: Beach Frontage, Cul-de-sac
  • Lot Faces: E
  • Lot Number: Lot 3 175
  • Deed Book: 413

Rental Info

  • Est Annual Rental Income: 86700
  • Estimated Rental Performance: 0.0804
  • Flood Expenses: 10375
  • Lease Terms: Weekly
  • Poolspa Expense: 900
  • Rental Co: Vacasa - North
  • Rental Cottage Name: Shearwater
  • Rental Cottage Number: VOH 15
  • Rental Phone Number: 453-9660
  • Rental Turnover Day: SAT
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 645
  • Annual Electric: 1400
  • Annual Telephone Expense: 365
  • Annual Water Expense: 320

Building Info

  • Year Built: 1994

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 5261.06

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2012
Closed on
Oct 25, 2012
Sold by
Bought by
Seller's Agent
Sarah Spencer
Keller Williams Outer Banks KDH
Buyer's Agent
Jane Ford
Encompass Real Estate Group
List Price
$1,199,000
Sold Price
$1,078,500
Premium/Discount to List
-$120,500
-10.05%
Current Estimated Value
$1,778,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$700,297
Avg. Annual Appreciation
3.72%
Original Mortgage
$808,875
Interest Rate
0.0325%
Mortgage Type
New Conventional
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,078,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $808,875
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/30/2012 10/30/12 Sold $1,078,500 -10.1% $339 / Sq Ft
09/27/2012 09/27/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $1,199,000 -- $377 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,009 $1,218,000 $780,700 $437,300
2024 $9,009 $1,218,000 $780,700 $437,300
2023 $8,993 $1,218,000 $780,700 $437,300
2022 $6,627 $1,214,000 $780,700 $433,300
2021 $6,612 $1,057,500 $709,000 $348,500
2020 $5,875 $1,057,500 $709,000 $348,500
2019 $5,875 $1,057,500 $709,000 $348,500
2018 $0 $1,057,500 $709,000 $348,500
2017 $5,326 $1,057,500 $709,000 $348,500
2016 $5,326 $1,057,500 $709,000 $348,500
2015 $5,410 $1,057,500 $709,000 $348,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 75796

Outer Banks Association of REALTORS®

APN: 114E-000-0175-0000

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