NOT LISTED FOR SALE

2013 Midland Rd Corolla, NC 27927

Estimated Value: $573,000 - $795,000

3 Beds
3 Baths
2,102 Sq Ft
$309/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $245,000 $117 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $3,522/month

75 Days on Market

Highlights

  • Spa
  • Hydromassage or Jetted Bathtub
  • In-Law or Guest Suite
  • Traditional Architecture
  • Loft
  • Bay Window

About This Home

As of March 2018

Located in the heart of the 4-wheel drive beaches of Carova this 3 bedroom, 3 bath house was custom built for the builder for his own personal home. Made with Fir, Cedar, Cypress, Hickory & Red Oak most of the building materials were special selected and brought down from Canada. There are many special upgrades throughout including custom wood flooring, granite counter tops, tile baths, and a large rear deck with ocean views & a sunken hot tub. The upper two levels which make up the main part of the house offer 3 bedroom and 2 baths. The ground level, which was finished off by the home owner, who is a licensed contractor, has been designed to function as a private in-law suite with it’s own entrance, living room, kitchenette, full bath and the potential for 2 more bedrooms. The house is surrounded by beautiful Live Oaks for privacy, yet still offers the ability to hear the ocean off your back deck. Less than a ½ miles to the beach helps put you near the ocean but away from the people. This is a Fannie Mae Homepath Property all offers must be submitted to www.homepath.com The following to be added to line 15 of the NCOTP: Pursuant to Section 28 of the Real Estate Purchase addendum, this document is subject to all terms and conditions set forth in the Real Estate Purchase Addendum Earnest money to be held by HUTCHENS LAW FIRM, LLP and may be required to be wired. Only offers from owner occupants or buyers using public funds for the first 20 days

Last Agent to Sell the Property

Rosemarie Doshier

The Doshier Team OBX Realty License #112647 Listed on: 11/17/2017

Last Buyer's Agent

Sandy Proctor

Beach Property Group License #193230

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,607

Year Built

  • Built in 2004

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Unpaved Streets

Parking

  • Unpaved Parking

Home Design

  • Traditional Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 2,102 Sq Ft Home
  • Ceiling Fan
  • Bay Window
  • Loft
  • Utility Room
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Spa
  • Sun Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Private or Community Septic Tank

Community Details

  • North Swan Bch Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot #5

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,607

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Traditional
  • Bank Owned: Yes
  • Extras: Ceiling Fan(s), Hot Tub, Jet Tub, Sun Deck
  • Headline: 4Wheel Drive
  • Heated Sq Ft: 2102
  • L V T Date: 11/19/2017
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: R
  • Deed Book Pg Number: 148
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C25889
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3
  • Bedroom 1: nice, On Level: 3
  • Bedroom 2: Nice, On Level: 3
  • Bedroom 3: nice, On Level: 3
  • Kitchen: nice, On Level: 2
  • Foundation: Piling
  • Full Bathrooms: 3
  • Interior Amenities: Bay/Bow Window, Dryer Connection, Ensuite, Washer Connection
  • Dining Room: combo, On Level: 2
  • Family Room: nice, On Level: 1
  • Game Room: Yes, On Level: Ground
  • Living Room: Nice, On Level: 2
  • Optional Rooms: In-Law Apartment, Loft, Office, Utility Room
  • Optional Room 1: Yes, On Level: Ground

Exterior Features

  • Construction: Frame
  • Covered Deck Size: small
  • Exterior: Lap Siding
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: Large

Garage/Parking

  • Parking: Unpaved

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Well

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Size: 100x150
  • Lot Number: Lot#5
  • Deed Book: 1423

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2017
  • Taxes: 1607

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2017
Closed on
Mar 12, 2018
Sold by
Federal National Mortgage Association
Bought by
Futrell Stacy and Futrell Anita
Seller's Agent
Rosemarie Doshier
The Doshier Team OBX Realty
Buyer's Agent
Sandy Proctor
Beach Property Group
List Price
$279,900
Sold Price
$245,000
Premium/Discount to List
-$34,900
-12.47%
Current Estimated Value
$632,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,269
Avg. Annual Appreciation
13.28%
Original Mortgage
$232,750
Outstanding Balance
$198,287
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$450,446

Purchase Details

Closed on
Oct 17, 2017
Sold by
Bell Richard and Bell Teresa M
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Oct 22, 2002
Bought by
Bell Richard L and Bell Teresa M
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
Futrell Stacy -- None Available
Federal National Mortgage Association $249,400 None Available
Bell Richard L $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Futrell Stacy $232,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $245,000 -5.7% $117 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
12/16/2017 12/16/17 Price Changed $259,900 -7.1% $124 / Sq Ft
11/17/2017 11/17/17 For Sale $279,900 -- $133 / 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 $2,597 $376,100 $38,000 $338,100
2024 $2,597 $376,100 $38,000 $338,100
2023 $2,588 $376,100 $38,000 $338,100
2022 $1,969 $376,100 $38,000 $338,100
2021 $1,961 $305,100 $32,100 $273,000
2020 $1,614 $305,100 $32,100 $273,000
2019 $1,614 $305,100 $32,100 $273,000
2018 $1,641 $305,100 $32,100 $273,000
2017 $1,608 $305,100 $32,100 $273,000
2016 $1,605 $305,100 $32,100 $273,000
2015 $1,578 $305,100 $32,100 $273,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 98524

Outer Banks Association of REALTORS®

APN: 099A-000-0005-0002