NOT LISTED FOR SALE

227 Hicks Bay Ln Corolla, NC 27927

Estimated Value: $4,135,000 - $4,686,000

9 Beds
10 Baths
8,000 Sq Ft
$544/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $2,550,000 $319 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $24,562/month

161 Days on Market

Highlights

  • Ocean Front
  • Wood Flooring
  • Indoor Tennis Courts
  • Heated In Ground Pool
  • Furnished
  • Zoned Heating and Cooling

About This Home

As of December 2017

Captivating sunrises and sunsets can be seen from this impeccable 9 bedroom oceanfront home. Stairway to Heaven features elevator, theater room, game room, spacious and well appointed interior, gourmet kitchen, swimming pool, multiple decks that bring guests back year after year. The open floor plan living room, dining room and kitchen overlook a large wrap around deck. The kitchen has a cork floor, granite counter top, commercial grade stainless range oven with gas burners, wine cooler, ice maker, refrigerator and great flow for serious foodies. The game room has a pool table, sauna, Footsball, stationery bike, tv, refrigerator, microwave, leading out to the large in-ground swimming pool and hot tub.

Last Agent to Sell the Property

Lee Whitley

Brindley Beach Vacations & Sales-Duck License #65452 Listed on: 04/19/2017

Last Buyer's Agent

Heather McLay

OBX Homes License #188982

OBX Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,056

Year Built

  • Built in 1998

Lot Details

  • Ocean Front

HOA Fees

  • $312 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 8,000 Sq Ft Home
  • Furnished
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Cork
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Outdoor Pool

Utilities

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

Listing and Financial Details

  • Tax Lot 207

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, tennis courts, walkways
  • Pine Island Pud Subdivision

Amenities

  • Common Area

Recreation

  • Indoor Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,056

Year Built

Built in 1998

Lot Details

0

HOA Fees

$312 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: North on Hwy 12, right on Ogein (7th right after Currituck County sign), left on Hicks Bay
  • Headline: Oceanfront Beauty
  • Heated Sq Ft: 8000
  • L V T Date: 04/19/2017
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: R
  • Deed Book Pg Number: 49
  • Office License Number: C14121
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Compactor, Disposal, Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator, Washer, Wine Cooler
  • Bedrooms: 9
  • Floor Coverings: Carpet, Ceramic Tile, Wood, Cork
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Partial Bathrooms: 2

Exterior Features

  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Tennis Courts, Walkways
  • Association Amenities: Indoor-Comm. Tennis, Outdoor-Comm. Pool, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3744

Lot Info

  • Lot Description: Water Frontage
  • Lot Number: Lot 207
  • Deed Book: 690

Rental Info

  • Rental Co: Elan Vacations
  • Rental Cottage Name: Stairway to Heaven
  • Rental Phone Number: 866-760-3526
  • Rental Turnover Day: Friday

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2016
  • Taxes: 12056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2022
Sold by
Sherry R Tekavec Holding Trust
Bought by
227 Hicks Bay Lane Llc
Current Estimated Value
$4,319,874

Purchase Details

Closed on
Aug 24, 2021
Sold by
227 Hicks Bay Lane Llc
Bought by
Tekavec Sherry R and The Sherry R Tekavec Revocable

Purchase Details

Closed on
Sep 29, 2020
Sold by
Tekavec Sherry R and The4 Sherry R Tekavec Holding
Bought by
227 Hicks Bay Lane Llc

Purchase Details

Listed on
Apr 19, 2017
Closed on
Dec 4, 2017
Sold by
Coors Gail F
Bought by
Tekavec Sherry R and The Sherry R Tekavec Trust
Seller's Agent
Lee Whitley
Brindley Beach Vacations & Sales-Duck
Buyer's Agent
Heather McLay
OBX Homes
List Price
$2,825,000
Sold Price
$2,550,000
Premium/Discount to List
-$275,000
-9.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$1,912,500
Interest Rate
3.72%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 1, 2003
Bought by
Coors Joseph and Coors Gail F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
227 Hicks Bay Lane Llc -- Kurcab Gabriel J
227 Hicks Bay Lane Llc -- Kurcab Gabriel J
Tekavec Sherry R -- Acuity Title
227 Hicks Bay Lane Llc -- None Available
Tekavec Sherry R $2,555,000 None Available
Coors Joseph $3,975,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tekavec Sherry R $1,912,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2017 12/15/17 Sold $2,550,000 -9.7% $319 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $2,825,000 -- $353 / 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 $19,931 $2,723,300 $1,624,000 $1,099,300
2024 $19,931 $2,723,300 $1,624,000 $1,099,300
2023 $19,953 $2,723,300 $1,624,000 $1,099,300
2022 $14,605 $2,723,300 $1,624,000 $1,099,300
2021 $14,590 $2,419,800 $1,395,600 $1,024,200
2020 $13,366 $2,419,800 $1,395,600 $1,024,200
2019 $13,366 $2,419,800 $1,395,600 $1,024,200
2018 $13,366 $2,417,600 $1,395,600 $1,022,000
2017 $12,100 $2,417,600 $1,395,600 $1,022,000
2016 $12,056 $2,417,600 $1,395,600 $1,022,000
2015 $12,134 $2,417,600 $1,395,600 $1,022,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lee Whitley

    Brindley Beach Vacations & Sales-Duck

    Section Image
  • Heather McLay

    Buyer's Agent in 2017

    Heather McLay

    OBX Homes

    (252) 202-3409

    59 in this area

    149 Total Sales

    Heather McLay
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 96109

Outer Banks Association of REALTORS®

APN: 127C-000-0207-0000

North Carolina Currituck County Corolla 27927

227 Hicks Bay Ln, Corolla, NC

Not Listed for Sale

Detached

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