M
Seller's Agent in 2015
Mary Fouty-Davis
Sun Realty - Kitty Hawk / Currituck
(252) 261-3892
501 Conch Course Corolla, NC 27927
Estimated Value: $2,816,382 - $2,929,000
12
Beds
11.5
Baths
5,528
Sq Ft
$520/Sq Ft
Est. Value
Highlights
- Beach Front
- Concrete Pool
- Whirlpool Bathtub
- Ocean View
- Cathedral Ceiling
- Granite Countertops
About This Home
As of November 2015***WOW! THIS 12 BEDROOM , 11 BATH AND 1 HALF BATH, 9 YEAR OLD RENTAL MACHINE IN COROLLA, WITH UNBELIEVABLE OCEAN VIEWS, HAD CONSISTENTLY STRONG RENTALS THAT GROSSED OVER 285k WHEN IT WAS RENTED. IT IS SITED AT THE END OF A QUIET CUL DE SAC IN SECTION B OF OCEAN SANDS. THERE ARE 6 MASTER SUITES WITH GREAT OCEAN VIEWS. CUSTOM OCEAN SIDE POOL WITH SWIM-UP BAR AND BUILT IN HOT TUB. IT IS FRESHLY PAINTED INSIDE AND OUT. AN ELEVATOR IS CONVENIENT TO ALL FLOORS. THE THE GOURMET KITCHEN BOASTS GRANITE COUNTER TOPS, BRAND NEW 48 INCH STAINLESS STEEL GAS RANGE OVEN, NEW ICE MAKER, NEW WINE REFRIGERATOR AND EXTRA DISHWASHERS. THE BANKS OF WINDOWS THAT SURROUND THE KITCHEN AND GREAT ROOM AFFORD THE MOST MAGNIFICENT UNOBSTRUCTED VIEWS. COOKING FOR A CROWD WILL BE A PLEASURE. NOTE THE SUNNY LOFT WITH IT’S PRIVATE BALCONY OVERLOOKING THE GREAT ROOM, KITCHEN AND DINING AREA. SLIDING GLASS DOORS LEAD OUT TO AN UPPER BALCONY FOR THOSE FANTASTIC SUNSET VIEWS. THE LOWER LEVEL GAME ROOM BOASTS A WET BAR AND ACCESS TO POOL AREA. EXTENSIVE SUN AND COVERED DECKING FOR EVERYONE TO ENJOY. THE DUNE TOP DECK IS AN EASY ACCESS FROM THE POOL DECK AFFORDING MORE MAGNIFICENT VIEWS.** NEW 48 INCH RANGE AND OVEN TO BE INSTALLED ON 3/24. **FRESHLY PAINTED INSIDE AND OUT** NEW WINE COOLER, GAME ROOM REFRIGERATOR** NEW POOL PUMP TO BE INSTALLED ** 3 NEW HVAC UNITS JUST INSTALLED** THERE IS SO MUCH MORE. IT IS A MUST SEE PROPERTY. COME AND IMAGINE THE POSSIBLITIES!!
Last Agent to Sell the Property
Sun Realty - Kitty Hawk / Currituck License #149905 Listed on: 03/18/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,700
Year Built
- Built in 2004
Lot Details
- 0.46 Acre Lot
- Beach Front
- 100 Feet of Waterfront
- Cul-De-Sac
- Fenced Yard
- Landscaped
- Sprinkler System
HOA Fees
- $24,167 Monthly HOA Fees
Home Design
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Lap Siding
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 5,528 Sq Ft Home
- Elevator
- Wet Bar
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Entrance Foyer
- Game Room
- Ocean Views
- Washer and Dryer Hookup
Kitchen
- Oven or Range
- Ice Maker
- Dishwasher
- Wine Cooler
- Granite Countertops
- Laminate Countertops
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 12 Bedrooms
- En-Suite Primary Bedroom
- Whirlpool Bathtub
- Hydromassage or Jetted Bathtub
Home Security
- Home Security System
- Fire and Smoke Detector
Parking
- Paved Parking
- Off-Street Parking
Pool
- Concrete Pool
- Heated 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 Water
- Private or Community Septic Tank
Listing and Financial Details
- REO, home is currently bank or lender owned
- Tax Lot #85
Community Details
Overview
- Ocean Sands Subdivision
Recreation
- Community Boardwalk
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 20, 2016
Sold by
Mcdonald Robert A and Mcdonald Ann M
Bought by
The Big House 2016 Llc
Current Estimated Value
Purchase Details
Listed on
Mar 18, 2015
Closed on
Oct 14, 2015
Sold by
Trs Reo Trust 1-A
Bought by
Mcdonald Robert A and Mcdonald Ann M
Seller's Agent
Mary Fouty-Davis
Sun Realty - Kitty Hawk / Currituck
Buyer's Agent
Martha Springer
Twiddy and Company - Corolla
List Price
$2,390,000
Sold Price
$1,825,000
Premium/Discount to List
-$565,000
-23.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$1,460,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 21, 2014
Sold by
Pennymac Holdings Llc
Bought by
Trs Reo Trust 1-A
Purchase Details
Closed on
Feb 14, 2014
Sold by
Carolina Llc
Bought by
Pennymac Holdings Llc
Purchase Details
Closed on
Jul 15, 2011
Sold by
Anderson Leroy L and Anderson Jean B
Bought by
Sunrise Obx Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Big House 2016 Llc | -- | None Available | |
| Mcdonald Robert A | $1,825,000 | Attorney | |
| Trs Reo Trust 1-A | -- | Attorney | |
| Pennymac Holdings Llc | $3,097,610 | None Available | |
| Sunrise Obx Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mcdonald Robert A | $1,460,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2015 11/13/15 | Sold | $1,825,000 | -23.6% | $330 / Sq Ft |
| 10/01/2015 10/01/15 | Pending | -- | -- | -- |
| 03/18/2015 03/18/15 | For Sale | $2,390,000 | -- | $432 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $12,361 | $1,656,500 | $850,000 | $806,500 |
| 2024 | $12,361 | $1,632,300 | $850,000 | $782,300 |
| 2023 | $12,167 | $1,632,300 | $850,000 | $782,300 |
| 2022 | $8,960 | $1,632,300 | $850,000 | $782,300 |
| 2021 | $8,865 | $1,471,400 | $833,000 | $638,400 |
| 2020 | $8,238 | $1,471,400 | $833,000 | $638,400 |
| 2019 | $8,238 | $1,471,400 | $833,000 | $638,400 |
| 2018 | $8,238 | $1,471,400 | $833,000 | $638,400 |
| 2017 | $7,481 | $1,471,400 | $833,000 | $638,400 |
| 2016 | $7,582 | $1,471,400 | $833,000 | $638,400 |
| 2015 | $7,782 | $1,471,400 | $833,000 | $638,400 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Fouty-Davis
-
Martha Springer
Buyer's Agent in 2015
Martha Springer
Twiddy and Company - Corolla
(252) 982-6045
80 in this area
109 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 87235
APN: 126A-000-0085-000B
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