505 Ocean Way Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $960,886 - $1,081,000
5
Beds
4
Baths
2,364
Sq Ft
$426/Sq Ft
Est. Value
Highlights
- Ocean Front
- Cathedral Ceiling
- Cul-De-Sac
- In Ground Pool
- Furnished
- Covered Deck
About This Home
As of September 2020ONE OF THE BEST LOCATIONS ON THE OUTER BANKS! GORGEOUS VIEWS WITHOUT THE MAINTENANCE OF AN OCEANFRONT HOME! SOUGHT AFTER SECTION A OF OCEAN SANDS! HUGE LOT! UNCROWDED BEACHES! POOL & HOT TUB! The Oasis offers 5 bedrooms, 4 baths and over 2300 sq ft of living space! The huge 16' x 24' pools calls you in after a hot day at the beach to cool off and relax. 2017 brought new kitchen cabinets and beautiful granite countertops. A new hot tub was added in 2018. You will absolutely adore dining on the screened in porch and enjoying amazing sunrises from the front deck! this section has large lots which mean less guests and more room on the beach! 2018 updates include hot tub and both hvac units. Pool liner was replaced in 2019. ALREADY $50,000 BOOKED FOR 2020 AS OF JANUARY 10TH!!
Last Agent to Sell the Property
EXP Realty, LLC - Coastal License #187811 Listed on: 03/20/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,660
Year Built
- Built in 1989
Lot Details
- Ocean Front
- Cul-De-Sac
HOA Fees
- $8 Monthly HOA Fees
Home Design
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
Interior Spaces
- 2,364 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Window Treatments
- Ocean Views
Kitchen
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Tuck Under Parking
- Paved Parking
Pool
- In Ground Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Covered Deck
- Exterior Lighting
Utilities
- Heat Pump System
- Municipal Utilities District Water
- Private or Community Septic Tank
Community Details
- Osspoa Association, Phone Number (252) 453-8559
- Ocean Sands Subdivision
Listing and Financial Details
- Tax Lot 31
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 20, 2019
Closed on
Sep 21, 2020
Sold by
A & P Associates Llp
Bought by
Behringer Jeffrey Jospeh and Behringer Rebecca Schalk
Seller's Agent
Randy Jones
EXP Realty, LLC - Coastal
Buyer's Agent
Chelsea Jordan
Coldwell Banker Seaside Realty KH
List Price
$639,755
Sold Price
$597,000
Premium/Discount to List
-$42,755
-6.68%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,222
Avg. Annual Appreciation
12.05%
Original Mortgage
$510,400
Outstanding Balance
$457,281
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$567,530
Purchase Details
Closed on
Feb 23, 2007
Sold by
Bracewell Joseph A and Bracewell Peggy D
Bought by
A & P Associates Llp
Similar Homes in Corolla, NC
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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 |
|---|---|---|---|
| Behringer Jeffrey Jospeh | $597,000 | None Available | |
| A & P Associates Llp | $800,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Behringer Jeffrey Jospeh | $510,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/21/2020 09/21/20 | Sold | $597,000 | -6.7% | $253 / Sq Ft |
| 09/13/2020 09/13/20 | For Sale | $639,755 | 0.0% | $271 / Sq Ft |
| 08/06/2020 08/06/20 | Pending | -- | -- | -- |
| 06/28/2020 06/28/20 | For Sale | $639,755 | +7.2% | $271 / Sq Ft |
| 06/24/2020 06/24/20 | Off Market | $597,000 | -- | -- |
| 05/29/2020 05/29/20 | Pending | -- | -- | -- |
| 10/31/2019 10/31/19 | For Sale | $639,755 | 0.0% | $271 / Sq Ft |
| 10/12/2019 10/12/19 | Pending | -- | -- | -- |
| 03/20/2019 03/20/19 | For Sale | $639,755 | -- | $271 / 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 |
|---|---|---|---|---|
| 2024 | $5,068 | $645,000 | $400,000 | $245,000 |
| 2023 | $5,068 | $645,000 | $400,000 | $245,000 |
| 2022 | $3,794 | $645,000 | $400,000 | $245,000 |
| 2021 | $3,779 | $629,100 | $420,000 | $209,100 |
| 2020 | $3,660 | $629,100 | $420,000 | $209,100 |
| 2019 | $3,660 | $629,100 | $420,000 | $209,100 |
| 2018 | $0 | $629,100 | $420,000 | $209,100 |
| 2017 | $3,320 | $629,100 | $420,000 | $209,100 |
| 2016 | $3,320 | $629,100 | $420,000 | $209,100 |
| 2015 | -- | $629,100 | $420,000 | $209,100 |
Source: Public Records
Agents Affiliated with this Home
-
Randy Jones
Seller's Agent in 2020
Randy Jones
EXP Realty, LLC - Coastal
(252) 202-2573
31 in this area
116 Total Sales
-
Lynn Sherman
Seller Co-Listing Agent in 2020
Lynn Sherman
EXP Realty, LLC - Coastal
(252) 305-0222
30 in this area
110 Total Sales
-
Chelsea Jordan
Buyer's Agent in 2020
Chelsea Jordan
Coldwell Banker Seaside Realty KH
(252) 207-6659
6 in this area
64 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 104276
APN: 126A-000-0031-000A
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