NOT LISTED FOR SALE

545 Trolling Ln Corolla, NC 27927

Estimated Value: $603,697 - $672,000

4 Beds
2 Baths
1,530 Sq Ft
$417/Sq Ft Est. Value

Last Sold February 13, 2017

Last sale price $300,390 $196 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,767/month

229 Days on Market

Highlights

  • Community Beach Access
  • Cathedral Ceiling
  • Hydromassage or Jetted Bathtub
  • Saltbox Architecture
  • Wood Flooring
  • Furnished

About This Home

As of February 2017

Don't let the age of this house fool you! Most everything has been replaced in this well maintained saltbox over the last several years. Nice wood accents add to its appeal. Nothing left to do but move right in! The house is located on the north side of a Duplex lot, so there is plenty of room to add the second half of a duplex, or add a pool, or both. Or just enjoy this cream puff of a house as it is. There is ample parking, too. Located only 6 rows from the oceanfront, the beach is just a short stroll away as are the tennis courts. What a special opportunity for such a small price! NEW upper HVAC unit in 2016; NEW Hardiplank siding in 2012; NEW plumbing in 2008 (polybutelene replaced); NEW roof in 2007; New appliances, hot water heater, hardwood and tile floors in 2005; New window glass in 2000.

Last Agent to Sell the Property

Debra Price

Debbie Price, Broker License #108320 Listed on: 05/17/2016

Last Buyer's Agent

Rick Drumm

Beach Realty & Construction License #141499

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,101

Year Built

  • Built in 1988

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 90 x 100
  • Property fronts a private road
  • Cul-De-Sac
  • Lot includes common area

HOA Fees

  • $34 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Saltbox Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,530 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Screened Porch
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Sun Deck

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 202C

Community Details

Overview

  • Association fees include management, road maintenance, tennis courts, walkways
  • Bob Defazio Association, Phone Number (252) 619-8351
  • Built by Dick Busby
  • Ocean Sands Subdivision

Amenities

  • Common Area

Recreation

  • Community Beach Access
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,101

Year Built

Built in 1988

Lot Details

0

HOA Fees

$34 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Saltbox
  • Directions: Turn East into Section D on Marlin. Take 1st right on Trolling LN. House is 2nd on the left.
  • Extras: Beach Access, Ceiling Fan(s), Jet Tub, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Headline: Sweet house on a Duplex lot!
  • Heated Sq Ft: 1530
  • L V T Date: 05/17/2016
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: Section D
  • Unheated Lvarsf: 100
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 687
  • Major Subdivision: Ocean Sands
  • Office License Number: C11444
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Bedroom 1: Queen, On Level: 1
  • Bedroom 2: Queen, On Level: 2
  • Bedroom 3: Queen, On Level: 2
  • Bedroom 4: Queen, On Level: 2
  • Kitchen: On Level: 1
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile, Vinyl, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Pantry, Some Windows Treated, Washer Connection, Wet Bar
  • Dining Room: combo, On Level: 1
  • Living Room: open, On Level: 1
  • Optional Rooms: Pantry, Utility Room

Exterior Features

  • Homebuilder: Dick Busby
  • Construction: Frame, Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: yes
  • Street Frontage: 90
  • Sun Deck Size: yes

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 410
  • Hoa Contact: Bob DeFazio
  • HOA Contact: 252.619.8351
  • Home Owner Dwelling Insurance: 2649

Lot Info

  • Estimated Lot Sq Ft: 9000
  • Lot Description: Adj. To Common Area, Cul-de-sac
  • Lot Size: 90 x 100
  • Lot Number: Lot 202C
  • Deed Book: 426

Rental Info

  • Est Annual Rental Income: 16203
  • Estimated Rental Performance: 0.0539
  • Lease Terms: Weekly
  • Maintenance Expenses: 959
  • Rental Co: Carolina Shores
  • Rental Cottage Name: Tern Inn
  • Rental Cottage Number: OS 545
  • Rental Phone Number: 252.715.1901
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1693
  • Annual Electric: 1105
  • Annual Water Expense: 1003

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2016
  • Taxes: 2101.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Feb 13, 2017
Sold by
Herrmann Angela D and Herrmann Eric P
Bought by
Frank Jason Louis and Frank Michelle Mich
Seller's Agent
Debra Price
Debbie Price, Broker
Buyer's Agent
Rick Drumm
Beach Realty & Construction
List Price
$349,900
Sold Price
$300,390
Premium/Discount to List
-$49,510
-14.15%
Current Estimated Value
$638,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,034
Avg. Annual Appreciation
9.09%
Original Mortgage
$145,000
Outstanding Balance
$120,455
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$517,969

Purchase Details

Closed on
Dec 31, 1899
Bought by
Herrmann Angela D
Source: Public Records

Range of Values:

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Average Value
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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
Frank Jason Louis $300,500 Attorney
Herrmann Angela D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank Jason Louis $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2017 02/13/17 Sold $300,390 -14.1% $196 / Sq Ft
01/01/2017 01/01/17 Pending -- -- --
05/17/2016 05/17/16 For Sale $349,900 -- $229 / 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
2024 $4,182 $340,400 $170,000 $170,400
2023 $3,866 $340,400 $170,000 $170,400
2022 $3,070 $340,400 $170,000 $170,400
2021 $2,710 $317,400 $160,000 $157,400
2020 $2,493 $317,400 $160,000 $157,400
2019 $2,494 $317,400 $160,000 $157,400
2018 $0 $317,400 $160,000 $157,400
2017 $2,324 $317,400 $160,000 $157,400
2016 $2,101 $317,400 $160,000 $157,400
2015 $1,942 $317,400 $160,000 $157,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 92434

Outer Banks Association of REALTORS®

APN: 126A-000-202C-000D