NOT LISTED FOR SALE

557 Trolling Ln Corolla, NC 27927

Estimated Value: $564,000 - $695,000

4 Beds
2 Baths
1,603 Sq Ft
$409/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $630,000 $393 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,873/month

109 Days on Market

Highlights

  • Community Beach Access
  • Furnished
  • En-Suite Primary Bedroom
  • Spa
  • Covered Deck
  • Forced Air Heating and Cooling System

About This Home

As of November 2022

This Well Cared For 4BR, 2BA home is Nestled in the Trees offering Great Privacy yet it is a Very Short Walk to the Beach. It is close to the Community Tennis Courts as well as all of the Great Shops, Restaurants and Entertainment that Corolla has to offer. The Reverse Floor Plan features a Spacious Great Room with Open Kitchen, Dining and Living Area. The Juniper Accent Walls and electric Fireplace create that Warm and Welcoming feeling of a Great Beach Home. The Great room opens onto the Sun Deck with Built In Benches and stairs down to the Shaded Mid-level Deck that has plenty of seating and a Great Hot Tub. All 4 bedrooms are located on this level as well. The ground floor area is a great area to enjoy the Swings, Outdoor Shower and is a great area for kids of all ages to Play on a Rainy Day. There is also a Large Storage area under the house for all your Beach Toys, Bikes, Kayaks, Beach Chairs etc as well as your Washer & Dryer. Owner says there may be Room for a Pool. New Upstairs HVAC in 2022, Lower HVAC is 4 yrs old. New Roof 10/2021, High End Vinyl Shake Siding and LVT Flooring, Hot Tub 3 years old, New Ice Maker for fridge is on order. Short path on the south side of the house goes directly to Marlin Dr. and straight to the beach. See rental projection on file for over $60,000.

Last Agent to Sell the Property

Alex Argiroff

Keller Williams - Outer Banks License #176145 Listed on: 06/24/2022

Keller Williams - Outer Banks

Co-Listed By

Kathleen Argiroff

Keller Williams - Outer Banks License #216690

Last Buyer's Agent

Christi Bryant

Keller Williams - Outer Banks License #291064

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,743

Year Built

  • Built in 1984

Lot Details

  • 10,000 Sq Ft Lot
  • Level Lot
  • Property is zoned SFO

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,603 Sq Ft Home
  • Furnished
  • Electric Fireplace
  • Window Treatments
  • Utility Room
  • Carpet
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Unpaved Parking
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot # 251B

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, road maintenance, security
  • Robert Defazio, Sr. Association, Phone Number (252) 619-8351
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,743

Year Built

Built in 1984

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Take Marlin Dr. to left onto Trolling Ln. Driveway is on the right just past the first house.
  • Extras: Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Headline: Great Condition-Close to Beach
  • Heated Sq Ft: 1603
  • L V T Date: 06/24/2022
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: D
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: SFO
  • Advertised Income 2020: 25176
  • Advertised Income 2021: 28970
  • Advertised Income 2022: 27037
  • Deed Book Pg Number: 941
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Laminate, Solid Surface
  • Floor Coverings: Carpet, Vinyl Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Ensuite, Washer Connection, Electric Fireplace
  • Optional Rooms: Utility Room

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Vinyl
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Off Street, Unpaved

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Electric, Forced Air, Heat Pump
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Road Maintenance, Security
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 600
  • Hoa Contact: Robert DeFazio, Sr.
  • HOA Contact: 252-619-8351
  • Home Owner Dwelling Insurance: 599

Lot Info

  • Estimated Lot Sq Ft: 10000
  • Lot Description: Level
  • Lot Number: Lot# 251B
  • Estimated Lot Size: 0.23
  • Deed Book: 596

Rental Info

  • Est Annual Rental Income: 60621
  • Estimated Rental Performance: 0.0962
  • Lease Terms: Weekly
  • Poolspa Expense: 60
  • Rental Co: Carolina Shores
  • Rental Cottage Name: DOVE'S LANDING
  • Rental Cottage Number: S062
  • Rental Phone Number: 866-418-5263
  • Rental Turnover Day: SAT
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 900
  • Annual Electric: 1766
  • Annual Water Expense: 1404
  • Rental Contact Email: brenda@outerbankscarolinavacations.com
  • Rental Contact Name: Brenda McNeill
  • Rental Contact Phone: 866-418-5263

Building Info

  • Year Built: 1984

Tax Info

  • Year: 2021
  • Taxes: 2743.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Nov 9, 2022
Sold by
Medlin Roger and Medlin Mary Ann
Bought by
Adamovic Dominik and Adamovic Margaret Theresa
Seller's Agent
Alex Argiroff
Keller Williams - Outer Banks
Buyer's Agent
Christi Bryant
Keller Williams - Outer Banks
List Price
$689,900
Sold Price
$630,000
Premium/Discount to List
-$59,900
-8.68%
Current Estimated Value
$655,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,347
Avg. Annual Appreciation
1.36%
Original Mortgage
$598,500
Outstanding Balance
$579,839
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$75,508

Purchase Details

Closed on
Jul 3, 2002
Bought by
Medlin Roger and Medlin Mary A
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
Adamovic Dominik $630,000 --
Medlin Roger $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adamovic Dominik $598,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2022 11/09/22 Sold $630,000 -6.0% $393 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
09/29/2022 09/29/22 Price Changed $669,900 -2.9% $418 / Sq Ft
06/24/2022 06/24/22 For Sale $689,900 -- $430 / 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 $4,192 $348,100 $180,000 $168,100
2023 $4,192 $348,100 $180,000 $168,100
2022 $3,110 $348,100 $180,000 $168,100
2021 $2,743 $306,600 $160,000 $146,600
2020 $2,402 $306,600 $160,000 $146,600
2019 $2,399 $306,600 $160,000 $146,600
2018 $2,430 $306,600 $160,000 $146,600
2017 $2,256 $306,600 $160,000 $146,600
2016 $2,041 $306,600 $160,000 $146,600
2015 $1,887 $306,600 $160,000 $146,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119440

Outer Banks Association of REALTORS®

APN: 126A-000-251B-000D