NOT LISTED FOR SALE

565 Trolling Ln Corolla, NC 27927

Corolla Area

Estimated Value: $928,000 - $1,575,000

10 Beds
10 Baths
4,872 Sq Ft
$257/Sq Ft Est. Value

Sale Details

Date Sold: March 27, 2017

Last sale price $760,000 $156 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $7,574 / mo

214 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Second Refrigerator
  • Knotts Island Elementary School Rated 9+
  • Heated In Ground Pool
  • Cathedral Ceiling

About This Home

As of March 2017

10 Bedroom home. Rental Machine! If you are looking for an oceanside home in Corolla with great ROI, this is it! Double of everything with 2 kitchens, 2 living rooms, 2 rec rooms plus 10 bedrooms and 10 baths. Originally set up as a duplex, the property is opened up and being used as one large 10 bedroom home. At almost 5,000 square feet, there is room for everyone. Pool is VERY large and is also heated. Short walk to the beach and tennis court. Close to shopping, restaurants and golfing. This is a great rental investment property with very high rental income! 2016 Rental Income 117,923. Incredible return on investment!

Last Agent to Sell the Property

Brad Beacham

Landmark Sotheby's Internation License #194377 Listed on: 07/25/2016

Landmark Sotheby's Internation

Last Buyer's Agent

Raju Uppalapati

Outer Banks Realty Group License #187530

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,952

Year Built

  • Built in 2005

Lot Details

  • Level Lot

HOA Fees

  • $34 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 4,872 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • En-Suite Primary Bedroom
  • 10 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Spa
  • 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

  • Tax Lot 252B

Community Details

Overview

  • Association fees include management, road maintenance, tennis courts
  • Ocean Sands Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,952

Year Built

Built in 2005

Lot Details

10,019 Sq Ft Lot

HOA Fees

$34 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Section D Ocean Sands. East on Marlin Way, Left on Trolling
  • Extras: Beach Access, Boardwalk to Beach, Covered Decks, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Sun Deck
  • Flood Zone: X
  • Headline: Rental Machine...15% GRI/PP
  • Heated Sq Ft: 4872
  • L V T Date: 07/28/2016
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: D
  • Zoning: Res
  • Deed Book Pg Number: 611
  • Major Subdivision: Ocean Sands
  • Office License Number: C7166
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 10
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 10
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Wet Bar
  • Optional Rooms: Game Room

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Road Maintenance, Tennis Courts
  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 410

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 252B
  • Deed Book: 1288

Rental Info

  • Est Annual Rental Income: 123420
  • Estimated Rental Performance: 0.1624
  • Rental Co: VRBO
  • Rental Cottage Name: Corolla Paradise
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2016
  • Taxes: 3952

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2020
Sold by
Bought by
Current Estimated Value
$1,251,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,700
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2016
Closed on
Mar 22, 2017
Sold by
Bought by
Seller's Agent
Brad Beacham
Landmark Sotheby's Internation
Buyer's Agent
Raju Uppalapati
Outer Banks Realty Group
List Price
$807,000
Sold Price
$760,000
Premium/Discount to List
-$47,000
-5.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$184,000
Interest Rate
0.0416%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 27, 2014
Closed on
May 7, 2014
Sold by
Bought by
Seller's Agent
Wayne Strickland
Stellar Properties
Buyer's Agent
Laura Strickland
Stellar Properties
List Price
$614,900
Sold Price
$564,500
Premium/Discount to List
-$50,400
-8.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%
Original Mortgage
$522,325
Interest Rate
0.0437%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 27, 2014
Closed on
Apr 7, 2014
Sold by
Bought by
Seller's Agent
Wayne Strickland
Stellar Properties
Buyer's Agent
Laura Strickland
Stellar Properties
List Price
$614,900
Sold Price
$564,500
Premium/Discount to List
-$50,400
-8.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,325
Interest Rate
0.0437%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 2013
Sold by
Bought by

Purchase Details

Closed on
Apr 8, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 11, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
0.066%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 18, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$857,000
Interest Rate
0.0557%
Mortgage Type
Construction
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$760,000 Attorney
-- None Available
$564,500 None Available
$721,315 None Available
-- None Available
$1,410,000 None Available
-- None Available
$430,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $412,700
Closed $184,000
Closed $424,100
Open $3,150,000
Previous Owner $522,325
Previous Owner $522,325
Previous Owner $440,000
Previous Owner $1,000,000
Previous Owner $857,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2017 03/27/17 Sold $760,000 -5.8% $156 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
07/25/2016 07/25/16 For Sale $807,000 +43.0% $166 / Sq Ft
05/08/2014 05/08/14 Sold $564,500 -8.2% $115 / Sq Ft View Prior Sale
04/04/2014 04/04/14 Pending -- -- --
02/27/2014 02/27/14 For Sale $614,900 -- $125 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,911 $771,500 $180,000 $591,500
2024 $8,911 $771,500 $180,000 $591,500
2023 $8,897 $771,500 $180,000 $591,500
2022 $6,471 $771,500 $180,000 $591,500
2021 $5,678 $615,500 $160,000 $455,500
2020 $4,651 $615,500 $160,000 $455,500
2019 $4,673 $615,500 $160,000 $455,500
2018 $4,673 $615,500 $160,000 $455,500
2017 $4,345 $615,500 $160,000 $455,500
2016 $3,952 $615,500 $160,000 $455,500
2015 $3,633 $615,500 $160,000 $455,500
Source: Public Records

Agents Affiliated with this Home

  • Brad Beacham

    Seller's Agent in 2017

    Brad Beacham

    Landmark Sotheby's Internation

    (252) 202-6920

    156 Total Sales

    Brad Beacham
    Section Image
  • Raju Uppalapati

    Buyer's Agent in 2017

    Raju Uppalapati

    Outer Banks Realty Group

    (252) 305-0707

    1 in this area

    65 Total Sales

    Raju Uppalapati
    Section Image

  • W

    Seller's Agent in 2014

    Wayne Strickland

    Stellar Properties

    Section Image
  • Laura Strickland

    Seller Co-Listing Agent in 2014

    Laura Strickland

    Stellar Properties

    (252) 489-9218

    22 Total Sales

    Laura Strickland
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 93232

Outer Banks Association of REALTORS®

APN: 126A-000-252B-000D

North Carolina Currituck County Corolla 27927

565 Trolling Ln, Corolla, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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