567 Ocean Trail Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $1,210,155 - $1,603,000
8
Beds
8
Baths
4,179
Sq Ft
$346/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Second Refrigerator
- Cathedral Ceiling
- In Ground Pool
- Contemporary Architecture
- Wood Flooring
About This Home
As of August 2023With an ELEVATOR, 8 bedrooms and a huge grassy back yard, Coral Reef is treasure of a home that will not last long! This is an exciting and unique find for rental investment or personal use with this combination of size, amenities and price! On the top floor, the great room has huge windows, stunning site lines and 12 foot cathedral ceilings framing the open living room, dining room and kitchen. All the boxes are checked: Granite, stainless appliances, oak and tile floors. The deck overlooks the private pool and huge back yard. The primary ensuite bedroom on this floor has cathedral ceilings, deck access and a huge bathroom with a tile shower, tub and double vanities. The midlevel has 4 king bedrooms with 2 featuring ensuite baths. The laundry on this level has owner storage and plenty of room and light. The large foyer is welcoming and the midlevel has covered decks that wrap the home on three sides! The ground floor has an ensuite king bedroom, and two more bedrooms sharing a full bath. There is a large game room with great natural light and a pool table! There is comfortable seating on the wrap around couch and the wet bar is super convenient to keep everyone supplied with cold drinks. The half bath is convenient to the pool and outdoor areas. Outside, the home has great curb appeal, plenty of parking and attractive tropical landscaping. The huge lot and beautiful live oaks provide unmatched privacy! The 14’ x 30’ outdoor pool and hot tub is sited for sun and fun. The large grassy backyard is unique and is the perfect place to frolic with family. Don’t miss out on the fun at Coral Reef...plan on coming to check it out on Sunday!
Last Agent to Sell the Property
Carolina Designs Realty License #214315 Listed on: 07/25/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,294
Year Built
- Built in 2006
Lot Details
- 0.45 Acre Lot
- Landscaped
- Level Lot
- Property is zoned SFO
HOA Fees
- $75 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Reverse Style Home
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 4,179 Sq Ft Home
- Elevator
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Entrance Foyer
- Game Room
- Utility Room
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Ice Maker
- Second Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Parking
- Paved Parking
- Off-Street Parking
Pool
- In Ground Pool
- Fiberglass Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Covered Deck
- Exterior Lighting
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Well
- Fuel Tank
- Private or Community Septic Tank
Listing and Financial Details
- Tax Lot 140
Community Details
Overview
- Association fees include walkways
- Signature Touch Association, Phone Number (252) 441-8857
- Built by Doug Davenport
- Ocean Sands Subdivision
Recreation
- Community Beach Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 25, 2023
Closed on
Aug 16, 2023
Sold by
Meads Steven W and Meads Cheryl D
Bought by
Hill Keith B and Hill Lindy R
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$995,000
Sold Price
$1,100,000
Premium/Discount to List
$105,000
10.55%
Views
54
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
$347,789
Avg. Annual Appreciation
17.78%
Original Mortgage
$990,000
Interest Rate
6.08%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 1, 2018
Closed on
Mar 29, 2019
Sold by
Davenport Douglas W
Bought by
Meads Steven W and Meads Cheryl D
Seller's Agent
Jim Soles
Soles Realty OBX
Buyer's Agent
Kim DeSocio
Howard Hanna Outer Banks Realty
List Price
$689,000
Sold Price
$670,000
Premium/Discount to List
-$19,000
-2.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.96%
Original Mortgage
$134,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 26, 2005
Sold by
Gaskill Dallas B and Scott Marlin H
Bought by
Davenport Douglas W
Similar Homes in Corolla, NC
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 |
|---|---|---|---|
| Hill Keith B | $6,600,000 | None Listed On Document | |
| Meads Steven W | $670,000 | None Available | |
| Davenport Douglas W | $290,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hill Keith B | $1,164,000 | |
| Closed | Hill Keith B | $990,000 | |
| Previous Owner | Meads Steven W | $134,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2023 08/28/23 | Sold | $1,100,000 | +10.6% | $263 / Sq Ft |
| 07/31/2023 07/31/23 | Pending | -- | -- | -- |
| 07/25/2023 07/25/23 | For Sale | $995,000 | +48.5% | $238 / Sq Ft |
| 04/09/2019 04/09/19 | Sold | $670,000 | -1.3% | $158 / Sq Ft |
| 02/28/2019 02/28/19 | Pending | -- | -- | -- |
| 02/13/2019 02/13/19 | Price Changed | $679,000 | -0.7% | $160 / Sq Ft |
| 01/18/2019 01/18/19 | Price Changed | $684,000 | -0.7% | $161 / Sq Ft |
| 11/30/2018 11/30/18 | Price Changed | $689,000 | -1.4% | $162 / Sq Ft |
| 10/15/2018 10/15/18 | Price Changed | $699,000 | +1.5% | $165 / Sq Ft |
| 10/01/2018 10/01/18 | For Sale | $689,000 | -- | $162 / 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 | $5,763 | $723,400 | $120,000 | $603,400 |
| 2023 | $5,763 | $723,400 | $120,000 | $603,400 |
| 2022 | $4,295 | $723,400 | $120,000 | $603,400 |
| 2021 | $4,264 | $681,100 | $170,000 | $511,100 |
| 2020 | $4,015 | $681,100 | $170,000 | $511,100 |
| 2019 | $4,015 | $681,100 | $170,000 | $511,100 |
| 2018 | $4,015 | $681,100 | $170,000 | $511,100 |
| 2017 | $3,642 | $681,100 | $170,000 | $511,100 |
| 2016 | $3,642 | $681,100 | $170,000 | $511,100 |
| 2015 | $3,642 | $681,100 | $170,000 | $511,100 |
Source: Public Records
Agents Affiliated with this Home
-
Gray Berryman
Seller's Agent in 2023
Gray Berryman
Carolina Designs Realty
(252) 573-9503
47 in this area
209 Total Sales
-
Four Seasons Realty
Buyer's Agent in 2023
Four Seasons Realty
Four Seasons Realty
(252) 261-6664
147 in this area
381 Total Sales
-
Max Konstanzer
Buyer Co-Listing Agent in 2023
Max Konstanzer
Four Seasons Realty
(252) 256-2607
62 in this area
109 Total Sales
-
Seller's Agent in 2019
Jim Soles
Soles Realty OBX
(252) 441-7095
-
Kim DeSocio
Buyer's Agent in 2019
Kim DeSocio
Howard Hanna Outer Banks Realty
(757) 450-9354
2 in this area
28 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 122904
APN: 126A-000-0140-000C
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