567 Ocean Trail Corolla, NC 27927
Corolla Neighborhood
8
Beds
8
Baths
4,244
Sq Ft
0.45
Acres
Highlights
- In Ground Pool
- Contemporary Architecture
- Wood Flooring
- Second Refrigerator
- Cathedral Ceiling
- Hydromassage or Jetted Bathtub
About This Home
As of August 2023This beautiful property is a must-see! Meticulously maintained and well-thought-out, Coral Reef is one of Corolla's finest ocean side homes. The effective age is like new. Spacious open floor plan, inviting and packed with amenities such as the elevator, there is no need to lug groceries to the top level. The home has been freshly painted with new luxury vinyl tile, hardwood floors have just been refinished, 6 extra large master bedrooms. On the top floor the Kitchen has gorgeous maple cabinets with granite counter tops, stainless steel appliances, 2 dishwashers, range & fridge with ice maker. Open spacious great room with gas fireplace and large windows to enjoy the views. The dining room is also included with a large dining room table, and a bonus lofted sitting area. The Master bedroom has a jacuzzi tub and separate shower, his and hers sinks. Plus private entrance to outside sun deck. Mid-level features an extra large laundry room with linen closet, wrap around decks and 4 king bedrooms. Proven rentals over $70K annually and should do $80K with the new upgrades. Ground floor Rec room includes wet bar, pool table and easy entrance to the outdoor heated swimming pool, new hot tub and expansive back yard. X flood zone, no flood insurance required. Call your investors and second homeowners because this is the home for them. Home is pet friendly, has water filtration system with chlorinator and has recently installed a heater for the pool in order to generate better rentals, along with replacing all the bedding with Tommy Bahama comforters & spreads. From this central location, enjoy convenient shops, restaurants and activities available in Corolla and further south in the town of Duck. 2 new HVAC's and convection oven installed in Nov 2018. New in 2019 hardwood floors refinished and water treatment system.
Last Agent to Sell the Property
Jim Soles
Soles Realty OBX License #225412 Listed on: 10/01/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,015
Year Built
- Built in 2006
Lot Details
- Landscaped
- Level Lot
HOA Fees
- $10 Monthly HOA Fees
Parking
- Paved Parking
Home Design
- Contemporary Architecture
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 4,244 Sq Ft Home
- Elevator
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Bay Window
- Entrance Foyer
- Game Room
- Utility Room
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Ice Maker
- Second Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- En-Suite Primary Bedroom
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- Fiberglass Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Covered Deck
- Patio
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Well
- Private or Community Septic Tank
Community Details
- Ocean Sands Subdivision
Listing and Financial Details
- Tax Lot # 140
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%
Total Days on Market
150
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
$329,140
Avg. Annual Appreciation
15.30%
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 Realt
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $6,600,000 | None Listed On Document | |
| Deed | $670,000 | None Available | |
| Warranty Deed | $290,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,164,000 | New Conventional | |
| Closed | $990,000 | New Conventional | |
| Previous Owner | $134,000 | New Conventional |
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
-
Seller's Agent in 2023
Gray Berryman
Carolina Designs Realty
(252) 573-9503
46 in this area
204 Total Sales
-
Buyer's Agent in 2023
Four Seasons Realty
Four Seasons Realty
(252) 261-6664
144 in this area
373 Total Sales
-
Buyer Co-Listing Agent in 2023
Max Konstanzer
Four Seasons Realty
(252) 256-2607
60 in this area
106 Total Sales
-
J
Seller's Agent in 2019
Jim Soles
Soles Realty OBX
-
Buyer's Agent in 2019
Kim DeSocio
Howard Hanna Outer Banks Realt
(757) 450-9354
2 in this area
28 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 102134
APN: 126A-000-0140-000C
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.
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.
Nearby Homes
- 567 Ocean Trail Unit 140
- 566 Ocean Trail Unit Lot 191
- 538 Conch Crescent Unit Lot 107
- 542 Porpoise Point Unit Lot 222
- 549 White Whale Way Unit Lot 220E
- 574 Live Oak Ct
- 574 Live Oak Ct Unit Lot 81
- 584 Hunt Club Dr Unit 142
- 568 Live Oak Ct Unit Lot82
- 559 Hunt Club Dr Unit Lot 56
- 553 Trumpeter Swan Ct Unit Lot 65
- 679 Hunt Club Dr Unit Lot 225
- 677 Hunt Club Dr Unit Lot 224
- 632 Hunt Club Dr Unit Lot 174R
- 542 Historic Loop Unit Lot 412
- 642 Hunt Club Dr
- 643 Hunt Club Dr Unit Lot 262
- 518 Hunt Club Dr Unit Lot 24
- 605 Saltspray Ct Unit Lot 302
- 650 Windswept Ridge Ln Unit Lot 444