NOT LISTED FOR SALE

602 Schooner Ridge Corolla, NC 27927

Estimated Value: $759,000 - $940,000

4 Beds
2 Baths
1,584 Sq Ft
$518/Sq Ft Est. Value

Last Sold March 23, 2012

Last sale price $465,000 $294 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,844/month

7 Days on Market

Highlights

  • Community Beach Access
  • Second Refrigerator
  • Furnished
  • Ocean Front
  • Cathedral Ceiling
  • Tennis Courts

About This Home

As of March 2012

Expansive ocean views to the south open space from this home that is only 1 lot back from the oceanfront. owners have maintained this popular rental with extreme attention to the needs of their rental guests as well as their desire to have a comfortable second home in the off season. A short 50 yard stroll will take you right to the beach. Do not pass up looking inside this well kept home. It could be the sleeper you are looking for. We have the floor plans in the event you want to enlarge.

Last Agent to Sell the Property

Anna Sadler

Atlantic Realty License #103398 Listed on: 01/26/2012

Co-Listed By

Barbara Connery

Default, Office License #143634

Last Buyer's Agent

Rick Drumm

Beach Realty & Construction License #141499

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,322

Year Built

  • Built in 1985

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • Ocean Front
  • Property fronts a private road
  • Lot includes common area
  • Level Lot

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,584 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Covered Deck
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include common insurance, management, road maintenance, security, tennis courts, walkways
  • Bob Defazio Association, Phone Number (252) 453-2105
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,322

Year Built

Built in 1985

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: NC 12 to Sect E. Turn east on Schooner, then right on Mainsail, take next left, 3rd house on right.
  • Extras: Ceiling Fan(s), Covered Decks, Outside Lighting, Outside Shower, Smoke Detector(s)
  • Flood Zone: AE
  • Headline: Fantastic Ocean Views
  • Heated Sq Ft: 1584
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: E
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 746
  • Major Subdivision: Ocean Sands
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s), Pantry, Wood Fireplace
  • Optional Rooms: Utility Room

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding, Wood
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 60
  • View: Ocean

Garage/Parking

  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Management, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 350
  • Hoa Contact: Bob Defazio
  • HOA Contact: 252-453-2105
  • Home Owner Dwelling Insurance: 2993

Lot Info

  • Estimated Lot Sq Ft: 6000
  • Lot Description: Adj. To Common Area, Level
  • Lot Size: 60 x 100
  • Lot Number: Lot X
  • Deed Book: 252

Rental Info

  • Est Annual Rental Income: 16721
  • Estimated Rental Performance: 0.036
  • Flood Expenses: 1992
  • Lease Terms: Weekly
  • Other Expenses: 500000
  • Rental Co: Stan White Realty & Const
  • Rental Cottage Name: Gentle Winds
  • Rental Cottage Number: OE 602
  • Rental Phone Number: 453-6131
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual

Building Info

  • Year Built: 1985

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 2322

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2012
Closed on
Mar 23, 2012
Sold by
Wimpley James Frank and Wimpley Linda D
Bought by
Stopa Gary W and Stopa Diane L
Seller's Agent
Anna Sadler
Atlantic Realty
Buyer's Agent
Rick Drumm
Beach Realty & Construction
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%
Current Estimated Value
$820,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,599
Avg. Annual Appreciation
4.27%
Original Mortgage
$348,750
Outstanding Balance
$44,699
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$775,900
Source: Public Records

Range of Values:

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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
Stopa Gary W $465,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stopa Gary W $348,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2012 03/23/12 Sold $465,000 -2.1% $294 / Sq Ft
02/02/2012 02/02/12 Pending -- -- --
01/26/2012 01/26/12 For Sale $475,000 -- $300 / 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 $5,585 $470,000 $280,000 $190,000
2023 $5,585 $470,000 $280,000 $190,000
2022 $4,092 $470,000 $280,000 $190,000
2021 $3,598 $399,400 $225,000 $174,400
2020 $3,089 $399,400 $225,000 $174,400
2019 $3,093 $399,400 $225,000 $174,400
2018 $3,133 $399,400 $225,000 $174,400
2017 $2,911 $374,800 $225,000 $149,800
2016 $2,482 $374,800 $225,000 $149,800
2015 $2,290 $374,800 $225,000 $149,800
Source: Public Records

Agents Affiliated with this Home

  • Anna Sadler

    Seller's Agent in 2012

    Anna Sadler

    Atlantic Realty

    (252) 202-5264

    3 in this area

    21 Total Sales

    Anna Sadler
    Section Image

  • B

    Seller Co-Listing Agent in 2012

    Barbara Connery

    Default, Office

  • Rick Drumm

    Buyer's Agent in 2012

    Rick Drumm

    Beach Realty & Construction

    (252) 305-9999

    13 in this area

    82 Total Sales

    Rick Drumm
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 73268

Outer Banks Association of REALTORS®

APN: 126A-000-000X-000E

North Carolina Currituck County Corolla 27927

602 Schooner Ridge, Corolla, NC

This home is located at 602 Schooner Ridge, Corolla, NC 27927 since 26 January 2012 and is currently estimated at $820,599, approximately $518 per square foot. This property was built in 1985. 602 Schooner Ridge is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

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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