NOT LISTED FOR SALE

605 Schooner Ridge Corolla, NC 27927

Corolla Area

Estimated Value: $1,509,000 - $1,945,000

6 Beds
5.5 Baths
2,780 Sq Ft
$630/Sq Ft Est. Value

Sale Details

Date Sold: December 8, 2020

Last sale price $1,170,000 $421 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $10,721 / mo

20 Days on Market

Highlights

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

About This Home

As of December 2020

Professionally decorated, updated, and well designed 6 bedroom Oceanfront vacation home, on a nicely elevated homesite, with expansive ocean / water views, high rental income, and in a convenient Corolla location! Safe stable location with better than average Ocean Views, front the entire top floor living areas! This stylish home offers modern furnishings, decor & accessories, electronics, fixtures, and finish materials. The comfortable floorplan provides an open bright living area on the top floor, looking out over the ocean, with a good sized kitchen with quartz countertops, tile backsplash, & stainless steel appliances. A loft area, half bath, fireplace with shiplap surround, master bedroom suite, with ample Oceanfront decking space, to soak in the views, complete the top floor. The mid level features 3 master suites, 2 with oceanfront deck access, foyer, laundry, and a full width of covered decking. The ground floor offers comfortable sized rec room with foosball and quartz wet bar, 2 bedrooms and a full hall bath, and carport with an exterior owners closet, dry entry. The rec room opens out with windows and a slider to large open pool and hot tub area, with modern / new vinyl fencing, and high quality Polywood deck furniture here and throughout the home. Great rental income, with room to grow, of $128,827 in it's first year with Twiddy, comfortable floorplan, wide ocean views with protective dune line, and walking distance to Harris Teeter Grocery, shops, and golf course. Additional / new pictures coming soon. This "Carpe Manana" home is available to be shown and toured on Saturdays, as with it's great combination of style and features, it's rented solid from May 16th to November. Take advantage of this ready to enjoy opportunity now!

Last Agent to Sell the Property

Mark Massey

Outer Banks Realty Group License #188389 Listed on: 08/14/2020

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,085

Year Built

  • Built in 2003

Lot Details

  • Beach Front
  • 60 Feet of Waterfront
  • Property fronts a private road

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,780 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Loft
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Covered Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot T

Community Details

Overview

  • Association fees include road maintenance, tennis courts, walkways
  • Signature Touch Association, Phone Number (252) 441-8857
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,085

Year Built

Built in 2003

Lot Details

5,227 Sq Ft Lot

HOA Fees

$50 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Shower, Dry Entry, Inside Laundry Room
  • Headline: Stylish, Views, Great Rents!
  • Heated Sq Ft: 2780
  • L V T Date: 08/14/2020
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: E
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 128827
  • Deed Book Pg Number: 817
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C25379
  • 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, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Pantry, Wet Bar
  • Optional Rooms: Game Room, Loft
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 60
  • View: Ocean
  • Water Frontage: 60

Garage/Parking

  • Garage: Carport
  • Parking: Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 600
  • Hoa Contact: Signature Touch
  • HOA Contact: 252-441-8857
  • Home Owner Dwelling Insurance: 980

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Faces: E
  • Lot Number: Lot T
  • Deed Book: 1352

Rental Info

  • Est Annual Rental Income: 121467
  • Estimated Rental Performance: 0.1038
  • Flood Expenses: 783
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Carpe Manana
  • Rental Cottage Number: G500
  • Rental Phone Number: 252-457-1100
  • Rental Turnover Day: Saturday
  • Rental Contact Name: Jen Kavanaugh

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2020
  • Taxes: 7085.13

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

Listed on
Aug 14, 2020
Closed on
Oct 15, 2020
Sold by
Bought by
Seller's Agent
Mark Massey
Outer Banks Realty Group
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$1,245,000
Sold Price
$1,170,000
Premium/Discount to List
-$75,000
-6.02%
Current Estimated Value
$1,750,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,998
Avg. Annual Appreciation
7.40%
Original Mortgage
$785,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2015
Closed on
Jan 21, 2016
Sold by
Bought by
Seller's Agent
Carolyn Bibeau
Carolyn Bibeau Real Estate Sales
Buyer's Agent
Mark Massey
Outer Banks Realty Group
List Price
$1,090,000
Sold Price
$935,000
Premium/Discount to List
-$155,000
-14.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%

Purchase Details

Closed on
Nov 20, 2002
Bought by
Source: Public Records
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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
$5,850,000 Sharp Starkey
$935,000 Attorney
$685,000 --
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
Previous Owner $785,000
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
12/08/2020 12/08/20 Sold $1,170,000 -6.0% $421 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $1,245,000 +33.2% $448 / Sq Ft
01/22/2016 01/22/16 Sold $935,000 -14.2% $338 / Sq Ft View Prior Sale
01/11/2016 01/11/16 Pending -- -- --
06/07/2015 06/07/15 For Sale $1,090,000 -- $394 / 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 $12,670 $1,119,700 $770,000 $349,700
2024 $12,670 $1,119,700 $770,000 $349,700
2023 $12,654 $1,119,700 $770,000 $349,700
2022 $9,126 $1,119,700 $770,000 $349,700
2021 $7,972 $972,700 $700,000 $272,700
2020 $7,085 $972,700 $700,000 $272,700
2019 $7,076 $972,700 $700,000 $272,700
2018 $0 $972,700 $700,000 $272,700
2017 $6,661 $972,700 $700,000 $272,700
2016 $5,892 $972,700 $700,000 $272,700
2015 $5,405 $972,700 $700,000 $272,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110569

Outer Banks Association of REALTORS®

APN: 126A-000-000T-000E

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