$196,000
SOLD MAR 13, 2018

622 Sea Oats Ct Unit B6 Corolla, NC 27927

Corolla Neighborhood
2 Beds
2 Baths
999 Sq Ft
958 Sq Ft Lot

Recently Sold

$196 Per Sq Ft

4% Below List Price

246 Days on Market

Highlights

  • Outdoor Pool
  • Tennis Courts
  • En-Suite Primary Bedroom
  • Furnished
  • Walk-In Closet
  • Ceramic Tile Flooring

About This Home

As of March 2022

Cozy Cabana was recently entered in the rental program, 2018 gross rental projection from May-September is $21,100.00, what a great investment! Location, location, location, this condo is only 4 lots to the gorgeous Corolla beaches, now that's a short walk! What great amenities, Indian Summer community offers a pool, hot tub and pavilion. And what a lovely view from the deck! Tennis anyone? You’ll find the tennis court just down the street. Located in Section F of Ocean Sands in Corolla and situated near shops, restaurants and the historic district, this beautiful condo is in pristine condition and was used until recently as a second home. Turnkey, fully equipped, sleep at least 7, you'll find a spacious master bedroom, a master bathroom, a walk in closet and two windows. Open, cozy and bright the living room overlooks the community pool and hot tub and walks onto a private, gated 10 X 27 deck equipped with new patio furniture and ready for your enjoyment Located on the second floor, you will never have to worry about anyone above you. This condo has its own storage area and can park up to 4 cars. Unlike many, this 999 square foot condo feels open and wide. You'll find an inviting dining room, a fully equipped and spacious kitchen with a generous pantry, the laundry closet offers a full size washer (new) and dryer, and yes you heard me, full size and a water heater. The second bedroom is also quite spacious, you'll find a convenient full bathroom and deep linen closed in the hallway. Ceramic flooring in the kitchen and bathrooms, neutral carpeting throughout, the owner is in the process of painting the wood paneling for a fresh new look. Coffee does taste better stretched out on the deck overlooking the pool and spa.

Last Agent to Sell the Property

Johanna Holcomb

Coldwell Banker Seaside Realty KH License #224301 Listed on: 05/23/2017

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Kathy Sawyer

Village Realty Holdings, LLC - Corolla License #88741

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,364

Year Built

  • Built in 1987

HOA Fees

  • $459 Monthly HOA Fees

Home Design

  • Property Attached
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 999 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Tuck Under Parking
  • Paved Parking

Outdoor Features

  • Outdoor Pool
  • Sun Deck
  • Storage Shed

Utilities

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

Community Details

Overview

  • Association fees include building maintenance, common insurance, flood insurance, management, pool, road maintenance, sewer/septic, tennis courts, water
  • Mark Palsha: 757.793.1216 Association
  • Indian Summer Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,364

Year Built

Built in 1987

Lot Details

0

HOA Fees

$459 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: Ocean Sands/Section F, right on Sandfidller Trail. Left on Surf Song Lane, right on Sea Oats, building on right, unit B6.
  • Extras: Ceiling Fan(s), Smoke Detector(s), Storage Shed, Storm Doors, Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Indian Summer Condos
  • Headline: Steps to the Ocean-
  • Heated Sq Ft: 999
  • L V T Date: 05/23/2017
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: F
  • Unit Level Number: 2
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res.
  • Deed Book Pg Number: 297
  • Major Subdivision: Ocean Sands
  • Office License Number: C7166
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Ensuite, Pantry, Walk in Closet

Exterior Features

  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Insurance, Flood Insurance, Management, Pool, Road Maintenance, Sewer/Septic, Tennis Courts, Water
  • Condo Type: Attached
  • Association Amenities: Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 5510
  • Hoa Contact: Mark Palsha: 757.793.1216
  • HOA Contact: HOA President

Lot Info

  • Deed Book: 1226

Rental Info

  • Est Annual Rental Income: 20100
  • Estimated Rental Performance: 0.1026
  • Lease Terms: Weekly
  • Other Insurance Expenses: 488
  • Rental Co: Carolina Shores
  • Rental Cottage Name: Cozy Cabana
  • Rental Cottage Number: OS622
  • Rental Phone Number: 252.715.1901
  • Rental Turnover Day: Sat-
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1440
  • Annual Electric: 660
  • Rental Contact Email: john@outerbankscarolinavacations.com
  • Rental Contact Name: Carolina Shores Vacation Rentals
  • Rental Contact Phone: 866.418.5263

Building Info

  • Year Built: 1987

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2017
  • Taxes: 1364

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2022
Closed on
Mar 8, 2022
Sold by
Kehoya75 Investments Llc
Bought by
Mynes Michael Scott and Elliot Joy Nicole
Seller's Agent
Mike Bishal
Great Escapes Vacations & Sales
Buyer's Agent
Melissa Curry
SAGA Realty and Construction
List Price
$359,000
Sold Price
$360,000
Premium/Discount to List
$1,000
0.28%
Current Estimated Value
$535,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,290
Avg. Annual Appreciation
12.81%
Original Mortgage
$270,000
Outstanding Balance
$254,024
Interest Rate
3.55%
Mortgage Type
Balloon
Estimated Equity
$281,266

Purchase Details

Listed on
May 23, 2017
Closed on
Feb 16, 2018
Sold by
Yost Trevor D and Yost Edward H
Bought by
Gibboins Millard P and Gibboins Pamela R
Seller's Agent
Johanna Holcomb
Coldwell Banker Seaside Realty KH
Buyer's Agent
Kathy Sawyer
Village Realty Holdings, LLC - Corolla
List Price
$204,900
Sold Price
$196,000
Premium/Discount to List
-$8,900
-4.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.46%

Purchase Details

Closed on
Nov 13, 2012
Sold by
Leroy Phillip A and Leroy Kay P
Bought by
Yost Edward H and Yost Coleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
3.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $360,000 Casey & Robbins Pc
Warranty Deed $196,500 None Available
Warranty Deed $206,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,000 Balloon
Closed $270,000 Balloon
Previous Owner $164,800 New Conventional
Closed $0 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $360,000 +0.3% $360 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/05/2022 02/05/22 For Sale $359,000 +83.2% $359 / Sq Ft
03/13/2018 03/13/18 Sold $196,000 -4.3% $196 / Sq Ft
01/24/2018 01/24/18 Pending -- -- --
05/23/2017 05/23/17 For Sale $204,900 -- $205 / 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 $2,508 $204,600 $88,000 $116,600
2023 $2,508 $204,600 $88,000 $116,600
2022 $1,997 $204,600 $88,000 $116,600
2021 $1,778 $192,100 $80,000 $112,100
2020 $1,595 $192,100 $80,000 $112,100
2019 $1,595 $192,100 $80,000 $112,100
2018 $1,615 $192,100 $80,000 $112,100
2017 $1,499 $192,100 $80,000 $112,100
2016 $1,364 $192,100 $80,000 $112,100
2015 $1,268 $192,100 $80,000 $112,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 96511

Outer Banks Association of REALTORS®

APN: 126F-000-0B6U-000F