PENDING
$17K PRICE DROP
632 Grebe Ct Unit 9 Corolla, NC 27927
Corolla NeighborhoodEstimated payment $3,375/month
Total Views
10,399
4
Beds
2
Baths
1,458
Sq Ft
$383
Price per Sq Ft
Highlights
- Outdoor Pool
- Cul-De-Sac
- Wood Siding
- Tennis Courts
- Level Lot
- Carpet
About This Home
AWESOME LOCATION! LOWEST PRICED OCEANSIDE HOME IN COROLLA! INCOME POTENTIAL UP TO $60K W/ SOME IMPROVEMENTS! SHORT WALK TO BEACH AND COMMUNITY POOL! Discover the perfect blend of potential and location with this classic 4-bedroom beach home nestled in the sought-after Ocean Sands community of Corolla. Whether you're looking for a second home or a smart investment property, this charming retreat is full of opportunity. New roof in 2023. Kitchen appliances were replaced last year with stainless steel, offering a head start on modernizing the space while leaving plenty of room to add your own personal touches and style. With a little vision and creativity, you can transform this property into your ideal coastal escape or a standout vacation rental. Located just a short walk to the beautiful, wide beaches of Corolla, the home also includes the option to be a member of the Ocean Lakes pool and tennis courts which is limited—adding value for both your family and your guests and giving you an advantage other homes don't have, as well as giving you a pool without the expense of maintaining your own! Membership is just $925/yr. Ocean Sands is a favorite destination for vacationers, thanks to its prime location near shopping, dining, and family-friendly activities. The popular Timbuck II Shopping Center, mini golf, and Food Lion are all just minutes away, making it a convenient and attractive spot for visitors year after year. It has never been in a rental program so the home is lightly used. And since it's not in a rental program...lots of opportunity! Enjoy it this summer or put in a rental program to get some income! Rental Income projections of up to $44K as is or up to $60K with some improvements!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,225
Year Built
- Built in 1985
Lot Details
- Property fronts a private road
- Cul-De-Sac
- Level Lot
- Property is zoned SFO
Home Design
- Reverse Style Home
- Frame Construction
- Wood Siding
- Piling Construction
Interior Spaces
- 1,458 Sq Ft Home
- Carpet
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Pool
- Outdoor Pool
Utilities
- Heat Pump System
- Municipal Utilities District Water
- Shared Septic
Community Details
Overview
- Association fees include management
- Ocean Sands Subdivision
Recreation
- Tennis Courts
- Community Pool
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,225 | $330,800 | $150,000 | $180,800 |
| 2023 | $4,225 | $330,800 | $150,000 | $180,800 |
| 2022 | $3,116 | $330,800 | $150,000 | $180,800 |
| 2021 | $2,737 | $300,400 | $135,000 | $165,400 |
| 2020 | $2,400 | $300,400 | $135,000 | $165,400 |
| 2019 | $2,400 | $300,400 | $135,000 | $165,400 |
| 2018 | $2,431 | $300,400 | $135,000 | $165,400 |
| 2017 | $2,262 | $300,400 | $135,000 | $165,400 |
| 2016 | $2,045 | $300,400 | $135,000 | $165,400 |
| 2015 | $1,890 | $300,400 | $135,000 | $165,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | Pending | -- | -- | -- |
| 07/01/2025 07/01/25 | Price Changed | $559,000 | -2.9% | $383 / Sq Ft |
| 06/16/2025 06/16/25 | For Sale | $575,900 | 0.0% | $395 / Sq Ft |
| 06/11/2025 06/11/25 | Off Market | $575,900 | -- | -- |
| 06/04/2025 06/04/25 | For Sale | $575,900 | 0.0% | $395 / Sq Ft |
| 04/28/2025 04/28/25 | Off Market | $575,900 | -- | -- |
| 04/25/2025 04/25/25 | For Sale | $575,900 | 0.0% | $395 / Sq Ft |
| 04/24/2025 04/24/25 | Off Market | $575,900 | -- | -- |
| 04/07/2025 04/07/25 | For Sale | $575,900 | -- | $395 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | $210,000 | -- |
Source: Public Records
Similar Homes in Corolla, NC
Source: Outer Banks Association of REALTORS®
MLS Number: 128889
APN: 126A-000-0009-000H
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