NOT LISTED FOR SALE

653 Oleander Ct Corolla, NC 27927

Estimated Value: $728,000 - $866,000

5 Beds
4.5 Baths
2,418 Sq Ft
$338/Sq Ft Est. Value

Last Sold May 22, 2023

Last sale price $860,000 $356 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,851/month

5 Days on Market

Highlights

  • Community Beach Access
  • Furnished
  • Tennis Courts
  • In Ground Pool
  • Quartz Countertops
  • Tile Flooring

About This Home

As of May 2023

Don't miss out on this bright and inviting coastal home! Relax on one of the many decks, by the pool, or in the NEW hot tub after a day spent on the wide sandy beaches in Corolla. Located near a direct beach access & stocked fishing pond this 5 bed 4.5 bath home with a reverse floor plan is perfect for a year round residence, 2nd home, or investment property. This home has had many updates over the last few years. Updates in 2020 include all updated baths with new fixtures, vanities, flooring, and mirrors; all oak trim freshly painted, in addition to a tastefully appointed and updated interior with new furnishings ,flooring, fixtures, and decor throughout. New kitchen appliances, new hot tub, and new fortified roof in 2022. *Lowest priced active listing in Ocean Sands according to the Outer Banks Association Realtors MLS as of 4/11/23* **Available to show starting 4/15/23, call/text Samantha today to set up your showing! 757-752-4203**

Last Agent to Sell the Property

Samantha Lauric

Beach Realty & Construction License #323647 Listed on: 04/11/2023

Last Buyer's Agent

Cooper Hawk

Outer Banks Realty Group License #229028

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,386

Year Built

  • Built in 2001

Lot Details

  • Property is zoned SFO

HOA Fees

  • $75 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,418 Sq Ft Home
  • Furnished
  • Gas Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Paved Parking
  • Off-Street Parking

Pool

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

Utilities

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

Listing and Financial Details

  • Tax Lot 93

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, tennis courts
  • Signature Touch Association, Phone Number (252) 441-8857
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,386

Year Built

Built in 2001

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Heading north on highway 12, take a right into Ocean Sands, Section O onto Seabird way. Go to the end of seabird way and take a left onto Ocean Lake Trail. Take your third left onto Oleander Court and the house is the second one on the right hand side.
  • Extras: Hot Tub, Outside Shower
  • Flood Zone: X
  • Subdivision Name: Ocean Sands
  • Headline: Best Price in Ocean Sands!
  • Heated Sq Ft: 2418
  • L V T Date: 04/11/2023
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: O
  • Waterfront Location: More than 5th row
  • Zoning: SFO
  • Advertised Income 2020: 42753
  • Advertised Income 2021: 62540
  • Advertised Income 2022: 66058
  • Deed Book Pg Number: 19
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C3297
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 5
  • Countertops: Quartz
  • Floor Coverings: Carpet, Tile, Wood Laminate
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Gas Fireplace
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: In Ground, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle, FORTIFIED™ Roof

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Tennis Courts
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 900
  • Hoa Contact: Signature Touch
  • HOA Contact: 252-441-8857

Lot Info

  • Lot Number: Lot 93
  • Deed Book: 1637

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Lowe Tide
  • Rental Cottage Number: OL3
  • Rental Phone Number: 252-453-3000
  • Rental Turnover Day: Saturday
  • Rental Contact Email: Kami@brindleybeach.com
  • Rental Contact Name: Kami Trusz for change of ownership.
  • Rental Contact Phone: 252-253-3123

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2022
  • Taxes: 4385.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Jul 7, 2021
Sold by
Lopresti and Lawrence
Bought by
Lopez Lawrence and Lopez Wendy
Seller's Agent
Hunter Davis
Twiddy and Company - Corolla
Buyer's Agent
Samantha Lauric
Beach Realty & Construction
List Price
$750,000
Sold Price
$710,000
Premium/Discount to List
-$40,000
-5.33%
Current Estimated Value
$817,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,977
Avg. Annual Appreciation
3.21%
Original Mortgage
$548,260
Outstanding Balance
$495,299
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$322,678

Purchase Details

Listed on
Jul 25, 2019
Closed on
Oct 2, 2020
Sold by
Michelini Eugene S and Michelini Anne F
Bought by
Lopresti Larry and Lopresti Valerie
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Brad Beacham
Landmark Sotheby's Internation
List Price
$489,000
Sold Price
$489,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.30%
Original Mortgage
$440,100
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2001
Bought by
Michelini Eugene S and Michelini Anne F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Lopez Lawrence $710,000 Sharp Graham Baker & Varnell L
Lopresti Larry $489,000 None Available
Michelini Eugene S $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Lawrence $548,260
Previous Owner Lopresti Larry $440,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2023 05/22/23 Sold $860,000 +3.6% $356 / Sq Ft
04/16/2023 04/16/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $829,900 +16.9% $343 / Sq Ft
07/12/2021 07/12/21 Sold $710,000 -5.3% $294 / Sq Ft View Prior Sale
05/30/2021 05/30/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $750,000 +53.4% $310 / Sq Ft
10/05/2020 10/05/20 Sold $489,000 0.0% $202 / Sq Ft View Prior Sale
08/07/2020 08/07/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $489,000 0.0% $202 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
05/23/2020 05/23/20 Price Changed $489,000 -2.0% $202 / Sq Ft
10/22/2019 10/22/19 Price Changed $499,000 -4.8% $206 / Sq Ft
07/25/2019 07/25/19 For Sale $524,000 -- $217 / 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
2025 $6,040 $500,600 $160,000 $340,600
2024 $6,040 $500,600 $160,000 $340,600
2023 $6,224 $500,600 $160,000 $340,600
2022 $4,386 $500,600 $160,000 $340,600
2021 $3,864 $420,200 $140,000 $280,200
2020 $3,266 $420,200 $140,000 $280,200
2019 $3,266 $420,200 $140,000 $280,200
2018 $3,309 $420,200 $140,000 $280,200
2017 $3,081 $420,200 $140,000 $280,200
2016 $2,768 $420,200 $140,000 $280,200
2015 $2,551 $420,200 $140,000 $280,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 121935

Outer Banks Association of REALTORS®

APN: 126A-000-0093-000O