NOT LISTED FOR SALE

Estimated Value: $1,307,000 - $1,713,000

6 Beds
3.5 Baths
2,891 Sq Ft
$547/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $935,000 $323 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $9,487/month

73 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Second Refrigerator
  • Community Beach Access
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of January 2020

PRICED RIGHT with NEW WINDOWS & MORE RECENT UPDATES! Own on the OCEANFRONT in X ZONE for under $1M with an expected 13.6% ROI! Property has stayed dry storm after storm, unlike many neighboring homes! Used for the past years as a second home, but has rented beautifully in the past. RENTAL INCOME PROJECTED at $136,000+Advertised. Newly UPDATED KITCHEN with GRANITE, NEW CABINETRY, and brand NEW STAINLESS STEEL APPLIANCES! Seller has lovingly maintained and constantly improved the home. New Exterior siding in 2016, NEW exterior stairs and Decking with built-in seating 2016. This Bright & fresh, friendly-feeling oceanfront brings a colorful and airy vibe with plenty of updates. EASY BEACH ACCESS at LIFEGUARDED BEACH. The top-level living space is delightful, greeting you with 180 DEGREE breath-taking OCEAN VIEWS. The open generously-sized main living space hosts a sweet Ship's watch with ample built-in bench-style seating and recliner, the perfect place to take in the sunrise over morning coffee, curl up with a book or to lounge with friends while dolphin watching. You'll find a large well-stocked, ceramic-tiled kitchen with gorgeous granite countertops and bar with additional stool-style seating, a built-in countertop-indoor-grill perfect for roasting your oysters, a wine cooler, and more. The living area and dining room boast durable LVT flooring, leather sofas, a cozy gas fire place, LED Flatscreen TV, DVD, Stereo, large dining table and NEW Anderson windows and doors which lead to a 280 sq ft sundeck space with built-in seating. A quaint loft overlooks the Great room living space and offers yet additional ocean views whether relaxing and reading, lounging in front of tv, or working at the built-in workspace. The middle level of the home features four spacious bedrooms with adjoining baths and also features the NEW LVT Flooring throughout. The two king bedrooms offer access to oceanfront decks with ocean views and the two additional bedrooms are established as twin and bunk suites. The lower level offers a game room with extra refrigerator, sitting area with TV/gaming system and access to the pool patio featuring a spacious pool deck perfect for entertaining, an eight person hot tub (2013), ceramic-tiled wet bar with mini fridge, outdoor lighting, large picnic table, large charcoal grill, 3 outdoor showers (2 enclosed), fish cleaning station and nicely sized 14 x 26 pool with light, perfect for night swimming. The beach path is easily accessed from the rear pool gate making beach going a breeze and the Lifeguarded beach provides peace of mind. The ground floor of the home also hosts two additional bedrooms, one king with semi-private bath and one queen, both offering private access to the pool patio and all of its amenities. There is a laundry closet with newer washer and dryer and a second owners' closet for storage under the stairs. Improvements include: Windows Fall 2019. The previously mentioned Kitchen cabinet Refacing and New SS Appliances (2018), Low-Maintenance Vinyl Siding, decks and sand filter for pool (2016), LVT flooring, washer & dryer, electric stove (2015), All TVs/DVD players, microwave, hot tub and wifi operated front door lock (2013), 2 new heat pumps & 1 Air handler, Bar and downstairs refrigerators & stair carpeting (2012). Enjoy the newly constructed bike paths and the close proximity Section Q puts you to Timbuck II for your shopping and dining pleasure in the heart of Corolla! Easy to show with no renters! Don't let this deal get away! ****To view aerial drone video please copy and paste below link: https://youtu.be/ePge0KMhKEQp

Last Agent to Sell the Property

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 10/10/2019

Coldwell Banker Seaside Realty - KDH

Co-Listed By

Kiirsten Farr

Coldwell Banker Seaside Realty - KDH License #276883

Last Buyer's Agent

Stephanie Walker

Stephanie Walker and Associates License #110099

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,990

Year Built

  • Built in 1989

Lot Details

  • 7,000 Sq Ft Lot
  • Beach Front
  • Property fronts a private road
  • Fenced Yard

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,891 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Loft
  • Game Room
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Indoor Grill
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Disposal

Flooring

  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 64

Community Details

Overview

  • Association fees include common electric, common insurance, management, road maintenance, walkways
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,990

Year Built

Built in 1989

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Make Right onto Driftwood Way at Ocean Sands Section Q, follow directly to end of street.
  • Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Subdivision Name: Ocean Sands
  • Headline: 13+%ROI! No Flood Hist! X Zone
  • Heated Sq Ft: 2891
  • L V T Date: 10/10/2019
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: Q
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 263
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Indoor Grill, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator, Wine Cooler
  • Bedrooms: 6
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 1
  • Bedroom 5: On Level: Ground
  • Bedroom 6: On Level: Ground
  • Kitchen: On Level: 2
  • Countertops: Granite
  • Electronic Locks: Owned
  • Floor Coverings: Concrete, Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Wet Bar
  • Dining Room: On Level: 2
  • Game Room: On Level: Ground
  • Living Room: On Level: 2
  • Optional Rooms: Game Room, Loft, Office
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Gunite, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling: Central, Zoned
  • Heating: Electric, Heat Pump
  • Fuel Tanks: Owned
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Road Maintenance, Walkways
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 480
  • Home Owner Dwelling Insurance: 604

Lot Info

  • Estimated Lot Sq Ft: 7000
  • Lot Description: Beach Frontage
  • Lot Faces: E
  • Lot Size: approx. 7000 sq/ft
  • Lot Number: Lot 64
  • Estimated Lot Size: 0.16
  • Deed Book: 1192

Rental Info

  • Est Annual Rental Income: 136470
  • Estimated Rental Performance: 0.146
  • Flood Expenses: 2586

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2019
  • Taxes: 6990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2019
Closed on
Jan 13, 2020
Sold by
Salhab Naji and Salhab Raine
Bought by
Magnotta Joseph S and Magnotta Erin Ann
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Stephanie Walker
Stephanie Walker and Associates
List Price
$999,900
Sold Price
$935,000
Premium/Discount to List
-$64,900
-6.49%
Current Estimated Value
$1,580,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$645,708
Avg. Annual Appreciation
9.29%
Original Mortgage
$748,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Magnotta Joseph S $935,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magnotta Joseph S $100,000
Open Magnotta Joseph S $755,781
Closed Magnotta Joseph S $748,000
Previous Owner Delfosse Claude M $1,222,975
Previous Owner Delfosse Claude M $277,025
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $935,000 -6.5% $323 / Sq Ft
12/22/2019 12/22/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $999,900 -- $346 / 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 $10,811 $943,600 $770,000 $173,600
2023 $10,811 $943,600 $770,000 $173,600
2022 $7,812 $943,600 $770,000 $173,600
2021 $6,830 $959,700 $700,000 $259,700
2020 $6,990 $959,700 $700,000 $259,700
2019 $6,982 $959,700 $700,000 $259,700
2018 $7,079 $959,700 $700,000 $259,700
2017 $6,572 $959,700 $700,000 $259,700
2016 $5,892 $959,700 $700,000 $259,700
2015 -- $959,700 $700,000 $259,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 106891

Outer Banks Association of REALTORS®

APN: 126A-000-0064-000Q