NOT LISTED FOR SALE

748 W Willet Ct Corolla, NC 27927

Estimated Value: $554,898 - $623,000

4 Beds
2 Baths
1,692 Sq Ft
$354/Sq Ft Est. Value

Last Sold December 29, 2014

Last sale price $275,000 $163 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,382/month

74 Days on Market

Highlights

  • Community Beach Access
  • Coastal Architecture
  • Furnished
  • Second Refrigerator
  • Main Floor Bedroom
  • Cul-De-Sac

About This Home

As of December 2014

Flip Flops - this is the cottage you have been waiting for and at this price, it won't last long! Bright, clean and beautiful, it is the perfect place to relax and enjoy family, friends and the beach - a definite must see. Situated at the end of a quiet cul-de-sac, surrounded by trees and up on a little hill you will find a treasure. The reverse floor plan of the home provides for a wonderful, open, top floor living, dining and kitchen area along with a bedroom and bathroom. 3 additional bedrooms and a bathroom are located on the mid level. The ground floor features a very large utility room and laundry room, with a 2nd refrigerator. There is a large carport area and dry entry along with an outdoor shower. Two levels of decks provide lots of outdoor living space and the top deck boasts a covered portion. Sweet ocean "peeks" through the trees from the top floor complete this home. When you are ready to go to the beach, the wonderful tree lined path is straight down at the other end of the cul-de-sac and the shade shields you from the heat as you walk to the beach. Flip Flops has been meticulously maintained and updated including freshly painted exterior in 2014. All that is left is for you to create lasting OBX beach memories.

Last Agent to Sell the Property

Danielle Taylor

Keller Williams - Outer Banks License #273134 Listed on: 09/23/2014

Keller Williams - Outer Banks

Last Buyer's Agent

Pete Salitore

Default, Office License #180349

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,702

Year Built

  • Built in 1987

Lot Details

  • 7,500 Sq Ft Lot
  • Property fronts a private road
  • Cul-De-Sac

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 1,692 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Cedar Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Outdoor Features

  • Covered Deck

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot # 13

Community Details

Overview

  • Association fees include road maintenance
  • Bob Defazio Association, Phone Number (252) 453-2105
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,702

Year Built

Built in 1987

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: OS HIJO on Seabird, first R Cormorant, first right W Willet Ct, house at end of cul-de-sac on left
  • Extras: Ceiling Fan(s), Covered Decks
  • Flood Zone: X
  • Subdivision Name: Ocean Sands
  • Headline: "Willet" Be Your Beach House?
  • Heated Sq Ft: 1692
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: I
  • Zoning: RES
  • Deed Book Pg Number: 0065
  • Major Subdivision: Ocean Sands
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Refrigerator
  • Bedrooms: 4
  • Bedroom 1: On Level: 2
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 1
  • Kitchen: On Level: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Cedar Closet(s)
  • Dining Room: On Level: 2
  • Family Room: On Level: 2
  • Living Room: On Level: 2
  • Optional Rooms: Utility Room

Exterior Features

  • Construction: Wood
  • Exterior: Wood
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Electric, Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Road Maintenance
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 350
  • Hoa Contact: Bob DeFazio
  • HOA Contact: 252-453-2105

Lot Info

  • Estimated Lot Sq Ft: 7500
  • Lot Description: Cul-de-sac
  • Lot Number: Lot# 13
  • Deed Book: 1150

Rental Info

  • Est Annual Rental Income: 18000
  • Estimated Rental Performance: 0.0655
  • Rental Co: Managed by Homeowner
  • Rental Cottage Name: Flip Flops
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2014
  • Taxes: 1702.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2014
Closed on
Dec 29, 2014
Sold by
Payne John G
Bought by
Lubelski David and Lubelski Deborah
Seller's Agent
Danielle Taylor
Keller Williams - Outer Banks
Buyer's Agent
Pete Salitore
Default, Office
List Price
$294,500
Sold Price
$275,000
Premium/Discount to List
-$19,500
-6.62%
Current Estimated Value
$591,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,911
Avg. Annual Appreciation
7.27%
Original Mortgage
$247,500
Outstanding Balance
$82,793
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$515,682

Purchase Details

Closed on
Jan 10, 2011
Sold by
Payne John G and Payne Susan U
Bought by
Payne John G and Payne Susan U
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lubelski David $275,000 Attorney
Payne John G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lubelski David $247,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2014 12/29/14 Sold $275,000 -6.6% $163 / Sq Ft
12/06/2014 12/06/14 Pending -- -- --
09/23/2014 09/23/14 For Sale $294,500 -- $174 / 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 $3,348 $267,800 $75,000 $192,800
2024 $3,348 $267,800 $75,000 $192,800
2023 $3,102 $267,800 $75,000 $192,800
2022 $2,479 $267,800 $75,000 $192,800
2021 $2,197 $265,800 $110,000 $155,800
2020 $2,155 $265,800 $110,000 $155,800
2019 $2,158 $265,800 $110,000 $155,800
2018 $2,185 $265,800 $110,000 $155,800
2017 $2,028 $265,800 $110,000 $155,800
2016 $1,841 $265,800 $110,000 $155,800
2015 $1,700 $265,800 $110,000 $155,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 85297

Outer Banks Association of REALTORS®

APN: 126A-000-0013-000I