NOT LISTED FOR SALE

Estimated Value: $955,000 - $1,238,000

7 Beds
7.5 Baths
3,819 Sq Ft
$285/Sq Ft Est. Value

Last Sold April 10, 2017

Last sale price $533,000 $140 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $6,359/month

45 Days on Market

Highlights

  • Community Beach Access
  • Second Refrigerator
  • Cathedral Ceiling
  • In Ground Pool
  • Coastal Architecture
  • Hydromassage or Jetted Bathtub

About This Home

As of April 2017

This home received a total makeover in 2016 including new furnishings, décor, outdoor furniture, electronics, appliances, HVAC, interior painting and already has over $50,000 on the books for 2017 as of 3.14.17. You’ll be amazed with the condition of this home and it is being sold FULLY FURNISHED and loaded with all the bells and whistles to keep guest coming back year after year including: ELEVATOR, 14’ X 30’ PRIVATE POOL, HOT TUB, GAME ROOM W/POOL TABLE and KITCHENETTE, 7 BEDROOMS (6 MASTER SUITES) (1 HANDICAPPED FRIENDLY SUITE), GAS FIREPLACE and the list goes on. The floor plan is well designed and very spacious with over 3800 SQUARE FEET. The ground level consists of 2 Bedrooms (1 Handicapped Friendly Suite), 2 Baths, Elevator, and Game Room w/Billiards and Kitchenette which opens to the Beautiful Private Pool, Dual Outdoor Showers, Grill and Large Sitting Area. The mid-level features 4 Master Suites, Den w/Entertainment Center which opens to a covered deck with a 6 Person Hot Tub. On the top level you’ll find the Grand Master Suite, Great Room w/Gas Fireplace, Generous Dining Area, Large Kitchen w/ Raised Seating, ½ Bath and access to both the covered deck w/picnic table as well as the oceanside sun deck. Strong rental performance already in place as evidenced from the previous years rental histories. This home is in great condition and is turn-key and ready to go for the upcoming rental season. One of the BEST BUYS in Corolla!

Last Agent to Sell the Property

Rob Petty

Outer Banks Home Group License #224417 Listed on: 01/23/2017

Last Buyer's Agent

Len Cusato

Keller Williams - Outer Banks License #284979

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,354

Year Built

  • Built in 2004

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 100 x 70
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $32 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,819 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 14

Community Details

Overview

  • Built by Sandalwood Construction
  • Ocean Sands Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,354

Year Built

Built in 2004

Lot Details

0

HOA Fees

$32 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: From Ocean Trail turn onto Seabird Way, make right on Cormorant Trail, make right on W. Willet Court, house in cup-de-sac
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Handicap Friendly, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Sun Deck
  • Flood Zone: AE, X
  • Subdivision Name: Ocean Sand Subdivision
  • Headline: POOL, ELEVATOR & 6 MASTERS
  • Heated Sq Ft: 3819
  • L V T Date: 01/23/2017
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: I
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 0725
  • Major Subdivision: Ocean Sands
  • Office License Number: C7816
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 7
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Tile, Wood Laminate
  • Foundation: Piling, Slab
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Sandalwood Construction
  • Construction: Frame, Wood
  • Exterior: Shakes, Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 380
  • Home Owner Dwelling Insurance: 827

Lot Info

  • Estimated Lot Sq Ft: 7000
  • Lot Description: Cul-de-sac, Level
  • Lot Faces: E
  • Lot Size: 100 x 70
  • Lot Number: Lot 14
  • Deed Book: 1370

Rental Info

  • Est Annual Rental Income: 53125
  • Estimated Rental Performance: 0.0997
  • Flood Expenses: 717
  • Lease Terms: Weekly
  • Poolspa Expense: 1930
  • Rental Co: Outer Banks Blue
  • Rental Cottage Name: Beacon's Watch
  • Rental Cottage Number: OS2I
  • Rental Phone Number: 252-255-1220
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1397
  • Annual Electric: 1993
  • Annual Telephone Expense: 245
  • Annual Water Expense: 1220

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2016
  • Taxes: 3353.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2017
Closed on
Apr 10, 2017
Sold by
Muller Obx Llc
Bought by
Ortwein Jeffrey Edward and Ortwein Lisa Marie
Seller's Agent
Rob Petty
Outer Banks Home Group
Buyer's Agent
Len Cusato
Keller Williams - Outer Banks
List Price
$550,000
Sold Price
$533,000
Premium/Discount to List
-$17,000
-3.09%
Current Estimated Value
$1,086,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$553,828
Avg. Annual Appreciation
8.85%
Original Mortgage
$265,000
Outstanding Balance
$139,726
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$951,739

Purchase Details

Closed on
Jun 2, 2016
Sold by
Muller Matthew and Muller Rebecca
Bought by
Muller Obx Llc

Purchase Details

Closed on
Apr 18, 2016
Sold by
Schucker George E and Schucker Kay L
Bought by
Muller Living Trust and Muller Rebecca

Purchase Details

Closed on
Mar 24, 2005
Sold by
Long Joseph R and Long Tammy K
Bought by
Schucker Geroge E and Schucker Kay L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.79%
Mortgage Type
Credit Line Revolving
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
Ortwein Jeffrey Edward $533,000 Attorney
Muller Obx Llc -- Attorney
Muller Living Trust $406,455 Attorney
Schucker Geroge E $850,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortwein Jeffrey Edward $265,000
Previous Owner Schucker George E $116,055
Previous Owner Schucker George E $115,000
Previous Owner Schucker Geroge E $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2017 04/10/17 Sold $533,000 -3.1% $140 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $550,000 -- $144 / 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 $7,051 $587,200 $75,000 $512,200
2023 $7,051 $587,200 $75,000 $512,200
2022 $5,112 $587,200 $75,000 $512,200
2021 $4,501 $513,000 $110,000 $403,000
2020 $3,963 $513,000 $110,000 $403,000
2019 $3,949 $513,000 $110,000 $403,000
2018 $4,002 $513,000 $110,000 $403,000
2017 $3,729 $513,000 $110,000 $403,000
2016 $3,354 $513,000 $110,000 $403,000
2015 $3,076 $513,000 $110,000 $403,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 94923

Outer Banks Association of REALTORS®

APN: 126A-000-0014-000I