NOT LISTED FOR SALE

787 Broad St Unit 25 Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $1,089,000 - $1,193,646

8 Beds
8 Baths
4,975 Sq Ft
$231/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $1,092,870 $220 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,477/month

3 Days on Market

Highlights

  • Community Beach Access
  • Gated Community
  • Cathedral Ceiling
  • In Ground Pool
  • Coastal Architecture
  • Wood Flooring

About This Home

As of November 2023

Twice the Fun I & II is TWO HOMES IN ONE! 787 Broad Street is a luxury style duplex home located in the prestigious, gated, oceanfront community of Buck Island in Corolla, NC. Set up like a townhouse, each side of this duplex is a separate home, but they are connected on each of the 3 levels through expansive rear decks. Each side boasts 4 bedrooms (2 ensuite), 3.5 bathrooms, 1 outdoor shower, a 1 car garage and is roughly 2500 sq/ft which gives you a total of 8 bedrooms (4 ensuite), 6 bathrooms, 2 powder rooms, 2 outdoor showers, 2 garages and a whopping 5000 sq/ft living space. Situated in an ideal location, where just a 5-minute walk takes you to the beautiful Corolla beaches, as well as shopping, dining, and entertainment. You and your family can enjoy the utmost in convenience, leisure, and accommodation opportunities. The current owners frequently use the home as a second home to host their family and friends, as well as a lucrative short-term rental in which they self-manage. This home (x2!) is being sold fully furnished, has beautiful landscaping and a well-designed floor plan. It’s been updated and fully maintained (with updates and maintenance totaling around $100K within the last 2 years) and offers the perfect blend of modern luxury and coastal charm. A few of the updates and maintenance items include; two new 6-person hot tubs (2023), LVP flooring in both kitchens (2023), extensive siding replacement (2023), 10 x Samsung Smart TVs installed, regularly serviced HVAC systems, bamboo flooring, newer carpet, and modern tile flooring throughout, granite counters in both kitchens and in all bathrooms and all stainless-steel appliances. Buck Island is a beautiful resort style community located on the northern stretch of the Outer Banks in Corolla, NC. Buck Island amenities include an Olympic sized swimming pool, tennis courts, half-court basketball, playground, and beach parking and cabana restrooms for owners and guests. Buck Island also provides the exterior landscaping for this home as well home to curb trash and recycling services. Schedule your personal tour today! To view the 3D tour, copy and paste the following link into your browser; https://unbranded.youriguide.com/787_broad_st_corolla_nc/

Last Agent to Sell the Property

Mandy Robinson

Outer Banks Realty Group License #300017 Listed on: 09/14/2023

Last Buyer's Agent

Melissa Morgan

Coldwell Banker Seaside Realty - KDH License #199669

Coldwell Banker Seaside Realty - KDH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,215

Year Built

  • Built in 1998

Lot Details

  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Property is zoned SFO

HOA Fees

  • $580 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,975 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Garage
  • Carport
  • Off-Street Parking

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck

Utilities

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

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, security, tennis courts, walkways
  • Signature Touch Property Mgmt Association, Phone Number (252) 441-8857
  • Built by BD&A
  • Bi Buck Island Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Common Area
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,215

Year Built

Built in 1998

Lot Details

0

HOA Fees

$580 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Directions: From Hwy 12 North, head east on Orions Way. Once through the entry gate, take a left on Broad Street. The house is the second house on the right.
  • Extras: Ceiling Fan(s), Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Shower, Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Charleston Place in Buck Island
  • Headline: A DUPLEX in Corolla!
  • Heated Sq Ft: 4975
  • L V T Date: 09/14/2023
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: SFO
  • Deed Book Pg Number: 538
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C25379
  • Outer Banks Software: Yes
  • Short Term Rental Restrictions: No
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Stackable Washer/Dryer
  • Bedrooms: 8
  • Countertops: Granite, Solid Surface
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Tile, Wood, Luxury Vinyl Plank
  • Foundation: Piling, Slab
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection
  • Optional Rooms: Pantry
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: BD&A
  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, In Ground, Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: 1 Car, Attached
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Gated Community, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 6955
  • Hoa Contact: Signature Touch Property Mgmt
  • HOA Contact: (252) 441-8857
  • Home Owner Dwelling Insurance: 5222

Lot Info

  • Lot Description: Level
  • Deed Book: 1596

Rental Info

  • Est Annual Rental Income: 127312
  • Estimated Rental Performance: 0.1165
  • Flood Expenses: 540
  • Lease Terms: Variable
  • Other Expenses: 265
  • Other Expenses2: 340
  • Poolspa Expense: 2900
  • Rental Co: Managed by Homeowner
  • Rental Cottage Name: Twice the Fun I and II
  • Rental Turnover Day: Varies
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 968
  • Annual Electric: 2859
  • Annual Water Expense: 3221
  • Rental Contact Name: Managed by Homeowner

Building Info

  • Year Built: 1998

Multi Family

  • No. of Units: 2

Tax Info

  • Year: 2023
  • Taxes: 5214.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Nov 15, 2023
Sold by
Blair Germain O and Blair Erika M
Bought by
Nott Keagan and Nott Graham G
Seller's Agent
Mandy Robinson
Outer Banks Realty Group
Buyer's Agent
Melissa Morgan
Coldwell Banker Seaside Realty - KDH
List Price
$1,092,870
Sold Price
$1,092,870
Views
17
Current Estimated Value
$1,150,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,042
Avg. Annual Appreciation
3.33%
Original Mortgage
$928,939
Outstanding Balance
$916,590
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$234,322

Purchase Details

Listed on
Jan 6, 2020
Closed on
Jan 15, 2021
Sold by
Amari R Richard R and Amari Mary Ann
Bought by
Blair Germain O and Blair Erika M
Seller's Agent
Mandy Robinson
Outer Banks Realty Group
Buyer's Agent
Holly Henry-West
Century 21 Nachman Realty
List Price
$685,000
Sold Price
$660,000
Premium/Discount to List
-$25,000
-3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.74%
Original Mortgage
$594,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 16, 2005
Sold by
Adamson Jane L
Bought by
Amari R Richard and Amari Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Nott Keagan $1,093,000 None Listed On Document
Blair Germain O $660,000 None Available
Amari R Richard $995,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nott Keagan $928,939
Previous Owner Blair Germain O $594,000
Previous Owner Amari R Richard $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $1,092,870 0.0% $220 / Sq Ft
09/17/2023 09/17/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $1,092,870 +65.6% $220 / Sq Ft
02/02/2021 02/02/21 Sold $660,000 -3.6% $133 / Sq Ft
11/27/2020 11/27/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $685,000 0.0% $138 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
06/10/2020 06/10/20 Price Changed $685,000 -2.0% $138 / Sq Ft
01/06/2020 01/06/20 For Sale $699,000 -- $141 / 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 $5,825 $664,400 $40,000 $624,400
2023 $5,825 $664,400 $40,000 $624,400
2022 $4,313 $664,400 $40,000 $624,400
2021 $4,279 $681,100 $150,000 $531,100
2020 $4,200 $681,100 $150,000 $531,100
2019 $4,204 $681,100 $150,000 $531,100
2018 $0 $681,100 $150,000 $531,100
2017 $3,819 $681,100 $150,000 $531,100
2016 $3,819 $681,100 $150,000 $531,100
2015 -- $681,100 $150,000 $531,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 123425

Outer Banks Association of REALTORS®

APN: 116C-000-0025-0000