Seller's Agent in 2018
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
(252) 256-1818
12 in this area
101 Total Sales
799 Broad St Corolla, NC 27927
Estimated Value: $1,017,249 - $1,178,000
6
Beds
8
Baths
3,045
Sq Ft
$368/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Gated Community
- Cathedral Ceiling
- In Ground Pool
- Engineered Wood Flooring
- Furnished
About This Home
As of September 2018BEAUTIFUL NEW CONSTRUCTION HOME!...TURNKEY RENTAL MACHINE!..$79,900. income already!... INVESTOR'S DREAM!..THIS HOME ACTUALLY PAYS ITS OWN WAY!virtually no maintainence the 1st 5 years!..Buck Island oceanside home!....CURRENTLY11.8% GOI!.. built by Forrest Seal, LLC!.. prime vacation rental home...amenity packed!...Six master suites, CUSTOM ELEVATOR!..multiple sun and covered porches, game room with wet bar and billiard table, spacious great room with gas fireplace and private pool....Buck Island is a gated community...and yet minutes to the TimBuck Too shopping center, dozens of restaurants, movie theater, coffee shops and scores of shops! Community pool, hot tub, bathhouses, basketball and tennis courts, playground and park...and a private beach access to the wide Corolla beaches!..2017 PARADE OF HOMES WINNER!..Construction features INCLUDE: Allura cement siding, Pella 350 series vinyl windows, therma thru doors, LP smart soffit and facia, white vinyl picket and railings, concrete pool decking with LP Smart pool fence, engineered wood flooring, carpeting and LVT, brushed nickel hardware, white Lancaster Medallion cabinets with granite counter tops in kitchen and baths, GE appliances...complete turn-key home..Outer Banks Furniture package and equipped! ...$79,900 as of 7/11/2018!...11.8%GOI!..on track to generate $85,000!+...projecting 12.6%+ GOI the first year!..WOW!...it's a great deal! $89,125 RENTAL PROJECTION FOR 2019...13.3% G.O.I...UNBEATABLE!
Last Agent to Sell the Property
Outer Banks Blue Realty Srvcs. License #103918 Listed on: 07/20/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,087
Year Built
- Built in 2017
Lot Details
- Lot Dimensions are 62x81
- Property fronts a private road
- Fenced Yard
- Level Lot
- Sprinkler System
HOA Fees
- $407 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 3,045 Sq Ft Home
- Elevator
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Game Room
Kitchen
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Granite Countertops
Flooring
- Engineered Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- Fiberglass Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Patio
- Exterior Lighting
Utilities
- Zoned Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot 19
Community Details
Overview
- Association fees include common electric, common insurance, management, pool, road maintenance, security, tennis courts, walkways
- Mandy Robinson Association, Phone Number (252) 453-4343
- Built by Forrest Seal
- Bi Buck Island Subdivision
Recreation
- Community Beach Access
- Tennis Courts
- Community Playground
- Community Pool
- Park
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2017
Closed on
Aug 31, 2018
Sold by
Forrest Seal Llc
Bought by
Mcmichael Neal
Seller's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
Buyer's Agent
David Weybright
Coastal Outer Banks Realty
List Price
$699,500
Sold Price
$650,000
Premium/Discount to List
-$49,500
-7.08%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,062
Avg. Annual Appreciation
7.76%
Original Mortgage
$450,000
Outstanding Balance
$389,175
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$731,887
Purchase Details
Listed on
Jul 11, 2015
Closed on
Mar 17, 2017
Sold by
Mokarem Shadi and Mokarem Kerin L
Bought by
C Iii Inc and Forrest Seal Llc
Seller's Agent
Paul Sabadash
Sun Realty - Corolla
Buyer's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
List Price
$125,000
Sold Price
$85,000
Premium/Discount to List
-$40,000
-32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
291.70%
Original Mortgage
$399,750
Interest Rate
4.19%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Jan 7, 2015
Closed on
Feb 24, 2015
Sold by
Kingfisher Cove Inc
Bought by
Mokerem Shadi
Seller's Agent
Linda Terry
Tranzon Key
Buyer's Agent
Linda Terry
Tranzon Key
List Price
$99,000
Sold Price
$71,500
Premium/Discount to List
-$27,500
-27.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Purchase Details
Closed on
Apr 4, 2012
Sold by
Tonter Investments Inc
Bought by
Kingfisher Cove Inc
Purchase Details
Closed on
Mar 20, 2012
Sold by
Fox Cynthia F and Fox Craig W
Bought by
Tonter Investments Inc
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcmichael Neal | $650,000 | None Available | |
| C Iii Inc | $85,000 | Attorney | |
| Mokerem Shadi | $357,500 | None Available | |
| Kingfisher Cove Inc | -- | None Available | |
| Tonter Investments Inc | $50,401 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcmichael Neal | $450,000 | |
| Previous Owner | C Iii Inc | $399,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/11/2018 09/11/18 | Sold | $650,000 | -3.3% | $213 / Sq Ft | |
| 07/26/2018 07/26/18 | Pending | -- | -- | -- | |
| 07/20/2018 07/20/18 | Price Changed | $672,500 | -3.2% | $221 / Sq Ft | |
| 07/13/2018 07/13/18 | Price Changed | $695,000 | -0.6% | $228 / Sq Ft | |
| 07/02/2018 07/02/18 | For Sale | $699,500 | +7.6% | $230 / Sq Ft | |
| 07/01/2018 07/01/18 | Off Market | $650,000 | -- | -- | |
| 05/12/2018 05/12/18 | Price Changed | $699,500 | -3.5% | $230 / Sq Ft | |
| 04/20/2018 04/20/18 | Price Changed | $725,000 | -3.3% | $238 / Sq Ft | |
| 03/15/2018 03/15/18 | For Sale | $750,000 | 0.0% | $246 / Sq Ft | |
| 03/10/2018 03/10/18 | Pending | -- | -- | -- | |
| 02/24/2018 02/24/18 | For Sale | $750,000 | 0.0% | $246 / Sq Ft | |
| 02/17/2018 02/17/18 | Pending | -- | -- | -- | |
| 01/20/2018 01/20/18 | Price Changed | $750,000 | -5.7% | $246 / Sq Ft | |
| 11/15/2017 11/15/17 | Price Changed | $795,000 | -3.6% | $261 / Sq Ft | |
| 10/13/2017 10/13/17 | Price Changed | $825,000 | -4.0% | $271 / Sq Ft | |
| 07/20/2017 07/20/17 | For Sale | $859,000 | +910.6% | $282 / Sq Ft | |
| 03/15/2017 03/15/17 | Sold | $85,000 | -32.0% | -- | View Prior Sale |
| 12/21/2016 12/21/16 | Pending | -- | -- | -- | |
| 07/11/2015 07/11/15 | For Sale | $125,000 | +74.8% | -- | |
| 02/27/2015 02/27/15 | Sold | $71,500 | -27.8% | -- | View Prior Sale |
| 02/25/2015 02/25/15 | Pending | -- | -- | -- | |
| 01/07/2015 01/07/15 | For Sale | $99,000 | -- | -- |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $4,745 | $608,900 | $90,000 | $518,900 |
| 2024 | $4,745 | $608,900 | $90,000 | $518,900 |
| 2023 | $4,729 | $608,900 | $90,000 | $518,900 |
| 2022 | $3,541 | $608,900 | $90,000 | $518,900 |
| 2021 | $3,526 | $529,600 | $90,000 | $439,600 |
| 2020 | $3,077 | $529,600 | $90,000 | $439,600 |
| 2019 | $3,077 | $529,600 | $90,000 | $439,600 |
| 2018 | $3,087 | $520,000 | $90,000 | $430,000 |
| 2017 | $432 | $150,000 | $150,000 | $0 |
| 2016 | $720 | $150,000 | $150,000 | $0 |
| 2015 | -- | $150,000 | $150,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Fenyak
-
David Weybright
Buyer's Agent in 2018
David Weybright
Coastal Outer Banks Realty
(252) 305-2400
11 in this area
69 Total Sales
-
Paul Sabadash
Seller's Agent in 2017
Paul Sabadash
Sun Realty - Corolla
(252) 722-3120
31 in this area
34 Total Sales
-
Linda Terry
Seller's Agent in 2015
Linda Terry
Tranzon Key
(866) 872-6966
4 in this area
124 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 97164
APN: 116C-000-0019-0000
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