NOT LISTED FOR SALE

816 Corolla Dr Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $875,000 - $963,000

5 Beds
5.5 Baths
2,908 Sq Ft
$318/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $520,000 $179 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,598/month

2 Days on Market

Highlights

  • Ocean View
  • Coastal Architecture
  • Furnished
  • In Ground Pool
  • Cathedral Ceiling
  • Game Room

About This Home

As of September 2020

This great family vacation property offers ocean views from the upper levels, a large stone fireplace for chilly evenings, open kitchen with breakfast bar, multiple Masters with private baths and balconies, a hot tub and spacious pool area. The property is designed for lots of folks to enjoy vacationing together without sacrificing privacy or space. A special bonus is the top-level bedroom above the main living area offering more views of the Atlantic. The parrot-themed rec room with wet bar is the perfect hangout after a day on the beach. Enjoy the spacious pool and hot tub area or play a game of volleyball in the adjacent side yard. Fresh and well maintained, this home will be a favorite with vacationers or a second home buyer. With attention to detail, the décor in each room will delight a prospective buyer. Close to all the Corolla shops, restaurant, attractions and located in an X flood zone!

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 06/26/2020

Keller Williams - Outer Banks

Co-Listed By

Terry Blocher

Keller Williams - Outer Banks License #271673

Last Buyer's Agent

Denise Schmitt

Corolla Beach Realty License #304519

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,216

Year Built

  • Built in 2003

Lot Details

  • 0.46 Acre Lot
  • Landscaped
  • Level Lot

HOA Fees

  • $8 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,908 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Screened Porch
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot lot 69

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,216

Year Built

Built in 2003

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Directions: Ocean Trail north to right on Dolphin St, right onto Corolla Dr. Property is 3 lots down on the right.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Screened Porch, Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: Excellent Condition.
  • Heated Sq Ft: 2908
  • L V T Date: 06/26/2020
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 14
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: res
  • Deed Book Pg Number: 121
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Refrigerator w/Ice Maker, Washer, Wine Cooler
  • Bedrooms: 5
  • Countertops: Laminate, Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile, Parquet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Game Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 100
  • Home Owner Dwelling Insurance: 75

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Number: lot 69
  • Estimated Lot Size: 0.46
  • Deed Book: 564

Rental Info

  • Est Annual Rental Income: 53260
  • Estimated Rental Performance: 0.1024
  • Lease Terms: Variable
  • Poolspa Expense: 2100
  • Rental Co: VRBO
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 3010
  • Rental Contact Name: Managed by Homeowner

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2019
  • Taxes: 4215.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2024
Sold by
Hollister John E and Hollister Jane R
Bought by
Kuhlmann Chad and Kuhlmann Megan
Current Estimated Value
$950,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$631,813
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$293,518

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 20, 2020
Sold by
Martz Michael R and Martz Sharon P
Bought by
Hollister John E and Hollister Jane R
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Denise Schmitt
Corolla Beach Realty
List Price
$534,900
Sold Price
$520,000
Premium/Discount to List
-$14,900
-2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%
Original Mortgage
$502,645
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2002
Bought by
Martz Michael R and Martz Sharon Mcclung
Source: Public Records

Range of Values:

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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
Kuhlmann Chad $940,000 None Listed On Document
Kuhlmann Chad $940,000 None Listed On Document
Hollister John E $520,000 None Available
Martz Michael R $93,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuhlmann Chad $640,000
Closed Kuhlmann Chad $640,000
Previous Owner Hollister John E $507,000
Previous Owner Hollister John E $502,645
Previous Owner Martz Michael R $219,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2020 09/03/20 Sold $520,000 -2.8% $179 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $534,900 -- $184 / 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 $4,640 $512,000 $125,000 $387,000
2023 $4,640 $512,000 $125,000 $387,000
2022 $3,938 $512,000 $125,000 $387,000
2021 $3,923 $548,200 $160,000 $388,200
2020 $4,208 $548,200 $160,000 $388,200
2019 $4,216 $548,200 $160,000 $388,200
2018 $4,215 $548,200 $160,000 $388,200
2017 $3,915 $548,200 $160,000 $388,200
2016 $3,939 $548,200 $160,000 $388,200
2015 $3,947 $548,200 $160,000 $388,200
Source: Public Records

Agents Affiliated with this Home

  • Matt Myatt

    Seller's Agent in 2020

    Matt Myatt

    Keller Williams - Outer Banks

    (252) 207-6588

    216 in this area

    440 Total Sales

    Section Image

  • T

    Seller Co-Listing Agent in 2020

    Terry Blocher

    Keller Williams - Outer Banks

    (252) 457-1906

    149 in this area

    238 Total Sales

    Section Image
  • Denise Schmitt

    Buyer's Agent in 2020

    Denise Schmitt

    Corolla Beach Realty

    (814) 880-3261

    23 in this area

    28 Total Sales

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109859

Outer Banks Association of REALTORS®

APN: 115A-000-0069-0014

North Carolina Currituck County Corolla 27927 Corolla

816 Corolla Dr, Corolla, NC

This home is located at 816 Corolla Dr, Corolla, NC 27927 since 26 June 2020 and is currently estimated at $925,331, approximately $318 per square foot. This property was built in 2003. 816 Corolla Dr is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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