NOT LISTED FOR SALE

825 S Point Ct Corolla, NC 27927

Estimated Value: $621,000 - $850,000

4 Beds
3 Baths
1,883 Sq Ft
$364/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $318,000 $169 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,933/month

50 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Clubhouse
  • Boat Dock
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of April 2019

What a great price for this 4 bedroom/3 bath home and in Monteray Shores with a private pool, new Hot Tub in 2018 and consistent rental income, grossing over $35k in 2018! Located at the south end of the subdivision which is easy walking / biking distance to the beach as well as several local restaurants and shopping. The nice elevated lot means no flood insurance required and also offers a horizon ocean view from the top floor. You will also have access to the wonderful Monteray Shores community amenities including Tennis, Boat Ramp, Basketball, Playground and Sound Access / Piers. This is a great spot for you relaxing second home or vacation rental investment. Don't let it get away!!

Last Agent to Sell the Property

Marty Griffin

Coldwell Banker Seaside Realty KH License #199715 Listed on: 02/05/2019

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Carol Perry

Sun Realty - KDH License #204144

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,848

Year Built

  • Built in 1993

Lot Details

  • 8,712

HOA Fees

  • $124 Monthly HOA Fees

Parking

  • Tuck Under Parking

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,883 Sq Ft Home
  • Furnished
  • Cathedral Ceiling

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 286

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, tennis courts, walkways
  • Monteray Shores Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Community Beach Access
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,848

Year Built

Built in 1993

Lot Details

0

HOA Fees

$124 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Southern most entrance to Monteray Shores at Ace Hardware (Monteray Dr) - Rt on South Point Ct. to 825.
  • Extras: Beach Access, Covered Decks, Hot Tub, Sun Deck, Dry Entry
  • Flood Zone: X
  • Headline: Great Value in Monteray Shores
  • Heated Sq Ft: 1883
  • L V T Date: 02/05/2019
  • Roads: Paved
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 606
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • 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, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ensuite

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport
  • Parking: Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Tennis Courts, Walkways
  • Association Amenities: Boat Ramp, Clubhouse, Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 1490

Lot Info

  • Lot Faces: .21 Acres
  • Lot Number: Lot 286
  • Deed Book: 1194

Rental Info

  • Est Annual Rental Income: 35000
  • Estimated Rental Performance: 0.1101
  • Lease Terms: Weekly
  • Rental Co: Sun Realty
  • Rental Cottage Name: Liberty Call
  • Rental Cottage Number: MS-6
  • Rental Phone Number: 252-453-8822
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2018
  • Taxes: 1848.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2024
Sold by
Cullen David Cameron and Cullen Mary Lenin
Bought by
Valdez Julio C and Valdez Sheila
Current Estimated Value
$684,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,200
Outstanding Balance
$528,758
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$155,943

Purchase Details

Listed on
Feb 5, 2019
Closed on
Apr 22, 2019
Sold by
Liberty Call Llc
Bought by
Lenio Cullen David Cameron and Lenio Cullen Mary
Seller's Agent
Marty Griffin
Coldwell Banker Seaside Realty KH
Buyer's Agent
Carol Perry
Sun Realty - KDH
List Price
$339,000
Sold Price
$318,000
Premium/Discount to List
-$21,000
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.13%
Original Mortgage
$286,200
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2012
Sold by
Casey Brice D and Casey Ann E
Bought by
Liberty Call Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Valdez Julio C $669,000 None Listed On Document
Valdez Julio C $669,000 None Listed On Document
Lenio Cullen David Cameron $318,000 None Available
Liberty Call Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdez Julio C $535,200
Closed Valdez Julio C $535,200
Previous Owner Lenio Cullen David Cameron $286,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2019 04/26/19 Sold $318,000 -3.3% $169 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
03/12/2019 03/12/19 Price Changed $329,000 -2.9% $175 / Sq Ft
02/05/2019 02/05/19 For Sale $339,000 -- $180 / 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 $2,789 $314,800 $50,000 $264,800
2024 $2,789 $314,800 $50,000 $264,800
2023 $2,493 $314,800 $50,000 $264,800
2022 $2,116 $314,800 $50,000 $264,800
2021 $2,101 $285,900 $70,000 $215,900
2020 $1,848 $285,900 $70,000 $215,900
2019 $1,842 $285,900 $70,000 $215,900
2018 $0 $285,900 $70,000 $215,900
2017 $1,679 $285,900 $70,000 $215,900
2016 $1,679 $285,900 $70,000 $215,900
2015 -- $285,900 $70,000 $215,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 103562

Outer Banks Association of REALTORS®

APN: 115C-000-0286-0000