$812,000
SOLD FEB 22, 2023
4 Beds
4.5 Baths
2,350 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$346 Per Sq Ft

8% Above List Price

55 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Coastal Architecture
  • Boat Dock
  • Outdoor Pool
  • Cathedral Ceiling

About This Home

As of February 2023

Here's your chance to own a new beach home in Corolla! This 4 bedrooms 4 full bath and 1 half bath home with a pool is situated in a quiet cul de sac in the Monteray Shores community in Corolla. This home is to be built with the latest SMART technology, front door camera, water sensors on all floors, televisions are hard-wired and you get to control the lights & the temp from anywhere with your app. Stainless Steel Appliances, LVP Flooring in common areas, Ceramic Tile in the baths, and Carpet in the bedrooms. Buyer is able to choose paint colors, cabinets, tile, flooring, etc. No maintenance to worry about for years to come with new construction. No lot or construction loan needed - which means a one time close. This is a turnkey package. Home comes with a one-year builder warranty, as well as a 4 year New Construction American Home Shield Warranty for years 2-5. Great for permanent residency, second home, or investment property. If you are looking for new construction that is affordable in Corolla, this is it! Monteray Shores is a soundside community with extensive amenities including a pool, tennis and indoor fitness center, playground, pedestrian walkways throughout, 2 sound piers with boat dock. Completion date approximately 12/22.

Last Agent to Sell the Property

Raju Uppalapati

Outer Banks Realty Group License #187530 Listed on: 02/25/2022

Co-Listed By

Iryna Snyder

Outer Banks Realty Group License #313743

Last Buyer's Agent

Sarah Spencer

Keller Williams - Outer Banks License #185795

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $255

Year Built

  • Built in 2022

Lot Details

  • 8,276 Sq Ft Lot
  • Property fronts a private road
  • Fenced Yard
  • Landscaped
  • Level Lot

HOA Fees

  • $136 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Siding
  • Piling Construction

Interior Spaces

  • 2,350 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Ceramic Tile Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Tuck Under Parking
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 266

Community Details

Overview

  • Association fees include management, pool, road maintenance, tennis courts, walkways
  • Amy E. Wygans Association, Phone Number (252) 500-0100
  • Monteray Shores Subdivision

Amenities

  • Common Area

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$255

Year Built

Built in 2022

Lot Details

0

HOA Fees

$136 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Landscaped, Outside Shower, Security System, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: New Construction in Corolla!
  • Heated Sq Ft: 2350
  • L V T Date: 02/25/2022
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 321
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C25379
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Granite
  • Floor Coverings: Ceramic Tile, Vinyl Tile
  • Foundation: Piling
  • Full Bathrooms: 4
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ensuite, Electric Fireplace
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Composite Siding
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Boat Ramp, Boat Dock, Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 1630
  • Hoa Contact: Amy E. Wygans
  • HOA Contact: 252-500-0100

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 266
  • Estimated Lot Size: 0.19
  • Deed Book: 1657

Building Info

  • Year Built: 2022

Tax Info

  • Year: 2021
  • Taxes: 255

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
Feb 10, 2023
Sold by
Homes By Eillu Llc
Bought by
Amoh-Tonto Comfort
Seller's Agent
Raju Uppalapati
Outer Banks Realty Group
Buyer's Agent
Sarah Spencer
Keller Williams - Outer Banks
List Price
$749,900
Sold Price
$812,000
Premium/Discount to List
$62,100
8.28%
Current Estimated Value
$823,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,037
Avg. Annual Appreciation
0.05%
Original Mortgage
$578,000
Outstanding Balance
$562,993
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$250,086

Purchase Details

Listed on
Jul 16, 2021
Closed on
Oct 12, 2021
Sold by
Cohen Partnership
Bought by
Homes By Eillu Llc and Fine Finish Construction & Design Llc
Seller's Agent
Melanie Day
Landmark Sotheby's International Realty
Buyer's Agent
Raju Uppalapati
Outer Banks Realty Group
List Price
$92,500
Sold Price
$81,600
Premium/Discount to List
-$10,900
-11.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
448.48%

Purchase Details

Closed on
Aug 6, 2003
Bought by
Cohen Partnership
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 Type Sale Price Title Company
Warranty Deed $4,870,000 Accommodation/Courtesy Recordi
Deed $82,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $578,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $812,000 +8.3% $346 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $749,900 +819.0% $319 / Sq Ft
10/18/2021 10/18/21 Sold $81,600 -11.8% --
09/10/2021 09/10/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $92,500 -- --
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 $3,594 $446,700 $50,000 $396,700
2023 $3,594 $446,700 $50,000 $396,700
2022 $255 $50,000 $50,000 $0
2021 $255 $70,000 $70,000 $0
2020 $371 $70,000 $70,000 $0
2019 $371 $70,000 $70,000 $0
2018 $371 $70,000 $70,000 $0
2017 $336 $70,000 $70,000 $0
2016 $336 $70,000 $70,000 $0
2015 $336 $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117778

Outer Banks Association of REALTORS®

APN: 115C-000-0266-0000