NOT LISTED FOR SALE

858 Drifting Sands Dr Corolla, NC 27927

Estimated Value: $833,991 - $979,000

5 Beds
4 Baths
2,621 Sq Ft
$341/Sq Ft Est. Value

Last Sold March 28, 2017

Last sale price $487,000 $186 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,261/month

243 Days on Market

Highlights

  • Views of a Sound
  • Home fronts a sound
  • Contemporary Architecture
  • Boat Dock
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of March 2017

Enjoy gorgeous sunsets from this beautiful Soundfront home located in the amenity filled community of Monteray Shores. This property has a shared pier AND a floating dock providing easy access to favorite water activities such as kayaking, boating, crabbing, fishing, bird watching etc. This home is well maintained and is the perfect fit for the buyer looking for a turn key opportunity. Best value on the market for both personal use as well as investment! Don't miss it!

Last Agent to Sell the Property

Jackson Dixon

Landmark Sotheby's Internation License #197501 Listed on: 06/15/2016

Landmark Sotheby's Internation

Last Buyer's Agent

Sarah Brown

Keller Williams - Outer Banks License #265135

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,053

Year Built

  • Built in 1990

Lot Details

  • Home fronts a sound
  • Property fronts a private road
  • Landscaped

HOA Fees

  • $117 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Park or Greenbelt Views

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Synthetic Stucco Exterior

Interior Spaces

  • 2,621 Sq Ft Home
  • Central Vacuum
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Library
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Second Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • 4 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Sun Deck

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 231

Community Details

Overview

  • Association fees include management
  • Monteray Shores Subdivision

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,053

Year Built

Built in 1990

Lot Details

0

HOA Fees

$117 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: North on 12. Turn left at Ace onto Monteray Drive. Left onto Drifting Sands. House on left.
  • Extras: Central Vacuum, Hot Tub, Jet Tub, Landscaped, Outside Shower, Smoke Detector(s), Sun Deck
  • Subdivision Name: Monteray Shores
  • Headline: Soundfront w/Pool & Dock!
  • Heated Sq Ft: 2621
  • L V T Date: 06/15/2016
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: RES
  • Deed Book Pg Number: 493
  • Office License Number: C3297
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher
  • Bedrooms: 5
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Pantry, Walk in Closet, Washer Connection
  • Optional Rooms: Library/Study

Exterior Features

  • Construction: Frame
  • Exterior: Synth Stucco
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Park Serv/Preserve, Sound

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management
  • Association Amenities: Boat Ramp, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 1400

Lot Info

  • Lot Number: Lot 231
  • Deed Book: 1185

Rental Info

  • Est Annual Rental Income: 51415
  • Estimated Rental Performance: 0.1056
  • Rental Co: Sun Realty
  • Rental Cottage Name: Tangerine Skies
  • Rental Cottage Number: MS-2
  • Rental Phone Number: 453-8822
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1990

Tax Info

  • Year: 2015
  • Taxes: 2053.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2016
Closed on
Mar 14, 2017
Sold by
Silsby Robert M and Silsby Maryellen W
Bought by
Reynolds Steven J and Reynolds Anne E
Seller's Agent
Jackson Dixon
Landmark Sotheby's Internation
Buyer's Agent
Sarah Brown
Keller Williams - Outer Banks
List Price
$599,900
Sold Price
$487,000
Premium/Discount to List
-$112,900
-18.82%
Current Estimated Value
$925,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,050
Avg. Annual Appreciation
7.12%
Original Mortgage
$389,600
Outstanding Balance
$321,523
Interest Rate
4.17%
Mortgage Type
Credit Line Revolving
Estimated Equity
$572,475

Purchase Details

Closed on
Jan 11, 2012
Sold by
Blanchard Joseph D and Blanchard Donna J
Bought by
Silsby Robert M and Silsby Maryellen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,400
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2005
Sold by
Meg Drew Properties Llc
Bought by
Blanchard Joseph D and Blanchard Donna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.88%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 21, 2005
Sold by
Fuhrmann Jack and Fuhrmann Evelyn
Bought by
Meg Drew Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.88%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Reynolds Steven J $487,000 Attorney
Silsby Robert M $468,000 None Available
Blanchard Joseph D -- None Available
Meg Drew Properties Llc $590,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Steven J $389,600
Previous Owner Silsby Robert M $374,400
Previous Owner Meg Drew Properties Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2017 03/28/17 Sold $487,000 -18.8% $186 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
06/15/2016 06/15/16 For Sale $599,900 -- $229 / 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 $4,078 $501,200 $150,000 $351,200
2024 $4,078 $501,200 $150,000 $351,200
2023 $4,111 $501,200 $150,000 $351,200
2022 $3,091 $501,200 $150,000 $351,200
2021 $3,076 $429,800 $126,000 $303,800
2020 $2,637 $429,800 $126,000 $303,800
2019 $2,628 $427,800 $126,000 $301,800
2018 $2,617 $427,800 $126,000 $301,800
2017 $2,383 $427,800 $126,000 $301,800
2016 $2,383 $427,800 $126,000 $301,800
2015 $2,383 $427,800 $126,000 $301,800
Source: Public Records

Agents Affiliated with this Home

  • Jackson Dixon

    Seller's Agent in 2017

    Jackson Dixon

    Landmark Sotheby's Internation

    (252) 207-5934

    14 in this area

    44 Total Sales

    Jackson Dixon
    Section Image
  • Sarah Brown

    Buyer's Agent in 2017

    Sarah Brown

    Keller Williams - Outer Banks

    (252) 202-4251

    14 in this area

    83 Total Sales

    Sarah Brown
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 92775

Outer Banks Association of REALTORS®

APN: 115C-000-0231-0000

North Carolina Currituck County Corolla 27927

858 Drifting Sands Dr, Corolla, NC

Not Listed for Sale

Detached

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