NOT LISTED FOR SALE

860 Corolla Dr Corolla, NC 27927

Estimated Value: $992,000 - $1,280,000

8 Beds
7.5 Baths
3,554 Sq Ft
$321/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $775,000 $218 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,501/month

13 Days on Market

Highlights

  • Second Refrigerator
  • Cathedral Ceiling
  • Game Room
  • Coastal Architecture
  • Furnished
  • Screened Porch

About This Home

As of March 2021

Luxury, leisure, fun, entertainment, and did I mention fun? This exquisite 8 bed, 7 bath (plus 1 half bath!) Corolla family home is your dream come true! The perfect blend of extravagance and relaxed recreation, this new construction home truly has it all! 6 spacious master suites, game room on the lower level with plenty of room for privacy...there is simply so much great space in this amazing home that you really have to experience it for yourself to truly absorb it all! Not to mention this gem is oh so tastefully appointed while retaining that classic Outer Banks beach house vibe that keeps em coming back year after year! And speaking of, you won't at all mind being steps from the pristine beaches Corolla is so renowned for while also being a stone's throw from all that Corolla has to offer with its excellent dining, shopping and entertainment options! In short, this beauty is one heck of a fortuitous and timely investment opportunity that you can expect significant ROI from, and also have to look forward to for your own R&R if you so choose! Come take a look and see for yourself!

Last Agent to Sell the Property

Robert Godley

Kitty Hawk Land Company License #185619 Listed on: 01/12/2021

Last Buyer's Agent

Len Cusato

Keller Williams - Outer Banks License #284979

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,128

Year Built

  • Built in 2020

Lot Details

  • 0.46

Parking

  • Paved Parking

Home Design

  • Coastal Architecture
  • Cottage
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Siding
  • Piling Construction

Interior Spaces

  • 3,554 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Game Room
  • Screened Porch
  • Carpet
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Second Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 67

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,128

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal, Cottage
  • Extras: Covered Decks, Outside Shower, Screened Porch, Sun Deck
  • Flood Zone: X
  • Headline: New Construction / Oceanside
  • Heated Sq Ft: 3554
  • L V T Date: 01/12/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: RES
  • Deed Book Pg Number: 135
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C8539
  • 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, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 8
  • Floor Coverings: Carpet, Vinyl Tile
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s)
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Composite Siding
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Paved

Utilities

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

Lot Info

  • Lot Number: Lot 67
  • Deed Book: 1492

Rental Info

  • Lease Terms: Variable

Building Info

  • Year Built: 2020

Tax Info

  • Year: 2020
  • Taxes: 1128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2024
Sold by
Bosarge Rickey G and Bosarge Sherry A
Bought by
Hobson Jeff and Hobson Rebecca
Current Estimated Value
$1,142,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$833,000
Outstanding Balance
$821,244
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$321,014

Purchase Details

Listed on
Jan 12, 2021
Closed on
Mar 4, 2021
Sold by
Cbic Llc
Bought by
Bosarge Rickey G and Bosarge Sherry A
Seller's Agent
Robert Godley
Kitty Hawk Land Company
Buyer's Agent
Len Cusato
Keller Williams - Outer Banks
List Price
$785,000
Sold Price
$775,000
Premium/Discount to List
-$10,000
-1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$548,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2018
Closed on
Jul 2, 2019
Sold by
Monday William D and Monday Kathryn J
Bought by
Cbic Llc
Seller's Agent
Brad Beacham
Landmark Sotheby's Internation
Buyer's Agent
Robert Godley
Kitty Hawk Land Company
List Price
$139,000
Sold Price
$122,500
Premium/Discount to List
-$16,500
-11.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
212.28%

Purchase Details

Closed on
Dec 31, 1899
Bought by
Monday William D and Monday Kathryn J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hobson Jeff $1,190,000 None Listed On Document
Hobson Jeff $1,190,000 None Listed On Document
Bosarge Rickey G $775,000 None Available
Cbic Llc $122,500 None Available
Monday William D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobson Jeff $833,000
Closed Hobson Jeff $833,000
Previous Owner Bosarge Rickey G $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2021 03/08/21 Sold $775,000 -1.3% $218 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $785,000 +540.8% $221 / Sq Ft
07/26/2019 07/26/19 Sold $122,500 -11.9% -- View Prior Sale
06/27/2019 06/27/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $139,000 +13.5% --
01/01/2019 01/01/19 Off Market $122,500 -- --
02/27/2018 02/27/18 For Sale $139,000 -- --
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 $6,337 $687,300 $125,000 $562,300
2024 $6,337 $687,300 $125,000 $562,300
2023 $6,298 $687,300 $125,000 $562,300
2022 $4,580 $669,600 $125,000 $544,600
2021 $4,580 $160,000 $160,000 $0
2020 $1,128 $160,000 $160,000 $0
2019 $1,128 $160,000 $160,000 $0
2018 $1,128 $160,000 $160,000 $0
2017 $1,048 $160,000 $160,000 $0
2016 $1,056 $160,000 $160,000 $0
2015 $1,056 $160,000 $160,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112390

Outer Banks Association of REALTORS®

APN: 115A-000-0067-0012