NOT LISTED FOR SALE

863 Corolla Dr Corolla, NC 27927

Estimated Value: $875,000 - $936,000

5 Beds
4.5 Baths
2,380 Sq Ft
$381/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $880,800 $370 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,080/month

3 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Cathedral Ceiling
  • Beach Access
  • Wooded Lot
  • Whirlpool Bathtub

About This Home

As of March 2022

Enjoy an Elevator and Ocean views from his custom built, well-maintained home, located on a half-acre lot, with a gorgeous live oaks in the prestigious Whalehead subdivision. This 5 bedroom, 4.5 bath home is gently used as a second home and has all the amenities you could want including; a crow's nest, elevator, large private pool, 2 ensuite bedrooms, game room with kitchenette, full bath close to the pool, screen porch, and much more! The top level features an open concept with a spacious great room, soaring cathedral ceiling, gourmet kitchen, gas fireplace, dining area, powder bath, and of course ocean views! The chef’s kitchen was renovated in 2018 with a soothing cabinet color, granite countertops and ceramic tile flooring. Just off the kitchen is a relaxing screen porch perfect for morning coffee or picking crabs at night. The slider in the great room opens to a large sun deck and a crow's nest, constructed in 2020 with low maintenance Trex decking and vinyl railings. Here you can take in the spectacular views of the ocean and sound, or enjoy watching those famous OBX sunsets, sunrises, and the full moon over the ocean. The King master suite is adjacent to the great room and has a ceiling fan, private deck access, and a private bath with double-sink, jetted tub, and walk-in shower. The mid-level features a tiled entry foyer, 4 bedrooms, one is an ensuite with a private bath and deck access, and 3 additional bedrooms with full hall bath. On the ground level is a game room with a poker table, pool table, kitchenette with full size refrigerator and microwave, washer/dryer, and full bath conveniently located near the pool. Outside is a park-like setting under the beautiful live oaks and tucked away from the road, a spacious raised deck w/private pool & hot tub, an outdoor shower, and a carport. Just a short walk to the beach and easy bike ride to shops, restaurants, grocery stores, and Historic Corolla Village. This compound has it all, and is a perfect 2nd home, investment home, or primary home.

Last Agent to Sell the Property

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 02/04/2022

Coldwell Banker Seaside Realty - KDH

Last Buyer's Agent

Margaret Minetree

EXP Realty, LLC - Coastal License #317708

EXP Realty, LLC - Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,286

Year Built

  • Built in 1994

Lot Details

  • Lot Dimensions are 100x200
  • Landscaped
  • Level Lot
  • Wooded Lot

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 2,380 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Game Room
  • Screened Porch
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot #53

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,286

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Ocean Trail, East on Bonito St. South on Corolla Dr. pass Sailfish St. 5th house on left.
  • Extras: Beach Access, Ceiling Fan(s), Common Laundry Area, Covered Decks, Elevator, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck, Whirlpool/Spa, Dry Entry
  • Headline: Highest & Best by Mon at 10am
  • Heated Sq Ft: 2380
  • L V T Date: 02/04/2022
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 12
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res
  • Deed Book Pg Number: 159
  • 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: 5
  • Bedroom 1: On Level: 3
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 2
  • Kitchen: On Level: 3
  • Countertops: Granite, Laminate
  • Floor Coverings: Carpet, Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ensuite, Wood Fireplace
  • Dining Room: On Level: 3
  • Game Room: On Level: 1
  • Living Room: On Level: 3
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Lot Info

  • Lot Description: Level, Wooded
  • Lot Faces: E
  • Lot Size: 100x200
  • Lot Number: Lot #53
  • Deed Book: 1441

Rental Info

  • Est Annual Rental Income: 114378
  • Estimated Rental Performance: 0.1299

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2021
  • Taxes: 3286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Mar 24, 2022
Sold by
Romie Goodwin Charles and Romie Kathy H
Bought by
Mishler Sarah Jean
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Margaret Minetree
EXP Realty, LLC - Coastal
List Price
$849,000
Sold Price
$880,800
Premium/Discount to List
$31,800
3.75%
Current Estimated Value
$907,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,581
Avg. Annual Appreciation
0.80%
Original Mortgage
$704,640
Outstanding Balance
$659,759
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$247,622

Purchase Details

Listed on
Mar 15, 2017
Closed on
Apr 19, 2018
Sold by
Caporal John G and Caporal Debra E
Bought by
Goodwin Charles Romie and Goodwin Kathy H
Seller's Agent
Martha Springer
Twiddy and Company - Corolla
Buyer's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
List Price
$579,000
Sold Price
$499,900
Premium/Discount to List
-$79,100
-13.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.42%
Original Mortgage
$399,920
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2005
Sold by
Cole Phyllis C
Bought by
Caporal John G and Caporal Debra E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mishler Sarah Jean $881,000 Evans & Meads Pllc
Goodwin Charles Romie $500,000 None Available
Caporal John G $665,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mishler Sarah Jean $704,640
Previous Owner Goodwin Charles Romie $399,920
Previous Owner Caporal John G $532,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2022 03/31/22 Sold $880,800 +3.7% $370 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $849,000 +69.8% $357 / Sq Ft
04/19/2018 04/19/18 Sold $499,900 -4.8% $210 / Sq Ft View Prior Sale
03/10/2018 03/10/18 Pending -- -- --
11/27/2017 11/27/17 Price Changed $525,000 -4.4% $221 / Sq Ft
09/26/2017 09/26/17 Price Changed $549,000 -5.2% $231 / Sq Ft
03/15/2017 03/15/17 For Sale $579,000 -- $243 / 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 $3,897 $418,400 $175,000 $243,400
2024 $3,897 $418,400 $175,000 $243,400
2023 $3,881 $418,400 $175,000 $243,400
2022 $3,301 $418,400 $175,000 $243,400
2021 $3,286 $395,900 $170,000 $225,900
2020 $3,064 $395,900 $170,000 $225,900
2019 $3,061 $395,900 $170,000 $225,900
2018 $3,095 $395,900 $170,000 $225,900
2017 $2,857 $395,900 $170,000 $225,900
2016 $2,878 $395,900 $170,000 $225,900
2015 $2,881 $395,900 $170,000 $225,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117520

Outer Banks Association of REALTORS®

APN: 115A-000-0053-0012