NOT LISTED FOR SALE

870 Drifting Sands Dr Corolla, NC 27927

Estimated Value: $1,027,000 - $1,240,000

5 Beds
5 Baths
3,373 Sq Ft
$330/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $1,275,000 $378 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $6,264/month

6 Days on Market

Highlights

  • Views of a Sound
  • In Ground Pool
  • Cathedral Ceiling
  • Home fronts a sound
  • Coastal Architecture
  • Hydromassage or Jetted Bathtub

About This Home

As of May 2023

WOW FACTOR!! GORGEOUS SOUNDFRONT HOME IN THE HIGHLY DESIRABLE COMMUNITY OF MONTERAY SHORES! BEAUTIFULLY UPDATED! NEVER RENTED/IMPECCABLY MAINTAINED! BREATHTAKING SOUND VIEWS FROM ALL ANGLES! Nestled into this quiet community on the soundfront, but still just minutes form the beach...this is the ideal location! Spectacular sunsets! You will feel the love when you walk into this beautiful home, never rented and meticulously maintained. Tastefully appointed throughout. Open and spacious floor plan with natural light pouring into all rooms making every space very inviting! Featuring 5 bedrooms (3 ensuite)/5 full baths and a large great room with endless sound views. Renovated in 2015, the spacious and well designed kitchen features beautiful quartz countertops, stainless appliances and gorgeous cabinetry....perfect for large family gatherings and entertaining! The top floor features a huge soundfront primary suite with its own private deck (newly built in 2021). Newly built pier in 2022 (shared with 1 neighbor), garage and tons of storage! Lovely outdoor living space featuring a private pool, expansive decking, attractive landscaping, and awesome pier/dock and sound access. Located in the desirable community of Monteray Shores in the heart of Corolla...enjoy all of the amenities including the Club House with fitness center, playground, basketball court, tennis courts, and pool. Close to the beach as well as shops and restaurants. This home is a MUST SEE!!

Last Agent to Sell the Property

Melanie Day

Landmark Sotheby's Internation License #219374 Listed on: 03/14/2023

Landmark Sotheby's Internation

Last Buyer's Agent

Chris Keyser

Keller Williams - Outer Banks License #295416

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,978

Year Built

  • Built in 1997

Lot Details

  • Home fronts a sound
  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Property is zoned SFO

HOA Fees

  • $136 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,373 Sq Ft Home
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Screened Porch
  • Views of a Sound
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 237

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, tennis courts
  • Monteray Shores HOA, Phone Number (252) 453-4945
  • Monteray Shores Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,978

Year Built

Built in 1997

Lot Details

0

HOA Fees

$136 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Traditional, Coastal
  • Extras: Ceiling Fan(s), Jet Tub, Landscaped, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck
  • Headline: SOUNDFRONT BEAUTY!!
  • Heated Sq Ft: 3373
  • L V T Date: 03/14/2023
  • Primary Residence: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: SFO
  • Deed Book Pg Number: 647
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C20671
  • 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 w/Ice Maker, Washer
  • Bedrooms: 5
  • Countertops: Quartz
  • Floor Coverings: Carpet, Ceramic Tile, Tile, Wood Laminate
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Partial
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection
  • Optional Rooms: Shipswatch

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Tennis Courts
  • Association Fee: Yes
  • Estimated Annual Fee: 1630
  • Hoa Contact: Monteray Shores HOA
  • HOA Contact: 252-453-4945

Lot Info

  • Lot Description: Level, Water Frontage
  • Lot Number: Lot 237
  • Deed Book: 1325

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2022
  • Taxes: 2977.84

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
Apr 28, 2023
Sold by
Crone Lorraine D
Bought by
Schwenker Donald and Schwenker Terri
Seller's Agent
Melanie Day
Landmark Sotheby's Internation
Buyer's Agent
Chris Keyser
Keller Williams - Outer Banks
List Price
$1,399,000
Sold Price
$1,275,000
Premium/Discount to List
-$124,000
-8.86%
Views
21
Current Estimated Value
$1,114,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$160,639
Avg. Annual Appreciation
-4.80%

Purchase Details

Listed on
Aug 1, 2014
Closed on
Apr 23, 2015
Sold by
Naedele William and Naedele Debra B
Bought by
Crone William Henry and Crone Lorraine D
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Melanie Day
Landmark Sotheby's Internation
List Price
$634,900
Sold Price
$545,000
Premium/Discount to List
-$89,900
-14.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.22%
Original Mortgage
$175,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Schwenker Donald $7,650,000 None Listed On Document
Crone William Henry $545,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crone William Henry $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2023 05/01/23 Sold $1,275,000 -8.9% $378 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/14/2023 03/14/23 For Sale $1,399,000 +156.7% $415 / Sq Ft
05/05/2015 05/05/15 Sold $545,000 -14.2% $170 / Sq Ft View Prior Sale
02/10/2015 02/10/15 Pending -- -- --
08/01/2014 08/01/14 For Sale $634,900 -- $198 / 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 $4,094 $498,400 $150,000 $348,400
2024 $4,094 $498,400 $150,000 $348,400
2023 $4,075 $498,400 $150,000 $348,400
2022 $2,978 $498,400 $150,000 $348,400
2021 $2,963 $467,200 $180,000 $287,200
2020 $2,746 $467,200 $180,000 $287,200
2019 $2,746 $467,200 $180,000 $287,200
2018 $2,746 $467,200 $180,000 $287,200
2017 $2,493 $467,200 $180,000 $287,200
2016 $2,466 $461,600 $180,000 $281,600
2015 $2,466 $461,600 $180,000 $281,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 121684

Outer Banks Association of REALTORS®

APN: 115C-000-0237-0000