NOT LISTED FOR SALE

Estimated Value: $882,000 - $1,045,399

5 Beds
4.5 Baths
2,143 Sq Ft
$437/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $761,000 $355 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,523/month

3 Days on Market

Highlights

  • Boat Dock
  • In Ground Pool
  • Corner Lot
  • Health Club
  • Cathedral Ceiling
  • Furnished

About This Home

As of March 2022

Breathtaking income generating 5 bedroom - 4 1/2 bath Corolla home. This home is a top producer with $78,633 in confirmed gross rentals. The upper level boasts a very large great room with a half bath and a primary/owners suite with king bed and ensuite bath. The mid-level has three bedrooms, one with ensuite bath. There is also a sitting/lounging area for entertainment. The ground level has the 5th bedroom with a full bath and access to the pool deck. There is multi-level decking with multiple lounge areas and a hot tub. Each bedroom features direct access to the multi-level decking. The home is centrally located in Corolla close to shopping, entertainment, restaurants, golf, beautiful wide beaches, and kayaking. There is also everyone's favorite - viewing the wild horses as they roam the beach. Monteray Shores has a large community pool with rest rooms and an outdoor shower, basketball courts, tennis courts, fitness center and boat ramp for you and your guests to enjoy. A new fortified roof is scheduled to be installed on February 1.

Last Agent to Sell the Property

Chuck Motosko

Charles S Motosko License #188928 Listed on: 01/28/2022

Last Buyer's Agent

* **Not a Member

**Not a Member License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,771

Year Built

  • Built in 1996

Lot Details

  • Corner Lot
  • Level Lot

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 2,143 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Window Treatments

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot lot 98

Community Details

Overview

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

Amenities

  • Common Area

Recreation

  • Boat Dock
  • Health Club
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,771

Year Built

Built in 1996

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: 12 North, Turn left on Monteray Drive, House on corner of Monteray Drive and Sea Ridge Drive
  • Headline: $78,633 in Rentals 2021
  • Heated Sq Ft: 2143
  • L V T Date: 01/28/2022
  • Sale/Rent: For Sale
  • Zoning: res
  • Advertised Income 2021: 78633
  • Deed Book Pg Number: 560
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Washer
  • Bedrooms: 5
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Ensuite, Pantry, Washer Connection, Wood Fireplace
  • Partial Bathrooms: 1

Exterior Features

  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Gunite, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Tennis Courts
  • Association Amenities: Boat Ramp, Health Club, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 1800
  • Hoa Contact: Amy Wiggins
  • HOA Contact: 252-453-4945

Lot Info

  • Lot Description: Corner, Level
  • Lot Number: lot 98
  • Deed Book: 1565

Rental Info

  • Rental Co: KEES Vacation Rentals
  • Rental Cottage Name: Yes Dear

Building Info

  • Year Built: 1996

Tax Info

  • Year: 2021
  • Taxes: 2770.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2022
Sold by
Rudman Michael R
Bought by
Rudman Real Estate Llc
Current Estimated Value
$936,800

Purchase Details

Closed on
Apr 16, 2008
Sold by
Bryant David M and Bryant Aneita B
Bought by
Rose Michael T and Rose Sherry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Rudman Real Estate Llc -- Priority Title
Rose Michael T $480,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rudman Michael R $637,500
Previous Owner Poffenberger Gary A $340,000
Previous Owner Rose Michael T $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2022 03/10/22 Sold $761,000 +11.9% $355 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $680,000 +41.7% $317 / Sq Ft
10/02/2020 10/02/20 Sold $480,000 -3.0% $208 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
05/17/2020 05/17/20 For Sale $495,000 +3.1% $215 / Sq Ft
04/01/2020 04/01/20 Off Market $480,000 -- --
10/09/2019 10/09/19 For Sale $495,000 -- $215 / 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
2024 $3,699 $450,100 $55,000 $395,100
2023 $3,699 $450,100 $55,000 $395,100
2022 $2,791 $450,100 $55,000 $395,100
2021 $2,771 $348,100 $65,000 $283,100
2020 $2,190 $348,100 $65,000 $283,100
2019 $2,190 $348,100 $65,000 $283,100
2018 $2,190 $348,100 $65,000 $283,100
2017 $1,989 $348,100 $65,000 $283,100
2016 $1,989 $348,100 $65,000 $283,100
2015 $1,989 $348,100 $65,000 $283,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117441

Outer Banks Association of REALTORS®

APN: 115C-000-0098-0000