NOT LISTED FOR SALE

875 Drifting Sands Dr Corolla, NC 27927

Estimated Value: $658,000 - $815,000

4 Beds
5 Baths
2,556 Sq Ft
$287/Sq Ft Est. Value

Last Sold March 06, 2017

Last sale price $315,000 $123 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $4,234/month

201 Days on Market

Highlights

  • Views of a Sound
  • Health Club
  • Spa
  • Boat Dock
  • Home fronts a sound
  • Clubhouse

About This Home

As of March 2017

Monteray Shores Best Buy!...Lowest priced!...Spacious and open!...Ideal for primary residence, 2nd home and even year round rental!...In Flood Zone "x"!...Durable hardi plank exterior recently painted!...some sound/sunset views! The great outdoors floods into the west facing window wall...30+ windows...custom wood trim and solid pine doors!...two master suites and ground level game room too!...maybe able to fit pool on Northwest corner...ample covered and sun decking!...Wet bar in great room!...Minutes to the community soundfront pier and top of the line clubhouse/pool/sports complex!...$46,900 below assessed value!...Priced to sell quickly!...New Andersen Sliders!...Seller to provide 1 year home warranty!...Show it on the Sunday turnover!

Last Agent to Sell the Property

Daniel Fenyak

Outer Banks Blue Realty Srvcs. License #103918 Listed on: 07/01/2016

Last Buyer's Agent

Greg Cremia

Shore Realty License #127284

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,160

Year Built

  • Built in 1997

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 82x70x80x100
  • Home fronts a sound
  • Property fronts a private road
  • Landscaped
  • Corner Lot
  • Level Lot

HOA Fees

  • $124 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,556 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Views of a Sound

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 380

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, tennis courts
  • Karen Galganski Association, Phone Number (252) 722-2722
  • Built by Bob DeGabrielle
  • Monteray Shores Subdivision

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,160

Year Built

Built in 1997

Lot Details

0

HOA Fees

$124 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Ceiling Fan(s), Common Laundry Area, Covered Decks, Hot Tub, Jet Tub, Landscaped, Outside Shower, Sun Deck
  • Flood Zone: X
  • Headline: Lowest Priced MS Home!
  • Heated Sq Ft: 2556
  • L V T Date: 07/01/2016
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 001
  • Office License Number: C15771
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Fireplace, Ensuite, Walk in Closet, Washer Connection
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: Bob DeGabrielle
  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 180
  • View: Sound

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • 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 Amenities: Boat Ramp, Clubhouse, Health Club, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 1490
  • Hoa Contact: Karen Galganski
  • HOA Contact: 252-722-2722

Lot Info

  • Estimated Lot Sq Ft: 9000
  • Lot Description: Corner, Level
  • Lot Size: 82X70X80X100
  • Lot Number: Lot 380
  • Deed Book: 621

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Seaside Vacations
  • Rental Cottage Name: Quarterdeck
  • Rental Cottage Number: 1435
  • Rental Phone Number: 866-884-0267
  • Rental Turnover Day: Sun

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2015
  • Taxes: 2160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2016
Closed on
Mar 6, 2017
Sold by
Stella Samuel T and Stella Georgeanna
Bought by
Dhillon Jagit K and Dhillon Sukhbhajan S
Seller's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
Buyer's Agent
Greg Cremia
Shore Realty
List Price
$335,000
Sold Price
$315,000
Premium/Discount to List
-$20,000
-5.97%
Current Estimated Value
$727,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,816
Avg. Annual Appreciation
10.00%
Original Mortgage
$283,500
Outstanding Balance
$234,095
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$499,445

Purchase Details

Closed on
Oct 24, 2002
Bought by
Stella Samuel T and Stella Georgeanna
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
Dhillon Jagit K $315,000 Attorney
Stella Samuel T $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dhillon Jagit K $283,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2017 03/06/17 Sold $315,000 -6.0% $123 / Sq Ft
01/18/2017 01/18/17 Pending -- -- --
07/01/2016 07/01/16 For Sale $335,000 -- $131 / 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 $3,648 $452,100 $55,000 $397,100
2024 $3,648 $452,100 $55,000 $397,100
2023 $3,632 $452,100 $55,000 $397,100
2022 $2,742 $452,100 $55,000 $397,100
2021 $2,727 $407,700 $65,000 $342,700
2020 $2,431 $407,700 $65,000 $342,700
2019 $2,294 $381,900 $65,000 $316,900
2018 $2,294 $381,900 $65,000 $316,900
2017 $2,159 $381,900 $65,000 $316,900
2016 $2,159 $381,900 $65,000 $316,900
2015 -- $381,900 $65,000 $316,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 92976

Outer Banks Association of REALTORS®

APN: 115C-000-0380-0000