NOT LISTED FOR SALE

879 Corolla Dr Corolla, NC 27927

Estimated Value: $1,174,000 - $1,224,015

6 Beds
6.5 Baths
3,665 Sq Ft
$328/Sq Ft Est. Value

Last Sold May 07, 2018

Last sale price $550,000 $150 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $6,793/month

365 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Rooftop Deck
  • Beach Access
  • In Ground Pool
  • Second Refrigerator

About This Home

As of May 2018

This very spacious Whalehead home is the perfect rental property, located near the beautiful Corolla beaches and close to shops and restaurants too. Even before entering the house you can tell it has something for everyone! The driveway borders the sand volleyball court and basketball hoop. Large pool area with hot tub allows for plenty of lounging in the sun. And a half bath is conveniently located outside by the pool area. Ground floor offers a big game room with pool table, ping pong, retro full size video game & wet bar. Nice size laundry room and one master, along with another bedroom and full bath complete the first floor. Walk up the wide stairway to the mid-level which has one master and two other bedrooms, each with deck access, and 2 full bathrooms. Mid-level also has a small office and media room. A lovely chandelier greets you as you reach the very open top floor with beamed cathedral ceilings. Lots of windows allow for a bright and open living and dining area, and there is an elevated ships watch with extra seating for games or dining. Huge kitchen with large island and lots of seating for those big family gatherings. Another large bedroom and bathroom are located on the top floor. Gas fireplace, loads of sun decks, and an amazing roof top deck with fantastic panoramic views complete this wonderful vacation home. Priced below tax value and ready for your summer rentals!

Last Agent to Sell the Property

Heather McLay

OBX Homes License #188982 Listed on: 03/30/2017

OBX Homes

Last Buyer's Agent

Daniel LaRue

Corolla Beach Realty License #257370

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,303

Year Built

  • Built in 2002

Lot Details

  • Level Lot

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,665 Sq Ft Home
  • Wet Bar
  • Furnished
  • Beamed Ceilings
  • Ceiling Fan
  • Gas Fireplace
  • Home Theater
  • Game Room
  • Ocean Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool
  • Vinyl Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Rooftop Deck
  • Patio

Utilities

  • Forced Air Zoned 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 55

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,303

Year Built

Built in 2002

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: From Hwy 12 turn east on Dolphin St, then turn left on Corolla Drive. The house is about .6 miles on the right.
  • Extras: Beach Access, Ceiling Fan(s), Hot Tub, Outside Shower, Patio, Sun Deck, Roof Top Deck
  • Headline: Great Value! Spacious home!
  • Heated Sq Ft: 3665
  • L V T Date: 03/30/2017
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 11
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: res
  • Deed Book Pg Number: 19
  • Office License Number: C4556
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl, Wood
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Beamed Ceiling(s), Gas Connection, Gas Fireplace, Ensuite, Wet Bar
  • Optional Rooms: Game Room, Office, Media Room
  • Partial Bathrooms: 1

Exterior Features

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

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Heat Pump, Zoned
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 100

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 55
  • Deed Book: 1243

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: A Peace of Heaven
  • Rental Cottage Number: WC879
  • Rental Phone Number: 252-261-2222
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2017
  • Taxes: 4302.69

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
May 1, 2018
Sold by
Breen John K and Breen Karen Marie
Bought by
Christopher Frank L and Christopher Greer M Evans
Seller's Agent
Heather McLay
OBX Homes
Buyer's Agent
Daniel LaRue
Corolla Beach Realty
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Current Estimated Value
$1,202,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$652,004
Avg. Annual Appreciation
10.76%
Original Mortgage
$440,000
Outstanding Balance
$253,905
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$948,099

Purchase Details

Listed on
Mar 11, 2012
Closed on
Mar 18, 2013
Sold by
Kearney Christopher O
Bought by
Breen John K and Breen Karen Marie
Seller's Agent
Ralph Hodges
Default, Office
Buyer's Agent
Holleay Parcker
Spinnaker Realty, LLC
List Price
$675,000
Sold Price
$575,000
Premium/Discount to List
-$100,000
-14.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.87%
Original Mortgage
$417,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2009
Sold by
Smith Kenneth E and Smith Michele P
Bought by
Kearney Christopher O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Christopher Frank L $550,000 None Available
Breen John K $575,000 None Available
Kearney Christopher O $680,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christopher Frank L $440,000
Previous Owner Breen John K $417,000
Previous Owner Kearney Christopher O $408,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2018 05/07/18 Sold $550,000 -4.2% $150 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
01/29/2018 01/29/18 Price Changed $574,000 -0.9% $157 / Sq Ft
09/19/2017 09/19/17 Price Changed $579,000 -3.3% $158 / Sq Ft
03/30/2017 03/30/17 For Sale $599,000 +4.2% $163 / Sq Ft
03/29/2013 03/29/13 Sold $575,000 -14.8% $145 / Sq Ft View Prior Sale
01/23/2013 01/23/13 Pending -- -- --
03/11/2012 03/11/12 For Sale $675,000 -- $171 / 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 $6,066 $660,800 $175,000 $485,800
2024 $6,066 $660,800 $175,000 $485,800
2023 $6,050 $660,800 $175,000 $485,800
2022 $5,122 $660,800 $175,000 $485,800
2021 $4,980 $615,100 $170,000 $445,100
2020 $4,650 $615,100 $170,000 $445,100
2019 $4,646 $615,100 $170,000 $445,100
2018 $4,646 $612,500 $170,000 $442,500
2017 $4,303 $612,500 $170,000 $442,500
2016 $4,334 $612,500 $170,000 $442,500
2015 $4,330 $612,500 $170,000 $442,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 95836

Outer Banks Association of REALTORS®

APN: 115A-000-0055-0011