NOT LISTED FOR SALE

881 Corolla Dr Corolla, NC 27927

Estimated Value: $836,000 - $1,190,000

7 Beds
5.5 Baths
3,036 Sq Ft
$340/Sq Ft Est. Value

Last Sold March 26, 2015

Last sale price $557,000 $183 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,727/month

9 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Wood Flooring
  • Beach Access
  • Cathedral Ceiling
  • Main Floor Bedroom

About This Home

As of March 2015

New landscaping, New bamboo floors, new ceramic tile, new carpet. ALL NEW FURNITURE. 9 new flat screen tvs. New slate appliances in kitchen, Dining seating for 16 people. New Amazonas granite just installed in kitchen and rec room kitchenette. New washer ,dryer. 4 new sliders. Undermount sinks in kitchen and rec. room kitchenette. Fabulous new rec. room with 8 ft. Brunswick pool table, new stainless fridge and microwave. Rental projection mid 50s. Large private pool, hot tub. This home has everything! Fabulous second home or rental. Just opened and we already have 4 weeks booked.

Last Agent to Sell the Property

Toy Warden

RE/MAX Coastal Associates - Outer Banks License #170337 Listed on: 01/29/2015

RE/MAX Coastal Associates - Outer Banks

Co-Listed By

Becky Rockis

Sun Realty - Corolla License #275099

Last Buyer's Agent

Kathy Sawyer

Village Realty Holdings, LLC - License #88741

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,615

Year Built

  • Built in 1997

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Level Lot

Home Design

  • Reverse Style Home
  • Entry on the 1st floor
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,036 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Screened Porch
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck
  • Storage Shed

Utilities

  • Central 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 54

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,615

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Ocean Trail to Whalehead Right side of Corolla Drive
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Outside Shower, Screened Porch, Smoke Detector(s), Storage Shed, Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Whalehead Club
  • Headline: FABULOUS & SPARKLING NEW!
  • Heated Sq Ft: 3036
  • Roads: Public
  • Sale/Rent: For Sale
  • Section: Section 11
  • Unit Level Number: 1
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res
  • Deed Book Pg Number: 223
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 7
  • Bedroom 1: On Level: 2
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 1
  • Bedroom 5: On Level: 1
  • Bedroom 6: On Level: Ground
  • Bedroom 7: On Level: Ground
  • Kitchen: On Level: 2
  • Countertops: Laminate, Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ensuite, Pantry
  • Dining Room: On Level: 2
  • Family Room: On Level: Ground
  • Game Room: On Level: Basement
  • Living Room: On Level: 2
  • Optional Rooms: Game Room, Utility Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • Sun Deck Size: Large
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Faces: W
  • Lot Size: 100x200
  • Lot Number: Lot 54
  • Deed Book: 863

Rental Info

  • Est Annual Rental Income: 55000
  • Estimated Rental Performance: 0.0987
  • Rental Co: Seaside Vacations
  • Rental Cottage Name: Stackin Bananas
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 1997

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2014
  • Taxes: 3614.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2020
Sold by
Doumar George A
Bought by
881 Corolla Drive Llc
Current Estimated Value
$1,018,190

Purchase Details

Listed on
Jan 29, 2015
Closed on
Mar 18, 2015
Sold by
Wilkinson Pamela L and Wilkinson Dean M
Bought by
Doumar George R A
Seller's Agent
Toy Warden
RE/MAX Coastal Associates - Outer Banks
Buyer's Agent
Kathy Sawyer
Village Realty Holdings, LLC -
List Price
$579,900
Sold Price
$557,000
Premium/Discount to List
-$22,900
-3.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$292,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2013
Closed on
Nov 8, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Wilkinson Pamela L and Wilkinson Dean M
Seller's Agent
Mary Fouty-Davis
Sun Realty - Kitty Hawk / Currituck
Buyer's Agent
* **Not a Member
**Not a Member
List Price
$439,000
Sold Price
$347,130
Premium/Discount to List
-$91,870
-20.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.87%
Original Mortgage
$250,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2012
Sold by
Spencer Kevin P and Spencer Leonette M
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
May 5, 2005
Sold by
Kclb Llc
Bought by
Spencer Kevin P and Spencer Leonette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
5.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
881 Corolla Drive Llc -- None Available
Doumar George R A $557,000 None Available
Wilkinson Pamela L $347,500 None Available
Nationstar Mortgage Llc $562,500 None Available
Spencer Kevin P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doumar George R A $292,000
Previous Owner Wilkinson Pamela L $250,000
Previous Owner Spencer Kevin P $570,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2015 03/26/15 Sold $557,000 -3.9% $183 / Sq Ft
02/07/2015 02/07/15 Pending -- -- --
01/29/2015 01/29/15 For Sale $579,900 +67.1% $191 / Sq Ft
12/05/2013 12/05/13 Sold $347,130 -20.9% $116 / Sq Ft View Prior Sale
10/26/2013 10/26/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $439,000 -- $147 / 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 $4,909 $523,900 $175,000 $348,900
2024 $4,893 $523,900 $175,000 $348,900
2023 $4,443 $523,900 $175,000 $348,900
2022 $4,151 $523,900 $175,000 $348,900
2021 $4,136 $492,100 $170,000 $322,100
2020 $3,864 $492,100 $170,000 $322,100
2019 $3,853 $492,100 $170,000 $322,100
2018 $3,853 $492,100 $170,000 $322,100
2017 $3,589 $492,100 $170,000 $322,100
2016 $3,615 $492,100 $170,000 $322,100
2015 $3,615 $492,100 $170,000 $322,100
Source: Public Records

Agents Affiliated with this Home

  • Toy Warden

    Seller's Agent in 2015

    Toy Warden

    RE/MAX Coastal Associates - Outer Banks

    (252) 489-8431

    8 in this area

    69 Total Sales

    Toy Warden
    Section Image
  • Becky Rockis

    Seller Co-Listing Agent in 2015

    Becky Rockis

    Sun Realty - Corolla

    (252) 475-0599

    5 in this area

    27 Total Sales

    Becky Rockis
    Section Image
  • Kathy Sawyer

    Buyer's Agent in 2015

    Kathy Sawyer

    Village Realty Holdings, LLC -

    (252) 457-1950

    23 in this area

    63 Total Sales

    Kathy Sawyer
    Section Image

  • M

    Seller's Agent in 2013

    Mary Fouty-Davis

    Sun Realty - Kitty Hawk / Currituck

    (252) 261-3892

    Mary Fouty-Davis
    Section Image

  • *

    Buyer's Agent in 2013

    * **Not a Member

    **Not a Member

See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 86560

Outer Banks Association of REALTORS®

APN: 115A-000-0054-0011

North Carolina Currituck County Corolla 27927

881 Corolla Dr, Corolla, NC

Not Listed for Sale

Detached

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