NOT LISTED FOR SALE

882 Corolla Dr Corolla, NC 27927

Estimated Value: $976,000 - $1,246,000

8 Beds
6 Baths
3,932 Sq Ft
$277/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $515,000 $131 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,911/month

352 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Traditional Architecture
  • Beach Access
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of May 2020

Spacious Whalehead 8 bedroom/ 6 bath rental property with Ocean Views! A favorite with renters, this property offers 4 Master Ensuite's - on 3 different levels - an open concept living/dining/kitchen area, shaded decks, ground level game room with kitchenette, large pool/picnic/hot tub area, and Ocean Views! The kitchen area features GE stainless appliances, a pantry, and a large breakfast bar. Multiple dining areas give everyone a place to gather - whether in a large or small group. Enjoy the gas fireplace on chilly nights in the beamed-ceiling family room bathed with lots of natural light. The wide, top level deck offers ocean views to the east and wraps around to the perfect spot to dine al fresco just off the kitchen. More bedrooms are on the mid-level offering a variety of bed configurations to accommodate a variety of vacationers. This level is highlighted by covered decks where folks can rock and swing in the shade while enjoying the lovely ocean breezes. Another level offers more bedrooms and a full washer/dryer- perfect for large groups and all those wet towels from the beach or pool. The gameroom is the perfect spot for shooting pool or just cooling off after sunning by the large pool area- or maybe hoops in the driveway or volleyball in the backyard. There is plenty to do and plenty of room to do it in and vacationers will appreciate it all.

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 05/20/2019

Keller Williams - Outer Banks

Last Buyer's Agent

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 05/20/2019

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,370

Year Built

  • Built in 1998

Lot Details

  • 0.46 Acre Lot
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,932 Sq Ft Home
  • Wet Bar
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Corian Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Beach Access
  • Covered Deck

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 lot 64

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,370

Year Built

Built in 1998

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Traditional
  • Directions: Ocean Trail north to right onto Dolphin St (across from Ace); left onto Corolla Drive; about 1/2 mile ahead on the left.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub
  • Flood Zone: X
  • Headline: Pristine! Ocean Views!
  • Heated Sq Ft: 3932
  • L V T Date: 05/20/2019
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 11
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: res
  • Advertised Income 2020: 57612
  • Deed Book Pg Number: 501
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • 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, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Corian, Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Wood Laminate
  • Foundation: Piling, Slab
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Game Room, Pantry

Exterior Features

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

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 45

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Number: lot 64
  • Estimated Lot Size: 0.46
  • Deed Book: 767

Rental Info

  • Est Annual Rental Income: 71675
  • Estimated Rental Performance: 0.1392
  • Lease Terms: Weekly
  • Rental Co: Resort Realty
  • Rental Cottage Name: Clear View
  • Rental Cottage Number: #1483
  • Rental Contact Name: Debbie Hartlove

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2019
  • Taxes: 4370

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
May 22, 2020
Sold by
St Clair Pamela R and Hatfield Douglas W
Bought by
Shell T Holdings Llc and Failte Holdings Llc
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$574,900
Sold Price
$515,000
Premium/Discount to List
-$59,900
-10.42%
Current Estimated Value
$1,089,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$574,112
Avg. Annual Appreciation
14.28%

Purchase Details

Closed on
Apr 21, 2004
Bought by
Hatfield, Wesley J Trustee
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
Shell T Holdings Llc $515,000 None Available
Hatfield, Wesley J Trustee -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2020 05/28/20 Sold $515,000 -10.4% $131 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
01/05/2020 01/05/20 For Sale $574,900 0.0% $146 / Sq Ft
01/05/2020 01/05/20 Price Changed $574,900 -4.0% $146 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
10/10/2019 10/10/19 Price Changed $599,000 -2.6% $152 / Sq Ft
08/28/2019 08/28/19 Price Changed $614,900 -3.2% $156 / Sq Ft
05/20/2019 05/20/19 For Sale $635,000 -- $161 / 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 $2,610 $559,500 $125,000 $434,500
2024 $2,610 $559,500 $125,000 $434,500
2023 $2,611 $559,500 $125,000 $434,500
2022 $2,206 $559,500 $125,000 $434,500
2021 $4,397 $559,700 $160,000 $399,700
2020 $4,371 $559,700 $160,000 $399,700
2019 $4,357 $559,700 $160,000 $399,700
2018 $4,357 $559,700 $160,000 $399,700
2017 $4,060 $559,700 $160,000 $399,700
2016 $4,089 $559,700 $160,000 $399,700
2015 $4,089 $559,700 $160,000 $399,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 105221

Outer Banks Association of REALTORS®

APN: 115A-000-0064-0011