NOT LISTED FOR SALE

885 Marsh Landing Corolla, NC 27927

Estimated Value: $720,000 - $912,000

6 Beds
4.5 Baths
2,770 Sq Ft
$290/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $400,000 $144 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,702/month

133 Days on Market

Highlights

  • Community Beach Access
  • Boat Dock
  • Spa
  • Views of a Sound
  • Home fronts a sound
  • Clubhouse

About This Home

As of October 2012

Enjoy the sunsets over the sound from the spacious decks of this 6-bedroom home. Sound access is just across the street from this private, corner lot. Large pool, screened porch with hot tub, another top level screened porch, gas fireplace, shipswatch and outdoor shower complete the package of this perfect beach home.

Last Agent to Sell the Property

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 04/24/2012

Keller Williams - Outer Banks

Last Buyer's Agent

Jack & Carol Riggle

Outer Banks Realty Group License #185778

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,686

Year Built

  • Built in 1995

Lot Details

  • Home fronts a sound
  • Lot includes common area
  • Landscaped
  • Level Lot

HOA Fees

  • $124 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Synthetic Stucco Exterior

Interior Spaces

  • 2,770 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Screened Porch
  • Views of a Sound
  • Fire and Smoke Detector
  • Attic

Kitchen

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

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot # 250

Community Details

Overview

  • Association fees include common electric, common insurance, road maintenance, tennis courts, walkways
  • Monteray Shores Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Community Beach Access
  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,686

Year Built

Built in 1995

Lot Details

0

HOA Fees

$124 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck
  • Headline: Semi-Soundfront!
  • Heated Sq Ft: 2770
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 752
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 6
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Attic, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Walk in Closet, Washer Connection
  • Optional Rooms: Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Synth Stucco
  • Pool: Yes
  • Pool Type: Outdoor
  • Roof: Asphalt/Fiber Shingle
  • View: Sound

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Boat Ramp, Clubhouse, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 1490

Lot Info

  • Lot Description: Adj. To Common Area, Level
  • Lot Number: Lot # 250
  • Deed Book: 837

Rental Info

  • Est Annual Rental Income: 33713
  • Estimated Rental Performance: 0.0843
  • Lease Terms: Weekly
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Carolina Calypso
  • Rental Cottage Number: MS130
  • Rental Phone Number: 453-3335
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual

Building Info

  • Year Built: 1995

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 1685.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2012
Closed on
Oct 15, 2012
Sold by
Cohen Robert J and Cohen Donna C
Bought by
Flannery Paul F and Flannery Valerie A
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Jack & Carol Riggle
Outer Banks Realty Group
List Price
$439,000
Sold Price
$400,000
Premium/Discount to List
-$39,000
-8.88%
Current Estimated Value
$821,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,672
Avg. Annual Appreciation
5.40%
Original Mortgage
$200,000
Outstanding Balance
$137,963
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$665,058

Purchase Details

Closed on
Jan 13, 2005
Sold by
Kling Timothy G and Kling Candice K
Bought by
Cohen Robert J and Cohen Donna C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,200
Interest Rate
5.62%
Mortgage Type
New Conventional
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
Flannery Paul F $400,000 None Available
Cohen Robert J $529,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flannery Paul F $200,000
Previous Owner Cohen Robert J $423,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2012 10/19/12 Sold $400,000 -8.9% $144 / Sq Ft
09/04/2012 09/04/12 Pending -- -- --
04/24/2012 04/24/12 For Sale $439,000 -- $158 / 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 $3,371 $412,600 $55,000 $357,600
2024 $3,371 $412,600 $55,000 $357,600
2023 $3,355 $412,600 $55,000 $357,600
2022 $2,540 $412,600 $55,000 $357,600
2021 $2,525 $378,600 $65,000 $313,600
2020 $2,277 $378,600 $65,000 $313,600
2019 $2,277 $378,600 $65,000 $313,600
2018 $2,277 $378,600 $65,000 $313,600
2017 $2,067 $378,600 $65,000 $313,600
2016 $2,067 $378,600 $65,000 $313,600
2015 $2,067 $378,600 $65,000 $313,600
Source: Public Records

Agents Affiliated with this Home

  • Sarah Spencer

    Seller's Agent in 2012

    Sarah Spencer

    Keller Williams - Outer Banks

    (252) 202-3357

    94 in this area

    294 Total Sales

    Sarah Spencer
    Section Image

  • J

    Buyer's Agent in 2012

    Jack & Carol Riggle

    Outer Banks Realty Group

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 74616

Outer Banks Association of REALTORS®

APN: 115C-000-0250-0000

North Carolina Currituck County Corolla 27927

885 Marsh Landing, Corolla, NC

Not Listed for Sale

Detached

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