NOT LISTED FOR SALE

900 Monteray Dr Corolla, NC 27927

Estimated Value: $715,000 - $763,000

4 Beds
3.5 Baths
1,909 Sq Ft
$389/Sq Ft Est. Value

Last Sold August 11, 2016

Last sale price $328,000 $172 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $4,293/month

64 Days on Market

Highlights

  • Views of a Sound
  • Home fronts a sound
  • Clubhouse
  • Boat Dock
  • In Ground Pool
  • Wood Flooring

About This Home

As of August 2016

Check out the price on this beautiful brand new construction in Monteray Shores of Corolla, ready for you this summer. The views of the Currituck Sound from the back deck is the perfect way to wind down from a day at the beach with the beautiful Outer Banks sunsets. This 4 bedroom 3.5 bath also has a game room and a private swimming pool, so you don't need to go to the community pool. The neighborhood does have tennis courts, a basketball court, playground, walkways, boat ramp and pier for sound access. Easy ocean access in the Whalehead Club subdivision. Strong rental potential. Located in the X flood zone!! Should be completed by end of June!!

Last Agent to Sell the Property

Adam Burkhimer

SERHANT North Carolina LLC License #233309 Listed on: 04/29/2016

Co-Listed By

Shane Collins

SERHANT North Carolina LLC License #271508

Last Buyer's Agent

Heather Sakers

Coldwell Banker Seaside Realty KH License #255119

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $312

Year Built

  • Built in 2016

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 110x94.44x111.22x110.89
  • Home fronts a sound
  • Property fronts a private road
  • Property is zoned SFO/CPUD

HOA Fees

  • $124 Monthly HOA Fees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,909 Sq Ft Home
  • Ceiling Fan
  • Game Room
  • Views of a Sound
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool

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 99

Community Details

Overview

  • Association fees include grounds maintenance, management, pool, road maintenance, tennis courts, walkways
  • Karen Galganski Association, Phone Number (252) 722-2722
  • Built by Conway Construction
  • Monteray Shores Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$312

Year Built

Built in 2016

Lot Details

0

HOA Fees

$124 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: Take main entrance west into Monteray Shores onto Monteray Drive. Head south (left) at roundabout. House will be on right, directly across from Windward Way.
  • Extras: Ceiling Fan(s), Covered Decks, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Headline: New Construction Sound Views
  • Heated Sq Ft: 1909
  • L V T Date: 04/29/2016
  • Phase: 1
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Semi-Soundfront
  • Zoning: SFO/CPUD
  • Deed Book Pg Number: 55
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Conway Construction
  • Construction: Frame, Wood
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: In Ground, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 110
  • View: Sound

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance, Management, Pool, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Boat Ramp, Clubhouse, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 1490
  • Hoa Contact: Karen Galganski
  • HOA Contact: 252-722-2722

Lot Info

  • Estimated Lot Sq Ft: 11293
  • Lot Faces: E
  • Lot Size: 110x94.44x111.22x110.89
  • Lot Number: Lot 99
  • Deed Book: 1352

Rental Info

  • Est Annual Rental Income: 34000

Building Info

  • Year Built: 2016

Tax Info

  • Year: 2015
  • Taxes: 312

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2016
Closed on
Aug 9, 2016
Sold by
St Michaels Construction Llc
Bought by
Tsang Wai K and Tsang Wayne H
Seller's Agent
Adam Burkhimer
SERHANT North Carolina LLC
Buyer's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
List Price
$369,900
Sold Price
$328,000
Premium/Discount to List
-$41,900
-11.33%
Current Estimated Value
$743,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,090
Avg. Annual Appreciation
9.10%
Original Mortgage
$262,400
Outstanding Balance
$208,227
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$534,863

Purchase Details

Closed on
Apr 5, 2016
Sold by
Conway Matthew C and Conway Marina N
Bought by
St Michaels Construction Llc and Conway Construction

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 6, 2015
Closed on
Jan 12, 2016
Sold by
Gardiner George C and Gardiner Margarita H
Bought by
Conway Matthew C
Seller's Agent
Bryant Carter
Keller Williams - Outer Banks
Buyer's Agent
Adam Burkhimer
SERHANT North Carolina LLC
List Price
$60,000
Sold Price
$38,000
Premium/Discount to List
-$22,000
-36.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.75%
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
Tsang Wai K $328,000 Attorney
St Michaels Construction Llc -- Attorney
Conway Matthew C $38,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsang Wai K $262,400
Previous Owner St Michaels Construction Llc $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2016 08/11/16 Sold $328,000 -11.3% $172 / Sq Ft
07/02/2016 07/02/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $369,900 +873.4% $194 / Sq Ft
01/13/2016 01/13/16 Sold $38,000 -36.7% -- View Prior Sale
10/22/2015 10/22/15 Pending -- -- --
01/06/2015 01/06/15 For Sale $60,000 -- --
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 $3,312 $404,100 $55,000 $349,100
2024 $3,312 $404,100 $55,000 $349,100
2023 $3,296 $404,100 $55,000 $349,100
2022 $2,497 $404,100 $55,000 $349,100
2021 $2,482 $324,400 $65,000 $259,400
2020 $1,989 $324,400 $65,000 $259,400
2019 $1,989 $324,400 $65,000 $259,400
2018 $1,989 $323,300 $65,000 $258,300
2017 $1,802 $323,300 $65,000 $258,300
2016 $312 $65,000 $65,000 $0
2015 $312 $65,000 $65,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 92237

Outer Banks Association of REALTORS®

APN: 115C-000-0099-0000