NOT LISTED FOR SALE

901 Corolla Dr Corolla, NC 27927

Estimated Value: $1,348,944 - $1,492,000

8 Beds
8 Baths
3,775 Sq Ft
$374/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $935,000 $248 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $8,012/month

157 Days on Market

Highlights

  • Ocean View
  • Second Refrigerator
  • Cathedral Ceiling
  • Outdoor Pool
  • Coastal Architecture
  • Furnished

About This Home

As of March 2021

Situated majestically on one of the highest spots in Whalehead, this grand 8-bedroom Southern Beach Cottage allows you to relax in style while taking in magnificent views of the Atlantic Ocean from the top level and the many comfortably furnished decks. Walk straight from this corner lot location to the beach in less than 2 minutes. The amenities of this Corolla rental machine mean your family and guests want for nothing! Fun in the sun means splashing around in the 17 x 30 heated pool, relaxing under the poolside shade trellis or soaking in the brand new (2020) hot tub. And for the grillmaster in the group, a park-style charcoal grill in the back yard awaits the next feast! Through the sliding glass doors, you can enjoy a game of billiards in the rec room or challenge your friends to a game of foosball. The rec room also is decked out with a wet bar, full-sized fridge, and a stereo with outside speakers. Each bedroom is beautifully decorated in coastal accents. Two of the ensuites feature garden tubs. A two-story foyer leads to the top floor which boasts ceramic tiled floors and a spacious and comfortably decorated great room complete with gas fireplace for those chilly fall nights. Expansive views from the walls of windows and doors facing east allow you to take in views and the gorgeous Carolina sunshine. The well-equipped kitchen offers granite tiled counters and double dishwashers. As we said, your family, friends and guests will want for nothing in this gorgeous Whalehead home! Don't miss out!

Last Agent to Sell the Property

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 08/13/2020

Keller Williams - Outer Banks

Last Buyer's Agent

Diane Keeley

BHHS RW Towne Mt Pleasant License #314498

BHHS RW Towne Mt Pleasant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,273

Year Built

  • Built in 2002

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 110' x 200'

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 3,775 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Game Room
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Vinyl Pool
  • Spa

Outdoor Features

  • Covered Deck

Utilities

  • Water Filtration System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 61

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,273

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Water Filter
  • Flood Zone: X
  • Subdivision Name: Whalehead Club/115A
  • Headline: Gorgeous Whalehead Opportunity
  • Heated Sq Ft: 3775
  • L V T Date: 08/13/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 10
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res
  • Advertised Income 2020: 99919
  • Advertised Income 2021: 90944
  • Deed Book Pg Number: 625
  • 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, Microwave, Range/Oven, Refrigerator, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Floor Coverings: Carpet, Tile
  • Foundation: Slab
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Connection, Gas Fireplace, Ensuite, Wet Bar
  • Optional Rooms: Game Room

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Vinyl, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Septic Fee: 127
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 930

Lot Info

  • Estimated Lot Sq Ft: 22216
  • Lot Size: 110' x 200'
  • Lot Number: Lot 61
  • Estimated Lot Size: 0.51
  • Deed Book: 681

Rental Info

  • Est Annual Rental Income: 98022
  • Estimated Rental Performance: 0.1048
  • Lease Terms: Weekly
  • Maintenance Expenses: 850
  • Other Expenses: 280
  • Other Expenses2: 60
  • Other Expenses3: 300
  • Poolspa Expense: 3973
  • Rental Co: Vacasa - North
  • Rental Cottage Name: Summer Breeze Too
  • Rental Cottage Number: 4001
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1410
  • Annual Electric: 3775
  • Annual Telephone Expense: 631
  • Annual Water Expense: 1150
  • Rental Contact Email: corollainfo@vacasa.com
  • Rental Contact Name: Corolla Classic Vacations
  • Rental Contact Phone: (252) 453-9660

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2019
  • Taxes: 5272.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Mar 4, 2021
Sold by
Sacks Richand H
Bought by
Parry Brett W and Parry Janee M
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Diane Keeley
BHHS RW Towne Mt Pleasant
List Price
$970,000
Sold Price
$935,000
Premium/Discount to List
-$35,000
-3.61%
Current Estimated Value
$1,413,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$478,486
Avg. Annual Appreciation
9.03%
Original Mortgage
$725,000
Outstanding Balance
$645,466
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$768,020

Purchase Details

Closed on
Jun 6, 2003
Bought by
Sacks Richard H
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
Parry Brett W $935,000 None Available
Sacks Richard H $995,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parry Brett W $725,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2021 03/16/21 Sold $935,000 -1.5% $248 / Sq Ft
01/17/2021 01/17/21 Pending -- -- --
12/14/2020 12/14/20 Price Changed $949,000 -2.2% $251 / Sq Ft
08/13/2020 08/13/20 For Sale $970,000 -- $257 / 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 $7,266 $798,500 $183,800 $614,700
2024 $7,266 $798,500 $183,800 $614,700
2023 $7,250 $798,500 $183,800 $614,700
2022 $6,108 $798,500 $183,800 $614,700
2021 $6,093 $705,400 $178,500 $526,900
2020 $5,275 $705,400 $178,500 $526,900
2019 $5,273 $705,400 $178,500 $526,900
2018 $5,273 $705,400 $178,500 $526,900
2017 $4,900 $705,400 $178,500 $526,900
2016 $4,942 $705,400 $178,500 $526,900
2015 $4,922 $705,400 $178,500 $526,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110538

Outer Banks Association of REALTORS®

APN: 115A-000-0061-0010