NOT LISTED FOR SALE

903 Windward Way Corolla, NC 27927

Corolla Area

Estimated Value: $751,000 - $1,720,000

6 Beds
5.5 Baths
2,900 Sq Ft
$361/Sq Ft Est. Value

Sale Details

Date Sold: August 2, 2023

Last sale price $775,000 $267 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,119 / mo

16 Days on Market

Highlights

  • Community Boat Dock
  • In Ground Pool
  • Clubhouse
  • Knotts Island Elementary School Rated 9+
  • Sauna
  • Furnished

About This Home

As of August 2023

Welcome to Mermaids Cove located on a quiet cul-de-sac in the Monteray Shores subdivision in the heart of Corolla! This light and bright 6 bedroom 5.5 bath home has a strong history of rental income thanks to the many amenities of the property (private pool, hot tub, outdoor tiki bar, sauna, game room, and spacious decks) and the Monteray Shores community (pool, basketball, tennis, playground, sound access, fitness center, and clubhouse). Easy beach access at Bonito St with parking. Newer Roof and new flooring throughout. Level 1: game room w/ kitchenette & Foosball and a master bedroom w/ queen bed. Level 2: 2 king master bedrooms, queen bedroom, bedroom w/ 2 bunk beds, full bathroom. Level 3: Open living area, kitchen, king master bedroom, half bathroom.

Last Agent to Sell the Property

Samantha Lauric

Beach Realty & Construction-KH License #323647 Listed on: 05/31/2023

Last Buyer's Agent

Christian Lawrence

SAGA Realty and Construction License #325156

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,544

Year Built

  • Built in 1994

Lot Details

  • Cul-De-Sac
  • Property is zoned SFO

HOA Fees

  • $123 Monthly HOA Fees

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 2,900 Sq Ft Home
  • Furnished
  • Screened Porch
  • Sauna

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Tiki or Chickee Hut

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Fuel Tank
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot # 15

Community Details

Overview

  • Association fees include common electric
  • Association Consultants Association, Phone Number (252) 500-0100
  • Monteray Shores Subdivision

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,544

Year Built

Built in 1994

Lot Details

0.26 Acres

HOA Fees

$123 per month

Listing Details

  • Class: RESIDENTIAL
  • Extras: Hot Tub, Outside Shower, Screened Porch, Sauna, Sun Deck, Tiki Bar, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: Light, bright, & amenities!
  • Heated Sq Ft: 2900
  • L V T Date: 05/31/2023
  • Sale/Rent: For Sale
  • Zoning: SFO
  • Deed Book Pg Number: 4
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3297
  • 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, Washer
  • Bedrooms: 6
  • Floor Coverings: Carpet, Wood Laminate
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Partial Bathrooms: 1

Exterior Features

  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport

Utilities

  • Cooling: Central
  • Heating: Central, Electric, Heat Pump
  • Fuel Tanks: Leased
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric
  • Association Amenities: Boat Ramp, Clubhouse, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 1474
  • Hoa Contact: Association Consultants
  • HOA Contact: 252-500-0100

Lot Info

  • Lot Description: Cul-de-sac
  • Lot Number: Lot # 15
  • Deed Book: 1722

Rental Info

  • Est Annual Rental Income: 67917
  • Estimated Rental Performance: 0.0876
  • Lease Terms: Weekly
  • Rental Co: Resort Realty
  • Rental Cottage Name: Mermaids Cove
  • Rental Cottage Number: 1540
  • Rental Phone Number: 252 441 5000
  • Rental Turnover Day: Sunday
  • Rental Contact Phone: 252-441-5000

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2022
  • Taxes: 2544

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Jul 17, 2023
Sold by
Bought by
Seller's Agent
Samantha Lauric
Beach Realty & Construction-KH
Buyer's Agent
Christian Lawrence
SAGA Realty and Construction
List Price
$795,000
Sold Price
$775,000
Premium/Discount to List
-$20,000
-2.52%
Views
37
Current Estimated Value
$1,045,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,452
Avg. Annual Appreciation
10.57%
Original Mortgage
$581,250
Interest Rate
0.0667%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 4, 2022
Closed on
Jan 12, 2023
Sold by
Bought by
Seller's Agent
Melanie Day
Landmark Sotheby's Internation
Buyer's Agent
Samantha Lauric
Beach Realty & Construction-KH
List Price
$795,000
Sold Price
$725,000
Premium/Discount to List
-$70,000
-8.81%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.15%

Purchase Details

Listed on
Jul 9, 2019
Closed on
Jul 14, 2020
Sold by
Bought by
Seller's Agent
Brittany Bair
Keller Williams Outer Banks KDH
Buyer's Agent
Leigh Sturm
BHHS RW Towne Mt Pleasant
List Price
$425,000
Sold Price
$414,000
Premium/Discount to List
-$11,000
-2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.46%
Original Mortgage
$3,818,500
Interest Rate
0.031%
Mortgage Type
VA

Purchase Details

Closed on
Aug 23, 2008
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,650,000 None Listed On Document
$3,625,000 --
$414,000 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $581,250
Previous Owner $381,600
Previous Owner $3,818,500
Previous Owner $200,000
Previous Owner $147,903
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2023 08/02/23 Sold $775,000 -2.5% $267 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $795,000 +9.7% $274 / Sq Ft
01/17/2023 01/17/23 Sold $725,000 -8.8% $250 / Sq Ft View Prior Sale
12/11/2022 12/11/22 Pending -- -- --
12/01/2022 12/01/22 For Sale $795,000 +9.7% $274 / Sq Ft
12/01/2022 12/01/22 Off Market $725,000 -- --
09/20/2022 09/20/22 For Sale $795,000 0.0% $274 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $795,000 +92.0% $274 / Sq Ft
07/30/2020 07/30/20 Sold $414,000 -2.6% $143 / Sq Ft View Prior Sale
06/08/2020 06/08/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $425,000 +2.7% $147 / Sq Ft
04/21/2020 04/21/20 Off Market $414,000 -- --
02/13/2020 02/13/20 Pending -- -- --
12/17/2019 12/17/19 Price Changed $425,000 -3.2% $147 / Sq Ft
10/18/2019 10/18/19 For Sale $439,000 0.0% $151 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $439,000 -- $151 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,602 $426,700 $50,000 $376,700
2024 $3,602 $426,700 $50,000 $376,700
2023 $3,586 $409,900 $50,000 $359,900
2022 $2,544 $409,900 $50,000 $359,900
2021 $2,529 $371,900 $70,000 $301,900
2020 $2,258 $371,900 $70,000 $301,900
2019 $2,258 $371,900 $70,000 $301,900
2018 $2,260 $371,900 $70,000 $301,900
2017 $2,048 $371,900 $70,000 $301,900
2016 $2,048 $371,900 $70,000 $301,900
2015 $2,048 $371,900 $70,000 $301,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 122388

Outer Banks Association of REALTORS®

APN: 115C-000-0015-0000

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