NOT LISTED FOR SALE

908 Corolla Dr Corolla, NC 27927

Estimated Value: $846,000 - $975,000

6 Beds
5.5 Baths
2,916 Sq Ft
$322/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $495,000 $170 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,306/month

194 Days on Market

Highlights

  • Community Beach Access
  • Main Floor Bedroom
  • Furnished
  • Fiberglass Pool
  • Hydromassage or Jetted Bathtub
  • Solid Surface Countertops

About This Home

As of August 2020

This vibrant 6 bedroom, 5.5 Bath Corolla home has attracted guests for years with its wonderful location, amenities and pristine interior. This cottage offers a welcoming place to entertain and enjoy time together on the Outer Banks. Located in the Whalehead community, this home is close to the unique shopping and dining areas of Corolla as well as being just a few miles from the 4-wheel drive area with its historic Wild Horses. New owners can immediately move in and start enjoying the charms of living on the northern beaches. This home has a welcoming appeal with its sunny yellow exterior, large light reflecting windows and spacious sun decks. Inside on the top level is a great room with cathedral ceilings and sparkling white walls. A well-equipped kitchen with solid surface countertops and bar provide a wonderful prep area and additional seating. Natural light pours in through the large surrounding windows. This open concept space also includes room for a dining and living area with gas fireplace. Screened Porch. A private master suite with jetted tub and private access to the deck is also on this level. The mid-level hosts 2 more master bedrooms private ensuites and 2 bedrooms that share a hall bath…all have private deck access to hot tub on deck. Laundry Facilities are on the mid-level as well. Downstairs is a wonderful rec room and an additional bedroom with a semi-private bath. Entertaining is made easy outdoors with the 12’ X 32’ pool, children’s pirate ship and outdoor showers. A fence surrounds the pool area. This home’s desirable amenities and features have made it a favorite destination for vacationers. 2016 New Range/oven and Refrigerator in Kitchen. Also new refrigerator downstairs. 2017 Air handler lower level. 2018 another HVAC component replaced mid level but seller doesn't know if it was air handler or compressor(cost $3200). $5500 Other Expenses are utilities...electric, gas and phone. $200 trash and lawn care.

Last Agent to Sell the Property

Mercedes Tabano

Keller Williams - Outer Banks License #69137 Listed on: 12/10/2019

Keller Williams - Outer Banks

Last Buyer's Agent

Matt Myatt

Keller Williams - Outer Banks License #218707

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,997

Year Built

  • Built in 1998

Lot Details

  • 0.46

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,916 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Bay Window
  • Living Room
  • Dining Room
  • Game Room
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot #66

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,997

Year Built

Built in 1998

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Turn East on Bonita. Make right at first stop sign. About a tenth of a mile on right...908.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Whalehead Club, Section 10
  • Headline: Advertised income over $50K
  • Heated Sq Ft: 2916
  • L V T Date: 12/11/2019
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 10
  • Zoning: res
  • Advertised Income 2020: 50622
  • Deed Book Pg Number: 814
  • 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, Washer, 2nd Dishwasher
  • Bedrooms: 6
  • Bedroom 1: On Level: 2
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 1
  • Bedroom 5: On Level: 1
  • Bedroom 6: On Level: Ground
  • Kitchen: On Level: 2
  • Countertops: Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Bay/Bow Window, Dryer Connection, Gas Fireplace, Ensuite, Washer Connection
  • Dining Room: On Level: 2
  • Game Room: On Level: Ground
  • Living Room: On Level: 2
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Covered Deck Size: 965 sf
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: 162 sf
  • Sun Deck Size: 714 sf (3)

Garage/Parking

  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 50
  • Home Owner Dwelling Insurance: 2302

Lot Info

  • Lot Number: Lot #66
  • Deed Book: 1313

Rental Info

  • Lease Terms: Weekly
  • Maintenance Expenses: 3400
  • Other Expenses: 5500
  • Other Expenses2: 200
  • Poolspa Expense: 2900
  • Rental Co: Resort Realty
  • Rental Cottage Name: Palacio del Sol
  • Rental Cottage Number: 1445
  • Rental Phone Number: 252-255-3501
  • Rental Turnover Day: Saturday
  • Rental Contact Email: debbie.harrell@resortrealty.com
  • Rental Contact Name: Debbie Harrell
  • Rental Contact Phone: 252-255-3501

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2019
  • Taxes: 3997

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2019
Closed on
Aug 13, 2020
Sold by
Gribens Bruce K and The Gribens Living Trust
Bought by
Posadas Luis and Chu Josephine Balanon
Seller's Agent
Mercedes Tabano
Keller Williams - Outer Banks
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$529,000
Sold Price
$495,000
Premium/Discount to List
-$34,000
-6.43%
Current Estimated Value
$939,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,547
Avg. Annual Appreciation
12.70%
Original Mortgage
$445,500
Outstanding Balance
$393,407
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$546,140

Purchase Details

Closed on
Dec 12, 2014
Sold by
Gribens Bruce K and Gribens Jacqueline A
Bought by
Gribens Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.98%
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
Posadas Luis $495,000 None Available
Gribens Living Trust -- Worldwide Recording Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Posadas Luis $445,500
Previous Owner Gribens Living Trust $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $495,000 0.0% $170 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
06/17/2020 06/17/20 Price Changed $495,000 -6.4% $170 / Sq Ft
12/10/2019 12/10/19 For Sale $529,000 -- $181 / 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 $4,544 $480,500 $125,000 $355,500
2024 $4,544 $480,500 $125,000 $355,500
2023 $4,542 $480,500 $125,000 $355,500
2022 $3,856 $480,500 $125,000 $355,500
2021 $3,841 $509,400 $160,000 $349,400
2020 $3,997 $509,400 $160,000 $349,400
2019 $3,984 $509,400 $160,000 $349,400
2018 $0 $509,400 $160,000 $349,400
2017 $3,712 $509,400 $160,000 $349,400
2016 $3,739 $509,400 $160,000 $349,400
2015 -- $509,400 $160,000 $349,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 107581

Outer Banks Association of REALTORS®

APN: 115A-000-0066-0010