NOT LISTED FOR SALE

920 Corolla Dr Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $1,193,000 - $1,383,000

8 Beds
10 Baths
4,040 Sq Ft
$314/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $605,000 $150 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $7,230/month

17 Days on Market

Highlights

  • Ocean View
  • Second Refrigerator
  • Cathedral Ceiling
  • In Ground Pool
  • Coastal Architecture
  • Furnished

About This Home

As of April 2017

Here it is; 8 MASTER Bedrooms (not many homes on Corolla Dr with 8 BR's); Rental Income greater than 11% ROI; NON Floodzone (flood insurance is NOT required), Location is right next to the street that leads 2 blocks directly to the beach access. BAM! This home has it all - the perfect formula for a great investment!! Home has private HEATED pool, hot tub, kiddie pool, Tiki Bar, ground floor billiard room and second living area, and wet bar. This 8 BR home has 8 masters, gas fireplace, lots of decks, huge lot, and is safe from floods. Many things have been replaced within the past 3 years; pool heater, carpet, refrigerator, stove, both outdoor heatpumps, and the septic field. Surround sound on top and bottom levels with outside speakers as well.

Last Agent to Sell the Property

Rick Drumm

Beach Realty & Construction License #141499 Listed on: 02/12/2017

Last Buyer's Agent

Jim Soles

Soles Realty OBX License #225412

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,207

Year Built

  • Built in 2000

Lot Details

  • 0.46 Acre Lot
  • Level Lot

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Masonry Perimeter Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction
  • Masonry
  • Vinyl Construction Material

Interior Spaces

  • 4,040 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Community Details

  • Built by Karl Cubler
  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 72

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,207

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Highway 12- East on Bonito - Right on Corolla Dr. - home is the 2nd home on the right.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Subdivision Name: Whalehead at Corolla
  • Headline: 10% ROI, Nonflood, Beach near
  • Heated Sq Ft: 4040
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: RES
  • Deed Book Pg Number: 112
  • Office License Number: C15771
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Laminate
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Masonry, Piling, Slab
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: Karl Cubler
  • Construction: Frame, Masonry, Wood
  • Exterior: Shakes, Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean

Garage/Parking

  • Garage: 1 Car

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 5115

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 100*200
  • Lot Number: Lot 72
  • Deed Book: 568

Rental Info

  • Est Annual Rental Income: 73500
  • Estimated Rental Performance: 0.1215
  • Flood Expenses: 702
  • Other Insurance Expenses: 575
  • Poolspa Expense: 3000
  • Rental Co: Vacasa - North
  • Rental Cottage Name: Ogunquit
  • Rental Cottage Number: 455
  • Rental Phone Number: 2524539660
  • Rental Turnover Day: SAT
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 2195
  • Annual Electric: 3400
  • Annual Water Expense: 1495

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2016
  • Taxes: 4207.45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2023
Sold by
Evans Daniel B and Evans Jessica B
Bought by
Evans Oksana S
Current Estimated Value
$1,269,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,895
Outstanding Balance
$596,984
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$672,318

Purchase Details

Listed on
Feb 12, 2017
Closed on
Apr 7, 2017
Sold by
Cunningham Michael Joseph and Cunningham Theresa Marie
Bought by
Evans Daniel B and Evans Oksana S
Seller's Agent
Rick Drumm
Beach Realty & Construction
Buyer's Agent
Jim Soles
Soles Realty OBX
List Price
$629,900
Sold Price
$605,000
Premium/Discount to List
-$24,900
-3.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$555,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2002
Bought by
Cunningham Michael J and Blanche William M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Evans Oksana S -- None Listed On Document
Evans Oksana S -- None Listed On Document
Evans Daniel B $605,000 Attorney
Cunningham Michael J $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Oksana S $1,012,895
Closed Evans Oksana S $1,012,895
Previous Owner Evans Daniel B $555,000
Previous Owner Cunningham Michael $581,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2017 04/07/17 Sold $605,000 -4.0% $150 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
02/12/2017 02/12/17 For Sale $629,900 -- $156 / 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
2024 $5,614 $615,100 $125,000 $490,100
2023 $5,614 $615,100 $125,000 $490,100
2022 $4,700 $615,100 $125,000 $490,100
2021 $4,685 $593,400 $160,000 $433,400
2020 $4,511 $593,400 $160,000 $433,400
2019 $4,506 $593,400 $160,000 $433,400
2018 $4,506 $593,400 $160,000 $433,400
2017 $4,186 $593,400 $160,000 $433,400
2016 $4,216 $593,400 $160,000 $433,400
2015 $4,207 $593,400 $160,000 $433,400
Source: Public Records

Agents Affiliated with this Home

  • Rick Drumm

    Seller's Agent in 2017

    Rick Drumm

    Beach Realty & Construction

    (252) 305-9999

    13 in this area

    84 Total Sales

    Rick Drumm
    Section Image

  • J

    Buyer's Agent in 2017

    Jim Soles

    Soles Realty OBX

    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 95164

Outer Banks Association of REALTORS®

APN: 115A-000-0072-0010

North Carolina Currituck County Corolla 27927 Corolla

920 Corolla Dr, Corolla, NC

This home is located at 920 Corolla Dr, Corolla, NC 27927 since 12 February 2017 and is currently estimated at $1,269,302, approximately $314 per square foot. This property was built in 2000. 920 Corolla Dr is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes