NOT LISTED FOR SALE

923 Corolla Dr Corolla, NC 27927

Estimated Value: $800,000 - $883,616

5 Beds
5 Baths
2,348 Sq Ft
$363/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $465,000 $198 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,790/month

250 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Cathedral Ceiling
  • Ocean View
  • Coastal Architecture
  • Corner Lot

About This Home

As of July 2020

Location, Location, location in wonderful Whalehead. This 5 bedroom coastal cottage is perched on the corner of Corolla and Bonito Drive. You'll have your toes in the sand in just minutes with convenient Direct Beach Access and take in Ocean Views from the home's expansive decks. Reverse floor plan lends an abundance of natural light to livings spaces and you'll appreciate the top level's open floor-plan with Great room, Dining Room and Kitchen boasting new white Coastal-style cabinets and raised-bar Dining. Access to Screened porch, Powder bath, and Master Bedroom with amazing water views from north facing deck. Mid Level: 4 additional bedrooms, 3 of which have private access to covered decks, 2 Full Baths, and stackable washer/dryer. The Ground Level Game room features a Foosball table and Lounging area. The home was originally designed by concert pianist who custom built pool in the shape of a Baby Grand Piano. Easy path from back of the lot puts you even closer to direct beach access, and guests will enjoy the private pool, hot tub, and outdoor shower. Homesite is 20,000 sq. ft and sits off the road for extra privacy. The heart of Corolla Village is minutes away offering shopping, some of the area's best restaurants, and fun entertainment for all. Home generated almost $39,441 in 2019, and only one week on remaining on the calendar for 2020. Buyer could do more rentals if they wanted to open shoulder seasons. New floors installed 5/6/2020; vinyl plank in the upstairs kitchen, LR, and 1/2 bath, all hallways and landings; carpet in bedrooms and on stairs.

Last Agent to Sell the Property

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 09/19/2019

Coldwell Banker Seaside Realty - KDH

Last Buyer's Agent

Hugh Willey

Sun Realty - KDH License #238260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,351

Year Built

  • Built in 1993

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 110x200x199x109
  • Corner Lot

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Siding
  • Piling Construction

Interior Spaces

  • 2,348 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Screened Porch
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot #50

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,351

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Outside Lighting, Screened Porch, Sun Deck
  • Flood Zone: X
  • Headline: Direct Beach Access!
  • Heated Sq Ft: 2348
  • L V T Date: 09/19/2019
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 10
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: RES
  • Advertised Income 2020: 35603
  • Deed Book Pg Number: 214
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • 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: 5
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Ensuite
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding, Composite Siding
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Corner
  • Lot Size: 110x200x199x109
  • Lot Number: Lot #50
  • Estimated Lot Size: 0.46
  • Deed Book: 723

Rental Info

  • Est Annual Rental Income: 41220
  • Estimated Rental Performance: 0.0886
  • Rental Co: Resort Realty
  • Rental Cottage Name: Salty Dog
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2019
  • Taxes: 3351.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2019
Closed on
Jul 8, 2020
Sold by
Pagan Oliver E and Pagan Marie L
Bought by
Donmoyer James R and Donmoyer Wendi J
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Hugh Willey
Sun Realty - KDH
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%
Current Estimated Value
$852,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,154
Avg. Annual Appreciation
11.53%
Original Mortgage
$372,000
Outstanding Balance
$329,020
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$523,134

Purchase Details

Closed on
Apr 30, 1999
Bought by
Mccarthy Maureen and Pagan Oliver E
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
Donmoyer James R $465,000 None Available
Mccarthy Maureen $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donmoyer James R $372,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2020 07/10/20 Sold $465,000 -2.1% $198 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $475,000 0.0% $202 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/20/2020 01/20/20 Price Changed $475,000 -5.0% $202 / Sq Ft
09/19/2019 09/19/19 For Sale $499,900 -- $213 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $4,375 $463,600 $183,800 $279,800
2024 $4,375 $463,600 $183,800 $279,800
2023 $4,359 $463,600 $183,800 $279,800
2022 $3,703 $463,600 $183,800 $279,800
2021 $3,617 $433,000 $178,500 $254,500
2020 $3,351 $433,000 $178,500 $254,500
2019 $3,349 $433,000 $178,500 $254,500
2018 $3,349 $433,000 $178,500 $254,500
2017 $3,113 $433,000 $178,500 $254,500
2016 $3,134 $433,000 $178,500 $254,500
2015 $3,134 $433,000 $178,500 $254,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 106572

Outer Banks Association of REALTORS®

APN: 115A-000-0050-0010