NOT LISTED FOR SALE

931 Cane Garden Bay Cir Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $822,000 - $976,000

4 Beds
5 Baths
2,929 Sq Ft
$303/Sq Ft Est. Value

Last Sold July 14, 2015

Last sale price $663,500 $227 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,336/month

Highlights

  • Community Beach Access
  • Gated Community
  • Cathedral Ceiling
  • Concrete Pool
  • Coastal Architecture
  • Main Floor Bedroom

About This Home

As of July 2015

Beautiful new custom villa to be built on the premiere site in the very popular Villas at Corolla Bay. Custom finishes throughout including granite, tile and more. Private heated salt water pool, hot tub, elevator all insure a spectacular vacation home.

Last Agent to Sell the Property

Raju Uppalapati

Outer Banks Realty Group License #187530 Listed on: 01/26/2015

Co-Listed By

Phyllis Cole/noLngr

Village Realty Holdings, LLC - Corolla License #101637

Last Buyer's Agent

Cooper Hawk

Outer Banks Realty Group License #229028

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,990

Year Built

  • Built in 2014

Lot Details

  • 5,000 Sq Ft Lot
  • Property fronts a private road
  • Fenced Yard
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 2,929 Sq Ft Home
  • Elevator
  • Cathedral Ceiling
  • Electric Fireplace
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Oven or Range
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Spa
  • Saltwater Pool

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot #36

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, security, walkways
  • Sterling Parker Association, Phone Number (252) 480-7860
  • Built by Eric Avery Construction, LLC
  • Corolla Bay Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,990

Year Built

Built in 2014

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Directions: From NC 12, turn east onto Herring Street, R on Bonaire, L on Cane Garden Bay Circle.
  • Extras: Beach Access, Boardwalk to Beach, Covered Decks, Elevator, Fenced Yard, Hot Tub, Lawn Sprinklers, Patio, Sun Deck
  • Flood Zone: X
  • Subdivision Name: The Villas at Corolla Bay
  • Headline: New Custom Villa Under Const.!
  • Heated Sq Ft: 2929
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: III
  • Unheated Lvarsf: 23
  • Zoning: Res
  • Deed Book Pg Number: 713
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Bedroom 1: On Level: Ground
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Kitchen: On Level: 2
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Tile, Vinyl, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ensuite, Pantry, Washer Connection, Electric Fireplace
  • Dining Room: On Level: 2
  • Family Room: On Level: Ground
  • Living Room: On Level: 2
  • Optional Rooms: Pantry
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: Eric Avery Construction, LLC
  • Construction: Frame, Wood
  • Exterior: Lap Siding, Wood
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Concrete, Custom, Salt
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: 176

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Security, Walkways
  • Association Amenities: Gated Community, Ocean Access, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 2000
  • Hoa Contact: Sterling Parker
  • HOA Contact: 252-480-7860

Lot Info

  • Estimated Lot Sq Ft: 5000
  • Lot Description: Corner
  • Lot Faces: Southwest
  • Lot Number: Lot #36
  • Deed Book: 1266

Rental Info

  • Est Annual Rental Income: 54000
  • Estimated Rental Performance: 0.0814

Building Info

  • Year Built: 2014

Tax Info

  • Year: 2014
  • Taxes: 2990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2015
Closed on
Jul 27, 2015
Sold by
Merwick Arthur R and Merwick Margaret L
Bought by
Merwick Holdings Llc
Seller's Agent
Raju Uppalapati
Outer Banks Realty Group
Buyer's Agent
Cooper Hawk
Outer Banks Realty Group
List Price
$632,500
Sold Price
$663,500
Premium/Discount to List
$31,000
4.9%
Current Estimated Value
$888,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,799
Avg. Annual Appreciation
2.92%

Purchase Details

Closed on
Dec 11, 2014
Sold by
Northeastern North Carolina Properties O
Bought by
Merwick Arthur R and Merwick Margaret L

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
Construction

Purchase Details

Closed on
Sep 5, 2013
Sold by
Corolla Oceanside Llc
Bought by
Northeastern North Carolina Properties O
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
Merwick Holdings Llc -- Attorney
Merwick Arthur R $137,500 None Available
Northeastern North Carolina Properties O $4,835,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merwick Arthur R $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2015 07/14/15 Sold $663,500 +4.9% $227 / Sq Ft
01/26/2015 01/26/15 For Sale $632,500 -- $216 / Sq Ft
05/08/2014 05/08/14 Pending -- -- --
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 $3,948 $476,600 $100,000 $376,600
2023 $3,948 $476,600 $100,000 $376,600
2022 $2,963 $476,600 $100,000 $376,600
2021 $2,948 $434,700 $135,000 $299,700
2020 $2,661 $434,700 $135,000 $299,700
2019 $2,653 $434,700 $135,000 $299,700
2018 $2,653 $434,700 $135,000 $299,700
2017 $2,408 $434,700 $135,000 $299,700
2016 $2,408 $434,700 $135,000 $299,700
2015 -- $135,000 $135,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 86488

Outer Banks Association of REALTORS®

APN: 115F-000-0036-0000