NOT LISTED FOR SALE

935 Corolla Dr Corolla, NC 27927

Estimated Value: $979,000 - $1,201,000

4 Beds
5.5 Baths
3,296 Sq Ft
$331/Sq Ft Est. Value

Last Sold April 05, 2021

Last sale price $645,000 $196 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,214/month

4 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Coastal Architecture
  • Ocean View
  • Second Refrigerator
  • Wooded Lot

About This Home

As of April 2021

Rental investment or second home available located in an X Flood zone on a large, wooded lot. The great layout of this 4-bedroom, 5.2 bath home offers a variety of bonus spaces to use any way you like. The top floor boasts a spacious open floor plan with lots of natural light, partial ocean and sound views, additional sleeping areas, bonus den space off the family room, ample cabinet storage and a pantry in the kitchen, a powder bath, as well as extensive decking along the south and east elevations. The mid-level is comprised of 4 generous en suite bedrooms, 3 which have access to the generous screened porch running along the entire eastern exterior of the home. The ground level offers a large game room complete with a kitchenette and dining area, additional sleeping space, laundry room, and convenient full bath. A 16x30’ inground pool & hot tub flanked by ample decking provides a sunny spot for the whole family. The outdoor kitchen/ Tiki bar just adds to the outdoor possibilities. There's even a pool bath and outside shower. The green buffer around the entire property creates a feeling of privacy and seclusion. All this just a 5- or 10- minute walk to the Beach. Don’t miss the opportunity to see this vacation home while it lasts!

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 01/28/2021

Keller Williams - Outer Banks

Co-Listed By

Terry Blocher

Keller Williams - Outer Banks License #271673

Last Buyer's Agent

Leah Wright

EXP Realty, LLC - Coastal License #310015

EXP Realty, LLC - Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,139

Year Built

  • Built in 1985

Lot Details

  • 0.46 Acre Lot
  • Level Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • Off-Street Parking

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 3,296 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Game Room
  • Screened Porch

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Tax Lot #54

Community Details

Overview

  • Built by Pete Hunter
  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,139

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Ocean Trail north to right onto Bonita, left onto Corolla Dr, property on the right.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Lawn Sprinklers, Outside Lighting, Outside Shower, Screened Porch, Sun Deck, Tiki Bar, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: X Flood Zone!
  • Heated Sq Ft: 3296
  • L V T Date: 01/28/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 9
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: res
  • Advertised Income 2020: 73360
  • Advertised Income 2021: 71955
  • Deed Book Pg Number: 447
  • 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: Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Pantry, Some Windows Treated, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Pantry
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Pete Hunter
  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Gunite, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, 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: Level, Wooded
  • Lot Number: Lot #54
  • Estimated Lot Size: 0.46
  • Deed Book: 1476

Rental Info

  • Est Annual Rental Income: 73360
  • Estimated Rental Performance: 0.1137
  • Lease Terms: Variable
  • Rental Co: VRBO
  • Rental Cottage Number: 503719
  • Rental Turnover Day: Varies

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2021
  • Taxes: 4139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Mar 24, 2021
Sold by
Bojabi Casa Llc
Bought by
Villa Enrique and Villa Kristen
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Leah Wright
EXP Realty, LLC - Coastal
List Price
$619,000
Sold Price
$645,000
Premium/Discount to List
$26,000
4.2%
Current Estimated Value
$1,091,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,871
Avg. Annual Appreciation
12.32%
Original Mortgage
$516,000
Outstanding Balance
$464,875
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$626,996

Purchase Details

Closed on
Mar 18, 2019
Sold by
Wiles James and Wiles Holly
Bought by
Hojabi Casa

Purchase Details

Closed on
Apr 4, 2011
Sold by
Hanchin John G and Hanchin Lucinda L
Bought by
Wiles James and Wiles Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 3, 2005
Sold by
Maupin Ronald M and Maupin Christine D
Bought by
Hanchin John G and Hanchin Lucinda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.69%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Villa Enrique $645,000 None Available
Villa Enrique $645,000 None Available
Hojabi Casa -- None Available
Hojabi Casa -- None Available
Wiles James $610,000 None Available
Wiles James $610,000 None Available
Hanchin John G $595,000 None Available
Hanchin John G $595,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villa Enrique $516,000
Previous Owner Wiles James $488,000
Previous Owner Hanchin John G $460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2021 04/05/21 Sold $645,000 +4.2% $196 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $619,000 -- $188 / 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 $5,100 $568,000 $175,000 $393,000
2023 $5,100 $568,000 $175,000 $393,000
2022 $4,456 $568,000 $175,000 $393,000
2021 $4,454 $529,100 $170,000 $359,100
2020 $4,139 $529,100 $170,000 $359,100
2019 $4,127 $529,100 $170,000 $359,100
2018 $4,127 $529,100 $170,000 $359,100
2017 $3,845 $529,100 $170,000 $359,100
2016 $3,861 $529,100 $170,000 $359,100
2015 $3,861 $529,100 $170,000 $359,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112616

Outer Banks Association of REALTORS®

APN: 115A-000-0054-0009