NOT LISTED FOR SALE

941 Cane Garden Bay Cir Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $663,352 - $720,000

4 Beds
3.5 Baths
2,250 Sq Ft
$307/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $414,000 $184 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,245/month

243 Days on Market

Highlights

  • Beach Access
  • Cathedral Ceiling
  • Granite Countertops
  • Spa
  • Furnished
  • Fenced Yard

About This Home

As of August 2019

If low maintenance, nearly new, oceanside, Corolla, and community pool are on your list of desired features, then you really need to see this villa * Smart lap siding, granite counter tops, carport with dry entry, two decks, private side yard, hot tub, and sold fully furnished * The side yard is finished with top of the line artificial turf to complete the low-maintenance picture...all you have to do is show up and enjoy! * The Villas at Corolla Bay is a highly desirable oceanside community with a central courtyard featuring community pool, volleyball court, shuffleboard, bath house, picnic area and sidewalks * Great Rental Potential estimated at $45,000 Gross Advertised Rental * Easy walk to the ocean or sound * Bike or take a short drive to the Corolla Lighthouse, Heritage Park, and Historic Corolla Village * Built in 2016, this is one of the best priced newer homes in Corolla oceanside of NC 12 * This villa is on the east side of the community, backing up to green space buffer between Corolla Bay and Whalehead *

Last Agent to Sell the Property

David Weybright

Coastal Outer Banks Realty License #185816 Listed on: 11/15/2018

Last Buyer's Agent

David Hoare

SAGA Realty and Construction License #169514

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,139

Year Built

  • Built in 2016

Lot Details

  • Fenced Yard

HOA Fees

  • $233 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,250 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Beach Access
  • Sun Deck

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 31

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance
  • Built by Eric Avery
  • Corolla Bay Subdivision

Amenities

  • Common Area

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,139

Year Built

Built in 2016

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: From NC 12 just south of Corolla Light...Turn east onto Herring St * Take first right onto Bonnaire then left on Cane Garden Bay Circle * Follow around to 941 on left *
  • Extras: Beach Access, Fenced Yard, Hot Tub, Sun Deck
  • Flood Zone: X
  • Subdivision Name: The Villas at Corolla Bay
  • Headline: Oceanside - Nearly New
  • Heated Sq Ft: 2250
  • L V T Date: 11/17/2018
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: More than 5th row
  • Zoning: r
  • Deed Book Pg Number: 127
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C24808
  • 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 w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Granite, Laminate
  • Floor Coverings: Carpet, Tile, Wood Laminate
  • Foundation: Piling, Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Ensuite, Pantry
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Eric Avery
  • Construction: Frame, Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance
  • Association Amenities: Outdoor-Comm. Pool, Playground, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 2800

Lot Info

  • Lot Number: Lot 31
  • Deed Book: 1358

Rental Info

  • Est Annual Rental Income: 45000
  • Estimated Rental Performance: 0.1087
  • Lease Terms: Variable
  • Other Expenses: 818
  • Other Insurance Expenses: 2996
  • Poolspa Expense: 850
  • Annual Electric: 1662
  • Annual Telephone Expense: 1194
  • Annual Water Expense: 1159

Building Info

  • Year Built: 2016

Tax Info

  • Year: 2018
  • Taxes: 2139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2024
Sold by
Melson Ralph and Close Melson Vicki
Bought by
Close Vicki
Current Estimated Value
$690,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,500
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2018
Closed on
Aug 30, 2019
Sold by
Masdylandco Llc
Bought by
Melson Ralph and Melson Vicki Close
Seller's Agent
David Weybright
Coastal Outer Banks Realty
Buyer's Agent
David Hoare
SAGA Realty and Construction
List Price
$434,900
Sold Price
$414,000
Premium/Discount to List
-$20,900
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$331,200
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2015
Closed on
Mar 9, 2016
Sold by
Northeastern North Carolina Properties O
Bought by
Masdylandco Llc
Seller's Agent
Raju Uppalapati
Outer Banks Realty Group
Buyer's Agent
David Weybright
Coastal Outer Banks Realty
List Price
$409,900
Sold Price
$399,900
Premium/Discount to List
-$10,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.01%

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:

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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
Close Vicki -- None Listed On Document
Melson Ralph $414,000 None Available
Masdylandco Llc $400,000 Attorney
Northeastern North Carolina Properties O $4,835,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Close Vicki $547,500
Previous Owner Melson Ralph $15,041
Previous Owner Melson Ralph $331,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $414,000 -1.2% $184 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
04/29/2019 04/29/19 Price Changed $419,000 -2.3% $186 / Sq Ft
04/23/2019 04/23/19 Price Changed $429,000 -1.4% $191 / Sq Ft
11/15/2018 11/15/18 For Sale $434,900 +8.8% $193 / Sq Ft
03/17/2016 03/17/16 Sold $399,900 -2.4% $178 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
03/10/2015 03/10/15 For Sale $409,900 -- $182 / 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 $3,007 $350,300 $100,000 $250,300
2023 $3,007 $350,300 $100,000 $250,300
2022 $2,286 $350,300 $100,000 $250,300
2021 $2,271 $342,600 $135,000 $207,600
2020 $2,141 $342,600 $135,000 $207,600
2019 $2,139 $342,600 $135,000 $207,600
2018 $0 $342,600 $135,000 $207,600
2017 $1,894 $342,600 $135,000 $207,600
2016 $1,894 $342,600 $135,000 $207,600
2015 $648 $135,000 $135,000 $0
Source: Public Records

Agents Affiliated with this Home

  • David Weybright

    Seller's Agent in 2019

    David Weybright

    Coastal Outer Banks Realty

    (252) 305-2400

    15 in this area

    78 Total Sales

    David Weybright
    Section Image
  • David Hoare

    Buyer's Agent in 2019

    David Hoare

    SAGA Realty and Construction

    (252) 207-2336

    18 in this area

    45 Total Sales

    David Hoare
    Section Image
  • Raju Uppalapati

    Seller's Agent in 2016

    Raju Uppalapati

    Outer Banks Realty Group

    (252) 305-0707

    66 in this area

    94 Total Sales

    Raju Uppalapati
    Section Image
  • Phyllis Cole/noLngr

    Seller Co-Listing Agent in 2016

    Phyllis Cole/noLngr

    Village Realty Holdings, LLC - Corolla

    (252) 202-2793

    2 in this area

    2 Total Sales

    Phyllis Cole/noLngr
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 102723

Outer Banks Association of REALTORS®

APN: 115F-000-0031-0000

North Carolina Currituck County Corolla 27927 Corolla

941 Cane Garden Bay Cir, Corolla, NC

This home is located at 941 Cane Garden Bay Cir, Corolla, NC 27927 since 15 November 2018 and is currently estimated at $690,088, approximately $306 per square foot. This property was built in 2016. 941 Cane Garden Bay Cir 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.

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