NOT LISTED FOR SALE

941 Corolla Dr Corolla, NC 27927

Estimated Value: $1,099,000 - $1,196,000

6 Beds
6 Baths
3,600 Sq Ft
$314/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $844,000 $234 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,383/month

2 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Engineered Wood Flooring
  • Beach Access
  • Coastal Architecture
  • Cathedral Ceiling

About This Home

As of July 2021

A favorite with Vacationers as the attractive Design of the Great Room Area, plus the Rec Room w Kitchenette are nice and spacious for entertaining Friends and Family. Wonderful Beach Home with Six Bedrooms, 6 Baths and Rec Room with Billiards, Wet Bar w Full Size Fridge, also for Drinks at the Pool. Relax by your Private Pool, play Volleyball, and capture Views from the Hot Tub on the Top Deck ! Large Lot at 20,000 Sq Ft. The Community of Whalehead gives you that comfort of spaciousness, which is ideal for Bicycling or Splashing in the Surf of the Atlantic Ocean ! Conveniently located within 10 minutes to the Beach, Shops, Restaurants, Grocery Store, Lighthouse, 4WD Beach Areas, Currituck Club Golf Course, Whalehead Mansion Museum & Soundfront Boat Ramp for Kayaking & Canoeing on the Currituck Sound waters ! New Fortified Roof Certification 2020.

Last Agent to Sell the Property

Paul Sabadash

Sun Realty - Corolla License #119788 Listed on: 05/14/2021

Last Buyer's Agent

Wanda Wise

Outer Banks Realty Group License #223415

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,239

Year Built

  • Built in 1997

Lot Details

  • 0.46 Acre Lot
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,600 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Engineered Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Vinyl Pool
  • Spa

Outdoor Features

  • Beach Access
  • Sun Deck

Utilities

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

Community Details

  • Built by O'Brien Beach Building
  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot # 51

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,239

Year Built

Built in 1997

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Hot Tub, Sun Deck
  • Flood Zone: X
  • Headline: Wonderful Home & Design !
  • Heated Sq Ft: 3600
  • L V T Date: 05/14/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: RES
  • Advertised Income 2020: 69517
  • Advertised Income 2021: 85590
  • Deed Book Pg Number: 0192
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3211
  • 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: 6
  • Countertops: Laminate, Solid Surface
  • Floor Coverings: Carpet, Tile, Vinyl, Wood, Engineered Wood
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Washer Connection
  • Optional Rooms: Game Room

Exterior Features

  • Homebuilder: O'Brien Beach Building
  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Vinyl, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 50

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Faces: W
  • Lot Size: 100' X 200"
  • Lot Number: Lot# 51
  • Estimated Lot Size: 0.46
  • Deed Book: 0643

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Shoreline OBX
  • Rental Turnover Day: SAT

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2020
  • Taxes: 4239

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jul 6, 2021
Sold by
Hillman Thomas L and Hillman Cathy L
Bought by
Keidel Living Trust
Seller's Agent
Paul Sabadash
Sun Realty - Corolla
Buyer's Agent
Wanda Wise
Outer Banks Realty Group
List Price
$839,000
Sold Price
$844,000
Premium/Discount to List
$5,000
0.6%
Current Estimated Value
$1,131,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,241
Avg. Annual Appreciation
6.77%
Original Mortgage
$548,250
Outstanding Balance
$495,290
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$635,951

Purchase Details

Closed on
Jan 16, 2003
Bought by
Hillman Thomas and Hillman Cathy L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Keidel Living Trust $5,064,000 Casey & Robbins Pllc
Hillman Thomas $560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keidel Living Trust $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2021 07/06/21 Sold $844,000 +0.6% $234 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $839,000 -- $233 / 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
2025 $5,420 $583,300 $175,000 $408,300
2024 $5,420 $583,300 $175,000 $408,300
2023 $5,404 $583,300 $175,000 $408,300
2022 $4,565 $583,300 $175,000 $408,300
2021 $4,431 $559,500 $170,000 $389,500
2020 $4,239 $559,500 $170,000 $389,500
2019 $4,236 $559,500 $170,000 $389,500
2018 $0 $559,500 $170,000 $389,500
2017 $3,939 $559,500 $170,000 $389,500
2016 $3,973 $559,500 $170,000 $389,500
2015 -- $559,500 $170,000 $389,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114400

Outer Banks Association of REALTORS®

APN: 115A-000-0051-0009