NOT LISTED FOR SALE

957 Corolla Dr Corolla, NC 27927

Estimated Value: $633,000 - $1,891,000

4 Beds
2.5 Baths
1,792 Sq Ft
$552/Sq Ft Est. Value

Last Sold December 28, 2022

Last sale price $665,000 $371 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,482/month

3 Days on Market

Highlights

  • Community Beach Access
  • Fiberglass Pool
  • Whirlpool Bathtub
  • Ocean View
  • Coastal Architecture
  • Sun or Florida Room

About This Home

As of December 2022

SCORE! This is an excellent property in the Whalehead Club of Corolla. The 4 Bedroom home sits high on the hill providing views and security. The house has everything you or your guests would ever need. The kitchen has been updated with granite counters, cabinetry (with soft close drawers), all GE appliances and loaded with an abundance of smallwares. The living area is open with beamed ceilings and flows directly into the sunroom. Outside there is a private pool, elevated volleyball court and grilling area. The majority of the decking has been upgraded to composite material and the whole house has just been powerwashed. This place is ready to go! If you are looking for a great Corolla house to call your own, “Shorely Dreaming” is just the ticket!

Last Agent to Sell the Property

Chandler Spawr

Coastal Property Partners License #190456 Listed on: 11/04/2022

Last Buyer's Agent

Danielle Taylor

Keller Williams - Outer Banks License #273134

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,008

Year Built

  • Built in 1988

Lot Details

  • 0.46 Acre Lot
  • Property is zoned SFO

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,792 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Living Room
  • Sun or Florida Room
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

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

Pool

  • Fiberglass Pool
  • Outdoor Pool
  • Spa

Utilities

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

Listing and Financial Details

  • Tax Lot 57

Community Details

Overview

  • Whalehead Club Poa
  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,008

Year Built

Built in 1988

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Bonita->Left on Corolla->House on Right
  • Extras: Beach Access, Ceiling Fan(s), Hot Tub, Jet Tub, Whirlpool/Spa
  • Flood Zone: X
  • Subdivision Name: The Whalehead Club
  • Headline: High Elevations w/ Pool
  • Heated Sq Ft: 1792
  • L V T Date: 11/04/2022
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 8
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: SFO
  • Deed Book Pg Number: 292
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26165
  • 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
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Ice Maker Connection, Washer Connection
  • Living Room: On Level: 3
  • Optional Rooms: Sun/Florida Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street, Under, Unpaved

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 45
  • Hoa Contact: Whalehead Club POA
  • HOA Contact: wpoa.com

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Number: Lot 57
  • Estimated Lot Size: 0.46
  • Deed Book: 1247

Rental Info

  • Est Annual Rental Income: 48139
  • Estimated Rental Performance: 0.0724
  • Rental Co: Sun Realty
  • Rental Cottage Name: Shorely Dreaming
  • Rental Cottage Number: WHL-957
  • Rental Phone Number: 252-441-7035
  • Rental Turnover Day: Sat
  • Rental Contact Phone: 252-441-7035

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2022
  • Taxes: 3008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Dec 19, 2022
Sold by
Dougherty Art and Dougherty Dana
Bought by
Garman Mark Lynn and Garman Jennifer Lynn
Seller's Agent
Chandler Spawr
Coastal Property Partners
Buyer's Agent
Danielle Taylor
Keller Williams - Outer Banks
List Price
$649,000
Sold Price
$665,000
Premium/Discount to List
$16,000
2.47%
Current Estimated Value
$989,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,087
Avg. Annual Appreciation
14.15%
Original Mortgage
$532,000
Outstanding Balance
$513,883
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$475,204

Purchase Details

Listed on
Jan 15, 2013
Closed on
Apr 5, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Dougherty Art and Dougherty Dana
Seller's Agent
Sebastian Pignato
Tidal Realty, LLC
Buyer's Agent
Sebastian Pignato
Tidal Realty, LLC
List Price
$324,900
Sold Price
$270,000
Premium/Discount to List
-$54,900
-16.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%

Purchase Details

Closed on
Jul 16, 2012
Sold by
Gurley Bruce I and Gurley Angela
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 31, 2006
Sold by
Lewis James C and Lewis Sharon
Bought by
Gurley Bruce L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,200
Interest Rate
1.4%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Garman Mark Lynn $3,990,000 --
Garman Mark Lynn $3,990,000 None Listed On Document
Dougherty Art $270,000 None Available
Deutsche Bank National Trust Company $430,405 None Available
Gurley Bruce L $549,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garman Mark Lynn $532,000
Closed Garman Mark Lynn $532,000
Previous Owner Gurley Bruce L $439,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2022 12/28/22 Sold $665,000 +2.5% $371 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $649,000 +140.4% $362 / Sq Ft
05/10/2013 05/10/13 Sold $270,000 -16.9% $159 / Sq Ft View Prior Sale
03/17/2013 03/17/13 Pending -- -- --
01/15/2013 01/15/13 For Sale $324,900 -- $192 / 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 $3,548 $366,500 $175,000 $191,500
2024 $3,548 $366,500 $175,000 $191,500
2023 $3,532 $366,500 $175,000 $191,500
2022 $3,008 $366,500 $175,000 $191,500
2021 $2,993 $344,200 $170,000 $174,200
2020 $2,758 $344,200 $170,000 $174,200
2019 $2,758 $344,200 $170,000 $174,200
2018 $0 $344,200 $170,000 $174,200
2017 $2,562 $344,200 $170,000 $174,200
2016 $2,579 $344,200 $170,000 $174,200
2015 -- $344,200 $170,000 $174,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120737

Outer Banks Association of REALTORS®

APN: 115A-000-0057-0008