NOT LISTED FOR SALE

961 Corolla Dr Corolla, NC 27927

Estimated Value: $420,000 - $1,534,000

3 Beds
1.5 Baths
1,055 Sq Ft
$695/Sq Ft Est. Value

Last Sold April 14, 2013

Last sale price $215,000 $204 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $3,831/month

81 Days on Market

Highlights

  • Community Beach Access
  • Main Floor Bedroom
  • Screened Porch
  • Beach Box Architecture
  • Furnished
  • Storm Windows

About This Home

As of April 2013

Great deal for a 'fixer upper' in Whalehead! The owners have loved the simplicity of this quaint cottage complete with 3 bedrooms, 1.5 baths, open living/kitchen/dining area and Sun/Florida room. There is also a rinse off spicket on the ground level as well as 2 storage rooms (one of the storage rooms has the washer and dryer hook up). Keep the existing cottage and update as you see fit, or move the house and have an 'X' flood zone property to build on...no flood insurance needed! Currently no central heat & air...baseboard heat and window AC units. Short walk to the beach!

Last Agent to Sell the Property

Heather Sakers

Coldwell Banker Seaside Realty KH License #255119 Listed on: 11/24/2012

Coldwell Banker Seaside Realty KH

Co-Listed By

Charles Gill

Coldwell Banker Seaside Realty KH License #273660

Last Buyer's Agent

Heather Sakers

Coldwell Banker Seaside Realty KH License #255119 Listed on: 11/24/2012

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,613

Year Built

  • Built in 1981

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Level Lot

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 1,055 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Screened Porch
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Ice Maker
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Sun Deck

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 55

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,613

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: E. on Bonito into Whalehead Club. Left on Corolla Dr. House on Rt.
  • Extras: Beach Access, Ceiling Fan(s), Screened Porch, Smoke Detector(s), Storm Doors, Storm Windows, Sun Deck
  • Flood Zone: X
  • Headline: PRICED FOR QUICK SALE...
  • Heated Sq Ft: 1055
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 8
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: RES
  • Deed Book Pg Number: 593
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven, Refrigerator w/Ice Maker
  • Bedrooms: 3
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Kitchen: On Level: 1
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 1
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Washer Connection
  • Dining Room: On Level: 1
  • Living Room: On Level: 1
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Roof: Asphalt/Fiber Shingle

Utilities

  • Cooling: Window Units
  • Heating: Baseboard
  • Sewer/Septic System: Private Septic

Condo/Co-op/Association

  • Association Amenities: Ocean Access

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Size: 100x200
  • Lot Number: Lot 55
  • Deed Book: 933

Rental Info

  • Other Expenses: 400000

Building Info

  • Year Built: 1981

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 1612.79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2012
Closed on
Apr 15, 2013
Sold by
Filios Paul G and Filios Maria M
Bought by
Hinson Hugh M and Hinson Marla D
Seller's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
Buyer's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
List Price
$249,000
Sold Price
$215,000
Premium/Discount to List
-$34,000
-13.65%
Current Estimated Value
$697,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,721
Avg. Annual Appreciation
10.08%
Original Mortgage
$193,500
Outstanding Balance
$135,953
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$596,951

Purchase Details

Closed on
Feb 23, 2006
Sold by
Epc Holdings 667 Llc
Bought by
Filios Paul G

Purchase Details

Closed on
Aug 4, 2005
Sold by
Filios Paul G
Bought by
Epc Holdings 667 Llc
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
Hinson Hugh M $215,000 None Available
Filios Paul G -- None Available
Epc Holdings 667 Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinson Hugh M $193,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2013 04/14/13 Sold $215,000 -13.7% $204 / Sq Ft
02/13/2013 02/13/13 Pending -- -- --
11/24/2012 11/24/12 For Sale $249,000 -- $236 / 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 $2,629 $263,300 $175,000 $88,300
2024 $2,629 $263,300 $175,000 $88,300
2023 $2,613 $263,300 $175,000 $88,300
2022 $2,237 $263,300 $175,000 $88,300
2021 $2,222 $252,400 $170,000 $82,400
2020 $2,049 $252,400 $170,000 $82,400
2019 $2,049 $252,400 $170,000 $82,400
2018 $2,049 $252,400 $170,000 $82,400
2017 $1,903 $252,400 $170,000 $82,400
2016 $1,916 $252,400 $170,000 $82,400
2015 $1,916 $252,400 $170,000 $82,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 77016

Outer Banks Association of REALTORS®

APN: 115A-000-0055-0008