NOT LISTED FOR SALE

963 Cane Garden Bay Cir Corolla, NC 27927

Estimated Value: $626,000 - $702,000

4 Beds
3.5 Baths
2,313 Sq Ft
$292/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $704,200 $304 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,014/month

6 Days on Market

Highlights

  • Community Beach Access
  • Spa
  • Coastal Architecture
  • Views of a Sound
  • Gated Community
  • Cathedral Ceiling

About This Home

As of April 2022

This turn-key prime home in The Villas at Corolla Bay, with over 44K in rentals on the books so far, is ready for your immediate enjoyment; no list of honey-dos necessary. Its close proximity to all the desirable community amenities - a saltwater pool, volleyball/basketball courts and easy beach access - this seaside retreat puts the ultimate vacation experience right within your reach. It delivers! Before even stepping through the door of this 4 bed, 3.5 bath stylish villa, note the covered entry and spacious garage. Lower level, leads to a well-equipped lower level game room with brand new pool table, new furniture, spacious bunk room, full bath and easy access to private outdoor amenities including an open play area, private hot tub and outdoor dining. The mid-level delights with three thoughtfully designed bedrooms, full laundry room, two full bathrooms and covered decks with new polywood outdoor furniture. For the ultimate entertainment experience, the top level offers sweeping views of the community, granite countertops, stainless steel appliances and generous dining and seating areas. This Villa has been meticulously maintained and offers new interior and exterior paint, new roof gutters, new garage door, new carpeting throughout, new spa cover, and upgraded rock landscaping with rope pilings. Consider this amazing rental opportunity today!

Last Agent to Sell the Property

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 02/24/2022

Keller Williams - Outer Banks

Co-Listed By

Amber Bodner Griffith

Keller Williams - Outer Banks License #222568

Last Buyer's Agent

Chelsey Larsen

Keller Williams - Outer Banks License #304781

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,515

Year Built

  • Built in 2012

Lot Details

  • Property fronts a private road
  • Fenced Yard
  • Level Lot
  • Sprinkler System

HOA Fees

  • $213 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,313 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Game Room
  • Views of a Sound

Kitchen

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

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Tuck Under Parking
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Sun Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot 20

Community Details

Overview

  • Association fees include common electric, common insurance, pool, road maintenance
  • Seaside Management Association, Phone Number (252) 261-1200
  • Corolla Bay Subdivision

Recreation

  • Community Beach Access
  • Community Pool

Additional Features

  • Common Area
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,515

Year Built

Built in 2012

Lot Details

2,788 Sq Ft Lot

HOA Fees

$213 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Fenced Yard, Hot Tub, Lawn Sprinklers, Patio, Sun Deck
  • Flood Zone: X
  • Headline: Turn Key Rental
  • Heated Sq Ft: 2313
  • L V T Date: 02/24/2022
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: RES
  • Advertised Income 2021: 46585
  • Advertised Income 2022: 44775
  • Deed Book Pg Number: 823
  • 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: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Granite, Solid Surface
  • Floor Coverings: Carpet, Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Washer Connection, Electric Fireplace
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Sound

Garage/Parking

  • Garage: 1 Car, Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Pool, Road Maintenance
  • Association Amenities: Gated Community, Ocean Access, Outdoor-Comm. Pool, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 2550
  • Hoa Contact: Seaside Management
  • HOA Contact: 252-261-1200
  • Home Owner Dwelling Insurance: 3343

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 20
  • Deed Book: 1438

Rental Info

  • Est Annual Rental Income: 46585
  • Estimated Rental Performance: 0.0662
  • Flood Expenses: 2474
  • Lease Terms: Weekly
  • Other Expenses: 280
  • Other Expenses2: 377
  • Other Insurance Expenses: 900
  • Poolspa Expense: 1948
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Hoofprints in the Sand
  • Rental Cottage Number: JC20
  • Rental Turnover Day: Saturday
  • Annual Electric: 2067
  • Annual Telephone Expense: 2242
  • Annual Water Expense: 1375
  • Rental Contact Email: jkavanaugh@twiddy.com
  • Rental Contact Name: Jen Kavanaugh
  • Rental Contact Phone: 888-710-2120

Building Info

  • Year Built: 2012

Tax Info

  • Year: 2021
  • Taxes: 2515

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Apr 14, 2022
Sold by
Loving James B and Loving Tamara S
Bought by
Top Shelf Beach Investments Llc
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Chelsey Larsen
Keller Williams - Outer Banks
List Price
$679,000
Sold Price
$704,200
Premium/Discount to List
$25,200
3.71%
Current Estimated Value
$676,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,663
Avg. Annual Appreciation
-1.02%
Original Mortgage
$528,150
Outstanding Balance
$489,839
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$186,698

Purchase Details

Listed on
Jan 31, 2018
Closed on
Mar 20, 2018
Sold by
Kaufmann Mark and Kaufmann Darlene
Bought by
Loving James B and Loving Tamara S
Seller's Agent
Paul Sabadash
Sun Realty - Corolla
Buyer's Agent
Sarah Spencer
Keller Williams - Outer Banks
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.28%
Original Mortgage
$340,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2014
Closed on
Oct 13, 2014
Sold by
Northeastern North Carolina Properties O
Bought by
Kaufmann Mark and Thompson Darlene
Seller's Agent
Raju Uppalapati
Outer Banks Realty Group
Buyer's Agent
David Hoare
SAGA Realty and Construction
List Price
$413,500
Sold Price
$413,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.80%
Original Mortgage
$368,015
Interest Rate
4%
Mortgage Type
New Conventional

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:

--
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
Top Shelf Beach Investments Llc $4,225,500 Mann Mcgibney & Jordan Pllc
Loving James B $425,000 None Available
Kaufmann Mark $413,500 Attorney
Northeastern North Carolina Properties O $4,835,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Top Shelf Beach Investments Llc $528,150
Previous Owner Loving James B $340,000
Previous Owner Kaufmann Mark $368,015
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2022 04/14/22 Sold $704,200 +3.7% $304 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $679,000 +59.8% $294 / Sq Ft
03/29/2018 03/29/18 Sold $425,000 0.0% $187 / Sq Ft View Prior Sale
02/22/2018 02/22/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $425,000 +2.8% $187 / Sq Ft
10/20/2014 10/20/14 Sold $413,500 0.0% $182 / Sq Ft View Prior Sale
09/02/2014 09/02/14 Pending -- -- --
09/01/2014 09/01/14 For Sale $413,500 -- $182 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $3,367 $395,800 $100,000 $295,800
2024 $3,367 $395,800 $100,000 $295,800
2023 $3,351 $395,800 $100,000 $295,800
2022 $2,538 $395,800 $100,000 $295,800
2021 $2,515 $378,900 $135,000 $243,900
2020 $2,343 $378,900 $135,000 $243,900
2019 $2,343 $378,900 $135,000 $243,900
2018 $2,343 $378,900 $135,000 $243,900
2017 $2,133 $378,900 $135,000 $243,900
2016 $2,069 $378,900 $135,000 $243,900
2015 -- $378,900 $135,000 $243,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117758

Outer Banks Association of REALTORS®

APN: 115F-000-0020-0000

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