NOT LISTED FOR SALE

968 Cane Garden Bay Cir Corolla, NC 27927

Corolla Area

Estimated Value: $684,366 - $877,000

4 Beds
3.5 Baths
2,270 Sq Ft
$340/Sq Ft Est. Value

Sale Details

Date Sold: January 24, 2014

Last sale price $429,900 $189 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,673 / mo

Highlights

  • Community Beach Access
  • Spa
  • Coastal Architecture
  • Knotts Island Elementary School Rated 9+
  • Gated Community
  • Cathedral Ceiling

About This Home

As of January 2014

Brand new construction in the hugely successful Villas at Corolla Bay! Southern Coastal style architecture and includes all the top of the line finish work you expect in a BD&A home, with an affordable price tag. You CANNOT duplicate this home in this location for the price...AMAZING VALUE! Villa 51 features a lovely open floor plan, wooden stair treads and laminate common areas, stainless steel appliances, granite counter tops and MORE! Corolla's newest community features a privacy gate, community pool & recreation area. Excellent rental income potential. Easy to show model home open 10-4 daily. Close to historic Corolla Village, the Lighthouse and Currituck Heritage Park and a future shopping area within walking distance is planned. This is a rare opportunity to get in on the ground floor of one Corolla's nicest oceanside neighborhoods. www.corollabayobx.com

Last Agent to Sell the Property

Raju Uppalapati

Outer Banks Realty Group License #187530 Listed on: 08/26/2013

Co-Listed By

Phyllis Cole/noLngr

Village Realty Holdings, LLC - Duck License #101637

Last Buyer's Agent

Dwayne Gilley

Default, Office License #268653

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,819

Year Built

  • Built in 2013

Lot Details

  • 2,450 Sq Ft Lot
  • Property fronts a private road
  • Landscaped
  • Sprinkler System
  • Zero Lot Line

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 2,270 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Family Room
  • Living Room
  • Dining Room

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Sun Deck
  • Covered Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot #51

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, walkways
  • Sterling Parker, Tara Mngmnt. Association, Phone Number (252) 441-7860
  • Built by BD&A Construction
  • Corolla Bay Subdivision

Recreation

  • Community Beach Access
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,819

Year Built

Built in 2013

Lot Details

2,450 Sq Ft Lot

HOA Fees

$167 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Located on the east side of NC 12 @ 1.5 miles south of Currituck Beach Light.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Lawn Sprinklers, Patio, Sun Deck
  • Flood Zone: X
  • Subdivision Name: The Villas at Corolla Bay
  • Headline: Under Construction!
  • Heated Sq Ft: 2270
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: III
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 73
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Bedroom 1: On Level: 2
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: Queen, On Level: Ground
  • Kitchen: On Level: 3
  • Countertops: Granite, Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Tile, Vinyl, Wood Laminate
  • Foundation: Slab
  • Full Bathrooms: 3
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection, Electric Fireplace
  • Dining Room: On Level: 3
  • Family Room: On Level: Ground
  • Living Room: On Level: 3
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: BD&A Construction
  • Construction: Frame, Wood
  • Exterior: Lap Siding, Wood
  • Pool: Yes
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Walkways
  • Association Amenities: Gated Community, Ocean Access, Outdoor-Comm. Pool, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 2000
  • Hoa Contact: Sterling Parker, Tara Mngmnt.
  • HOA Contact: 252-441-7860

Lot Info

  • Estimated Lot Sq Ft: 2450
  • Lot Description: Zero Lot Line
  • Lot Faces: north
  • Lot Size: 2761.37
  • Lot Number: Lot #51
  • Deed Book: M

Rental Info

  • Est Annual Rental Income: 42400
  • Estimated Rental Performance: 0.0986
  • Other Expenses: 135000

Building Info

  • Year Built: 2013

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2013
  • Taxes: 1819.24

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2013
Closed on
Jan 15, 2014
Sold by
Bought by
Seller's Agent
Raju Uppalapati
Outer Banks Realty Group
Buyer's Agent
Dwayne Gilley
Default, Office
List Price
$429,900
Sold Price
$429,900
Current Estimated Value
$771,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,442
Avg. Annual Appreciation
4.75%
Original Mortgage
$343,920
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2013
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$443,000 None Available
$4,835,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $310,814
Closed $343,920
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/24/2014 01/24/14 Sold $429,900 0.0% $189 / Sq Ft
08/26/2013 08/26/13 For Sale $429,900 -- $189 / Sq Ft
08/24/2013 08/24/13 Pending -- -- --
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,301 $388,100 $100,000 $288,100
2024 $3,301 $388,100 $100,000 $288,100
2023 $3,285 $388,100 $100,000 $288,100
2022 $2,489 $388,100 $100,000 $288,100
2021 $2,474 $372,400 $135,000 $237,400
2020 $2,307 $372,400 $135,000 $237,400
2019 $2,307 $372,400 $135,000 $237,400
2018 $2,307 $372,400 $135,000 $237,400
2017 $2,095 $372,400 $135,000 $237,400
2016 $2,100 $372,400 $135,000 $237,400
2015 $2,089 $348,700 $135,000 $213,700
Source: Public Records

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 80307

Outer Banks Association of REALTORS®

APN: 115F-000-0051-0000

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