NOT LISTED FOR SALE

974 Ocean Forest Ct Corolla, NC 27927

Estimated Value: $850,000 - $891,974

4 Beds
5 Baths
2,672 Sq Ft
$325/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $655,000 $245 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,010/month

7 Days on Market

Highlights

  • Boat Dock
  • In Ground Pool
  • Clubhouse
  • Health Club
  • A-Frame Home
  • Granite Countertops

About This Home

As of July 2021

Brand New Home close to Sound on Private Lot with Live Oaks. In addition to incredible amenity list, this house has 4 Bedrooms [2 Masters], 3 Full Baths and 2 Half Baths. Granite Bathrooms and Kitchen countertops, Ceramic Tile and Wood Laminate Floors, Stamped Concrete around Private Pool. Exterior Smart Siding, Municipal Sewer and Water. Additional Media/Theater Room or Private Office for remote work. Dedicated 1st floor Game Room. Close to Corolla's best Restaurants, Shopping and Beaches with Lifeguards. HOA amenities feature huge Swimming Pool, Fitness Center, Playground, 4 Tennis Courts, Basketball Court and Private Sound Front Pier with Kayaks and Boat Launch. Amazing Views and Sunsets! Note: Non-Rental HOA Fee is $1110/year or $1630/year for Rental Homes.

Last Agent to Sell the Property

Mark Lupean

Brindley Beach Vacations & Sales - KH License #270108 Listed on: 05/29/2021

Last Buyer's Agent

Denise Schmitt

Corolla Beach Realty License #304519

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,943

Year Built

  • Built in 2021

Lot Details

  • 9,000 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $93 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • A-Frame Home
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 2,672 Sq Ft Home
  • Elevator
  • Ceiling Fan
  • Game Room

Kitchen

  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot #196

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, tennis courts
  • Kathy Scott Association, Phone Number (252) 722-2722
  • Built by JT Construction
  • Monteray Shores Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,943

Year Built

Built in 2021

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: A-Frame, Reverse Floor Plan
  • Directions: Rt 12 North to Corolla, past Monterey Shores Clubhouse and amenities. Left on Ocean Forest Court. Follow around to sound and cul-de-sac. Home on the right.
  • Extras: Ceiling Fan(s), Elevator
  • Headline: New 4 Br Corolla w/Pool, Elev
  • Heated Sq Ft: 2672
  • L V T Date: 05/29/2021
  • Roads: Paved
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 55
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C14121
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Washer
  • Bedrooms: 4
  • Countertops: Granite
  • Floor Coverings: Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 3
  • Interior Amenities: Ensuite
  • Optional Rooms: Game Room, Office
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: JT Construction
  • Construction: Frame, Wood
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Paved

Utilities

  • Cooling: Heat Pump, Wall Units
  • Heating: Electric, Heat Pump
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Tennis Courts
  • Association Amenities: Boat Ramp, Boat Dock, Clubhouse, Health Club, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 1110
  • Hoa Contact: Kathy Scott
  • HOA Contact: 252-722-2722

Lot Info

  • Estimated Lot Sq Ft: 9000
  • Lot Description: Cul-de-sac, Level
  • Lot Size: 8987
  • Lot Number: Lot #196
  • Estimated Lot Size: 0.21
  • Deed Book: 1338

Building Info

  • Year Built: 2021

Tax Info

  • Year: 2020
  • Taxes: 1943

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2021
Closed on
Jul 16, 2021
Sold by
Hernandez and Tanesha
Bought by
Spevak Kristofer and Ortiz Mildred R
Seller's Agent
Mark Lupean
Brindley Beach Vacations & Sales - KH
Buyer's Agent
Denise Schmitt
Corolla Beach Realty
List Price
$649,000
Sold Price
$655,000
Premium/Discount to List
$6,000
0.92%
Current Estimated Value
$867,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,244
Avg. Annual Appreciation
6.53%
Original Mortgage
$548,250
Outstanding Balance
$497,907
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$369,337

Purchase Details

Listed on
Mar 6, 2015
Closed on
Aug 14, 2015
Sold by
Favret Cynthia and Favret Cindy
Bought by
Hernandez Joaquin and Hernandez Tanesha
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Mark Lupean
Brindley Beach Vacations & Sales - KH
List Price
$52,000
Sold Price
$50,000
Premium/Discount to List
-$2,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.32%
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
Spevak Kristofer $655,000 Sharp Starkey
Spevak Kristofer $655,000 Sharp Starkey
Hernandez Joaquin $50,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spevak Kristofer $548,250
Closed Spevak Kristofer $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2021 07/22/21 Sold $655,000 +0.9% $245 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
05/29/2021 05/29/21 For Sale $649,000 +1198.0% $243 / Sq Ft
08/19/2015 08/19/15 Sold $50,000 -3.8% -- View Prior Sale
07/27/2015 07/27/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $52,000 -- --
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 $4,478 $482,200 $55,000 $427,200
2024 $4,478 $482,200 $55,000 $427,200
2023 $4,494 $482,200 $55,000 $427,200
2022 $2,895 $482,200 $55,000 $427,200
2021 $2,880 $423,100 $65,000 $358,100
2020 $1,943 $423,100 $65,000 $358,100
2019 $345 $65,000 $65,000 $0
2018 $345 $65,000 $65,000 $0
2017 $312 $65,000 $65,000 $0
2016 $312 $65,000 $65,000 $0
2015 -- $65,000 $65,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114622

Outer Banks Association of REALTORS®

APN: 115C-000-0196-0000