NOT LISTED FOR SALE

983 Corolla Dr Corolla, NC 27927

Estimated Value: $805,000 - $1,063,000

7 Beds
4 Baths
2,662 Sq Ft
$360/Sq Ft Est. Value

Last Sold August 15, 2017

Last sale price $515,000 $193 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,330/month

1,134 Days on Market

Highlights

  • Ocean View
  • Coastal Architecture
  • Loft
  • In Ground Pool
  • Main Floor Bedroom
  • Furnished

About This Home

As of August 2017

Another Reduction!!! There are NO ($0.00) HOA fees required in Whalehead Beach!! You'll be happy you checked this very clean & well-maintained, affordable 7 bedroom home. Great ocean to sound views from the rooftop deck! In the back ( East ) there is a nice, slated patio area with corn hole and horseshoes, just steps away from the pool and hot tub. The large back yard - yes a yard! - is nicely landscaped and with the games, it's a great place for family gatherings. The ground level features a pool table and wet bar with step out to yard.

Last Agent to Sell the Property

Eddie Kavanaugh

Keller Williams - Outer Banks License #126307 Listed on: 05/31/2014

Keller Williams - Outer Banks

Co-Listed By

Denise Graham

Keller Williams - Outer Banks License #190990

Last Buyer's Agent

Stephanie Walker

Stephanie Walker and Associates License #110099

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,588

Year Built

  • Built in 2002

Lot Details

  • 0.46 Acre Lot
  • Landscaped
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,662 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Loft
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio

Utilities

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

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 53

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,588

Year Built

Built in 2002

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: North on RT 12, right on Herring St. Right on Corolla Dr. Home is in the middle of the block on left
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Patio, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Headline: Super clean & awesome lot
  • Heated Sq Ft: 2662
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 7
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Residentia
  • Deed Book Pg Number: 0682
  • Office License Number: C11444
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 7
  • Bedroom 1: On Level: 3
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 2
  • Bedroom 6: On Level: 1
  • Bedroom 7: On Level: 1
  • Kitchen: On Level: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile, Vinyl
  • Foundation: Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Dryer Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Dining Room: On Level: 3
  • Family Room: On Level: 3
  • Game Room: On Level: 1
  • Living Room: On Level: 3
  • Optional Room 2: On Level: 1
  • Optional Rooms: Game Room, Loft
  • Optional Room 1: On Level: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Oilgas Severed Pre Owner: No Representation
  • Septic Fee: 125
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 45
  • Home Owner Dwelling Insurance: 3022

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Number: Lot 53
  • Deed Book: 0965

Rental Info

  • Lease Terms: Weekly
  • Other Expenses: 2300
  • Poolspa Expense: 3000
  • Rental Co: Vacasa - North
  • Annual Cable TV Expense: 3000
  • Annual Electric: 3200
  • Annual Water Expense: 635

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2017
  • Taxes: 2588

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2014
Closed on
Aug 1, 2017
Sold by
Robichaud Michael and Mcginn Elizabeth E
Bought by
Greene Kevin Patrick and Greene Rebecca Clemons
Seller's Agent
Eddie Kavanaugh
Keller Williams - Outer Banks
Buyer's Agent
Stephanie Walker
Stephanie Walker and Associates
List Price
$625,000
Sold Price
$515,000
Premium/Discount to List
-$110,000
-17.6%
Current Estimated Value
$932,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,670
Avg. Annual Appreciation
7.74%
Original Mortgage
$386,250
Outstanding Balance
$319,257
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$640,014

Purchase Details

Closed on
Sep 12, 2006
Sold by
Smith Stanley O and Workman Carol Z
Bought by
Robichaud Michael and Mcginn Elizabeth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Greene Kevin Patrick $515,000 Attorney
Robichaud Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greene Kevin Patrick $386,250
Previous Owner Robichaud Michael $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2017 08/15/17 Sold $515,000 -17.6% $193 / Sq Ft
07/08/2017 07/08/17 Pending -- -- --
05/31/2014 05/31/14 For Sale $625,000 -- $235 / 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 $5,274 $587,900 $175,000 $412,900
2024 $5,274 $587,900 $175,000 $412,900
2023 $5,258 $587,900 $175,000 $412,900
2022 $4,457 $587,900 $175,000 $412,900
2021 $4,442 $539,200 $170,000 $369,200
2020 $4,071 $539,200 $170,000 $369,200
2019 $4,071 $539,200 $170,000 $369,200
2018 $4,071 $539,200 $170,000 $369,200
2017 $3,915 $539,200 $170,000 $369,200
2016 $3,943 $539,200 $170,000 $369,200
2015 $3,943 $539,200 $170,000 $369,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 84128

Outer Banks Association of REALTORS®

APN: 115A-000-0053-0007