NOT LISTED FOR SALE

984 Corolla Dr Corolla, NC 27927

Estimated Value: $941,000 - $1,065,000

6 Beds
5 Baths
3,469 Sq Ft
$293/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $462,500 $133 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $5,940/month

866 Days on Market

Highlights

  • Ocean View
  • Second Refrigerator
  • Cathedral Ceiling
  • In Ground Pool
  • Coastal Architecture
  • Main Floor Bedroom

About This Home

As of May 2016

Great 6th Row Whalehead home, an easy walk to the beach and priced to sell! All rooms are large - compare to other houses in this price range. Bedrooms are large enough for seating. Original owners have loved this house and have kept it well maintained. It has consistently been a solid rental. FLOOD ZONE 'X'. New sofas and chair summer of 2015. Kitchen appliances (refrigerator, dishwasher, microwave & stove) new in Fall of 2012. Pool Pump new in 2013. Close to Lightouse, shops & restaurants.

Last Agent to Sell the Property

Eddie Kavanaugh

Keller Williams - Outer Banks License #126307 Listed on: 11/21/2013

Keller Williams - Outer Banks

Co-Listed By

Denise Graham

Keller Williams - Outer Banks License #190990

Last Buyer's Agent

Carol Hayhoe

Chicahauk Brokers, LLC License #229714

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,880

Year Built

  • Built in 1997

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,469 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Game Room
  • Sun or Florida Room
  • Ocean Views
  • Storm Doors

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Dishwasher
  • Wine Cooler
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Community Details

  • Built by O'Brien Beach Builders
  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 65

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,880

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: From Rt 12, turn right on Bonito then left (North ) on Corolla Dr. House is 2 blocks North on left.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Storm Doors, Sun Deck
  • Flood Zone: X
  • Headline: Reduced! Motivated Seller!
  • Heated Sq Ft: 3469
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 7
  • Waterfront Location: More than 5th row
  • Zoning: Residentia
  • Deed Book Pg Number: 0807
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Refrigerator, Wine Cooler
  • Bedrooms: 6
  • Bedroom 1: On Level: 3
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 1
  • Bedroom 6: On Level: 1
  • Kitchen: On Level: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Pantry, Washer Connection
  • Dining Room: On Level: 3
  • Game Room: On Level: 1
  • Living Room: On Level: 3
  • Optional Rooms: Game Room, Sun/Florida Room

Exterior Features

  • Homebuilder: O'Brien Beach Builders
  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Heat Pump, Zoned
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Faces: E
  • Lot Size: 100x200
  • Lot Number: Lot 65
  • Deed Book: 0419

Rental Info

  • Est Annual Rental Income: 43000
  • Estimated Rental Performance: 0.093
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Lazy J
  • Rental Cottage Number: J60984
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2014
  • Taxes: 3880

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2021
Sold by
Egles Nest Va Llc
Bought by
Hobaough John and Hobaough Stephanie
Current Estimated Value
$1,051,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,000
Outstanding Balance
$428,891
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$586,873

Purchase Details

Listed on
Nov 21, 2013
Closed on
May 11, 2016
Sold by
Jones Jean C
Bought by
Eagles Nest Va Llc
Seller's Agent
Eddie Kavanaugh
Keller Williams - Outer Banks
Buyer's Agent
Carol Hayhoe
Chicahauk Brokers, LLC
List Price
$575,000
Sold Price
$462,500
Premium/Discount to List
-$112,500
-19.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$228,250
Interest Rate
3.58%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 18, 1997
Bought by
Jones Mahlon P and Jones Jean C
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
Hobaough John -- None Available
Eagles Nest Va Llc $462,500 Attorney
Jones Mahlon P $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobaough John $474,000
Previous Owner Eagles Nest Va Llc $228,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $462,500 -19.6% $133 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
11/21/2013 11/21/13 For Sale $575,000 -- $166 / 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 $5,184 $574,500 $125,000 $449,500
2024 $5,184 $574,500 $125,000 $449,500
2023 $5,168 $574,500 $125,000 $449,500
2022 $4,381 $574,500 $125,000 $449,500
2021 $4,366 $548,100 $160,000 $388,100
2020 $4,150 $548,100 $160,000 $388,100
2019 $4,149 $548,100 $160,000 $388,100
2018 $4,149 $548,100 $160,000 $388,100
2017 $3,855 $548,100 $160,000 $388,100
2016 $3,883 $548,100 $160,000 $388,100
2015 $3,881 $548,100 $160,000 $388,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 81434

Outer Banks Association of REALTORS®

APN: 115A-000-0065-0007