NOT LISTED FOR SALE

986 Ocean Forest Ct Corolla, NC 27927

Corolla Area

Estimated Value: $1,260,000 - $3,171,000

5 Beds
5.5 Baths
3,800 Sq Ft
$465/Sq Ft Est. Value

Sale Details

Date Sold: August 18, 2021

Last sale price $1,000,000 $263 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $10,298 / mo

1 Day on Market

Highlights

  • 158 Feet of Waterfront
  • Views of a Sound
  • Tennis Courts
  • Knotts Island Elementary School Rated 9+
  • Community Boat Dock
  • Heated In Ground Pool

About This Home

As of August 2021

House is located on a bulk headed soundfront homesite in the northern section of Monteray Shores. Turn into the secluded driveway that is accessed from the cul-de-sac street. Nestled among the many trees, the home opens up to a panoramic view of the Currituck Sound. This house has been lightly used as a second home with top of the line furnishings. Seller takes pride in maintaining the home and it shows. Three master Bedrooms, game room, den/entertainment room, exercise room. Enjoy the large expansive living/dining/kitchen/master bedroom area on the top level, with water views galore. The handy elevator provides easy access to all levels. Handicap bath is another added feature. This location is great for a Primary Home, keep it as a seconde home, or a Rental home, that includes all the Monteray Shores Community amenities.

Last Agent to Sell the Property

Ronald Barrett

Brindley Beach Vacations & Sales - Cor License #94054 Listed on: 07/06/2021

Last Buyer's Agent

Andy DelToro

Brindley Beach Vacations & Sales - KH License #274147

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,109

Year Built

  • Built in 2001

Lot Details

  • 22,335 Sq Ft Lot
  • 158 Feet of Waterfront
  • Home fronts a sound
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $92 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,800 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Library
  • Game Room
  • Sun or Florida Room
  • Utility Room
  • Views of a Sound

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport

Accessible Home Design

  • Handicap Accessible

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Tennis Courts
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Fuel Tank
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 188

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, tennis courts, walkways
  • Kathy Scott Association
  • Monteray Shores Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Boat Dock
  • Community Boardwalk
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,109

Year Built

Built in 2001

Lot Details

0.51 Acres

HOA Fees

$92 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: North on Hwy 12. Turn west on Ocean Forest Court. Next to last Soundfront home on the left
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Handicap Friendly, Jet Tub, Landscaped, Lawn Sprinklers, Outdoor Tennis, Outside Lighting, Outside Shower, Security System, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Monteray Shores
  • Headline: True Soundfront, Second Home
  • Heated Sq Ft: 3800
  • L V T Date: 07/06/2021
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unheated Lvarsf: 110
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 469
  • 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: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Vinyl, Vinyl Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Library/Study, Pantry, Sun/Florida Room, Utility Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Gunite, Heated, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 51
  • View: Sound
  • Water Frontage: 158

Garage/Parking

  • Garage: 3 + Car, Carport
  • Parking: Paved

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Electric, Forced Air, Zoned
  • Fuel Tanks: Owned
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Boat Ramp, Clubhouse, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Sound Access, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 1100
  • Hoa Contact: Kathy Scott
  • HOA Contact: Monteray Shores HOA
  • Home Owner Dwelling Insurance: 2386

Lot Info

  • Estimated Lot Sq Ft: 22335
  • Lot Description: Bulkheaded, Cul-de-sac, Level, Water Frontage
  • Lot Faces: West
  • Lot Number: Lot 188
  • Estimated Lot Size: 0.51
  • Deed Book: 1123

Rental Info

  • Flood Expenses: 858
  • Maintenance Expenses: 700
  • Poolspa Expense: 1900
  • Yearly Expense Actual Estimate: Estimated
  • Annual Electric: 1800
  • Annual Water Expense: 610

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2021
  • Taxes: 4109

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
Jul 6, 2021
Closed on
Aug 11, 2021
Sold by
Bought by
Seller's Agent
Ronald Barrett
Brindley Beach Vacations & Sales - Cor
Buyer's Agent
Andy DelToro
Brindley Beach Vacations & Sales - KH
List Price
$938,000
Sold Price
$1,000,000
Premium/Discount to List
$62,000
6.61%
Current Estimated Value
$1,768,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$768,728
Avg. Annual Appreciation
12.18%
Original Mortgage
$548,250
Outstanding Balance
$488,740
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,279,988

Purchase Details

Closed on
Apr 7, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2010
Sold by
Bought by

Purchase Details

Closed on
Jan 8, 2010
Sold by
Bought by

Purchase Details

Closed on
Dec 13, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.06%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Corolla, NC

  • Steven Gross Real Estate Agent - Twiddy and Company - Corolla

    Steven Gross

    Twiddy and Company - Corolla

    (252) 689-7140

    45 Total Sales

    21 in Corolla

    $99K - $1.2M Price Range

    Steven Gross
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  • Randy Nance Real Estate Agent - Coastal Carolina Vacations

    Randy Nance

    Coastal Carolina Vacations

    (252) 429-5298

    37 Total Sales

    1 in Corolla

    $785,000 Price

    Randy Nance
     Section Image
  • Winston Hawkins Real Estate Agent - Brindley Beach Vacations & Sales - Cor

    Winston Hawkins

    Brindley Beach Vacations & Sales - Cor

    (252) 336-9986

    42 Total Sales

    6 in Corolla

    $452K - $1.4M Price Range

    Winston Hawkins
     Section Image
  • Trisha Midgett Real Estate Agent - Midgett Realty - Rodanthe

    Trisha Midgett

    Responds Quickly

    Midgett Realty - Rodanthe

    (252) 650-8051

    1,066 Total Sales

    31 in Corolla

    $128K - $6.3M Price Range

    Trisha Midgett
     Section Image
  • Melissa Morgan Real Estate Agent - Landmark Sotheby's Internation

    Melissa Morgan

    Landmark Sotheby's Internation

    (252) 421-6771

    59 Total Sales

    8 in Corolla

    $713K - $1.1M Price Range

    Melissa Morgan
     Section Image
  • Ashley Ladd Real Estate Agent - Twiddy and Co. - Duck

    Ashley Ladd

    Twiddy and Co. - Duck

    (984) 833-2316

    20 Total Sales

    11 in Corolla

    $215K - $4.5M Price Range

    Ashley Ladd
     Section Image
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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
$1,000,000 None Available
$700,000 None Available
$691,115 None Available
-- None Available
-- 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 $548,250
Previous Owner $241,000
Previous Owner $250,000
Previous Owner $125,000
Previous Owner $650,000
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
08/18/2021 08/18/21 Sold $1,000,000 +6.6% $263 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $938,000 -- $247 / Sq Ft
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 $5,590 $729,500 $200,000 $529,500
2024 $5,590 $729,500 $200,000 $529,500
2023 $5,574 $729,500 $200,000 $529,500
2022 $4,291 $729,500 $200,000 $529,500
2021 $4,146 $723,500 $300,000 $423,500
2020 $4,109 $723,500 $300,000 $423,500
2019 $4,109 $723,500 $300,000 $423,500
2018 $4,109 $723,500 $300,000 $423,500
2017 $3,728 $723,500 $300,000 $423,500
2016 $3,727 $723,500 $300,000 $423,500
2015 $3,727 $723,500 $300,000 $423,500
Source: Public Records

Agents Affiliated with this Home

  • Ronald Barrett Real Estate Agent - Brindley Beach Vacations & Sales - Cor

    Seller's Agent in 2021

    Ronald Barrett

    Brindley Beach Vacations & Sales - Cor

    (252) 202-8999

    31 Total Sales

    Ronald Barrett
    Section Image

  • A

    Buyer's Agent in 2021

    Andy DelToro

    Brindley Beach Vacations & Sales - KH

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115087

Outer Banks Association of REALTORS®

APN: 115C-000-0188-0000

North Carolina Currituck County Corolla 27927

986 Ocean Forest Ct, Corolla, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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