NOT LISTED FOR SALE

987 Corolla Dr Corolla, NC 27927

Estimated Value: $966,000 - $997,435

5 Beds
6 Baths
2,690 Sq Ft
$365/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $510,000 $190 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,566/month

15 Days on Market

Highlights

  • Ocean View
  • Second Refrigerator
  • Furnished
  • In Ground Pool
  • Cathedral Ceiling
  • Game Room

About This Home

As of June 2020

Beautiful beach cottage located just steps away from the wide, uncrowded Corolla beach! You'll have everything you need for your perfect beach getaways at this lovely property with five bedrooms and four full, and two half bathrooms. Tastefully decorated and well appointed with a coastal, beachy vibe throughout. The top floor is bright, open and spacious, so everyone can gather together and enjoy the ocean views from the living room and sun decks! Lots of great windows for plenty of natural lighting. Huge kitchen that opens to the dining and living areas with bar-top seating, perfect for entertaining and cooking meals together. Nice screen porch off dining/kitchen area, ideal for dining al fresco with the cool ocean breezes. Comfortable living room with big sofas, gas fireplace for those cool evenings, built in shelving, large flat screen TV, and even a cozy breakfast table area with nearby powder room. Large master bedroom with sun deck access, plenty of closet space, and a big bathroom with dual vanities and tub/shower. Mid-level offers a second living space with plenty of seating for watching a movie or just lounging. Another large master with deck access, and private bath with dual vanity. Two other guest bedrooms, both with deck access share a hall bath. Eight-person hot tub located on the mid-level covered decks. Third master bedroom is located on the ground floor, as well as a nice game room area with Foosball table and more seating for gaming and/or watching TV so everyone can spread out in this home's great layout! Washer/dryer located on ground floor as well as a 2nd full sized refrigerator, perfect for those cold drinks for the pool area. Game room slider leads out to the pool deck where you can lounge in the sunshine and take a dip in the large pool. Well built, quality construction with cement fiberboard siding. All this and only minutes to the nearby shops, restaurants and attractions of Corolla! Be sure to view the virtual tour by clicking link or cut/paste into your browser: https://my.matterport.com/show/?m=dv7kcVvJ5j2&mls=1

Last Agent to Sell the Property

Heather McLay

Landmark Sotheby's Internation License #188982 Listed on: 04/06/2020

Landmark Sotheby's Internation

Co-Listed By

Ashley Ladd

Twiddy and Co. - Duck License #276643

Last Buyer's Agent

Matt Preston

Twiddy and Company - Corolla License #288364

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,529

Year Built

  • Built in 2002

Lot Details

  • Level Lot

Parking

  • Paved Parking

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,690 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa

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 51

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,529

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Heading north from Duck on Rt 12. Turn right onto Bonito St. Turn left on Corolla Drive and the house will be on the right.
  • Extras: Ceiling Fan(s), Hot Tub, Smoke Detector(s)
  • Headline: Beautiful Beach Home!
  • Heated Sq Ft: 2690
  • L V T Date: 04/06/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 7
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: res
  • Deed Book Pg Number: 359
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Pantry, Some Windows Treated, Washer Connection, 1st Flr Ensuite
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Parking: Paved

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 51
  • Deed Book: 1270

Rental Info

  • Est Annual Rental Income: 47930
  • Estimated Rental Performance: 0.094
  • Lease Terms: Weekly
  • Rental Co: Resort Realty
  • Rental Cottage Name: Decked Out
  • Rental Cottage Number: 1414
  • Rental Phone Number: 252-441-5000
  • Rental Turnover Day: Saturday
  • Rental Contact Email: Debbie.Hartlove@resortrealty.com
  • Rental Contact Name: Debbie Hartlove
  • Rental Contact Phone: 252-255-3558

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2019
  • Taxes: 4528.7

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2020
Closed on
Jun 1, 2020
Sold by
Decker Peter G and Decker Dana Jo
Bought by
Hinton Mary Dana
Seller's Agent
Heather McLay
OBX Homes
Buyer's Agent
Matt Preston
Twiddy and Company - Corolla
List Price
$539,000
Sold Price
$510,000
Premium/Discount to List
-$29,000
-5.38%
Current Estimated Value
$980,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,859
Avg. Annual Appreciation
12.46%
Original Mortgage
$459,000
Outstanding Balance
$404,952
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$575,907

Purchase Details

Listed on
Jul 12, 2013
Closed on
Oct 17, 2013
Sold by
Garrett Michael R and Garrett Denise D
Bought by
Decker Peter G and Decker Dana Jo
Seller's Agent
Shirley Brinkley
Default, Office
Buyer's Agent
Michael Ross
Southern Shores Realty
List Price
$535,000
Sold Price
$545,000
Premium/Discount to List
$10,000
1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.99%
Original Mortgage
$381,500
Interest Rate
4.58%
Mortgage Type
New Conventional
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
Hinton Mary Dana $510,000 None Available
Decker Peter G $545,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinton Mary Dana $459,000
Previous Owner Decker Peter G $381,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2020 06/05/20 Sold $510,000 -5.4% $190 / Sq Ft
04/21/2020 04/21/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $539,000 -1.1% $200 / Sq Ft
10/18/2013 10/18/13 Sold $545,000 +1.9% $181 / Sq Ft View Prior Sale
09/17/2013 09/17/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $535,000 -- $178 / 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 $5,123 $548,800 $175,000 $373,800
2024 $5,123 $548,800 $175,000 $373,800
2023 $5,107 $548,800 $175,000 $373,800
2022 $4,330 $548,800 $175,000 $373,800
2021 $4,315 $583,400 $170,000 $413,400
2020 $4,543 $583,400 $170,000 $413,400
2019 $4,529 $583,400 $170,000 $413,400
2018 $4,529 $583,400 $170,000 $413,400
2017 $4,207 $583,400 $170,000 $413,400
2016 $4,237 $583,400 $170,000 $413,400
2015 -- $583,400 $170,000 $413,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108951

Outer Banks Association of REALTORS®

APN: 115A-000-0051-0007