NOT LISTED FOR SALE

988 Corolla Dr Corolla, NC 27927

Estimated Value: $1,004,000 - $1,229,000

6 Beds
4 Baths
3,784 Sq Ft
$288/Sq Ft Est. Value

Last Sold March 03, 2017

Last sale price $519,900 $137 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $6,195/month

293 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Contemporary Architecture
  • Beach Access
  • Second Refrigerator
  • Wood Flooring

About This Home

As of March 2017

Great Corolla/Whalehead home, close to direct beach access. Custom built home with many extras. Large kitchen with lots of cabinets and ample counter space. New fridge. Ceramic tile floors in kitchen. Huge great room with gas fireplace. Gorgeous maple floors. Spacious dining area. Great screened porch and lots of sun decks. Pool area is enormous. 30 X 16 pool with waterfall. Nice bath with shower, toilet and sink outside by pool. Recreation area outside with ping pong table. Downstairs kitchen is perfect for cooking for everyone at the pool. Nice oak cabinetry. Entire downstairs kitchen and game room is ceramic tiled. Nicely furnished. Lots of parking. Shows well. Gross rental projection from Seaside Vacations for $67,905.

Last Agent to Sell the Property

Toy Warden

RE/MAX Coastal Associates - Outer Banks License #170337 Listed on: 03/26/2016

RE/MAX Coastal Associates - Outer Banks

Last Buyer's Agent

Len Cusato

Keller Williams - Outer Banks License #284979

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,554

Year Built

  • Built in 1997

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Level Lot

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Entry on the 1st floor
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,784 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Dining Room
  • Game Room
  • Utility Room
  • Dryer
  • Ocean Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Parking

  • Garage
  • Carport
  • Off-Street Parking

Pool

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

Outdoor Features

  • Beach Access
  • Sun Deck

Utilities

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

Listing and Financial Details

  • Tax Lot lot 67

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,554

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Hot Tub, Outside Shower, Sun Deck
  • Flood Zone: X
  • Subdivision Name: Whalehead
  • Headline: Large pool with waterfall!
  • Heated Sq Ft: 3784
  • L V T Date: 03/28/2016
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 7
  • Unit Level Number: 1
  • Waterfront Location: More than 5th row
  • Zoning: res
  • Deed Book Pg Number: 775
  • Office License Number: C26756
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 6
  • Bedroom 1: Master, On Level: 1
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: Ground
  • Bedroom 4: On Level: Ground
  • Bedroom 5: On Level: 1
  • Bedroom 6: On Level: 1
  • Kitchen: On Level: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Tile, Wood
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Gas Fireplace, Pantry
  • Dining Room: On Level: 2
  • Game Room: On Level: Ground
  • Living Room: Great rm, On Level: 2
  • Optional Rooms: Game Room, Pantry
  • Optional Room 1: 2nd kitch, On Level: Ground

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: 9 X 12
  • Street Frontage: 100
  • Sun Deck Size: HUGE
  • View: Ocean

Garage/Parking

  • Garage: 1 Car, Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 4564

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 100X200
  • Lot Number: lot 67
  • Deed Book: 867

Rental Info

  • Est Annual Rental Income: 48505
  • Estimated Rental Performance: 0.0933
  • Flood Expenses: 352
  • Lease Terms: Weekly
  • Maintenance Expenses: 985
  • Other Expenses: 160000
  • Poolspa Expense: 2294
  • Rental Co: Elan Vacations
  • Rental Cottage Name: Whalehead Summit
  • Rental Phone Number: 252-491-8787
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1537
  • Annual Electric: 3053
  • Annual Water Expense: 1501

Building Info

  • Year Built: 1997

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2015
  • Taxes: 4554

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2016
Closed on
Mar 3, 2017
Sold by
Hess David and Hess Carol Ann
Bought by
Battle Stephen and Battle Pamela
Seller's Agent
Toy Warden
RE/MAX Coastal Associates - Outer Banks
Buyer's Agent
Len Cusato
Keller Williams - Outer Banks
List Price
$549,000
Sold Price
$519,900
Premium/Discount to List
-$29,100
-5.3%
Current Estimated Value
$1,089,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$569,926
Avg. Annual Appreciation
8.72%
Original Mortgage
$415,920
Outstanding Balance
$341,622
Interest Rate
4.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$748,204

Purchase Details

Closed on
May 19, 2005
Sold by
Rance William G and Rance Karen S
Bought by
Hess David and Hess Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.5%
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
Battle Stephen $520,000 Attorney
Hess David $775,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Battle Stephen $415,920
Previous Owner Hess David $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2017 03/03/17 Sold $519,900 -5.3% $137 / Sq Ft
01/13/2017 01/13/17 Pending -- -- --
03/26/2016 03/26/16 For Sale $549,000 -- $145 / 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 $6,018 $652,800 $125,000 $527,800
2024 $6,018 $624,100 $125,000 $499,100
2023 $5,706 $624,100 $125,000 $499,100
2022 $4,833 $624,100 $125,000 $499,100
2021 $4,818 $633,400 $160,000 $473,400
2020 $4,868 $633,400 $160,000 $473,400
2019 $4,856 $633,400 $160,000 $473,400
2018 $4,856 $633,400 $160,000 $473,400
2017 $4,522 $633,400 $160,000 $473,400
2016 $4,554 $633,400 $160,000 $473,400
2015 $4,554 $633,400 $160,000 $473,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 91747

Outer Banks Association of REALTORS®

APN: 115A-000-0067-0007