NOT LISTED FOR SALE

992 Cane Garden Bay Cir Corolla, NC 27927

Corolla Area

Estimated Value: $660,552 - $835,000

4 Beds
3.5 Baths
2,145 Sq Ft
$349/Sq Ft Est. Value

Sale Details

Date Sold: March 26, 2021

Last sale price $527,500 $246 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,607 / mo

3 Days on Market

Highlights

  • Beach Access
  • In Ground Pool
  • Coastal Architecture
  • Knotts Island Elementary School Rated 9+
  • Gated Community
  • Cathedral Ceiling

About This Home

As of March 2021

Come check out this beautiful 10 years young single-family home on the East side of NC 12 in Corolla Bay. Whether you use this as your primary home, make it your second home at the beach, or a rental earning investment property, your family, friends, and guests will certainly relax and have fun here. Enjoy the reverse floorplan layout with 4 bedrooms, 3 full baths, and one-half bath this house has to offer. The elevator shaft area on the second floor has been turned into a private office for working remotely. It is spacious enough to include multi-level shelving and a desk capable of holding dual monitors. With the saltwater community pool literally behind your private back yard, you can unwind from a long day at the beach, and still make it back when the dinner bell rings. Feel like warming up in the hot tub or enjoying the view from the upper-level kitchen, living room and dining room, it is all here! From the granite kitchen countertops, exterior decks, and private back yard, there is a spot for everyone. Need an elevator? Well, this home has the hard part done. With the elevator shaft built into the home for future use, all you need to do is contact the elevator installer of your choice and install the components! New HVAC with dual thermostats for the first and second levels was installed in 2020 at cost of $7k, and the exterior of the house was repainted in 2018 at cost of $8k. This house was a lightly rented VRBO, managed by owners. Come see this one before it is too late!

Last Agent to Sell the Property

Mike Meola

Village Realty Holdings, LLC - License #311863 Listed on: 02/11/2021

Last Buyer's Agent

Ronda Galko

Howard Hanna - Great Bridge License #306074

Howard Hanna - Great Bridge

Range of Values:

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Value Increase
--
Percent Increase
--
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

  • $2,393

Year Built

  • Built in 2011

Lot Details

  • Property fronts a private road
  • Lot includes common area
  • Fenced Yard
  • Level Lot
  • Sprinkler System

HOA Fees

  • $213 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Cottage
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 2,145 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot # 41

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, pool, walkways
  • Corolla Bay Village Assn Association, Phone Number (252) 261-1200
  • Corolla Bay Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,393

Year Built

Built in 2011

Lot Details

2,744 Sq Ft Lot

HOA Fees

$213 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal, Cottage
  • Directions: NC 12 to turn onto Herring St to turn onto Cane Garden Bay Circle to # 992
  • Extras: Beach Access, Ceiling Fan(s), Curbs, Covered Decks, Fenced Yard, Hot Tub, Lawn Sprinklers, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry
  • Flood Zone: X
  • Subdivision Name: COROLLA BAY SEC III
  • Headline: Serenity Now Awaits !
  • Heated Sq Ft: 2145
  • L V T Date: 02/11/2021
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: res
  • Deed Book Pg Number: 645
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26996
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Granite, Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ensuite, Some Windows Treated, Washer Connection, Electric Fireplace
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Wood
  • Pool: Yes
  • Pool: Association
  • Pool Type: In Ground, Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport
  • Parking: Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Pool, Walkways
  • Association Amenities: Gated Community, Outdoor-Comm. Pool, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 2550
  • Hoa Contact: Corolla Bay Village Assn
  • HOA Contact: Seaside Mgt 252-261-1200

Lot Info

  • Lot Description: Adj. To Common Area, Level
  • Lot Number: Lot # 41
  • Deed Book: 1294

Rental Info

  • Rental Co: VRBO

Building Info

  • Year Built: 2011

Tax Info

  • Year: 2021
  • Taxes: 2392.89

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
Feb 11, 2021
Closed on
Mar 26, 2021
Sold by
Bought by
Seller's Agent
Mike Meola
Village Realty Holdings, LLC -
Buyer's Agent
Ronda Galko
Howard Hanna - Great Bridge
List Price
$510,000
Sold Price
$527,500
Premium/Discount to List
$17,500
3.43%
Current Estimated Value
$748,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,888
Avg. Annual Appreciation
6.67%
Original Mortgage
$422,000
Outstanding Balance
$370,699
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$377,689

Purchase Details

Listed on
Apr 29, 2014
Closed on
Jun 25, 2014
Sold by
Bought by
Seller's Agent
David Hoare
SAGA Realty and Construction
Buyer's Agent
Daphne Degabrielle
Outer Banks Realty Group
List Price
$432,000
Sold Price
$428,500
Premium/Discount to List
-$3,500
-0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%

Purchase Details

Closed on
Dec 5, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 18, 2011
Sold by
Bought by
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

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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
$527,500 None Available
$428,500 None Available
-- None Available
$400,000 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 $422,000
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 Prior Sale
03/26/2021 03/26/21 Sold $527,500 +3.4% $246 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $510,000 +19.0% $238 / Sq Ft
06/27/2014 06/27/14 Sold $428,500 -0.8% $200 / Sq Ft View Prior Sale
05/29/2014 05/29/14 Pending -- -- --
04/29/2014 04/29/14 For Sale $432,000 -- $201 / 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 $3,457 $409,400 $100,000 $309,400
2024 $3,457 $409,400 $100,000 $309,400
2023 $3,441 $409,400 $100,000 $309,400
2022 $2,603 $409,400 $100,000 $309,400
2021 $2,596 $387,900 $135,000 $252,900
2020 $2,393 $387,900 $135,000 $252,900
2019 $2,393 $387,900 $135,000 $252,900
2018 $0 $387,900 $135,000 $252,900
2017 $2,173 $387,900 $135,000 $252,900
2016 $2,173 $387,900 $135,000 $252,900
2015 -- $382,400 $135,000 $247,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112867

Outer Banks Association of REALTORS®

APN: 115F-000-0041-0000

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