NOT LISTED FOR SALE

993 Corolla Dr Corolla, NC 27927

Estimated Value: $654,000 - $731,000

3 Beds
2 Baths
1,694 Sq Ft
$406/Sq Ft Est. Value

Last Sold February 12, 2016

Last sale price $355,000 $210 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,872/month

11 Days on Market

Highlights

  • Community Beach Access
  • Coastal Architecture
  • Wood Flooring
  • Ocean View
  • Cathedral Ceiling
  • Main Floor Bedroom

About This Home

As of February 2016

This home is located at 993 Corolla Dr, Corolla, NC 27927 since 27 December 2015 and is currently estimated at $687,182, approximately $405 per square foot. This property was built in 1989. 993 Corolla Dr is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

Last Agent to Sell the Property

Glenn Jungen

Twiddy and Company - Corolla License #224940 Listed on: 12/27/2015

Co-Listed By

Jane J

Twiddy and Company - Corolla License #230815

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,282

Year Built

  • Built in 1989

Lot Details

  • Landscaped
  • Level Lot

Home Design

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

Interior Spaces

  • 1,694 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Bay Window
  • Screened Porch
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 48

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,282

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal, Cottage
  • Directions: NC 12 North to East on Herring in Whalehead (turn at Corolla Bay), right on Corolla Drive. 2nd home on left
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Landscaped, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck, Dry Entry
  • Flood Zone: X
  • Headline: Your Cottage By the Sea!
  • Heated Sq Ft: 1694
  • L V T Date: 12/27/2015
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: res
  • Deed Book Pg Number: 156
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Bedroom 1: MasterDeck, On Level: 1
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Kitchen: On Level: 2
  • Countertops: Laminate, Solid Surface
  • Floor Coverings: Carpet, Vinyl, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Bay/Bow Window, Cathedral Ceiling(s), Dryer Connection, Ensuite, Skylight, Some Windows Treated, Washer Connection, Wood Fireplace
  • Dining Room: Open, On Level: 2
  • Living Room: LargeOpen, On Level: 2
  • Optional Rooms: Breakfast Nook, Utility Room

Exterior Features

  • Construction: Frame
  • Covered Deck Size: Eastside
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: Big
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 48
  • Deed Book: 233

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2015
  • Taxes: 2282

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2024
Sold by
Khouri Matthew H
Bought by
Matthew H Khouri Revocable Living Trust and Khouri
Current Estimated Value
$687,182

Purchase Details

Closed on
Feb 15, 2019
Sold by
Khouri Michael A and Khouri Denise R
Bought by
Khouri Matthew H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 27, 2015
Closed on
Feb 4, 2016
Sold by
Johnson Alfred B and Johnson Susan J
Bought by
Khouri Michael A and Khouri Denise R
Seller's Agent
Glenn Jungen
Twiddy and Company - Corolla
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$379,900
Sold Price
$355,000
Premium/Discount to List
-$24,900
-6.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$266,250
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 1987
Bought by
Johnson Alfred B and Johnson Susan J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Matthew H Khouri Revocable Living Trust -- None Listed On Document
Matthew H Khouri Revocable Living Trust -- None Listed On Document
Khouri Matthew H $350,000 None Available
Khouri Michael A $355,000 Attorney
Johnson Alfred B $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khouri Matthew H $315,000
Previous Owner Khouri Michael A $266,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2016 02/12/16 Sold $355,000 -6.6% $210 / Sq Ft
01/07/2016 01/07/16 Pending -- -- --
12/27/2015 12/27/15 For Sale $379,900 -- $224 / 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 $3,251 $339,600 $175,000 $164,600
2024 $3,251 $339,600 $175,000 $164,600
2023 $3,235 $339,600 $175,000 $164,600
2022 $2,669 $326,500 $175,000 $151,500
2021 $2,654 $307,900 $170,000 $137,900
2020 $2,441 $307,900 $170,000 $137,900
2019 $2,441 $307,900 $170,000 $137,900
2018 $2,441 $307,900 $170,000 $137,900
2017 $2,267 $307,900 $170,000 $137,900
2016 $2,282 $307,900 $170,000 $137,900
2015 $2,282 $307,900 $170,000 $137,900
Source: Public Records

Agents Affiliated with this Home

  • Glenn Jungen

    Seller's Agent in 2016

    Glenn Jungen

    Twiddy and Company - Corolla

    (252) 457-1133

    1 in this area

    11 Total Sales

    Glenn Jungen
    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Jane J

    Twiddy and Company - Corolla

    1 in this area

    5 Total Sales

    Jane J
    Section Image
  • Jason Summerton

    Buyer's Agent in 2016

    Jason Summerton

    Twiddy and Company - Wash Woods

    (252) 202-0105

    17 in this area

    379 Total Sales

    Jason Summerton
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 90603

Outer Banks Association of REALTORS®

APN: 115A-000-0048-0007

North Carolina Currituck County Corolla 27927

993 Corolla Dr, Corolla, NC

Not Listed for Sale

Detached

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