Closing Price:
$495,000
783 Kings Grant Drive, Corolla, NC 27927
7 bd
4 ba
2548 sq ft
MLS #: 101612
Status: Closed

Sold Details

Status: Closed
Sold Price: $472,500.00
Closing Date: 1/25/2019
Contract Date: 11/26/2018
Seller Concessions: Yes
Concession Comments: Seller Credit
Total Days on Market:
Cumulative Days on Market: 447

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 445
Cumulative Days On Market: 447
Listing Price: $495,000
Original Listing Price: $519,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 2/1/2019
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2548
Asking Price Per SqFt: $194.00
Heated Living Area Sq Ft: 2548
BedroomsTotal: 7
Bathrooms Full: 4
Year Built: 1998
Garage: Carport
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, Private
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Heat Pump
Room Type: Foyer, Game Room
Flooring: Carpet, Tile, Wood
Construction Materials: Frame, Wood Siding

Legal Description

County: Currituck
Subdivision: Crown Point
Deed Book: 1181
Deed Book Page Number: 205
County Pin Number: 116A00000650000
Price Change: 1/31/2019
Road Surface: Paved, Private
Association Amenities: Board Walk, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis

Lot Details

Total Assessed Value: 503200
Lot Features: Level
Waterfront: More than 5th row
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2017
Annual Property Taxes: $3,603.00
Home Oner Insurance Expense: 987
Flood Zone: AE
Flood Insurance Expense: 2654
Wind Insurance: 4532
Water Source: Municipal
Yearly Water Expense: 1831
Pool Or Spa Expense: 3000
Yearly Elecric Expense: 3185
Yearly Cable Tv Expense: 2965
Contract Status Change Date: 2/1/2019
Estimated Annual Fee Amt: $1,200.00
Sewer: Public Sewer
Association Fee Includes: Building Maintenance, Management, Pool, Tennis Courts, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Lap Siding,Wood
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Outside Lighting,Outside Shower,Patio,Smoke Detector(s),Sun Deck,Dry Entry,Inside Laundry Room
Primary Residence: No
Street Frontage : 60

Rental Income

Annual Rental Income: 53511
Rental Performance: 0.1133

Listing Agent Remarks

Beautiful Charming Home in the Heart of Corolla just steps from the beach! It's just the perfect rental home! One of the few homes that has 7 bedrooms in the neighborhood so it has great rental potential! The home will easily accommodate multiple families at a reasonable price. You'll enjoy a nice, spacious top floor living area with decks to enjoy the ocean view plus a top floor master. This home offers plenty of room to spread out with a mid-level den plus a lower level game room. You and your guests will love a dip in the pool when you need a little break from the beach and a relaxing soak in the hot tub. It really is the perfect location...just a very short walk to the beach...and with the smaller neighborhood, the beaches are not crowded like other areas. Plus you have all the shopping and dining you need within walking or biking distance! Timbuck II and the Food Lion Shopping Center are almost right next door with even a movie theater! With rental income over $50,000 this home is one you must see!

Directions

From Duck, north on 12, Turn right into Crown Point, just before Timbuck II Shopping Center, take first right, then left on Kings Grant, home is on left

Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 783 Kings Grant Drive in Corolla is provided courtesy of Howard Hanna Outer Banks Realty . Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 783 Kings Grant Drive in Corolla is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 OR 800-647-1868.
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