Closing Price:
$499,000
533 Ocean Trail, Corolla, NC 27927
5 bd
5 ba
3100 sq ft
MLS #: 102404
Status: Closed

Sold Details

Status: Closed
Sold Price: $488,000.00
Closing Date: 3/16/2020
Off Market Date: 6/25/2019
Contract Date: 12/31/2019
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 785
Due Diligence Date: 3/20/2020

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 784
Cumulative Days On Market: 785
Listing Price: $499,000
Original Listing Price: $529,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 3/16/2020
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3100
Asking Price Per SqFt: $161.00
Heated Living Area Sq Ft: 3100
BedroomsTotal: 5
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 2007
Garage: Carport
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, In Ground, Outdoor Pool, Private
Counter Tops: Laminate,Silestone
Cooling: Central Air, Heat Pump, Zoned
Heating: Electric, Heat Pump, Zoned
Room Type: Game Room
Flooring: Carpet, Ceramic Tile
Construction Materials: Frame, Modular (Pre-Fab)

Legal Description

Section: A
County: Currituck
Subdivision: Ocean Sands
Subdivision Name: Ocean Sands Section A
Deed Book: 1102
Deed Book Page Number: 712
County Pin Number: 126A0000055000A
Price Change: 3/15/2020
Block: NONE
Road Surface: Paved, Public
Association Amenities: Ocean Access

Lot Details

Total Assessed Value: 548400
Lot Size Acres: 0.51
Lot Size Dimensions: 112x200
Lot Size Square Feet: 22288
Lot Features: Level
Lot Faces: W
Waterfront: More than 5th row
View: Golf Course, Ocean, Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2017
Annual Property Taxes: $2,924.00
Flood Zone: X
Flood Insurance Expense: 740
Other Insurance: 5759
Other Expenses 3: 120
Water Source: Municipal
Yearly Water Expense: 1000
Other Yearly Expense: 170000
Pool Or Spa Expense: 1625
Yearly Expense: Estimated
Yearly Elecric Expense: 3300
Yearly Telephone Expense: 240
Yearly Cable Tv Expense: 1050
Contract Status Change Date: 3/16/2020
Estimated Annual Fee Amt: $100.00
Sewer: Septic Tank
Maintenance Expense: 1000
Other Expenses 2: 200
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Elevator,Handicap Friendly,Hot Tub,Outside Shower,Smoke Detector(s),Storage Shed,Sun Deck,Whirlpool/Spa,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: Ocean Sands South
Primary Residence: No
Street Frontage : 112

Rental Income

Annual Rental Income: 53210
Rental Performance: 0.109

Listing Agent Remarks

COMING SOON! NEW EXTERIOR PAINT-A LOVELY COASTAL BLUE PROFESSIONALLY DONE AND BRAND NEW ROOF 10/2019! WILL UPDATE PICTURES BY END OF WEEK! Welcome to Reel Retreat, a beautifully maintained Corolla beach home with Elevator, Pool, and Hot Tub on a half-acre lot in the preferred X flood zone, just minutes to the ocean in upscale Section A of Ocean Sands! This home features 5 bedrooms and 5.5 baths, 4 of which are master suites! The upper floor has a deck off the front and back of home for sunrise and sunset views; gorgeous trey ceilings in the great room with gas fireplace; a kitchen with a large bar area seating 5, an additional sink, and stainless steel appliances; a King master suite with deck access and Silestone counter tops, double sink, and tiled Whirlpool tub in bathroom; and a half bath for guests. The mid-level features 3 master suites (King, Queen, Duobunk) each with deck access and double sinks and Silestone counter tops and a laundry area! The ground floor features a game room with pool table, flat screen with seating area, a full size fridge, and two owner storage closets with access to patio leading to outdoor pool (with afternoon shade), large shower, and hot tub! The lower level also includes a Queen junior master suite with patio access. You will love the hand painted beach-themed murals throughout house! Improvements include BRAND NEW HOT TUB 2019, 2 new HVAC systems, water heater, stainless steel appliances, bedroom carpeting, an outdoor custom shed matching the home for additional storage, and circular driveway for easy ingress and egress! Check out the 12-16 ft very wide decks which feature Polywood Furniture! The Currituck Club Golf Course is to its west, allowing for some peak sound and golf course views across the street! Use the safe new sidewalks in Corolla to take a quick bike ride or leisurely walk to the beach access less than 1400 ft away or grocery located only 1 mile to the north.

Directions

Home located on east side of Rt 12 (Oceanside) north of Ocean Way and south of Seashell Lane in Section A of Ocean Sands.

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 533 Ocean Trail in Corolla is provided courtesy of Brindley Beach Vacations-Duck C: 252-489-9540. 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 533 Ocean Trail 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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