Closing Price:
$435,000
$435,000
935 Cane Garden Bay Circle,
Corolla, NC 27927
4 bd
3 ba
2248 sq ft
MLS #: 102477
Status: Closed
Sold Details
Status: Closed
Sold Price: $423,750.00
Closing Date: 1/25/2019
Contract Date: 12/2/2018
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 43
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 42
Cumulative Days On Market: 43
Listing Price: $435,000
Original Listing Price: $435,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 1/28/2019
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 2248
Asking Price Per SqFt: $194.00
Heated Living Area Sq Ft: 2248
BedroomsTotal: 4
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 2016
Garage: 1 Car,Attached
Garage Sq Ft: 477
Architectural Style: Coastal, 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, Paved
Foundation: Piling
Pool: Yes
Pool Type: Association
Pool Features: Association, In Ground, Outdoor Pool
Builder Name: BD & A Construction
Counter Tops: Granite,Solid Surface
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s)
Heating: Central, Electric, Heat Pump, Zoned
Room Type: Game Room
Flooring: Carpet, Tile, Vinyl, Laminate, Wood
Construction Materials: Frame
Legal Description
County: Currituck
Subdivision: Corolla Bay
Subdivision Name: Corolla Bay Sec III
Deed Book: 1385
Deed Book Page Number: 170
County Pin Number: 115F00000340000
Price Change: 1/27/2019
Road Surface: Paved, Private
Association Amenities: Common Area, Ocean Access, Outdoor-Comm. Pool, Sound Access
Lot Details
Lot Features: Adj. To Common Area, Level, Zero Lot Line
Waterfront: None
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2018
Annual Property Taxes: $2,340.00
Flood Zone: X
Flood Insurance Expense: 499
Water Source: Municipal
Yearly Water Expense: 1200
Yearly Cable Tv Expense: 2400
Contract Status Change Date: 1/28/2019
Estimated Annual Fee Amt: $2,800.00
Sewer: Shared Septic
Association Fee Includes: Electricity, Common Insurance, Pool, Road Maintenance, Walkways
Association Fee Yes or No: Yes
Financials
Bill Of Sale Amoung: 1
Electroni Locks: None
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Elevator,Fenced Yard,Garage Door Opener,Hot Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Patio,Smoke Detector(s),Sun Deck,Dry Entry
Fuel Tanks: None
HOA Contact Name: Art Merwick
Primary Residence: Yes
Rental Income
Annual Rental Income: 44520
Rental Performance: 0.1051
Listing Agent Remarks
A newly built home in immaculate condition comes with peace of mind and 4 & 10 YEAR transferable WARRANTIES! Never rented, gently used, and easy to maintain making it ideal for retirement, second home use or investment property. The owners have added an ELEVATOR making it a breeze to transfer groceries and luggage to any floor you need while offering handicap accessibility which is a huge plus for rental income. Speaking of rentals, Estimated Rental Income $44,520 that is a 10+% ROI and neighboring like-style homes in the Villas at Corolla Bay rent amazingly well with advertised income over $43k in 2018. While a majority of the homes are rented seasonally, many homes are lived in by year-round primary residents or frequented by second-homeowners making it a nicely blended community! This home is closer to the beach access than many others meaning you'll be sunning and funning in no time and once you return from the beach, cool off in the outdoor shower and then slide into your top-of-the-line Jacuzzi Hot tub. The lovely manicured lawn with privacy fence allows for safe pet-keeping, privacy from street and dining/BBQing on the concrete patio. Ground Floor: Garage and Dry Entry are adjacent to the Elevator. Bedroom, Full size bath, and Game Room/Den with granite topped entertainment bar featuring mini fridge, microwave, Flat-screen TV, built-in cabinetry and small sink is nice to have close by when entertaining outside. Middle Level: There's plenty of space in the large Master Suite which accommodates a King bed and provides access to private deck plus a spacious bath with dual vanity and glass-door shower. Two additional nicely sized Queen bedrooms share a full bath on the hall and the convenience of the walk-in Laundry Room with newly added cabinet storage makes laundry a breeze. The Top Floor's gracious vaulted ceilings add openness to the main living space and the Kitchen lends nice finishes including granite countertops, stainless steel appliances, gleaming cabinetry and was recently updated with attractive stainless steel hood vent. Entertain in the large Dining area and relax in the Great Room offering access to your private tree-lined sun deck. A half bath is conveniently located on this floor and you'll stay cozy while appreciating the ambience the electric fireplace adds. The Villas at Corolla Bay surround the large community pool and recreation center that provides guests a bath house, half court basketball, shuffleboard, a volleyball court and a picnic area. Access to the Atlantic Ocean is just 1,200 feet away from the community parking! Seller Improvements since purchase: ELEVATOR, Carport enclosed as Garage, Garage door w/Electric door opener, attractive lattice, High-end/seamless honeycomb window treatments, New Hot Tub by Jacuzzi brand, Wall Cabinets in Laundry room, Upgraded Lighting Package, & New Stainless hood fan. HVAC is serviced annually & under warranty until 2021. The 4 & 10 year Home Warranty info can be reviewed here: http://www.eillu.com/warrantee/ Motivated Sellers!! Great value with elevator and garage! Add this one to your showing list today! Rental Projection $44,520. Aerial Tour: https://youtu.be/yFvcEIw3QhM
Directions
Rt 12 North, turn right onto Herring. Right onto Cane Garden Bay Circle. Turn left at gate, home 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 935 Cane Garden Bay Circle in Corolla is provided
courtesy of Coldwell Banker Seaside Realty - KDH C: 252-202-2375. Information is believed to be accurate but is not
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