Closing Price:
$2,050,000
111 Cadwall Road, Corolla, NC 27297
8 bd
8 ba
5699 sq ft
MLS #: 108715
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,900,000.00
Closing Date: 7/6/2020
Contract Date: 5/25/2020
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 74

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 74
Cumulative Days On Market: 74
Listing Price: $2,050,000
Original Listing Price: $2,050,000
Short Sale: No
Price Date: 7/6/2020
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 5699
Asking Price Per SqFt: $360.00
Heated Living Area Sq Ft: 5699
BedroomsTotal: 8
Bathrooms Full: 8
Bathrooms Partial: 2
Year Built: 2000
Architectural Style: Contemporary, Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dryer, Dishwasher, Microwave, Refrigerator, Washer, Wall Oven
Roof: Asphalt
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, Heated, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s)
Heating: Heat Pump, Zoned
Room Type: Foyer, Game Room
Flooring: Carpet
Construction Materials: Frame

Legal Description

County: Currituck
Subdivision: Pine Island Pud
Deed Book: 1124
Deed Book Page Number: 718
County Pin Number: 127C00002670000
Price Change: 7/5/2020
Road Surface: Paved
Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis

Lot Details

Lot Size Acres: 0.51
Lot Size Square Feet: 22215
Lot Features: Beach Frontage
Waterfront: Ocean Front
View: Ocean, Park/Greenbelt, Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2018
Annual Property Taxes: $10,458.00
Home Oner Insurance Expense: 16000
Flood Zone: VE
Water Source: Municipal
Yearly Water Expense: 1700
Pool Or Spa Expense: 3800
Yearly Expense: Estimated
Yearly Elecric Expense: 6500
Yearly Telephone Expense: 800
Yearly Cable Tv Expense: 1500
Contract Status Change Date: 7/6/2020
Estimated Annual Fee Amt: $3,000.00
Sewer: Shared Septic
Septic Fee: 540
Maintenance Expense: 6000
Association Fee Includes: Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Listing Restrictions: Variable Rate Comp
Exterior: Cement Fiber Board,Shakes
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Elevator,Hot Tub,Landscaped,Outside Lighting,Sun Deck
HOA Contact Name: Seaside Management
Primary Residence: No
HOA Contact Info: 252-261-1200

Rental Income

Annual Rental Income: 212985
Rental Performance: 0.1121

Listing Agent Remarks

Once you step into this 8 bedroom home you will see first and foremost it is all about the views...and then more! The construction of the top floor has made this home one with stunning 360 degree views of the sound with the wildlife preserve area as a backdrop to the west and the ocean to the east. The beach is one of the most private in Corolla, giving this home another reason to maintain its top rental performance. The home has many areas to lounge and space to spread out. The top floor is open with plenty of seating, including an office nook and 2 dining areas. The kitchen has plenty of storage, granite countertops and a bar for additional seating. The second floor provides an additional living area with TV. The game room on the 1st floor includes a wet bar, refrigerator, TV and pool table, all spaces for large families to appreciate. Other features include an elevator, heated pool, hot tub, and fireplace. Top Renter! New roof in 2018

Directions

Rt 12 North. Make a right onto Cadwall Rd. Home is on the right.

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 111 Cadwall Road in Corolla is provided courtesy of Outer Banks Blue Realty Srvcs. . 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 111 Cadwall Road 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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