Closing Price:
$690,000
1136 Franklyn Street, Corolla, NC 27927
5 bd
3 ba
2782 sq ft
MLS #: 108726
Status: Closed

Sold Details

Status: Closed
Sold Price: $670,000.00
Closing Date: 8/31/2020
Contract Date: 6/25/2020
Seller Concessions: Yes
Concession Comments: $5,050 Seller credit Buyer Expenses
Total Days on Market:
Cumulative Days on Market: 104
Due Diligence Date: 8/4/2020

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 104
Cumulative Days On Market: 104
Listing Price: $690,000
Original Listing Price: $703,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 9/1/2020
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: 2782
Asking Price Per SqFt: $248.00
Heated Living Area Sq Ft: 2782
BedroomsTotal: 5
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 1987
Garage: Carport
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, Gunite, Heated, In Ground, Outdoor Pool, Private
Builder Name: North Beach Builders
Counter Tops: Other,Solid Surface
Cooling: Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Electric, Heat Pump, Zoned
Room Type: Shipswatch
Flooring: Carpet, Tile, Vinyl Tile
Construction Materials: Frame, Wood Siding

Legal Description

Phase: 2D
County: Currituck
Subdivision: Corolla Light
Subdivision Name: Corolla Light
Deed Book: 310
Deed Book Page Number: 570
County Pin Number: 115B00001250000
Price Change: 9/2/2020
Road Surface: Paved, Private
Association Amenities: Clubhouse, Common Area, Fitness Center, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Racquetball, Sound Access

Lot Details

Lot Features: Level
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $3,667.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 9/3/2020
Estimated Annual Fee Amt: $3,329.00
Sewer: Shared Septic
Association Fee Includes: Electricity, Common Insurance, Maintenance Grounds, Management, Road Maintenance, Security, Tennis Courts, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 0
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Ceiling Fan(s),Covered Decks,Hot Tub,Landscaped,Outside Lighting,Outside Shower,Screened Porch,Smoke Detector(s),Sun Deck,Dry Entry
Fuel Tanks: None
HOA Contact Name: Don Cheek
Primary Residence: No
HOA Contact Info: Don Cheek

Rental Income

Annual Rental Income: 77000
Rental Performance: 0.1149

Listing Agent Remarks

NEW! RAHoy will be installing (2) Air Scrubber Whole House Air Purifiers by Aerus - one for each HVAC system. Information on the Air Scrubber includes the following: “It uses ActivePure Technology and attaches directly to the HVAC system ductwork to remove VOC’s, contaminants, allergens, VIRUSES, dander, odors, dust, resulting a cleaner, healthier and more efficient home. Stop your semi-oceanfront searches now! This home has what you want from the updated kitchen, outstanding views of the ocean, a private gunnite pool, to being a well kept and loved home. The kitchen was remodeled in May of 2018 with all new cabinets, quartz counter tops & most appliances are new as well. New, and good looking, contrasting LTV flooring flows from the kitchen into the dining area and is so comfortable underfoot. March 2018 new mid level ext. heat pump installed. March '17 new carpet installed throughout and new deck railings on both levels were replaced; in 2016 the bathrooms' flooring were replaced; and there have also been 10 windows replaced Original owner has an incredible rental following which has made this home a consistent winner. The entire top level is dedicated to living and the great room, loft and sun room ensure plenty of room for all. All five bedrooms are on the mid level, including 2 masters. and 3 bedrooms have deck access. The private, gunnite pool (salt treated & heater) is a great area and is quiet and peaceful. See and you will appreciate! Corolla Light is an ocean to sound resort community that has the best amenities package on the northern beaches. An Indoor sports center with 2 tennis courts, 8 lane competition pool, hot tub, racquetball, work out room and exercise area. There are 3 oceanfront pools and kiddie pool, sound side pool, nature trails, 9 outdoor tennis courts, trolley system and recreation program in the summer are all available to owner and their guests.

Directions

N on Rt 12 to main Corolla Light entrance. Turn left at Franklyn St and follow all the way around to 1136. Home will be 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 1136 Franklyn Street in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-202-2173. 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 1136 Franklyn Street 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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