Closing Price:
$675,000
$675,000
1138 Franklyn Street,
Corolla, NC 27927
5 bd
5 ba
3150 sq ft
MLS #: 111264
Status: Closed
Sold Details
Status: Closed
Sold Price: $680,000.00
Closing Date: 11/25/2020
Contract Date: 10/3/2020
Seller Concessions: Yes
Concession Comments: Seller paid expenses $5000
Total Days on Market:
Cumulative Days on Market: 3
Due Diligence Date: 11/10/2020
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 3
Cumulative Days On Market: 3
Listing Price: $675,000
Original Listing Price: $675,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 11/29/2020
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: 3150
Asking Price Per SqFt: $214.00
Heated Living Area Sq Ft: 3150
BedroomsTotal: 5
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 1991
Garage: Carport
Architectural Style: Contemporary, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 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
Counter Tops: Granite,Laminate
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Electric, Heat Pump
Room Type: Game Room, Shipswatch
Flooring: Carpet, Ceramic Tile
Construction Materials: Frame, Wood Siding
Legal Description
Phase: 2D
County: Currituck
Subdivision: Corolla Light
Subdivision Name: Corolla Light Phase 2D
Deed Book: 493
Deed Book Page Number: 598
County Pin Number: 115B00001240000
Price Change: 11/28/2020
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: 2020
Annual Property Taxes: $3,804.00
Water Source: Municipal
Contract Status Change Date: 11/29/2020
Estimated Annual Fee Amt: $3,229.00
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: 1
Bank/Institution Owned: No
Exterior: Shakes,Wood
Extras: Ceiling Fan(s),Covered Decks,Hot Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Patio,Screened Porch,Smoke Detector(s),Sun Deck,Dry Entry
HOA Contact Name: Don Cheek
Primary Residence: No
HOA Contact Info: Don Cheek
Rental Income
Annual Rental Income: 54262
Rental Performance: 0.0798
Listing Agent Remarks
Located in the amenity rich oceanside community of Corolla Light, this 5-bedroom, 5.5 bath home has what your buyers want. Situated close to the beach access, this home boasts both ocean and Lighthouse views. The top-level reverse floor plan is spacious with lots of natural light from the abundance of windows and enjoys an open flow between the family room, dining area and kitchen. The cathedral ceilings and wainscotting combine to add a feeling of warmth and comfort to the design of this level. A stone fireplace flanked by ceiling to floor windows serves as a focal point in the great room and a Ships Watch provides a spot to enjoy intimate dining or a game of cards. The large kitchen with breakfast bar offers plenty of prep space for family dinners. A screened porch and sundeck offering ocean views provide additional options for entertaining or relaxing. The private en suite bedroom on this level features a private bathroom with double vanities and a large walk-in shower. Additional bedrooms are found on the mid level- two en suite guest rooms with spacious bathrooms complete with walk-in showers and double vanity sinks, and two duo bunk rooms that share a Jack ‘n Jill bathroom. Each bedroom and bathroom provide plenty of room to spread out. There is also a den area with a wet bar and flatscreen TV which offers a quiet spot to watch a special program or just visit. The laundry is conveniently located on this level. Guests love the mid level hot tub, as well as the additional ocean views from the covered deck. The ground level features a large game room complete with pool table and gaming table. Guests can also access the landscaped patio area designed for additional entertaining space. This property combines bonus space, roominess, and comfort resulting in a functional floor plan well suited for both vacation rentals and primary living. With the added award-winning community amenities of swimming, tennis, and more, this home can become the next lucky owners’ OBX dream home.
Directions
Ocean Trail north to right onto Austin Street, left onto Franklyn. Go past Payson St and Baldwin Ct. Proceed around the bend, property is ahead 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 1138 Franklyn Street in Corolla is provided
courtesy of Keller Williams - Outer Banks C: 252-207-6588. 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 1138 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
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