Closing Price:
$719,000
1040 Corolla Drive, Corolla, NC 27927
6 bd
5 ba
2830 sq ft
MLS #: 112349
Status: Closed

Sold Details

Status: Closed
Sold Price: $720,000.00
Closing Date: 3/10/2021
Contract Date: 1/21/2021
Seller Concessions: Yes
Concession Comments: Seller paid expenses $5000
Total Days on Market:
Cumulative Days on Market: 14
Due Diligence Date: 2/25/2021

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 14
Cumulative Days On Market: 14
Listing Price: $719,000
Original Listing Price: $719,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 3/10/2021
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: 2830
Asking Price Per SqFt: $254.00
Heated Living Area Sq Ft: 2830
BedroomsTotal: 6
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 2002
Garage: Carport
Architectural Style: Contemporary, 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: Private
Pool Features: In Ground, Private
Counter Tops: Laminate
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar
Heating: Heat Pump
Room Type: Breakfast Nook, Foyer, Game Room
Flooring: Carpet, Ceramic Tile, Vinyl Tile
Construction Materials: Frame, Wood Siding

Legal Description

Section: 5
County: Currituck
Subdivision: Whalehead Club
Deed Book: 1445
Deed Book Page Number: 214
County Pin Number: 115A00000700005
Price Change: 3/9/2021
Road Surface: Paved, Public
Association Amenities: Ocean Access

Lot Details

Lot Size Acres: 0.46
Lot Size Dimensions: 100x200
Lot Size Square Feet: 20000
Lot Features: Level, Wooded
Waterfront: More than 5th row
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2020
Annual Property Taxes: $3,625.00
Flood Zone: X
Water Source: Municipal
Yearly Water Expense: 1519
Pool Or Spa Expense: 3408
Yearly Expense: Actual
Yearly Elecric Expense: 2557
Yearly Cable Tv Expense: 1074
Contract Status Change Date: 3/10/2021
Estimated Annual Fee Amt: $45.00
Sewer: Septic Tank
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Ceiling Fan(s),Covered Decks,Hot Tub,Landscaped,Outside Lighting,Outside Shower,Screened Porch,Security System,Sun Deck,Tiki Bar,Dry Entry,Inside Laundry Room
HOA Contact Name: -
Primary Residence: No
HOA Contact Info: -

Rental Income

Annual Rental Income: 63340
Rental Performance: 0.088
Avertised Income 2021 Amount: 51239

Listing Agent Remarks

Well appointed and renovated vacation home located just 3 lots from direct beach access. This reverse floor plan home is designed for a comfortable, fun OBX vacation with 6 bedrooms/5.5 bathrooms, screened porch, multiple decks, game room, pool, hot tub and Tiki Bar. There’s even a volleyball court! All located on a spacious X Flood Zone (no flood insurance required) lot surrounded by a buffer of trees. The interior boasts a top level with spacious family room featuring cathedral ceilings, a gas fireplace, lots of natural light and attractive LVT plank style flooring; an adjacent dining area with access to the generous sun deck; kitchen with breakfast bar, ample cabinet and counter space, stainless steel suite of appliances and convenient pantry; a powder bath, and the first of the 3 en suite bedrooms. This King en suite bedroom has private deck access. The mid level of the home has two more en suite bedrooms, another guest bedroom, a full hall bath, and a bonus room with lovely French doors and access to the newly built screened porch. This space is currently used as a sleeping room but could easily become a den or office. The laundry room is also located on this level. The ground level features two more guest bedrooms, a full bath, and the game room with wet bar. Exterior amenities include the 12x30’ pool with generous deck space, the Tiki Bar and hot tub, as well as the volleyball court in the side yard or basketball hoop in the front of the property. Don’t forget the Sturgeon Street beach access is just a short walk away! Buyers will appreciate, both inside and out, that this vacation property has been well maintained with an eye toward relaxation and fun.

Directions

Ocean Trail north to left onto Shad, right onto Corolla Dr. 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 1040 Corolla Drive 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 1040 Corolla Drive 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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