Closing Price:
$515,000
971 Cane Garden Bay Circle, Corolla, NC 27927
4 bd
3 ba
2294 sq ft
MLS #: 112543
Status: Closed

Sold Details

Status: Closed
Sold Price: $520,000.00
Closing Date: 3/2/2021
Contract Date: 1/26/2021
Seller Concessions: Yes
Concession Comments: $1,250.00
Total Days on Market:
Cumulative Days on Market: 4
Due Diligence Date: 2/24/2021

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 4
Cumulative Days On Market: 4
Listing Price: $515,000
Original Listing Price: $515,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 3/2/2021
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: 2294
Asking Price Per SqFt: $225.00
Heated Living Area Sq Ft: 2294
BedroomsTotal: 4
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 2012
Garage: 1 Car
Architectural Style: Coastal, Cottage
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, 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
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Central, Forced Air, Heat Pump
Flooring: Carpet, Ceramic Tile, Tile, Laminate
Construction Materials: Frame, Wood Siding

Legal Description

County: Currituck
Subdivision: Corolla Bay
Deed Book: 1227
Deed Book Page Number: 659
County Pin Number: 115F00000160000
Price Change: 3/1/2021
Road Surface: Private
Association Amenities: Common Area, Gated, Outdoor-Comm. Pool

Lot Details

Lot Features: Level
Waterfront: More than 5th row
View: Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2020
Annual Property Taxes: $2,292.00
Home Oner Insurance Expense: 1193
Flood Zone: X
Flood Insurance Expense: 0
Wind Insurance: 3418
Water Source: Municipal
Yearly Expense: Estimated
Contract Status Change Date: 3/2/2021
Estimated Annual Fee Amt: $2,550.00
Sewer: Shared Septic
Association Fee Includes: Electricity, Common Insurance, Maintenance Grounds, Management, Pool, Road Maintenance, Sewer/Septic
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,Fenced Yard,Garage Door Opener,Hot Tub,Landscaped,Outside Lighting,Outside Shower,Patio,Sun Deck,Dry Entry,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: Seaside Management
Primary Residence: No
HOA Contact Info: 252-261-1200

Rental Income

Annual Rental Income: 51620
Rental Performance: 0.0993

Listing Agent Remarks

NEVER RENTED, Rarely Used, IMMACULATE condition with SOUND VIEWS and many upgrades including fully enclosed GARAGE. Truly Turn Key with High end furnishings, this Easy to maintain LOW-MAINTENANCE property features top of the line finishes and ideal for retirement, second home use or investment property with rental income potential projected at over $51k rented on a weekly basis and $78k+ rented on a flex-stay nightly basis. EASILY ADD ELEVATOR to all 3 floors with existing stacked closet spaces. While a majority of the homes are rented seasonally, some homes are occupied by year round residents or frequented by 2nd home owners making it a nicely blended community. Although the homes are close together, architecture strategically places windows and entry doors on opposite walls of homes so COURTYARDS and DECKS remain PRIVATE! REIMAGINE the home’s courtyard and ADD LOVELY PATIOSCAPE with firepit or PRIVATE POOL! You’ll enjoy the convenience of Corolla’s oceanside location with NEARBY BEACH ACCESS and be sunning and funning in no time! Once you return from the beach, cool off in the outdoor shower and then slide into your Hot tub. Courtyard lawn with privacy fence allows for safe pet-keeping, privacy from street while dining/BBQing. Ground Floor: FULLY ENCLOSED GARAGE and Dry Entry plus One Bedroom, Full size bath, and Game Room/Den perfect for spreading out and entertaining! Middle Level: Spacious MASTER BEDROOM SUITE, large bath with dual vanity and glass-door shower. Two additional nicely sized bedrooms share a full bath on the hall and the convenience of the walk-in Laundry Room plus access to covered deck off landing. 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 large walk-in Pantry. Entertain in the large Dining area and relax in the Great Room offering access to your sun deck where you can even spy the kids over at the outdoor COMMUNITY POOL! 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! The Villas at Corolla Bay are a Great value with charming southern coastal architecture! Add this one to your showing list today! Virtual tour can be cut and paste to web browser: https://www.youtube.com/watch?v=sPRp0CCamMU

Directions

From Rt 12 North, turn right into Corolla Bay, first right into community and right past security gate. Home on right around corner.

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 971 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 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 971 Cane Garden Bay Circle 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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