Closing Price:
$699,000
1071 Corolla Drive, Corolla, NC 27927
5 bd
3 ba
2021 sq ft
MLS #: 113581
Status: Closed

Sold Details

Status: Closed
Sold Price: $760,000.00
Closing Date: 5/20/2021
Contract Date: 4/3/2021
Seller Concessions: Yes
Concession Comments: $15000 CREDIT AT CLOSING TO BUYER FOR REPAIRS
Total Days on Market:
Cumulative Days on Market: 5
Due Diligence Date: 5/8/2021

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 4
Cumulative Days On Market: 5
Listing Price: $699,000
Original Listing Price: $699,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 5/22/2021
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2021
Asking Price Per SqFt: $346.00
Heated Living Area Sq Ft: 2021
BedroomsTotal: 5
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 1994
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved, Underground
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Outdoor Pool, Private
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Central, Heat Pump
Flooring: Carpet, Vinyl Tile

Legal Description

Section: 4
County: Currituck
Subdivision: Whalehead Club
Deed Book: 1477
Deed Book Page Number: 46
County Pin Number: 115A00000480004
Price Change: 5/21/2021
Road Surface: Paved, Public
Association Amenities: Ocean Access

Lot Details

Waterfront: 4 - lots from oceanfront (5th row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2020
Annual Property Taxes: $3,255.00
Home Oner Insurance Expense: 1048
Flood Zone: X
Flood Insurance Expense: 797
Water Source: Municipal
Yearly Water Expense: 850
Pool Or Spa Expense: 3700
Yearly Elecric Expense: 1700
Yearly Cable Tv Expense: 2400
Contract Status Change Date: 5/22/2021
Estimated Annual Fee Amt: $45.00
Sewer: Septic Tank
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

Financials

Bank/Institution Owned: No
Exterior: Shakes
Extras: Beach Access,Ceiling Fan(s),Hot Tub,Landscaped,Outside Shower,Smoke Detector(s)
Fuel Tanks: None
HOA Contact Name: -
Primary Residence: No
HOA Contact Info: -

Rental Income

Annual Rental Income: 55324
Rental Performance: 0.0728
Avertised Income 2021 Amount: 50396

Listing Agent Remarks

UPDATED and WELL APPOINTED home in Whalehead with direct and easy beach via the neighboring walkway at Tuna St. Complete with a private pool, OCEAN VIEWS, and tons of updates including NEW roof, NEW HVACs, NEW hot tub, NEW furniture, NEW paint and more! The home is a consistent rental producer with over $50K in rental income on the books for 2021. Reverse floorplan with main living area, kitchen, dining, half bath and master bedroom on the top level, and 4 more bedrooms and two full baths on the lower level. Enjoy spectacular views from the top deck and captains walk offering views of the Atlantic ocean, the Currituck Lighthouse, and the sound.

Directions

(none)

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 1071 Corolla Drive in Corolla is provided courtesy of Four Seasons Realty . 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 1071 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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