Closing Price:
$2,195,000
$2,195,000
1133 Franklyn Street,
Corolla, NC 27927
7 bd
6 ba
5353 sq ft
MLS #: 113736
Status: Closed
Sold Details
Status: Closed
Sold Price: $2,140,000.00
Closing Date: 9/24/2021
Contract Date: 8/23/2021
Seller Concessions: Yes
Concession Comments: $30K credit for repairs and updates
Total Days on Market:
Cumulative Days on Market: 139
Due Diligence Date: 9/14/2021
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 139
Cumulative Days On Market: 139
Listing Price: $2,195,000
Original Listing Price: $2,295,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 9/26/2021
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: 5353
Asking Price Per SqFt: $410.00
Heated Living Area Sq Ft: 5353
BedroomsTotal: 7
Bathrooms Full: 6
Bathrooms Partial: 2
Year Built: 1997
Garage: 1 Car,Carport
Architectural Style: Reverse Floor Plan, Coastal, Cottage
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Washer, Wall Oven
Roof: Asphalt
Parking: Paved
Foundation: Slab
Pool: Yes
Pool Type: Association
Pool Features: Association
Builder Name: Pete Hunter
Counter Tops: Corian,Laminate
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Heat Pump
Room Type: Foyer, Game Room, Media Room, Sun/Florida Room, Shipswatch
Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
Construction Materials: Wood Siding
Legal Description
County: Currituck
Subdivision: Corolla Light
Subdivision Name: Corolla Light
Deed Book: 1362
Deed Book Page Number: 845
County Pin Number: 115B00001060000
Price Change: 9/25/2021
Road Surface: Paved, Private
Association Amenities: Clubhouse, Common Area, Gated, Fitness Center, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Park, Racquetball, Sound Access
Lot Details
Land Tax Value: 950000
Total Assessed Value: 1599000
Lot Size Acres: 0.19
Lot Size Square Feet: 8100
Lot Features: Beach Frontage, Level, Waterfront
Waterfront: Ocean Front
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2020
Annual Property Taxes: $8,884.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 9/26/2021
Estimated Annual Fee Amt: $3,329.00
Sewer: Public Sewer
Association Fee Includes: Electricity, Common Insurance, Pool, Road Maintenance, Security, Tennis Courts, Walkways
Association Fee Yes or No: Yes
Financials
Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
HashTag of Units: 0
Extras: Beach Access,Ceiling Fan(s),Elevator,Garage Door Opener,Hot Tub,Jet Tub,Landscaped,Outside Lighting,Outside Shower,Screened Porch,Smoke Detector(s),Sun Deck
HOA Contact Name: Don Cheek
Primary Residence: No
HOA Contact Info: 252-453-3550
Rental Income
There is no rental income information availableListing Agent Remarks
Fall in love with “Surf & Volley”, an amazing Corolla Light Resort Oceanfront property with 7 bedrooms, 6.5 baths, multiple expansive decks, breathtaking ocean & lighthouse views, over 5,300 square feet of sun filled living space, and STRONG rental income. The home was thoughtfully designed with multiple living areas to enjoy family and friends. Floor to ceiling windows in the great room, dining room, loft and master bedroom provide stunning ocean views. In addition to the plentiful decks, other areas include a sunroom, media room, rec room with pool table and wet bar, and a screened porch. An elevator makes moving in and out a breeze and the oceanfront hot tub is sure to please! Enjoy the outstanding amenities of Corolla Light Resort that make this property a true standout for renters. The ocean front complex is just a short stroll away with FOUR POOLS: two swimming pools, one heated training pool, and one baby pool. The Sports Center has an additional heated indoor 25 yard pool with three swimming lanes and heated spa. The community offers trolley service, an inside sports center with clay tennis courts, the second largest fitness center on the outer banks, racquetball, pickleball, basketball, locker rooms w/ showers & saunas. This home is booked solid through the high season, fall, and into December. Seller is offering a $20,000 credit towards a painting refresh as the robust rental schedule limits availability. Make an appointment today to experience this unique property for yourself. Invest in the oceanfront resort lifestyle and reap the benefits of sun filled vacations with family & friends as well as substantial rental income year round! $194K in Yearly Rents
Directions
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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 1133 Franklyn Street in Corolla is provided
courtesy of CENTURY 21 Nachman Realty C: 252-261-6400. Information is believed to be accurate but is not
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