Closing Price:
$760,000
858 Corolla Drive, Corolla, NC 27927
6 bd
6 ba
3058 sq ft
MLS #: 114506
Status: Closed

Sold Details

Status: Closed
Sold Price: $812,000.00
Closing Date: 8/17/2021
Contract Date: 5/30/2021
Seller Concessions: Yes
Concession Comments: $1,900 closing costs
Total Days on Market:
Cumulative Days on Market: 8
Due Diligence Date: 7/16/2021

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 8
Cumulative Days On Market: 8
Listing Price: $760,000
Original Listing Price: $769,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 8/19/2021
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned 12 Months or less
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3058
Asking Price Per SqFt: $249.00
Heated Living Area Sq Ft: 3058
BedroomsTotal: 6
Bathrooms Full: 6
Year Built: 1995
Garage: Carport
Architectural Style: Reverse Floor Plan, Coastal, Cottage
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s)
Heating: Central, Electric, Forced Air, Heat Pump, Zoned
Room Type: Game Room
Flooring: Laminate
Construction Materials: Frame, Wood Siding

Legal Description

Section: 12
County: Currituck
Subdivision: Whalehead Club
Deed Book: 1553
Deed Book Page Number: 161
County Pin Number: 115A00000660012
Price Change: 8/18/2021
Road Surface: Paved, Public
Association Amenities: Board Walk

Lot Details

Lot Size Acres: 0.46
Lot Size Dimensions: 100 x 200
Lot Size Square Feet: 20000
Lot Features: Level
Lot Faces: East
Waterfront: None
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2020
Annual Property Taxes: $3,397.00
Home Oner Insurance Expense: 4692
Flood Zone: X
Flood Insurance Expense: 797
Other Insurance: 347
Water Source: Municipal
Yearly Water Expense: 2000
Yearly Elecric Expense: 3000
Yearly Cable Tv Expense: 564
Contract Status Change Date: 8/19/2021
Estimated Annual Fee Amt: $50.00
Sewer: Septic Tank
Association Fee Includes: Walkways
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Shakes,Wood
Extras: Beach Access,Ceiling Fan(s),Hot Tub,Landscaped,Outside Shower,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: N/A
Primary Residence: No
Street Frontage : 100
HOA Contact Info: N/A

Rental Income

Annual Rental Income: 79980
Rental Performance: 0.0985
Owner Rental Income 2021 Amount: 63138

Listing Agent Remarks

If you are looking for a perfect vacation home, or rental investment look no further. "At Rainbow's End" a newly-remodeled 6 bedroom, 6 full bath home in Corolla that offers plenty of room for multiple families to enjoy. This coastal cottage has a new fresh look with all new kitchen cabinets, stainless steel appliances, granite countertops, commercial grade luxury vinyl plank flooring in living area, & game room, painted, walls, ceilings, trim, new mattresses, new bedding, all new vanities, sinks, and bathroom/shower fixtures, vanity lights in all bathrooms, all new flat screen tv's, and a new roof. This home is beautifully decorated, remodeled, and meticulously maintained. Downstairs offers a large oversize private swimming pool, hot tub, and game room. This turn-key home truly has it all. This beach cottage is steps away with a private walk-way. Close to Ocean and conveniently located to shopping, grocery stores, golf and the historic Whalehead Hunt Club. Home is located in an X flood zone. No flood insurance is required. No HOA fees If you're looking for the perfect Rental Cottage, Look no Further. Great Opportunity.

Directions

Highway 12 to Corolla, pass the Food Lion, right on Dolphin Street, turn left on Corolla Drive, house is on the left. 858 Corolla Drive.

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 858 Corolla Drive in Corolla is provided courtesy of SAGA Realty and Construction . 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 858 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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