Closing Price:
$389,000
1017 Ocean Trail, Corolla, NC 27927
2 bd
2 ba
787 sq ft
MLS #: 114596
Status: Closed

Sold Details

Status: Closed
Sold Price: $410,000.00
Closing Date: 8/10/2021
Contract Date: 6/9/2021
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 26
Due Diligence Date: 6/30/2021

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 26
Cumulative Days On Market: 26
Listing Price: $389,000
Original Listing Price: $389,000
Possession: Subject To Tenant Rights
Short Sale: No
Price Date: 8/11/2021
Furnishing Available: Yes
Ownership: Owned 12 Months or less
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 787
Asking Price Per SqFt: $494.00
Heated Living Area Sq Ft: 787
BedroomsTotal: 2
Bathrooms Full: 2
Year Built: 2020
Architectural Style: Bungalow
Sub Type: Condominium
Appliances: Dryer, Dishwasher, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Parking Lot, Off Street, Paved
Foundation: Slab
Pool: Yes
Pool Type: Association
Pool Features: Association
Counter Tops: Granite
Cooling: Central Air
Interior Features: Pantry
Heating: Electric
Flooring: Carpet, Vinyl Tile
Construction Materials: Frame

Legal Description

County: Currituck
Subdivision: Beacon Quarters
Deed Book: 1549
Deed Book Page Number: 27
County Pin Number: 115J000005A0000
Price Change: 8/10/2021
Road Surface: Paved, Private
Association Amenities: Outdoor-Comm. Pool

Lot Details

Lot Features: Level, Zero Lot Line
Waterfront: More than 5th row
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2020
Annual Property Taxes: $1,200.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 8/11/2021
Estimated Annual Fee Amt: $5,856.00
Sewer: Public Sewer
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Listing Restrictions: 1031 Tax Deferred Exch.
Exterior: Cement Fiber Board
Extras: Ceiling Fan(s),Landscaped,Lawn Sprinklers,Patio,Screened Porch,Security System,Smoke Detector(s),Storage Shed
HOA Contact Name: Desiree Anderson
Primary Residence: No
HOA Contact Info: 252-500-0100

Rental Income

Annual Rental Income: 45000
Rental Performance: 0.1098
Owner Rental Income 2021 Amount: 40415
Avertised Income 2021 Amount: 53408

Listing Agent Remarks

Check out this Oceanside condo retreat built in 2020! 2 bedrooms, 2 full baths with community pool! Enjoy ground floor living with no stairs in an X flood zone! 11 foot ceilings, separate storage, quartz countertops, solid wood cabinets, tiled master shower, luxury vinyl flooring, and cement fiber siding! All new furnishings from Exotic Home and appliances convey! Home is booked solid for 2021 with over $53K in gross rental income! Prepaid one year subscription to Silicon Travel $129. Security equipment conveys which includes phone app controlled door lock, thermostat, and security system (alarm) and 3 years prepaid security service to convey managed by Johns Brothers Security and Alarm.com at a Cost of $2500! This won't last long, make your appointment today! HOA includes all insurances including contents, water, trash, sewer, maintenances and reserves, internet, and basic cable!

Directions

NC 12 East side of road, directly south of Brindley Beach Corolla building.

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 1017 Ocean Trail in Corolla is provided courtesy of Brindley Beach Vacations-Duck C: 252-489-9540. 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 1017 Ocean Trail 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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