Closing Price:
$699,000
$699,000
880 Corolla Drive,
Corolla, NC 27927
5 bd
4 ba
3042 sq ft
MLS #: 115326
Status: Closed
Sold Details
Status: Closed
Sold Price: $799,900.00
Closing Date: 10/25/2021
Contract Date: 7/27/2021
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 6
Due Diligence Date: 9/10/2021
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 6
Cumulative Days On Market: 6
Listing Price: $699,000
Original Listing Price: $699,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 10/25/2021
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 3042
Asking Price Per SqFt: $230.00
Heated Living Area Sq Ft: 3042
BedroomsTotal: 5
Bathrooms Full: 4
Year Built: 1996
Garage: 3 + Car,Carport
Architectural Style: Contemporary, Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Outdoor Pool, Private
Counter Tops: Silestone
Cooling: Central Air, Heat Pump
Interior Features: Beamed Ceilings, Cathedral Ceiling(s), Pantry
Heating: Heat Pump
Room Type: Breakfast Nook, Game Room
Flooring: Carpet, Ceramic Tile
Construction Materials: Frame, Wood Siding
Legal Description
Section: 11
County: Currituck
Subdivision: Whalehead Club
Deed Book: 1101
Deed Book Page Number: 866
County Pin Number: 115A00000630011
Price Change: 10/24/2021
Road Surface: Paved, Public
Association Amenities: Ocean Access
Lot Details
Lot Size Dimensions: 200x100x200x100
Lot Features: Level
Waterfront: More than 5th row
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2020
Annual Property Taxes: $3,947.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 10/25/2021
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply
Financials
Bill Of Sale Amoung: 1
Electroni Locks: Owned
Bank/Institution Owned: No
Exterior: Vinyl
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Landscaped,Outside Lighting,Outside Shower,Patio,Screened Porch,Smoke Detector(s),Storage Shed,Roof Top Deck
Fuel Tanks: None
HOA Contact Name: N/A
Primary Residence: No
Street Frontage : 100
HOA Contact Info: N/A
Rental Income
Annual Rental Income: 92100
Rental Performance: 0.1151
Owner Rental Income 2021 Amount: 68777
Avertised Income 2021 Amount: 68777
Listing Agent Remarks
Great location, terrific income producer (10% G.R.O.I) , and spacious floor plan! Easy walk or bike ride to the beach, shopping, restaurants, and entertainment! This beach retreat will not disappoint! Meticulously maintained and managed by the homeowner generating $68,775 Y.T.D. with potential to do even more! The sellers limit rentals from Mid June through Mid-September, open up the calendar and see rental income maximized! This 5 bedroom (2 are masters) 4 bath home features an open layout with a large great room, huge chef's kitchen, screen porch, loft area, multiple decks, peeks of ocean from the top deck, private pool with pergola, and large driveway making parking easy for multiple families. The top level features a spacious great room with wood beams and gas fireplace, a loft area perfect for reading or those who work on vacation, a modern kitchen with large eat-in bar that's great for entertaining, Silestone countertops, Travertine tile floors, smooth top range, eat-in bar for 6, and plenty of counter space. Also on the top level is a junior master suite that has a vaulted ceiling, and private access to a shared bath. Enjoy the screen porch that's just off the kitchen, and sun decks facing, east, south, and west. On the middle level there are 3 more bedrooms, including a master with a private bathroom and a private deck. There's also a shared full bath for bedrooms 3 and 4 and separate deck access. The mid level boasts covered decks with extra gathering spaces and a private hot tub. On the ground level is the 5th bedroom with bunkbeds, the laundry room, a full bathroom and a game room/workout area with a wet bar and full size refrigerator. The exterior offers a private pool with plenty of room to spread out and soak up the rays. If it gets too hot, no problem, sit under the pergula for a little extra shade. There's lots of room for beach toys, beach wagons, floats, fishing rods and more in the outdoor storage shed or under the house. The owners have thought everything to make this the perfect vacation home, second home or rental investment home! Upgrades- 2020: New roof and gutters, 2021: New weather stripping, new door installed on upper floor (in bedroom going to deck), sliding door serviced. 2019: New Bosch HVAC unit upstairs - 05/16/2019. Insurance: $3,423.00 (reduced after installing the fortified roof), see Declaration Pages in Associated Docs and Expenses.
Directions
Go E on Bonita St, take R on Corolla Dr, House on R.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 880 Corolla Drive 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
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properties consumers may be interested in purchasing. If this page disappears from this site it
means the property at 880 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
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