Closing Price:
$629,000
985 Cane Garden Bay Circle, Corolla, NC 27927
4 bd
3 ba
2336 sq ft
MLS #: 116977
Status: Closed

Sold Details

Status: Closed
Sold Price: $665,000.00
Closing Date: 1/14/2022
Off Market Date: 12/8/2021
Contract Date: 12/8/2021
Seller Concessions: Yes
Concession Comments: Seller credit $1,250
Total Days on Market:
Cumulative Days on Market: 3
Due Diligence Date: 1/7/2022

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 3
Cumulative Days On Market: 3
Listing Price: $629,000
Original Listing Price: $629,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 1/17/2022
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: 2336
Asking Price Per SqFt: $269.00
Heated Living Area Sq Ft: 2336
BedroomsTotal: 4
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 2012
Garage: 1 Car,Carport
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Paved
Foundation: Slab
Pool: Yes
Pool Type: Association
Pool Features: Association, Outdoor Pool
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Central
Flooring: Carpet, Tile, Vinyl, Laminate
Construction Materials: Frame, Wood Siding

Legal Description

County: Currituck
Subdivision: Corolla Bay
Deed Book: 1427
Deed Book Page Number: 638
County Pin Number: 115F00000090000
Price Change: 1/16/2022
Road Surface: Paved, Private

Lot Details

Waterfront: None
View: Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $2,455.00
Home Oner Insurance Expense: 2327
Flood Zone: X
Water Source: Municipal
Yearly Water Expense: 1380
Yearly Elecric Expense: 2400
Contract Status Change Date: 1/17/2022
Estimated Annual Fee Amt: $2,000.00
Sewer: Shared Septic
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Landscaped,Patio,Sun Deck
HOA Contact Name: Seaside Management
Primary Residence: No
HOA Contact Info: 252-261-1200

Rental Income

Annual Rental Income: 47173
Rental Performance: 0.0709
Owner Rental Income 2021 Amount: 42548
Avertised Income 2021 Amount: 47173

Listing Agent Remarks

Beautiful home in much desired Corolla Bay oceanside. New interior and exterior paint. No maintenance artificial turf lawn. New Heat pump with warranty. Fantastic sound views - room to add pool - 2 x 6 exterior wall studs and can ADD an ELEVATOR ready. Smart siding with 50 year warranty - Laminate flooring with 30 year warranty. Great Rental $46,000. Direct beach access from Herring St. on boardwalk - no thru traffic to deal with. The association offers a large swimming pool. Bonus this home has a hot tub, all furniture conveys and bright beach decor through out and high vaulted ceilings. This is the only Villa in Corolla Bay on the market - vacant - easy to show you will be pleasantly surprised when you see this home.

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 985 Cane Garden Bay Circle in Corolla is provided courtesy of Beach Realty & Construction- Corolla joanne@beachrealtync.com. 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 985 Cane Garden Bay Circle 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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