Closing Price:
$949,000
$949,000
855 Corolla Drive,
Corolla, NC 27927
7 bd
5 ba
2984 sq ft
MLS #: 119011
Status: Closed
Sold Details
Status: Closed
Sold Price: $890,000.00
Closing Date: 9/6/2022
Contract Date: 7/8/2022
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 44
Due Diligence Date: 7/21/2022
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 44
Cumulative Days On Market: 44
Listing Price: $949,000
Original Listing Price: $999,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 9/7/2022
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: 2984
Asking Price Per SqFt: $318.00
Heated Living Area Sq Ft: 2984
BedroomsTotal: 7
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 2002
Garage: Carport
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, In Ground, Outdoor Pool, Private
Counter Tops: Laminate,Solid Surface
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Central, Heat Pump, Zoned
Room Type: Foyer, Game Room
Flooring: Carpet, Ceramic Tile, Engineered Wood, Vinyl
Construction Materials: Frame
Legal Description
Section: 12
County: Currituck
Subdivision: Whalehead Club
Deed Book: 756
Deed Book Page Number: 790
County Pin Number: 115A00000570012
Price Change: 9/6/2022
Road Surface: Paved, Public
Lot Details
Lot Size Acres: 0.46
Lot Size Dimensions: 100 X 200
Lot Size Square Feet: 20000
Lot Features: Level
Lot Faces: W
Waterfront: 4 - lots from oceanfront (5th row)
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2021
Annual Property Taxes: $4,057.00
Home Oner Insurance Expense: 2341
Flood Zone: X
Wind Insurance: 5107
Water Source: Municipal
Yearly Water Expense: 821
Pool Or Spa Expense: 3000
Yearly Expense: Actual
Yearly Elecric Expense: 3778
Yearly Cable Tv Expense: 2537
Contract Status Change Date: 9/7/2022
Estimated Annual Fee Amt: $45.00
Sewer: Septic Tank
Maintenance Expense: 1891
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply
Financials
Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Composite Siding
Extras: Ceiling Fan(s),Covered Decks,Hot Tub,Outside Shower,Sun Deck
HOA Contact Name: Bob Powers
Primary Residence: No
Street Frontage : 100
HOA Contact Info: 703.912.3753
Rental Income
Annual Rental Income: 92950
Rental Performance: 0.1044
Owner Renatl Income 2022 Amount: 53164
Avertised Income 2021 Amount: 61418
Owner Rental Income 2021 Amount: 42216
Avertised Income 2021 Amount: 51310
Listing Agent Remarks
Corolla 7 bedroom home…located in prime 5th row location! Well maintained by long term owners which features saltwater pool, newer hot tub and roof. Solid year after year rental income. Three living areas!...ground level/billiard room, first floor den with wet bar, ice maker, gas fireplace and top floor great room, kitchen, dining area, spacious sun deck and oceanside covered porch! Plenty of room to stretch out! Plus there’s three ensuites! The private saltwater pool and hot tub area is ideal for after the beach relaxing and drinks! Just 2 ½ blocks to Food Lion, Tim Buck Too shopping, restaurants and entertainment! 20,000 sq. ft. homesite and live oaks adds to your quiet enjoyment and privacy! $92,950 advertised income projection (with redecorations and improvements). It’s a Corolla Drive top value!
Directions
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