Closing Price:
$910,000
1133 Gray Court, Corolla, NC 27927
5 bd
4 ba
2642 sq ft
MLS #: 119505
Status: Closed

Sold Details

Status: Closed
Sold Price: $895,000.00
Closing Date: 8/12/2022
Contract Date: 7/4/2022
Seller Concessions: Yes
Concession Comments: $10,000 closing cost credit
Total Days on Market:
Cumulative Days on Market: 5
Due Diligence Date: 8/8/2022

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 5
Cumulative Days On Market: 5
Listing Price: $910,000
Original Listing Price: $910,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 8/12/2022
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: 2642
Asking Price Per SqFt: $344.00
Heated Living Area Sq Ft: 2642
BedroomsTotal: 5
Bathrooms Full: 4
Bathrooms Partial: 1
Year Built: 2001
Garage: None
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Slab
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, Fiberglass, In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Central, Electric, Heat Pump
Room Type: Media Room
Flooring: Carpet, Ceramic Tile, Vinyl
Construction Materials: Frame, Wood Siding

Legal Description

Section: NA
County: Currituck
Subdivision: Corolla Light
Deed Book: 1552
Deed Book Page Number: 521
County Pin Number: 115B00000150000
Price Change: 8/11/2022
Block: NA
Road Surface: Paved, Private
Association Amenities: Clubhouse, Fitness Center, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Park, Sound Access

Lot Details

Lot Size Acres: 0.15
Lot Size Square Feet: 6612
Lot Features: Cul-De-Sac
Waterfront: More than 5th row
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $3,110.00
Home Oner Insurance Expense: 3700
Flood Zone: X
Water Source: Municipal
Yearly Water Expense: 1714
Other Yearly Expense: 662
Total Yearly Expense: 12166
Pool Or Spa Expense: 2516
Yearly Expense: Estimated
Yearly Elecric Expense: 2626
Contract Status Change Date: 8/12/2022
Estimated Annual Fee Amt: $3,329.00
Sewer: Shared Septic
Association Fee Includes: Electricity, Common Insurance, Management, Security, Tennis Courts
Other Expenses 2: 948
Association Fee Yes or No: Yes

Financials

Electroni Locks: Owned
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Outside Shower,Sun Deck,Dry Entry,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: Ben Stikeleather
Primary Residence: No
HOA Contact Info: 252.453.2455

Rental Income

Annual Rental Income: 49552
Rental Performance: 0.0554
Owner Renatl Income 2022 Amount: 48034
Avertised Income 2021 Amount: 49552
Owner Rental Income 2021 Amount: 44009
Avertised Income 2021 Amount: 45382

Listing Agent Remarks

This wonderful 5 BR, 4.5BA oceanside home in Corolla Light feels both secluded and close to the action: perched amongst lush native vegetation, yet just steps from the ocean! The top level is fully dedicated to gathering, with an open-concept kitchen, dining, and living space with plenty of room for your whole group to mingle with ease. The inviting living room is tastefully decorated with coastal touches, with soaring vaulted ceilings and windows throughout. In the kitchen, you'll find timeless granite countertops, stainless appliances, and plentiful storage, as well as a breakfast bar perfect for serving up snacks. The dining area is conveniently attached to the kitchen to make serving and cleanup a breeze. You'll also find a powder room on this level. On the mid-level, you'll find three spacious suites, two sharing a large bath, and one with an en-suite bath. The mid-level also offers expansive covered porches for shaded lounging. The ground floor offers a den/media room with wet bar, the perfect spot for playing board games, working on a puzzle, reading, or having a movie night. You'll also find two additional bedrooms on this level, including a bunk room with en-suite bath, as well as a guest suite with attached bath that is shared with the common area. Take a break from the beach with a quick rinse-off in your outdoor shower, followed by a dip in your private pool, or spend an evening under the stars in your spa. Not only are terrific Corolla attractions, shops, and restaurants just around the corner, you can also take advantage of fantastic community amenities such as indoor and outdoor pools and tennis courts, health club, playground, and much more! Come fall in love with this fantastic home and neighborhood today.

Directions

From 12-North: Turn right on Austin St., then turn right onto Villa Ct. Turn right on Gray Ct.

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 1133 Gray Court in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-489-9185. 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 1133 Gray Court 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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