Closing Price:
$329,000
627 Sand Fiddler Circle, Corolla, NC 27927
2 bd
2 ba
898 sq ft
MLS #: 120431
Status: Closed

Sold Details

Status: Closed
Sold Price: $329,000.00
Closing Date: 11/22/2022
Contract Date: 10/9/2022
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 12
Due Diligence Date: 11/7/2022

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 12
Cumulative Days On Market: 12
Listing Price: $329,000
Original Listing Price: $329,000
Short Sale: No
Price Date: 9/27/2022
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 898
Asking Price Per SqFt: $366.00
Heated Living Area Sq Ft: 898
BedroomsTotal: 2
Bathrooms Full: 2
Year Built: 1986
Sub Type: Condominium
Roof: Asphalt
Parking: Parking Lot, Paved, Reserved
Pool: No
Cooling: Central Air, Heat Pump
Heating: Central, Heat Pump
Flooring: Vinyl Tile

Legal Description

County: Currituck
Subdivision: Seaside Villas
Deed Book: 1370
Deed Book Page Number: 532
County Pin Number: 126D000001A0000
Price Change: 11/21/2022
Road Surface: Paved, Private
Association Amenities: Ocean Access, Outdoor-Comm. Tennis

Lot Details

Waterfront: None
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $1,858.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 11/22/2022
Estimated Annual Fee Amt: $3,795.00
Sewer: Public Sewer
Association Fee Includes: Building Maintenance, Common Insurance, Maintenance Grounds, Management, Road Maintenance, Security, Sewer/Septic, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Lap Siding
Extras: Beach Access,Boardwalk to Beach
HOA Contact Name: Greg Scott
Primary Residence: No
HOA Contact Info: 914-400-5869

Rental Income

Annual Rental Income: 48232
Rental Performance: 0.1466
Owner Rental Income 2021 Amount: 24880

Listing Agent Remarks

You cant get any closer to the beach in Corolla at this price! PLUS you have an affordable HOA that INCLUDES MOST ALL OF YOUR INSURANCE and EXTERIOR MAINTENANCE and maintains the boardwalk to the beach, community tennis, sewer/septic and more! Two bedrooms, two bathrooms, spacious kitchen, private laundry, private parking, covered porch and just STEPS TO THE BEACH in Corolla! This unit comes fully furnished (sofa and love seat are from Ambrose), all you need to do is move in and enjoy the wide uncrowded beaches of Corolla. New roof on the building in 2020! HVAC compressor AND air handler new in 2019! New washer, dryer and stove in 2020. In addition to enjoying it for personal use, the sellers rented the unit on their own, and grossed 25k in 2021 and 22k in 2022, and that income could be higher, as the sellers took time to use it themselves, and only rented thru sept in 2022. A rental projection from an airbnb/vrbo manager comes in at 48k gross, on the low end! This is a great opportunity to own an income-producing Outer Banks investment!

Directions

Turn into Section F in Ocean Sands. Make first left then immediate right. Building is on left, across from tennis courts. Walk up west side stairs. It is the first floor unit on the left.

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 627 Sand Fiddler Circle in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-599-7250. 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 627 Sand Fiddler 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.
For Immediate Service
252-441-3416 (Local OBX)
800-647-1868 (Toll Free)