Closing Price:
$1,299,900
531 Conch Crescent, Corolla, NC 27927
6 bd
5 ba
3480 sq ft
MLS #: 120504
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,100,000.00
Closing Date: 1/13/2023
Off Market Date: 11/15/2022
Contract Date: 12/5/2022
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 128
Due Diligence Date: 12/26/2022

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 128
Cumulative Days On Market: 128
Listing Price: $1,299,900
Original Listing Price: $1,299,900
Possession: Close Of Escrow
Short Sale: No
Price Date: 1/13/2023
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3480
Asking Price Per SqFt: $374.00
Heated Living Area Sq Ft: 3480
BedroomsTotal: 6
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 1997
Garage: Carport
Architectural Style: Contemporary, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Outdoor Pool, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Central, Heat Pump
Room Type: Game Room
Flooring: Carpet, Ceramic Tile, Laminate
Construction Materials: Frame, Wood Siding

Legal Description

Section: B
County: Currituck
Subdivision: Ocean Sands
Deed Book: 413
Deed Book Page Number: 390
County Pin Number: 126A0000114000B
Price Change: 1/12/2023
Block: 0
Road Surface: Paved
Association Amenities: Ocean Access

Lot Details

Lot Size Acres: 0.43
Lot Size Square Feet: 18700
Lot Features: Cul-De-Sac, Level
Waterfront: 4 - lots from oceanfront (5th row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $3,934.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 1/13/2023
Estimated Annual Fee Amt: $300.00
Sewer: Septic Tank
Association Fee Includes: Walkways
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Outside Lighting,Outside Shower,Screened Porch,Smoke Detector(s),Storage Shed,Sun Deck,Inside Laundry Room
Fuel Tanks: Owned
HOA Contact Name: N/A
Primary Residence: No
HOA Contact Info: N/A

Rental Income

Annual Rental Income: 96875
Rental Performance: 0.0881
Owner Renatl Income 2023 Amount: 50276
Avertised Income 2023 Amount: 58613
Owner Renatl Income 2022 Amount: 65834
Avertised Income 2021 Amount: 80870
Owner Rental Income 2021 Amount: 58639
Avertised Income 2021 Amount: 76134

Listing Agent Remarks

This 6 bedroom (4 are en-suites, sleeps 20) 5.5 bath coastal retreat is on a large homesite in the sought after section of Ocean Sands South! Located just 4 lots from the ocean on a private Cul De Sac; with an effortless walk to the direct beach access! Ocean Sands South is one of the most desired locations in all of Corolla with the less crowded beaches, no through traffic, no roads to cross to the ocean and the expansive homesites. This reverse floor plan sits in an X Flood Zone with no flood insurance required. The top floor offers a massive great room, freshly renovated kitchen, large dining area, a screen porch, a huge wrap around sun deck, and an EnSuite Bedroom with a private bath. The chef's kitchen boasts gleaming quartz countertops, brand new stainless steel appliances, and ceramic tile floors. Enjoy watching the kids play in the pool from the sun deck, or observe the famous outer banks sunset from the screen porch. The mid-level features, a gathering area, laundry, 4 more bedrooms, 2 of which share a Jack and Jill Bath, and 1 is a primary bedroom with a private bath. All 6 bedrooms have a private access to a deck. The ground level includes; a game room with a kitchenette, a gigantic bedroom, and a shared full bath. The sellers do not maximize rentals, but are generating $80k Y.T.D. Recent Upgrades Per Seller- include-New Fortified Roof April 2021, Winter/Spring 2022- New Tile Floors in Bathroom and Kitchen, New Carpet on Stairways, New Gas Grill, All New Mattresses, Additional 10 Cubic Refrigerator and new sleep sofa in Game Room, Some New Windows, and New HVAC for lower level. For aerial drone video copy and paste the following link: https://youtu.be/aF3A_rj0oKw ; For 3D Virtual Tour copy and paste the following link: https://unbranded.youriguide.com/531_conch_crescent_corolla_nc/

Directions

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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 531 Conch Crescent 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 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 531 Conch Crescent 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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