Closing Price:
$899,000
806 Corolla Drive, Corolla, NC 27927
6 bd
4 ba
4032 sq ft
MLS #: 121328
Status: Closed

Sold Details

Status: Closed
Sold Price: $870,000.00
Closing Date: 5/11/2023
Contract Date: 4/13/2023
Seller Concessions: Yes
Concession Comments: $10k towards repairs
Total Days on Market:
Cumulative Days on Market: 70
Due Diligence Date: 5/8/2023

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 70
Cumulative Days On Market: 70
Listing Price: $899,000
Original Listing Price: $949,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 5/11/2023
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: 4032
Asking Price Per SqFt: $223.00
Heated Living Area Sq Ft: 4032
BedroomsTotal: 6
Bathrooms Full: 4
Bathrooms Partial: 1
Year Built: 1997
Architectural Style: Traditional
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Washer, Wall Oven
Roof: Asphalt
Parking: Paved
Foundation: Slab
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Outdoor Pool, Private
Counter Tops: Laminate
Cooling: Central Air
Interior Features: Pantry, Walk-In Closet(s)
Heating: Electric
Room Type: Game Room
Flooring: Carpet, Ceramic Tile
Construction Materials: Frame

Legal Description

County: Currituck
Subdivision: Whalehead Club
Deed Book: 1467
Deed Book Page Number: 895
County Pin Number: 115A00000640014
Price Change: 5/10/2023
Association Amenities: Ocean Access

Lot Details

Lot Features: Level
Waterfront: 4 - lots from oceanfront (5th row)
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $3,766.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 5/11/2023
Estimated Annual Fee Amt: $45.00
Sewer: Septic Tank
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Owned
Bank/Institution Owned: No
Exterior: Vinyl
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Fenced Yard,Hot Tub,Intercom,Lawn Sprinklers,Outside Lighting,Outside Shower,Sun Deck,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: https://wpoa.org/

Rental Income

Annual Rental Income: 111516
Rental Performance: 0.1282

Listing Agent Remarks

Spacious 6-bedroom traditional style home located in the desired Whalehead Club neighborhood of Corolla just minutes to the beach! This gently used second home has all of the amenities you or guests could want including a private pool with ample space for seating and lounging, a pergola, a covered area for shade, a hot tub, and a game room! The grassy area in the backyard is large enough for a volleyball court or other outdoor games! The outdoor space also has an outdoor shower, an additional bathroom, and more storage! The first level features a sizable den with a gas fireplace and a fully equipped kitchen with plenty of room to prepare a meal and entertain family or guests. There are two bedrooms on the first level, a full bath, a laundry room with extra storage, and a game room with a pool table, foosball table, large sectional couch and TV, and two owners' closets. The second level boasts a spacious primary bedroom with an ensuite bath, a large walk-in cedar closet, and a private sun porch. There are two additional bedrooms on the second level with a jack-and-jill bathroom. The room over the game room features 2 sets of bunk beds, plus an additional bed, and a full bathroom. You will love how spacious all of the rooms are in this house! While currently used as a second home, this property could be a rental machine with a projected rental income of up to $111,000 which is a 12% Gross Rental Return. This property has it all and is a perfect second home, investment property, or primary home! New HVAC in 2022.

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 806 Corolla Drive in Corolla is provided courtesy of Coldwell Banker Seaside Realty KH 252-599-6814. 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 806 Corolla Drive 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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