Closing Price:
$995,000
842 Corolla Drive, Corolla, NC 27927
6 bd
4 ba
2393 sq ft
MLS #: 122686
Status: Closed

Sold Details

Status: Closed
Sold Price: $995,000.00
Closing Date: 10/16/2023
Contract Date: 7/8/2023
Seller Concessions: Yes
Concession Comments: $15,000 credit for repairs.
Total Days on Market:
Cumulative Days on Market: 3
Due Diligence Date: 9/5/2023

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 3
Cumulative Days On Market: 3
Listing Price: $995,000
Original Listing Price: $995,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 7/5/2023
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Agency

Building Details

Primary Heated Living Area Sq Ft: 2393
Asking Price Per SqFt: $416.00
Heated Living Area Sq Ft: 2393
BedroomsTotal: 6
Bathrooms Full: 4
Year Built: 2001
Garage: Carport
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer, Wine Cooler
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, In Ground, Outdoor Pool, Private
Counter Tops: Laminate
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Wet Bar
Heating: Central, Heat Pump, Zoned
Room Type: Foyer, Game Room
Flooring: Tile, Vinyl Tile
Construction Materials: Frame, Wood Siding

Legal Description

Section: 13
County: Currituck
Subdivision: Whalehead Club
Subdivision Name: Whalehead Club
Deed Book: 1657
Deed Book Page Number: 457
County Pin Number: 115A00000690013
Price Change: 10/15/2023
Road Surface: Paved, Public
Association Amenities: Board Walk, Ocean Access

Lot Details

Lot Size Acres: 0.46
Lot Size Dimensions: 100x200
Lot Size Square Feet: 20000
Lot Features: Level
Lot Faces: E
Waterfront: More than 5th row
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $3,772.00
Home Oner Insurance Expense: 1696
Flood Zone: Shaded X
Flood Insurance Expense: 697
Wind Insurance: 3549
Water Source: Municipal
Yearly Water Expense: 1375
Pool Or Spa Expense: 4250
Yearly Expense: Actual
Yearly Elecric Expense: 3356
Yearly Cable Tv Expense: 1320
Contract Status Change Date: 10/16/2023
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Includes: Walkways
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Owned
Bank/Institution Owned: No
Exterior: Vinyl
Extras: Ceiling Fan(s),Covered Decks,Fenced Yard,Hot Tub,Jet Tub,Landscaped,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck,Dry Entry,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: WPOA
Primary Residence: No
Street Frontage : 100
HOA Contact Info: WPOA.ORG

Rental Income

Annual Rental Income: 102899
Rental Performance: 0.1034
Owner Renatl Income 2023 Amount: 99929

Listing Agent Remarks

Location, location, location! Just 3 lots away from the beach walkway! The south Whalehead location offers a very short walk or bike ride to shopping, entertainment, great dinning options and grocery stores! Golden Shores has been updated with new flooring, lighting, paint, furnishings and more.....see the list of updates. Fantastic investment opportunity with well established rents currently through Airbnb. Ground level game room opens to the private pool and grilling station. There are two bunk rooms on the first level that share a full bathroom. On the mid level is an open sitting room with wet bar and a 2nd fireplace. The 2nd ensuite is located on the mid level along with two bedrooms that share a full bathroom. On the top level you'll find the open great room decorated with modern, beach style. Plenty of room for everyone to spread out and enjoy meals or games. The primary bedroom is also on the top level. Sun decks on both sides of the home.

Directions

(none)

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 842 Corolla Drive in Corolla is provided courtesy of Brindley Beach Vacations-Duck C: 252-202-6165. 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 842 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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