Closing Price:
$1,092,870
787 Broad Street, Corolla, NC 27927
8 bd
6 ba
4975 sq ft
MLS #: 123425
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,092,870.00
Closing Date: 11/20/2023
Contract Date: 9/17/2023
Seller Concessions: Yes
Concession Comments: $11,860 in buyer concessions
Total Days on Market:
Cumulative Days on Market: 3
Due Diligence Date: 10/27/2023

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 3
Cumulative Days On Market: 3
Listing Price: $1,092,870
Original Listing Price: $1,092,870
Possession: Close Of Escrow
Short Sale: No
Price Date: 9/14/2023
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4975
Asking Price Per SqFt: $220.00
Heated Living Area Sq Ft: 4975
BedroomsTotal: 8
Bathrooms Full: 6
Bathrooms Partial: 2
Year Built: 1998
Garage: 1 Car,Attached
Architectural Style: Contemporary, Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Disposal, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Stackable Washer/Dryer, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling, Slab
Pool: Yes
Pool Type: Association
Pool Features: Association, In Ground, Outdoor Pool
Builder Name: BD&A
Counter Tops: Granite,Solid Surface
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Cedar Closet(s), Pantry, Walk-In Closet(s)
Heating: Central, Heat Pump, Zoned
Room Type: Pantry
Flooring: Carpet, Tile, Wood
Construction Materials: Frame, Wood Siding

Legal Description

County: Currituck
Subdivision: BI-Buck Island
Subdivision Name: Charleston Place in Buck Island
Deed Book: 1596
Deed Book Page Number: 538
County Pin Number: 116C00000250000
Price Change: 11/19/2023
Road Surface: Paved, Private
Association Amenities: Board Walk, Common Area, Gated, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground

Lot Details

Lot Features: Level
Waterfront: None
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $5,215.00
Home Oner Insurance Expense: 5222
Flood Zone: X
Flood Insurance Expense: 540
Water Source: Municipal
Yearly Water Expense: 3221
Other Yearly Expense: 265
Pool Or Spa Expense: 2900
Yearly Expense: Estimated
Yearly Elecric Expense: 2859
Yearly Cable Tv Expense: 968
Contract Status Change Date: 11/20/2023
Estimated Annual Fee Amt: $6,955.00
Sewer: Public Sewer
Association Fee Includes: Electricity, Common Insurance, Maintenance Grounds, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
Other Expenses 2: 340
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Owned
Bank/Institution Owned: No
Exterior: Cement Fiber Board
HashTag of Units: 2
Extras: Ceiling Fan(s),Hot Tub,Jet Tub,Landscaped,Lawn Sprinklers,Outside Shower,Sun Deck,Dry Entry,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: Signature Touch Property Mgmt
Primary Residence: No
HOA Contact Info: (252) 441-8857

Rental Income

Annual Rental Income: 127312
Rental Performance: 0.1165

Listing Agent Remarks

Twice the Fun I & II is TWO HOMES IN ONE! 787 Broad Street is a luxury style duplex home located in the prestigious, gated, oceanfront community of Buck Island in Corolla, NC. Set up like a townhouse, each side of this duplex is a separate home, but they are connected on each of the 3 levels through expansive rear decks. Each side boasts 4 bedrooms (2 ensuite), 3.5 bathrooms, 1 outdoor shower, a 1 car garage and is roughly 2500 sq/ft which gives you a total of 8 bedrooms (4 ensuite), 6 bathrooms, 2 powder rooms, 2 outdoor showers, 2 garages and a whopping 5000 sq/ft living space. Situated in an ideal location, where just a 5-minute walk takes you to the beautiful Corolla beaches, as well as shopping, dining, and entertainment. You and your family can enjoy the utmost in convenience, leisure, and accommodation opportunities. The current owners frequently use the home as a second home to host their family and friends, as well as a lucrative short-term rental in which they self-manage. This home (x2!) is being sold fully furnished, has beautiful landscaping and a well-designed floor plan. It’s been updated and fully maintained (with updates and maintenance totaling around $100K within the last 2 years) and offers the perfect blend of modern luxury and coastal charm. A few of the updates and maintenance items include; two new 6-person hot tubs (2023), LVP flooring in both kitchens (2023), extensive siding replacement (2023), 10 x Samsung Smart TVs installed, regularly serviced HVAC systems, bamboo flooring, newer carpet, and modern tile flooring throughout, granite counters in both kitchens and in all bathrooms and all stainless-steel appliances. Buck Island is a beautiful resort style community located on the northern stretch of the Outer Banks in Corolla, NC. Buck Island amenities include an Olympic sized swimming pool, tennis courts, half-court basketball, playground, and beach parking and cabana restrooms for owners and guests. Buck Island also provides the exterior landscaping for this home as well home to curb trash and recycling services. Schedule your personal tour today! To view the 3D tour, copy and paste the following link into your browser; https://unbranded.youriguide.com/787_broad_st_corolla_nc/

Directions

From Hwy 12 North, head east on Orions Way. Once through the entry gate, take a left on Broad Street. The house is the second house on the right.

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 787 Broad Street in Corolla is provided courtesy of Outer Banks Realty Group . 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 787 Broad Street 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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