Closing Price:
$729,000
957 Cane Garden Bay Circle, Corolla, NC 27927
4 bd
3 ba
2435 sq ft
MLS #: 124669
Status: Closed

Sold Details

Status: Closed
Sold Price: $709,000.00
Closing Date: 4/18/2024
Contract Date: 3/11/2024
Seller Concessions: Yes
Concession Comments: $2500 towards closing.
Total Days on Market:
Cumulative Days on Market: 25

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 25
Cumulative Days On Market: 25
Listing Price: $729,000
Original Listing Price: $729,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 4/24/2024
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: 2435
Total Living Area Sq Ft: 2435
Asking Price Per SqFt: $299.00
Heated Living Area Sq Ft: 2435
BedroomsTotal: 4
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 2013
Garage: Carport
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Disposal, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling, Slab
Pool: Yes
Pool Type: Association
Pool Features: Association, Outdoor Pool
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Central, Heat Pump
Room Type: Game Room
Flooring: Carpet, Hardwood, Tile, Vinyl Tile
Construction Materials: Frame, Wood Siding

Legal Description

Section: 3
County: Currituck
Subdivision: Corolla Bay
Subdivision Name: The Villas at Corolla Bay Section III
Deed Book: M
Deed Book Page Number: 116
County Pin Number: 115F00000230000
Price Change: 4/23/2024
Road Surface: Paved
Association Amenities: Common Area, Outdoor-Comm. Pool

Lot Details

Lot Features: Adj. To Common Area, Level, Zero Lot Line
Waterfront: More than 5th row
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $2,923.00
Home Oner Insurance Expense: 5008
Flood Zone: X
Flood Insurance Expense: 594
Water Source: Municipal
Yearly Water Expense: 240
Yearly Elecric Expense: 1503
Yearly Cable Tv Expense: 1041
Contract Status Change Date: 4/24/2024
Estimated Annual Fee Amt: $2,900.00
Sewer: Public Sewer
Septic Fee: 553
Association Fee Includes: Electricity, Common Insurance, Maintenance Grounds, Management, Pool, Road Maintenance, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: None
Bank/Institution Owned: No
Exterior: Lap Siding
Extras: Beach Access,Ceiling Fan(s),Fenced Yard,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Patio,Sun Deck,Dry Entry,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: Seaside Management
Primary Residence: No
HOA Contact Info: 252-261-1200

Rental Income

Annual Rental Income: 56182
Rental Performance: 0.0792

Listing Agent Remarks

High quality, excellent condition, modern, and very stylish Corolla Oceanside Second Home within the 'Villas at Corolla Bay' community. This well cared for property provides upscale coastal decor and furnishings, a very comfortable 4 bedroom, 3 1/2 bath, 2,435 sf design, with a bright open great room with ample window fenestration, recreation room, private courtyard, is fully furnished, and is clean, clean, clean! With excellent owner care of this home, it is 'turn key', is ready for immediate enjoyment, provides low maintenance ownership, and is easy to own, operate, and enjoy! Luxury Vinyl Plank, Luxury Vinyl Tile, and tile floors in all common areas and baths, hardwood interior stairs, granite kitchen counters, stainless steel appliances, electric fireplace with slate surround in great room, all high quality and attractive furniture pieces and artwork, ample Nags Head Hammocks polywood deck & patio furniture, and quality window treatments (2" faux would blinds & custom drapes). Attractively furnished model home quality interior, full electronic package with 6 TV's, fully stocked and super clean kitchen & kitchen cabinets with everything you need, ready to go. Carport dry entry, grassed & concrete patioed courtyard for pets, kids, and gathering, which can accommodate installation of a private pool if desired!, and outside shower. This home is built with planned elevator shaft, providing for easy future elevator installation if desired, current spaces used for 3 large closets on each level. The top floor provides comfortable sized open concept living area with cathedral ceilings, lots of light, including 4 elevated transom radius windows, open decking, kitchen, dining, half bath, large pantry / elevator closet. Mid level provides main en-suite bedroom, 2 bedrooms with high ceilings, a full hall bath with double vanity and extra shelving, dedicated laundry room, linen closet, and additional large closet. Ground floor provides carport with dry entry, comfortably sized rec room, 4th bedroom, full bath, 2 closets, and courtyard entrance. All this just a .4 mile, 10 minute walk to the Herring Street Beach access via pedestrian walkway (or multiple beach access parking options nearby), along with the Corolla Bay Villa's amenities of a community pool, volleyball, shuffleboard, playground, and sidewalks, with modern, well kept, and complementary surrounding properties within the community. Preferred, safe, X Flood zone location, and well designed stormwater engineered community. Nice mix of second homes, vacation rentals, and primary residences within the community. Lightly used second home, with no rental obligations are in place, availing the new owners of any ownership and property management option they wish. Consistent, high rental income histories among the Corolla Bay Villa homes, serving a nice niche in the rental market, with community rental histories and rental projections in the $50,000 - $55,000 range. Many updates to this home, including entire interior and exterior paint & all new carpet in 2020, new Nags Head Hammocks polywood deck & patio furniture, many interior furnishing pieces, beautiful custom Hickory dining table & chairs, and rec room retro refrigerator 2021-22, new decking boards and kitchen refrigerator in 2023, among others. This is a rare opportunity for a modern, high quality, great condition, affordable Oceanside home in Corolla, ready to go, with perfect timing for a new owners' Spring & Summer enjoyment and/or rental income. Take advantage of this opportunity today! Additional photos available: https://www.mylisting.cloud/sites/dowajxp/unbranded

Directions

North on Ocean Trail, East on Herring Street, South into The Villas at Corolla Bay on Cane Garden Bay Circle, on the South side of the community.

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 957 Cane Garden Bay Circle 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 957 Cane Garden Bay 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.
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