Closing Price:
$1,299,000
$1,299,000
1012 Corolla Drive,
Corolla, NC 27927
7 bd
7 ba
2899 sq ft
MLS #: 125373
Status: Closed
Sold Details
Status: Closed
Sold Price: $1,275,000.00
Closing Date: 6/6/2024
Contract Date: 4/27/2024
Seller Concessions: Yes
Concession Comments: DD repairs and $4100 credit
Total Days on Market:
Cumulative Days on Market: 9
Due Diligence Date: 5/27/2024
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 9
Cumulative Days On Market: 9
Listing Price: $1,299,000
Original Listing Price: $1,299,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 6/10/2024
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: 2899
Total Living Area Sq Ft: 2899
Asking Price Per SqFt: $448.00
Heated Living Area Sq Ft: 2899
BedroomsTotal: 7
Bathrooms Full: 7
Year Built: 1985
Architectural Style: Reverse Floor Plan, Coastal, Cottage
Sub Type: Single Family Residence
Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, 2nd Refrigerator
Roof: Asphalt
Parking: Paved, Off Street
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: Outdoor Pool, In Ground, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Heating: Electric, Heat Pump
Flooring: Carpet, Tile
Construction Materials: Frame
Legal Description
Section: 6
County: Currituck
Subdivision: Whalehead Club
Deed Book: 1719
Deed Book Page Number: 810
County Pin Number: 115A00000670006
Price Change: 6/9/2024
Road Surface: Paved, Public
Association Amenities: Ocean Access
Lot Details
Lot Size Acres: 0.46
Lot Size Dimensions: 100 x 200
Lot Size Square Feet: 20038
Lot Features: Level
Lot Faces: E
Waterfront: More than 5th row
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2023
Annual Property Taxes: $919.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 6/10/2024
Estimated Annual Fee Amt: $60.00
Sewer: Septic Tank
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply
Financials
Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Wood
Extras: Ceiling Fan(s)
Fuel Tanks: None
HOA Contact Name: Whalehead Prop. Owners Assoc.
Primary Residence: No
HOA Contact Info: Membership@WPOA.org
Rental Income
Annual Rental Income: 167000
Rental Performance: 0.131
Listing Agent Remarks
This magnificent beach home has a unique story to tell. Originally situated as a semi-oceanfront property in the Whalehead community, the visionary owners saw its potential and embarked on a journey to elevate it even further. With meticulous planning and dedication, they relocated the house to its current position, ensuring it stands as a beacon of coastal elegance. This stunning seven-bedroom, seven-bathroom retreat has undergone a complete remodel, ensuring every detail is tailored to perfection. On the exterior there is new siding, windows, doors, roof, decks, and a ground-level pool, inviting you to relax and unwind just steps from the ocean. Inside, the transformation continues with new flooring, a revamped kitchen boasting new appliances, and a game room complete with a wet bar for endless entertainment. The decor and furnishings were completed by Sanctuary Design & Co. ensuring that the interiors exudes elegance, with every corner reflecting magazine-worthy style. Perfectly poised as a highly sought-after rental property boasting rental projections of $167,000, the new owners can reap the benefits of a turnkey investment from day one, making this seaside retreat a true gem in the heart of Corolla. Enjoy glimpses of the ocean from the newly renovated decks, perfect for soaking in the coastal breeze. Outdoor entertainment options abound with a volleyball court, horseshoe pit, and lush landscaping creating a private oasis. With its prime location, this home promises great rental income potential and endless joy for its lucky new owners. Centrally located near shops, restaurants, and local attractions, it’s the perfect blend of luxury, convenience, and coastal charm. Taxes are for the lot only.
Directions
From Rte 12, turn east on Herring St, turn left onto Corolla Dr, continue to 1012 Corolla Dr.Official MLS Disclaimer
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Program of the Outer Banks Association of REALTORS. This property located at 1012 Corolla Drive in Corolla is provided
courtesy of Keller Williams - Outer Banks C: 252-202-3357. Information is believed to be accurate but is not
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properties consumers may be interested in purchasing. If this page disappears from this site it
means the property at 1012 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
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