Closing Price:
$550,000
1115 Ocean Trail, Corolla, NC 27927
2 bd
2 ba
831 sq ft
MLS #: 125375
Status: Closed

Sold Details

Status: Closed
Sold Price: $550,000.00
Closing Date: 7/2/2024
Contract Date: 6/4/2024
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 47
Due Diligence Date: 6/25/2024

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 46
Cumulative Days On Market: 47
Listing Price: $550,000
Original Listing Price: $550,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 4/19/2024
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 831
Total Living Area Sq Ft: 831
Asking Price Per SqFt: $662.00
Heated Living Area Sq Ft: 831
BedroomsTotal: 2
Bathrooms Full: 2
Year Built: 2022
Architectural Style: Ranch
Sub Type: Condominium
Appliances: Disposal, Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, Stackable Washer/Dryer
Roof: Asphalt
Parking: Parking Lot, Paved, Reserved, Off Street
Foundation: Slab
Pool: Yes
Pool Type: Association
Pool Features: Outdoor Pool, In Ground, Concrete, Heated, Heated Salt, Association
Counter Tops: Marble
Cooling: Central Air, Heat Pump
Heating: Central, Forced Air, Heat Pump
Construction Materials: Frame, Wood Siding

Legal Description

County: Currituck
Subdivision: Beach Club at Whalehead
Subdivision Name: Beach Club At Whalehead
Deed Book: 1716
Deed Book Page Number: 226
County Pin Number: 114J000013A0000
Price Change: 7/2/2024
Road Surface: Private
Association Amenities: Clubhouse, Gated, Outdoor-Comm. Pool

Lot Details

Lot Size Acres: 0.02
Waterfront: More than 5th row
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $2,028.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 7/3/2024
Estimated Annual Fee Amt: $7,452.00
Sewer: Public Sewer
Association Fee Includes: Building Maintenance, Cable TV, Electricity, Common Insurance, Flood Insurance, Maintenance Grounds, Management, Pool, Road Maintenance, Security, Sewer/Septic, Water, Other-See Remarks, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Owned
Bank/Institution Owned: No
Extras: Beach Access,Cabana,Ceiling Fan(s),Covered Decks,Handicap Friendly,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Smoke Detector(s),Inside Laundry Room
Covered Deck Size: 10 x 4
Fuel Tanks: None
HOA Contact Name: Denise Beacham
Primary Residence: No
HOA Contact Info: 252-500-0100

Rental Income

Annual Rental Income: 65999
Rental Performance: 0.12
Owner Rental Income 2024 Amount: 65999

Listing Agent Remarks

Welcome to "Off The Hook" With just over $65,000 in rents for 2024 so far and 2024 plans of hitting $70k, this luxury fully equipped Condo is a cash cow! This stunning 2-bedroom condo offers the perfect Outer Banks getaway! Located within the secure, gated community of "The Beach Club at Whalehead" in Corolla, North Carolina, this condo is designed for maximum comfort and accessibility. Relax and unwind in style with two KING bedrooms, each featuring an en-suite bathroom for ultimate convenience. Enjoy the Double Oven, 65 inch Smart TV, and all of the other upgrades the owners have added to this home. This condo sleeps 6 and is ADA/kid/Grandparent friendly, ensuring a comfortable and enjoyable stay for guests of all abilities. Step outside onto your private covered porch and take in the breathtaking views of the iconic Currituck Beach Lighthouse. The gated community provides peace of mind, while the condo's location next to ADA friendly public beach access allows you to enjoy the Outer Banks' pristine shores with ease. Unmatched AMENITIES include a HUGE 30 x 50 Heated Saltwater Community Pool with Poolside Cabanas and Firepits, A clubhouse with Gym and Meeting space, Onsite outdoor pickleball court, Electric Vehicle Charging Station and an onsite Taco Bar which will be offering Cottage or poolside delivery when it opens next month. Don't forget to take fido to the onsite Dog Park. Whether you choose to live here or rent, this development has it all!

Directions

North on Rte 12. Oceanside just after Corolla Light Town Center.

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 1115 Ocean Trail in Corolla is provided courtesy of EXP Realty, LLC - Coastal . 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 1115 Ocean Trail 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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