Asking Price:
$999,000
770 Myrtle Court, Corolla, NC 27927
7 bd
6 ba
3020 sq ft
MLS #: 125844
Status: Pending

Listing Information

Area: Corolla Oceanside
Mls Status: Pending
Cumulative Days On Market: 155
Listing Price: $999,000
Original Listing Price: $1,050,000
Short Sale: No
Price Date: 8/2/2024
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3020
Total Living Area Sq Ft: 3020
Asking Price Per SqFt: $331.00
Heated Living Area Sq Ft: 3020
BedroomsTotal: 7
Bathrooms Full: 6
Bathrooms Partial: 1
Year Built: 2004
Garage: Carport
Architectural Style: Reverse Floor Plan, Coastal, Cottage
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Outdoor Pool, Private
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry
Heating: Central, Heat Pump
Flooring: Carpet, Tile
Construction Materials: Frame

Legal Description

Section: L
County: Currituck
Subdivision: Ocean Sands
Deed Book: 1408
Deed Book Page Number: 831
County Pin Number: 126A0000081000L
Price Change: 10/30/2024
Block: n/a
Road Surface: Paved, Private
Association Amenities: Ocean Access

Lot Details

Lot Features: Corner Lot, Cul-De-Sac, Level
Waterfront: More than 5th row
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2024
Annual Property Taxes: $5,472.00
Home Oner Insurance Expense: 2129
Flood Zone: X
Wind Insurance: 4840
Water Source: Municipal
Yearly Water Expense: 2520
Other Yearly Expense: 505
Pool Or Spa Expense: 5225
Yearly Elecric Expense: 3640
Yearly Cable Tv Expense: 745
Contract Status Change Date: 10/31/2024
Estimated Annual Fee Amt: $935.00
Sewer: Shared Septic
Association Fee Includes: Road Maintenance, Tennis Courts, Walkways
Other Expenses 2: 935
Association Fee Yes or No: Yes

Financials

Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Covered Decks,Hot Tub,Outside Shower,Dry Entry,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: Signature Touch
Primary Residence: No
HOA Contact Info: 252-441-8857

Rental Income

Annual Rental Income: 96451
Rental Performance: 0.0965
Owner Rental Income 2024 Amount: 67495
Avertised Income 2024 Amount: 70725
Avertised Income 2023 Amount: 96451
Avertised Income 2021 Amount: 104263

Listing Agent Remarks

Well maintained beach home on the oceanside in Corolla, located on a direct beach access, in a quaint cul-de-sac in the Ocean Sands community. This 7 bedroom 6.5 bath home features a 14x36 pool, hot tub, multiple living spaces and decks galore! Consistent proven rental income makes this turn-key home a fantastic rental investment opportunity, as well as a great place for your own family memories and vacations. Parrotdise grossed over $96,000 in rental income in 2023 and already has over $67,000 on the books for 2024! Walk down the street to the beach access and the wide uncrowded gorgeous beaches that make Corolla so special. The top floor of the home features open concept living and dining space, with cathedral ceilings adding to the openness, and windows and sliders that provide great natural light. The sliders open up onto the large deck that spans the front of the home. There's a half bath off of the main living space, as well as a spacious primary bedroom with king size bed and ensuite. It's like it's own private respite away from the rest of the bedrooms that are on the two levels below. The mid level features another living space, formal entry, THREE bedrooms WITH en suites and king beds, and plenty of covered porch to relax and enjoy the salt air under the cool cover of soft shade. No need to fight over who gets the good room on this floor, they're ALL GOOD! The ground level features a game room with pool table and big TV, plenty of seating and wet bar with mini fridge and microwave. PLUS 3 more bedrooms and two bathrooms. The sellers have been meticulous about upkeep, recent updates include NEW MATTRESSES in 2023, NEW UPPER DECKING in 2022, NEW CARPET in 2022, NEW ROOF in 2021, NEW COUNTERTOPS AND KITCHEN APPLIANCES in 2021, NEW HOT TUB in 2019 and TWO NEW HVAC UNITS in 2018. Fully furnished and decorated in a fitting coastal theme, Parrotdise has everything you want in an Outer Banks beach house and is a turn-key investment that is ALREADY generating income for its new owner.

Directions

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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 770 Myrtle Court in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-599-7250. 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 770 Myrtle Court 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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