Closing Price:
$429,000
778 Kings Grant Drive, Corolla, NC 27927
5 bd
4 ba
3214 sq ft
MLS #: 93517
Status: Closed

Sold Details

Status: Closed
Sold Price: $407,000.00
Closing Date: 6/15/2017
Contract Date: 4/22/2017
Seller Concessions: Yes
Total Days on Market:
Cumulative Days on Market: 702

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 702
Cumulative Days On Market: 702
Listing Price: $429,000
Original Listing Price: $479,900
Possession: Close Of Escrow
Short Sale: No
Price Date: 6/16/2017
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3214
Asking Price Per SqFt: $133.00
Heated Living Area Sq Ft: 3214
BedroomsTotal: 5
Bathrooms Full: 4
Bathrooms Partial: 1
Year Built: 1995
Garage: None
Architectural Style: Coastal, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Association
Pool Features: Association, In Ground
Screen Porch Size: Sun Room
Counter Tops: Laminate
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry, Walk-In Closet(s)
Heating: Heat Pump
Room Type: Game Room, Pantry, Sun/Florida Room
Flooring: Carpet, Ceramic Tile, Hardwood
Construction Materials: Frame

Legal Description

County: Currituck
Subdivision: Crown Point
Subdivision Name: Crown Point
Deed Book: 0518
Deed Book Page Number: 0079
County Pin Number: 116A00000760000
Price Change: 6/15/2017
Association Amenities: Board Walk, Common Area, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis

Lot Details

Total Assessed Value: 578000
Lot Features: Level
Lot Faces: N
Waterfront: 4 - lots from oceanfront (5th row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2016
Annual Property Taxes: $2,774.00
Flood Zone: AE
Water Source: Municipal
Yearly Water Expense: 1000
Other Yearly Expense: 275000
Yearly Expense: Estimated
Yearly Elecric Expense: 2000
Yearly Cable Tv Expense: 1800
Contract Status Change Date: 6/16/2017
Estimated Annual Fee Amt: $1,200.00
Sewer: Shared Septic
Association Fee Includes: Common Insurance, Pool, Tennis Courts, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Wood
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Hot Tub,Jet Tub,Landscaped,Outdoor Tennis,Outside Shower,Patio,Smoke Detector(s),Sun Deck
Primary Residence: No

Rental Income

Annual Rental Income: 36500
Rental Performance: 0.0897

Listing Agent Remarks

This home gets as much income as a similar home with a pool minus the expense! $42,340 for 2016....with no property management fees! This 5 or 6 bedroom home in Crown Point is an ABSOLUTE MUST SEE! It is located only 180' from the beach access and it is meticulously maintained. Game room could be used as a 6th bedroom (central septic), This home is well appointed for the needs of OBX visitors and offers over 1000 sq foot of decking. Top Level is large open, bright great room featuring a very large kitchen with updated appliances within last three years, large dinning area, separate gathering area for card playing, puzzles etc and living area with lots of natural light and gas fireplace. This level also includes a beautiful Sun Room. Mid Level offers laundry, owner's closet, Master with a King and large jacuzzi tub, queen master with jacuzzi tub, "Jack N Jill Combo" with a queen room and bunk room. From this level you can access the hot tub (new May 2011) and mid-level decking. Ground Level offers nice dry entry foyer, "Jack N Jill Combo" offering two twins and a game room. However, game room could be used as a 6th bedroom. Additional amenities include: bikes, community pool and tennis, multiple tv's, multiple VCR's and DVD players with large library of movies, books and games. Lots of beach chairs, deck furniture, hammock and swings....it is all here! This home has nothing for you to do but move in and start collecting rents.

Directions

North to Corolla turn right into Crown Point, Crown Point Rd. Follow to ocean front then make a right onto Kings Grant. House on Left 4th from Corner. Aqua Duck.

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 778 Kings Grant Drive in Corolla is provided courtesy of Beach Realty & Construction - Duck obx4sale@gmail.com. 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 778 Kings Grant 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 252-441-3416 OR 800-647-1868.
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