Listing Details For 1251 Atlantic Avenue in Corolla

Closing Price:
$2,199,999
1251 Atlantic Avenue, Corolla, NC 27927
10 bd
10 ba
4995 sq ft
MLS #: 103508
Status: Closed

Sold Details

Status: Closed
Sold Price: $2,128,250.00
Closing Date: 12/19/2019
Contract Date: 11/5/2019
Seller Concessions: Yes
Concession Comments: $49,500 towards buyer closing cost
Total Days on Market:
Cumulative Days on Market: 277
Due Diligence Date: 12/5/2019

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 277
Cumulative Days On Market: 277
Listing Price: $2,199,999
Original Listing Price: $2,350,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 12/19/2019
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4995
Asking Price Per SqFt: $440.00
Heated Living Area Sq Ft: 4995
BedroomsTotal: 10
Bathrooms Full: 10
Bathrooms Partial: 1
Year Built: 2012
Architectural Style: Reverse Floor Plan, Nags Head, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved, Reserved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Concrete, Custom, In Ground, Outdoor Pool, Private
Builder Name: Olin Finch
Counter Tops: Granite
Cooling: Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar
Heating: Electric, Heat Pump, Zoned
Room Type: Foyer, Game Room, Home Theater, Media Room, Pantry
Flooring: Carpet, Ceramic Tile, Engineered Wood, Hardwood
Construction Materials: Frame, Wood Siding

Legal Description

Section: 1
County: Currituck
Subdivision: Ocean Hill
Subdivision Name: Ocean Hill & Improvements
Deed Book: 13
Deed Book Page Number: E/43
County Pin Number: 114C00000390001
Price Change: 12/18/2019
Road Surface: Paved, Private
Association Amenities: Ocean Access

Lot Details

Total Assessed Value: 1614700
Lot Size Acres: 0.88
Lot Size Dimensions: 110x350
Lot Size Square Feet: 38500
Lot Features: Beach Frontage, Corner Lot, Cul-De-Sac, Level, Waterfront
Lot Faces: W
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2018
Annual Property Taxes: $8,828.00
Flood Zone: VE
Water Source: Municipal
Other Yearly Expense: 1068300
Contract Status Change Date: 12/19/2019
Estimated Annual Fee Amt: $290.00
Sewer: Septic Tank
Association Fee Includes: Management, Road Maintenance
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Shakes,Wood
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Elevator,Hot Tub,Landscaped,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck,Tiki Bar
Primary Residence: No
Street Frontage : 110

Rental Income

There is no rental income information available

Listing Agent Remarks

Exceptional oceanfront investment opportunity. Custom built in 2012 by Olin Finch with attention to every detail. 10 master suites with 2 on the top level. The entire home was professionally decorated. Large gourmet kitchen with double of every appliance! This home has every amenity you could possibly want with an elevator, theater room, cabana, over sized hot tub, game room with kitchenette and more! The large oceanfront deck offers exceptional views. Fantastic investment opportunity with strong rental history consistently at $260,000 per year. Ideal to enjoy family vacations. Please request financial information.

Directions

East onto Coral Lane, North onto Bismark, North on Atlantic. House is on the ocean past Adriatic.

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 1251 Atlantic Avenue in Corolla is provided courtesy of Brindley Beach Vacations-Duck C: 252-202-6165. 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 1251 Atlantic Avenue 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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