Listing Details For 1216 Coral Lane in Corolla

Closing Price:
$418,600
1216 Coral Lane, Corolla, NC 27927-9719
5 bd
4 ba
2515 sq ft
MLS #: 104284
Status: Closed

Sold Details

Status: Closed
Sold Price: $400,000.00
Closing Date: 10/25/2019
Off Market Date: 9/20/2019
Contract Date: 9/20/2019
Seller Concessions: Yes
Concession Comments: $13,000 in seller credit for repairs.
Total Days on Market:
Cumulative Days on Market: 184

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 184
Cumulative Days On Market: 184
Listing Price: $418,600
Original Listing Price: $455,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 10/28/2019
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: 2515
Asking Price Per SqFt: $166.00
Heated Living Area Sq Ft: 2515
BedroomsTotal: 5
Bathrooms Full: 4
Bathrooms Partial: 1
Year Built: 1985
Architectural Style: Traditional
Sub Type: Single Family Residence
Appliances: Dishwasher, Refrigerator, Range/Oven
Roof: Asphalt
Parking: Paved
Foundation: Piling
Pool: No
Counter Tops: Laminate
Cooling: Central Air
Interior Features: Cathedral Ceiling(s), Pantry, Walk-In Closet(s)
Heating: Central
Room Type: Library
Flooring: Carpet, Vinyl, Laminate
Construction Materials: Frame

Legal Description

County: Currituck
Subdivision: Ocean Hill
Deed Book: 974
Deed Book Page Number: 498
County Pin Number: 114C00000050001
Price Change: 10/27/2019
Road Surface: Private
Association Amenities: Ocean Access

Lot Details

Lot Size Acres: 0.46
Lot Size Dimensions: 200 x 100
Lot Size Square Feet: 20000
Lot Features: Wooded
Lot Faces: .46
Waterfront: More than 5th row
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2018
Annual Property Taxes: $2,642.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 10/28/2019
Estimated Annual Fee Amt: $290.00
Sewer: Septic Tank
Association Fee Includes: Road Maintenance, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Lap Siding
Extras: Covered Decks,Hot Tub,Patio,Smoke Detector(s),Storage Shed,Sun Deck,Inside Laundry Room
Primary Residence: Yes

Rental Income

Annual Rental Income: 30000
Rental Performance: 0.075

Listing Agent Remarks

Looking for an authentic Corolla beach property, with charm, elbow room, potential to grow, close to the beach? This is the one! This home has been lovingly maintained by its long time owners and offers the flexibility to become a sought after investment property in a thriving community or continue as a private residential beach home. With meticulous detail throughout, you will be impressed by its custom wood work, wood laminate floors, and spacious ground level. Enter your main entrance and enjoy two main level large en suite bedrooms. Continue the hallway to your half bath, spacious laundry room, and well appointed kitchen. Living area offers expansive cathedral ceilings, a gas-ready fireplace, wet bar, large windows overlooking your private wooded lot, and additional covered and open deck space and screened porch. Upstairs offers a relaxing loft library with a picturesque window view of the ocean. Additional bonus space has been added to upstairs area making it perfect for game room/media room, additional guest room, or office. Two additional bedrooms with large closets finish off the top level. Currently as workshop, storage and screened gameroom, the home's ground floor is enclosed in the x flood zone (no insurance required) and ready to be additional heated living space with just a little bit of work! The location of this beach home couldn't be finer: walk or bike to old town Corolla for shopping, dining or a tour of the light house. The nature trails of the NC Coastal Preserve are less than a mile down the bike path as well. With so much to offer and only steps to the beach access; you will not want to miss this unique opportunity! Rental projection included in associated docs. Plenty of room for a pool.

Directions

From 12, turn East onto Coral Lane after the lighthouse.

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 1216 Coral Lane in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-202-3357. 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 1216 Coral Lane 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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