Listing Details For 1217 Atlantic Avenue in Corolla

Closing Price:
$1,699,000
1217 Atlantic Avenue, Corolla, NC 27927
6 bd
5 ba
4316 sq ft
MLS #: 104763
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,550,000.00
Closing Date: 2/12/2020
Contract Date: 12/18/2019
Seller Concessions: Yes
Concession Comments: $5896 credit for seller prime rental week $1345 credit for termite treatment
Total Days on Market:
Cumulative Days on Market: 245
Due Diligence Date: 1/27/2020

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 245
Cumulative Days On Market: 245
Listing Price: $1,699,000
Original Listing Price: $1,699,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 2/13/2020
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: 4316
Asking Price Per SqFt: $394.00
Heated Living Area Sq Ft: 4316
BedroomsTotal: 6
Bathrooms Full: 5
Bathrooms Partial: 2
Year Built: 1995
Garage: Carport
Architectural Style: Cottage, Coastal, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer, Wine Cooler
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, In Ground, Outdoor Pool, Private
Counter Tops: Other
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Walk-In Closet(s)
Heating: Central, Heat Pump, Zoned
Room Type: Foyer, Game Room, Utility Room
Flooring: Carpet, Hardwood, Tile
Construction Materials: Frame

Legal Description

Section: 1
County: Currituck
Subdivision: Ocean Hill
Deed Book: 1315
Deed Book Page Number: 939
County Pin Number: 114C00000220001
Price Change: 2/12/2020
Road Surface: Paved
Association Amenities: Ocean Access

Lot Details

Lot Size Acres: 0.78
Lot Size Square Feet: 34000
Lot Features: Beach Frontage, Waterfront
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2018
Annual Property Taxes: $8,617.00
Home Oner Insurance Expense: 4732
Flood Zone: X
Flood Insurance Expense: 2310
Water Source: Municipal
Yearly Water Expense: 1329
Other Yearly Expense: 240
Pool Or Spa Expense: 5095
Yearly Expense: Actual
Yearly Elecric Expense: 6043
Yearly Telephone Expense: 800
Yearly Cable Tv Expense: 2484
Contract Status Change Date: 2/13/2020
Estimated Annual Fee Amt: $290.00
Sewer: Septic Tank
Maintenance Expense: 2166
Other Expenses 2: 2028
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),Covered Decks,Hot Tub,Jet Tub,Outside Shower,Smoke Detector(s),Storage Shed,Sun Deck,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: SCOTT HENRY
Primary Residence: No
HOA Contact Info: OCEANHILL.ORG

Rental Income

Annual Rental Income: 155770
Rental Performance: 0.1005

Listing Agent Remarks

Solid income producer, this spectacular oceanfront home graces the northern Corolla beaches! Tucked away in the lovely Ocean Hill community, this is beach living at its best! Beautiful ocean views from every room on the mid and top levels! A very spacious three level, six bedroom home with three separate living areas offers plenty of room for family and guests. The main living area on the top floor boasts a gorgeous brand new custom kitchen with quartz counter tops, stainless appliances, beautiful cabinetry built by Cozy Kitchens, and an oceanfront counter with seating to enjoy the views! Gather with friends around the large dining table, and enjoy the comforts offered in the roomy living area with built in shelving, oversized tv for the big games, and a cozy gas fireplace. High ceilings and lots of windows capture the natural light. The upstairs also offers two large master suites and a bright second sitting area/office. The middle floor has a large den with wet bar and is central to four roomy bedrooms, and is a great spot for lounging, reading, and game playing! Two of the bedrooms on this level are master suites. All six bedrooms have an ocean view and a sliding door to an oceanfront deck! The ground floor is an exceptional game room. Play a great game of pool, try your hand at poker, or relax in comfort on the big comfy couch! A kitchenette with full refrigerator, microwave and dishwasher accommodates this floor and is great for supplying the pool and outdoor areas! Multiple large closets and storage areas work well for second home owners providing secure space for owner storage. And decks! Two levels of decks offer great outdoor living spaces to enjoy the beautiful Atlantic ocean vistas! Put this oceanfront home on your MUST SEE list! Well enjoyed by owners and guests, the numbers work! Current rental figures reflect much owner usage.

Directions

EAST ON CORAL LANE, LEFT ON ATLANTIC, HOUSE ON RIGHT

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 1217 Atlantic Avenue in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-207-6504. 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 1217 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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