Listing Details For 1120 Karens Way in Corolla

Closing Price:
$999,000
1120 Karens Way, Corolla, NC 27927
8 bd
6 ba
4430 sq ft
MLS #: 105571
Status: Closed

Sold Details

Status: Closed
Sold Price: $955,000.00
Closing Date: 5/29/2020
Contract Date: 4/3/2020
Seller Concessions: Yes
Concession Comments: $16,500 closing cost credit to buyer, & $3500 check to buyers contractor for repairs
Total Days on Market:
Cumulative Days on Market: 289
Due Diligence Date: 5/15/2020

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 289
Cumulative Days On Market: 289
Listing Price: $999,000
Original Listing Price: $1,099,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 5/30/2020
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4430
Asking Price Per SqFt: $226.00
Heated Living Area Sq Ft: 4430
BedroomsTotal: 8
Bathrooms Full: 6
Bathrooms Partial: 1
Year Built: 1996
Architectural Style: Coastal
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Pool: Yes
Pool Type: Private
Pool Features: Heated, In Ground, Outdoor Pool, Private
Builder Name: MANCUSO
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Interior Features: Wet Bar
Heating: Central, Heat Pump
Room Type: Foyer, Guest House, Sun/Florida Room
Flooring: Carpet, Ceramic Tile, Hardwood
Construction Materials: Frame

Legal Description

Section: 2
County: Currituck
Subdivision: Corolla Village
Deed Book: 728
Deed Book Page Number: 454
County Pin Number: 114F00000090002
Price Change: 5/29/2020
Block: xx

Lot Details

Lot Size Acres: 0.99
Lot Size Square Feet: 42955
Lot Features: Level
Waterfront: 3 - lots from oceanfront (4th row)
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $4,968.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 5/30/2020
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Landscaped,Outside Lighting,Outside Shower,Patio,Smoke Detector(s),Sun Deck,Tiki Bar,Inside Laundry Room
Primary Residence: No

Rental Income

Annual Rental Income: 113178
Rental Performance: 0.1185

Listing Agent Remarks

NEW ROOF in Jan 2020! A unique find anywhere on the Outer Banks. Located on a HUGE parcel of land on the Oceanside in Corolla Village with no major roads to cross to get to the beach! X-ZONE meaning no flood insurance required. Coastal, classic Corolla Village charm on ~42,955 sq. ft. of serene land just a few lots from the beach and in historic Corolla Village just steps from Currituck Lighthouse, Whalehead Club, and the 4x4 beaches where the wild horses roam. This 7 bedroom, 5 and a half bath home also has a guest house/carriage house with 1 master bedroom, den and kitchen. 8 bedrooms in total! Enjoy a huge, private landscaped yard and a 14x32 private heated pool with easy beach access. One of the most private pool complexes you will find on the OBX. A consistent rental producer that has generated over 113K, this home works great as a rental investment, even boasting the ability to host weddings, special events, corporate retreats, etc. Tastefully decorated, the home is built with comfort and functionality in mind. This cottage has amenities set to entertain a full house, including a game room with a full kitchenette, large pool table, ping pong table, private heated pool, and poolside cabana. Sit back and relax, and throw your keys in the fish bowl, at 'Family Ties' you are walking distance to the beach and everything Corolla Village has to offer.

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 1120 Karens Way in Corolla is provided courtesy of Four Seasons Realty . 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 1120 Karens Way 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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