Listing Details For 1231 Atlantic Avenue in Corolla

Closing Price:
$2,399,000
1231 Atlantic Avenue, Corolla, NC 27927
7 bd
5 ba
5112 sq ft
MLS #: 109928
Status: Closed

Sold Details

Status: Closed
Sold Price: $2,170,000.00
Closing Date: 2/12/2021
Contract Date: 12/10/2020
Seller Concessions: Yes
Concession Comments: $10,000 Credit for closing costs.
Total Days on Market:
Cumulative Days on Market: 162
Due Diligence Date: 1/24/2021

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 162
Cumulative Days On Market: 162
Listing Price: $2,399,000
Original Listing Price: $2,150,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 2/12/2021
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: 5112
Asking Price Per SqFt: $469.00
Heated Living Area Sq Ft: 5112
BedroomsTotal: 7
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 1996
Garage: Carport,None
Architectural Style: Contemporary, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Gunite, Heated Salt, In Ground, Outdoor Pool, Private
Screen Porch Size: Top NE
Builder Name: Pete Hunter
Counter Tops: Granite
Cooling: Heat Pump, Zoned
Heating: Forced Air, Heat Pump, Zoned
Room Type: Foyer, Sun/Florida Room
Flooring: Carpet, Wood
Construction Materials: Frame, Wood Siding

Legal Description

County: Currituck
Subdivision: Ocean Hill
Subdivision Name: Ocean Hill
Deed Book: 1418
Deed Book Page Number: 789
County Pin Number: 114C00000290001
Price Change: 2/11/2021
Road Surface: Private
Association Amenities: Ocean Access

Lot Details

Lot Features: Beach Frontage
Water Frontage: 100
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $9,293.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 2/12/2021
Estimated Annual Fee Amt: $300.00
Sewer: Septic Tank
Association Fee Includes: Road Maintenance, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Owned
Bank/Institution Owned: No
Listing Restrictions: 1031 Tax Deferred Exch.
Exterior: Cement Fiber Board
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Elevator,Handicap Friendly,Hot Tub,Landscaped,Outside Lighting,Outside Shower,Patio,Screened Porch,Sun Deck
HOA Contact Name: Ocean Hill HOA
Primary Residence: No
HOA Contact Info: Scott Henry

Rental Income

Annual Rental Income: 192370
Rental Performance: 0.0886
Avertised Income 2021 Amount: 233093

Listing Agent Remarks

Already $233,000 booked for 2021 season! Add that to spectacular Ocean Views from kitchen, dining rooms, screened porch and living room - all on the east side of the house makes this home a winner! Wide, beautiful, open beach. One of the least crowded beaches in Corolla! This home sits on one of the highest lots in Ocean Hill. Exterior painted and new hot tub in 2017. 2 NEW HVAC UNITS AUGUST 2020 & AES Air Scrubber whole home air purifier! Highest quality (6" walls & round pilings ) by Pete Hunter! Homeowners are the original owners who personally designed the home with family Oceanfront living in mind! Composite decking- no nail pops or splinters! Wood accented ceilings on top level and wainscoted walls for lower maintenance. Solid rentals year after year. Take the ELEVATOR to the top level where the views are nothing short of breathtaking. The gourmet kitchen has granite counter tops. Enjoy breakfast with a sunrise on the screened porch. The private, ramped walkway is joined on the mid level with a cabana with 2 private showers, dressing area and loo. The pool is a 50' salt water lap pool. Pool liner was replaced in 2018. An added bonus are views of the Currituck Lighthouse from the West deck. All new king beds and mattresses and new living room couches in 2016. There is a possibility of adding a rec room and possibly 2 bedrooms underneath, with proper permits and added septic. This truly is a great home! Check it out! New for 2020- AES Air Scrubber Whole Home Air Purifier!! FINISHED, GROUND LEVEL ROOM APROVED FOR 7TH BEDROOM! SEE ASSOC. DOCS!

Directions

Rt 12 North to Coral Ln, take a right then straight to Atlantic Ave. take a left, home is OF 1231.

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 1231 Atlantic Avenue in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-207-7773. 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 1231 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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