Listing Details For 1106 Schoolhouse Lane in Corolla

Closing Price:
$725,000
1106 Schoolhouse Lane, Corolla, NC 27927
5 bd
3 ba
2417 sq ft
MLS #: 110064
Status: Closed

Sold Details

Status: Closed
Sold Price: $700,000.00
Closing Date: 2/19/2021
Contract Date: 1/4/2021
Seller Concessions: Yes
Concession Comments: $5K closing cost credit for repairs
Total Days on Market:
Cumulative Days on Market: 177
Due Diligence Date: 2/8/2021

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 177
Cumulative Days On Market: 177
Listing Price: $725,000
Original Listing Price: $749,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 2/20/2021
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2417
Asking Price Per SqFt: $300.00
Heated Living Area Sq Ft: 2417
BedroomsTotal: 5
Bathrooms Full: 3
Year Built: 1989
Garage: Carport
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Pool: No
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Cedar Closet(s), Wet Bar, Walk-In Closet(s)
Heating: Central, Heat Pump
Room Type: Foyer
Flooring: Carpet, Ceramic Tile
Construction Materials: Frame

Legal Description

Section: 3
County: Currituck
Subdivision: Corolla Village
Deed Book: 163
Deed Book Page Number: 157
County Pin Number: 114B00000270003
Price Change: 2/19/2021
Block: NA
Road Surface: Gravel, Private

Lot Details

Lot Size Acres: 0.46
Lot Size Square Feet: 19968
Lot Features: Level
Waterfront: 2 - lots from oceanfront (3rd row
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $3,005.00
Home Oner Insurance Expense: 1469
Flood Zone: X
Wind Insurance: 3651
Water Source: Municipal
Yearly Water Expense: 296
Yearly Elecric Expense: 920
Yearly Cable Tv Expense: 2200
Contract Status Change Date: 2/20/2021
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bank/Institution Owned: No
Exterior: Vinyl
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Jet Tub,Landscaped,Outside Shower,Smoke Detector(s)
HOA Contact Name: NA
Primary Residence: No
HOA Contact Info: NA

Rental Income

Annual Rental Income: 41105
Rental Performance: 0.0587

Listing Agent Remarks

Steps from the beach-just two lots back! Septic being replaced. Buyer can relocate if a pool is desired in a particular area. Enjoy being in quiet historic Corolla Village and just a minutes walk from the beach! 5 minute walk to the Currituck lighthouse, Whalehead Park, Corolla Beer Garden, and the quaint little shops and attractions in the Village. This 5 bedroom, 3 bath home has been lovingly maintained as a second home, and would provide the option to also be a great income property. Built with a reverse floorplan to take in the ocean views, the upstairs boasts a large open living room with cathedral ceilings and lots of natural light, an open dining room and kitchen with stainless steel appliances, a sunroom/sitting room overlooking the Atlantic, and a spacious bedroom. The second level hosts the other 4 bedrooms, laundry, and foyer. Two bedrooms on the north side, both with 2 twin beds share a jack and jill bath, and two more bedrooms with queen beds on the south side each have deck access, one with walk in closet, and also share a jack and jill bath. New roof and vinyl siding in 2008, one new HVAC in 2017.

Directions

EAST ON SCHOOLHOUSE LANE, HOME IS ON THE 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 1106 Schoolhouse Lane 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 1106 Schoolhouse 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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