Listing Details For 1117 Franklyn Street in Corolla

Closing Price:
$1,899,999
1117 Franklyn Street, Corolla, NC 27927
6 bd
6 ba
4348 sq ft
MLS #: 112538
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,790,000.00
Closing Date: 5/10/2021
Contract Date: 3/24/2021
Seller Concessions: Yes
Concession Comments: Price Reduced by $2500 / Additional $2500 Seller-paid Closing Costs.
Total Days on Market:
Cumulative Days on Market: 62

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 62
Cumulative Days On Market: 62
Listing Price: $1,899,999
Original Listing Price: $1,999,999
Possession: Close Of Escrow
Short Sale: No
Price Date: 5/11/2021
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4348
Asking Price Per SqFt: $437.00
Heated Living Area Sq Ft: 4348
BedroomsTotal: 6
Bathrooms Full: 6
Bathrooms Partial: 1
Year Built: 1994
Garage: None
Architectural Style: Coastal
Sub Type: Single Family Residence
Appliances: Disposal, Dryer, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, Private
Counter Tops: Granite
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar
Heating: Heat Pump
Flooring: Ceramic Tile, Vinyl Tile
Construction Materials: Frame, Wood Siding

Legal Description

Phase: 2G
County: Currituck
Subdivision: Corolla Light
Subdivision Name: Corolla Light PUD
Deed Book: 1484
Deed Book Page Number: 128
County Pin Number: 115B00002300000
Price Change: 5/10/2021
Road Surface: Paved, Private

Lot Details

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

Property Expenses & Utilities

Tax Year: 2020
Annual Property Taxes: $7,329.00
Water Source: Municipal
Contract Status Change Date: 5/11/2021
Estimated Annual Fee Amt: $3,329.00
Sewer: Public Sewer
Association Fee Yes or No: Yes

Financials

Bank/Institution Owned: No
Exterior: Lap Siding
Extras: Beach Access,Ceiling Fan(s),Common Laundry Area,Hot Tub,Landscaped,Outside Lighting,Outside Shower,Screened Porch,Smoke Detector(s),Sun Deck,Whirlpool/Spa,Dry Entry
HOA Contact Name: .
Primary Residence: No
HOA Contact Info: 252-453-2455

Rental Income

Annual Rental Income: 141646
Rental Performance: 0.0791
Owner Rental Income 2021 Amount: 142451
Avertised Income 2021 Amount: 153413

Listing Agent Remarks

STUNNING OCEANFRONT HOME IN COROLLA LIGHT! PANORAMIC OCEAN VIEWS!! STRONG RENTALS! EXTREMELY WELL MAINTAINED! SHOWS LIKE NEW! Custom built with exquisite attention to detail, this tastefully appointed home keeps renters coming back year after year! Open and spacious floor plan with freshly painted interior! Light and bright! 6 bedrooms - 5 master suites! Gorgeous kitchen featuring beautiful granite countertops and brand new gas range...and an additional kitchenette with full-size refrigerator, sink, ice maker and counter seating for 4. AMAZING OUTDOOR LIVING SPACE! Expansive decking...sun decks and covered decks! Private pool (12 X 24) with ocean views, covered poolside cabana with bar, flat-screen TV and brand new hot tub! Direct access to community walkway to the beach! New HVAC system with 3 new thermostats with wireless controlled capability from phone! Brand new bedding for all 13 beds! PLEASE REQUEST COMPLETE LIST OF IMPROVEMENTS! Steps to the Oceanfront Clubhouse, Pools and Ocean access. Corolla Light amenities include additional pools, tennis courts and an indoor Sports Center housing an olympic sized pool, hard trucourts and a game center. IDEAL AS A SECOND HOME OR INVESTMENT OPPORTUNITY! A MUST SEE!

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 1117 Franklyn Street in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-207-6138. 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 1117 Franklyn Street 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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