Listing Details For 657 Oleander Court in Corolla

Closing Price:
$1,100,000
657 Oleander Court, Corolla, NC 27927
7 bd
7 ba
3847 sq ft
MLS #: 120460
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,100,000.00
Closing Date: 3/24/2023
Contract Date: 2/22/2023
Seller Concessions: Yes
Concession Comments: Seller paid $14,250 towards buyers closing costs
Total Days on Market:
Cumulative Days on Market: 146
Due Diligence Date: 3/15/2023

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 146
Cumulative Days On Market: 146
Listing Price: $1,100,000
Original Listing Price: $1,295,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 2/8/2023
Furnishing Available: Yes
Bill Of Sale Amount: No
Ownership: Owned More than 12 Months
Listing Type: Exclusive Agency

Building Details

Primary Heated Living Area Sq Ft: 3847
Asking Price Per SqFt: $286.00
Heated Living Area Sq Ft: 3847
BedroomsTotal: 7
Bathrooms Full: 7
Bathrooms Partial: 1
Year Built: 2004
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dishwasher, Ice Maker, Microwave, Refrigerator, Stackable Washer/Dryer, Washer, Wall Oven
Roof: Asphalt
Foundation: Piling
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, Fiberglass, In Ground, Outdoor Pool, Private
Counter Tops: Granite,Solid Surface
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Electric, Heat Pump, Zoned
Room Type: Game Room
Flooring: Carpet, Tile, Laminate
Construction Materials: Frame, Wood Siding

Legal Description

Section: O
County: Currituck
Subdivision: Ocean Sands
Deed Book: 809
Deed Book Page Number: 789
County Pin Number: 126A0000095000O
Price Change: 3/23/2023
Block: n/a
Road Surface: Paved, Private
Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis

Lot Details

Lot Size Acres: 0.14
Lot Size Dimensions: 65 X 93
Lot Size Square Feet: 6045
Lot Features: Level
Waterfront: More than 5th row
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $5,599.00
Home Oner Insurance Expense: 2624
Flood Zone: X
Flood Insurance Expense: 858
Wind Insurance: 5399
Water Source: Municipal
Yearly Water Expense: 2969
Other Yearly Expense: 850
Pool Or Spa Expense: 3526
Yearly Expense: Actual
Yearly Elecric Expense: 2306
Yearly Cable Tv Expense: 2615
Contract Status Change Date: 3/24/2023
Estimated Annual Fee Amt: $1,825.00
Sewer: Public Sewer
Association Fee Includes: Electricity, Common Insurance, Management, Pool, Road Maintenance, Tennis Courts
Other Expenses 2: 129
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Shakes,Vinyl
Extras: Ceiling Fan(s),Covered Decks,Hot Tub,Outside Shower,Patio,Sun Deck
Fuel Tanks: Leased
HOA Contact Name: Signature Touch
Primary Residence: No
Street Frontage : 65
HOA Contact Info: (252) 441.8857

Rental Income

Annual Rental Income: 146251
Rental Performance: 0.133
Owner Renatl Income 2023 Amount: 54584
Avertised Income 2023 Amount: 60865
Owner Renatl Income 2022 Amount: 53741
Avertised Income 2021 Amount: 60135

Listing Agent Remarks

Located a short one and a half blocks from 2 ocean access boardwalks, this home is also steps away from the community tennis and pickleball courts, community pool and a 1 mile long community nature trail around the lake (A great place to get some exercise and walk the dog off of the busy roadway!). This 7 bedroom, 7.5 bath home with extra-large bedrooms was custom built for these original owners. It boasts many special features that will help to make your guests feel pampered and want to come back year after year: an enormous kitchen has 2 dishwashers, a double over and a pantry, 2 stackable washers/dryers on the basement level, private pool, hot tub, 6 ensuites and so much more. With 14 weeks already booked for the 2023 rental season, you can see this home is a favorite to many repeat rental customers. The sellers have been limiting the number of rental weeks over the years, so they may also have use of their home. Occupancy during the limited available weeks fills up quickly. Village Realty has produced a Rental Projection for 2023 if not limited by the owner of $101,132 – 146,251. With the owner currently blocking use of the house, access to show this amazing home can be made any day of the week and with short notice, just register on ShowingTime first. One more thing to note. The owners had this home built for their use in mind. There are 3 large owner lock-ups for their personal items, which can be converted to guest use if preferred. See the photos.

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 657 Oleander Court in Corolla is provided courtesy of Outer Banks Blue Realty Srvcs. . 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 657 Oleander Court 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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