Listing Details For 1251 Atlantic Avenue in Corolla

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Closing Price:
$1,100,000
1251 Atlantic Avenue, Corolla, NC 27927
6 bd
4 ba
4050 sq ft
MLS #: 67353
Status: Closed

Sold Details

Status: Closed
Sold Price: $950,000.00
Closing Date: 10/12/2011
Contract Date: 8/1/2011
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 446

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 446
Cumulative Days On Market: 446
Listing Price: $1,100,000
Original Listing Price: $1,200,000
Short Sale: No
Price Date: 10/13/2011
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: 4050
Asking Price Per SqFt: $272.00
Heated Living Area Sq Ft: 4050
BedroomsTotal: 6
Bathrooms Full: 4
Year Built: 1989
Architectural Style: Coastal, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven
Roof: Asphalt
Foundation: Piling
Pool: Yes
Pool Features: Outdoor Pool, Vinyl
Cooling: Heat Pump, Wall Unit(s), Zoned
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Electric, Forced Air, Heat Pump, Wall Furnace, Zoned
Construction Materials: Frame, Wood Siding

Legal Description

Section: 1
County: Currituck
Subdivision: Ocean Hill
Subdivision Name: Ocean Hill Section One
Deed Book: 0362
Deed Book Page Number: 0273
County Pin Number: 114C00000390001
Price Change: 10/12/2011
Road Surface: Paved, Private
Association Amenities: Ocean Access

Lot Details

Lot Size Dimensions: 110' x MHW
Lot Features: Beach Frontage, Corner Lot, Waterfront
Lot Faces: E
Water Frontage: 110
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2010
Annual Property Taxes: $7,276.00
Flood Zone: VE
Water Source: Municipal
Contract Status Change Date: 10/13/2011
Estimated Annual Fee Amt: $265.00
Sewer: Septic Tank
Association Fee Includes: Road Maintenance
Association Fee Yes or No: Yes

Financials

Bank/Institution Owned: No
Exterior: Shakes,Wood
HashTag of Units: 1
Extras: Beach Access,Boardwalk to Beach
Primary Residence: No
Street Frontage : 110

Rental Income

Annual Rental Income: 61575
Rental Performance: 0.0648

Listing Agent Remarks

Fabulous Oceanfront Setting as a Corner Lot Location, plus an extra wide Beach Access on the Northside provides extended Oceanfront Views radiating up the Coast, in addition to the great Ocean Views of the Atlantic Ocean to the East. Located in popular Ocean Hill Section One, with a Large Lot Size of "110’ x approx 350’+" with even more additional Length to the MHW Mark, makes this one of the very Best Oceanfront Lots, to build your Custom Beach Home. The "Beach Access / Tasman Drive Easement" is 60' of Buffer on the North Border of this property that enhances the Oceanfront Views of this Location giving unobstructed Views better than one can imagine. This Oceanfront Lot has 1) Better Height for Views; 2) Panoramic Ocean Views to the North over an Open Easement; 3) Corner Location; 4) Extra Width for more Water Frontage; 5) Double Dune Decks; 6) prefered "Ocean Hill" Location as verified by recent Lot that just Sold in 2010 for $1,070,000. Presently used as a Six Bedroom, 4 Bath Oceanfront Home, with Private Pool, and awesome Oceanfront Views. Currituck County Tax Records Label the Subject Property as a Four Bedroom, 2.5 Bath Dwelling. Currituck County Septic Tank - Sewage Disposal System Improvement Permit #6149, ( Dated Feb 6th, 1989 ) reflects only a Four ( 4 ) Bedroom, Two ( 2 ) Bath Capacity as Installed on Site; therefore "Septic Tank - Sewage Disposal System Capacity" needs to be increased for Six Bedrooms. Everyone enjoys the Multiple Dune Decks, one w Expansive 30' x 30' Dune Deck with the captivating Views of the Ocean & Surf.

Directions

N of Lighthouse & Corolla Village, R on Coral, L on Atlantic, Past Two Stop Signs, 1251 on 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 1251 Atlantic Avenue in Corolla is provided courtesy of Sun Realty - Corolla C: 252-453-8822. 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 1251 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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