Listing Details For 1214 Coral Lane in Corolla

Closing Price:
$559,000
1214 Coral Lane, Corolla, NC 27927
7 bd
5 ba
2729 sq ft
MLS #: 99050
Status: Closed

Sold Details

Status: Closed
Sold Price: $530,000.00
Closing Date: 5/15/2018
Contract Date: 4/5/2018
Seller Concessions: Yes
Concession Comments: Seller paid $2,775 toward buyers' closing costs and $626 for a pest treatment prior to closing
Total Days on Market:
Cumulative Days on Market: 840

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 839
Cumulative Days On Market: 840
Listing Price: $559,000
Original Listing Price: $559,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 5/15/2018
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: 2729
Asking Price Per SqFt: $205.00
Heated Living Area Sq Ft: 2729
BedroomsTotal: 7
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 2005
Garage: 1 Car,Carport
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Paved, Underground
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Outdoor Pool, Private, Vinyl
Builder Name: Dale Arculus
Counter Tops: Laminate,Marble
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar
Heating: Electric, Forced Air, Heat Pump, Zoned
Room Type: Foyer, Game Room, Pantry, Utility Room
Flooring: Carpet, Ceramic Tile
Construction Materials: Frame

Legal Description

Section: 1
County: Currituck
Subdivision: Ocean Hill
Deed Book: 687
Deed Book Page Number: 738
County Pin Number: 114C00000060001
Price Change: 5/14/2018
Road Surface: Paved, Private
Association Amenities: Ocean Access

Lot Details

Lot Size Acres: 0.46
Lot Size Dimensions: 100 x 200
Lot Size Square Feet: 20000
Lot Features: Level, Wooded
Waterfront: More than 5th row
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2017
Annual Property Taxes: $3,084.00
Home Oner Insurance Expense: 3000
Flood Zone: X
Flood Insurance Expense: 724
Water Source: Municipal
Yearly Water Expense: 800
Pool Or Spa Expense: 2850
Yearly Elecric Expense: 3200
Yearly Cable Tv Expense: 2600
Contract Status Change Date: 5/15/2018
Estimated Annual Fee Amt: $290.00
Sewer: Septic Tank
Septic Fee: 50
Association Fee Includes: Road Maintenance, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Outside Shower,Patio,Screened Porch,Smoke Detector(s),Sun Deck,Dry Entry
Fuel Tanks: None
HOA Contact Name: Ed Cornet
Primary Residence: No
Street Frontage : 100
HOA Contact Info: 252.453.4560

Rental Income

Annual Rental Income: 54725
Rental Performance: 0.1033

Listing Agent Remarks

Located in the sought after Ocean Hill community in Northern Corolla. Big Lot, Wide Beaches and Great Neighbors. From top to bottom this home has the room needed for a comfortable rental. Solid rental income year after year. There are plenty of closets and owner storage in this one. Start on the lower level with a dry entry into the game room with a Foosball table, a Pool table and a Wet Bar with Ice maker, Refrigerator and Microwave that leads out to the private pool with an abundance of extra space and a large concrete deck, lounge chairs, picnic tables, grill and play area. Two bedrooms (one twin bunk and one full size) share a full bath on the lower level, as well. The 2nd floor offers the main entry and foyer, two queen masters, a kids bunk room, and Den with Deck access and a daybed. A full size bathroom and a dedicated room laundry room are on hand for ease of use. The top floor is open and has plenty of space to enjoy. The large open living room/dining room/kitchen area with wrap around sun decks and a private screen porch as well as the master suite and half bath. The kitchen offers two dishwashers, an electric range, a beautiful glass tile back splash, an elevated bar that can seat seven, a dining room table that seats ten, a gas fireplace with a TV built-in above, and a large master suite tucked behind the living level. From top to bottom either ceramic tile or carpet. Head out front to your private volleyball court. Private and Direct beach access at the end of the street only a quick walk or bike ride away. X Flood zone = No Flood Insurance needed. You need to see this one! Seller is having Interior Painted and is offering an Exterior Paint and Flooring allowance/ negotiable with acceptable offer. Make an offer and pick your paint color and flooring type allowing you to personalize your new home. Will consider all reasonable offers.

Directions

From Route 12 / Ocean Trail head east on Coral 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 1214 Coral Lane 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 1214 Coral 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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