Listing Details For 1047 Corolla Drive in Corolla

Closing Price:
$689,000
1047 Corolla Drive, Corolla, NC 27927
8 bd
5 ba
4333 sq ft
MLS #: 107213
Status: Closed

Sold Details

Status: Closed
Sold Price: $690,000.00
Closing Date: 9/4/2020
Contract Date: 6/27/2020
Seller Concessions: Yes
Concession Comments: $2000 credit to buyer
Total Days on Market:
Cumulative Days on Market: 235
Due Diligence Date: 8/14/2020

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 235
Cumulative Days On Market: 235
Listing Price: $689,000
Original Listing Price: $752,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 9/6/2020
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4333
Asking Price Per SqFt: $159.00
Heated Living Area Sq Ft: 4333
BedroomsTotal: 8
Bathrooms Full: 5
Bathrooms Partial: 2
Year Built: 2005
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Slab
Pool: Yes
Pool Type: Private
Pool Features: Heated, In Ground, Outdoor Pool, Private, Vinyl
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry
Heating: Heat Pump
Room Type: Foyer, Game Room, Office
Flooring: Carpet, Tile, Wood
Construction Materials: Frame, Wood Siding

Legal Description

Section: 5
County: Currituck
Subdivision: Whalehead Club
Deed Book: 1130
Deed Book Page Number: 636
County Pin Number: 115A00000500005
Price Change: 9/5/2020
Road Surface: Paved, Public

Lot Details

Total Assessed Value: 656000
Lot Size Acres: 0.51
Lot Size Dimensions: 200 X 110
Lot Size Square Feet: 22216
Lot Features: Level, Wooded
Waterfront: 4 - lots from oceanfront (5th row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $4,920.00
Home Oner Insurance Expense: 1851
Flood Zone: X
Flood Insurance Expense: 759
Wind Insurance: 5087
Water Source: Municipal
Contract Status Change Date: 9/6/2020
Estimated Annual Fee Amt: $50.00
Sewer: Septic Tank
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
HashTag of Units: 0
Extras: Beach Access,Ceiling Fan(s),Common Laundry Area,Covered Decks,Hot Tub,Jet Tub,Outside Lighting,Outside Shower,Patio,Smoke Detector(s),Sun Deck,Roof Top Deck
Fuel Tanks: Leased
HOA Contact Name: none
Primary Residence: No
Street Frontage : 110
HOA Contact Info: none

Rental Income

Annual Rental Income: 86077
Rental Performance: 0.1247

Listing Agent Remarks

12% RETURN! A DEAL NOT TO BE MISSED!! SO MUCH SPACE! OCEAN VIEWS! CLOSER TO THE BEACH THEN MANY HOMES ONE STREET CLOSER BECAUSE OF BEACH ACCESS! Truly the perfect beach house! With over 4300 sq ft you'll have plenty of room for everyone, 8 bedrooms, 5 bathrooms, large, open great room, fully stocked kitchen, game room with kitchenette, pool area complete with hot tub and you'll love the Tiki Bar and sand volleyball court! The home feels so spacious in part due to the very wide hallways and stairwells. The home begs for you and family and friends to fill it up, but even when you just want to come down by yourself, the top floor master makes easy one-level living. The 2nd floor back deck overlooking the pool provides a perfect shaded retreat from the sun. Because of the location to the beach walkway, this home is closer to the beach than many of the homes on Whalehead Dr. The landscaping offers privacy and this end of Corolla Dr is very quiet with little traffic. The sellers have absolutely loved this home..."We have strived to maintain the great condition of this house as it was considered it our own home away from home, not just a rental property." Very well-cared for! Please ask for a list of all the updates! Ready to have a place to come to and enjoy the beach whenever you want? Enjoy coffee on the roof top deck watching the sunrise? Or a nice bike ride to dinner and shopping at Corolla Light Town Center? All while earning income? Get this one while it's available!

Directions

East on Bonito St, left on Corolla Dr, house 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 1047 Corolla Drive in Corolla is provided courtesy of Howard Hanna Outer Banks 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 1047 Corolla Drive 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.

Looking for more info about this property or another OBX properties?

We can answer all your questions. Call DIRECT 800-647-1868 or fill out this form and let us know what you need, so we can start to help. It is easier than you think.
Level of Interest
For Immediate Service
252-441-3416 (Local OBX)
800-647-1868 (Toll Free)