Listing Details For 1141 Franklyn Street in Corolla

Closing Price:
$899,000
1141 Franklyn Street, Corolla, NC 27927
6 bd
4 ba
2980 sq ft
MLS #: 110453
Status: Closed

Sold Details

Status: Closed
Sold Price: $865,000.00
Closing Date: 2/25/2021
Off Market Date: 11/25/2020
Contract Date: 1/6/2021
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 121
Due Diligence Date: 2/15/2021

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 121
Cumulative Days On Market: 121
Listing Price: $899,000
Original Listing Price: $899,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 2/26/2021
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: 2980
Asking Price Per SqFt: $302.00
Heated Living Area Sq Ft: 2980
BedroomsTotal: 6
Bathrooms Full: 4
Bathrooms Partial: 1
Year Built: 1987
Garage: Carport
Architectural Style: Contemporary, Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer, Wine Cooler
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, Heated, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Heat Pump
Room Type: Library
Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl Tile
Construction Materials: Frame, Wood Siding

Legal Description

County: Currituck
Subdivision: Corolla Light
Subdivision Name: Corolla Light
Deed Book: 724
Deed Book Page Number: 480
County Pin Number: 115B00001100000
Price Change: 2/25/2021
Block: N/A
Road Surface: Paved, Private
Association Amenities: Clubhouse, Common Area, Gated, Fitness Center, Indoor-Comm. Pool, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Racquetball, Sound Access

Lot Details

Land Tax Value: 325000
Total Assessed Value: 638400
Lot Features: Level
Waterfront: 3 - lots from oceanfront (4th row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $3,737.00
Home Oner Insurance Expense: 4175
Flood Zone: X
Flood Insurance Expense: 741
Other Insurance: 211
Water Source: Municipal
Yearly Water Expense: 1645
Pool Or Spa Expense: 2500
Yearly Expense: Actual
Yearly Elecric Expense: 2799
Yearly Telephone Expense: 744
Yearly Cable Tv Expense: 1356
Contract Status Change Date: 2/26/2021
Estimated Annual Fee Amt: $3,329.00
Sewer: Private Sewer
Maintenance Expense: 352
Association Fee Includes: Management, Other-See Remarks, Pool, Security, Tennis Courts, Walkways
Association Fee Yes or No: Yes

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,Landscaped,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck
HOA Contact Name: Don Cheek
Primary Residence: No
HOA Contact Info: (252) 453-3550

Rental Income

Annual Rental Income: 91225
Rental Performance: 0.1055
Owner Rental Income 2021 Amount: 85001
Avertised Income 2021 Amount: 91225

Listing Agent Remarks

We're not sure what aspect of this home you'll fall in love with first, but we fell hard for the Sea Watch room itself. The juniper-covered walls and ceilings wrap you in warmth while the surrounding large windows afford unending panoramic views of the restless Atlantic Ocean and the stately red-brick Currituck Light. It's the perfect place to drink that first morning cup of coffee or relax after a long day spent either on the beach or exploring the historical village of Corolla. This gorgeous 6-bedroom, 4 1/2-bath has been lovingly maintained with a well-manicured yard, beautiful hardwood floors, a soaring beamed ceiling and cozy fireplace in the great room, vinyl planking in the den and on the stairs, a large private and heated pool and hot tub, a handsomely laid-out kitchen to delight the most discerning cooks, and choice comfy beach decor throughout. There's plenty of space for large families to spread out or come together for those special memory invoking moments. And the amenities are generous in the coveted Corolla Light community - security, trolley, a restaurant, a health club, both indoor and outdoor community pools, outdoor community tennis, racquetball, playground, ocean access (and you're only a stone's throw away), sound access, walkways, common areas and garbage collection. What more could you even ask for? This ocean side gem is your dream come true!

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 1141 Franklyn Street in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-202-3357. 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 1141 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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