Listing Details For 1119 Franklyn Street in Corolla

Closing Price:
$1,850,000
1119 Franklyn Street, Corolla, NC 27927
6 bd
5 ba
4035 sq ft
MLS #: 112036
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,720,000.00
Closing Date: 3/11/2021
Contract Date: 1/14/2021
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 46
Due Diligence Date: 2/27/2021

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 46
Cumulative Days On Market: 46
Listing Price: $1,850,000
Original Listing Price: $1,850,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 3/11/2021
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4035
Asking Price Per SqFt: $458.00
Heated Living Area Sq Ft: 4035
BedroomsTotal: 6
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 1997
Garage: Carport
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator, Washer, Wall Oven
Roof: Asphalt
Parking: Paved
Foundation: Piling
Pool: Yes
Pool Type: Private and Association
Pool Features: Concrete, Association, Heated, In Ground, Outdoor Pool, Private
Builder Name: Stormont
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Interior Features: Pantry, Walk-In Closet(s)
Heating: Central, Heat Pump
Room Type: Game Room, Shipswatch
Flooring: Carpet, Ceramic Tile, Laminate, Wood
Construction Materials: Frame

Legal Description

Phase: 2G
County: Currituck
Subdivision: Corolla Light
Deed Book: 1183
Deed Book Page Number: 367
County Pin Number: 115B00002310000
Price Change: 3/10/2021
Road Surface: Paved
Association Amenities: Board Walk, Fitness Center, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Racquetball, Sound Access

Lot Details

Lot Size Dimensions: 75x100
Lot Features: Beach Frontage
Lot Faces: W
Water Frontage: 75
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2020
Annual Property Taxes: $7,579.00
Water Source: Municipal
Contract Status Change Date: 3/11/2021
Estimated Annual Fee Amt: $3,329.00
Sewer: Private Sewer
Association Fee Includes: Electricity, Common Insurance, Management, Other-See Remarks, Pool, Security, Tennis Courts, Walkways
Association Fee Yes or No: Yes

Financials

Electroni Locks: Leased
Bank/Institution Owned: No
Listing Restrictions: Variable Rate Comp
Exterior: Wood
HashTag of Units: 0
Extras: Beach Access,Boardwalk to Beach,Covered Decks,Elevator,Hot Tub,Jet Tub,Landscaped,Outside Lighting,Outside Shower,Sun Deck,Dry Entry,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: Don Cheek, Mgr.
Primary Residence: No
Street Frontage : 75
HOA Contact Info: 252-453-2455

Rental Income

Annual Rental Income: 154709
Rental Performance: 0.0899
Owner Rental Income 2021 Amount: 92117
Avertised Income 2021 Amount: 97140

Listing Agent Remarks

Breathtaking Panoramic Ocean Views! Corolla Light Stormont-built 6bd/5.5ba Oceanfront home has Private Heated Pool, ELEVATOR, Game Room w/ Pool Table, Foosball, Full Fridge & Ice Machine, and Excellent Income...with the BEST COMMUNITY AMENITIES in OBX! Sweeping Curved formal entry Staircase, LARGE Kitchen w/2 DWs & 2 Fridges; tastefully Elegant furnishings, bedding & decor, Walk-In Ready! TRULY Amazing views with Floor-to-Ceiling Living Room windows...Views from mid-level, too! Three En-suite bedrooms, a King master on two levels with luxurious baths. BRAND-NEW "Hurricane Proof" Roof, gas-power Pool Heater, one Dishwasher, one Refrigerator, Cooktop, Glass Shower Doors & Bath Floors. In 2019 Shared Walkway to Beach & Pool Resurfaced. In 2017 Kitchen Granite/Tile Backsplash, Exterior Paint & Carpet. In 2016 ALL Decking/Railings! Ships Watch room gives Stunning Sunrises and Landing above living area opens to west-facing Balcony to enjoy Sunset "sit & sips!" Corolla Light amenities create a truly cloistered Resort and include year-round Brindley Sports Complex with Indoor Tennis, Racquetball, Gym & HUGE indoor pool; (steps away from) Oceanfront Complex with Dining/Bar, Snacks, Games, Kiddie Pool; outdoor Tennis Courts; soundside Outdoor Pool; Walking paths, and summertime Trolley Service.

Directions

From Rt. 12/Ocean Trail: East onto Austin St; Either left or right on Franklyn St.; follow around to Oceanfront row; House is two lots south of Payson Ct.

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 1119 Franklyn Street in Corolla is provided courtesy of Shore Realty C: 800-647-1868. 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 1119 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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