Listing Details For 1100 Schoolhouse Lane in Corolla
Closing Price:
$1,499,000
$1,499,000
1100 Schoolhouse Lane,
Corolla, NC 27927
6 bd
5 ba
3350 sq ft
MLS #: 112183
Status: Closed
Sold Details
Status: Closed
Sold Price: $1,485,000.00
Closing Date: 3/29/2021
Contract Date: 2/1/2021
Seller Concessions: Yes
Concession Comments: $5,000 Repair Credit
Total Days on Market:
Cumulative Days on Market: 47
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 47
Cumulative Days On Market: 47
Listing Price: $1,499,000
Original Listing Price: $1,499,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 3/31/2021
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: 3350
Asking Price Per SqFt: $447.00
Heated Living Area Sq Ft: 3350
BedroomsTotal: 6
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 1986
Garage: Carport
Architectural Style: Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Heated, Outdoor Pool, Private
Cooling: Central Air, Heat Pump
Interior Features: Beamed Ceilings, Cathedral Ceiling(s), Cedar Closet(s)
Heating: Central, Electric, Heat Pump
Room Type: Breakfast Nook, Foyer
Flooring: Tile, Laminate
Construction Materials: Frame, Wood Siding
Legal Description
Section: 3
County: Currituck
Subdivision: Corolla Village
Subdivision Name: Corolla Village
Deed Book: 1502
Deed Book Page Number: 105
County Pin Number: 114B00000050003
Price Change: 3/30/2021
Block: N/A
Road Surface: Public
Lot Details
Land Tax Value: 798000
Total Assessed Value: 1097500
Lot Size Acres: 0.54
Lot Size Square Feet: 23522
Lot Features: Beach Frontage, Waterfront
Lot Faces: E
Waterfront: Ocean Front
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2020
Annual Property Taxes: $6,174.00
Home Oner Insurance Expense: 4466
Flood Zone: VE
Flood Insurance Expense: 3100
Other Expenses 3: 409
Water Source: Municipal
Yearly Water Expense: 892
Other Yearly Expense: 223
Pool Or Spa Expense: 3085
Yearly Expense: Actual
Yearly Elecric Expense: 4536
Yearly Cable Tv Expense: 1976
Contract Status Change Date: 3/31/2021
Estimated Annual Fee Amt: $200.00
Sewer: Septic Tank
Maintenance Expense: 4586
Other Expenses 2: 240
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply
Financials
Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Shakes,Wood
HashTag of Units: 0
Extras: Beach Access,Cabana,Ceiling Fan(s),Covered Decks,Hot Tub,Outside Lighting,Outside Shower,Sun Deck,Inside Laundry Room
HOA Contact Name: N/A
Primary Residence: No
HOA Contact Info: N/A
Rental Income
Annual Rental Income: 163120
Rental Performance: 0.1098
Owner Rental Income 2021 Amount: 145500
Avertised Income 2021 Amount: 165960
Listing Agent Remarks
Remember that euphoric feeling building inside you as the minutes ticked down on that last day of school? The anticipation of long, lazy summer days ahead? That feeling has been remarkably captured in "School's Out" - a spectacular and rare oceanfront find in the heart of Corolla village. Time stands still here as you gaze out over the unbelievable expanse of the Atlantic Ocean. Backed into a private cul-de-sac, this 3000-sq-ft coastal beauty delivers all the ingredients for the perfect family vacation - a private outdoor heated pool (with the ocean as a backdrop), tiki bar, hot tub, game room complete with a shuffleboard table, two living and dining areas on the top level (all with ocean views) a spacious, well-equipped kitchen, 6 generous-sized bedrooms and 5 1/2 baths and a gas fireplace for those chilly fall nights. Classic wainscoting and beamed ceilings lend a homey nostalgic charm and the owners have faithfully maintained, repaired, replaced and updated as needed (see list of recent improvements, etc., in broker's notes). Because of its proximity to the historical village, you can explore all the wonders on foot. Stroll over to the beer garden and enjoy a cold one or discover a treasured gift in one of the many delightful small shops. You may even catch a glimpse of the wild ponies during your explorations. Yes, this is the one that should definitely be on your "to see" list. Bookings for 2021 are already at $163,120 NOT INCLUDING a summer week reserved for the owner.
Directions
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courtesy of Keller Williams - Outer Banks C: 252-202-3357. Information is believed to be accurate but is not
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means the property at 1100 Schoolhouse Lane in Corolla is no longer available for sale. If you are interested in this property
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