Listing Details For 1214 Coral Lane in Corolla

Closing Price:
$764,880
1214 Coral Lane, Corolla, NC 27927
7 bd
5 ba
2757 sq ft
MLS #: 114238
Status: Closed

Sold Details

Status: Closed
Sold Price: $799,880.00
Closing Date: 6/30/2021
Contract Date: 5/11/2021
Seller Concessions: Yes
Concession Comments: See the beginning of Broker Notes for details.
Total Days on Market:
Cumulative Days on Market: 5
Due Diligence Date: 6/24/2021

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 5
Cumulative Days On Market: 5
Listing Price: $764,880
Original Listing Price: $764,880
Short Sale: No
Price Date: 6/30/2021
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: 2757
Asking Price Per SqFt: $277.00
Heated Living Area Sq Ft: 2757
BedroomsTotal: 7
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 2005
Garage: 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: Off Street, Paved, Underground
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, In Ground, Outdoor Pool, Private
Screen Porch Size: 128
Sun Deck Size: 328
Counter Tops: Laminate
Cooling: Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar
Heating: Electric, Heat Pump, Zoned
Flooring: Carpet, Ceramic Tile
Construction Materials: Frame, Wood Siding

Legal Description

County: Currituck
Subdivision: Ocean Hill
Deed Book: 1443
Deed Book Page Number: 851
County Pin Number: 114C00000060001
Price Change: 6/29/2021
Road Surface: Paved, Private

Lot Details

Lot Size Dimensions: 100' x 200'
Lot Features: Level
Lot Faces: N
Waterfront: More than 5th row
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2020
Annual Property Taxes: $3,383.00
Flood Zone: X
Water Source: Municipal
Yearly Expense: Actual
Contract Status Change Date: 6/30/2021
Estimated Annual Fee Amt: $325.00
Sewer: Septic Tank
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Cement Fiber Board,Lap Siding
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Outside Lighting,Outside Shower,Screened Porch,Smoke Detector(s),Sun Deck,Dry Entry
Covered Deck Size: 568
Fuel Tanks: None
HOA Contact Name: Ocean Hill 1 POA
Primary Residence: No
Street Frontage : 100
HOA Contact Info: POB 323 Corolla NC 27927

Rental Income

Annual Rental Income: 76479
Rental Performance: 0.0956
Avertised Income 2021 Amount: 76479

Listing Agent Remarks

2021 year-to-date Rental Income of $76,479.53! In search of an OBX beach home that has it all? Look no further, “Coral Reef Treat” will provide you with the ultimate Outer Banks experience. The design of the home is such that it offers both private spaces for sanctuary and very generous gathering places for socializing and enjoying events. On a sunny day you and your guests are sure to enjoy the large pool and hot tub area or maybe take in a friendly match of volleyball or badminton. At dusk enjoy a drink on one of the many sun or covered decks. When it’s time to cook that fresh Outer Banks catch that you purchased at the fish market, there’s an outside grilling area with multiple seating areas. If it’s getting late or rainy the screen porch is a perfect place to escape to. Moving inside the home there are seven bedrooms and five and one-half baths. On the ground floor you will find a large game room with pool table, foosball and wet bar. The ground floor also includes two bedrooms and one full bath. Mid-level there are four bedrooms and three full baths of which two are ensuite. The top-level encompasses the great room which has a humongous kitchen with a giant bar area that leaves room for everyone to be part of the action. The seventh bedroom (ensuite) and a half-bath round out this floor. Located in Ocean Hill, the home sits far back from the street on a large lot. The beach access and Corolla Village are just a short walk away. The house is located in an X Flood Zone (previously Shaded X) so Flood Insurance is NOT required. The Owners have taken loving care of this home, which shows by all of the recent updates/upgrades which include a fortified roof (12/2018); heat pump compressor – top level (12/2018); Roku Smart TV’s (2018-2019); icemaker – ground floor (2019); washer, dryer and refrigerator w/ice maker (2020); Nest Smart Thermostats (2020); front door (2021). Please check out the Virtual Tour link (Matterport 3D). You may also cut and past this text into your browser https://my.matterport.com/show/?m=mssGCk1a4N4&mls=1

Directions

Ocean Trail past Wee Winks; Right on Coral Lane and the house is on your 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 Beach Realty & Construction - KH North charles@charlesrocknak.com. 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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