Listing Details For 1108 Schoolhouse Lane in Corolla

Closing Price:
$1,295,000
1108 Schoolhouse Lane, Corolla, NC 27927
7 bd
7 ba
4206 sq ft
MLS #: 123848
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,275,000.00
Closing Date: 3/8/2024
Contract Date: 11/7/2023
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 2
Due Diligence Date: 11/28/2023

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 2
Cumulative Days On Market: 2
Listing Price: $1,295,000
Original Listing Price: $1,295,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 3/8/2024
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4206
Asking Price Per SqFt: $308.00
Heated Living Area Sq Ft: 4206
BedroomsTotal: 7
Bathrooms Full: 7
Bathrooms Partial: 1
Year Built: 1983
Garage: Carport
Architectural Style: Reverse Floor Plan, Coastal, Cottage
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, In Ground, Outdoor Pool, Private
Counter Tops: Laminate
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s)
Heating: Central, Electric, Heat Pump, Zoned
Room Type: Game Room, Loft
Construction Materials: Frame

Legal Description

Section: 3
County: Currituck
Subdivision: Corolla Village
Subdivision Name: Corolla Village Section 3
Deed Book: 573
Deed Book Page Number: 455
County Pin Number: 114B00000280003
Price Change: 3/7/2024
Block: NA
Road Surface: Gravel
Association Amenities: Ocean Access

Lot Details

Lot Size Acres: 0.46
Lot Size Square Feet: 20038
Lot Features: Level
Waterfront: 3 - lots from oceanfront (4th row)
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $4,938.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 3/8/2024
Estimated Annual Fee Amt: $200.00
Sewer: Septic Tank
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Shakes,Wood
HashTag of Units: 0
Extras: Beach Access,Cabana,Ceiling Fan(s),Covered Decks,Fenced Yard,Hot Tub,Landscaped,Outside Lighting,Outside Shower,Patio,Screened Porch,Smoke Detector(s),Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: n/a
Primary Residence: No
Street Frontage : 155
HOA Contact Info: n/a

Rental Income

Annual Rental Income: 145000
Rental Performance: 0.1137

Listing Agent Remarks

Seaside Carousel is a gem of a home! It has a very special vibe and a loyal following. It is spacious with spaces that bring together and relax the family. The warm wood gives each room a timeless feel. The screened porch, decks, amazing pool, kids pool, waterfall and cabana all flow to create an incredible outdoor experience. Don’t take my word...here is what the loyal guests who come back year after year have to say: Thank you for another great vacation. I think this was my 8th or 9th year staying at this home and have secured it for two weeks for 2024. Looking forward to being back there! - Erin M. - Lebanon, NJ - September 2023 We've already rented the same home for 2024...can't wait until we return! - Craig S. - August 2023 I love this house and have always raved about the amenities and how well equipped it is. There are spaces where all of us could sit and play games together, but also multiple places to "space out" when we needed individual quiet time! The covered screened porch is a fabulous place to hang out and play games. - Kathleen D. - Midlothian, VA - May 2023 We have been at this property for 3 years now....and will likely book again next summer. Everyone we talked to was so kind and helpful....that is something that will keep us coming back. Thank you from my entire family. - Mark S. - May 2023 100/100 would stay at this house again. It's wonderful! Absolutely will check your company for our next trip down. Truly a fabulous house. Hope to be able to use it again! - Rhonda D. - September 2022 I've been renting this property for years and I will continue to do so. My Family and friends enjoy the home too and we have so many wonderful memories here! I'd love to be able to rent it in the winter months to get away from the Jersey snow! Thanks again and looking forward to next year already! - Erin M. - September 2022 This house was in a great location and had everything we needed for a perfect family vacation. Really couldn't have been better. Thank you!!! - Alix D. - June 2022 We have stayed in the house many times and continue to love spending time there. - Margaret G. - Winston Salem, NC - May 2022 This is our fifth year in Seaside Carousel and we absolutely love this house! This year we were very pleased with all the upgrades the owners made. This house has always been well stocked with plenty of amenities which makes it a wonderful place to stay! We will continue to stay at this house every year! - Kathleen D. - Modlothian, VA - May 2022 Ask for the rental history and projections! Hurry!

Directions

North on Duck Road to Corolla Village. Turn right on Schoolhouse Lane. The road will be become packed dirt. The house is on the 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 1108 Schoolhouse Lane in Corolla is provided courtesy of Carolina Designs Realty C: 252-573-9503. 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 1108 Schoolhouse 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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