Listing Details For 1256 Atlantic Avenue in Corolla

Closing Price:
$1,399,000
1256 Atlantic Avenue, Corolla, NC 27927
5 bd
4 ba
2963 sq ft
MLS #: 125419
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,307,500.00
Closing Date: 7/8/2024
Off Market Date: 5/14/2024
Contract Date: 5/21/2024
Seller Concessions: Yes
Concession Comments: Seller gave $2,000 credit to buyer & replaced drain field @$6,300
Total Days on Market:
Cumulative Days on Market: 29
Due Diligence Date: 6/11/2024

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 29
Cumulative Days On Market: 29
Listing Price: $1,399,000
Original Listing Price: $1,399,000
Possession: Subject To Tenant Rights
Short Sale: No
Price Date: 7/9/2024
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2963
Total Living Area Sq Ft: 2963
Asking Price Per SqFt: $472.00
Heated Living Area Sq Ft: 2963
BedroomsTotal: 5
Bathrooms Full: 4
Bathrooms Partial: 1
Year Built: 1997
Garage: Carport
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dishwasher, Dryer, Indoor Grill, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
Roof: Asphalt
Parking: Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Outdoor Pool, In Ground, Vinyl, Private
Builder Name: Kenny Reid - Shoreline
Counter Tops: Laminate
Cooling: Heat Pump, Zoned
Interior Features: Beamed Ceilings, Cathedral Ceiling(s)
Heating: Electric, Forced Air, Heat Pump, Zoned
Room Type: Foyer
Flooring: Carpet, Tile, Vinyl
Construction Materials: Frame, Wood Siding

Legal Description

Section: 1
County: Currituck
Subdivision: Ocean Hill
Deed Book: 1339
Deed Book Page Number: 448
County Pin Number: 114C00000460001
Price Change: 7/8/2024
Road Surface: Paved, Private
Association Amenities: Ocean Access

Lot Details

Lot Size Acres: 0.46
Lot Size Dimensions: 100' x 200'
Lot Size Square Feet: 20000
Lot Features: Cul-De-Sac, Level
Lot Faces: East
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2024
Annual Property Taxes: $5,750.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 7/9/2024
Estimated Annual Fee Amt: $750.00
Sewer: Septic Tank
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Vinyl
Extras: Fenced Yard,Hot Tub,Jet Tub,Outside Shower,Screened Porch,Smoke Detector(s),Sun Deck,Dry Entry
Fuel Tanks: Leased
HOA Contact Name: Ocean Hill Asoc Consultants
Primary Residence: No
HOA Contact Info: 252-500-0100

Rental Income

Annual Rental Income: 108885
Rental Performance: 0.0833
Owner Rental Income 2024 Amount: 83450
Avertised Income 2024 Amount: 90210
Owner Renatl Income 2023 Amount: 80967
Avertised Income 2023 Amount: 88130
Owner Renatl Income 2022 Amount: 78468
Avertised Income 2021 Amount: 86839

Listing Agent Remarks

A Semi-Oceanfront house with stunning Ocean Views in a very private setting awaits you! This solidly built and well maintained 5 bedroom home is located near the end of Atlantic Avenue in the peaceful community of the Estates of Ocean Hill. It sits on a huge 20,000 square foot (nearly 1/2 an acre) lot away from any traffic and 100' to the beach access. Take in the beauty of the ocean from the living room and decks - it never gets old!! Miss Peaches would love it here! All available weeks are rented!! The great room is spacious and incorporates a large living area, 2 separate dining areas and a good sized kitchen with a large island. Off the dining area is a screen porch and decking with views of the Ocean and the Currituck Lighthouse. Upstairs is a large ensuite bedroom with jetted tub and separate shower stall. Middle level of the home has 4 bedrooms (2 are en-suites) and 3 baths along with a large den. There is an oceanside deck off the den and one of the en-suite bedrooms. There is also a large west side deck overlooking the 16' x 36' pool. The oversized, heated, pool, hot tub and volley ball area all add to the outdoor enjoyment of a private oasis! Updates include (more on docs): 2021 House re-sided with low maintenance vinyl, 2016 Roof, HVAC's '16 & '18, Decks '18 & 19, Hot tub '23, Pool liner & heater '18 and more in associated documents. No poly pipes ever in this house! Note the seller only rents the Memorial through Labor Day. Twiddy's projection shows the possibility of a full year.

Directions

North on Ocean Trail right at Coral Lane, and left onto Atlantic Avenue. House is near the end of the road

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 1256 Atlantic Avenue in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-202-2173. 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 1256 Atlantic Avenue 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.

Looking for more info about this property or another OBX properties?

We can answer all your questions. Call DIRECT 800-647-1868 or fill out this form and let us know what you need, so we can start to help. It is easier than you think.
Level of Interest
For Immediate Service
252-441-3416 (Local OBX)
800-647-1868 (Toll Free)