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The smoothest real estate transactions are financed by Local OBX Lenders. They offer competitive mortgage rates and can compete with any other lender. They, and more importantly their underwriters, understand the complexity of buying an income producing vacation rental house being sold fully furnished, as compared to the typical residential home purchase. This saves you last minute complications and costs!

Listing Details For 775 Bayberry Court in Corolla


MLS #: 82040
775 Bayberry Court
Corolla, NC 27927
Selling Price: $390,000
Asking Price: $409,000
Closing Date: 5/29/2014
Status: Sold CO OP by Member
Status Date: 5/30/2014



Listing Information

HeadlinePrivate Pool Hot Tub Gameroom
AreaCorolla Oceanside
Beds6
Full Baths4
Partial Baths1
Asking Price$409,000
Price Date5/30/2014
Original Asking Price$419,000
Price Per Square Foot$172
Days On Market125
Cumulative Days On Market311
Days On MLS125
Cumulative Days On MLS311
Listing Date1/24/2014
Listing TypeExclusive Right Sell
Input Date Date1/24/2014
Update Date5/30/2014 11:50:00 AM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
ClassRESIDENTIAL
StyleReverse Floor Plan,Coastal
Year Built2003
Heated Living Area2372
Air ConditoningCentral
HeatingHeat Pump
AppliancesDishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer
Interior FeaturesCathedral Ceiling(s),Dryer Connection,Gas Connection,Gas Fireplace,Master Bath,Washer Connection
ExtrasBeach Access,Ceiling Fan(s),Common Laundry Area,Covered Decks,Hot Tub,Outside Lighting,Outside Shower,Sun Deck
Floor CoveringsCarpet,Ceramic Tile,Vinyl
AppliancesDishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer
ConstructionFrame
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeIn Ground,Private
ExteriorVinyl
FoundationPiling
Optional RoomsFoyer,Game Room,Loft

Lot Details & Legal Description

Address775 Bayberry Court
SubdivisionOcean Sands
CountyCurrituck
CityCorolla
StateNC
Zip27927-
Deed Page232
Deed Book1200
Doc Timestamp4/12/2014 1:05:00 PM
Pin Number126A0000094000L
Tax Database ID3
Tax Property ID126A0000094000L
Lot DescritionCul-de-sac,Level
Distance To WaterMore than 5th r
ZoningRes
Flood ZoneAE
ParkingPaved,Under
RoadsPaved
Association AmenitiesOcean Access

Property Expenses & Utilities

If the seller of this property located at 775 Bayberry Court in Corolla has provided the expenses, you will see them below, as provided by the listing agent. If there are no expenses listed, give Shore Realty of the OBX a call and let us do the research for you. It helps to know! Local 252-441-3416 or 800-647-1868. OBX Local experts here to help you!

Association Fee Y/NYes
Annual Association Fee$380
Association Fee IncludesManagement,Walkways
Tax Year2013
Property Taxes$2,528
Flood Insurance$2,115
Hazard Insurance$2,032
Yearly Cable Expense$300
Yearly Electrical Expense$2,200
Yearly Telephone Expense$300
Water SourceMunicipal
Yearly Water Expense$1,100
Other Expenses$250
Septic Disposal SystemCommunity Septic
Pool/Spa Expense$2,700

Financial's

Rental Cottage NameOcean Sands Escape
Rental Cottage #71-L
Rental Turnover DaySat
Finance OptionsCash,Conventional
Furniture Available ?Yes
Furniture Price/Bill Of Sale Amount$1
PossessionAt Closing
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count8

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 775 Bayberry Court is used as a vacation rental home or as a year round rental, you will see the income listed below if provided by the seller's agent. A lack of rental numbers does not necessarily mean the property is not rented out. For more call 800-647-1868 and we can get you the actual rental numbers.

Yearly Income Actual/EstimatedActual
Gross Annual Rental Income$33,105
Gross Income 2013 $$33,105
Gross Income Year To Date$30,255

Listing Agent Remarks

Beautiful, well maintained tastefully decorated coastal home with all the amenities needed for a great vacation and/or second home. Open flowing floor plan featuring large dining room with seating for 10 and additional seating for 4 at kitchens raised bar. Well appointed kitchen with pantry makes meal time a breeze. Living area features cathedral ceilings, gas fireplace with tile surround, built in TV nook, and upper loft area with seating for 4. Two very roomy master suites, 5 of the bedrooms have sliders out to spacious deck areas inviting you to stretch out and relax. Keep everyone entertained in the downstairs game room equipped with pool table or take a splash in the private in ground pool or soak in the hot tub after a great day at the beach. Private bathroom on this level with door out to pool and hot tub area with maintenance free vinyl pool fencing and plenty of concrete for lounge chairs. You will love this home, enjoy easy access to local attractions including grocery stores, local restaurants, shopping and just a short walk or bike ride to the beach access. Consistent rental income! New upstairs HVAC unit in 2013, New Living Room furniture in 2012.

Directions

NC 12 to Section L - East on Driftwood Way, left onto Sunrise Lane, left onto Bayberry Court

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 775 Bayberry Court in Corolla is provided courtesy of Nicole Walsh of William E. Wood & Assoc. - OBX. 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 775 Bayberry Court 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.

Schools

The school systems on the Outer Banks are never lacking for money. With most of the property owners living out of town, there is a disproportionate amount of tax money available to the schools, the result is lots of money spent per pupil.

We have 2 county school systems on the OBX, the Currituck County School System for residents of Corolla and the Currituck Mainland AND the Dare County School System for residents of the beach's from Duck south through Nags Head to Hatteras Island, Manteo and the Dare County Mainland.

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.




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