Shore Realty Outer Banks Home Sales

Listing Details For 505 Ocean Way in COROLLA

MLS #: 90344
505 Ocean Way
Asking Price: $758,000
Status: Active
Status Date: 5/3/2017

Listing Information

AreaCorolla Oceanside
Full Baths4
Partial Baths0
Asking Price$758,000
Price Date11/23/2015
Original Asking Price$758,000
Total Tax Assessed Value$629,100
Land Tax Assessd Value$420,000
Price Per Square Foot$321
Days On Market681
Cumulative Days On Market681
Listing Date11/23/2015
Listing TypeExclusive Right Sell
Input Date Date11/23/2015
Update Date10/4/2017 4:59:00 PM
Sale Or RentFor Sale
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
StyleReverse Floor Plan
Year Built1989
Heated Living Area2364
Air ConditoningHeat Pump
HeatingHeat Pump
Floor CoveringsCarpet,Tile
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypePrivate Pool

Lot Details & Legal Description

Address505 Ocean Way
Unit/Lot #Lot 31
SubdivisionOcean Sands
Full Subdivision NameOcean Sands South
Deed Page992
Deed Book531
Doc Timestamp10/4/2017 4:59:00 PM
Pin Number126A0000031000A
Tax Database ID3
Tax Property ID126A0000031000A
Lot DescritionCul-de-sac,Level
View DescriptionOcean
Distance To WaterSemi-Oceanfront
Flood ZoneX

Property Expense & Utilities

If the seller of this property located at 505 Ocean Way 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$100
Tax Year2015
Property Taxes$3,319
Flood Insurance$1,987
Yearly Cable Expense$1,400
Yearly Electrical Expense$2,800
Yearly Telephone Expense$650
Water SourceMunicipal
Yearly Water Expense$780
Septic Disposal SystemPrivate Septic


Rental Cottage NameOasis
Rental Cottage #7975
Rental Turnover DaySat
Finance OptionsCash,Conventional
Furniture Available ?Yes
Furniture Price/Bill Of Sale Amount$1
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count5

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 505 Ocean Way 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.

Listing Agent Remarks

REMODELED KITCHEN! GRANITE COUNTERS! This gorgeous semi-oceanfront is the one to see! A large 16x24 pool, just steps to the beach and the ocean views are what you'll love most! In a prime location in Ocean Sands, the large lots mean fewer homes, less people and more space on the beach! The home features 5 bedrooms, 3 of which are masters, 4 bathrooms, a spacious living area, lots of windows to enjoy the ocean views, plenty of sundecks, and of course the pool and hot tub! The Corolla bike path stretches for miles, great for that evening bike ride or an early morning run. Plus you've got dining, shopping and entertainment just minutes to the north in Corolla and minutes to the south in Duck. Not to mention the world class Sanderling Spa is just minutes away and if you need a golf fix, The Currituck Club is close by too!


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 505 Ocean Way in COROLLA is provided courtesy of Randy Jones of Resort Realty - NH. 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 505 Ocean Way 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.


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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