Shore Realty Outer Banks Home Sales

Listing Details For 1124 Gray Court in Corolla

MLS #: 93100
1124 Gray Court
Corolla, NC 27927
Asking Price: $499,900
Status: Active
Status Date: 7/14/2016

Listing Information

AreaCorolla Oceanside
Full Baths4
Partial Baths1
Asking Price$499,900
Price Date7/14/2016
Original Asking Price$499,900
Price Per Square Foot$167
Days On Market249
Cumulative Days On Market706
Listing Date7/14/2016
Listing TypeExclusive Right Sell
Input Date Date7/14/2016
Update Date3/14/2017 8:45:00 PM
Sale Or RentFor Sale
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
StyleReverse Floor Plan
Year Built1994
Heated Living Area3000
Air ConditoningCentral,Heat Pump
HeatingCentral,Heat Pump
AppliancesDishwasher,Dryer,Microwave,Range/Oven,Refrigerator w/Ice Maker,Washer,2nd Refrigerator
CountertopsSolid Surface
ExtrasCeiling Fan(s),Covered Decks,Fenced Yard,Hot Tub,Jet Tub,Landscaped,Outside Shower,Smoke Detector(s),Sun Deck,Whirlpool/Spa
Floor CoveringsCarpet,Ceramic Tile
AppliancesDishwasher,Dryer,Microwave,Range/Oven,Refrigerator w/Ice Maker,Washer,2nd Refrigerator
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeOutdoor,In Ground,Fiberglass,Private Pool,Association Pool
ExteriorCement Fiber Board
Living Room Level 3
Kitchen Level 3
Dining Room Level 3
Family Room Level 2
Game Room Level 1
Optional RoomsFoyer,Game Room,Media Room

Lot Details & Legal Description

Address1124 Gray Court
Unit/Lot #Lot 10
SubdivisionCorolla Light
Full Subdivision NameCorolla Light PUD
Deed Page0224
Deed Book1145
Doc Timestamp3/14/2017 8:41:00 PM
Pin Number115B00000100000
Tax Database ID3
Tax Property ID115B00000100000
Lot DescritionCul-de-sac
Distance To WaterNone
Association AmenitiesClubhouse,Gated Community,Health Club,Indoor-Comm. Pool,Ocean Access,Outdoor-Comm. Pool,Outdoor-Comm. Tennis,Park,Playground,Sound Access,Board Walk

Property Expense & Utilities

If the seller of this property located at 1124 Gray 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$3,232
Association Fee IncludesCommon Electric,Common Insurance,Grounds Maintenance,Management,Pool,Road Maintenance,Security,Tennis Courts,Walkways
Tax Year2015
Property Taxes$2,333
Hazard Insurance$550
Yearly Cable Expense$900
Yearly Electrical Expense$2,500
Yearly Telephone Expense$900
Water SourceMunicipal
Yearly Water Expense$600
Septic Disposal SystemMunicipal Sewer
Septic/Sewage Fee$624
Pool/Spa Expense$2,900


Rental Cottage NameRainbow's End
Rental Cottage #10
Rental Turnover DaySunday
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 1124 Gray 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.

Listing Agent Remarks

NEW FURNISHINGS ADDED SPRING 2017! OCEANSIDE 6 BEDROOM on a private cul-de-sac in Corolla Light! Rainbow's End is the perfect retreat. WITH RENTAL INCOME OF $45,000 PLUS! Nice tree line behind the home provides privacy. EXPANSIVE DECKS, PRIVATE POOL and HOT TUB in the back yard, GAME ROOM/MEDIA ROOM on the first floor, DEN on the second, and large OPEN CONCEPT LIVING AREA on the top floor ensure everyone has room to spread out and relax. The kitchen is bright and well laid out with beautiful countertops and crisp clean white cabinets. The large and inviting living room boasts high ceilings and a gas fireplace. Just outside this lovely home you are within reach to all the amenities Corolla Light has to offer as well as shops, restaurants and the historic Whalehead Club. Corolla Light is a true luxury community setting with multiple pools, tennis courts, playgrounds, bike and running paths as well as ocean and sound accesses.


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 1124 Gray Court in Corolla is provided courtesy of Tammy Russell of Beach Realty & Constr - KH. 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 1124 Gray 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.


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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