Shore Realty Outer Banks Home Sales

Listing Details For 1221 Atlantic Avenue in Corolla


MLS #: 97995
1221 Atlantic Avenue
Corolla, NC 27927
Asking Price: $2,499,000
Status: Active
Status Date: 10/4/2017



Listing Information

HeadlineMassive Ocean Hill Oceanfront
AreaCorolla Oceanside
Beds10
Full Baths9
Partial Baths2
Asking Price$2,499,000
Price Date10/4/2017
Original Asking Price$2,499,000
Price Per Square Foot$451
Days On Market70
Cumulative Days On Market816
Listing Date10/4/2017
Listing TypeExclusive Right Sell
Input Date Date10/4/2017
Update Date12/13/2017 2:45:00 PM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
ClassRESIDENTIAL
StyleReverse Floor Plan,Coastal
Year Built2003
Heated Living Area5540
Air ConditoningHeat Pump,Zoned
HeatingElectric,Heat Pump,Zoned
AppliancesCountertop Range,Dishwasher,Dryer,Ice Machine,Microwave,Refrigerator w/Ice Maker,Wall Oven,Washer,2nd Dishwasher,2nd Refrigerator
GarageNone
Interior FeaturesAll Window Treatments,Cathedral Ceiling(s),Dryer Connection,Gas Connection,Gas Fireplace,Ice Maker Connection,Master Bath,Pantry,Washer Connection,Wet Bar
CountertopsGranite,Laminate
ExtrasBeach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Elevator,Hot Tub,Jet Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Security System,Smoke Detector(s),Sun Deck
Floor CoveringsCarpet,Tile,Wood,Hardwood
AppliancesCountertop Range,Dishwasher,Dryer,Ice Machine,Microwave,Refrigerator w/Ice Maker,Wall Oven,Washer,2nd Dishwasher,2nd Refrigerator
BuilderOlin Finch
ConstructionFrame,Wood
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeOutdoor,In Ground,Fiberglass,Private Pool
ExteriorCement Fiber Board
FoundationPiling,Slab
Optional RoomsFoyer,Game Room,Library/Study,Home Theater
Virtual TourFoyer,Game Room,Library/Study,Home Theater

Lot Details & Legal Description

Address1221 Atlantic Avenue
Unit/Lot #Lot 24
SubdivisionOcean Hill
CountyCurrituck
CityCorolla
StateNC
Zip27927
Deed Page670
Deed Book1058
Doc Timestamp12/13/2017 2:44:00 PM
Pin Number114C00000240001
Tax Database ID3
Tax Property ID114C00000240001
Lot Square Feet35000
Lot DescritionBeach Frontage,Level
View DescriptionOcean
Distance To WaterOceanfront
ZoningRes
Flood ZoneVE
ParkingPaved
RoadsPaved,Private
Association AmenitiesOcean Access

Property Expense & Utilities

If the seller of this property located at 1221 Atlantic Avenue 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$280
Association Fee IncludesManagement,Road Maintenance,Walkways
Tax Year2016
Property Taxes$8,408
Water SourceMunicipal
Septic Disposal SystemPrivate Septic

Financial's

Rental Cottage NameLegend of Atlantis
Rental Cottage #NO24
Rental Turnover DaySaturday
Finance OptionsCash,Conventional,Jumbo Loan
Furniture Available ?Yes
Bill Of Sale?Yes
Furniture Price/Bill Of Sale Amount$1
PossessionAt Closing
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count6

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 1221 Atlantic Avenue 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

Reduced $100,00! & with gross income of $253,640 it won't last! Outstanding 10 bedroom home in much sought after peaceful, beautiful Ocean Hill. Curb appeal starts with well manicured landscaping. Ocean views from top and middle levels along with beach views are just beautiful! 5,500 sq.ft. of living was custom built by Olin Finch, known for his attention to details. The open concept living area offers walls of windows, cathedral ceiling, hardwood flooring and comfortable living space and the elevator brings it all to you. The tiled kitchen has granite counter tops, dual stainless appliances, beautiful wood cabinets, and a large island for entertaining. The dining area with its custom table for 20, has amazing views looking up the length of the beach. There are 2 King MBRs on this level. On the mid level is the central den, large enough to be considered a 2nd living room also gives you incredible views. In addition to 4 master bedrooms there is the theater room outfitted with tiered comfortable seating for 10. On the ground level is the loaded rec room with pool table, foosball and game table and kitchenette with refrigerator, dishwasher & microwave. The space continues outside to the large pool area; hot tub on a raised deck for...views of the ocean! From here is your private walkway with dune deck leading to your pristine beach! The Sellers are very proactive with their care and maintenance of the house which is indicative in the rents they receive every year. Buy now to capture a proration of $249,850 in rental income!! check out video by clicking on the Virtual Tour Button or cut and paste - https://youtu.be/p-5qy9o6Gyw

Directions

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 1221 Atlantic Avenue in Corolla is provided courtesy of Eddie Kavanaugh of Corolla Real Estate. 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 1221 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.

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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