Listing Details For 1133 Franklyn Street in Corolla
Closing Price:
$1,750,000
$1,750,000
1133 Franklyn Street,
Corolla, NC 27927
7 bd
6 ba
5353 sq ft
MLS #: 90579
Status: Closed
Sold Details
Status: Closed
Sold Price: $1,637,500.00
Closing Date: 4/29/2016
Contract Date: 1/4/2016
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 129
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 129
Cumulative Days On Market: 129
Listing Price: $1,750,000
Original Listing Price: $1,750,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 4/30/2016
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 5353
Asking Price Per SqFt: $327.00
Heated Living Area Sq Ft: 5353
BedroomsTotal: 7
Bathrooms Full: 6
Bathrooms Partial: 1
Year Built: 1997
Garage: Attached
Garage Sq Ft: 280
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator, Range/Oven, Washer, Wall Oven
Roof: Asphalt
Parking: Underground
Foundation: Piling
Pool: Yes
Pool Type: Association
Pool Features: Association
Builder Name: Hunter
Counter Tops: Corian
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Wet Bar, Walk-In Closet(s)
Heating: Central, Electric, Heat Pump, Zoned
Room Type: Sun/Florida Room
Flooring: Carpet, Ceramic Tile, Tile, Vinyl, Wood
Construction Materials: Frame, Wood Siding
Legal Description
County: Currituck
Subdivision: Corolla Light
Subdivision Name: Corolla Light PUD
Deed Book: 0755
Deed Book Page Number: 0905
County Pin Number: 115B00001060000
Price Change: 4/29/2016
Road Surface: Paved, Private
Association Amenities: Board Walk, Clubhouse, Common Area, Gated, Fitness Center, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Park, Racquetball, Sound Access
Lot Details
Total Assessed Value: 1599000
Lot Size Square Feet: 8100
Lot Features: Level
Waterfront: Ocean Front
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2015
Annual Property Taxes: $8,080.00
Home Oner Insurance Expense: 8200
Flood Zone: X
Flood Insurance Expense: 4908
Water Source: Municipal
Yearly Water Expense: 2049
Other Yearly Expense: 950000
Pool Or Spa Expense: 1200
Yearly Elecric Expense: 2561
Yearly Telephone Expense: 585
Yearly Cable Tv Expense: 1861
Contract Status Change Date: 4/30/2016
Estimated Annual Fee Amt: $3,232.00
Sewer: Public Sewer
Association Fee Includes: Electricity, Common Insurance, Maintenance Grounds, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
Association Fee Yes or No: Yes
Financials
Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Ceiling Fan(s),Elevator,Hot Tub,Landscaped,Screened Porch,Smoke Detector(s),Sun Deck
Primary Residence: No
Rental Income
Annual Rental Income: 150000
Rental Performance: 0.0916
Listing Agent Remarks
This is the oceanfront home you have been looking for. Well-built and spacious, it is a state of the art property in the northern banks's most lauded resort community. Built by Pete Hunter, this 5300 square foot beauty boasts seven bedrooms most of them suites. Inside are numerous gathering spaces – a first floor game room, a second floor sunroom with wet-bar & fireplace and, on the upper level, there is another cozy sunroom, a screened-in porch plus a sitting loft for wave watching. From the time you enter the front door and see the grand oak staircase, you will realize that this is not the typical beach house. Quality radiates from every detail. There are gleaming hardwood floors, an elevator, enclosed garage and a whole-house audio system. The gourmet kitchen has a huge center island, breakfast bar, icemaker, and designer cabinets. To handle large gatherings, there are double sinks, double dishwashers, double microwaves, two refrigerators and more. Beyond creature comforts, the house is solidly built. Hardiplank cement siding and vinyl railings provide superior appearance and are nearly maintenance-free. The windows are fitted with removable storm shutters that are easily attached for protection from the weather. Numerous decks provide views of the ocean and of the Currituck Lighthouse. A walkway leads from the house over the dune to the wide beaches of Corolla Light. The current owners have been meticulous about upkeep and have recently installed new HVAC systems and painted throughout. Because this house was used almost exclusively by the owner family with a limited rental schedule, it has stayed in pristine condition and has many decorative touches. Oceanfront homes of this quality and in this condition are rare. Investors take note: the rental potential for this home makes it a top financial performer: the in-season weeks rent for $10,800 and 25-plus weeks of yearly occupancy can be expected. At this price point, this home will be a dream come true for the discriminating buyer looking for a special vacation home or an investment.
Directions
Hwy 12 N, turn right on Austin Street, left on Franklyn Street, go all around till you get to Oceanfront homes - 106 is oceanfront.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 1133 Franklyn Street in Corolla is provided
courtesy of Brindley Beach Vacations & Sales-Corolla C: 252-453-3033. 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 1133 Franklyn Street in Corolla is no longer available for sale.
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