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Listing Details For 665 Ocean Lake Trail in Corolla

Closing Price:
$549,000
665 Ocean Lake Trail, Corolla, NC 27927
7 bd
6 ba
2942 sq ft
MLS #: 95370
Status: Closed

Sold Details

Status: Closed
Sold Price: $525,000.00
Closing Date: 6/1/2017
Contract Date: 4/18/2017
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 50

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 50
Cumulative Days On Market: 50
Listing Price: $549,000
Original Listing Price: $549,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 6/1/2017
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2942
Asking Price Per SqFt: $187.00
Heated Living Area Sq Ft: 2942
BedroomsTotal: 7
Bathrooms Full: 6
Bathrooms Partial: 1
Year Built: 2002
Garage: Carport,None
Architectural Style: Coastal, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, Fiberglass, Indoor, Private
Counter Tops: Laminate,Solid Surface
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar
Heating: Central, Forced Air, Heat Pump, Zoned
Room Type: Game Room
Flooring: Carpet, Hardwood, Parquet, Tile
Construction Materials: Frame, Wood Siding

Legal Description

Section: O
County: Currituck
Subdivision: Ocean Sands
Subdivision Name: Ocean Sands
Deed Book: 664
Deed Book Page Number: 591
County Pin Number: 126A0000069000O
Price Change: 5/31/2017
Road Surface: Paved
Association Amenities: Common Area, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis

Lot Details

Lot Size Square Feet: 7000
Lot Features: Adj. To Common Area, Level
Lot Faces: West
Waterfront: 4 - lots from oceanfront (5th row)
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2016
Annual Property Taxes: $3,068.00
Flood Zone: AE
Water Source: Municipal
Contract Status Change Date: 6/1/2017
Estimated Annual Fee Amt: $950.00
Sewer: Shared Septic
Association Fee Includes: Building Maintenance, Electricity, Common Insurance, Flood Insurance, Maintenance Grounds, Management, Pool, Tennis Courts, Taxes, Water, Walkways
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Ceiling Fan(s),Covered Decks,Hot Tub,Landscaped,Outside Shower,Smoke Detector(s)
HOA Contact Name: Bob Defazio
Primary Residence: No

Rental Income

Annual Rental Income: 59210
Rental Performance: 0.1128

Listing Agent Remarks

High Income generator! 59k annual income and room to grow! This seven bedroom home consistently generates a significant income. Right around the corner from the beach access, community pool and tennis courts. Exterior and interior repainted along with some new furniture and flooring. This investment property is "Turn Key" and ready to go. The income should be higher as many of the upgrades were done after the rental schedule was produced for the year. Close to all the amenities in Corolla, Grocery store, shops, golfing, and more. The owners have cared for this property and it clearly shows.

Directions

Heading north in Corolla turn in Sections HIJO bear left at the bend. Property on the right

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 665 Ocean Lake Trail in Corolla is provided courtesy of Surfside Realty tim@surfsideouterbanks.com. 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 665 Ocean Lake Trail in Corolla is no longer available for sale.

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