Listing Details For 1251 Atlantic Avenue in Corolla
MLS #: 103508
1251 Atlantic Avenue
Corolla, NC 27927 | Asking Price: $2,299,000
Status: Active
Status Date: 2/1/2019 |
Listing Information
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| Headline | Positive Cash Flow! |
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| | Original Asking Price | $2,350,000 |
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| Total Tax Assessed Value | $1,614,700 |
| | Land Tax Assessd Value | $1,068,300 |
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| Price Per Square Foot | $460 |
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| Cumulative Days On Market | 202 |
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| Listing Type | Exclusive Right Sell |
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| Update Date | 8/20/2019 3:27:01 PM |
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Building Details
| Type | Single Family - Detached |
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| Style | Reverse Floor Plan,Nags Head,Coastal |
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| | Air Conditoning | Heat Pump,Zoned |
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| Heating | Electric,Heat Pump,Zoned |
| | Appliances | Dishwasher,Dryer,Microwave,Range/Oven,Refrigerator w/Ice Maker,Washer,2nd Dishwasher,2nd Refrigerator |
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| Interior Features | Cathedral Ceiling(s),Dryer Connection,Gas Connection,Gas Fireplace,Ice Maker Connection,Master Bath,Pantry,Some Windows Treated,Washer Connection,Wet Bar,First Floor Master |
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| Extras | Beach Access,Boardwalk to Beach,Ceiling Fan(s),Elevator,Hot Tub,Landscaped,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck,Tiki Bar |
| | Floor Coverings | Carpet,Ceramic Tile,Hardwood,Engineered Wood |
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| Appliances | Dishwasher,Dryer,Microwave,Range/Oven,Refrigerator w/Ice Maker,Washer,2nd Dishwasher,2nd Refrigerator |
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| | Roof | Asphalt/Fiber Shingle |
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| | Pool Type | Outdoor,In Ground,Concrete,Custom,Private Pool |
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| | Optional Rooms | Foyer,Game Room,Pantry,Home Theater,Media Room |
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Lot Details & Legal Description
| Address | 1251 Atlantic Avenue |
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| | Full Subdivision Name | Ocean Hill & Improvements |
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| Doc Timestamp | 8/5/2019 5:49:00 PM |
| | Pin Number | 114C00000390001 |
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| | Lot Size/Dimensions | 110x350 |
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| Lot Descrition | Beach Frontage,Corner,Cul-de-sac,Level,Water Frontage |
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| Distance To Water | Oceanfront |
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| | Parking | Paved,Reserved,Off Street |
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| | Association Amenities | Ocean Access |
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Property Expense & Utilities
If the seller of this property located at 1251 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!
| | Annual Association Fee | $290 |
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| Association Fee Includes | Management,Road Maintenance |
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| Septic Disposal System | Private Septic |
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Financial's
| Rental Cottage Name | Beach Plaza |
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| | Rental Turnover Day | Saturday |
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| Finance Options | Cash,Conventional,Non-conforming/Jumbo,Jumbo Loan |
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| Furniture Price/Bill Of Sale Amount | $1 |
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| Potential Short Sale Y/N | No |
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| Associated Document Count | 7 |
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Rental Income
This section will only apply to homes already in a some type of rental program. If the property located at 1251 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
Exceptional oceanfront investment opportunity. Custom built in 2012 by Olin Finch with attention to every detail. 10 master suites with 2 on the top level. The entire home was professionally decorated. Large gourmet kitchen with double of every appliance! This home has every amenity you could possibly want with an elevator, theater room, cabana, over sized hot tub, game room with kitchenette and more! The large oceanfront deck offers exceptional views. Fantastic investment opportunity with strong rental history consistently at $260,000 per year. Ideal to enjoy family vacations. Please request financial information.
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 1251 Atlantic Avenue in Corolla is provided courtesy of Edith Rowe of Brindley Beach Vacations-Main. 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 1251 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.
For Immediate Service
252-441-3416 (Local OBX)
800-647-1868 (Toll Free)
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