Listing Details For 121 Salt House Road in Corolla


MLS #: 103521
121 Salt House Road
Corolla, NC 27927
Asking Price: $2,375,000
Status: Active
Status Date: 2/2/2019



Listing Information

Headline10.7% ROI, turn-key
AreaCorolla Oceanside
Beds9
Full Baths9
Partial Baths3
Asking Price$2,375,000
Price Date2/2/2019
Original Asking Price$2,375,000
Price Per Square Foot$419
Days On Market160
Cumulative Days On Market3472
Listing Date2/2/2019
Listing TypeExclusive Right Sell
Input Date Date2/2/2019
Update Date7/10/2019 2:51:49 PM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
ClassRESIDENTIAL
Year Built2002
Heated Living Area5664
Air ConditoningCentral,Heat Pump
HeatingCentral,Heat Pump
AppliancesCountertop Range,Dishwasher,Dryer,Microwave,Refrigerator w/Ice Maker,Wall Oven,Washer,2nd Dishwasher,2nd Refrigerator
Interior FeaturesCathedral Ceiling(s),Gas Fireplace,Master Bath
ExtrasBeach Access,Boardwalk to Beach,Covered Decks,Elevator,Hot Tub,Outside Shower,Inside Laundry Room
AppliancesCountertop Range,Dishwasher,Dryer,Microwave,Refrigerator w/Ice Maker,Wall Oven,Washer,2nd Dishwasher,2nd Refrigerator
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeIn Ground,Concrete,Private Pool
ExteriorCement Fiber Board
FoundationPiling
Optional RoomsGame Room,Office,Home Theater

Lot Details & Legal Description

Address121 Salt House Road
Unit/Lot #Lot 262
SubdivisionPine Island Pud
CountyCurrituck
CityCorolla
StateNC
Zip27927
Deed Page228
Deed Book991
Doc Timestamp7/10/2019 2:51:00 PM
Pin Number127C00002620000
Lot Square Feet17600
View DescriptionOcean,Sound
Distance To WaterOceanfront
Zoningres
Flood ZoneX
RoadsPaved
Association AmenitiesOutdoor-Comm. Pool

Property Expense & Utilities

If the seller of this property located at 121 Salt House Road 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$3,036
Association Fee IncludesPool,Road Maintenance,Sewer/Septic
Tax Year2018
Property Taxes$9,791
Hazard Insurance$2,482
Yearly Cable Expense$2,452
Yearly Electrical Expense$6,500
Water SourceMunicipal
Yearly Water Expense$1,500
Septic Disposal SystemCommunity Septic
Pool/Spa Expense$2,700

Financial's

Rental Cottage NameSunrise Symphony
Rental Cottage #E262
Rental Turnover DaySunday
Finance OptionsCash,Conventional,Non-conforming/Jumbo
Furniture Available ?Yes
Bill Of Sale?No
Furniture Price/Bill Of Sale Amount$1
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count5

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 121 Salt House Road 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

Luxury oceanfront investment property in one of the most desirable communities in Corolla. Over 255k in gross income in 2018, this property has one of the highest rental return rates of any home in Corolla. All of the major sytems (roof, HVAC, appliances, pool) have been replaced or upgraded in the past three years. Everything is done for you, including a decor and furniture upgrade in 2019. The owners have been meticulous about home upkeep, and it shows when you tour the home. All you need to do is call it yours and let the income roll in. Nine bedrooms, nine full bathrooms, three half baths, elevator, pool, hot tub, game room, media room, office and more, with pristine and panoramic views of the ocean AND the sound. X-flood zone, so flood insurance is not required! The ground level features four master bedrooms, game room, kitchenette, powder room and laundry room. The game room has sliders that open up to the fenced-in pool deck, large pool, hot tub and outside showers. The mid-level features four more master bedrooms, ocean and sound views, and a large theatre room. The top level showcases the amazing ocean and sound views, sunrises and sunsets. There is a master bedroom on this level, with ocean views and a large, well-appointed master bathroom with ocean and sound views. The gourmet kitchen features granite countertops, stainless steel appliances, double ovens, two dishwashers, and a large island for extra prep space and seating. The kitchen opens up to the great room with cathedral ceilings and ample windows to showcase the views and let in natural light. The large dining area has views of the ocean and of the Currituck Sound that spans for miles over the undeveloped land to the west. There is a powder room and an office area with views also on this level. Over

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 121 Salt House Road in Corolla is provided courtesy of Jeanne-Marie DeStefano. 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 121 Salt House Road 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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