Listing Details For 931 Corolla Drive in Corolla


MLS #: 118507
931 Corolla Drive
Corolla, NC 27927
Asking Price: $999,999
Status: Active
Status Date: 5/23/2022



Listing Information

HeadlinePristine Remodeled 4 Lots OF
AreaCorolla Oceanside
Beds4
Full Baths3
Partial Baths0
Asking Price$999,999
Price Date4/16/2022
Original Asking Price$999,999
Price Per Square Foot$548
Days On Market146
Cumulative Days On Market146
Listing Date4/16/2022
Listing TypeExclusive Right Sell
Input Date Date4/16/2022
Update Date6/26/2022 8:08:09 PM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
ClassRESIDENTIAL
StyleReverse Floor Plan,Coastal
Year Built1987
Heated Living Area1824
Air ConditoningCentral,Heat Pump
HeatingCentral,Heat Pump
AppliancesDishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer,2nd Refrigerator
GarageCarport
Interior FeaturesAll Window Treatments,Dryer Connection,Washer Connection
CountertopsGranite,Wood
ExtrasCeiling Fan(s),Covered Decks,Gazebo,Landscaped,Outside Shower,Smoke Detector(s),Sun Deck
Floor CoveringsCarpet,Tile,Engineered Wood
AppliancesDishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer,2nd Refrigerator
ConstructionFrame
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeIn Ground,Fiberglass,Private Pool
ExteriorLap Siding
FoundationPiling

Lot Details & Legal Description

Address931 Corolla Drive
Unit/Lot #Lot 56
SubdivisionWhalehead Club
Full Subdivision NameWhalehead Club /115A
CountyCurrituck
CityCorolla
StateNC
Zip27927
Deed Page266
Deed Book1068
Doc Timestamp5/31/2022 7:21:00 PM
Pin Number115A00000560009
Lot Square Feet20000
Lot Size/Dimensions100 x 200
Lot Faces.46
Street Frontage100
Lot DescritionLevel
Distance To Water4 - lots from o
ZoningRes
Flood ZoneX
ParkingPaved,Off Street
RoadsPaved,Public
Association AmenitiesOcean Access

Property Expense & Utilities

If the seller of this property located at 931 Corolla Drive 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/NVoluntary
Annual Association Fee$45
Tax Year2021
Property Taxes$3,130
Flood Insurance$759
Hazard Insurance$1,130
Water SourceMunicipal
Septic Disposal SystemPrivate Septic

Financial's

Finance OptionsCash,Conventional,Jumbo Loan
Furniture Available ?Yes
Furniture Price/Bill Of Sale Amount$1
PossessionAt Closing
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count7

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 931 Corolla Drive 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

Impeccable attention to detail is demonstrated in this Pristine Gorgeous Remodeled 4 lots Ocean Front 4 Bedroom, 3 Bath Whalehead Home. Finally, here is the great opportunity that you have been waiting for. It is seldom that one finds such a quality updated bright and open home that has been meticulously maintained and located this close to the ocean. Estimated OWNER Gross Rental Projection is $77,000 without a Hot Tub which is 7.7% GRI on OWNER Gross Rental Income Or $94,600 if a Hot Tub is added which is a 9.46 % GRI on OWNER Gross Rental Income. Home is located on a spacious 20,000 Sq Ft lot in the preferred Flood Zone X. The following are some of the Upgrades and Improvements that the sellers have made: 2022 replaced top and midlevel Decks and added Vinyl Railings throughout, new Air Handler and Heat Pump to be installed July 5, 2022, 2022 Painted Exterior, 2016 converted to Paved Driveway, 2014 added Shed in carport, 2013 Hot Water Heater, 2012 new Roof, 2012 All Windows were replaced with Vinyl Windows, 2012 replaced ceiling fans and light fixtures, 2012 Olin Finch Remodel that included Expanded Living area/ Kitchen on top floor, remodeled entire kitchen with beautiful quality cabinets by Cozy Kitchens, Mannington LVS Flooring, Granite counter tops, Tile Back Splash, and Stainless Steel Appliances, added Bathroom on Midlevel, Remodeled Master Bath with Tile Shower / Tile Floor and remodeled Midlevel Bath, added Outdoor Bathroom, 2010 Pool Deck was expanded and a Gazebo was constructed, new Vinyl Fence, Improved Landscaping (rock & boulders). This 4 Lots Ocean Front home is just a short distance to the beach as it is located only 3 lots to the corner. Estimated OWNER Gross Rental Projection is $94,600 if Hot Tub is added which is a 9.46 % GRI. If you

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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 931 Corolla Drive in Corolla is provided courtesy of Sandra LaRue of Corolla Beach Realty. 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 931 Corolla Drive 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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