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557 Trolling Lane Lot# 251B
Corolla, North Carolina NC 27927
Sold For: $630,000
Listing ID: 119440
Status: Sold In House
Sold Date: 11/09/2022
Bedrooms: 4 Bed
Total Baths: 2 Bath
Full Baths: 2 Bath
SqFt: 1,603 Sq Ft
Acres: 0.230 Acres
Subdivision: Ocean Sands
Year Built: 1984

This Well Cared For 4BR, 2BA home is Nestled in the Trees offering Great Privacy yet it is a Very Short Walk to the Beach. It is close to the Community Tennis Courts as well as all of the Great Shops, Restaurants and Entertainment that Corolla has to offer. The Reverse Floor Plan features a Spacious Great Room with Open Kitchen, Dining and Living Area. The Juniper Accent Walls and electric Fireplace create that Warm and Welcoming feeling of a Great Beach Home. The Great room opens onto the Sun Deck with Built In Benches and stairs down to the Shaded Mid-level Deck that has plenty of seating and a Great Hot Tub. All 4 bedrooms are located on this level as well. The ground floor area is a great area to enjoy the Swings, Outdoor Shower and is a great area for kids of all ages to Play on a Rainy Day. There is also a Large Storage area under the house for all your Beach Toys, Bikes, Kayaks, Beach Chairs etc as well as your Washer & Dryer. Owner says there may be Room for a Pool. New Upstairs HVAC in 2022, Lower HVAC is 4 yrs old. New Roof 10/2021, High End Vinyl Shake Siding and LVT Flooring, Hot Tub 3 years old, New Ice Maker for fridge is on order. Short path on the south side of the house goes directly to Marlin Dr. and straight to the beach. See rental projection on file for over $60,000.

Primary Features

County: Currituck
Price Reduction Date: 2022-09-29T14:24:09+00:00
Property Sub Type: Single Family - Detached
Property Type: Residential
Subdivision: Ocean Sands
Year Built: 1984
Zoning: SFO

Interior

Air Conditioning: Central, Heat Pump
Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
Countertops: Laminate, Solid Surface
Extras: Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
Floor Coverings: Carpet, Vinyl Tile
Furnishings Available: yes
Heating: Central, Electric, Forced Air, Heat Pump
Interior Features: All Window Treatments, Dryer Connection, Ensuite, Washer Connection, Electric Fireplace
Optional Rooms: Utility Room
Water: Municipal

External

Approximate Lot SqFt: 10000
Exterior: Shakes, Vinyl
Foundation: Piling
Garage: None
Lot Description: Level
Parking: Off Street, Unpaved
Pool: no
Roads: Paved
Roof: Asphalt/Fiber Shingle
Sewer/Septic: Community Septic
Style: Reverse Floor Plan
Waterfront Location: 3 - lots from oceanfront (4th ro

Location

Area: Corolla Oceanside
Association Amenities: Ocean Access
Block: N/A
Flood Zone: X
Major Subdivision: Ocean Sands
Section: D

Additional

Construction: Frame, Wood
Disclaimer: Rental Income estimates vary from firm to firm and may include money that does not go to the owner, such as cleaning fees, administrative charges or services. Buyers are encouraged to investigate how rates, fees, commissions, regulations and policies apply to specific properties before expiration of the due diligence period. It is the buyer's responsibility to determine and execute a rental management contract that best suits their needs. VRBO, Air BnB and similar rent by owner websites are handled differently. Consult legal counsel regarding rental disbursement. Additionally, the Buyer is ad
Due Diligence Date: 2022-11-03T00:00:00+00:00
Homes & Land of the Outer: yes
Ownership: Owned More than 12 Months
Primary Residence: no
Rental Company: Carolina Shores
Rental Cottage Number: S062
Status Category: Sold

Financial

Advertised Income 2020: 25176
Advertised Income 2021: 28970
Asking Price Per SqFt: 417.9
Association Fee: yes
Association Fee includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Road Maintenance, Security
Bank Owned: no
Bill of Sale Amount: 1
Estimated Annual Fee: 600
Estimated Annual Rental Income: 60621
Estimated Rental Performance: 0.0962
Financing Options: Cash, Conventional
Insurance Expenses: 599
Lease Terms: Weekly
Pool/Spa Expense: 60
Potential Short Sale: no
Rental Turnover Day: SAT
Sale/Rent: For Sale
Tax Year: 2021
Taxes: 2743.25
Wind Insurance: 2988
Year Cable TV Expense: 900
Year Electric Expense: 1766
Year Water Expense: 1404
Yearly Expense Actual/Estimated: Actual

Zoning Info


Listed by: Alex Argiroff from Keller Williams - Outer Banks C: 252-207-5556.

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Contact - Listing ID 119440

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Liz Holterhaus

Southern Shores, NC 27949
Phone: 252-202-2156

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