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Sold for $2,010,000
  • $2,010,000

    1117 Franklyn St, Corolla, NC 27927

    6beds
    4,290sqft
    SingleFamily
    Built in 1994
    7,840 Square Feet Lot
    $2,183,400 Zestimate®
    $469/sqft
    $5,721 Estimated rent

    Home value

    $2,183,400

    $2.01M - $2.38M

    $5,721/mo

    Zestimate® history
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    $16,907/mo

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    What's special

    Quality craftsmanship and attention to detail are apparent in this custom-built, well-appointed oceanfront home with a traditional floorplan and panoramic ocean views. Over $150K in YTD gross rentals! Located in prestigious Corolla Light on a professionally landscaped lot, the ground level offers 8 built in bunk beds off of a rec room with entertainment center & bumper pool, and a full bath. On the middle level, a tiled entry foyer opens to the great room with 80 inch TV, corner gas fireplace, & entertainment center, a tiled wet bar w/granite counters, 2 full-size refrigerators, & raised bar seating for four, a half bath, dining area, tiled kitchen w/granite counters, stainless steel appliances, two sinks & disposals, and more bar seating for six, a west side screened porch, two master bedrooms (one w/whirlpool tub), and a laundry room with washer/dryer. Completing this level, a spacious, elevated composite deck with covered cabana with outdoor wet bar, mini fridge TV, hot tun and private 12 x 24 pool. Stunning ocean views and direct access to community walkway to the beach. On the upper level, one master bedroom w/whirlpool tub & private sun deck and two more master bedrooms, one w/private sun deck for those ocean views. Recent upgrades include HVAC, new floors throughout entire house, fresh interior and exterior paint, great room ocean side windows. Just steps to extensive Corolla Light amenities and close to shops, restaurants, and Historic Corolla Village.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    Heating
    • Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Dryer Connection, Master Bath, Pantry, All Window Treatments
    • Flooring: Tile, Carpet, Hardwood, Linoleum / Vinyl
    • Basement: Finished
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total interior livable area: 4,290 sqft

    Property

    Parking
    • Parking features: Carport
    Features
    • Exterior features: Wood
    • Has spa: Yes
    • On waterfront: Yes
    Lot
    • Size: 7,840 Square Feet
    Details
    • Parcel number: 115B00002300000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    Materials
    • Frame
    • Foundation: Piling
    • Roof: Asphalt
    Condition
    • Year built: 1994

    Community & HOA

    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Health Club, Ocean Access, Outdoor-Comm. Tennis, Playground, Sound Access, Indoor-Comm. Pool, Outdoor-Comm. Pool, Common Area, Indoor-Comm. Tennis
    • Services included: Management, Security, Tennis Courts, Walkways, Common Insurance, Road Maintenance
    • HOA fee: $5,500 monthly
    Location
    • Region: Corolla

    Financial & listing details

    • Price per square foot: $469/sqft
    • Tax assessed value: $1,187,500
    • Annual tax amount: $8,909

    Price history

    DateEventPrice
    12/8/2023Sold$2,010,000+12.3%$469/sqft
    Source: Public Record Report a problem
    5/10/2021Sold$1,790,000+64.2%$417/sqft
    Source: Public Record Report a problem
    11/9/2018Sold$1,090,000-5.2%$254/sqft
    Source: Public Record Report a problem
    8/28/2018Pending sale$1,150,000$268/sqft
    Source: Twiddy & Company - Corolla #99998 Report a problem
    3/27/2018Price change$1,150,000-8%$268/sqft
    Source: Twiddy & Company - Corolla #99998 Report a problem
    2/11/2017Price change$1,250,000-3.5%$291/sqft
    Source: Twiddy & Company - Corolla #92220 Report a problem
    4/28/2016Price change$1,295,000-0.3%$302/sqft
    Source: Twiddy & Company - Corolla #92220 Report a problem
    2/8/2016Price change$1,299,000-2.7%$303/sqft
    Source: Red Sky Realty Group #88233 Report a problem
    11/18/2015Listed for sale$1,335,000-4.3%$311/sqft
    Source: Red Sky Realty Group #88233 Report a problem
    9/24/2015Listing removed$1,395,000$325/sqft
    Source: Red Sky Realty Group #88233 Report a problem
    6/3/2015Listed for sale$1,395,000-12.5%$325/sqft
    Source: Red Sky Realty Group #88233 Report a problem
    11/18/2014Listing removed$1,595,000$372/sqft
    Source: Red Sky Realty Group #82961 Report a problem
    8/8/2014Price change$1,595,000-5.1%$372/sqft
    Source: Red Sky Realty Group #82961 Report a problem
    3/28/2014Listed for sale$1,679,900-11.6%$392/sqft
    Source: Red Sky Realty Group #82961 Report a problem
    10/8/2010Listing removed$1,900,000$443/sqft
    Source: Kitty Dunes Realty #64065 Report a problem
    4/22/2010Price change$1,900,000-9.5%$443/sqft
    Source: Kitty Dunes Realty #64065 Report a problem
    11/21/2009Listed for sale$2,100,000$490/sqft
    Source: Kitty Dunes Realty #64065 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,909 +12.5%$1,187,500
    2023$7,918 +20.4%$1,187,500
    2022$6,578 +0.2%$1,187,500
    2021$6,563 -10.4%$1,187,500 -8.9%
    2020$7,329 +1.9%$1,303,000
    2019$7,194 +0%$1,303,000
    2018$7,193 +10.3%$1,303,000
    2017$6,521 $1,303,000
    2016$6,521 $1,303,000
    2015$6,521 $1,303,000
    2013$6,521 $1,303,000 -28.3%
    2011-- $1,816,056
    2010-- $1,816,056 -0.8%
    2009-- $1,831,410
    2007-- $1,831,410
    2005-- $1,831,410
    Find assessor info on the county website

    Neighborhood: 27927

    Nearby schools

    GreatSchools rating
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    $2,183,400
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    +$43,668
    With Zillow Showcase(estimated)
    $2,227,068