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Sold for $520,000
  • $520,000

    632 Grebe Court, Corolla, NC 27927

    4beds
    --baths
    1,458sqft
    Single Family Residence
    Built in 1985
    -- sqft lot
    $523,800 Zestimate®
    $357/sqft
    $2,071 Estimated rent

    Home value

    $523,800

    $456,000 - $597,000

    $2,071/mo

    Zestimate® history
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    $2,974/mo

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    $2,974/mo

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    What's special

    AWESOME LOCATION! LOWEST PRICED OCEANSIDE HOME IN COROLLA! INCOME POTENTIAL UP TO $60K W/ SOME IMPROVEMENTS! SHORT WALK TO BEACH AND COMMUNITY POOL! Discover the perfect blend of potential and location with this classic 4-bedroom beach home nestled in the sought-after Ocean Sands community of Corolla. Whether you're looking for a second home or a smart investment property, this charming retreat is full of opportunity. New roof in 2023. Kitchen appliances were replaced last year with stainless steel, offering a head start on modernizing the space while leaving plenty of room to add your own personal touches and style. With a little vision and creativity, you can transform this property into your ideal coastal escape or a standout vacation rental. Located just a short walk to the beautiful, wide beaches of Corolla, the home also includes the option to be a member of the Ocean Lakes pool and tennis courts which is limited—adding value for both your family and your guests and giving you an advantage other homes don't have, as well as giving you a pool without the expense of maintaining your own! Membership is just $925/yr. Ocean Sands is a favorite destination for vacationers, thanks to its prime location near shopping, dining, and family-friendly activities. The popular Timbuck II Shopping Center, mini golf, and Food Lion are all just minutes away, making it a convenient and attractive spot for visitors year after year. It has never been in a rental program so the home is lightly used. And since it's not in a rental program...lots of opportunity! Enjoy it this summer or put in a rental program to get some income! Rental Income projections of up to $44K as is or up to $60K with some improvements!

    Zillow last checked:

    Listing updated:

    Listed by:

    EXP Realty, LLC - Coastal

    Bought with:

    Twiddy and Company - Wash Woods

    Source: eXp Realty,MLS#: 128889

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Full bathrooms: 2
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Dishwasher, Microwave, Range/Oven, Refrigerator
    Features
    • Flooring: Carpet
    Interior area
    • Total interior livable area: 1,458 sqft

    Property

    Features
    • Pool features: Association
    • Waterfront features: More than 5th row
    Lot
    • Features: Cul-De-Sac, Level
    Details
    • Parcel number: 126A0000009000H
    • Zoning: SFO

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Reverse Floor Plan
    • Property subtype: Single Family Residence
    Materials
    • Frame, Wood Siding
    • Roof: Asphalt
    Condition
    • Year built: 1985

    Utilities & green energy

    • Sewer: Shared Septic

    Community & neighborhood

    Location
    • Region: Corolla
    • Subdivision: Ocean Sands

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional
    • Ownership: Owned More than 12 Months
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/3/2025Sold$520,000-13.3%$357/sqft
    Source: eXp Realty #177325530 Report a problem
    3/15/2025Listing removed--
    Source: Owner Report a problem
    12/15/2024Listed for sale$599,999$412/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,225 +7.6%$330,800
    2023$3,928 +26.1%$330,800
    2022$3,116 +13.8%$330,800
    2021$2,737 +14.1%$330,800 +10.1%
    2020$2,400 -0.2%$300,400
    2019$2,406 -1%$300,400
    2018$2,431 +18.9%$300,400
    2017$2,045 $300,400
    2016$2,045 +8.2%$300,400
    2015$1,890 $300,400

    Find assessor info on the county website

    Neighborhood: 27927

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $523,800
    2% more
    +$10,476
    With Zillow Showcase(estimated)
    $534,276