tomo logo

$945,000

Beds
7
Baths
6.5
sq ft
3,044

767 Gulfstream Court, Corolla, NC 27927

767 Gulfstream Court

Corolla, NC 27927

  • 87 days on market
Nestled away on a cul-de-sac w/an extremely thought out floor plan, this 3 story coastal vacation home is a rental powerhouse! Located on the ocean side of Rte 12, its only 3 blocks/.3 mile/6 mins from ocean access. This beauty sleeps 19! Top 3rd level offers open concept great room (kitchen, dining & living areas) w/ cathedral ceilings. Lots of windows & 2 sliding glass doors to 3rd floor sun deck which provides lots of light. Newer Lovesac furniture, large dining room table & a fully stocked kitchen including 2 dishwashers, 2 refrigerators, deep freezer, pantry & FREIGHT LIFT which guests love. Also on 3rd level, a 1/2 bath & primary bedroom w/ king bed, private deck access & ensuite bathroom. Ensuite bathroom has double vanity, soaking tub & full size shower. On 2nd level, there are 3 addt'l primary bedrooms w/ king beds & ensuites. 3 sliding glass doors from 3 of rooms to access 2nd floor covered deck. Also on 2nd level, a 4th bedroom w/ a pyramid bunkbed, full sized hall bath & a flex space which is currently used as another bedroom w/ a queen bed. 1st floor ground level has a game room w/ pool table & entertainment area, another 2 bedrooms (one w/ a queen bed & other w/ double bunk beds), a full size bath & laundry closet. Just outside sliding glass doors of game room, a heated pool, hot tub, lounge chairs, gas grill, outdoor shower & owners storage. Back patio is fully enclosed & it has the best of both worlds - partial sun & shade throughout entire day. Out front, a private basketball hoop in an oversized driveway fits up to 10 full size vehicles. Community bike path is just outside the neighborhood & the homes location makes for easy access to shopping & restaurants. Renters keep returning; made over $98K in 2021, almost $65K in 2022, $68K in 2023, $70K in 2024 while still booking & already $53K confirmed for 2025! Whether a private vacation home for yourself or continued investment rental, you definitely don't want to miss out on this one!

Details

Property type

Single Family Residence

Est. home value

$1,077,291

Lot size

8,712 sq ft

Price per sq ft

$311

Year built

2007

HOA fee

$935

Price History

06/21/2024
NorthCarolinaRegional

NorthCarolinaRegional #100451900

Listed
$945,000
-0.53%
06/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100433546

Removed
$950,000
04/18/2024
NorthCarolinaRegional

NorthCarolinaRegional #100433546

Price change
$950,000
-4.04%

Schools & Community

Elementary school: 

Knotts Island Elementary

Middle school: 

Currituck County Middle

High school: 

J.P. Knapp Early College

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Caliber Home Loans Inc

Loan start date

April 2021

Original loan amount

$410,000

Est. remaining balance

$380,532

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Wallace W Funk Jr and Carri L Mcquerrey Funk

Lender

Rbc Bank Usa

Loan start date

February 2009

Original loan amount

$90,500

Est. remaining balance

Not provided

Interest rate

5.49%

Loan type

Credit Line (Revolving), 20 year

Seller

Wallace W Funk Jr and Carri L Mcquerrey Funk

Lender

Beach Mortgage Co Inc

Loan start date

February 2009

Original loan amount

$411,000

Est. remaining balance

$273,505

Interest rate

5.14%

Loan type

Not Provided, 30 year

Seller

Wallace W Funk Jr and Carri L Mcquerrey Funk

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/16/2024 at 4:15 PM

Listing updated: 08/01/2024 at 4:49 PM

Listed by: Adrienne Parker, Berkshire Hathaway HomeServices RW Towne Realty/Chesapeake Phone #: (757) 748-6938

MLS: NorthCarolinaRegional #100451900

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