Seller's Agent in 2020
Ken Baittinger
Landmark Sotheby's International Realty
(252) 305-5255
12 in this area
70 Total Sales
109 Cadwall Rd Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $3,225,000 - $3,546,000
9
Beds
8.5
Baths
5,378
Sq Ft
$639/Sq Ft
Est. Value
Highlights
- Beach Front
- Home Theater
- Second Refrigerator
- Ocean View
- Heated In Ground Pool
- Coastal Architecture
About This Home
As of October 2020Consistently over 200k in rents every year. This beautiful 9 bedroom Pine Island home is a rental machine, including the many features that any discriminating homeowner or vacationer would love; Picturesque views from the ocean to sound with decks galore to enjoy the sunrises and sunsets. The beaches are not crowded and the wildlife preserve land gives off feeling of relaxation and privacy. There is an open floor plan on the top level, 2 eating areas, and a private office with ocean views. The kitchen is perfect for large families with 2 refrigerators (1 on bottom floor as well), 2 dishwashers and 2 ovens. Some of the areas for large groups to gather include a game room with pool table, a pool area with 2 hot tubs and a separate theatre room on the 2nd floor. This home also offers a garage, a huge convenience for a homeowner with rental property on the Outer Banks. Solid Renter with the Retal History to back it up!
Last Agent to Sell the Property
Landmark Sotheby's International Realty License #275379 Listed on: 03/12/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,567
Year Built
- Built in 2000
Lot Details
- 0.53 Acre Lot
- Lot Dimensions are 100x223
- Beach Front
HOA Fees
- $250 Monthly HOA Fees
Home Design
- Coastal Architecture
- Contemporary Architecture
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Cement Board or Planked
Interior Spaces
- 5,378 Sq Ft Home
- Elevator
- Wet Bar
- Furnished
- Cathedral Ceiling
- Gas Fireplace
- Home Theater
- Game Room
- Ceramic Tile Flooring
- Ocean Views
- Dryer
Kitchen
- Breakfast Area or Nook
- Built-In Oven
- Built-In Range
- Microwave
- Second Refrigerator
- Second Dishwasher
- Corian Countertops
Bedrooms and Bathrooms
- 9 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
Pool
- Heated In Ground Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Exterior Lighting
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Municipal Utilities District Water
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot 268
Community Details
Overview
- Association fees include management, pool, road maintenance, tennis courts, walkways
- Seaside Management Association, Phone Number (252) 261-1200
- Pine Island Pud Subdivision
Recreation
- Community Boardwalk
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 12, 2020
Closed on
Oct 16, 2020
Sold by
Sunrise Sunset Llc
Bought by
Mckinney William C and Mckinney Cathy C
Seller's Agent
Ken Baittinger
Landmark Sotheby's International Realty
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$2,050,000
Sold Price
$1,850,000
Premium/Discount to List
-$200,000
-9.76%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,586,920
Avg. Annual Appreciation
12.82%
Original Mortgage
$1,480,000
Outstanding Balance
$1,328,953
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,979,370
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mckinney William C | $1,850,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mckinney William C | $1,480,000 | |
| Previous Owner | Hearne Steven E | $1,930,500 | |
| Previous Owner | Sunrise Sunset Llc | $461,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2020 10/30/20 | Sold | $1,850,000 | -9.8% | $344 / Sq Ft |
| 09/01/2020 09/01/20 | Pending | -- | -- | -- |
| 03/12/2020 03/12/20 | For Sale | $2,050,000 | -- | $381 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $14,355 | $1,927,600 | $1,456,000 | $471,600 |
| 2023 | $14,355 | $1,875,800 | $1,456,000 | $419,800 |
| 2022 | $10,291 | $1,875,800 | $1,456,000 | $419,800 |
| 2021 | $10,276 | $1,894,000 | $1,251,300 | $642,700 |
| 2020 | $10,580 | $1,894,000 | $1,251,300 | $642,700 |
| 2019 | $10,558 | $1,894,000 | $1,251,300 | $642,700 |
| 2018 | $10,558 | $1,894,000 | $1,251,300 | $642,700 |
| 2017 | $9,590 | $1,894,000 | $1,251,300 | $642,700 |
| 2016 | $9,567 | $1,894,000 | $1,251,300 | $642,700 |
| 2015 | $9,567 | $1,894,000 | $1,251,300 | $642,700 |
Source: Public Records
Agents Affiliated with this Home
-
Ken Baittinger
-
Matt Myatt
Buyer's Agent in 2020
Matt Myatt
Keller Williams - Outer Banks
(252) 207-6588
212 in this area
436 Total Sales
-
Allysa Miller
Buyer Co-Listing Agent in 2020
Allysa Miller
Keller Williams - Outer Banks
(252) 489-7342
26 in this area
78 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 108714
APN: 127C-000-0268-0000
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