NOT LISTED FOR SALE

Estimated Value: $1,589,000 - $2,144,000

5 Beds
4.5 Baths
3,445 Sq Ft
$539/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $1,072,000 $311 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $10,865/month

11 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Spa
  • Community Beach Access
  • Health Club
  • Coastal Architecture

About This Home

As of December 2019

This stunning architectural masterpiece home creates an experience like no other on the Outer Banks! The site: The secluded northern beaches offer unmatched privacy and a sense of space. The views over rolling dunes and protected maritime forests are timeless. The symphony of sand, grass, water and wind is top of mind in this area which feels worlds away from town, yet is surprisingly convenient to Corolla and outstanding community amenities. The home is nestled in a high elevation site out of the flood zone with abundant dune protection. Extensive landscaping provides beauty and protection as well. The home: Offered by the original owner, this award winning home emphasizes thoughtful spaces and touches throughout. The stark beauty of the area is reflected in the symmetry of the exterior elevations and the soaring ceilings and walls of glass. Communal gathering spaces are drenched in natural light. Gathering, dining, cooking and quiet areas are all carefully planned to create connections with the ocean views. Three king masters feature private deck access while two other bedrooms provide room for the whole family. Custom touches throughout the home make the home functional, inspiring and unique. Having the living area on the main floor creates a very comfortable home which maximizes views and minimizes steps. The experience: The wide beaches and soft sand of northern Corolla offer what many consider the best beach that the Outer Banks offers. This home is on a privately accessed and uncrowded stretch of beach. Large decks are perfect for outdoor living and enjoying the views. The Villages of Ocean Hill community features a fitness center, tennis courts and other outdoor recreation, playground and two outdoor pools. The trail head for the Currituck Banks Maritime Forest is ¼ mile away. Corolla Village and the Lighthouse are just over a mile away whether you stroll on the beach or by sidewalk.

Last Agent to Sell the Property

Gray Berryman

Carolina Designs Realty License #214315 Listed on: 10/10/2019

Last Buyer's Agent

Heather McLay

Landmark Sotheby's International Realty License #188982

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,287

Year Built

  • Built in 1993

Lot Details

  • 0.49 Acre Lot
  • Beach Front
  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Property is zoned SFO

HOA Fees

  • $162 Monthly HOA Fees

Property Views

  • Ocean
  • Park or Greenbelt

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3,445 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Loft

Kitchen

  • Oven or Range
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Pool
  • Outdoor Shower

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 174

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance
  • Villagesatoceanhillcorolla.Com Association
  • Built by Gary Cosgrove
  • Villages At Ocean Hill Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,287

Year Built

Built in 1993

Lot Details

0

HOA Fees

$162 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Chalet, Contemporary, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Hot Tub, Jet Tub, Landscaped, Outside Shower
  • Flood Zone: Cobra, X
  • Subdivision Name: Villages at Ocean Hill
  • Headline: Privacy, Style and Views!
  • Heated Sq Ft: 3445
  • L V T Date: 10/10/2019
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: SFO
  • Deed Book Pg Number: 539
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C6124
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Skylight, Some Windows Treated
  • Optional Rooms: Foyer, Loft
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Gary Cosgrove
  • Construction: Frame
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Park Serv/Preserve

Garage/Parking

  • Parking: Off Street, Under

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance
  • Association Amenities: Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 1940
  • Hoa Contact: villagesatoceanhillcorolla.com

Lot Info

  • Estimated Lot Sq Ft: 21344
  • Lot Description: Beach Frontage, Level, Water Frontage
  • Lot Number: Lot 174
  • Estimated Lot Size: 0.49
  • Deed Book: 1199

Rental Info

  • Est Annual Rental Income: 60325
  • Estimated Rental Performance: 0.0563
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Twiddy
  • Rental Cottage Number: P174
  • Rental Turnover Day: sunday
  • Rental Contact Email: owner_information@twiddy.com
  • Rental Contact Phone: 252 457 1169

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2019
  • Taxes: 6287.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2019
Closed on
Dec 2, 2019
Sold by
Ellis Kent Robert and Ellis Josephine Dellario
Bought by
Pacheco John B
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Heather McLay
Landmark Sotheby's International Realty
List Price
$1,100,000
Sold Price
$1,072,000
Premium/Discount to List
-$28,000
-2.55%
Current Estimated Value
$1,857,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$785,876
Avg. Annual Appreciation
10.42%
Original Mortgage
$484,350
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2012
Sold by
Ellis Kent R and Ellis Josephine Dellario
Bought by
Ellis Kent Robert and Ellis Josephine Dellario
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pacheco John B $1,072,000 None Available
Ellis Kent Robert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacheco John B $48,500
Open Pacheco John B $481,743
Closed Pacheco John B $484,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2019 12/30/19 Sold $1,072,000 -2.5% $311 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $1,100,000 -- $319 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $9,664 $1,288,500 $780,700 $507,800
2023 $9,664 $1,288,500 $780,700 $507,800
2022 $7,137 $1,288,500 $780,700 $507,800
2021 $7,122 $1,115,000 $709,000 $406,000
2020 $6,287 $1,115,000 $709,000 $406,000
2019 $6,287 $1,115,000 $709,000 $406,000
2018 $6,287 $1,115,000 $709,000 $406,000
2017 $5,709 $1,115,000 $709,000 $406,000
2016 $5,699 $1,115,000 $709,000 $406,000
2015 -- $1,115,000 $709,000 $406,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 106898

Outer Banks Association of REALTORS®

APN: 114E-000-0174-0000