NOT LISTED FOR SALE

1401 Ocean Pearl Rd Corolla, NC 27927

Carova Beach Area

Estimated Value: $1,325,000 - $1,670,073

5 Beds
5.5 Baths
4,542 Sq Ft
$330/Sq Ft Est. Value

Sale Details

Date Sold: November 13, 2018

Last sale price $1,400,000 $308 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,804 / mo

1 Day on Market

Highlights

  • Beach Front
  • Ocean View
  • Wood Burning Stove
  • Knotts Island Elementary School Rated 9+
  • Coastal Architecture
  • Cathedral Ceiling

About This Home

As of November 2018

There are unique properties along the East Coast...and then there is the Beachnut. Comprised of 3.5 parcels totaling over 38 unspoiled acres spanning from Ocean to Sound and bordered by the US Fish & Wildlife on two sides, privacy and panoramic views are unparalleled. Located 1.5 miles from the nearest paved road, access is limited to 4wd beach driving, by boat, or helicopter.

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 08/10/2018

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 08/10/2018

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,631

Year Built

  • Built in 1996

Lot Details

  • Beach Front
  • Unpaved Streets
  • Historic Home

Property Views

  • Ocean
  • Views of a Sound
  • Pond
  • Park or Greenbelt

Home Design

  • Coastal Architecture
  • Cottage
  • Frame Construction
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 4,542 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Window Treatments
  • Loft
  • Game Room
  • Utility Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Private Water Source
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 13

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,631

Year Built

Built in 1996

Lot Details

11.25 Acres

Listing Details

  • Class: RESIDENTIAL
  • Style: Nags Head, Coastal, Historic, Cottage
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Outside Lighting, Outside Shower, Sun Deck, Inside Laundry Room
  • Flood Zone: Cobra
  • Headline: almost 40 acres Ocean to Sound
  • Heated Sq Ft: 4542
  • L V T Date: 11/14/2018
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 870
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Interior Amenities: Cathedral Ceiling(s), Ensuite, Pantry, Some Windows Treated, Wood Stove
  • Optional Rooms: Game Room, Loft, Utility Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • View: Ocean, Park Serv/Preserve, Pond, Sound, Salt Marsh

Garage/Parking

  • Garage: 1 Car, 2 Car

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Private, Well

Lot Info

  • Lot Description: Adj to Park Serv./Preserv, Beach Frontage, Water Frontage
  • Lot Number: Lot 13
  • Deed Book: 1277

Rental Info

  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Beachnut
  • Rental Cottage Number: R11401

Building Info

  • Year Built: 1996

Tax Info

  • Year: 2018
  • Taxes: 7631

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Oct 18, 2018
Sold by
Bought by
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$1,750,000
Sold Price
$1,400,000
Premium/Discount to List
-$350,000
-20%
Current Estimated Value
$1,497,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,358
Avg. Annual Appreciation
0.87%
Original Mortgage
$650,000
Outstanding Balance
$558,802
Interest Rate
4.7%
Mortgage Type
Commercial
Estimated Equity
$938,556

Purchase Details

Closed on
Dec 31, 2013
Sold by
Bought by

Purchase Details

Closed on
Jun 13, 2012
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Corolla, NC

  • Robert Ladd Real Estate Agent - Twiddy and Co. - Duck

    Robert Ladd

    Twiddy and Co. - Duck

    (252) 421-5155

    42 Total Sales

    1 in Carova Beach

    $150,000 Price

    Robert Ladd
     Section Image
  • Rick Uhl Real Estate Agent - NC VA Land and Home Inc

    Rick Uhl

    NC VA Land and Home Inc

    (757) 909-6490

    65 Total Sales

    1 in Carova Beach

    $40,000 Price

    Rick Uhl
     Section Image
  • Kim Old Real Estate Agent - BHHS RW Towne Realty

    Kim Old

    BHHS RW Towne Realty

    (252) 421-6958

    301 Total Sales

    9 in Carova Beach

    $40K - $726K Price Range

    Kim Old
     Section Image
  • Jean-Paul Peron Real Estate Agent - eXp Realty

    Jean-Paul Peron

    eXp Realty

    (252) 573-5342

    154 Total Sales

    136 in Carova Beach

    $15K - $1.3M Price Range

    Jean-Paul Peron
     Section Image
  • Brenda Williams Real Estate Agent - Howard Hanna Real Estate Svcs.

    Brenda Williams

    Howard Hanna Real Estate Svcs.

    (757) 704-5844

    158 Total Sales

    3 in Carova Beach

    $60,000 Price Range

    Brenda Williams
     Section Image
  • Kevin Keogh Real Estate Agent - BHHS RW Towne Realty

    Kevin Keogh

    BHHS RW Towne Realty

    (757) 866-4412

    108 Total Sales

    1 in Carova Beach

    $145,000 Price

    Kevin Keogh
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$6,500,000 None Available
$1,300,000 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $650,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/13/2018 11/13/18 Sold $1,400,000 -20.0% $308 / Sq Ft
08/11/2018 08/11/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $1,750,000 -- $385 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,891 $1,068,700 $557,600 $511,100
2024 $6,882 $1,068,700 $557,600 $511,100
2023 $6,882 $1,068,700 $557,600 $511,100
2022 $5,155 $1,068,700 $557,600 $511,100
2021 $5,147 $982,800 $503,600 $479,200
2020 $4,867 $982,800 $503,600 $479,200
2019 $4,982 $984,300 $503,600 $480,700
2018 $4,990 $984,300 $503,600 $480,700
2017 $4,966 $984,300 $503,600 $480,700
2016 $4,966 $984,300 $503,600 $480,700
2015 $4,966 $984,300 $503,600 $480,700
Source: Public Records

Agents Affiliated with this Home

  • Jason Summerton Real Estate Agent - Twiddy and Company - Wash Woods

    Seller's Agent in 2018

    Jason Summerton

    Twiddy and Company - Wash Woods

    (252) 202-0105

    330 Total Sales

    Jason Summerton
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 102693

Outer Banks Association of REALTORS®

APN: 113A-000-0013-0000

North Carolina Currituck County Corolla 27927

1401 Ocean Pearl Rd, Corolla, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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