NOT LISTED FOR SALE

1473 Ocean Pearl Rd Unit unknown Corolla, NC 27927

Carova Beach Neighborhood

Estimated Value: $2,102,000 - $2,654,571

8 Beds
10 Baths
4,938 Sq Ft
$478/Sq Ft Est. Value

Last Sold January 08, 2016

Last sale price $1,250,000 $253 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $13,658/month

269 Days on Market

Highlights

  • Beach Front
  • Home Theater
  • Second Refrigerator
  • Ocean View
  • In Ground Pool
  • Wood Flooring

About This Home

As of January 2016

OCEANFRONT: SUNRISE AND SUNSETS. Over 2 acres of property! Located on a high sand dune (one of the highest elevations in the area), All the King's Horses features old Nags Head style architecture, luxurious comforts, and beautiful natural surroundings. Ample decking on the ocean side and soundside to soak in sunrises and sunsets. This 8 bedroom retreat offers the ultimate in seclusion and income. Private pool, hot tub, outdoor kitchen with cabana bar, private dune deck, elevator, theater room, billiards/sports/rec room, hardwood floors, granite, and more! There is room to expand and increase the income. Currently 8 bedrooms. Plans for a 3 car garage (ball room) and bridal suite are available for review. Watch the income soar with these additions!

Last Agent to Sell the Property

Four Seasons Realty

Four Seasons Realty License #177785 Listed on: 01/13/2015

Co-Listed By

Robert Konstanzer

Four Seasons Realty License #189406

Last Buyer's Agent

Ilona Matteson

Beach Realty & Construction License #174596

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,383

Year Built

  • Built in 2012

Lot Details

  • Beach Front
  • Property is zoned RO2

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 4,938 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Window Treatments
  • Home Theater
  • Game Room
  • Ocean Views

Kitchen

  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Second Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Covered Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Private or Community Septic Tank

Community Details

Overview

  • Ocean Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,383

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Nags Head
  • Directions: ACCESS BEACH AT MAIN RAMP APPX 2 MILES TO HOUSE. PRIVATE DRIVE NORTHSIDE OF BEACH WALKWAY
  • Extras: Boardwalk to Beach, Covered Decks, Elevator, Hot Tub
  • Headline: OCEANFRONT RENTAL PRODUCER
  • Heated Sq Ft: 4938
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RO2
  • Deed Book Pg Number: 517
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Ice Machine, Microwave, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
  • Bedrooms: 8
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Ensuite, Wet Bar
  • Optional Rooms: Game Room, Home Theater
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame
  • Covered Deck Size: 384
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: 3399
  • View: Ocean

Utilities

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

Lot Info

  • Lot Description: Beach Frontage
  • Lot Size: 2.31 ACRES
  • Deed Book: 48

Rental Info

  • Est Annual Rental Income: 160770
  • Estimated Rental Performance: 0.1286
  • Other Expenses: 301700
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: ALL THE KINGS HORSES
  • Rental Cottage Number: R11473
  • Rental Phone Number: 457-1100
  • Rental Turnover Day: SUN
  • Yearly Expense Actual Estimate: Actual

Building Info

  • Year Built: 2012

Tax Info

  • Year: 2014
  • Taxes: 5383

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2021
Sold by
May Alexander John and May Sara Liligren
Bought by
Poole Michael R and Poole Helen Oneill
Current Estimated Value
$2,362,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,631,250
Outstanding Balance
$1,506,663
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$855,730

Purchase Details

Closed on
Apr 21, 2016
Sold by
May Alexander John and May Sara Lilygren
Bought by
May Alexander John and May Sara Lilygren

Purchase Details

Listed on
Jan 13, 2015
Closed on
Dec 15, 2015
Sold by
Harvey Trivette Ii Llc
Bought by
May Alexander John and May Sara Lilygren
Seller's Agent
Four Seasons Realty
Four Seasons Realty
Buyer's Agent
Ilona Matteson
Beach Realty & Construction
List Price
$1,399,000
Sold Price
$1,250,000
Premium/Discount to List
-$149,000
-10.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$812,500
Interest Rate
3.97%
Mortgage Type
New Conventional
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
Poole Michael R $2,175,000 None Available
May Alexander John -- None Available
May Alexander John $1,250,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poole Michael R $1,631,250
Previous Owner May Alexander John $750,000
Previous Owner May Alexander John $812,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2016 01/08/16 Sold $1,250,000 -10.7% $253 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
01/13/2015 01/13/15 For Sale $1,399,000 -- $283 / 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 $9,435 $1,424,000 $295,800 $1,128,200
2023 $9,435 $1,424,000 $295,800 $1,128,200
2022 $6,913 $1,424,000 $295,800 $1,128,200
2021 $6,905 $1,267,000 $301,700 $965,300
2020 $6,360 $1,267,000 $301,700 $965,300
2019 $6,349 $1,267,000 $301,700 $965,300
2018 $0 $1,097,600 $301,700 $795,900
2017 $5,500 $1,097,600 $301,700 $795,900
2016 $5,382 $1,097,600 $301,700 $795,900
2015 $5,382 $1,097,600 $301,700 $795,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 86360

Outer Banks Association of REALTORS®

APN: 0102-000-0010-0000