NOT LISTED FOR SALE

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

9 Beds
9.5 Baths
5,900 Sq Ft
$400/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $2,175,000 $369 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $13,658/month

35 Days on Market

Highlights

  • Beach Front
  • Home Theater
  • 2.49 Acre Lot
  • Ocean View
  • Cabana
  • Coastal Architecture

About This Home

As of January 2022

This stunning 2.5 acre oceanfront estate is dripping in luxury. The main house is 8 bedrooms, 8 bathrooms, and an additional 2 half baths. The guest house (built 2018) features 1,000 additional square feet, one bedroom, luxury bathroom, full kitchen, living and dining, elevator, outside shower and lounge/sun deck. Below the guest house is another 1000 soft including a 3 car garage and 250 soft of air conditioned storage and separate laundry. Take the breezeway over to the main house with 3 huge levels of absolutely every amenity you can think of. Main house has an elevator, theatre room, large game room, game room wet bar, mid level den, top floor bar area, open concept kitchen, dining, and the most amazing ocean to sound views. It's a challenge to try to NOT see water views from this home! The pool area doesn't disappoint either. Lounging area, sunning areas, television, cabana bar, gas grill and large saltwater pool, and 7 person hot tub. Just over 2 miles on the sand road, you're still close enough to everything Corolla has to offer in shopping and dining. The personal dune driveway with pavers makes the drive over a breeze! The concrete parking area is large enough for 8 cars (or a tented wedding!) The owners of this estate have spared no expense in maintaining and updating this home. Every inch has been updated and considered at the highest level of quality. Matterport Link for Main House: https://my.matterport.com/show/?m=pgnsqq4BDto&mls=1 Matterport Link for Guest House: https://my.matterport.com/show/?m=FZox6daYYG9&mls=1

Last Agent to Sell the Property

Ilona Matteson

Beach Realty & Construction License #174596 Listed on: 09/09/2021

Last Buyer's Agent

Ilona Matteson

Beach Realty & Construction License #174596 Listed on: 09/09/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,905

Year Built

  • Built in 2011

Lot Details

  • 2.49 Acre Lot
  • Beach Front
  • Unpaved Streets

Parking

  • Unpaved Parking

Home Design

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

Interior Spaces

  • 5,900 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Window Treatments
  • Bay Window
  • Home Theater
  • Game Room
  • Ocean Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Cabana
  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Covered Deck
  • Tiki or Chickee Hut

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

$6,905

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Nags Head, Coastal
  • Directions: Private drive northside of beach walkway.
  • Extras: Boardwalk to Beach, Cabana, Covered Decks, Elevator, Hot Tub, Outside Shower, Tiki Bar
  • Headline: Stunning Ocean Front Estate
  • Heated Sq Ft: 5900
  • L V T Date: 09/09/2021
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Advertised Income 2020: 158375
  • Advertised Income 2021: 223095
  • Deed Book Pg Number: 220
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3297
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Ice Machine, Microwave, Refrigerator, Washer, Wine Cooler
  • Bedrooms: 9
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 9
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Bay/Bow Window, Dryer Connection, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Media Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Unpaved

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 108464
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Faces: E
  • Lot Size: 2.3 Acres
  • Lot Number: Lot 0
  • Estimated Lot Size: 2.49
  • Deed Book: 1363

Rental Info

  • Est Annual Rental Income: 223095
  • Estimated Rental Performance: 0.1026
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Villa Valhalla
  • Rental Cottage Number: R11473
  • Rental Phone Number: 252-457-1100
  • Rental Turnover Day: Sun
  • Rental Contact Email: owner@twiddy.com
  • Rental Contact Name: Jen Kavanaugh
  • Rental Contact Phone: 252-457-0489

Building Info

  • Year Built: 2011

Tax Info

  • Year: 2021
  • Taxes: 6905

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Dec 7, 2021
Sold by
May Alexander John and May Sara Liligren
Bought by
Poole Michael R and Poole Helen Oneill
Seller's Agent
Ilona Matteson
Beach Realty & Construction
Buyer's Agent
Ilona Matteson
Beach Realty & Construction
List Price
$3,100,000
Sold Price
$2,175,000
Premium/Discount to List
-$925,000
-29.84%
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.
Estimated Appreciation
$187,393
Avg. Annual Appreciation
2.30%
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

Closed on
Dec 15, 2015
Sold by
Harvey Trivette Ii Llc
Bought by
May Alexander John and May Sara Lilygren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,500
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
01/07/2022 01/07/22 Sold $2,175,000 -25.0% $369 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
10/13/2021 10/13/21 Price Changed $2,900,000 -6.5% $492 / Sq Ft
09/09/2021 09/09/21 For Sale $3,100,000 -- $525 / 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: 116045

Outer Banks Association of REALTORS®

APN: 0102-000-0010-0000