NOT LISTED FOR SALE

1479 Ocean Pearl Rd Corolla, NC 27927

Estimated Value: $1,311,000 - $2,128,000

8 Beds
8.5 Baths
3,975 Sq Ft
$430/Sq Ft Est. Value

Sale Details

Date Sold: November 25, 2020

Last sale price $1,160,000 $292 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $9,766 / mo

27 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Coastal Architecture
  • Ocean View
  • 3.32 Acre Lot
  • Cathedral Ceiling

About This Home

As of November 2020

Beautiful Oceanfront 8 bedroom estate on over 3 acres - Take a look and you will soon realize what a fabulous beach house this is!! Features include hardi plank siding, trex decking. Each one of the 8 bedrooms has it's own full bath, 6 are king bedrooms, Master en suite on the top floor where the views are spectacular, 5 bedrooms on the mid level all masters, and the ground level has king bedroom and a bunk room, each with own bath. Half bath with access from the pool, an elevator, two dishwashers, two refrigerators. The custom furnishings, finishes and decor are a top of the line. The home has been be well maintained and upgraded. For your enjoyment, the home is equipped with a pool, hot tub, rec room, tiki bar, a chef's kitchen, beach walkway and gazebo, oversized sun decks on all levels and then there is the view...The home sits way up on a dune where you have PANORAMIC Ocean views, Sound views, Lighthouse views, views of Penny's Hill, and even the mainland! Watch the moon rise over the Ocean and the sunset on the Sound...at the same time. Must see! You will not believe the views!!

Last Agent to Sell the Property

Matt Preston

Twiddy and Company - Corolla License #288364 Listed on: 07/28/2020

Last Buyer's Agent

Connie Gray

Island Crest OBX Realty License #170963

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,924

Year Built

  • Built in 2004

Lot Details

  • 3.32 Acre Lot
  • Beach Front
  • 128 Feet of Waterfront
  • Level Lot
  • Unpaved Streets

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 3,975 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Bay Window
  • Family Room
  • Dining Room
  • Game Room
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Tuck Under Parking
  • Unpaved Parking
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Well
  • Private or Community Septic Tank

Community Details

  • Community Boardwalk

Listing and Financial Details

  • Tax Lot 9A

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,924

Year Built

Built in 2004

Lot Details

3.32 Acres

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Enter Beach at 4x4 Access travel north approx. 2.3 miles, cross over dune, go south on Ocean Pearl to 1479 on your left
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Handicap Friendly, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck, Tiki Bar, Dry Entry, Inside Laundry Room
  • Flood Zone: Cobra, X
  • Headline: 8 bedrooms 3+ acres OCEANFRONT
  • Heated Sq Ft: 3975
  • L V T Date: 07/28/2020
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 147750
  • Deed Book Pg Number: 226
  • 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 w/Ice Maker, Washer
  • Bedrooms: 8
  • Bedroom 1: Master, On Level: 3
  • Bedroom 2: Master, On Level: 2
  • Bedroom 3: Master, On Level: 2
  • Bedroom 4: Master, On Level: 2
  • Bedroom 5: Master, On Level: 2
  • Bedroom 6: Dbl Bunk, On Level: 2
  • Bedroom 7: Master, On Level: 1
  • Bedroom 8: Twin Maste, On Level: 1
  • Kitchen: Sound View, On Level: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling, Slab
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Bay/Bow Window, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Some Windows Treated, Washer Connection
  • Dining Room: On Level: 3
  • Family Room: On Level: 1
  • Game Room: On Level: 1
  • Living Room: Ocean View, On Level: 3
  • Optional Rooms: Game Room, Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: Huge
  • View: Ocean, Sound, Salt Marsh
  • Water Frontage: 128

Garage/Parking

  • Garage: 2 Car, Carport
  • Parking: Off Street, Under, Unpaved

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 144619
  • Lot Description: Beach Frontage, Level, Water Frontage
  • Lot Faces: E
  • Lot Size: 3.32 acres
  • Lot Number: Lot 9A
  • Estimated Lot Size: 3.32
  • Deed Book: 1352

Rental Info

  • Est Annual Rental Income: 147750
  • Estimated Rental Performance: 0.1274
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Bayberry Cottage
  • Rental Cottage Number: R11479
  • Rental Phone Number: 252.457.1100
  • Rental Turnover Day: Sunday
  • Rental Contact Phone: 252.457.1100

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2019
  • Taxes: 5923.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2023
Sold by
Villa Blue Obx Llc
Bought by
Villa Blue Homes Llc
Current Estimated Value
$1,709,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Outstanding Balance
$1,227,382
Interest Rate
6.78%
Estimated Equity
$482,546

Purchase Details

Closed on
Dec 29, 2015
Sold by
Reeves Hugh M and Reeves Blair P
Bought by
Carolina Retreats Llc

Purchase Details

Listed on
Mar 13, 2014
Closed on
Mar 4, 2015
Sold by
Sawyer Rae W and Sawyer Wallace C
Bought by
Reeves Hugh M and Reeves Blaire P
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Glenn Jungen
Twiddy and Company - Corolla
List Price
$1,249,000
Sold Price
$1,035,000
Premium/Discount to List
-$214,000
-17.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$933,230
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Villa Blue Homes Llc -- None Listed On Document
Carolina Retreats Llc -- Attorney
Reeves Hugh M $1,035,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villa Blue Homes Llc $1,260,000
Previous Owner Reeves Hugh M $933,230
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2020 11/25/20 Sold $1,160,000 -3.3% $292 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $1,199,000 0.0% $302 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $1,199,000 +15.8% $302 / Sq Ft
03/13/2015 03/13/15 Sold $1,035,000 -17.1% $259 / Sq Ft View Prior Sale
01/07/2015 01/07/15 Pending -- -- --
03/13/2014 03/13/14 For Sale $1,249,000 -- $312 / Sq Ft
Source: Outer Banks Association of REALTORS®

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
2025 $7,660 $1,110,600 $364,000 $746,600
2024 $7,660 $1,110,600 $364,000 $746,600
2023 $7,651 $1,110,600 $364,000 $746,600
2022 $5,537 $1,110,600 $364,000 $746,600
2021 $5,529 $1,169,600 $505,200 $664,400
2020 $5,924 $1,169,600 $505,200 $664,400
2019 $5,924 $1,169,600 $505,200 $664,400
2018 $5,924 $1,169,600 $505,200 $664,400
2017 $5,888 $1,158,600 $505,200 $653,400
2016 $5,832 $1,158,600 $505,200 $653,400
2015 -- $1,158,600 $505,200 $653,400
Source: Public Records

Agents Affiliated with this Home

  • Matt Preston

    Seller's Agent in 2020

    Matt Preston

    Twiddy and Company - Corolla

    (252) 207-6143

    44 in this area

    154 Total Sales

    Matt Preston
    Section Image
  • Connie Gray

    Buyer's Agent in 2020

    Connie Gray

    Island Crest OBX Realty

    (252) 202-8979

    25 Total Sales

    Connie Gray
    Section Image
  • Jason Summerton

    Seller's Agent in 2015

    Jason Summerton

    Twiddy and Company - Wash Woods

    (252) 202-0105

    333 in this area

    367 Total Sales

    Jason Summerton
    Section Image

  • G

    Buyer's Agent in 2015

    Glenn Jungen

    Twiddy and Company - Corolla

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110301

Outer Banks Association of REALTORS®

APN: 0102-000-009A-0000

North Carolina Currituck County Corolla 27927

1479 Ocean Pearl Rd, Corolla, NC

Not Listed for Sale

Detached

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