NOT LISTED FOR SALE

1481 Ocean Pearl Rd Corolla, NC 27927

Carova Beach Area

Estimated Value: $1,796,621 - $2,334,000

10 Beds
11 Baths
6,240 Sq Ft
$341/Sq Ft Est. Value

Sale Details

Date Sold: December 15, 2016

Last sale price $1,110,000 $178 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $12,335 / mo

1431 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • 99,995 Sq Ft lot
  • Knotts Island Elementary School Rated 9+
  • Cabana
  • Second Refrigerator

About This Home

As of December 2016

Owner Financing Available. This is a rental house. Some personal effects excluded. Owner is a NC Real Estate Broker. ELockbox is up front stairs on 2nd story entrance door. This is a rental house, please call agent for appt.

Last Agent to Sell the Property

Debra Moore

Debra L. Moore, Broker License #161927 Listed on: 11/29/2012

Last Buyer's Agent

Kelly Dean

Real Broker, LLC License #273801

Real Broker, LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,335

Year Built

  • Built in 2004

Lot Details

  • 2.3 Acre Lot
  • Lot Dimensions are 100.55x1013.5x99.3x1002.5
  • Beach Front
  • 100 Feet of Waterfront
  • Fenced Yard
  • Landscaped
  • Unpaved Streets

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Traditional Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked
  • Vinyl Construction Material

Interior Spaces

  • 6,240 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Game Room
  • Screened Porch
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Marble Countertops
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 11 Full Bathrooms
  • Whirlpool Bathtub
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Gazebo
  • Tiki or Chickee Hut
  • Storage Shed

Utilities

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

Community Details

  • Community Boardwalk

Listing and Financial Details

  • Tax Lot #0008

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,335

Year Built

Built in 2004

Lot Details

2.3 Acres

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Traditional
  • Directions: Drive 2.3 miles N on beach to MP15 turn left on Munsion Lane. Drive behind houses, 4th house on left
  • Extras: Beach Access, Boardwalk to Beach, Cabana, Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Gazebo, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Storage Shed, Sun Deck, Water Filter, Water Softener, Whirlpool/Spa, Tiki Bar
  • Heated Sq Ft: 6240
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 0000
  • Unheated Lvarsf: 165
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 947
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 10
  • Bedroom 1: On Level: 3
  • Bedroom 2: On Level: 3
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 2
  • Bedroom 6: On Level: 2
  • Bedroom 7: On Level: 1
  • Bedroom 8: On Level: 1
  • Kitchen: On Level: 3
  • Countertops: Granite, Marble
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 11
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Walk in Closet, Washer Connection, Wet Bar
  • Dining Room: On Level: 3
  • Game Room: On Level: 1
  • Living Room: On Level: 3
  • Optional Room 3: On Level: 1
  • Optional Rooms: Foyer, Game Room, Office
  • Optional Room 1: ExerciseRm, On Level: 1

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 99
  • View: Ocean, Sound
  • Water Frontage: 100

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Well

Lot Info

  • Estimated Lot Sq Ft: 99995
  • Lot Description: Beach Frontage
  • Lot Faces: E
  • Lot Size: 100.55x1013.5x99.3x1002.5
  • Lot Number: Lot #0008
  • Deed Book: 483

Rental Info

  • Est Annual Rental Income: 112147
  • Estimated Rental Performance: 0.101
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Prime Time Plus
  • Rental Cottage Number: R11481
  • Rental Phone Number: 252-457-1172
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 2004

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2013
  • Taxes: 6335.33

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
Nov 29, 2012
Closed on
Dec 12, 2016
Sold by
Bought by
Seller's Agent
Debra Moore
Debra L. Moore, Broker
Buyer's Agent
Kelly Dean
Real Broker, LLC
List Price
$1,899,000
Sold Price
$1,110,000
Premium/Discount to List
-$789,000
-41.55%
Current Estimated Value
$2,126,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,016,655
Avg. Annual Appreciation
6.98%
Original Mortgage
$832,500
Outstanding Balance
$656,500
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$1,470,155

Purchase Details

Closed on
Jan 21, 2000
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,110,000 Attorney
$66,000 --
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 $512,900
Open $832,500
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
12/15/2016 12/15/16 Sold $1,110,000 -41.5% $178 / Sq Ft
10/30/2016 10/30/16 Pending -- -- --
11/29/2012 11/29/12 For Sale $1,899,000 -- $304 / 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 $7,768 $1,207,000 $294,300 $912,700
2024 $7,768 $1,207,000 $294,300 $912,700
2023 $7,759 $1,207,000 $294,300 $912,700
2022 $5,805 $1,207,000 $294,300 $912,700
2021 $5,797 $1,288,200 $297,200 $991,000
2020 $6,348 $1,288,200 $297,200 $991,000
2019 $6,347 $1,288,200 $297,200 $991,000
2018 $6,347 $1,288,200 $297,200 $991,000
2017 $6,312 $1,288,200 $297,200 $991,000
2016 $6,311 $1,288,200 $297,200 $991,000
2015 $6,311 $1,288,200 $297,200 $991,000
Source: Public Records

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 77045

Outer Banks Association of REALTORS®

APN: 0102-000-0008-0000

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