NOT LISTED FOR SALE

1599 Ocean Pearl Rd Corolla, NC 27927

Estimated Value: $779,820 - $877,000

6 Beds
3 Baths
2,452 Sq Ft
$339/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $630,000 $257 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,515/month

6 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Corner Lot
  • In Ground Pool
  • Loft
  • Furnished

About This Home

As of June 2021

Meticulously maintained 3rd row corner cottage with amazing Ocean Views and Wildlife Refuge views! This 6 bedroom home makes for the perfect second home, or investment opportunity. With only two lots between this property and the beach, attention to detail and maintaining this home has been KEY to these sellers. The first floor offers 3 bedrooms, a shared bathroom, and a game area. On the top floor you will find a spacious open concept living area with bamboo flooring. The kitchen includes beautiful hickory cabinets and floating cork tile. Along with the large master bedroom on the top floor, you will find two more bedrooms. Up another flight of stairs, you will find a loft that displays amazing ocean views with a private deck. This area can easily be transformed into an 'at home office'. Off of the kitchen area you can find a spacious mahogany trimmed screened in porch with bronze screens, which connects to the exterior wrap around deck. *RECENT UPDATES INCLUDE*- 2021- All sliders in the home replaced, exterior painted, hot water heater replaced- 2019- all windows replaced with Anderson 400 series tilt wash 2018- New high end poly deck furniture added. LOCATED IN THE PREFERRED x FLOOD ZONE Note: Bedrooms include bedding but have been removed and stored during rental season per COVID policies.

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 05/04/2021

Co-Listed By

Emily Morris

Twiddy and Company - Wash Woods License #304377

Last Buyer's Agent

Heather McLay

OBX Homes License #188982

OBX Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,001

Year Built

  • Built in 1998

Lot Details

  • Corner Lot
  • Unpaved Streets

Property Views

  • Ocean
  • Park or Greenbelt

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,452 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Loft
  • Screened Porch

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Sun Deck

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Well
  • Private or Community Septic Tank

Community Details

  • Swan Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 17

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,001

Year Built

Built in 1998

Lot Details

0.34 Acres

Listing Details

  • Class: RESIDENTIAL
  • Directions: Approximately 3 miles up the beach. Over ramp at MP 16. Straight back house onleft corner of Ocean Pearl Road
  • Extras: Ceiling Fan(s), Hot Tub, Outside Shower, Screened Porch, Sun Deck
  • Flood Zone: Cobra, X
  • Headline: AMAZING OCEAN VIEWS!
  • Heated Sq Ft: 2452
  • L V T Date: 05/04/2021
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: Res
  • Advertised Income 2020: 44695
  • Advertised Income 2021: 55609
  • 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, Washer
  • Bedrooms: 6
  • Floor Coverings: Carpet, Tile, Vinyl, Wood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Some Windows Treated
  • Optional Rooms: Loft

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Park Serv/Preserve

Garage/Parking

  • Garage: Carport

Utilities

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

Lot Info

  • Lot Description: Corner
  • Lot Number: Lot 6
  • Deed Book: 1045

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Morning Star
  • Rental Cottage Number: S51599
  • Rental Phone Number: 252-457-1100
  • Rental Turnover Day: Saturday
  • Rental Contact Email: jkavanaugh@twiddy.com
  • Rental Contact Name: Jen Kavanaugh
  • Rental Contact Phone: 252-457-1169

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2020
  • Taxes: 2001.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2024
Sold by
Schad Alexander Bradley and Schad Megan Massey
Bought by
Goodman Richard Thomas and Goodman Joelyn M
Current Estimated Value
$831,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$589,749
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$241,706

Purchase Details

Listed on
May 4, 2021
Closed on
Jun 7, 2021
Sold by
Stevenson Todd B and Stevenson Janel
Bought by
Schad Alexander Bradley and Schad Megan Massey
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Heather McLay
OBX Homes
List Price
$615,000
Sold Price
$630,000
Premium/Discount to List
$15,000
2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$543,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2008
Sold by
Stevenson Todd B and Stevenson Janel
Bought by
Stevenson Todd B and Stevenson Janel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2006
Sold by
Buczynski Joseph E and Buczynski Kathleen T
Bought by
Stevenson Todd B and Stevenson Janel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
6.31%
Mortgage Type
New Conventional
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Goodman Richard Thomas $800,000 None Listed On Document
Goodman Richard Thomas $800,000 None Listed On Document
Schad Alexander Bradley $630,000 None Available
Stevenson Todd B -- Realty Title
Stevenson Todd B $590,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodman Richard Thomas $600,000
Closed Goodman Richard Thomas $600,000
Previous Owner Schad Alexander Bradley $543,250
Previous Owner Stevenson Todd B $455,000
Previous Owner Stevenson Todd B $472,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $630,000 +2.4% $257 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $615,000 -- $251 / 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 $2,837 $407,400 $60,000 $347,400
2024 $2,837 $407,400 $60,000 $347,400
2023 $2,800 $407,400 $60,000 $347,400
2022 $2,126 $407,400 $60,000 $347,400
2021 $2,117 $382,900 $64,700 $318,200
2020 $2,001 $382,900 $64,700 $318,200
2019 $2,001 $382,900 $64,700 $318,200
2018 $1,999 $382,900 $64,700 $318,200
2017 $1,965 $382,900 $64,700 $318,200
2016 $1,965 $382,900 $64,700 $318,200
2015 $1,965 $382,900 $64,700 $318,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114201

Outer Banks Association of REALTORS®

APN: 101A-017-0006-0001

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