$725,000
SOLD OCT 30, 2020
4 Beds
3.5 Baths
1,888 Sq Ft
1.01 Acres

Recently Sold

$384 Per Sq Ft

3% Below List Price

43 Days on Market

Highlights

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

About This Home

As of October 2020

Charming oceanfront property located in North Swan Beach, a 4 wheel drive section of Corolla NC. Beautiful Atlantic Ocean views throughout the upper level! Home has been well maintained by the owner. Home is a second home and not a rental property. Pool is not useable at this time. Needs to have the sand removed and area cleaned to be in full use.

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 08/03/2020

Co-Listed By

Janice Scarborough

Howard Hanna Outer Banks Realt License #265742

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 08/03/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,659

Year Built

  • Built in 2015

Lot Details

  • 1.01 Acre Lot
  • Beach Front
  • Unpaved Streets

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 1,888 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Community Details

  • North Swan Bch Subdivision

Listing and Financial Details

  • Legal Lot and Block A / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,659

Year Built

Built in 2015

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal, Cottage
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Outside Shower, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Flood Zone: Cobra, VE, X
  • Heated Sq Ft: 1888
  • L V T Date: 11/03/2020
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 716
  • 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: 4
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Ensuite
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 50

Lot Info

  • Estimated Lot Sq Ft: 43995
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot A
  • Estimated Lot Size: 1.01
  • Deed Book: 1286

Building Info

  • Year Built: 2015

Tax Info

  • Year: 2020
  • Taxes: 2659.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Oct 20, 2020
Sold by
Franson John S and Franson Tracy D
Bought by
Ainslie Michael G and Ainslie Cynthia S
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%
Current Estimated Value
$1,155,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,212
Avg. Annual Appreciation
10.23%
Original Mortgage
$580,000
Outstanding Balance
$521,971
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$629,644

Purchase Details

Listed on
Oct 24, 2013
Closed on
Apr 2, 2014
Sold by
Neely Ted K and Neely Linda G
Bought by
Franson John S
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.68%
Original Mortgage
$375,000
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 6, 2013
Closed on
Aug 21, 2013
Sold by
Indymac Venture Llc
Bought by
Neely Ii Ted K
Seller's Agent
John Dean
Default, Office
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$221,900
Sold Price
$191,250
Premium/Discount to List
-$30,650
-13.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.76%

Purchase Details

Closed on
Feb 14, 2013
Sold by
Blakely Steven D and Blakely Brian
Bought by
Indymac Venture Llc

Purchase Details

Closed on
Nov 9, 2006
Sold by
Blakely Brian
Bought by
Blakely Steven Edward
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $725,000 None Available
Warranty Deed $280,000 None Available
Special Warranty Deed $191,500 None Available
Trustee Deed $193,500 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $580,000 New Conventional
Previous Owner $375,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $725,000 -3.3% $384 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $750,000 +167.9% $397 / Sq Ft
04/22/2014 04/22/14 Sold $280,000 -6.6% --
03/27/2014 03/27/14 Pending -- -- --
10/24/2013 10/24/13 For Sale $299,900 +56.8% --
08/28/2013 08/28/13 Sold $191,250 -13.8% --
07/30/2013 07/30/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $221,900 -- --
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 $5,006 $744,200 $304,900 $439,300
2023 $5,006 $736,100 $304,900 $431,200
2022 $3,724 $736,100 $304,900 $431,200
2021 $3,615 $522,800 $229,900 $292,900
2020 $2,659 $522,800 $229,900 $292,900
2019 $2,659 $522,800 $229,900 $292,900
2018 $0 $522,800 $229,900 $292,900
2017 $2,623 $522,800 $229,900 $292,900
2016 $2,623 $522,800 $229,900 $292,900
2015 -- $229,900 $229,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111713

Outer Banks Association of REALTORS®

APN: 099A-002-000A-0003