NOT LISTED FOR SALE

1967 Ocean Pearl Rd Corolla, NC 27927

Estimated Value: $466,000 - $607,000

3 Beds
3 Baths
1,568 Sq Ft
$335/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $330,000 $210 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,920/month

30 Days on Market

Highlights

  • Ocean View
  • Coastal Architecture
  • Furnished
  • Second Refrigerator
  • Cathedral Ceiling
  • Corian Countertops

About This Home

As of December 2020

Charming 2nd home in the X flood zone, which means you do not need any flood insurance. This home is well kept as it has been a 2nd home, not a weekly rental. Property is located in North Swan Beach, which is located in a 4 wheel drive area of Corolla, NC. Beautiful Atlantic Ocean views from the upper level deck to enjoy the gorgeous sunrises every morning. The Wild Spanish Mustangs roam this area along with the other wild life of Currituck County. This is a unique area and fabulous place to enjoy a peaceful vacation, 2nd home or primary home. 3 bedrooms and 3 full baths with a large open living room and kitchen. Nice deck off the dining room with a screened in porch off the kitchen. The entry level has a large room for storage, washer and dryer, and utilities. Outside there is a large closed area for your off road vehicles, lawn care, and storage. Then you have your outside shower and of course your fish cleaning station too. Load up your vehicle with all your beach toys and take a short drive right around the corner to the Atlantic Oceanfront to enjoy the spectacular beaches of the Northern Outer Banks.

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 09/19/2020

Co-Listed By

Janice Scarborough

Howard Hanna Outer Banks Realt License #265742

Last Buyer's Agent

Matt Preston

Twiddy and Company - Corolla License #288364

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,233

Year Built

  • Built in 2003

Lot Details

  • 0.34 Acre Lot
  • Landscaped
  • Unpaved Streets

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Cottage
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,568 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Screened Porch
  • Utility Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Corian Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Storage Shed

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Private or Community Septic Tank

Community Details

  • Jan Epstein Association, Phone Number (703) 944-8950
  • North Swan Bch Subdivision

Listing and Financial Details

  • Tax Lot 91

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,233

Year Built

Built in 2003

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal, Cottage
  • Extras: Ceiling Fan(s), Landscaped, Outside Shower, Screened Porch, Storage Shed, Sun Deck, Inside Laundry Room
  • Flood Zone: Cobra, X
  • Headline: X Flood Zone in Swan Beach!
  • Heated Sq Ft: 1568
  • L V T Date: 09/19/2020
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res
  • Deed Book Pg Number: 379
  • 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, 2nd Refrigerator
  • Bedrooms: 3
  • Countertops: Corian
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Pantry, Walk in Closet
  • Optional Rooms: Utility Room

Exterior Features

  • Construction: Frame
  • Exterior: Shakes, Vinyl
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 50
  • Hoa Contact: Jan Epstein
  • HOA Contact: 703-944-8950

Lot Info

  • Estimated Lot Sq Ft: 14810
  • Lot Number: Lot 91
  • Estimated Lot Size: 0.34
  • Deed Book: 1349

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2019
  • Taxes: 1232.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2020
Closed on
Nov 30, 2020
Sold by
Hoillomon Darius H and Farmer Melinda S
Bought by
Wells Louis John and Smoot Angela Renee
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Matt Preston
Twiddy and Company - Corolla
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%
Current Estimated Value
$524,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,994
Avg. Annual Appreciation
9.55%
Original Mortgage
$264,000
Outstanding Balance
$233,848
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$291,146

Purchase Details

Closed on
Nov 23, 2015
Sold by
Hollomon Darius H
Bought by
Hollomon Darius H and Farmer Melinda S

Purchase Details

Closed on
Feb 11, 2011
Sold by
Hollomon Darius H
Bought by
Hollomon Darius H and Darius H Hollomon Iv Living Trust
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
Wells Louis John $330,000 None Available
Hollomon Darius H -- Attorney
Hollomon Darius H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Louis John $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2020 12/03/20 Sold $330,000 -5.7% $210 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
09/19/2020 09/19/20 For Sale $349,900 -- $223 / 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
2025 $2,072 $291,400 $40,000 $251,400
2024 $2,072 $291,400 $40,000 $251,400
2023 $2,063 $291,400 $40,000 $251,400
2022 $1,579 $291,400 $40,000 $251,400
2021 $1,571 $225,600 $44,500 $181,100
2020 $1,233 $225,600 $44,500 $181,100
2019 $1,233 $225,600 $44,500 $181,100
2018 $1,233 $225,600 $44,500 $181,100
2017 $1,197 $225,600 $44,500 $181,100
2016 $1,197 $225,600 $44,500 $181,100
2015 $1,197 $225,600 $44,500 $181,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111109

Outer Banks Association of REALTORS®

APN: 099A-000-0091-0003