NOT LISTED FOR SALE

197 Hicks Bay Ln Corolla, NC 27927

Corolla Area

Estimated Value: $3,837,000 - $6,112,000

10 Beds
12 Baths
7,144 Sq Ft
$724/Sq Ft Est. Value

Sale Details

Date Sold: March 11, 2022

Last sale price $5,000,000 $700 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $29,681 / mo

3 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Health Club
  • Knotts Island Elementary School Rated 9+
  • Ocean View
  • Home Theater

About This Home

As of March 2022

Absolutely breathtaking oceanfront property, located in one of the premiere "ocean to sound" sections of Pine Island, with sweeping views in every direction! This home is in excellent condition and has every amenity you could ever want or need! With ten spacious bedrooms, all with private bathrooms, and large common areas throughout, everyone can enjoy their privacy in this luxurious, comfortable, and well-appointed property. From the moment you walk through the front door, you will feel the quality and appreciate the careful thought put into this beautifully designed home. Top-quality construction, high-end furniture, and décor, all with long-lasting, low maintenance in mind. You will LOVE the top floor, with views in every direction! Watch the sunrise over the ocean and the sunset over the sound with amazing, unobstructed views. The living area is very spacious and offers plenty of seating for large groups, a fireplace for those cool nights at the beach, a stunning custom chandelier over the large dining table, and a huge gourmet kitchen complete with a second dining/seating area and a screened porch for dining al fresco. Kitchen has a large bar with seating, granite countertops, stainless appliances, six-burner gas stove, wine cooler, and beautiful fixtures. There are three large master bedrooms on the top floor, all with amazing views and very well-appointed. There is even a raised sitting area off the living area so you can take in the views from a great vantage point while enjoying your coffee or afternoon cocktail. Mid floor game room with large pool table, wet bar, fireplace, and TV. Full game room with arcade games, card table, air hockey, shuffleboard, and bar with fridge and icemaker on the ground floor, as well as a large 15 seat theater room complete with tons of movies, perfect for a rainy day! The expansive stamped concrete pool deck area is perfect for soaking up the sun in the loungers and there is a large hot tub in the covered area, and the yard is beautifully landscaped too. Plenty of decking, both covered and sun, so you can sit outside and watch the dolphins go by and enjoy the warm salty breezes in one of the many seating areas. Tesla charging station, elevator, surround sound audio, screened porch, two-car garage, security system, lots of storage, outdoor bathroom off pool area (not counted in half bathroom total), and SO much more! Excellent investment property with a super strong rental history. Brand new, complete HVAC system! You must see this stunningly beautiful home in person, but be sure to check out the virtual tour by clicking the link or cut/paste into your browser...https://my.matterport.com/show/?m=ANRD5GLHKoU

Last Agent to Sell the Property

Heather McLay

OBX Homes License #188982 Listed on: 01/31/2022

OBX Homes

Co-Listed By

Crystal Swain

Twiddy and Company - Corolla License #321765

Last Buyer's Agent

Hunter Davis

Twiddy and Company - Corolla License #301647

Range of Values:

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Value Increase
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Percent Increase
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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

  • $15,723

Year Built

  • Built in 2014

Lot Details

  • Beach Front
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Level Lot

HOA Fees

  • $278 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 7,144 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Loft
  • Game Room
  • Screened Porch
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport

Pool

  • Cabana
  • Concrete Pool
  • In Ground Pool
  • Outdoor Shower
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 222

Community Details

Overview

  • Association fees include management, pool, tennis courts, walkways
  • Diane Kern Association, Phone Number (252) 261-1200
  • Pine Island Pud Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Health Club
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,723

Year Built

Built in 2014

Lot Details

0.63 Acres

HOA Fees

$278 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Craftsman, Coastal
  • Directions: Heading north on Rt 12 from Duck. Turn right onto Ogein Dr. Turn right on Hicks Bay Ln and the house will be on the left.
  • Extras: Beach Access, Boardwalk to Beach, Cabana, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Patio, Screened Porch, Security System, Smoke Detector(s), Sun Deck, Dry Entry
  • Headline: Absolutely SPECTACULAR!!
  • Heated Sq Ft: 7144
  • L V T Date: 01/31/2022
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Advertised Income 2020: 368297
  • Advertised Income 2021: 431835
  • Deed Book Pg Number: 302
  • 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, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
  • Bedrooms: 10
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 10
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Some Windows Treated, Washer Connection, Wet Bar
  • Optional Rooms: Breakfast Nook, Foyer, Game Room, Loft, Pantry, Utility Room, Home Theater
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Concrete, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Garage/Parking

  • Garage: 2 Car, Attached
  • Parking: Paved

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Heat Pump, Zoned
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Tennis Courts, Walkways
  • Association Amenities: Clubhouse, Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 3337
  • Hoa Contact: Diane Kern
  • HOA Contact: 252-261-1200

Lot Info

  • Lot Description: Beach Frontage, Cul-de-sac, Level, Water Frontage
  • Lot Number: Lot 222
  • Deed Book: 1526

Rental Info

  • Est Annual Rental Income: 453155
  • Estimated Rental Performance: 0.0906
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Sea Pearl
  • Rental Cottage Number: E222
  • Rental Phone Number: 252-457-1100
  • Rental Turnover Day: Saturday
  • Rental Contact Email: jkavanaugh@twiddy.com
  • Rental Contact Name: Jen Kavanaugh
  • Rental Contact Phone: 252-888-2163

Building Info

  • Year Built: 2014

Tax Info

  • Year: 2021
  • Taxes: 15722.7

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
Jan 31, 2022
Closed on
Mar 4, 2022
Sold by
Behl and Monika
Bought by
Seller's Agent
Heather McLay
OBX Homes
Buyer's Agent
Hunter Davis
Twiddy and Company - Corolla
List Price
$4,999,999
Sold Price
$5,000,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$5,028,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,759
Avg. Annual Appreciation
0.76%

Purchase Details

Listed on
Oct 8, 2019
Closed on
Mar 20, 2020
Sold by
Ceres Mark and Ceres Mary
Bought by
Behl Yugal and Madan Monika
Seller's Agent
Ray Meiggs
Twiddy and Co. - Duck
Buyer's Agent
Heather McLay
OBX Homes
List Price
$3,495,000
Sold Price
$3,200,000
Premium/Discount to List
-$295,000
-8.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.28%
Original Mortgage
$2,560,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 11, 2013
Closed on
Mar 6, 2013
Sold by
Schmidt Les and Hattum Joanne P
Bought by
Ceres Mark and Ceres Mary
Seller's Agent
Doug Brindley
Brindley Beach Vacations & Sales - Cor
Buyer's Agent
Will Gregg
Coldwell Banker Seaside Realty - KDH
List Price
$1,710,000
Sold Price
$1,140,000
Premium/Discount to List
-$570,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.79%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Corolla, NC

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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
-- Wheless W Jay
Behl Yugal $3,200,000 None Available
Ceres Mark $1,140,000 None Available
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
Previous Owner $2,560,000
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 Prior Sale
03/11/2022 03/11/22 Sold $5,000,000 0.0% $700 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $4,999,999 +56.2% $700 / Sq Ft
03/20/2020 03/20/20 Sold $3,200,000 -8.4% $459 / Sq Ft View Prior Sale
02/07/2020 02/07/20 For Sale $3,495,000 0.0% $501 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
10/08/2019 10/08/19 For Sale $3,495,000 +206.6% $501 / Sq Ft
03/08/2013 03/08/13 Sold $1,140,000 -33.3% -- View Prior Sale
02/14/2013 02/14/13 Pending -- -- --
01/11/2013 01/11/13 For Sale $1,710,000 -- --
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 $21,485 $2,924,200 $1,540,000 $1,384,200
2024 $21,469 $2,924,200 $1,540,000 $1,384,200
2023 $19,010 $2,924,200 $1,540,000 $1,384,200
2022 $15,738 $2,924,200 $1,540,000 $1,384,200
2021 $15,723 $2,348,400 $1,138,200 $1,210,200
2020 $13,069 $2,348,400 $1,138,200 $1,210,200
2019 $13,037 $2,348,400 $1,138,200 $1,210,200
2018 $0 $2,348,400 $1,138,200 $1,210,200
2017 $11,522 $2,348,400 $1,138,200 $1,210,200
2016 $11,522 $2,348,400 $1,138,200 $1,210,200
2015 $9,658 $1,138,200 $1,138,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117482

Outer Banks Association of REALTORS®

APN: 127C-000-0222-0000

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