Seller's Agent in 2019
Sandra LaRue
Corolla Beach Realty
(252) 435-5379
4 in this area
66 Total Sales
2222 Ocean Pearl Rd Corolla, NC 27927
Estimated Value: $402,973 - $545,000
3
Beds
2
Baths
1,450
Sq Ft
$343/Sq Ft
Est. Value
Highlights
- 75 Feet of Waterfront
- Canal View
- Sun or Florida Room
- Beach Access
- Traditional Architecture
- Corner Lot
About This Home
As of October 2019Canal Front 4 Wheel Drive Well Maintained updated 3 bedroom home with quick access to pedestrian walking path to the beach! This beach cottage has it all - Bulkheaded Canal Frontage, beautiful Canal Views, abundant Decks, Privacy with Live Oaks, Oversized estimated 28,000 SqFt corner lot and located just 6 lots from the Ocean.. Features of the home include beautifully furnished/decorated traditional floor plan that boasts a bright open main living area with Spacious Living room, Well Positioned Kitchen & Dining Area, Florida Style SunRoom and good size bedroom on the main living level. The large insulated SunRoom SqFT is an additional space and can be used as an additional sitting area or gathering place for the kids. Upstairs there are two additional spacious bedrooms and an updated bathroom. The bedroom located on the Southwest side has it's very own deck with picturesque views of the canal. In recent years, the owners have completed many upgraded improvements - Roof-2017, Duct Work, HVAC, Washer/Dryer, Stainless Appliances, Septic Tank, Water Treatment System, Hot Water Heater, Vinyl Siding, Flooring and Carpet. Home is located in Flood Zone X, where Flood Insurance is not mandatory. All Furniture and Furnishings convey with a $1.00 Bill of Sale. Home is prewired for Direct TV and WIFI. Estimated advertised gross rental income is $27,625.00 which is a 7.92%GRI. If you are looking for a well maintained turn key canal front & beach cottage all -in- one that is located in a private setting with Quick Access to the Sound and Quick Boat Commute from the Currituck Mainland or Knotts Island, then this is the home for you! Sit back, relax and enjoy the boating, fishing and beautiful Carova Beaches.
Last Agent to Sell the Property
Corolla Beach Realty License #244093 Listed on: 05/03/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,199
Year Built
- Built in 1990
Lot Details
- 0.64 Acre Lot
- 75 Feet of Waterfront
- Home fronts a canal
- Fenced Yard
- Corner Lot
- Unpaved Streets
Parking
- Unpaved Parking
Home Design
- Traditional Architecture
- Cottage
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Vinyl Construction Material
Interior Spaces
- 1,450 Sq Ft Home
- Furnished
- Ceiling Fan
- Gas Fireplace
- Sun or Florida Room
- Canal Views
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Beach Access
- Sun Deck
Utilities
- Heat Pump System
- Water Filtration System
- Well
- Private or Community Septic Tank
Community Details
- Carova Beach Subdivision
Listing and Financial Details
- Legal Lot and Block 25 / 2
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2019
Closed on
Sep 25, 2019
Sold by
Molloy Richard R and Molloy Carol F
Bought by
Kerstiens Joseph P and Kerstiens Jennifer S
Seller's Agent
Sandra LaRue
Corolla Beach Realty
Buyer's Agent
Chelsea Jordan
Coldwell Banker Seaside Realty KH
List Price
$349,000
Sold Price
$323,000
Premium/Discount to List
-$26,000
-7.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,162
Avg. Annual Appreciation
7.12%
Original Mortgage
$150,000
Outstanding Balance
$97,653
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$399,590
Purchase Details
Closed on
Sep 22, 2006
Sold by
Gimbert John W
Bought by
Molloy Richard R and Molloy Carol F
Purchase Details
Closed on
Jan 12, 2005
Sold by
Myers Samantha L
Bought by
Gimbert John W
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kerstiens Joseph P | $323,000 | None Available | |
| Molloy Richard R | $328,000 | None Available | |
| Gimbert John W | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kerstiens Joseph P | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/02/2019 10/02/19 | Sold | $323,000 | -7.4% | $223 / Sq Ft |
| 09/02/2019 09/02/19 | Pending | -- | -- | -- |
| 08/12/2019 08/12/19 | For Sale | $349,000 | +8.0% | $241 / Sq Ft |
| 08/10/2019 08/10/19 | Off Market | $323,000 | -- | -- |
| 05/03/2019 05/03/19 | For Sale | $349,000 | -- | $241 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $1,644 | $215,000 | $79,200 | $135,800 |
| 2024 | $1,680 | $215,000 | $79,200 | $135,800 |
| 2023 | $1,537 | $215,000 | $79,200 | $135,800 |
| 2022 | $1,307 | $215,000 | $79,200 | $135,800 |
| 2021 | $1,277 | $211,300 | $77,900 | $133,400 |
| 2020 | $1,221 | $211,300 | $77,900 | $133,400 |
| 2019 | $1,218 | $211,300 | $77,900 | $133,400 |
| 2018 | $0 | $211,300 | $77,900 | $133,400 |
| 2017 | $1,160 | $211,300 | $77,900 | $133,400 |
| 2016 | $1,160 | $211,300 | $77,900 | $133,400 |
| 2015 | -- | $211,300 | $77,900 | $133,400 |
Source: Public Records
Agents Affiliated with this Home
-
Sandra LaRue
-
Daniel LaRue
Seller Co-Listing Agent in 2019
Daniel LaRue
Corolla Beach Realty
(551) 404-7777
4 in this area
44 Total Sales
-
Chelsea Jordan
Buyer's Agent in 2019
Chelsea Jordan
Coldwell Banker Seaside Realty KH
(252) 207-6659
51 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 104998
APN: 087A-002-0025-0004
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