NOT LISTED FOR SALE

261 Ballast Point Corolla, NC 27927

Estimated Value: $2,565,000 - $3,224,000

6 Beds
5.5 Baths
3,695 Sq Ft
$782/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $2,075,000 $562 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $16,454/month

5 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Ocean View
  • Cathedral Ceiling
  • Community Beach Access
  • In Ground Pool
  • Wood Flooring

About This Home

As of June 2021

Pride of ownership shows in this sparkling 6 bedroom oceanfront home. Since purchasing the home the owner has replaced, repaired and improved the property. Landscaped yard with irrigation and low voltage lighting. Most Andersen windows have been replaced. New mattresses, under counter icemaker, living room couches, dining room furniture, 7 person hot tub, roof, 65 inch tv and interior and exterior painting in the last 3 years. Strong rental history. More pictures on Sunday . Can check out on Twiddy website E189.

Last Agent to Sell the Property

Daphne Degabrielle

Outer Banks Realty Group License #136949 Listed on: 04/07/2021

Last Buyer's Agent

Denise Graham

Keller Williams - Outer Banks License #190990

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,480

Year Built

  • Built in 1998

Lot Details

  • 0.6 Acre Lot
  • 100 Feet of Waterfront
  • Ocean Front
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Sprinkler System

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3,695 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Fuel Tank
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 189

Community Details

Overview

  • Association fees include management, pool, road maintenance, security, tennis courts, walkways
  • Seaside Management Association
  • Pine Island Pud Subdivision

Amenities

  • Common Area

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,480

Year Built

Built in 1998

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: From 12 turn East on Pine Gate Turn right on Longfellow and take first left on Ballast Point. House is in center.
  • Extras: Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry
  • Flood Zone: X
  • Headline: Immaculate Oceanfront
  • Heated Sq Ft: 3695
  • L V T Date: 04/08/2021
  • Phase: 6
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 126867
  • Deed Book Pg Number: 521
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C25379
  • 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: 6
  • Bedroom 1: On Level: 2
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 2
  • Bedroom 6: On Level: Ground
  • Kitchen: On Level: 2
  • Countertops: Granite, Laminate, Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Walk in Closet, Washer Connection
  • Dining Room: On Level: 2
  • Game Room: On Level: Ground
  • Living Room: On Level: 2
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Gunite, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound
  • Water Frontage: 100

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Electric, Heat Pump, Zoned
  • Fuel Tanks: Leased
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3000
  • Hoa Contact: Seaside Management
  • HOA Contact: kellyshields@seasidemanag
  • Home Owner Dwelling Insurance: 8400

Lot Info

  • Estimated Lot Sq Ft: 26321
  • Lot Description: Cul-de-sac, Water Frontage
  • Lot Faces: E
  • Lot Number: Lot 189
  • Estimated Lot Size: 0.60
  • Deed Book: 1451

Rental Info

  • Flood Expenses: 724
  • Lease Terms: Weekly
  • Poolspa Expense: 3800
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Great Escapes II
  • Rental Cottage Number: E189
  • Rental Phone Number: 457-1100
  • Rental Turnover Day: Suday
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 2500
  • Annual Electric: 3500
  • Annual Telephone Expense: 400
  • Annual Water Expense: 815
  • Rental Contact Email: jkavanaugh@twiddy.com
  • Rental Contact Name: Jenn Kavanaugh
  • Rental Contact Phone: 252 457-1100

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2020
  • Taxes: 8479.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jun 3, 2021
Sold by
Brodie Christopher T and Brodie Jennifer B
Bought by
Lista George
Seller's Agent
Daphne Degabrielle
Outer Banks Realty Group
Buyer's Agent
Denise Graham
Keller Williams - Outer Banks
List Price
$2,045,000
Sold Price
$2,075,000
Premium/Discount to List
$30,000
1.47%
Current Estimated Value
$2,872,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$797,119
Avg. Annual Appreciation
7.43%
Original Mortgage
$1,500,000
Outstanding Balance
$1,349,157
Interest Rate
2.9%
Mortgage Type
Undefined Multiple Amounts
Estimated Equity
$1,538,625

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jul 18, 2018
Sold by
Mcnutlty Edward F and Mcnutlty Elanor M
Bought by
Brodie Christopher T and Brodie Jennifer B
Seller's Agent
Four Seasons Realty
Four Seasons Realty
Buyer's Agent
Daphne Degabrielle
Outer Banks Realty Group
List Price
$1,799,000
Sold Price
$1,565,000
Premium/Discount to List
-$234,000
-13.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%
Original Mortgage
$1,252,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1998
Bought by
Mcnulty Edward F and Mcnulty Eleanor
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lista George $2,075,000 None Available
Brodie Christopher T $1,565,000 None Available
Mcnulty Edward F $445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lista George $1,500,000
Previous Owner Brodie Christopher T $1,252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2021 06/04/21 Sold $2,075,000 +1.5% $562 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $2,045,000 +30.7% $553 / Sq Ft
07/18/2018 07/18/18 Sold $1,565,000 -6.6% $424 / Sq Ft View Prior Sale
06/08/2018 06/08/18 Pending -- -- --
04/06/2018 04/06/18 Price Changed $1,675,000 -1.4% $453 / Sq Ft
09/23/2017 09/23/17 Price Changed $1,699,000 -2.9% $460 / Sq Ft
07/25/2017 07/25/17 Price Changed $1,749,000 -2.8% $473 / Sq Ft
04/21/2017 04/21/17 For Sale $1,799,000 -- $487 / 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 $14,233 $1,946,100 $1,582,000 $364,100
2024 $14,233 $1,946,100 $1,582,000 $364,100
2023 $14,217 $1,946,100 $1,582,000 $364,100
2022 $10,552 $1,946,100 $1,582,000 $364,100
2021 $10,537 $1,511,600 $1,169,200 $342,400
2020 $8,480 $1,511,600 $1,169,200 $342,400
2019 $8,495 $1,511,600 $1,169,200 $342,400
2018 $8,372 $1,511,600 $1,169,200 $342,400
2017 $0 $1,511,600 $1,169,200 $342,400
2016 $7,596 $1,511,600 $1,169,200 $342,400
2015 -- $1,511,600 $1,169,200 $342,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 113758

Outer Banks Association of REALTORS®

APN: 127C-000-0189-0000