Seller's Agent in 2020
Matt Whelan
Outer Banks Blue Realty Srvcs.
(252) 202-2891
31 Total Sales
263 Ballast Point Corolla, NC 27927
Estimated Value: $2,436,000 - $3,412,000
6
Beds
5.5
Baths
4,280
Sq Ft
$674/Sq Ft
Est. Value
Highlights
- Ocean Front
- In Ground Pool
- Cathedral Ceiling
- Beach Access
- Coastal Architecture
- Furnished
About This Home
As of September 2020Beautiful Oceanfront Estate with OCEAN and SOUND views is nicely tucked away off a small cul-de-sac in Pine Island. This six bedroom home was just remodeled and painted, so she is ready to go! Appointed with an elevator and a dumbwaiter, makes access for everyone and everything easy. The reverse floor plan really takes advantage of the expansive Atlantic Ocean views from the kitchen, dining room, living room and top floor master. Sitting up in the ship watch to enjoy views of both the Atlantic and the Currituck Sound or enjoy either view by relaxing on any of the expansive decks. The beach is easily accessed from the private walkway or enjoy hanging out on the dune top sitting area. Enjoyment for all can be had in the private pool or hot tub. Be sure to check out the 3D tour by clicking the virtual tour link in the listing. This home has always been a proven rental and should for sure improve this year with all the upgrades.
Last Agent to Sell the Property
Outer Banks Blue Realty Srvcs. License #168217 Listed on: 01/18/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,400
Year Built
- Built in 1996
Lot Details
- 0.53
HOA Fees
- $270 Monthly HOA Fees
Property Views
- Ocean Views
- Views of a Sound
Home Design
- Coastal Architecture
- Masonry Perimeter Foundation
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Masonry
Interior Spaces
- 4,280 Sq Ft Home
- Elevator
- Furnished
- Cathedral Ceiling
- Gas Fireplace
- Entrance Foyer
- Game Room
Kitchen
- Breakfast Area or Nook
- Built-In Oven
- Built-In Range
- Microwave
- Ice Maker
- Dishwasher
- Granite Countertops
- Laminate Countertops
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Laundry Room
- Stacked Washer and Dryer
Parking
- Garage
- Carport
- Off-Street Parking
Pool
- In Ground Pool
- Fiberglass Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Municipal Utilities District Water
- Community Sewer or Septic
Additional Features
- Beach Access
- Ocean Front
Listing and Financial Details
- Tax Lot 188
Community Details
Overview
- Association fees include management, pool, tennis courts
- Twiddy Association
- Pine Island Pud Subdivision
Recreation
- Community Boardwalk
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 18, 2020
Closed on
Sep 18, 2020
Sold by
Leonard Robert J and Robert John Leonard Trust
Bought by
Mendu Lingaiah and Mendu Shoba
Seller's Agent
Matt Whelan
Outer Banks Blue Realty Srvcs.
Buyer's Agent
Alan Creech
Outer Banks Realty Group
List Price
$1,900,000
Sold Price
$1,690,000
Premium/Discount to List
-$210,000
-11.05%
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
$1,194,194
Avg. Annual Appreciation
11.12%
Original Mortgage
$1,267,500
Outstanding Balance
$1,124,822
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,759,372
Purchase Details
Closed on
May 9, 2014
Sold by
Leonard Robert J
Bought by
Leonard Robert J and Robert John Leonard Trust
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 |
|---|---|---|---|
| Mendu Lingaiah | $1,690,000 | None Available | |
| Leonard Robert J | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mendu Lingaiah | $1,267,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/25/2020 09/25/20 | Sold | $1,690,000 | -6.1% | $395 / Sq Ft |
| 07/30/2020 07/30/20 | Pending | -- | -- | -- |
| 07/05/2020 07/05/20 | Price Changed | $1,799,900 | -5.3% | $421 / Sq Ft |
| 01/18/2020 01/18/20 | For Sale | $1,900,000 | -- | $444 / 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 |
|---|---|---|---|---|
| 2024 | $14,815 | $2,019,300 | $1,456,000 | $563,300 |
| 2023 | $14,819 | $2,019,300 | $1,456,000 | $563,300 |
| 2022 | $10,878 | $2,019,300 | $1,456,000 | $563,300 |
| 2021 | $10,877 | $1,815,200 | $1,251,300 | $563,900 |
| 2020 | $10,040 | $1,815,200 | $1,251,300 | $563,900 |
| 2019 | $10,040 | $1,815,200 | $1,251,300 | $563,900 |
| 2018 | $10,040 | $1,815,200 | $1,251,300 | $563,900 |
| 2017 | $9,098 | $1,815,200 | $1,251,300 | $563,900 |
| 2016 | $9,098 | $1,815,200 | $1,251,300 | $563,900 |
| 2015 | $9,098 | $1,787,800 | $1,251,300 | $536,500 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Whelan
-
Alan Creech
Buyer's Agent in 2020
Alan Creech
Outer Banks Realty Group
(252) 455-1420
2 in this area
39 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 107935
APN: 127C-000-0188-0000
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