NOT LISTED FOR SALE

295 Longfellow Cove Corolla, NC 27927

Estimated Value: $2,165,000 - $4,427,000

6 Beds
8 Baths
5,043 Sq Ft
$598/Sq Ft Est. Value

Sale Details

Date Sold: January 11, 2019

Last sale price $2,175,000 $431 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $17,896 / mo

62 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Second Refrigerator
  • Community Beach Access
  • Heated In Ground Pool
  • Coastal Architecture

About This Home

As of January 2019

This one is going to wow you! If you're looking for a stunningly beautiful oceanfront home, you've just found it. Original owner, and never rented, this property is truly unique. Lovingly maintained with very little wear and tear, you won't have to do a single thing to immediately enjoy this amazing home to the fullest. From the moment you step through the front door into the elegant foyer, you will be impressed with the quality and care which has gone into this very special place. Located in the popular and upscale Pine Island subdivision with the beautiful wide beaches of Corolla in your backyard, this property is nestled behind several oak trees on a quiet cul-de-sac of mostly second homes where you will find it to be the perfect retreat, with ocean views that will take your breath away! The huge windows in the great room and dining area allow for some of the most spectacular views you've seen from an oceanfront home. Large gourmet kitchen with granite counter tops, wine cooler, Subzero fridge, lots of cabinet space, under cabinet lighting, and counter top stove/grill, opens to the living/dining areas, making it perfect for entertaining. Elegant and spacious living and dining areas are aesthetically pleasing and very comfortable too, complete with a gas fireplace for those cool fall evenings. Great sun decks with plenty of room for eating outdoors and taking in the views. A self-playing grand piano makes for the perfect entertainment showcase. Huge master bedroom suite on top floor, with deck access on both ocean and sound sides, fireplace sitting area, desk/office space, and large master bath with jet tub overlooking the ocean, heated tile floors, separate shower area, and big walk-in closet. Mid-level has a library/den area with another fireplace where you can shut off from the rest of the house and work (if you must!) while you look out over the gorgeous backyard pool area, which has plenty of room to lounge and enjoy the custom pool and large, brand new hot tub. Mid floor has a wing that can be closed off, comprised of two master bedrooms (one small bunk room and one large queen room) and the laundry room. Another two very spacious master bedrooms on mid floor. Both these masters have deck access and large private bathrooms, complete with dual vanities and jet tubs. There is also a powder room on mid-level. The ground floor has another very comfortable den/living area with mini fridge, ice maker, microwave and sink. The 6th bedroom, full bathroom, and an additional yoga/meditation room are also on the ground floor. Slider from den opens to the pool area where you can soak up the sun in the loungers or dip in the pool on those hot summer days. Private walkway to the beach with built in benches (new in 2018) allows you to watch the waves with your morning coffee while the sun comes up over the ocean. Very strong, well vegetated dune offers peace of mind for oceanfront living. Other great features of this amazing property include a two car garage, elevator, custom trim and woodwork throughout, solid panel doors, Pine Island airport nearby, plenty of storage, large cedar closets, central vac, new water heaters, heated pool, outdoor shower, custom Hunter Douglas silhouette blinds, recently painted exterior, surround sound speakers, weather station, beautifully landscaped yard with landscape lights and irrigation system, plenty of both covered and sun decks, stamped concrete driveway, security system, very quiet/uncrowded beach, turn key condition with a meticulous original owner, and so much more...This home is pristine! Calling all discerning buyers. This is the one you've been waiting for. Oceanfront living at its finest. Be sure to view the Matterport virtual tour of this home by clicking the link or cut/paste into your browser: https://my.matterport.com/show/?m=d9oa9NaFwKr&mls=1

Last Agent to Sell the Property

Heather McLay

OBX Homes License #188982 Listed on: 09/06/2018

OBX Homes

Last Buyer's Agent

Heather McLay

OBX Homes License #188982 Listed on: 09/06/2018

OBX Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,410

Year Built

  • Built in 1996

Lot Details

  • Beach Front
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $259 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 5,043 Sq Ft Home
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Library

Kitchen

  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Garage Door Opener

Pool

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

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 172

Community Details

Overview

  • Association fees include management, pool, walkways
  • Kelly Shields Association, Phone Number (252) 261-1200
  • Pine Island Pud Subdivision

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,410

Year Built

Built in 1996

Lot Details

0.71 Acres

HOA Fees

$259 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Turn east onto Pine Gate Rd from 12. Turn left onto Longfellow Cove and the house will be on the right towards the end.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Central Vacuum, Elevator, Garage Door Opener, Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Security System, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Headline: Exceptional Elegance!
  • Heated Sq Ft: 5043
  • L V T Date: 09/06/2018
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Deed Book Pg Number: 821
  • 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: Countertop Range, Disposal, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator, Wine Cooler
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Some Windows Treated, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Library/Study
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Gunite, Heated, 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: Private Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 3113
  • Hoa Contact: Kelly Shields
  • HOA Contact: 252-261-1200

Lot Info

  • Lot Description: Beach Frontage, Cul-de-sac, Level, Water Frontage
  • Lot Number: Lot 172
  • Deed Book: 375

Rental Info

  • Rental Cottage Name: Searenity

Building Info

  • Year Built: 1996

Tax Info

  • Year: 2017
  • Taxes: 10410

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Dec 12, 2018
Sold by
Stovall James E and Stovall Mary Jean M
Bought by
Kurgan John C and Kurgan Alesia G
Seller's Agent
Heather McLay
OBX Homes
Buyer's Agent
Heather McLay
OBX Homes
List Price
$2,499,000
Sold Price
$2,175,000
Premium/Discount to List
-$324,000
-12.97%
Current Estimated Value
$3,015,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$840,701
Avg. Annual Appreciation
4.64%
Original Mortgage
$1,740,000
Outstanding Balance
$1,314,579
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$1,701,122

Purchase Details

Closed on
Jan 31, 1996
Bought by
Stovall James E and Stovall Mary J
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
Kurgan John C $2,175,000 None Available
Stovall James E $403,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kurgan John C $1,740,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2019 01/11/19 Sold $2,175,000 -13.0% $431 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $2,499,000 -- $496 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $16,746 $2,323,300 $1,610,000 $713,300
2024 $16,746 $2,323,300 $1,610,000 $713,300
2023 $14,855 $2,323,300 $1,610,000 $713,300
2022 $12,285 $2,323,300 $1,610,000 $713,300
2021 $12,270 $2,116,300 $1,383,600 $732,700
2020 $11,486 $2,116,300 $1,383,600 $732,700
2019 $11,486 $2,116,300 $1,383,600 $732,700
2018 $0 $2,116,700 $1,383,600 $733,100
2017 $10,410 $2,116,700 $1,383,600 $733,100
2016 $10,410 $2,116,700 $1,383,600 $733,100
2015 -- $2,116,700 $1,383,600 $733,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 101929

Outer Banks Association of REALTORS®

APN: 127C-000-0172-0000

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