NOT LISTED FOR SALE

363 Lindsey Ln Unit 3 Corolla, NC 27927

Estimated Value: $4,410,910 - $5,616,000

10 Beds
12.5 Baths
7,197 Sq Ft
$697/Sq Ft Est. Value

Last Sold February 10, 2012

Last sale price $3,397,380 $472 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $29,192/month

Highlights

  • Beach Front
  • Ocean View
  • Cabana
  • Community Beach Access
  • Home Theater
  • Second Refrigerator

About This Home

As of February 2012

Pine Island Reserve is an exclusive all oceanfront community, which will become part of the existing Pine Island Subdivision upon final approval by the PIHOA. All existing Pine Island amenities are already available. This is a custom home design with special emphasis on both privacy as well as showcasing the panoramic ocean and sound views. This 12 bedroom floor plan was modified to 11 Bedrooms + Exercise Room. This home features an expansive custom cupola for natural light. This is oceanfront living and construction at its best. Lots of outdoor living area and great curb appeal.

Last Agent to Sell the Property

Sumit Gupta

VR Real Estate Advisors, LLC License #212627 Listed on: 01/26/2012

Last Buyer's Agent

Brad Beacham

Landmark Sotheby's Internation License #194377

Landmark Sotheby's Internation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,010

Year Built

  • Built in 2012

Lot Details

  • Beach Front
  • Property fronts a private road
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped
  • Sprinkler System

HOA Fees

  • $292 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Metal Roof
  • Shake Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 7,197 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Game Room
  • Screened Porch
  • Utility Room
  • Stacked Washer and Dryer
  • Ocean Views
  • Attic

Kitchen

  • Built-In Oven
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Garage Door Opener

Accessible Home Design

  • Handicap Accessible

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting
  • Gazebo
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Tax Lot 3

Community Details

Overview

  • Association fees include common insurance, management, pool, road maintenance, security, tennis courts, walkways
  • Built by SAGA Construction
  • Pine Island Pud Subdivision

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,010

Year Built

Built in 2012

Lot Details

0

HOA Fees

$292 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: New Oceanfront Subdivision: Located just North of the Hampton Inn
  • Extras: Beach Access, Boardwalk to Beach, Cabana, Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Garage Door Opener, Gazebo, Handicap Friendly, Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Patio, Screened Porch, Security System, Smoke Detector(s), Sun Deck, Tiki Bar
  • Flood Zone: VE
  • Subdivision Name: Pine Island Reserve
  • Headline: Spectacular OF Home in PIR
  • Heated Sq Ft: 7197
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 375
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 10
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 12
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Attic, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Some Windows Treated, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Game Room, Office, Utility Room, Home Theater
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: SAGA Construction
  • Construction: Frame, Wood
  • Exterior: Shakes, Cement Fiber Board
  • Pool: Yes
  • Pool Type: In Ground, Concrete
  • Roof: Metal
  • View: Ocean

Garage/Parking

  • Garage: 2 Car, Attached

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Clubhouse, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 3500

Lot Info

  • Lot Description: Beach Frontage, Cul-de-sac
  • Lot Faces: W
  • Lot Number: Lot 3
  • Deed Book: 1190

Rental Info

  • Est Annual Rental Income: 425000
  • Estimated Rental Performance: 0.1251

Building Info

  • Year Built: 2012

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2012
Closed on
Feb 7, 2012
Sold by
Pine Island Reserve Llc
Bought by
Kittelberger Larry E and Kittelberger Colgate J
Seller's Agent
Sumit Gupta
VR Real Estate Advisors, LLC
Buyer's Agent
Brad Beacham
Landmark Sotheby's Internation
List Price
$3,397,380
Sold Price
$3,397,380
Current Estimated Value
$5,013,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,616,075
Avg. Annual Appreciation
2.88%
Source: Public Records

Range of Values:

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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
Kittelberger Larry E $1,200,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2012 02/10/12 Sold $3,397,380 0.0% $472 / Sq Ft
01/26/2012 01/26/12 Pending -- -- --
01/26/2012 01/26/12 For Sale $3,397,380 -- $472 / 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
2024 $31,274 $4,254,300 $1,320,000 $2,934,300
2023 $27,737 $4,254,300 $1,320,000 $2,934,300
2022 $22,881 $4,254,300 $1,320,000 $2,934,300
2021 $22,866 $2,837,500 $1,200,000 $1,637,500
2020 $15,743 $2,837,500 $1,200,000 $1,637,500
2019 $15,743 $2,837,500 $1,200,000 $1,637,500
2018 $0 $2,837,500 $1,200,000 $1,637,500
2017 $14,263 $2,837,500 $1,200,000 $1,637,500
2016 $14,263 $2,837,500 $1,200,000 $1,637,500
2015 -- $2,837,500 $1,200,000 $1,637,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 76194

Outer Banks Association of REALTORS®

APN: 127H-000-0003-0000