NOT LISTED FOR SALE

365 Lindsey Ln Corolla, NC 27927

Corolla Area

Estimated Value: $5,027,455

11 Beds
12 Baths
7,467 Sq Ft
$673/Sq Ft Est. Value

Sale Details

Date Sold: May 8, 2012

Last sale price $3,216,000 $431 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $31,571 / mo

Highlights

  • Beach Front
  • Community Beach Access
  • Home Theater
  • Knotts Island Elementary School Rated 9+
  • Ocean View
  • Cabana

About This Home

As of May 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: 05/04/2012

Last Buyer's Agent

Connie Gray

Island Crest OBX Realty License #170963

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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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

  • 7,467 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

  • 11 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 12 Full Bathrooms
  • 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 2

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

570 Acres

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: Pine Island Reserve Oceanfront
  • Heated Sq Ft: 7467
  • 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: 11
  • 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

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 2
  • Deed Book: 1190

Rental Info

  • Est Annual Rental Income: 425000
  • Estimated Rental Performance: 0.1322

Building Info

  • Year Built: 2012

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 2010

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2012
Sold by
Pine Island Reserve Llc
Bought by
Current Estimated Value
$5,027,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,316,823
Interest Rate
4%
Mortgage Type
Construction
Estimated Equity
$3,710,632
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Corolla, NC

  • Susan Sullivan Real Estate Agent - Sun Realty of Nags Head/Harbin

    Susan Sullivan

    Sun Realty of Nags Head/Harbin

    (252) 336-9747

    103 Total Sales

    4 in Corolla

    $110K - $740K Price Range

    Susan Sullivan
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  • Diana Brink Real Estate Agent - A Better Way Realty, Inc.

    Diana Brink

    A Better Way Realty, Inc.

    (252) 302-2160

    501 Total Sales

    8 in Corolla

    $185K - $3.5M Price Range

    Diana Brink
     Section Image
  • Richard Tolson Real Estate Agent - RT Realty OBX, LLC

    Richard Tolson

    RT Realty OBX, LLC

    (252) 599-5418

    56 Total Sales

    3 in Corolla

    $626K - $783K Price Range

    Richard Tolson
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  • Steven Gross Real Estate Agent - Twiddy and Company - Corolla

    Steven Gross

    Twiddy and Company - Corolla

    (252) 689-7140

    47 Total Sales

    22 in Corolla

    $99K - $1.2M Price Range

    Steven Gross
     Section Image
  • Winston Hawkins Real Estate Agent - Brindley Beach Vacations & Sales - Cor

    Winston Hawkins

    Brindley Beach Vacations & Sales - Cor

    (252) 336-9986

    39 Total Sales

    5 in Corolla

    $452K - $1.4M Price Range

    Winston Hawkins
     Section Image
  • Trisha Midgett Real Estate Agent - Midgett Realty - Rodanthe

    Trisha Midgett

    Responds Quickly

    Midgett Realty - Rodanthe

    (252) 650-8051

    1,057 Total Sales

    31 in Corolla

    $128K - $6.3M Price Range

    Trisha Midgett
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,200,000 Napa Land Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $135,100
Open Mcneill Brian M $2,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/08/2012 05/08/12 Sold $3,216,000 0.0% $431 / Sq Ft
05/04/2012 05/04/12 For Sale $3,216,000 -- $431 / Sq Ft
02/27/2012 02/27/12 Pending -- -- --
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $34,748 $4,724,800 $1,320,000 $3,404,800
2024 $34,748 $4,581,400 $1,320,000 $3,261,400
2023 $33,678 $4,581,400 $1,320,000 $3,261,400
2022 $24,633 $4,581,400 $1,320,000 $3,261,400
2021 $24,618 $3,097,200 $1,200,000 $1,897,200
2020 $17,188 $3,097,200 $1,200,000 $1,897,200
2019 $17,188 $3,097,200 $1,200,000 $1,897,200
2018 $17,188 $3,097,200 $1,200,000 $1,897,200
2017 $15,572 $3,097,200 $1,200,000 $1,897,200
2016 $15,572 $3,097,200 $1,200,000 $1,897,200
2015 $15,572 $3,097,200 $1,200,000 $1,897,200
Source: Public Records

Agents Affiliated with this Home

  • Sumit Gupta Real Estate Agent - VR Real Estate Advisors, LLC

    Seller's Agent in 2012

    Sumit Gupta

    VR Real Estate Advisors, LLC

    (252) 207-8997

    6 Total Sales

    Sumit Gupta
    Section Image
  • Connie Gray Real Estate Agent - Island Crest OBX Realty

    Buyer's Agent in 2012

    Connie Gray

    Island Crest OBX Realty

    (252) 202-8979

    21 Total Sales

    Connie Gray
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 75520

Outer Banks Association of REALTORS®

APN: 127H-000-0002-0000

North Carolina Currituck County Corolla 27927

365 Lindsey Ln, Corolla, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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