NOT LISTED FOR SALE

373 Deep Neck Rd Corolla, NC 27927

Estimated Value: $3,731,000 - $3,829,000

6 Beds
6.5 Baths
4,300 Sq Ft
$878/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $1,500,000 $349 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $21,485/month

42 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • 0.81 Acre Lot
  • Community Beach Access
  • Concrete Pool
  • Second Refrigerator

About This Home

As of October 2018

This grand oceanfront home located in Pine Island has an airy, open floorplan, nestled in a natural setting on a high elevated large lot with ocean & sound views to enjoy beautiful sunrises & sunsets. Experience the finest in oceanfront living with quality craftsmanship, attention to detail and comfort. The upper level features a spacious open floor plan with extensive wraparound sun decks. The greatroom boasts a gas fireplace, wood & tile floors, lots of floor to ceiling windows looking to the sea, shipswatch, formal dining area, separate breakfast nook, well appointed kitchen with 2 refrigerators, 2 dishwashers, 2 ovens, cook top island & breakfast bar. Also on this level, a master suite w/gas fireplace, whirlpool tub walkin closet & private deck and a half bath. The mid-level offers a tiled entry foyer, two master bedrooms, another bedroom, full bathroom, media room with wet bar, laundry room, and covered decks overlooking the ocean & pool and on the west side to enjoy the sunsets. Lower level offers a master bedroom, additional bedroom, a full bath, 2nd laundry area, access to a private 16x34 concrete pool and uncrowded pristine beach. Additional features include an Elevator, faux painting throughout, hot tub, plenty of storage areas, and community amenities. Close to shops, restaurants & the Currituck golf course.

Last Agent to Sell the Property

Martha Springer

Twiddy and Company - Corolla License #135162 Listed on: 07/15/2018

Last Buyer's Agent

Martha Springer

Twiddy and Company - Corolla License #135162 Listed on: 07/15/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,671

Year Built

  • Built in 1994

Lot Details

  • 0.81 Acre Lot
  • Beach Front
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped

HOA Fees

  • $292 Monthly HOA Fees

Parking

  • Paved Parking

Property Views

  • Ocean
  • Views of a Sound
  • Park or Greenbelt

Home Design

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

Interior Spaces

  • 4,300 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Library
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Storage Shed

Utilities

  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 137

Community Details

Overview

  • Association fees include common insurance, management, road maintenance, security, tennis courts, walkways
  • Pine Island Pud Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,671

Year Built

Built in 1994

Lot Details

0

HOA Fees

$292 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Rt. 12, East on Pine Gate Rd., South on Deep Neck Rd. house on left.
  • Extras: Beach Access, Ceiling Fan(s), Common Laundry Area, Covered Decks, Elevator, Handicap Friendly, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Storage Shed, Sun Deck, Whirlpool/Spa, Dry Entry, Inside Laundry Room
  • Flood Zone: VE
  • Heated Sq Ft: 4300
  • L V T Date: 07/15/2018
  • Phase: 3
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 541
  • 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, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 6
  • Bedroom 1: On Level: 3
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 1
  • Bedroom 6: On Level: 1
  • Kitchen: On Level: 3
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling, Slab
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Walk in Closet, Wet Bar
  • Dining Room: On Level: 3
  • Living Room: On Level: 3
  • Optional Rooms: Breakfast Nook, Foyer, Library/Study, Shipswatch
  • Partial Bathrooms: 1
  • Optional Room 1: On Level: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Concrete, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Park Serv/Preserve, Sound

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

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

Lot Info

  • Estimated Lot Sq Ft: 35363
  • Lot Description: Beach Frontage, Cul-de-sac
  • Lot Faces: E
  • Lot Number: Lot 137
  • Estimated Lot Size: 0.81
  • Deed Book: 461

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: April Sunshine
  • Rental Cottage Number: E137
  • Rental Phone Number: 252-457-1100
  • Rental Turnover Day: SAT

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2017
  • Taxes: 8671

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2024
Sold by
Triangle Old Annapolis Associaiies Llc and Triangle Montgomery Associates Llc
Bought by
Cuttilo Vincent J and Schaefer-Cuttilo Julia A
Current Estimated Value
$3,774,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Outstanding Balance
$841,064
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$2,933,112

Purchase Details

Listed on
Jul 15, 2018
Closed on
Sep 28, 2018
Sold by
Perkins Russel G and Perkins Janes S
Bought by
Triangle Old Annapolis Associates Llc and Triangle Montgomery Associtates Llc
Seller's Agent
Martha Springer
Twiddy and Company - Corolla
Buyer's Agent
Martha Springer
Twiddy and Company - Corolla
List Price
$1,700,000
Sold Price
$1,500,000
Premium/Discount to List
-$200,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.92%
Original Mortgage
$1,100,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 1999
Bought by
Perkins Russel G
Source: Public Records

Range of Values:

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Average Value
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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
Cuttilo Vincent J $3,950,000 None Listed On Document
Triangle Old Annapolis Associates Llc $1,500,000 None Available
Perkins Russel G $1,170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuttilo Vincent J $850,000
Previous Owner Triangle Old Annapolis Associates Llc $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2018 10/01/18 Sold $1,500,000 -11.8% $349 / Sq Ft
08/26/2018 08/26/18 Pending -- -- --
07/15/2018 07/15/18 For Sale $1,700,000 -- $395 / 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 $17,252 $2,356,000 $1,636,800 $719,200
2023 $17,236 $2,189,500 $1,636,800 $552,700
2022 $11,757 $2,189,500 $1,636,800 $552,700
2021 $11,724 $1,955,300 $1,406,600 $548,700
2020 $10,793 $1,955,300 $1,406,600 $548,700
2019 $10,779 $1,955,300 $1,406,600 $548,700
2018 $10,779 $1,955,300 $1,406,600 $548,700
2017 $9,767 $1,955,300 $1,406,600 $548,700
2016 $9,767 $1,955,300 $1,406,600 $548,700
2015 $9,767 $1,955,300 $1,406,600 $548,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 101256

Outer Banks Association of REALTORS®

APN: 127C-000-0137-0000