NOT LISTED FOR SALE

381 Deep Neck Rd Corolla, NC 27927

Estimated Value: $3,204,687 - $3,994,000

6 Beds
6.5 Baths
4,600 Sq Ft
$747/Sq Ft Est. Value

Last Sold February 05, 2016

Last sale price $2,110,000 $459 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $19,562/month

108 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Second Refrigerator
  • Community Beach Access
  • Gunite Pool
  • Coastal Architecture

About This Home

As of February 2016

Shows like new. Easy to show. Call your discerning buyers!! When you walk into this gorgeous home you are welcomed by a wall of windows, ocean views, stone fireplace with raised hearth, high end furnishings and beautiful wood floors. You immediately know that this is an exceptional home...lovingly maintained and gently used. The owners have continually updated it throughout while using it as a second home and limiting the number of weeks rented to vacation guests. The magnificent kitchen by Cozy Kitchen is a gourmet cook's dream with fabulous cabinetry, granite counter tops and tile floors. It boasts two Subzero refrigerators, counter cook top, double wall oven, ice maker and microwave and two diswahers. Endless Summer's wonderful floor plan has two master bedrooms on the top level both with tiled bathrooms by Cozy Kitchens, a ships watch with ocean and sunset views. Furnishings and accessories are of high quality and it shows like a decorator's model. The mid level den has access to a full bathroom and oceanfront deck with hot tub...it could easily be used as a 7th bedroom. Three additional bedrooms, 3.0 baths and a wet bar complete this floor. The ground level boasts a wonderful bunk room, full bath, recreation room with refrigerator and wet bar and direct access to the 14 X 34 pool with pebble decking, hot tub and a first class shuffleboard. Beach access is exceptionally easy across a vegetated dune, dune deck and private steps to the beach. An over-sized on car garage provides great storage and could be possibly reconfigured to turn this home into a top rental income producer. The grounds are beautifully landscaped.

Last Agent to Sell the Property

Jill Sheffer

Default, Office License #216992 Listed on: 09/03/2015

Co-Listed By

Mercedes Tabano

Keller Williams - Outer Banks License #69137

Last Buyer's Agent

John Leatherwood

Coldwell Banker Seaside Realty KH License #86507

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,660

Year Built

  • Built in 1995

Lot Details

  • Beach Front
  • Property fronts a private road
  • Landscaped
  • Sprinkler System

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 4,600 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Game Room
  • Utility Room
  • Ocean Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Garage Door Opener

Pool

  • Gunite Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot #133

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, security, tennis courts
  • Seaside Management Association
  • Built by BD & A Construction
  • Pine Island Pud Subdivision

Amenities

  • Common Area

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,660

Year Built

Built in 1995

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Directions: North on NC 12, past Hampton Inn, turn right at Pine Gate, then right at Deep Neck, house on left.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Garage Door Opener, Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Sun Deck, Water Filter, Water Softener
  • Flood Zone: VE
  • Subdivision Name: Pine Island Pud
  • Headline: 2 Top Floor Master Ensuites!
  • Heated Sq Ft: 4600
  • Phase: 3
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 896
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Ice Machine, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 6
  • Bedroom 1: On Level: 2
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 1
  • Bedroom 5: On Level: 1
  • Bedroom 6: On Level: Ground
  • Kitchen: On Level: 2
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Wood
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar
  • Dining Room: On Level: 2
  • Game Room: On Level: Ground
  • Living Room: On Level: 2
  • Optional Rooms: Foyer, Game Room, Utility Room, Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: BD & A Construction
  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Gunite, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 90
  • View: Ocean

Garage/Parking

  • Garage: 1 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: Common Electric, Common Insurance, Management, Pool, Security, Tennis Courts
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Playground, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3000
  • Hoa Contact: Seaside Management
  • HOA Contact: 261-1200
  • Home Owner Dwelling Insurance: 7182

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Faces: E
  • Lot Size: 33505
  • Lot Number: Lot #133
  • Deed Book: 436

Rental Info

  • Est Annual Rental Income: 115530
  • Estimated Rental Performance: 0.0548
  • Flood Expenses: 5017
  • Lease Terms: Weekly
  • Poolspa Expense: 2500
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Endless Summer
  • Rental Cottage Number: E133
  • Rental Phone Number: 457-1100
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 1500
  • Annual Electric: 5200
  • Annual Telephone Expense: 1000
  • Annual Water Expense: 1000

Building Info

  • Year Built: 1995

Tax Info

  • Year: 2015
  • Taxes: 9660

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2015
Closed on
Feb 5, 2016
Sold by
Orchard Kenneth J and Orchard Theresa A
Bought by
Karpovich John Christopher and Karpovich Loreen
Seller's Agent
Jill Sheffer
Default, Office
Buyer's Agent
John Leatherwood
Coldwell Banker Seaside Realty KH
List Price
$2,125,000
Sold Price
$2,110,000
Premium/Discount to List
-$15,000
-0.71%
Current Estimated Value
$3,438,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,328,422
Avg. Annual Appreciation
5.15%
Original Mortgage
$1,000,000
Outstanding Balance
$781,833
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$2,656,589

Purchase Details

Closed on
Jul 14, 1998
Bought by
Orchard Kenneth J and Orchard Theresa A
Source: Public Records

Range of Values:

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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
Karpovich John Christopher $2,110,000 Attorney
Orchard Kenneth J $965,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karpovich John Christopher $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2016 02/05/16 Sold $2,110,000 -0.7% $459 / Sq Ft
12/20/2015 12/20/15 Pending -- -- --
09/03/2015 09/03/15 For Sale $2,125,000 -- $462 / 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 $15,785 $2,186,000 $1,623,600 $562,400
2023 $15,769 $2,186,000 $1,623,600 $562,400
2022 $11,585 $2,186,000 $1,623,600 $562,400
2021 $11,570 $1,949,800 $1,395,300 $554,500
2020 $10,604 $1,949,800 $1,395,300 $554,500
2019 $10,604 $1,949,800 $1,395,300 $554,500
2018 $10,604 $1,949,800 $1,395,300 $554,500
2017 $9,609 $1,949,800 $1,395,300 $554,500
2016 $9,660 $1,949,800 $1,395,300 $554,500
2015 $9,660 $1,949,800 $1,395,300 $554,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 89671

Outer Banks Association of REALTORS®

APN: 127C-000-0133-0000