NOT LISTED FOR SALE

397 Deep Neck Rd Corolla, NC 27927

Estimated Value: $3,335,243 - $6,368,000

10 Beds
11.5 Baths
7,348 Sq Ft
$611/Sq Ft Est. Value

Last Sold March 10, 2014

Last sale price $3,225,000 $439 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $25,307/month

8 Days on Market

About This Home

As of March 2014

This home is located at 397 Deep Neck Rd, Corolla, NC 27927 since 22 January 2014 and is currently estimated at $4,492,748, approximately $611 per square foot. This property was built in 2005. 397 Deep Neck Rd is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

Last Agent to Sell the Property

* *None

**None License #NA Listed on: 01/22/2014

Last Buyer's Agent

Gray Berryman

Carolina Designs Realty License #214315

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,978

Year Built

  • Built in 2005

Lot Details

  • Ocean Front
  • Property is zoned RO1

HOA Fees

  • $208 Monthly HOA Fees

Interior Spaces

  • 7,348 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 10 Bedrooms

Community Details

  • Built by BDA
  • Pine Island Pud Subdivision

Listing and Financial Details

  • Tax Lot 125

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,978

Year Built

Built in 2005

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Class: RESIDENTIAL
  • Heated Sq Ft: 7348
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RO1
  • Deed Book Pg Number: 607
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 10
  • Full Bathrooms: 11
  • Furnishings Available: Yes
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: BDA

Utilities

  • Oilgas Severed Pre Owner: No Representation

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 2495

Lot Info

  • Lot Number: Lot 125
  • Deed Book: 878

Rental Info

  • Est Annual Rental Income: 314629
  • Estimated Rental Performance: 0.0976
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Miss Bee Haven

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2014
  • Taxes: 9978

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2021
Sold by
Gallitano Dennis J and Oconnor Karen J
Bought by
Miss Bee Haven Llc
Current Estimated Value
$4,492,748

Purchase Details

Closed on
Nov 25, 2019
Sold by
Gallitano Dennis J and Connor Karen J O
Bought by
Gallitano Dennis J and Connor Karen J O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,868,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2014
Closed on
Apr 8, 2014
Sold by
Bartos Dennis C and Bartos Cynthia L
Bought by
Gallitano Dennis J and Connor Karen J O
Seller's Agent
* *None
**None
Buyer's Agent
Gray Berryman
Carolina Designs Realty
List Price
$3,225,000
Sold Price
$3,225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.84%
Original Mortgage
$2,096,250
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Miss Bee Haven Llc -- None Available
Gallitano Dennis J -- None Available
Gallitano Dennis J $3,225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallitano Dennis J $1,868,000
Previous Owner Gallitano Dennis J $2,096,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2014 03/10/14 Sold $3,225,000 0.0% $439 / Sq Ft
01/30/2014 01/30/14 Pending -- -- --
01/22/2014 01/22/14 For Sale $3,225,000 -- $439 / 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
2025 $18,724 $2,549,600 $1,425,600 $1,124,000
2024 $18,724 $2,237,300 $1,425,600 $811,700
2023 $16,412 $2,237,300 $1,425,600 $811,700
2022 $12,053 $2,237,300 $1,425,600 $811,700
2021 $12,038 $1,976,500 $1,225,100 $751,400
2020 $10,945 $1,976,500 $1,225,100 $751,400
2019 $10,945 $1,976,500 $1,225,100 $751,400
2018 $10,945 $1,976,500 $1,225,100 $751,400
2017 $9,918 $1,976,500 $1,225,100 $751,400
2016 $9,918 $1,976,500 $1,225,100 $751,400
2015 $9,918 $1,972,600 $1,225,100 $747,500
Source: Public Records

Agents Affiliated with this Home

  • *

    Seller's Agent in 2014

    * *None

    **None

  • Gray Berryman

    Buyer's Agent in 2014

    Gray Berryman

    Carolina Designs Realty

    (252) 573-9503

    38 in this area

    174 Total Sales

    Gray Berryman
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 83290

Outer Banks Association of REALTORS®

APN: 127C-000-0125-0000

North Carolina Currituck County Corolla 27927

397 Deep Neck Rd, Corolla, NC

Not Listed for Sale

Detached

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