NOT LISTED FOR SALE

434 Kitsys Point Rd Corolla, NC 27927

Estimated Value: $2,214,000 - $2,686,000

8 Beds
7.5 Baths
5,900 Sq Ft
$423/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $2,655,000 $450 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $14,279/month

4 Days on Market

Highlights

  • Community Beach Access
  • Cabana
  • Cathedral Ceiling
  • Ocean Front
  • Contemporary Architecture
  • Corner Lot

About This Home

As of October 2022

Enjoy ocean views and salt sea breezes from this fantastic eight bedroom semi-oceanfront turn-key home in Pine Island. Perfectly positioned on a large corner lot, you will know you are home as soon as you drive up! Comfort for everyone with six master king suites. A king bedroom, and an oversized bedroom with four built in bunk beds and play area round out the ground floor. Upstairs boasts an open floor plan perfect for large gatherings. The recently remodeled kitchen has two dishwashers, a double oven, and refrigerator drawers for extra cold storage. Use the elevator to transport people and groceries. Downstairs an additional large gathering area/play room is perfect for games and movies. Two car garage provides plenty of additional space for ping pong and workouts. (or future expansion). The outdoor area is one of the most beautiful in all of Pine Island. Fantastic pool area with travertine decking and artificial grass for outdoor games and fun. Full size tiki bar with refrigerator and outdoor speakers adds to the good-time feel. A short walk to the beach right from the back gate provides great convenience. With it's proximity to the beach, and superb amenities, this house can command a solid rental income. Wrap around composite decking allows views from sunrise to sunset. A true gem that won’t last on the market for long!

Last Agent to Sell the Property

Cooper Hawk

Outer Banks Realty Group License #229028 Listed on: 08/19/2022

Co-Listed By

Jenny Hawk

Outer Banks Realty Group License #320655

Last Buyer's Agent

Ray Meiggs

Twiddy and Co. - Duck License #290422

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,834

Year Built

  • Built in 1998

Lot Details

  • Lot Dimensions are 140x149x25x123x120
  • Ocean Front
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Corner Lot
  • Level Lot

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Shake Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 5,900 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Off-Street Parking

Pool

  • Cabana
  • Concrete Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Tiki or Chickee Hut

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot lot 71

Community Details

Overview

  • Association fees include management, pool, road maintenance, tennis courts
  • Seaside Mgmt Association, Phone Number (252) 261-1200
  • Built by Mancuso
  • Pine Island Pud Subdivision

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,834

Year Built

Built in 1998

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: East on Black Pine, South on Myrtle Pond, Kitsys Point on left
  • Extras: Beach Access, Boardwalk to Beach, Cabana, Ceiling Fan(s), Covered Decks, Elevator, Landscaped, Outside Shower, Sun Deck, Tiki Bar
  • Flood Zone: X
  • Subdivision Name: Pine Island PUD
  • Headline: Stunning semi-oceanfront
  • Heated Sq Ft: 5900
  • L V T Date: 08/19/2022
  • Primary Residence: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 352
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C25379
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 8
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Ensuite
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Mancuso
  • Construction: Frame, Wood
  • Exterior: Lap Siding, Shakes, Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Concrete, Custom, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 2 Car, Attached
  • Garage Sq Ft: 420
  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Road Maintenance, Tennis Courts
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 2878
  • Hoa Contact: Seaside Mgmt
  • HOA Contact: 252 261-1200
  • Home Owner Dwelling Insurance: 11200

Lot Info

  • Lot Description: Corner, Cul-de-sac, Level
  • Lot Faces: E
  • Lot Size: 140X149X25X123X120
  • Lot Number: lot 71
  • Deed Book: 955

Rental Info

  • Other Expenses: 8000
  • Other Expenses2: 960
  • Other Expenses3: 350
  • Poolspa Expense: 2950
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 700
  • Annual Electric: 4250
  • Annual Telephone Expense: 670
  • Annual Water Expense: 750

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2022
  • Taxes: 6833.91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2023
Sold by
Champagne Ryan and Champagne Annemarie
Bought by
Corolla Property Ventures Llc
Current Estimated Value
$2,494,081

Purchase Details

Listed on
Aug 19, 2022
Closed on
Oct 17, 2022
Sold by
Kelly Brian M and Kelly Joyce E
Bought by
Champagne Ryan and Champagne Annemarie
Seller's Agent
Cooper Hawk
Outer Banks Realty Group
Buyer's Agent
Ray Meiggs
Twiddy and Co. - Duck
List Price
$2,550,000
Sold Price
$2,655,000
Premium/Discount to List
$105,000
4.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.86%

Purchase Details

Closed on
Jul 11, 2006
Sold by
Gabor Robert J and Gabor Sandra
Bought by
Kelly Brian M and Kelly Joyce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Corolla Property Ventures Llc -- --
Champagne Ryan -- --
Kelly Brian M $1,880,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Brian M $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2022 10/17/22 Sold $2,655,000 +4.1% $450 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $2,550,000 -- $432 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $9,636 $1,274,100 $605,000 $669,100
2024 $9,620 $1,274,100 $605,000 $669,100
2023 $8,558 $1,274,100 $605,000 $669,100
2022 $6,934 $1,274,100 $605,000 $669,100
2021 $6,919 $1,204,500 $550,000 $654,500
2020 $6,654 $1,204,500 $550,000 $654,500
2019 $6,654 $1,147,300 $550,000 $597,300
2018 $0 $1,147,300 $550,000 $597,300
2017 $5,757 $1,147,300 $550,000 $597,300
2016 $5,915 $1,147,300 $550,000 $597,300
2015 $5,900 $1,147,300 $550,000 $597,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120114

Outer Banks Association of REALTORS®

APN: 127C-000-0071-0000

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