NOT LISTED FOR SALE

437 Myrtle Pond Rd Corolla, NC 27927

Estimated Value: $1,306,000 - $1,667,000

6 Beds
5.5 Baths
2,600 Sq Ft
$586/Sq Ft Est. Value

Last Sold May 28, 2013

Last sale price $800,000 $308 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $8,730/month

103 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Contemporary Architecture
  • Ocean View
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of May 2013

Extremely well maintained home used as 2nd home sits on a large lot with direct beach access & steps away from the community tennis courts. Features lots of windows & ample decks to enjoy stellar ocean views. Entry foyer with tile, 3 separate gathering areas, TV room/den can be used as 6th bedroom, spacious vaulted great room with gas fireplace & entertainment center, ships watch, master bedroom with whirlpool spa, open kitchen area with granite & breakfast bar,game room, hot tub, private pool, professionally landscaped, irrigation system,tastefully decorated & accessorized,lots of storage areas, security system and much more. New hardiplank in 2005, sliding glass doors have been replaced with high impact graded Anderson doors, new roof in 2007, new mid level HVAC, exterior painted in 2011. You must see this home to fully appreciate!

Last Agent to Sell the Property

Martha Springer

Twiddy and Company - Corolla License #135162 Listed on: 02/14/2013

Last Buyer's Agent

Martha Springer

Twiddy and Company - Corolla License #135162 Listed on: 02/14/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,078

Year Built

  • Built in 1997

Lot Details

  • 0.4 Acre Lot
  • Landscaped
  • Sprinkler System
  • Property is zoned Res.

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 2,600 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Library
  • Game Room
  • Utility Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Whirlpool Bathtub
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower
  • Gunite Pool

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot #63

Community Details

Overview

  • Association fees include management, pool, road maintenance, walkways
  • Pine Island Pud Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,078

Year Built

Built in 1997

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: E on Black Pine(main entrance)right on Myrtle Pond 5th house on left.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Security System, Smoke Detector(s), Sun Deck, Whirlpool/Spa
  • Flood Zone: X
  • Subdivision Name: Pine Island
  • Headline: Immaculate with great views!
  • Heated Sq Ft: 2600
  • Phase: 2
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res.
  • Deed Book Pg Number: 208
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Game Room, Library/Study, Utility Room, Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool Type: In Ground, Gunite
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Road Maintenance, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 2495
  • Home Owner Dwelling Insurance: 8059

Lot Info

  • Estimated Lot Sq Ft: 17549
  • Lot Faces: E
  • Lot Number: Lot#63
  • Deed Book: 400

Rental Info

  • Est Annual Rental Income: 67535
  • Estimated Rental Performance: 0.0844
  • Flood Expenses: 1700
  • Other Expenses: 2850
  • Poolspa Expense: 2800
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1553
  • Annual Electric: 2500
  • Annual Telephone Expense: 860
  • Annual Water Expense: 2275

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2011
  • Taxes: 4078

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2013
Closed on
May 20, 2013
Sold by
Sawyer Wayne K and Sawyer Sharron D
Bought by
Ulmer Paul M and Ulmer Tonda L
Seller's Agent
Martha Springer
Twiddy and Company - Corolla
Buyer's Agent
Martha Springer
Twiddy and Company - Corolla
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%
Current Estimated Value
$1,523,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$723,498
Avg. Annual Appreciation
5.24%
Original Mortgage
$640,000
Outstanding Balance
$130,800
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$1,392,698
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ulmer Paul M $800,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ulmer Paul M $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2013 05/28/13 Sold $800,000 -5.9% $308 / Sq Ft
05/28/2013 05/28/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $850,000 -- $327 / 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 $6,474 $855,800 $385,000 $470,800
2024 $6,474 $855,800 $385,000 $470,800
2023 $6,458 $855,800 $385,000 $470,800
2022 $4,801 $855,800 $385,000 $470,800
2021 $4,786 $790,600 $350,000 $440,600
2020 $4,460 $790,600 $350,000 $440,600
2019 $4,460 $790,600 $350,000 $440,600
2018 $4,460 $790,600 $350,000 $440,600
2017 $4,045 $790,600 $350,000 $440,600
2016 $4,045 $790,600 $350,000 $440,600
2015 $4,045 $790,600 $350,000 $440,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 77885

Outer Banks Association of REALTORS®

APN: 127C-000-0063-0000