R
Seller's Agent in 2016
Richard Neher
Brindley Beach Vacations & Sales-Duck
441 N Cove Rd Corolla, NC 27927
Estimated Value: $2,819,000 - $3,380,608
8
Beds
10
Baths
5,100
Sq Ft
$623/Sq Ft
Est. Value
Highlights
- Beach Front
- Ocean View
- In Ground Pool
- Community Beach Access
- Home Theater
- 38,000 Sq Ft lot
About This Home
As of March 2016"Coco Palms" is a prime oceanfront home with lots of amenities. This house has a Caribbean theme full of jungle/beach paintings and furnishings. It has a heated pool, hot tub, Tiki bar, game room and media room to delight anyone. There are gorgeous views of the ocean from the decks and all 8 bedrooms have their own bathroom. Well maintained. The fully equipped kitchen has granite counter tops, 2 dishwashers, 2 ovens, Sub-zero refrigerator, ice machine, microwave, a myriad of kitchen essentials and a large walk-in pantry. Plus much more! Don't forget the wrap around deck. What a gorgeous home with panoramic views of the ocean.
Last Agent to Sell the Property
Richard Neher
Brindley Beach Vacations & Sales-Duck License #114134 Listed on: 05/13/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,708
Year Built
- Built in 1994
Lot Details
- 0.87 Acre Lot
- Beach Front
- Property fronts a private road
- Cul-De-Sac
- Landscaped
HOA Fees
- $208 Monthly HOA Fees
Parking
- Paved Parking
Home Design
- Reverse Style Home
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Shake Siding
- Piling Construction
Interior Spaces
- 5,100 Sq Ft Home
- Wet Bar
- Furnished
- Ceiling height of 9 feet or more
- Ceiling Fan
- Gas Fireplace
- Home Theater
- Game Room
- Utility Room
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Ice Maker
- Second Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- Gunite Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Covered Deck
- Tiki or Chickee Hut
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot #52
Community Details
Overview
- Association fees include common electric, common insurance, management, pool, security, walkways
- Pine Island Pud Subdivision
Recreation
- Community Boardwalk
- Community Beach Access
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 15, 2020
Sold by
Maddock Joel W and Maddock Sandra H
Bought by
Coco Palms Llc
Current Estimated Value
Purchase Details
Listed on
May 13, 2015
Closed on
Mar 8, 2016
Sold by
Barnett Doug J and Barnett Linda F
Bought by
Maddock Joel W and Maddock Sandra H
Seller's Agent
Richard Neher
Brindley Beach Vacations & Sales-Duck
Buyer's Agent
Michael Ross
Southern Shores Realty
List Price
$2,250,000
Sold Price
$1,700,000
Premium/Discount to List
-$550,000
-24.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$1,190,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 28, 2002
Bought by
Barnett Douglas J and Barnett Linda F
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Coco Palms Llc | -- | None Available | |
| Coco Palms Llc | -- | None Available | |
| Maddock Joel W | $1,700,000 | Attorney | |
| Maddock Joel W | $1,700,000 | Attorney | |
| Barnett Douglas J | $1,395,000 | -- | |
| Barnett Douglas J | $1,395,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Maddock Joel W | $1,190,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/11/2016 03/11/16 | Sold | $1,700,000 | -24.4% | $333 / Sq Ft |
| 12/10/2015 12/10/15 | Pending | -- | -- | -- |
| 05/13/2015 05/13/15 | For Sale | $2,250,000 | -- | $441 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $15,988 | $2,186,900 | $1,624,000 | $562,900 |
| 2024 | $15,988 | $2,186,900 | $1,624,000 | $562,900 |
| 2023 | $15,972 | $2,186,900 | $1,624,000 | $562,900 |
| 2022 | $11,733 | $2,186,900 | $1,624,000 | $562,900 |
| 2021 | $11,718 | $1,956,100 | $1,395,600 | $560,500 |
| 2020 | $10,786 | $1,956,100 | $1,395,600 | $560,500 |
| 2019 | $9,766 | $1,956,100 | $1,395,600 | $560,500 |
| 2018 | $10,713 | $1,956,100 | $1,395,600 | $560,500 |
| 2017 | $9,714 | $1,956,100 | $1,395,600 | $560,500 |
| 2016 | $9,708 | $1,956,100 | $1,395,600 | $560,500 |
| 2015 | $9,708 | $1,956,100 | $1,395,600 | $560,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Michael Ross
Buyer's Agent in 2016
Michael Ross
Southern Shores Realty
(800) 334-1000
4 in this area
93 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 88076
APN: 127C-000-0052-0000
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