NOT LISTED FOR SALE

443 N Cove Rd Corolla, NC 27927

Estimated Value: $1,898,000 - $2,609,000

5 Beds
4.5 Baths
3,450 Sq Ft
$661/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $1,277,500 $370 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $13,285/month

11 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Home Theater
  • Community Beach Access
  • Tennis Courts
  • Spa

About This Home

As of September 2019

Prime oceanfront location in Pine Island. 100 feet of Pristine Beach Frontage. Located on a quiet cul-de-sac with the ground floor natural elevation of 14 ft above sea level. This affords a panoramic view of the Atlantic from the mid and top level of home. A wide, deep and well vegetated stable dune provides continued protection with available space for an outdoor pool addition. This well constructed home has all the detail and comfort you would expect for this location. Enter from the long, private drive, this oversized homesite allows a secluded home footprint. The front door split level foyer provides a distinctive look with tile flooring and high end trim package. Bedrooms on the ground floor and mid level lead to the top floor with well appointed kitchen, living, dining area, Ships Watch and screen porch. Another master bedroom opens up to the expansive sun deck where ocean views abound. Short walk to oceanside community pool/tennis court/clubhouse. New roof replacement completed Sept 15, 2018. All HVAC systems complete replacement June 2018.

Last Agent to Sell the Property

Ronald Barrett

Brindley Beach Vacations & Sales - Cor License #94054 Listed on: 07/08/2019

Last Buyer's Agent

Doug Brindley

Brindley Beach Vacations & Sales - Cor License #79789

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,100

Year Built

  • Built in 1999

Lot Details

  • 0.76 Acre Lot
  • Beach Front
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Level Lot

HOA Fees

  • $218 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3,450 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Home Theater
  • Game Room
  • Screened Porch
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Pool

  • Spa
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Tennis Courts
  • Covered Deck
  • Exterior Lighting

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 51

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, security, tennis courts, walkways
  • Pine Island Pud Subdivision

Amenities

  • Common Area

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,100

Year Built

Built in 1999

Lot Details

0

HOA Fees

$218 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: North on HWY 12, turn right at Main Entrance to Pine Island on Black Pine Road. Turn right on North Cove Road. House is at the end of the street in a cul-de-sac.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Landscaped, Outdoor Tennis, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck
  • Flood Zone: VE
  • Subdivision Name: Pine Island PUD
  • Headline: PI OCEANFRONT PRICED TO SELL
  • Heated Sq Ft: 3450
  • L V T Date: 07/08/2019
  • Phase: 1
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 512
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C14121
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator, Wine Cooler
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection
  • Optional Rooms: Game Room, Shipswatch, Media Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 3 + Car, Carport
  • Parking: Paved

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Forced Air, Heat Pump, Zoned
  • Septic Fee: 504
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 2620
  • Home Owner Dwelling Insurance: 8928

Lot Info

  • Estimated Lot Sq Ft: 33147
  • Lot Description: Beach Frontage, Cul-de-sac, Level, Water Frontage
  • Lot Faces: E
  • Lot Number: Lot 51
  • Estimated Lot Size: 0.76
  • Deed Book: 315

Rental Info

  • Flood Expenses: 2430
  • Lease Terms: Weekly
  • Other Expenses: 1347500
  • Other Expenses2: 180
  • Poolspa Expense: 1175
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Beach Plum
  • Rental Cottage Number: PI51
  • Rental Phone Number: 252-261-2222
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1482
  • Annual Electric: 2387
  • Annual Telephone Expense: 1227
  • Annual Water Expense: 597

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2018
  • Taxes: 9099.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Sep 23, 2019
Sold by
Sprague Robert E and Levengood Amy
Bought by
Pine Island 20 Llc
Seller's Agent
Ronald Barrett
Brindley Beach Vacations & Sales - Cor
Buyer's Agent
Doug Brindley
Brindley Beach Vacations & Sales - Cor
List Price
$1,395,000
Sold Price
$1,277,500
Premium/Discount to List
-$117,500
-8.42%
Current Estimated Value
$2,281,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,004,287
Avg. Annual Appreciation
9.69%
Original Mortgage
$1,000,000
Outstanding Balance
$850,721
Interest Rate
2.5%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$1,431,066

Purchase Details

Closed on
Mar 29, 1993
Bought by
Sprague Robert E and Sprague Alice D
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
Pine Island 20 Llc $1,277,500 None Available
Sprague Robert E $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pine Island 20 Llc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $1,277,500 -8.4% $370 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $1,395,000 -- $404 / 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 $13,767 $1,888,500 $1,568,000 $320,500
2024 $13,767 $1,884,700 $1,568,000 $316,700
2023 $13,725 $1,884,700 $1,568,000 $316,700
2022 $10,095 $1,884,700 $1,568,000 $316,700
2021 $10,080 $1,654,800 $1,347,500 $307,300
2020 $9,089 $1,654,800 $1,347,500 $307,300
2019 $9,085 $1,654,800 $1,347,500 $307,300
2018 $9,100 $1,654,800 $1,347,500 $307,300
2017 $8,242 $1,654,800 $1,347,500 $307,300
2016 $8,248 $1,654,800 $1,347,500 $307,300
2015 $8,248 $1,654,800 $1,347,500 $307,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 105752

Outer Banks Association of REALTORS®

APN: 127C-000-0051-0000