NOT LISTED FOR SALE

Estimated Value: $1,210,000 - $1,414,000

5 Beds
6 Baths
3,159 Sq Ft
$410/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $1,100,000 $348 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,574/month

136 Days on Market

Highlights

  • Community Beach Access
  • Pond View
  • Wooded Lot
  • In Ground Pool
  • Coastal Architecture
  • Cathedral Ceiling

About This Home

As of October 2022

What a great home and what a beautiful location! Start with a super private site nestled amongst majestic live oaks, add a hidden pond and good elevation, and put it together in one of Corolla’s finest neighborhoods with a secluded path to the beach just steps away. Add in a crisp, clean, and airy beach home and you have all the makings of a super dreamy vacation spot! Abundant windows, cathedral ceilings and open spaces are the hallmarks of the top floor. The kitchen, dining room and great room are defined spaces that connect together naturally. The fireplace and large transom window add a tasteful and understated focal point. The screen porch is a favorite as are the sun decks that wrap around and overlook the pool and the lake. The primary king bedroom on the top level features an ensuite bath, so many windows on two sides and cathedral ceilings! The midlevel features 4 bedrooms and 9 foot ceilings. First is a king bedroom with an ensuite bath that mirrors the bedroom above. There is another bedroom with an ensuite bath with a queen. The twin room and bunk bedroom share a bath. Three of these bedrooms have access to the decks. The hot tub, hammock and swinging chair are also on the midlevel deck and are easily accessible from all levels via exterior stairs. The ground floor has a half bath, laundry, dry entry, outside shower and plenty of owner storage for toys and equipment. The 14 x 35 pool feels like a private oasis! There is plenty of sunshine as it is on the south side of the home. The live oaks and unique lot create unmatched privacy. The pond is serene and adds to the tranquility of this fantastic home and one of a kind location! From the front door to your feet in the sand is just an easy 5 minute stroll. This is an incredible opportunity to secure a great house in the best neighborhood in Corolla at a great price! Hurry! Outstanding Rental Potential for 2023---$107,734

Last Agent to Sell the Property

Gray Berryman

Carolina Designs Realty License #214315 Listed on: 05/05/2022

Last Buyer's Agent

* **Not a Member

**Not a Member License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,135

Year Built

  • Built in 1995

Lot Details

  • Property fronts a private road
  • Fenced Yard
  • Wooded Lot
  • Property is zoned SFO

HOA Fees

  • $243 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,159 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Screened Porch
  • Pond Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Tuck Under Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 118

Community Details

Overview

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

Amenities

  • Common Area

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,135

Year Built

Built in 1995

Lot Details

0

HOA Fees

$243 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Directions: From Duck continue North for 8 miles. Turn right on Black Pine Road and then the first right onto Myrtle Pond Rd. Its the third house on the right.
  • Extras: Ceiling Fan(s), Fenced Yard, Hot Tub, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Headline: EASY TO SHOW!
  • Heated Sq Ft: 3159
  • L V T Date: 05/05/2022
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: SFO
  • Deed Book Pg Number: 293
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C6124
  • 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, Washer
  • Bedrooms: 5
  • Floor Coverings: Carpet, Tile, Wood Laminate, Vinyl Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Gas Fireplace, Pantry
  • Optional Rooms: Foyer
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Wood
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Pond

Garage/Parking

  • Garage: 2 Car, Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 2921
  • Hoa Contact: Seaside Management
  • HOA Contact: 252-261-1200

Lot Info

  • Lot Description: Water Frontage, Wooded
  • Lot Number: Lot 118
  • Deed Book: 425

Rental Info

  • Est Annual Rental Income: 109222
  • Estimated Rental Performance: 0.0993
  • Lease Terms: Weekly
  • Rental Co: Vacasa - North
  • Rental Cottage Name: Amid Summers Dream
  • Rental Cottage Number: PI 118
  • Rental Turnover Day: Saturday
  • Rental Contact Email: phyllis.cole@vacasa.com
  • Rental Contact Name: Phyllis Cole
  • Rental Contact Phone: 252-202-2793

Building Info

  • Year Built: 1995

Tax Info

  • Year: 2021
  • Taxes: 4134.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Sep 20, 2022
Sold by
Thomas Wallace C and Thomas Barbara A
Bought by
Laudeman Randall S and Laudeman Kathleen C
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
* **Not a Member
**Not a Member
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Current Estimated Value
$1,295,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,215
Avg. Annual Appreciation
5.65%

Purchase Details

Closed on
Mar 2, 1998
Bought by
Thomas Wallace C and Thomas Barbara A
Source: Public Records

Range of Values:

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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
Laudeman Randall S $11,000 --
Laudeman Randall S $11,000 None Listed On Document
Thomas Wallace C $352,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $1,100,000 -4.3% $348 / Sq Ft
09/18/2022 09/18/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $1,150,000 -4.2% $364 / Sq Ft
05/05/2022 05/05/22 For Sale $1,200,000 -- $380 / 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
2024 $5,564 $710,500 $357,500 $353,000
2023 $4,966 $710,500 $357,500 $353,000
2022 $4,150 $710,500 $357,500 $353,000
2021 $4,135 $660,500 $325,000 $335,500
2020 $3,860 $660,500 $325,000 $335,500
2019 $3,860 $660,500 $325,000 $335,500
2018 $3,860 $660,500 $325,000 $335,500
2017 $3,501 $660,500 $325,000 $335,500
2016 $3,501 $660,500 $325,000 $335,500
2015 -- $660,500 $325,000 $335,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 118749

Outer Banks Association of REALTORS®

APN: 127C-000-0118-0000