NOT LISTED FOR SALE

Estimated Value: $3,144,000 - $3,225,000

6 Beds
5.5 Baths
4,422 Sq Ft
$720/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $2,285,000 $517 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $15,841/month

45 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Coastal Architecture
  • Community Beach Access
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of March 2021

Every single second you spend at this magnificent oceanfront home will reaffirm your belief that dreams really do come true. This immaculate 6-bedroom, 6-bath home, tucked onto a remote cul-de-sac of the coveted Pine Island community in Corolla, is an absolute show-stopper. The generous outdoor living spaces will simply WOW you; from the covered pool area Tiki bar (complete with outdoor fridge), to the secluded hot tub to the amazing firepit that invites warm fireside chats to the meandering walkway that leads you to the pristine beach - all of this backdropped by unending views of the mighty Atlantic Ocean. After relaxing, lazy-filled days spent poolside or on the beach, move into the lower level and challenge someone to a game of pool OR challenge your own prowess in one of 30 to 40 games loaded onto the cool Arcade machine just installed this year. This bottom level also boasts two bunk rooms, a full bath and a laundry room. Moving up to the mid level you'll find three more spacious bedrooms, two with their own baths, a family room equipped with its own mini-kitchen, a foyer and a hall bath. Note that custom Italian tile flooring was recently installed throughout and there's also a covered deck to enjoy the ocean views and soothing salty breezes. Move on up to the top level and make sure you exhale after your first glimpse of nothing but ocean and sky. The larger than life windows are perfect and the views absolutely stunning. The open concept living area is grounded by beautiful hardwood oak floors that contrast perfectly with the slate-colored tile surround of the gas fireplace and the designer black and white, perfectly appointed kitchen (there's a second dishwasher and a wine cooler!) with stainless steel appliances. The look is flawless from the high-end furniture and decor to the moving views of ocean and sky from every angle. There's a designated cozy breakfast nook and gracious dining area, and the granddaddy of all bedrooms is up here, too, with its own recently and tastefully updated bath, plus private entry to the outdoor sun deck. We all literally swooned when we saw this house and know you will, too! It really is Treasure Island.

Last Agent to Sell the Property

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 11/25/2020

Keller Williams - Outer Banks

Last Buyer's Agent

Alex Argiroff

Keller Williams - Outer Banks License #176145

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,564

Year Built

  • Built in 1995

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 100 x 291
  • Beach Front
  • Property fronts a private road
  • Cul-De-Sac

HOA Fees

  • $218 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,422 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views

Kitchen

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

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered 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 49

Community Details

Overview

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

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,564

Year Built

Built in 1995

Lot Details

0

HOA Fees

$218 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Sun Deck
  • Flood Zone: VE, X
  • Subdivision Name: Pine Island PUD
  • Headline: Stunning Detail
  • Heated Sq Ft: 4422
  • L V T Date: 11/25/2020
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 170870
  • Advertised Income 2021: 189750
  • Deed Book Pg Number: 874
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • 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, Ice Machine, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, Wine Cooler
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Ceramic Tile, Wood Laminate, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Fireplace, Ensuite, Some Windows Treated, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 2620
  • Hoa Contact: Seaside Management
  • HOA Contact: (252)261-1200
  • Home Owner Dwelling Insurance: 6600

Lot Info

  • Estimated Lot Sq Ft: 28749
  • Lot Description: Beach Frontage, Cul-de-sac
  • Lot Faces: E
  • Lot Size: 100 x 291
  • Lot Number: Lot 49
  • Estimated Lot Size: 0.66
  • Deed Book: 1348

Rental Info

  • Est Annual Rental Income: 189750
  • Estimated Rental Performance: 0.083
  • Flood Expenses: 797
  • Lease Terms: Weekly
  • Other Expenses: 700
  • Other Expenses2: 505
  • Other Expenses3: 3600
  • Other Insurance Expenses: 1650
  • Poolspa Expense: 3600
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Treasure Island
  • Rental Cottage Number: PI49
  • Rental Phone Number: (252)453-3000
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 3800
  • Annual Electric: 3700
  • Annual Water Expense: 575
  • Rental Contact Email: emma@brindleybeach.com
  • Rental Contact Name: Emma Muir
  • Rental Contact Phone: (252)453-3000

Building Info

  • Year Built: 1995

Tax Info

  • Year: 2020
  • Taxes: 9563.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2024
Sold by
Pistone Joseph M and Pistone Sharon
Bought by
Hopewell Robert Stewart and Hopewell Lara Derby
Current Estimated Value
$2,718,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,977,132
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$1,206,703

Purchase Details

Listed on
Nov 25, 2020
Closed on
Mar 12, 2021
Sold by
Clear Coast Holdings Llc
Bought by
Pistone Joseph M and Cavallo Russell Joseph
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Alex Argiroff
Keller Williams - Outer Banks
List Price
$2,375,000
Sold Price
$2,285,000
Premium/Discount to List
-$90,000
-3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$1,713,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 27, 2015
Closed on
Dec 8, 2015
Sold by
Traub David M and Traub Evelyn S
Bought by
Clear Coast Holdings Llc
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Sarah Spencer
Keller Williams - Outer Banks
List Price
$1,995,000
Sold Price
$1,900,000
Premium/Discount to List
-$95,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%

Purchase Details

Closed on
May 27, 2008
Sold by
Mettenheimer Michael K and Chandler Leslie
Bought by
Traub David M and Traub Evelyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Hopewell Robert Stewart $3,200,000 None Listed On Document
Pistone Joseph M $2,285,000 None Listed On Document
Clear Coast Holdings Llc $1,900,000 Attorney
Traub David M $2,100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hopewell Robert Stewart $2,000,000
Previous Owner Pistone Joseph M $1,713,750
Previous Owner Traub David M $1,680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2021 03/16/21 Sold $2,285,000 -3.8% $517 / Sq Ft
01/09/2021 01/09/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $2,375,000 0.0% $537 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
11/25/2020 11/25/20 For Sale $2,375,000 +25.0% $537 / Sq Ft
12/08/2015 12/08/15 Sold $1,900,000 -4.8% $426 / Sq Ft
11/05/2015 11/05/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $1,995,000 -- $447 / 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 $14,539 $1,987,200 $1,568,000 $419,200
2023 $14,539 $1,987,200 $1,568,000 $419,200
2022 $10,678 $1,987,200 $1,568,000 $419,200
2021 $10,673 $1,732,400 $1,347,500 $384,900
2020 $9,564 $1,732,400 $1,347,500 $384,900
2019 $9,554 $1,732,400 $1,347,500 $384,900
2018 $9,554 $1,732,400 $1,347,500 $384,900
2017 $8,667 $1,732,400 $1,347,500 $384,900
2016 $8,658 $1,732,400 $1,347,500 $384,900
2015 $8,586 $1,732,400 $1,347,500 $384,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112011

Outer Banks Association of REALTORS®

APN: 127C-000-0049-0000