NOT LISTED FOR SALE

450 N Cove Rd Corolla, NC 27927

Estimated Value: $1,296,000 - $1,553,000

7 Beds
5.5 Baths
3,301 Sq Ft
$434/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $1,595,000 $483 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $7,951/month

146 Days on Market

Highlights

  • Community Beach Access
  • Tennis Courts
  • Second Refrigerator
  • Ocean View
  • Heated In Ground Pool
  • Coastal Architecture

About This Home

As of December 2023

Its all done and ready for fun at the Quarterdeck! Have you been getting excited about owning a beach home and then realizing that you have to have all the baths redone, pull down the wallpaper, and scrape popcorn ceilings??? Well look no further because the Quarterdeck offers new finishes, incredible updates and is set for the next generation! Just enjoy with your family and friends! Call for a complete list of upgrades and updates. Check out the detailed floor plan and panoramic tour link! Here is why I love this home: LOCATION: the best neighborhood and the best location (ocean views!) surrounded by common area and adjacent to a private tree canopied path to the beach. SIZE: big pool, big ceilings, big windows and great room, 7 bedrooms, gameroom...exactly everything you need for 2 big families (the table will even extend to seat more than shown in the pics!). FINISHES: the kitchen will make you smile...its tasteful, its cool, its ready for vacation and the bathrooms are done too! OUTSIDE: you want to play on the grass and swim and this home has the grass and the huge heated pool. There is also an outdoor bath, shower, and room to expand the fenced area in the back....its beautifully private! BONES: roof, windows, siding, decks, plumbing...done. RENT: want to max it out? 28 weeks in 2024 will gross $170,000. Ask for the extensive list of updates. When all the boxes are checked and starred, you know it is going to go! Hurry!

Last Agent to Sell the Property

Gray Berryman

Carolina Designs Realty License #214315 Listed on: 06/23/2023

Last Buyer's Agent

Matt Myatt

Keller Williams - Outer Banks License #218707

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,145

Year Built

  • Built in 1993

Lot Details

  • 0.38 Acre Lot
  • Property fronts a private road
  • Lot includes common area
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Property is zoned SFO

HOA Fees

  • $241 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3,301 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Screened Porch
  • Ocean Views

Kitchen

  • Oven or Range
  • Second Refrigerator
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Vinyl Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Tennis Courts

Utilities

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

Listing and Financial Details

  • Tax Lot 57

Community Details

Overview

  • Association fees include management, pool, tennis courts, walkways
  • Seaside Management Association, Phone Number (252) 261-1200
  • 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

$4,145

Year Built

Built in 1993

Lot Details

0

HOA Fees

$241 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Hot Tub, Landscaped, Lawn Sprinklers, Outdoor Tennis, Outside Shower, Screened Porch
  • Flood Zone: X
  • Headline: Beautifully Updated!
  • Heated Sq Ft: 3301
  • L V T Date: 06/23/2023
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: SFO
  • Deed Book Pg Number: 537
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C6124
  • Outer Banks Software: Yes
  • Short Term Rental Restrictions: No
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 7
  • Countertops: Granite
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Tile, Wood, Luxury Vinyl Plank
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Connection, Gas Fireplace
  • Optional Rooms: Game Room, Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding, Shakes
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: In Ground, Vinyl, Heated, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle, FORTIFIED™ Roof
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 2890
  • Hoa Contact: Seaside Management
  • HOA Contact: 252 261 1200

Lot Info

  • Estimated Lot Sq Ft: 16538
  • Lot Description: Adj. To Common Area, Level
  • Lot Number: Lot 57
  • Estimated Lot Size: 0.38
  • Deed Book: 1670

Rental Info

  • Est Annual Rental Income: 170000
  • Estimated Rental Performance: 0.1066
  • Lease Terms: Weekly
  • Rental Co: Carolina Designs
  • Rental Cottage Name: The Quarterdeck
  • Rental Cottage Number: 450
  • Rental Phone Number: 2522613934
  • Rental Turnover Day: Saturday
  • Rental Contact Email: elaine.meadows@carolinadesigns.com
  • Rental Contact Name: Elaine Meadows
  • Rental Contact Phone: 2522613934 ext 6242

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2022
  • Taxes: 4144.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Dec 4, 2023
Sold by
Mckendrick Joseph and Mckendrick Catherine
Bought by
Carolina Dreams Management Llc
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$1,695,000
Sold Price
$1,595,000
Premium/Discount to List
-$100,000
-5.9%
Views
285
Current Estimated Value
$1,403,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$191,753
Avg. Annual Appreciation
-5.04%

Purchase Details

Listed on
Jul 14, 2021
Closed on
Dec 14, 2021
Sold by
Crane Joseph Thompson and Crane Crystal Elizabeth
Bought by
Mckendrick Joseph and Mckendrick Catherine
Seller's Agent
Heather McLay
OBX Homes
Buyer's Agent
Gray Berryman
Carolina Designs Realty
List Price
$1,099,000
Sold Price
$1,100,000
Premium/Discount to List
$1,000
0.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.53%
Original Mortgage
$810,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2021
Sold by
Crane Kimberly
Bought by
Crane Joseph Thompson

Purchase Details

Closed on
Feb 25, 2007
Sold by
Holzwarth Andrew C and Holzwarth Michelle W
Bought by
Crane Joseph T and Crane Kimberly W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
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
Carolina Dreams Management Llc $1,595,000 None Listed On Document
Carolina Dreams Management Llc $1,595,000 None Listed On Document
Mckendrick Joseph $1,100,000 None Available
Crane Joseph Thompson -- None Available
Crane Joseph T $1,050,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckendrick Joseph $810,000
Previous Owner Crane Joseph T $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2023 12/15/23 Sold $1,595,000 -4.5% $483 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
10/17/2023 10/17/23 Price Changed $1,670,000 -1.5% $506 / Sq Ft
06/23/2023 06/23/23 For Sale $1,695,000 +54.1% $513 / Sq Ft
12/20/2021 12/20/21 Sold $1,100,000 +4.9% $329 / Sq Ft View Prior Sale
11/06/2021 11/06/21 Pending -- -- --
11/01/2021 11/01/21 Price Changed $1,049,000 -2.4% $314 / Sq Ft
10/18/2021 10/18/21 Price Changed $1,075,000 -2.2% $321 / Sq Ft
09/27/2021 09/27/21 For Sale $1,099,000 0.0% $329 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/17/2021 08/17/21 Price Changed $1,099,000 -4.4% $329 / Sq Ft
07/14/2021 07/14/21 For Sale $1,149,000 -- $343 / 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 $4,473 $710,900 $385,000 $325,900
2024 $4,473 $710,900 $385,000 $325,900
2023 $4,457 $710,900 $385,000 $325,900
2022 $4,145 $710,900 $385,000 $325,900
2021 $4,138 $663,700 $350,000 $313,700
2020 $3,879 $663,700 $350,000 $313,700
2019 $3,871 $663,700 $350,000 $313,700
2018 $3,871 $663,700 $350,000 $313,700
2017 $3,511 $663,700 $350,000 $313,700
2016 $3,511 $663,700 $350,000 $313,700
2015 -- $663,700 $350,000 $313,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 122599

Outer Banks Association of REALTORS®

APN: 127C-000-0057-0000