Seller's Agent in 2014
Leslie Gilmore
Great Escapes Vacations & Sales
(252) 267-0968
10 in this area
122 Total Sales
453 N Cove Rd Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $1,883,000 - $2,525,796
8
Beds
5.5
Baths
4,900
Sq Ft
$442/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Tennis Courts
- Second Refrigerator
- Ocean View
- In Ground Pool
- Contemporary Architecture
About This Home
As of December 2014Consistently earning nearly $95,000 in annual rental income, this expansive, beautiful custom home features an estate-like setting on one of the largest Oceanside lots in Pine Island. Offering separate entertaining areas, breath-taking ocean views and a private beach front cul-de-sac location, the fabulous Ocean views are all yours from the kitchen, dining area, great room and deck! Enjoy your backyard resort with huge pool, hot tub and sand volleyball court or walk to the Ocean using your private walkway to the beach access. Additional features include large southern style covered front porch, kitchen with granite and stainless, dining room seats 16, sun room, rec room with billiards and wet bar, hardwood floors, decks off of every room. This home has a beautiful exterior and it is even better on the inside. Though technically 2 lots from the Oceanfront, this home has the presence and views of a Semi-Oceanfront and is closer to the beach than many Semi-Oceanfront homes in Pine Island.
Last Agent to Sell the Property
Great Escapes Vacations & Sales License #198088 Listed on: 03/24/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,933
Year Built
- Built in 1994
Lot Details
- 0.55 Acre Lot
- Property fronts a private road
- Lot includes common area
- Landscaped
- Sprinkler System
HOA Fees
- $208 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Asphalt Shingled Roof
- Wood Siding
- Modular or Manufactured Materials
- Piling Construction
Interior Spaces
- 4,900 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
- Indoor Grill
- Microwave
- Second Refrigerator
- Plumbed For Ice Maker
- Second Dishwasher
- Wine Cooler
- Granite Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- En-Suite Primary Bedroom
- Cedar Closet
- Walk-In Closet
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Fire and Smoke Detector
Parking
- Paved Parking
- Off-Street Parking
Pool
- In Ground Pool
- Gunite Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Tennis Courts
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Private or Community Septic Tank
Listing and Financial Details
- Tax Lot 46
Community Details
Overview
- Association fees include common electric, common insurance, management, pool, road maintenance, tennis courts, walkways
- Built by Beach Realty & Construction
- Pine Island Pud Subdivision
Recreation
- Community Boardwalk
- Community Beach Access
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 24, 2014
Closed on
Dec 4, 2014
Sold by
Pierson Pierson R and Pierson Mary Elizabeth
Bought by
Kirkman Milton C and Kirkman Diane L
Seller's Agent
Leslie Gilmore
Great Escapes Vacations & Sales
Buyer's Agent
Tim Lancsek
Surfside Realty
List Price
$1,325,000
Sold Price
$1,150,000
Premium/Discount to List
-$175,000
-13.21%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,015,449
Avg. Annual Appreciation
6.86%
Original Mortgage
$862,500
Outstanding Balance
$665,212
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$1,693,103
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kirkman Milton C | $1,150,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kirkman Milton C | $862,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/04/2014 12/04/14 | Sold | $1,150,000 | -13.2% | $235 / Sq Ft |
| 10/26/2014 10/26/14 | Pending | -- | -- | -- |
| 03/24/2014 03/24/14 | For Sale | $1,325,000 | -- | $270 / 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 |
|---|---|---|---|---|
| 2024 | $9,369 | $1,233,000 | $530,000 | $703,000 |
| 2023 | $8,165 | $1,210,200 | $530,000 | $680,200 |
| 2022 | $6,781 | $1,210,200 | $530,000 | $680,200 |
| 2021 | $6,520 | $1,136,700 | $500,000 | $636,700 |
| 2020 | $6,463 | $1,136,700 | $500,000 | $636,700 |
| 2019 | $6,463 | $1,136,700 | $500,000 | $636,700 |
| 2018 | $6,463 | $1,136,700 | $500,000 | $636,700 |
| 2017 | $5,859 | $1,136,700 | $500,000 | $636,700 |
| 2016 | $5,874 | $1,136,700 | $500,000 | $636,700 |
| 2015 | $5,859 | $1,136,700 | $500,000 | $636,700 |
Source: Public Records
Agents Affiliated with this Home
-
Leslie Gilmore
-
Tim Lancsek
Buyer's Agent in 2014
Tim Lancsek
RE/MAX
(252) 619-6089
46 in this area
129 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 83010
APN: 127C-000-0046-0000
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