NOT LISTED FOR SALE

461 N Cove Rd Corolla, NC 27927

Estimated Value: $1,196,000 - $1,386,000

5 Beds
4.5 Baths
2,590 Sq Ft
$485/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $620,000 $239 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $7,241/month

190 Days on Market

Highlights

  • Community Beach Access
  • Spa
  • Cathedral Ceiling
  • Ocean View
  • Coastal Architecture
  • Wood Flooring

About This Home

As of November 2016

$25k CREDIT TO BUYER FOR POOL! Beautifully situated on an elevated lot with gorgeous mature landscaping, this former Pine Island model home boasts curb appeal, location, views and style. The backyard was made for entertaining, with a built in grill area and one-of-a-kind in-ground hot tub with waterfall. Ascending to the second level, guests have their choice of relaxing on one of the wide decks to enjoy the ocean breezes, or retreat inside to one of the large bedrooms and mid-level den. Anchored by a fireplace surrounded by build-in bookcases, the welcoming living room on the top level boasts tall ceilings, banks of windows with three exposures for taking in the Carolina sunshine and views of the Atlantic ocean. The new kitchen is outfitted with granite countertops, tile floors, stainless Kitchen Aid appliances and new custom cabinetry. The master on the top level has a large private bath with riverstone-floored shower, jet tub and granite countered double vanity. The Pine Island community pool is just a short walk away and it's location provides not only convenience, but privacy and ocean views to the east. Other upgrades to this one of a kind Pine Island beach home include trex decking, tiled floors, central vacuum, cedar-lined closets and new HVAC in 2015.

Last Agent to Sell the Property

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 04/11/2016

Keller Williams - Outer Banks

Last Buyer's Agent

Gray Berryman

Carolina Designs Realty License #214315

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,703

Year Built

  • Built in 1992

Lot Details

  • 0.45 Acre Lot
  • Property fronts a private road
  • Lot includes common area
  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $208 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

  • 2,590 Sq Ft Home
  • Central Vacuum
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 42

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, security, tennis courts, walkways
  • Built by BD&A
  • Pine Island Pud Subdivision

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,703

Year Built

Built in 1992

Lot Details

0.45 Acres

HOA Fees

$208 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Turn into Black Pine Road. Take first left onto N Cove. House is on immediate right.
  • Extras: Beach Access, Ceiling Fan(s), Central Vacuum, Covered Decks, Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Headline: Pine Island Former Model!
  • Heated Sq Ft: 2590
  • L V T Date: 04/11/2016
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: res
  • Deed Book Pg Number: 671
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, Wine Cooler
  • Bedrooms: 5
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Cedar Closet(s), Gas Fireplace, Ensuite, Pantry
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: BD&A
  • Construction: Frame
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Heat Pump, Zoned
  • Septic Fee: 600
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 2495
  • Home Owner Dwelling Insurance: 3750

Lot Info

  • Estimated Lot Sq Ft: 19602
  • Lot Description: Adj. To Common Area, Level
  • Lot Faces: W
  • Lot Size: irreg
  • Lot Number: Lot 42
  • Deed Book: 1285

Rental Info

  • Est Annual Rental Income: 39075
  • Estimated Rental Performance: 0.063
  • Lease Terms: Weekly
  • Other Expenses2: 350
  • Poolspa Expense: 540
  • Rental Co: Outer Banks Blue
  • Rental Cottage Name: Sea Spot
  • Rental Cottage Number: PI042
  • Rental Phone Number: 2522551220
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1726
  • Annual Electric: 4200
  • Annual Telephone Expense: 978
  • Annual Water Expense: 900

Building Info

  • Year Built: 1992

Tax Info

  • Year: 2015
  • Taxes: 3703

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2018
Sold by
Edsall Christopher H and Edsall Lisa C
Bought by
Cseh Edsall Christopher H and Cseh Edsall Lisa
Current Estimated Value
$1,256,012

Purchase Details

Listed on
Apr 11, 2016
Closed on
Nov 18, 2016
Sold by
Queen Keith C and Queen Jennifer M
Bought by
Edsall Christopher H and Edsall Lisa C
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Gray Berryman
Carolina Designs Realty
List Price
$699,000
Sold Price
$620,000
Premium/Discount to List
-$79,000
-11.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$496,000
Outstanding Balance
$396,058
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$859,954

Purchase Details

Closed on
Apr 8, 2014
Sold by
Queen Richard K and Queen Jane H
Bought by
Queen Keith C and Queen Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,250
Interest Rate
4.4%
Mortgage Type
New Conventional
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
Cseh Edsall Christopher H -- None Available
Edsall Christopher H $620,000 Attorney
Queen Keith C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edsall Christopher H $496,000
Previous Owner Queen Keith C $626,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2016 11/18/16 Sold $620,000 -11.3% $239 / Sq Ft
10/18/2016 10/18/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $699,000 -- $270 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $5,964 $764,100 $385,000 $379,100
2024 $5,964 $764,100 $385,000 $379,100
2023 $5,948 $764,100 $385,000 $379,100
2022 $4,430 $764,100 $385,000 $379,100
2021 $4,415 $715,600 $350,000 $365,600
2020 $4,160 $715,600 $350,000 $365,600
2019 $4,160 $700,100 $350,000 $350,100
2018 $4,073 $700,100 $350,000 $350,100
2017 $3,695 $700,100 $350,000 $350,100
2016 $3,703 $700,100 $350,000 $350,100
2015 $3,703 $700,100 $350,000 $350,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 91947

Outer Banks Association of REALTORS®

APN: 127C-000-0042-0000

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