NOT LISTED FOR SALE

469 N Cove Rd Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $1,325,000 - $1,501,000

5 Beds
5.5 Baths
2,850 Sq Ft
$493/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $750,000 $263 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $8,580/month

509 Days on Market

Highlights

  • Community Beach Access
  • Tennis Courts
  • Furnished
  • Ocean View
  • Coastal Architecture
  • Solid Surface Countertops

About This Home

As of February 2014

Gently used second home, looks brand new. Never rented and it shows! Nicely furnished and painstakingly maintained by owners. Lot backs up to community amenities, 2 minute walk to the beach. light and bright and beachy.

Last Listed By

William Hogan

Twiddy and Co. - Duck License #103949 Listed on: 08/18/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,630

Year Built

  • Built in 2000

Lot Details

  • Lot includes common area
  • Landscaped
  • Level Lot

HOA Fees

  • $248 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,850 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Indoor Grill
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Off-Street Parking

Pool

  • Outdoor Shower
  • Saltwater Pool

Outdoor Features

  • Sun Deck
  • Tennis Courts

Utilities

  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 38

Community Details

Overview

  • Association fees include common insurance, grounds maintenance, management, pool, tennis courts
  • Built by Shoreline Builders
  • 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

$3,630

Year Built

Built in 2000

Lot Details

0

HOA Fees

$248 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Directions: Enter Pine Island on North end, left on North Cove, house on right as you go around the curve.
  • Extras: Beach Access, Ceiling Fan(s), Landscaped, Outdoor Tennis, Outside Shower, Sun Deck
  • Flood Zone: X
  • Subdivision Name: Pine Island PUD
  • Heated Sq Ft: 2850
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: res
  • Deed Book Pg Number: 356
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Indoor Grill, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Countertops: Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Gas Fireplace
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Shoreline Builders
  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool Type: Outdoor, Salt
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Grounds Maintenance, Management, Pool, Tennis Courts
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 2975

Lot Info

  • Lot Description: Adj. To Common Area, Level
  • Lot Number: Lot 38
  • Deed Book: 505

Rental Info

  • Est Annual Rental Income: 40000
  • Estimated Rental Performance: 0.0533

Building Info

  • Year Built: 2000

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 3630

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2012
Closed on
Feb 10, 2014
Sold by
Yarbrough Walter and Yarbrough Carmen
Bought by
Macdougall Michael James and Macdougall Charlette Hatrak
Seller's Agent
William Hogan
Twiddy and Co. - Duck
Buyer's Agent
Scott Wheeler
Celebration Realty
List Price
$850,000
Sold Price
$750,000
Premium/Discount to List
-$100,000
-11.76%
Total Days on Market
509
Current Estimated Value
$1,406,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$656,241
Avg. Annual Appreciation
5.74%
Original Mortgage
$600,000
Outstanding Balance
$463,775
Interest Rate
4.56%
Mortgage Type
New Conventional
Estimated Equity
$942,466

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
Macdougall Michael James $750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macdougall Michael James $600,000
Previous Owner Yarbrough Walter $222,400
Previous Owner Yarbrough Walter $271,018
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2014 02/14/14 Sold $750,000 -11.8% $263 / Sq Ft
01/09/2014 01/09/14 Pending -- -- --
08/18/2012 08/18/12 For Sale $850,000 -- $298 / 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 $5,970 $786,200 $385,000 $401,200
2023 $5,325 $786,200 $385,000 $401,200
2022 $4,446 $786,200 $385,000 $401,200
2021 $4,431 $730,600 $350,000 $380,600
2020 $4,142 $730,600 $350,000 $380,600
2019 $4,142 $730,600 $350,000 $380,600
2018 $4,142 $730,600 $350,000 $380,600
2017 $3,757 $730,600 $350,000 $380,600
2016 $3,757 $730,600 $350,000 $380,600
2015 $3,757 $730,600 $350,000 $380,600
Source: Public Records

Agents Affiliated with this Home

  • William Hogan

    Seller's Agent in 2014

    William Hogan

    Twiddy and Co. - Duck

    (252) 202-9090

    22 in this area

    45 Total Sales

    William Hogan
    Section Image
  • Scott Wheeler

    Buyer's Agent in 2014

    Scott Wheeler

    Celebration Realty

    (757) 775-5115

    39 in this area

    47 Total Sales

    Scott Wheeler
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 75962

Outer Banks Association of REALTORS®

APN: 127C-000-0038-0000

North Carolina Currituck County Corolla 27927 Corolla

469 N Cove Rd, Corolla, NC

Homes for Sale in Corolla, NC

This home is located at 469 N Cove Rd, Corolla, NC 27927 since 18 August 2012 and is currently estimated at $1,406,241, approximately $493 per square foot. This property was built in 2000. 469 N Cove Rd is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

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Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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