NOT LISTED FOR SALE

471 N Cove Rd Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $1,233,000 - $1,333,254

5 Beds
4.5 Baths
3,201 Sq Ft
$398/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $720,000 $225 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $7,774/month

62 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Second Refrigerator
  • Ocean View
  • In Ground Pool
  • Coastal Architecture

About This Home

As of October 2020

This lovely home underwent extensive renovations and a ground level addition in 2010. In addition to adding a large game room and living area on the ground level the plunge pool was added and many upgrades were made to the home including updating the kitchen and bathrooms. The property has been thoughtfully maintained, a new roof was completed in 2016, exterior paint was done in 2017. Enjoy the "Island Life" situated next to the large Pine Island pool with snack bar, play area, and attendants, tennis courts and basketball courts. The beach is just a short direct 355' walk away. Island Life is sophisticated and beautifully decorated. There is nothing left to do -- just move in. Extras in this home are private plunge pool, many tvs, 2 refrigerators, 2 dishwashers and pool table located in the rec room. There are 3 master bedrooms, one on each level of the home. A must see home!! Use this link for 3D Dollhouse view: https://my.matterport.com/show/?m=ztpnYUPq3ks&mls=1

Last Listed By

Edith Rowe

Brindley Beach Vacations & Sales-Duck License #188824 Listed on: 07/01/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,949

Year Built

  • Built in 1994

Lot Details

  • Lot Dimensions are 104x186x92x201
  • Cul-De-Sac
  • Lot includes common area
  • Fenced Yard
  • Landscaped
  • Level Lot

HOA Fees

  • $245 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,201 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Loft
  • Game Room
  • Screened Porch
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking
  • Reserved Parking

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot #37

Community Details

Overview

  • Association fees include common electric, common insurance, 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
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,949

Year Built

Built in 1994

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Hwy 12 North, turn on Black Pine and left on North Cove Road - 6th home on right.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Fenced Yard, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Patio, Screened Porch, Smoke Detector(s), Sun Deck, Whirlpool/Spa, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Pine Island
  • Headline: 3 Lots Back From Ocean
  • Heated Sq Ft: 3201
  • L V T Date: 07/01/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: Res
  • Advertised Income 2020: 77303
  • Deed Book Pg Number: 924
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C14121
  • 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, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 5
  • Bedroom 1: On Level: 3
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 1
  • Kitchen: On Level: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Some Windows Treated, Washer Connection, Wet Bar, 1st Flr Ensuite
  • Dining Room: On Level: 3
  • Family Room: On Level: 2
  • Game Room: On Level: Ground
  • Living Room: On Level: 3
  • Optional Rooms: Foyer, Game Room, Loft, Pantry, Shipswatch
  • Partial Bathrooms: 1
  • Optional Room 1: On Level: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 104
  • View: Ocean

Garage/Parking

  • Parking: Paved, Reserved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Tennis Courts, Walkways
  • Association Amenities: Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 2939
  • Hoa Contact: Seaside Management
  • HOA Contact: 2522611200

Lot Info

  • Lot Description: Adj. To Common Area, Cul-de-sac, Level
  • Lot Size: 104x186x92x201
  • Lot Number: Lot #37
  • Deed Book: 1112

Rental Info

  • Flood Expenses: 640
  • Lease Terms: Weekly
  • Poolspa Expense: 3500
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Island Life
  • Rental Cottage Number: PI37
  • Rental Phone Number: 453-3000
  • Rental Turnover Day: SUN
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1752
  • Annual Electric: 2710
  • Annual Water Expense: 787
  • Rental Contact Email: kami@brindleybeach.com
  • Rental Contact Name: Kami Trusz
  • Rental Contact Phone: 252-453-3000

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2019
  • Taxes: 3948.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2021
Sold by
Chiv Chy M and Chiv May P
Bought by
Corolla Keys Properties Llc
Total Days on Market
62
Current Estimated Value
$1,273,814

Purchase Details

Listed on
Jul 1, 2020
Closed on
Oct 29, 2020
Sold by
Lutz Jacob A and Lutz Robin R
Bought by
Chiv Chy M
Seller's Agent
Edith Rowe
Brindley Beach Vacations & Sales-Duck
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$749,000
Sold Price
$720,000
Premium/Discount to List
-$29,000
-3.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.64%
Original Mortgage
$400,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2009
Sold by
Carter John M and Mullins Jeanette C
Bought by
Lutz Jacob A and Lutz Robin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.94%
Mortgage Type
Credit Line Revolving

Range of Values:

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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
Corolla Keys Properties Llc -- None Available
Chiv Chy M $720,000 None Available
Lutz Jacob A $700,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chiv Chy M $400,000
Previous Owner Lutz Jacob A $100,000
Previous Owner Lutz Jacob A $458,850
Previous Owner Carter Elvira T $698,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $720,000 -3.9% $225 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $749,000 0.0% $234 / Sq Ft
08/20/2020 08/20/20 Price Changed $749,000 -2.6% $234 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $769,000 -- $240 / 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 $5,607 $717,600 $385,000 $332,600
2023 $5,607 $717,600 $385,000 $332,600
2022 $4,096 $717,600 $385,000 $332,600
2021 $4,081 $694,100 $350,000 $344,100
2020 $3,949 $694,100 $350,000 $344,100
2019 $3,949 $694,100 $350,000 $344,100
2018 $3,949 $694,100 $350,000 $344,100
2017 $3,582 $694,100 $350,000 $344,100
2016 $3,582 $694,100 $350,000 $344,100
2015 $3,582 $694,100 $350,000 $344,100
Source: Public Records

Agents Affiliated with this Home

  • Edith Rowe

    Seller's Agent in 2020

    Edith Rowe

    Brindley Beach Vacations & Sales-Duck

    (252) 202-6165

    70 in this area

    232 Total Sales

    Edith Rowe
    Section Image
  • Catherine Strachan

    Seller Co-Listing Agent in 2020

    Catherine Strachan

    Brindley Beach Vacations & Sales-Duck

    (252) 489-9540

    58 in this area

    196 Total Sales

    Catherine Strachan
    Section Image
  • Four Seasons Realty

    Buyer's Agent in 2020

    Four Seasons Realty

    Four Seasons Realty

    (252) 261-6664

    154 in this area

    396 Total Sales

    Four Seasons Realty
    Section Image

  • C

    Buyer Co-Listing Agent in 2020

    Casey Peeler

    Four Seasons Realty

    (336) 687-4253

    1 in this area

    11 Total Sales

    Casey Peeler
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109930

Outer Banks Association of REALTORS®

APN: 127C-000-0037-0000

North Carolina Currituck County Corolla 27927 Corolla

471 N Cove Rd, Corolla, NC

Homes for Sale in Corolla, NC

This home is located at 471 N Cove Rd, Corolla, NC 27927 since 01 July 2020 and is currently estimated at $1,273,814, approximately $397 per square foot. This property was built in 1994. 471 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.
Information is deemed reliable but not guaranteed.

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