NOT LISTED FOR SALE

472 Island Lead Rd Corolla, NC 27927

Corolla Area

Estimated Value: $1,682,000 - $1,812,000

8 Beds
9 Baths
4,502 Sq Ft
$392/Sq Ft Est. Value

Sale Details

Date Sold: July 16, 2021

Last sale price $1,225,000 $272 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $10,554 / mo

10 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Second Refrigerator
  • Knotts Island Elementary School Rated 9+
  • Pool
  • Coastal Architecture

About This Home

As of July 2021

Remarkably kept and minutes to the beach this Pine Island home is tucked and private. A large and spacious yard along with plenty of parking for your guest. Ready for the season and turn key with no deferred maintenance. Pristine Condition! BOOKED SOLID FROM MAY 22- SEPTEMBER 18,2021. This reverse floor plan has been beautifully appointed and reserved for most the 2021 season. Let this be your family getaway or continue to rent the property which is a jump skip and hop to the ocean access. Enter into the foyer and take a few steps down to an awesome large and open game room with every game your kids could ever desire. Offering pool table, video games and a nice kitchen to get the party started and easy walk for the cook to access the park grill outside which is only steps away off the pool deck. The pool and hot tub area are awesome for entertaining along with outdoor shower. Extras amenities to enjoy offering a volleyball court for the competitive family. Don't forget the basketball goal for your ball player. Ground floor plan offers two king master en suite's beautifully furnished with mounted televisions for the couple or family member who wants easy access to the pool and spa zone or to oversee the kids. Hallway bath exits to the pool area so the kids can come and go easily while swimming or soaking in the hot tub. The laundry closet with oversized washer and dryer is also conveniently located on the first level. The next level has large hallway with three additional king en suites and two bunk rooms which share a hallway bath. The upstairs is wide open to enjoy your family and friends with a great meal or just a quiet moment in the luxurious greatroom with ton's of seating. Enjoy your morning coffee and enjoy watching the sunrise from the ships watch. The kitchen has a wonderful large layout with a super large bar and and barstools if you want to break out a charcuterie board and gather around and munch and sip your favorite beverage. The kitchen has a separate breakfast nook with two additional refrigerators for a total of three upstairs making sure there is plenty of space for great foods and beverages. Don't forget the powder bath tucked off the kitchen for ease when entertaining. This is one of the greatest kitchen layouts for a large gathering. Kitchen offering stainless appliances, ceramic floors and plenty of cabinet space for the cook or the hired chef to get a wonderful meal together. The screen porch is also a great spot to enjoy the nature that surrounds the community.The master suite is large and bright and airy with a master bath with jacuzzi and shower and double vanities. The mid level offers roomy hallway. The upper level has large open sundecks and on the mid level enjoy the hammock on the covered deck in the shade to kick back in for a peaceful moment Tons of room to getaway on these decks. Please see Brokers Notes.

Last Agent to Sell the Property

Kathy Sawyer

Village Realty Holdings, LLC - License #88741 Listed on: 05/09/2021

Last Buyer's Agent

Randy Nance

Coastal Carolina Vacations License #207311

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,865

Year Built

  • Built in 2000

Lot Details

  • Property fronts a private road
  • Level Lot

HOA Fees

  • $238 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,502 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Game Room
  • Screened Porch
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 166

Community Details

Overview

  • Kelly Shields Association
  • Pine Island Pud Subdivision

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,865

Year Built

Built in 2000

Lot Details

0.73 Acres

HOA Fees

$238 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Going North from Duck turn right onto Black Pine Road. At stop sign turn left onto North Cove Road. Take the next left again onto Island Lead Rd. 472 Island Lead will be on the left.
  • Extras: Ceiling Fan(s), Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck
  • Subdivision Name: Pine Island
  • Headline: LARGE LOT & 3 MINUTES TO OCEAN
  • Heated Sq Ft: 4502
  • L V T Date: 05/12/2021
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Advertised Income 2020: 81760
  • Advertised Income 2021: 116618
  • Deed Book Pg Number: 325
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26996
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 8
  • Bedroom 1: On Level: 3
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: 2
  • Bedroom 6: On Level: 2
  • Bedroom 7: On Level: 1
  • Bedroom 8: On Level: 1
  • Kitchen: On Level: 3
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, 1st Flr Ensuite
  • Dining Room: On Level: 3
  • Game Room: On Level: 1
  • Living Room: On Level: 3
  • Optional Rooms: Breakfast Nook, Foyer, Game Room, Shipswatch
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Septic Fee: 504
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 2851
  • Hoa Contact: Kelly Shields
  • HOA Contact: Seaside Maintenance
  • Home Owner Dwelling Insurance: 4754

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 166
  • Deed Book: 1499

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Village Realty
  • Rental Cottage Name: Heaven Scent
  • Rental Cottage Number: PI166
  • Rental Phone Number: 252-480-4751 Alyssa
  • Rental Turnover Day: Saturday
  • Annual Cable TV Expense: 1800
  • Annual Electric: 3280
  • Annual Water Expense: 885
  • Rental Contact Email: obxrentals@vrobx.com
  • Rental Contact Name: Alyssa McDonald or Tirzah Hansen
  • Rental Contact Phone: 252-480-2224

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2020
  • Taxes: 4865

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2021
Closed on
Jul 1, 2021
Sold by
Bought by
Seller's Agent
Kathy Sawyer
Village Realty Holdings, LLC -
Buyer's Agent
Randy Nance
Coastal Carolina Vacations
List Price
$1,189,000
Sold Price
$1,225,000
Premium/Discount to List
$36,000
3.03%
Current Estimated Value
$1,765,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,684
Avg. Annual Appreciation
7.46%
Original Mortgage
$918,750
Outstanding Balance
$845,087
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$920,597

Purchase Details

Closed on
Jul 26, 2019
Sold by
Bought by

Purchase Details

Closed on
Mar 26, 2002
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Corolla, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,225,000 Malarney & Mccown Pllc
$620,900 None Available
$707,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $918,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $1,225,000 +3.0% $272 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/09/2021 05/09/21 For Sale $1,189,000 -- $264 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,329 $948,500 $357,500 $591,000
2024 $7,329 $948,500 $357,500 $591,000
2023 $7,313 $948,500 $357,500 $591,000
2022 $5,439 $948,500 $357,500 $591,000
2021 $5,424 $861,800 $325,000 $536,800
2020 $4,865 $861,800 $325,000 $536,800
2019 $4,849 $861,800 $325,000 $536,800
2018 $4,849 $861,800 $325,000 $536,800
2017 $4,398 $861,800 $325,000 $536,800
2016 $4,398 $861,800 $325,000 $536,800
2015 $4,398 $861,800 $325,000 $536,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114341

Outer Banks Association of REALTORS®

APN: 127C-000-0166-0000

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