Seller's Agent in 2018
Cooper Hawk
Outer Banks Realty Group
(252) 202-4019
10 in this area
38 Total Sales
474 N Cove Rd Corolla, NC 27927
Estimated Value: $1,682,000 - $1,811,614
8
Beds
8.5
Baths
4,815
Sq Ft
$366/Sq Ft
Est. Value
Highlights
- Community Beach Access
- In Ground Pool
- Cathedral Ceiling
- Ocean View
- Second Refrigerator
- Wood Flooring
About This Home
As of March 2018Largest and most affordable 2 back from the oceanfront in Corolla. Great ocean views, similar to those of a semi. Direct beach access. 8 bedrooms with 8.5 baths and 4800 heated square feet, this house has been lovingly maintained. Owners have taken on multiple projects and update the property yearly. New flooring this year(all new carpet and tile in ground floor) Granite counter tops and vanities, tile showers, hardwood floors, faux painting. All the bedrooms are spacious and don't feel cramped with King beds or multiple bunks. Looks like a "Coastal Living" showpiece. Private pool area with tiki bar, beach volleyball court, multiple sun decks, hot tub, large recreation room with multiple games, wet bar and TV to entertain the whole family at once. FEMA states house is partially in a flood zone, but is not affected. The home sits on nearly an acre, and is one of the largest in the development. Dependable rental history always over $100k/year.
Last Agent to Sell the Property
Outer Banks Realty Group License #229028 Listed on: 11/03/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,405
Year Built
- Built in 1994
Lot Details
- 0.71 Acre Lot
- Lot Dimensions are 103 x 127 x 253 x 284
- Property fronts a private road
- Landscaped
- Level Lot
HOA Fees
- $242 Monthly HOA Fees
Parking
- Off-Street Parking
Home Design
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Shake Siding
- Piling Construction
Interior Spaces
- 4,815 Sq Ft Home
- Wet Bar
- Central Vacuum
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Entrance Foyer
- Loft
- Game Room
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Ice Maker
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- En-Suite Primary Bedroom
- Cedar Closet
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- Gunite Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Covered Deck
- Patio
- Exterior Lighting
- Tiki or Chickee Hut
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Fuel Tank
- Private Sewer
Listing and Financial Details
- Tax Lot lot 11
Community Details
Overview
- Association fees include common electric, common insurance, management, pool, road maintenance, security, tennis courts, walkways
- Jeff Shields Association, Phone Number (252) 261-1200
- Built by BD&A
- Pine Island Pud Subdivision
Amenities
- Common Area
Recreation
- Community Beach Access
- Tennis Courts
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2017
Closed on
Mar 26, 2018
Sold by
Keane Raymond T and Keane Marjoei
Bought by
Miller Melvin L and Miller Kristine T
Seller's Agent
Cooper Hawk
Outer Banks Realty Group
Buyer's Agent
David Weybright
Coastal Outer Banks Realty
List Price
$1,110,000
Sold Price
$1,090,000
Premium/Discount to List
-$20,000
-1.8%
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
$673,654
Avg. Annual Appreciation
6.38%
Original Mortgage
$800,000
Outstanding Balance
$681,546
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$1,082,108
Purchase Details
Closed on
Jun 1, 2004
Bought by
Keane Raymond T and Keane Marjorie
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Miller Melvin L | $109,000 | None Available | |
| Keane Raymond T | $1,095,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Miller Melvin L | $800,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/26/2018 03/26/18 | Sold | $1,090,000 | -1.8% | $226 / Sq Ft |
| 02/11/2018 02/11/18 | Pending | -- | -- | -- |
| 11/03/2017 11/03/17 | For Sale | $1,110,000 | -- | $231 / 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 |
|---|---|---|---|---|
| 2025 | $6,527 | $841,400 | $400,000 | $441,400 |
| 2024 | $6,527 | $841,400 | $400,000 | $441,400 |
| 2023 | $6,511 | $841,400 | $400,000 | $441,400 |
| 2022 | $4,840 | $841,400 | $400,000 | $441,400 |
| 2021 | $4,825 | $841,400 | $400,000 | $441,400 |
| 2020 | $4,846 | $841,400 | $400,000 | $441,400 |
| 2019 | $4,846 | $841,400 | $400,000 | $441,400 |
| 2018 | $4,846 | $841,400 | $400,000 | $441,400 |
| 2017 | $4,405 | $841,400 | $400,000 | $441,400 |
| 2016 | $4,405 | $841,400 | $400,000 | $441,400 |
| 2015 | $4,405 | $841,400 | $400,000 | $441,400 |
Source: Public Records
Agents Affiliated with this Home
-
Cooper Hawk
-
David Weybright
Buyer's Agent in 2018
David Weybright
Coastal Outer Banks Realty
(252) 305-2400
11 in this area
69 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 98368
APN: 127C-000-0011-0000
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