NOT LISTED FOR SALE

475 Spindrift Trail Corolla, NC 27927

Estimated Value: $1,744,000 - $2,660,000

9 Beds
9.5 Baths
5,632 Sq Ft
$365/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $1,540,000 $273 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $11,458/month

55 Days on Market

Highlights

  • Community Beach Access
  • Home Theater
  • Gated Community
  • Ocean View
  • In Ground Pool
  • 0.92 Acre Lot

About This Home

As of September 2022

Outstanding location on nearly one acre with panoramic ocean views and 8 suites! Fully handicap accessible with handicap friendly bedroom on the mid-level complete with roll in shower. Only 3 lots back from the beach! A very short stroll to uncrowded beaches, private pool, hot tub, game room with exercise area & kitchenette, mid level media room, top level master bedroom with fireplace & jetted tub, elevator, large and open great room featuring cathedral ceilings with lots of windows to enjoy the outstanding ocean views, tiled entry foyer, amazing kitchen with 2 of each appliance, hardwood floors, spacious bedrooms, mid level media/family room, ground level recreation room, gated community, subdivision tennis courts, close to shops, restaurants & the Currituck Club Golf course. It simply doesn't get any better! Lots of recent improvements.......New roof in 2020, new ground level HVAC 2020, New top level HVAC 2019, mid level HVAC replaced in 2012. New vinyl handrails on decks in late 2020. New pool fence late 2020. New front stairs with vinyl handrails early 2021. All north facing siding on house was replaced and painted in late 2020. New living room sectional sofa late 2020. New dining table in late 2020. New furniture in mid level family room late 2020. All new window treatments 2022. New pool heather and saltwater system 2022. New Charge Point Cart Charger 2022. High end and durable, composite pool furniture.

Last Agent to Sell the Property

Edith Rowe

Brindley Beach Vacations & Sales-Duck License #188824 Listed on: 05/31/2022

Co-Listed By

Catherine Strachan

Brindley Beach Vacations & Sales-Duck License #246162

Last Buyer's Agent

Inna Pencheva

Landmark Sotheby's Internation License #289035

Landmark Sotheby's Internation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,824

Year Built

  • Built in 2006

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 335x188x347x47
  • Property fronts a private road
  • Landscaped
  • Level Lot

HOA Fees

  • $79 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 5,632 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Home Theater
  • Game Room
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Pool

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

Outdoor Features

  • Sun Deck
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 5

Community Details

Overview

  • Association fees include tennis courts
  • Kris Lakenan Association
  • Spindrift Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,824

Year Built

Built in 2006

Lot Details

0

HOA Fees

$79 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: Head North on Ocean Trail, turn Right on to Spindrift Trail through the gate and the property will be on the left.
  • Extras: Ceiling Fan(s), Elevator, Handicap Friendly, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Spindrift & Improvements
  • Headline: Exceptional Investment
  • Heated Sq Ft: 5632
  • L V T Date: 05/31/2022
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: Res
  • Advertised Income 2020: 103996
  • Advertised Income 2021: 122665
  • Advertised Income 2022: 118730
  • Deed Book Pg Number: 155
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C14121
  • 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 w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 9
  • Bedroom 1: On Level: 3
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 2
  • Bedroom 6: On Level: 2
  • Bedroom 7: On Level: 1
  • Bedroom 8: On Level: 1
  • Kitchen: On Level: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Slab
  • Full Bathrooms: 9
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar, 1st Flr Ensuite
  • Dining Room: On Level: 3
  • Family Room: On Level: 2
  • Game Room: On Level: 1
  • Living Room: On Level: 3
  • Optional Room 3: On Level: Ground
  • Optional Rooms: Foyer, Game Room, Utility Room, Media Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Wood, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Electric, Heat Pump, Zoned
  • Septic Fee: 600
  • Sewer/Septic System: Non Conventional Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Tennis Courts
  • Association Amenities: Gated Community, Ocean Access, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 950
  • Hoa Contact: Kris Lakenan
  • HOA Contact: krislaken@comcast.net

Lot Info

  • Estimated Lot Sq Ft: 40000
  • Lot Description: Level
  • Lot Faces: S
  • Lot Size: 335x188x347x47
  • Lot Number: Lot 5
  • Estimated Lot Size: 0.92
  • Deed Book: 1183

Rental Info

  • Lease Terms: Weekly
  • Poolspa Expense: 3851
  • Rental Co: Paramount Destinations
  • Rental Cottage Name: Jordy
  • Rental Cottage Number: SD-5
  • Rental Phone Number: 252-453-3045
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 3552
  • Annual Electric: 4122
  • Annual Water Expense: 883
  • Rental Contact Email: newpm@paramountdestinations.com
  • Rental Contact Name: Lorena Godley
  • Rental Contact Phone: 252-453-3045

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2021
  • Taxes: 5824

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Oct 31, 2022
Sold by
Solimano Michael and Solimano Cara
Bought by
Coastal Real Estate Llc
Seller's Agent
Edith Rowe
Brindley Beach Vacations & Sales-Duck
Buyer's Agent
Inna Pencheva
Landmark Sotheby's Internation
List Price
$1,799,000
Sold Price
$1,540,000
Premium/Discount to List
-$259,000
-14.4%
Current Estimated Value
$2,053,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,412
Avg. Annual Appreciation
9.11%
Original Mortgage
$1,078,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2022
Closed on
Sep 8, 2022
Sold by
Corva Obx Llc
Bought by
Solimano Michael and Solimano Cara
Seller's Agent
Edith Rowe
Brindley Beach Vacations & Sales-Duck
Buyer's Agent
Inna Pencheva
Landmark Sotheby's Internation
List Price
$1,799,000
Sold Price
$1,540,000
Premium/Discount to List
-$259,000
-14.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,078,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2021
Closed on
Apr 5, 2021
Sold by
Corona Joseph A and Corona Carla Vavala
Bought by
Corva Obx Llc
Seller's Agent
Edith Rowe
Brindley Beach Vacations & Sales-Duck
Buyer's Agent
Edith Rowe
Brindley Beach Vacations & Sales-Duck
List Price
$1,199,000
Sold Price
$1,175,000
Premium/Discount to List
-$24,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.06%
Original Mortgage
$940,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2021
Closed on
Feb 19, 2021
Sold by
Rivosecchi Robert and Rivosecchi Madalyn
Bought by
Corona Joseph A and Corona Carla Vavala
Seller's Agent
Edith Rowe
Brindley Beach Vacations & Sales-Duck
Buyer's Agent
Edith Rowe
Brindley Beach Vacations & Sales-Duck
List Price
$1,199,000
Sold Price
$1,175,000
Premium/Discount to List
-$24,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2011
Sold by
Hickey Joseph and Ulrich Laurel R
Bought by
Rivosecchi Robert and Coviello Madalyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 16, 2008
Sold by
Rbc Bank Usa
Bought by
Hickey Joseph and Ulrich Laurel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2007
Sold by
Nguyen James X and Nguyen Hahn
Bought by
Rbc Centura Bank

Purchase Details

Closed on
Aug 26, 2005
Sold by
Beder Edward J and Kramer Jane M
Bought by
Nguyen James X and Nguyen Hahn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
5.77%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Coastal Real Estate Llc -- --
Coastal Real Estate Llc -- None Listed On Document
Solimano Michael $992,500 --
Solimano Michael $992,500 None Listed On Document
Corva Obx Llc -- None Available
Corona Joseph A $1,175,000 None Listed On Document
Rivosecchi Robert $865,000 None Available
Hickey Joseph $900,000 None Available
Rbc Centura Bank $1,000,000 None Available
Nguyen James X $975,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Solimano Michael $1,078,000
Previous Owner Corona Joseph A $940,000
Previous Owner Rivosecchi Robert $417,000
Previous Owner Hickey Joseph $720,000
Previous Owner Nguyen James X $1,920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2022 09/09/22 Sold $1,540,000 -14.4% $273 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $1,799,000 +53.1% $319 / Sq Ft
03/17/2021 03/17/21 Sold $1,175,000 -2.0% $209 / Sq Ft View Prior Sale
01/12/2021 01/12/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $1,199,000 -- $213 / 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
2025 $7,825 $1,034,400 $260,000 $774,400
2024 $7,825 $1,034,400 $260,000 $774,400
2023 $7,809 $1,034,400 $260,000 $774,400
2022 $5,828 $1,034,400 $260,000 $774,400
2021 $5,824 $909,000 $300,000 $609,000
2020 $5,220 $909,000 $300,000 $609,000
2019 $5,208 $909,000 $300,000 $609,000
2018 $5,208 $909,000 $300,000 $609,000
2017 $4,733 $909,000 $300,000 $609,000
2016 $4,733 $909,000 $300,000 $609,000
2015 $4,733 $909,000 $300,000 $609,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119084

Outer Banks Association of REALTORS®

APN: 127A-000-0005-0000