NOT LISTED FOR SALE

480 Land Fall Ct Corolla, NC 27927

Estimated Value: $1,048,342 - $1,439,000

4 Beds
3 Baths
1,955 Sq Ft
$648/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $745,000 $381 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $7,154/month

243 Days on Market

Highlights

  • Community Beach Access
  • 0.92 Acre Lot
  • Cathedral Ceiling
  • Ocean Front
  • Coastal Architecture
  • Sun or Florida Room

About This Home

As of August 2020

A wonderful presence is captured by this truly remarkable Beach Home ! Nestled along the Atlantic Ocean, Soothing Ocean Breezes and commanding Ocean Views dazzle one and all ! Such a quality Oceanside feeling radiates from this Well Built, uniquely positioned Semi-Oceanfront Beach Home. An excellent Builder, Pete Hunter Beach Homes are always recognized for their “top notch” design character. Perched on almost an Acre Site, gives you spaciousness you will only find in the Community of Spindrift. Custom Built 2 X 6 Quality Construction by the present Owner, with lush Landscaping, this Four Bedroom / Three Bath Residence is located across from the Beach Access, so you are just a two minute walk to the Splashing Surf ! Plus Community Tennis Courts are nearby. The Top Level has a Master Suite w adjacent Sitting Room w more Ocean Views, plus a Private Deck, all of which compliments the Great Room Living, Dining & Kitchen Areas, where all the action is. Bedrooms w Built-In Dresser Cabinets, Baths w Granite Counter Tops, Kitchen Counter Tops in beautiful Granite also. Two Natural Wells: One for delicious House Tap Water; the other for the Landscape Sprinkler Irrigation System. Plus a Paid County Water Tap Fee optional County Water Supply Meter at the Street. Another benefit you will appreciate is the Low Maintenance features of Well Insulated 6” Exterior Walls, Quality Vinyl Siding, PVC Deck Railings, Casement Windows w Stainless Hardware, all creating a smooth energy efficient and low cost operation, ( lower utility costs and no painting costs necessary on Siding & Deck Rails ). New Roof in 2016; New Trane Heat Pumps Systems in 2012 & 2013. Ideal Foyer Entry at Deck Entrance to Mid Level Den; plus another optional mid point covered Entry. A Large Detached ( 26 X 26 ) Two Car Garage is another rare find at the Beach. Plenty of Parking too, a precious commodity at the Beach. Only the Spindrift Community gives an open, spacious privacy w 40,000 Sq Ft +- Homesites….. especially “Being So Close to the Beach”. The Ground Floor Enclosure ( 14 X 19 ) can keep all the Beach Toys secure, like Kayaks, Rafts, Floats, Games, Hammocks, Coolers, Air Pumps, Paddle Boards, Surf Boards, etc. More than ample Lot Size for expansion and pool addition if preferred. This Beach Home is so well cared for, "you and your loved ones will cherish the Beach fun and lifestyle", only this Home provides.

Last Agent to Sell the Property

Paul Sabadash

Sun Realty - Corolla License #119788 Listed on: 10/27/2019

Last Buyer's Agent

Holly Henry-West

Century 21 Nachman Realty License #193937

Century 21 Nachman Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,341

Year Built

  • Built in 1987

Lot Details

  • 0.92 Acre Lot
  • Ocean Front
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,955 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Window Treatments
  • Sun or Florida Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Parking Garage Space
  • Off-Street Parking

Pool

  • Outdoor Shower

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 20

Community Details

Overview

  • Association fees include road maintenance, tennis courts
  • Bob Proost Association
  • Built by Pete Hunter Great Reputation
  • Spindrift Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,341

Year Built

Built in 1987

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Landscaped, Lawn Sprinklers, Outside Shower, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Spindrift
  • Headline: Enchanting......
  • Heated Sq Ft: 1955
  • L V T Date: 10/27/2019
  • Primary Residence: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unheated Lvarsf: 140
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Deed Book Pg Number: 67
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3211
  • 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, Washer
  • Bedrooms: 4
  • Countertops: Granite, Solid Surface
  • Floor Coverings: Carpet, Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Ensuite, Some Windows Treated, Washer Connection
  • Optional Rooms: Office, Sun/Florida Room

Exterior Features

  • Homebuilder: Pete Hunter Great Reputation
  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 125
  • View: Ocean

Garage/Parking

  • Garage: 2 Car, Detached
  • Garage Sq Ft: 676
  • Parking: Parking Garage, Paved, Off Street

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Electric, Forced Air, Heat Pump, Zoned
  • Sewer/Septic System: Private Septic
  • Water: Private, Well

Condo/Co-op/Association

  • HOA Fee Includes: Road Maintenance, Tennis Courts
  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 800
  • Hoa Contact: Bob Proost
  • HOA Contact: Spindrift Property Owners
  • Home Owner Dwelling Insurance: 4420

Lot Info

  • Estimated Lot Sq Ft: 40000
  • Lot Description: Cul-de-sac, Level
  • Lot Faces: .92 Acre Faces Ocean East
  • Lot Size: 125 X 320 = 40,000
  • Lot Number: Lot 20
  • Estimated Lot Size: 0.92
  • Deed Book: 1334

Rental Info

  • Other Expenses: 150
  • Annual Cable TV Expense: 1550
  • Annual Electric: 2400

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2019
  • Taxes: 4341

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2019
Closed on
Aug 9, 2020
Sold by
Duvall William H
Bought by
Gentry Keil R and Gentry Jennifer A
Seller's Agent
Paul Sabadash
Sun Realty - Corolla
Buyer's Agent
Holly Henry-West
Century 21 Nachman Realty
List Price
$754,900
Sold Price
$745,000
Premium/Discount to List
-$9,900
-1.31%
Current Estimated Value
$1,267,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,086
Avg. Annual Appreciation
10.38%
Original Mortgage
$420,500
Outstanding Balance
$371,330
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$895,756

Purchase Details

Closed on
Jul 9, 2015
Sold by
Duvall William H
Bought by
Duvall William H and The Illiam H Duvall Revocable Living Tru
Source: Public Records
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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
Gentry Keil R $745,000 None Available
Duvall William H -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gentry Keil R $420,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $745,000 -1.3% $381 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
10/27/2019 10/27/19 For Sale $754,900 -- $386 / 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 $5,620 $733,900 $375,000 $358,900
2024 $5,620 $733,900 $375,000 $358,900
2023 $5,604 $733,900 $375,000 $358,900
2022 $4,179 $733,900 $375,000 $358,900
2021 $4,164 $768,100 $450,000 $318,100
2020 $4,341 $768,100 $450,000 $318,100
2019 $4,341 $768,100 $450,000 $318,100
2018 $4,341 $768,100 $450,000 $318,100
2017 $3,937 $768,100 $450,000 $318,100
2016 $3,937 $768,100 $450,000 $318,100
2015 $3,937 $768,100 $450,000 $318,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 107096

Outer Banks Association of REALTORS®

APN: 127A-000-0020-0000