NOT LISTED FOR SALE

486 Spindrift Trail Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $1,412,000 - $1,666,424

5 Beds
4.5 Baths
3,276 Sq Ft
$464/Sq Ft Est. Value

Last Sold January 20, 2021

Last sale price $1,050,000 $321 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $9,157/month

4 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • 0.92 Acre Lot
  • Ocean Front
  • Gated Community
  • Craftsman Architecture

About This Home

As of January 2021

VERY RARE Semi-Ocean front property in the gated community of "Spindrift"!!!! Panoramic Ocean views!!!!! The property offers a private walkway directly to the beach access from the home. Located on almost a full acre of land there is no lack of privacy here. The lot size and the floorplan of the home will allow for a huge investment opportunity. High income ceiling with plenty of room for expansion. This community as a whole has the largest lots in all of Corolla on the oceanside of route 12. The community has only 33 homes site all of which are already developed. Only 10 Lots in all of Corolla semi-oceanfront this large. Looking for privacy? It does not get any more private then this in Corolla. Complete with numerous upgrades since original construction. This home will get you away and definitely give any lucky buyer the space they need.

Last Agent to Sell the Property

Tim Lancsek

Surfside Realty License #210399 Listed on: 12/11/2020

Surfside Realty

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,640

Year Built

  • Built in 1995

Lot Details

  • 0.92 Acre Lot
  • Ocean Front
  • Property fronts a private road
  • Corner Lot
  • Level Lot

HOA Fees

  • $79 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,276 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

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

Outdoor Features

  • 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 7

Community Details

Overview

  • Association fees include common electric, tennis courts
  • Bob Prost / HOA President Association
  • Spindrift Subdivision

Recreation

  • Community Beach Access

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,640

Year Built

Built in 1995

Lot Details

0

HOA Fees

$79 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Nags Head, Craftsman, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Dry Entry
  • Flood Zone: X
  • Subdivision Name: Spindrift
  • Headline: RARE! Private, Ocean Views!!!
  • Heated Sq Ft: 3276
  • L V T Date: 12/11/2020
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: residentia
  • Deed Book Pg Number: 512
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C21933
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, Wine Cooler
  • Bedrooms: 5
  • Countertops: Granite, Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection, Wet Bar, Electric Fireplace
  • Optional Rooms: Foyer, Game Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Tennis Courts
  • Association Amenities: Gated Community, Ocean Access
  • Estimated Annual Fee: 950
  • Hoa Contact: Bob Prost / HOA President
  • HOA Contact: visitcurrituck.com/places

Lot Info

  • Estimated Lot Sq Ft: 40050
  • Lot Description: Corner, Level
  • Lot Faces: West
  • Lot Number: Lot 7
  • Estimated Lot Size: 0.92
  • Deed Book: 1233

Rental Info

  • Rental Co: Brindley Beach Vacations

Building Info

  • Year Built: 1995

Tax Info

  • Year: 2020
  • Taxes: 4640

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2024
Sold by
Guerere Keith and Guerere Kathleen
Bought by
Kathleen Guerere Trust and Keith Francis Guerere Trust
Total Days on Market
4
Current Estimated Value
$1,521,606

Purchase Details

Listed on
Dec 11, 2020
Closed on
Jan 14, 2021
Sold by
Ottolini Duane and Ottolini Susan
Bought by
Guerere Keith and Guerere Kathleen
Seller's Agent
Tim Lancsek
Surfside Realty
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$999,000
Sold Price
$1,050,000
Premium/Discount to List
$51,000
5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$340,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2012
Closed on
Dec 6, 2012
Sold by
Erdelack Barbara A
Bought by
Ottolini Duane Foster and Ottolini Susan Rae
Seller's Agent
Ronald Barrett
Brindley Beach Vacations & Sal
Buyer's Agent
Leslie Gilmore
Great Escapes Vacations & Sales
List Price
$880,000
Sold Price
$835,000
Premium/Discount to List
-$45,000
-5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%
Original Mortgage
$668,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2011
Sold by
Erdelack Barbara A
Bought by
Erdelack Barbara A and Wayne F Erdelack Revocable Living Trust
Source: Public Records

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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
Kathleen Guerere Trust -- None Listed On Document
Guerere Keith $1,050,000 None Available
Ottolini Duane Foster $835,000 None Available
Erdelack Barbara A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guerere Keith $340,000
Previous Owner Ottolini Duane Jfoster $50,000
Previous Owner Ottolini Duane Foster $668,000
Previous Owner Erdelack Wayne F $237,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $1,050,000 +5.1% $321 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $999,000 +19.6% $305 / Sq Ft
01/25/2013 01/25/13 Sold $835,000 -5.1% $266 / Sq Ft
11/25/2012 11/25/12 Pending -- -- --
11/02/2012 11/02/12 For Sale $880,000 -- $281 / 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 $6,731 $894,900 $375,000 $519,900
2023 $6,731 $894,900 $375,000 $519,900
2022 $4,789 $853,500 $375,000 $478,500
2021 $4,896 $806,700 $450,000 $356,700
2020 $4,640 $806,700 $450,000 $356,700
2019 $4,640 $806,700 $450,000 $356,700
2018 $4,640 $806,700 $450,000 $356,700
2017 $4,208 $806,700 $450,000 $356,700
2016 $4,208 $806,700 $450,000 $356,700
2015 $4,208 $806,700 $450,000 $356,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112149

Outer Banks Association of REALTORS®

APN: 127A-000-0007-0000