NOT LISTED FOR SALE

506 Brown Pelican Ct Corolla, NC 27927

Estimated Value: $1,491,000 - $1,795,000

6 Beds
8.5 Baths
7,406 Sq Ft
$226/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $1,625,000 $219 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,946/month

307 Days on Market

Highlights

  • Community Beach Access
  • Golf Course Community
  • In Ground Pool
  • Views of a Sound
  • Home fronts a sound
  • Gated Community

About This Home

As of June 2023

If you are looking for a stately home (7,406 sq.ft.) nestled in a stunning setting, with never ending, always changing Views interlaced with sounds of beautiful shore birds and gentle movements of marsh grasses, this could be the one. Look now because the price was just REDUCED by $100,000! From the moment you enter the foyer you will be greeted by those views. The owner had a home in Pine Island and learned from that what was important to families spending time together, from the shared level of the living, kitchen and game room to all en-suite bedrooms. The main level wrapped with window lined views, massive living area with soaring ceilings, a locked off office area behind the large desk, and a player piano for the musically inclined. The large kitchen with room for multiple cooks to create and serve in the beautiful dining room who's table accommodates all to dine together. The oversized game room, which can be closed off from the main great room, is equipped with pool/ping pong, a game table and a comfortable conversation area. Wake to the beauty of the Outer Banks from primary bedroom by walking out to the appropriately large decks and pool area. In addition to the very generously sized en-suite bath is a dressing room with vanity. On the east side of this level is another en-suite bedroom. The top level is comprised of four en-suite bedrooms. All these bedrooms have a desk and two have those precious views and access to the top deck for ultimate vistas. Take the elevator to the the ground level where there is the laundry room and half bath and the garage. The garage measures at 2,893 sq ft for parking 6 cars, without having to move one. Imagine the potential with proper permitting, to convert - just a portion - of the garage. Think theatre room, exercise area or possibly move the rec room down add a work out space, and convert existing rec room to a bedroom or two. Outside the custom gunnite, 18' x 40' pool and area are sized in keeping and you will find a cabana room with a full bath giving an additional 160 sq.ft. heated (not factored in heated living space). No worries about multiple showers with three, 120 gallons each, water heaters. The owner spared no expense to create this home, now you can make it your home -a nd the most amazing views of the Sound are unforgettable from this incredible home!

Last Agent to Sell the Property

Denise Graham

Keller Williams - Outer Banks License #190990 Listed on: 07/01/2022

Keller Williams - Outer Banks

Co-Listed By

Eddie Kavanaugh

Keller Williams - Outer Banks License #126307

Last Buyer's Agent

Denise Graham

Keller Williams - Outer Banks License #190990 Listed on: 07/01/2022

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,353

Year Built

  • Built in 1998

Lot Details

  • Home fronts a sound
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Property is zoned SFO

HOA Fees

  • $279 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Siding
  • Piling Construction

Interior Spaces

  • 7,406 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Entrance Foyer
  • Game Room
  • Views of a Sound

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Parking Garage Space

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Water Filtration System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Tax Lot #6

Community Details

Overview

  • Association fees include common electric, management, security, tennis courts
  • Heidi Corsello Association, Phone Number (252) 453-4011
  • Tcc Currituck Club Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,353

Year Built

Built in 1998

Lot Details

0.5 Acres

HOA Fees

$279 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Extras: Covered Decks, Elevator, Hot Tub, Jet Tub, Landscaped, Sun Deck, Water Filter, Dry Entry
  • Flood Zone: AE
  • Headline: $100K Reduction-Must SEE
  • Heated Sq Ft: 7406
  • L V T Date: 07/01/2022
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: SFO
  • Advertised Income 2020: 81935
  • Advertised Income 2021: 74307
  • Advertised Income 2022: 76141
  • Deed Book Pg Number: 132
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: The Currituck Club
  • Newpoint Media: Yes
  • Office License Number: C30917
  • 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, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Walk in Closet, Washer Connection
  • Optional Rooms: Foyer, Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Composite Siding
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Gunite, Custom, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: 1,850 sqft
  • View: Sound

Garage/Parking

  • Garage: Attached, 3 + Car
  • Garage Sq Ft: 2893
  • Parking: Parking Garage, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Management, Security, Tennis Courts
  • Association Amenities: Clubhouse, Gated Community, Golf Course, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3350
  • Hoa Contact: Heidi Corsello
  • HOA Contact: 252.453.4011

Lot Info

  • Lot Description: Bulkheaded, Cul-de-sac, Level, Water Frontage
  • Lot Number: Lot #6
  • Deed Book: 504

Rental Info

  • Est Annual Rental Income: 168000
  • Estimated Rental Performance: 0.1034
  • Lease Terms: Weekly
  • Rental Co: Village Realty
  • Rental Cottage Name: The PLayer
  • Rental Cottage Number: CC006
  • Rental Turnover Day: Sunday
  • Rental Contact Name: Alyssa McDonald
  • Rental Contact Phone: 252.480.2224

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2021
  • Taxes: 6353

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jun 9, 2023
Sold by
Player Llc
Bought by
La Bella Costa Llc
Seller's Agent
Denise Graham
Keller Williams - Outer Banks
Buyer's Agent
Denise Graham
Keller Williams - Outer Banks
List Price
$2,150,000
Sold Price
$1,625,000
Premium/Discount to List
-$525,000
-24.42%
Views
102
Current Estimated Value
$1,673,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,916
Avg. Annual Appreciation
1.06%
Original Mortgage
$1,300,000
Outstanding Balance
$1,262,731
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$411,185

Purchase Details

Closed on
Jan 30, 1997
Bought by
Player Llc
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
La Bella Costa Llc $9,750,000 None Listed On Document
Player Llc $213,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open La Bella Costa Llc $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2023 06/09/23 Sold $1,625,000 -12.2% $219 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
04/27/2023 04/27/23 Price Changed $1,850,000 -5.1% $250 / Sq Ft
09/09/2022 09/09/22 Price Changed $1,950,000 -9.3% $263 / Sq Ft
07/01/2022 07/01/22 For Sale $2,150,000 -- $290 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $8,658 $1,114,800 $150,000 $964,800
2024 $8,658 $1,114,800 $150,000 $964,800
2023 $9,014 $1,114,800 $150,000 $964,800
2022 $6,368 $1,114,800 $150,000 $964,800
2021 $6,353 $1,020,400 $220,000 $800,400
2020 $5,890 $1,020,400 $220,000 $800,400
2019 $5,890 $1,020,400 $220,000 $800,400
2018 $5,890 $1,020,400 $220,000 $800,400
2017 $5,340 $1,020,400 $220,000 $800,400
2016 $5,359 $1,020,400 $220,000 $800,400
2015 $5,340 $1,020,400 $220,000 $800,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119529

Outer Banks Association of REALTORS®

APN: 117A-000-0006-0000

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